Accesso Technology Share Discussion Threads

[mwainw1973] 17/9/2021 20:17

854 next on fib retrace

[mwainw1973] 17/9/2021 20:09

I sold at 960, waiting for a reply entry

[bouleversee] 17/9/2021 20:03

I was waiting till the price recovered enough to return the sum I invested. It wss almost there when the retreat began.

[kfr20] 17/9/2021 19:15

Always take profits when the opportunity presents itself, especially on aim as any spike always always gets sold off. I like the story here but I wouldn't be surprised if the market in general decides to take a bath in the coming weeks.

[deadly] 17/9/2021 07:10

And there was me thinking it was oversold...

[mwainw1973] 15/9/2021 14:39

Just my interpretation but the RSI was at 90 which suggests it's over bought

[bouleversee] 15/9/2021 14:10

I should have thought it meant that too many people have been rushing to buy, thereby lifting the price to a higher level than justified by fundamentals which in turn sparked profit-taking, driving the price downwards again. The grand old Duke of York etc.

[scooper72] 15/9/2021 12:19

Yep it's like when the brokers say a stock is underweight or over weight. Or perhaps it is not.

[ali47fish] 15/9/2021 12:06

mwain- I always forget what overbought means - please synonym or a different of saying the same thing

[mwainw1973] 15/9/2021 09:58

Looking very overbought on RSI, which way?

[bouleversee] 15/9/2021 01:09

I wonder why the share price dropped so much on Tuesday. Profit taking or Covid?

[w13ken] 14/9/2021 22:46

Yes, I thought that was pretty unusual so it's either died a death or you're right and there is likely to be a big expansion. Let's hope it's the latter. Just a 5-minute interview with Brown so far so I hope that there are other presentations to come.

[aimingupward2] 14/9/2021 22:30

There was no mention, in the interim report, of the trial at Boston Logan airport, which I believe has completed with very positive results, nor of the prospect of a transformational market opportunity in virtual queueing at airports worldwide. Might an rns, highlighting this, be being held back, perhaps for greater impact as a separate announcement, do people here think?

EDIT - or is it more a matter of airports not being busy enough for queueing to be much of a problem for quite some while ahead?

[w13ken] 14/9/2021 20:46

Good coverage from Proactive and always good to see Steve in front of the camera. He's an excellent CEO.

[molatovkid] 14/9/2021 06:18

Looks very good indeed....a very heartening read.

[rivaldo] 14/9/2021 06:13

A very strong set of H1 results today, remembering that this is the much seasonally weaker half so H2 will look even better.

ACSO reiterate that:

"we expect Cash EBITDA to be significantly ahead of market expectations for both the half and the full year"

The Balance Sheet is strong with $33m net cash. Virtual queueing is the future for all sectors across the globe given the pandemic - you just have to rad the narrative to see that this is the case. Prospects look very good here.

[aimingupward2] 10/9/2021 13:30

Just profit taking,surely? I expect buying interest will rekindle next week after a confident outlook statement with the interim figures on Tuesday.

[rivaldo] 10/9/2021 07:39

Cheers W13Ken.

Up on big volumes once again today - almost £1m traded already. I wonder if there's something more to these volumes - acquisition interest perhaps from someone who can see that ACSO's tech is key to a queueless future globally across a variety of sectors.

[w13ken] 09/9/2021 15:39

rivaldo, I've not seen that before - thanks.

Slide 17 onwards in the FY 2020 results presentation is interesting. It gives us a view of the Long Term Roadmap and Future State (slide 20/21) shows there is a lot of consolidation and simplification of the queueing and ticket mgmt software solutions on the way. It seems the solutions offered are already market-leading but even more compelling fully-integrated versions should make the offer unbeatable. Expect to hear more next week.

[spud] 09/9/2021 13:26

While the wheels have dropped off the main market, Acso steams ahead. Not invested but happy for the long termers. spud

[rivaldo] 09/9/2021 11:14

This article was never posted here from memory - big article about how ACSO are utilising contactless technology in all sorts of areas as attractions are rethinking their working practices post-COVID:

[molatovkid] 09/9/2021 11:05

I don't think wad collector will be collecting much wad if that is his sole criteria on judging a company.That is one element only.

[w13ken] 09/9/2021 10:34

Revenue has bounced back already to 2019 levels and during Covid there has been a lot of consolidation and forward-planning by Steve Brown. As a company still in the growth stage with new revenue streams being explored, the future looks extremely bright.