Accesso Technology Share Discussion Threads

[smithie6] 21/5/2020 17:35

£38 million

41% of the cap. value before the issue

[orange1] 21/5/2020 16:46

After hours announcement:

Proposed Fundraise and Banking Agreement

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment and cultural markets, today announces a proposed placing of approximately GBP32 million ($39.1 million) (the "Placing") and a pre-emptive open offer (the "Open Offer") to raise up to approximately GBP6 million ($7.3 million), together with the amendment and waiver of certain financial covenants and an additional debt facility of GBP8 million ($9.8 million) (the "Banking Agreement").

[supernumerary] 20/5/2020 09:07

This is the sort of thing I thought acso might be able to knock up quickly:



Tern is also pleased to announce that Wyld has also signed an agreement with Highland Health Ventures Ltd ("HHVL") to test and deploy its technology into certain care homes in Scotland with the aim of helping to protect and prevent the spread of COVID-19 and other viruses. HHVL is an independent company with a collaboration agreement with NHS Highland for the purpose of developing innovations in healthcare.



Wyld's technology is to be used to provide digital access and anonymised social distance monitoring and alerting through a mobile application and a mesh wireless network of connected smartphones and IoT devices. Wyld and HHVL have already started the first project for the initial testing and implementation of this technology in a care home in Scotland. The Board of Tern believes that Wyld's technology may also have broader applications in helping other businesses get back to work.



The Wyld system is to be used to create virtual 'geozones' around the care home and particularly sensitive or quarantined areas, to control access as well as dynamic personal two-metre geozones around everyone using the application. All staff and visitors will have to download the mobile application and input COVID-19 test results and enter any symptoms into a self-diagnostic algorithm embedded in the application to create a risk profile. Residents without a smartphone could be given electronic wristbands or similar.



Anyone approaching a geozone will be sent a message to let them know if they are allowed to enter. Wyld's real-time data analytics platform will allow care home managers to contact and advise anyone who has been in close contact with someone who tests positive for COVID-19 or develops symptoms.

[togglebrush] 12/5/2020 16:53

More Press today
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‘
Headline
Holiday World & Splashin' Safari® Expands Partnership with accesso® to Implement Virtual Queuing
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extract
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accesso's virtual queuing technology dynamically adjusts to unpredictable variables such as guest flow and operational changes, allowing venues to employ real-time capacity optimization and real-time communication with guests via their own mobile device.
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Using accesso's virtual queuing system is quick and easy. After selecting a ride or attraction on their mobile device, guests will be placed in a virtual queue and a countdown will begin. When it's their turn to ride, guests will be notified to proceed to the attraction. Park attendants will conduct a contactless scan of the QR code on the guest's smartphone to redeem the ride reservation.

[smithie6] 12/5/2020 10:49

so over 30 million guests used Accesso queuing technology last year

need to increase the price per guest imo !

[wisewilliam] 12/5/2020 08:57

This is excellent news. Acso know of many of the challenges this will bring from its trials at Thorpe Park a few years back. For example what do people do when not standing in line.

[togglebrush] 12/5/2020 07:54

News
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extract
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Last year accesso's patented virtual queuing technology empowered over 38 million guests to step out of lines at theme parks around the world. In light of the need for social distancing, accesso will now extend its range of use-cases to specific deployments around social distancing.

[the stigologist] 12/5/2020 07:12

Hello Smithie you demented moron

What the fukk ! LOL a queuing company when all the theme parks are shut

PMSL

[smithie6] 11/5/2020 14:47

big trades going through many are each above 70k shares

1@ > 200k shares

??

[smithie6] 11/5/2020 12:19

queuing

while IT queuing might have been an optional extra in the past at visitor attractions

with only a % of clients paying to use it

the parks might now decide to make it mandatory for all clients, (& reducing its price)....which I assume would be a benefit to Accesso, while reduction of numbers would be a -ve, (but if a quick cheap saliva swab test arrives in the coming months then everyone entering a visitor attraction could be tested....& then attractions could operate at max. capacity)

[ali47fish] 11/5/2020 11:37

is this rise in the share price sustainable-that's what i want to know?

[bonio10000] 11/5/2020 11:02

China opening a Disney park with 20% capacity.

That is the future for the rest of the year.

[rivaldo] 11/5/2020 11:01

100,000 shares bought at 350p. And another 75,000 shares just bought at 350p.

Someone's keen - that's £612,500 spent on ACSO shares in the last 15 minutes.

[smithie6] 11/5/2020 10:44

cash

remember that the Govts of UK is paying 80% of the wages of the staff furloughed

some staff working on R&D stuff

some staff working on stuff for customers that is getting paid for

----

the recent contract with a French theme park
that will have some implementation work needing doing to integrate the ACSO applications/packages, paid for by the theme park

if the co. needs to borrow some money then imo it can do that from the UK Govt at a very low interest rate & with repayment in the future when things are much better

I don't see the end of the world scenario that you think that borrowing or raising some money would create

but each person to their own views/preferences

[smithie6] 11/5/2020 10:32

wtf !

331.00 38,126 Buy* 126.20k

at 11:01

:-)

[crescenter] 11/5/2020 09:54

All this bullish ramping is nonsense.

They will need a deeply discounted placing to survive this year.

There will be further write offs of intangibles as we face the new normal world after lock down ends.

They might not survive.

They will be sub £1 sometime this year.

[smithie6] 11/5/2020 09:34

people are talking about the possibilities for Acso in areas for queuing because of the virus (& who knows, maybe useful during the flu epidemics every winter)

perhaps for hospitals & health clinics is an option

& that is a big market

clearly the medical system does not want possibly infected new people inside a medical building before being seen/managed/tested

people in a waiting room....cross infection risk

& similar for people going in for other reasons

Better, imo, if people wait outside, in cars etc
& are called in individually when the medical system is ready for them

& to manage that type of thing a software system is probably needed/best

[spud] 10/5/2020 19:32

Good luck chaps. Have not reinvested but wish all holders the very best good fortune!Will drop by from time to time for a catch up. spud

[bonio10000] 10/5/2020 15:04

Parks will not open in the same form as they did. There will be enforced social distancing, never mind a lot of people will just swerve it.

Agree ACSO will need a placing.

[smithie6] 10/5/2020 14:37

hxxps://www.walibi.fr/fr

website of theme park

that apparently has recently signed with Accesso.

[she-ra] 10/5/2020 12:24

So I guess the Mail really wants Accesso to go up having also tipped it last week.

They're doing what they did with Loopup.

I still believe a placing is on the way. Their turnover has collapsed.

[rivaldo] 10/5/2020 09:47

Other companies don't do the virtal queueing aspect, and not in conjunction with the ticket issuance etc - or certainly 99% of them don't AFAIK. And remember that ACSO have the patents for all this, which gives them the upper hand.

[brummy_git] 10/5/2020 07:45

Are accesso the only company doing this stuff? There's already masses of yield management, booking & ticketing software firms for restaurants, hotels, ride-hailing, etc