Accesso Technology Share Discussion Threads

[rivaldo] 05/2/2021 14:12

With vaccinations going well in the UK and the USA, it looks like some are looking forward to attractions and theme parks re-opening.

[supernumerary] 14/1/2021 17:44

Following 3posts from makendon on the SNG Guild thread. Shocking business - acso should be there, so people could sit in their cars until called...

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Re vaccine. I took my MIL for hers on Tuesday. Bearing in mind she's 80 and the vast majority of others were well over 80, they had them queuing up outside of the centre for around one and half hours. One poor chap collapsed right in front of us, really traumatic!!. Great that they're vaccinating thousands per day at each venue, but some of them, like the chap who collapsed might die of exhaustion and frostbite before they get the injection.

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>> super, honestly could have been better managed. She was booked for 11:30, so we got there at 11:15 and just joined the queue, once inside it took about 20 mins to process, stab and observe - but we didn't leave till after 2:00pm. Ref the queue, to be fair there were two or three helpers, who were occasionally walking the queue, looking for vulnerable people, but really that was not sufficient. They needed to maintain the timings, offer chairs and blankets.

Apparently the queue was so large because as soon as the pensioners were sat down they wanted a bit of a chat with the vaccinators and they were in a difficult position not to rush them on...

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It was one of the new super vaccine centres in Newcastle at the Centre for Life.

[rivaldo] 17/12/2020 13:12

Nice move up again.

I found this which hasn't been posted before from Shore Capital, who say Buy and have a 610p target:



"accesso Technology in good shape for post-COVID-19 recovery says broker

Last week, accesso issued a bullish trading update

accesso Technology Group PLC’s (LON:ACSO) COVID-19 problems present an opportunity for investors prepared to look to more normal trading conditions, according to Shore Capital.

The AIM-listed group supplies queuing, ticketing and planning software to events values and theme parks in the UK and US, many of which have to shut during the lockdown periods.

As a result, accesso’s trading has been negatively impacted in 2020 said Shore and the group has suffered a hit to both its financials and market value.

“However, we believe the queuing, ticketing and operational solutions are likely to be in high demand post COVID-19 with more businesses actively looking to engage customers digitally,” said the broker.

The company also enjoys a good reputation within the industry and has several varied revenue streams, while it has an extremely strong balance sheet that should enable it to survive any upcoming disruption.

The shares are worth accumulating for a long-term play, concludes Shore, which has a fair value target of 610p and a buy rating."

[supernumerary] 02/12/2020 18:57

trader - good spot! Clickable link:

[1traderjoe] 02/12/2020 17:09

hxxps://www.prnewswire.com/news-releases/digisoft-adapts-accesso-theme-park-technology-to-partner-with-irish-defence-forces-on-wearable-covid-19-tracker-301183605.html

[bonio10000] 20/11/2020 11:16

And massively below trend.

[rivaldo] 19/11/2020 08:14

Good to see that revenues will be "comfortably ahead of.....previous guidance"....

[ali47fish] 18/11/2020 22:55

spud-i assume you're still holding

[spud] 18/11/2020 12:50

All boats rise on the tide ali.

spud

[ali47fish] 18/11/2020 08:46

toggle can you please briefly say why the share price is going up-people have been stung with this share -is it sustainable!

[togglebrush] 17/11/2020 08:32

Board may be quiet but share price has been busy
opened Monday 9th @ 246
closed Monday 16th @ 346

[bonio10000] 16/11/2020 13:30

Probably vaccine news and reopenings next year.

[ali47fish] 16/11/2020 13:28

this board is so quiet- this has been continually nudging up anyone knows the reason and is it worth adding to

[supernumerary] 08/11/2020 18:39

This company, Wyld Networks (wholly owned by Tern) has what they call a geozone capability (otherwise known as geofencing):



and are now applying it in a care home trial:



This is the sort of thing I thought ACSO might have developed - how difficult would it be for them to put together based on existing theme park solutions?

[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 11:53

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 11:25

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 08:12

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 09:12

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 08:31

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

[togglebrush] 16/9/2020 06:18

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 07:21

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 08:11

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