Accesso Technology Share Discussion Threads

[glavey] 27/10/2020 14:47

Still looks expensive to me.

[bonio10000] 27/10/2020 12:39

Just grifters.

They all sit on the remuneration board and vote themselves generous benefits.

Like most rackets - a few percent here and there taken off the top.

Whilst ignoring the massive shareholder destruction since £20 and the lack of accountability.

[bouleversee] 07/10/2020 12:53

It's money for old rope, isn't it? How do these LTIPs get approved? How can these massive freebies be justified when shareholders have lost so much of their money? Over 70% in my case last time I looked.

[strange1] 07/10/2020 12:25

Re the CFO LTIP award, how can it take 3 weeks from the award date for ACSO to announce it. Under MAR/ Aim rules a PDMR transaction should be notified immediately

[rivaldo] 07/10/2020 09:12

Well, more good news flow even if the pandemic doesn't look like going away for some time yet:



"accesso chosen to provide ticketing and distribution solutions for Floriade Expo 2022
5th October 2020

accesso Technology Group PLC, a leading technology provider, has entered into a strategic agreement with Floriade Expo 2022 Amsterdam.

accesso has been chosen to provide ticketing and distribution solutions for Floriade Expo 2020 in Almere, near Amsterdam in the Netherlands. The company will be implementing its accesso Passport system, as well as introducing ticket distribution technology to connect the event with customers around the globe.

“In acces­so, we’ve found an essen­tial plat­form for our tick­et­ing and dis­tri­b­u­tion oper­a­tions in addition to being able to service our complex accreditation processes for our participants, vendors and staff, which are cru­cial to both the expo’s suc­cess and the full sat­is­fac­tion of our val­ued guests,” says Mark Wijman, Senior Director Operations.

“With their world­wide client base and team’s ded­i­ca­tion to client ser­vices, we are incred­i­bly excit­ed for all the ben­e­fits this part­ner­ship promises."

etc"

[rivaldo] 16/9/2020 10:12

Probably a combination of:

- trading is slightly ahead of expectations
- H1 figures looked as reasonable as could be given the pandemic
- relief at the company now being relatively well financed going forward
- virtual queueing taking off globally spurred on by COVID-19/social distancing

Not out of the woods yet by any means given the potential for second waves, but potentially a lot of upside if and when "normalisation" begins/returns.

[aimingupward2] 16/9/2020 09:31

Things looking O.K. here with a (surprisingly?) strong share price response to the interims.

[togglebrush] 16/9/2020 07:18

On first reading of Interims
'
1.1 Going concern
'
...consider it appropriate to adopt the going concern basis
'
...noted the successful equity placing and open $46.1m (net of $2.1m costs) in June
'
...running two forecast scenarios following the COVID-19 impact …
actual trading ahead of both the conservative base case scenario and the severe but plausible downside case.
...In both scenarios modelled the Group maintains sufficient funding headroom and is in compliance with its debt covenants throughout the period of assessment
'
Outlook and guidance
'
-- Recent trading has continued to be slightly ahead of our expectations
as nearly 80% of accesso Passport (R) and more than 60% of
accesso LoQueue (R) supported venues reopened with reduced
capacities. A range of new wins in the ski sector further indicate
support for our technologies in the coming winter period.
'
-- Assuming market conditions do not deteriorate, we expect revenue
for the full year 2020 to be not less than $48m.

[rivaldo] 11/9/2020 08:21

Holiday World in Indiana has upgraded to ACSO's virtual queueing solutions - interesting to see the increase in guest spending as a result:



"Holiday World & Splashin’ Safari is a family-owned theme park and water park in Santa Claus, Indiana serving over 1.1 million visitors annually. Home to the world’s longest water coaster and America’s only launched wing coaster, the park features top-ranked wooden roller coasters, numerous family rides and shows, and of course, appearances by Santa Claus himself....

.....After careful planning and consideration, Holiday World decided to launch a plan for reopening safely that centered around 100% virtual queuing with accesso. Virtual queuing would allow the park to eliminate lines, giving guests a safer way to enjoy Holiday World’s rides and attractions, and making it easier for park operators to facilitate social distancing.

With more than 20 years of experience and extensive patents, there was no one better suited to help the park implement virtual queuing than accesso. Holiday World worked closely with the accesso team to develop its inLine Reservation platform, a custom-branded implementation of the accesso LoQueue® virtual queuing system, to be provided as a complimentary offering to every guest entering the park. In just a few months, the park was able to re-open to passholders on June 14th, opening to the general public a few days later."

"Aside from happier guests and the ability to reopen safely, Holiday World has discovered another key benefit to virtual queuing— increased guest spending. With guests spending less time physically standing in line, the park has seen a lift in guest per capita spending metrics in retail, food and beverage and games, which Blumhardt believes can be attributed to the implementation of virtual queuing."

etc"

[togglebrush] 08/9/2020 09:11

Recent share price rises look interesting with Interims a week away. (due Wed 16th)

[spud] 26/8/2020 10:58

I'd wait for results before going anywhere near the buy button!spud

[apad] 24/8/2020 10:16

Thanks rivaldo.

I bought into ACSO, having missed out on Lo-Q, a small holding at 270p, because I think their tech is fine and the new, old CEO might do a decent repair job.
Also I don't think it will go bust.

I'm now looking for reasons to increase.

FWIW

apad

[rivaldo] 24/8/2020 08:28

News - at last ACSO are delivering on virtual, socially distanced queueing. A prestigious, big name attraction too.

Not RNS'd (yet?), perhaps because it isn't individually material, but I'd have thought this was worthy of an RNSNON since it's certainly significant in terms of corporate news:



"accesso delivers virtual queuing solution for Parc Astérix
21st August 2020

accesso Technology Group PLC, a leading technology provider, has partnered with Parc Astérix to deliver a 100% virtual queuing solution.

accesso is pleased to announce that guests at France’s popular Parc Astérix theme park are now enjoying safe, socially-distanced visits, thanks to its 100% virtual queuing system. The park is the second-largest in the country and is located outside Paris, where it offers a fun selection of rides and attractions set over six different worlds.

Parc Astérix is using the Filotomatix virtual queuing program for several of its much-loved attractions, which is powered by accesso’s intuitive Qsmart platform and the accesso LoQueue virtual queuing solution. This means that the park is able to implement physical distancing regulations, keeping guests safe as well as reducing the amount of time they spend waiting in line.
100% virtual queuing

The Qsmart platform is user-friendly and easy to use, both for visitors and operators. It can be accessed through a smartphone, without the need to download any apps, or by using the accesso PrismSM smartpark wearables.

This virtual queuing solution leads to a contactless ride reservation and loading experience. It also adjusts to variables like guest flow as well as changes in weather and operations. The technology means that the park benefits from real-time capacity optimisation and is able to communicate effectively with guests throughout their visit.

“In accesso, we are pleased to find such a forward-thinking partner to help us welcome back our valued guests with safety and security top of mind,” says Sebastien Retailleau, Directeur Général Adjoint at Parc Astérix. “With the introduction of Filotomatix, guests will be freed from physical queues and thus able to enjoy visiting even more of our attractions and shows.”
Dynamic and reliable solutions

The French theme park is the latest attraction to turn to accesso’s virtual queuing solution in response to the COVID-19 pandemic and the need for social distancing. Just last year, accesso’s virtual queuing technology allowed more than a million guests to enjoy a more streamlined, queue-free experience at a range of attractions around the world.

“Parc Astérix is a truly iconic European park and we are thrilled to be partnering with them to redefine the experience for their millions of guests,” says Steve Brown, accesso CEO.

“Though the world has seen many changes as of late, our unwavering dedication to our partners and their guests remains constant. We look forward to helping Parc Astérix welcome back their guests with solutions that will not only help ensure a safer park visit, but also an improved guest experience.”

Last month, accesso announced that it has entered into a strategic partnership with Cuseum, in order to maximise membership management and visitor engagement for museums and cultural institutions."

[togglebrush] 20/8/2020 07:11

RNS
ACSO will announce its interim results on Wednesday 16 September 2020.

[bouleversee] 13/8/2020 15:58

A week or so ago there was an article in Times Business headed "Queue app will keep shoppers dry" which said that Sainsbury's is testing a virtual queueing system that would allow customers to wait in a car or cafe before entering a store instead of standing in the rain. The app. is called UFirst. Asda have been trialling technology developed by Qudini for the same purpose.

What have Accesso been doing to take advantage of the coronavirus situation and provide a useful service in this context while their use at tourist locations has been somewhat compromised? How many competitors do they have who are perhaps more on the ball and running with it?

The purchase by the CFO doesn't seem to have achieved anything for the share price but it was fairly small beer anyway.

Incidentally, my suggestion to my MP that they uses ACSO to avoid queuing to vote in Parliament went down like a lead balloon, unless of course it has been smouldering behind the scenes and the recent poster is aware that they are going to use it. I doubt it somehow, however.

[aimingupward2] 13/8/2020 14:39

Pfoleypp, if you are privy to information not for general distribution, then it it right that you do not disclose it. However, for your claim that these shares 'will trade at over £8 before long' to have any credibility you need to give some reason why you should be believed. Do you, for example, know a director or senior employee? Do you know that an rns will be issued soon? In the absence of something else, you might just as well keep quiet and buy up all the shares you can until something becomes public. Be satisfied with the big profits that you will make and, I suggest, don't also seek the satisfaction of being able to say 'I told you so'. So far, you haven't really reliably done so.

[pfoleypp] 13/8/2020 14:21

Take it from me, these shares will be trading at over £8.00 before long. Please don't ask me to provide specifics as I wont be able to do this, but I will be proved right. Just wait, watch, and enjoy the ride.

[pfoleypp] 13/8/2020 14:19

Take it from me, these shares will be trading at over £8.00 before long. Please don't ask me to provide specifics as I wont be able to do this, but I will be proved right. Just wait, watch, and enjoy the ride.

[aimingupward2] 13/8/2020 10:09

Yes, insignificant overall, but the CFO wouldn’t buy in at all if the outlook was poor, so take it as a positive sign

[ali47fish] 13/8/2020 09:59

cfo buy insignificant sum
13 August 2020

PDMR notification



accesso Technology Group plc (AIM: ASCO), the premier technology solutions provider to leisure, entertainment, hospitality, attractions and cultural markets, was notified on 12 August 2020 that, Fern MacDonald, Chief Financial Officer of the Company, purchased 3,055 ordinary shares of 1 pence each in the Company ("Ordinary Shares") on 12 August 2020, at an average price of 258 pence per share.

[bonio10000] 05/8/2020 11:47

Update - everything closed or massively reduced throughput

Revenues massively down and losses

Save you the time

[togglebrush] 01/8/2020 11:24

Last Year Interims were 18th September 2019
'
I guess this should be their busy season which is amidst COVID problems
But we haven't heard anything since 9th June 2020 "Results of General Meeting and Open Offer " which is disappointing they couldn't find time in their busy schedule.

[spoonmuff] 30/7/2020 11:03

Does anyone know of any updates with Accesso. I have heard very little of any progression. Just a little worried about my stock within this company when so few updates are being given.

[spoonmuff] 30/7/2020 11:03

Does anyone know of any updates with Accesso. I have heard very little of any progression. Just a little worried about my stock within this company when so few updates are being given.