Accesso Technology Share Discussion Threads

[nchanning] 06/7/2022 15:06

Good battle between the bulls and the bears today on high volume before the trading update - hopefully we have the bears heads on spikes by sunrise tomorrow !

[nchanning] 28/6/2022 16:21

Let's face it however much digging and thinking we might do , the CEO of a small AIM company has an enormous information advantage over us . When he puts down some serious cheddar just two weeks before the company is about to give an important trading update , that's pretty much all you need to know . After an update there can be some pressure on a CEO to buy and show some confidence in a struggling company , but shortly before a trading update is about as clear a signal as you can get

[rivaldo] 28/6/2022 09:53

Agreed NChanning - last year's H1 trading statement was on 7th July, so not long to wait.

It's difficult to believe the CEO would spend such large sums on shares just prior to anything but a rather positive RNS! Especially given the excellent vibes in the prelims and subsequent AGM statement.

[bouleversee] 27/6/2022 13:03

Hasn't helped the share price unfortunately.

[nchanning] 27/6/2022 10:00

Makes it pretty much a lock that the trading update in about 10 days time is going to be positive ....

[rivaldo] 27/6/2022 09:38

Great to see the CEO buying around £85,000 of additional shares to add to his already substantial holding:

[eigthwonder] 25/6/2022 17:26

One reason for the relatively modest increase in revenues is I believe that a high proportion of contracts have volume related discounts, so booming visitor levels/spend doesn’t translate as well into revenue for Accesso.

[nchanning] 24/6/2022 14:41

Nice to see Steve Brown agrees Steve Brown is lowballing forecasts

[nchanning] 16/6/2022 12:05

Steve Brown seems to have settled on the strategy of guiding low then beating and raising as the year develops . Look at broker forecasts last year at this time - 90m revenue and a 7 million loss , which was repeatedly upgraded to a 125m revenue and 22 million profit outcome . This also shows how strongly incremental revenue flows through to the bottom line . Setting up for a monster beat here , with an added kicker of a ragingly strong dollar

[nchanning] 14/6/2022 19:59

I can certainly understand the sharp increase in costs that brokers have written into forecasts being warranted in light of wage inflation in the tech sector . But the predicted increase in revenues looks incredibly modest given the epic boom going on in theme park spending

[nchanning] 14/6/2022 19:57

For now theme park spending continues to boom :There was a bright spot early on Tuesday after Bank of America pointed to a strong trend with theme park spending. The firm said a scan of BofA debit and credit card spending in May showed regional theme park spending was up 7.9% during the month compared to a year ago and was up a whopping 64.5% from the pre-pandemic level seen in 2019.The firm said the theme parks category was the strongest in its monthly scan of leisure spending. The shift to in-person group entertainment is expected to stay relatively strong through the summer even with macroeconomic pressures building.

[rivaldo] 07/6/2022 21:34

Canaccord have bought another 500,000 shares - they now own 12.45% of ACSO, or 5.14m shares:

[rivaldo] 05/6/2022 06:46

News of expanded ecommerce integration with Paypal:

[rivaldo] 23/5/2022 07:27

Evidently the two solutions are complementary. Meanwhile ACS now have the opportunity to cross-sell to RTP's 100+ global clients. A win-win.

[smithie6] 22/5/2022 15:12

Does this show a weakness in the product suite of ACSO ?

Since they expect to re-sell an RTP product ?

[rivaldo] 18/5/2022 09:07

News - should provide nice cross-selling opportunities to RTP's 100+ global clients:



"accesso® and ACTIVE Network Establish Strategic Partnership to Enhance Ski Industry Support
May 16, 2022

ORLANDO, Fla. (May 16, 2022) – accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider for attractions and venues worldwide, and ACTIVE Network – which owns and operates Resort Technology Partners (RTP) – have entered into a strategic agreement to advance the reach of the companies’ solutions tailored to the ski industry. Through this partnership, ACTIVE Network customers will benefit from “Preferred Provider” access to the award-winning accesso Passport® eCommerce ticketing suite, which powered $250+ million in revenue generation for ski operators in 2021 alone. accesso eCommerce clients will now also have the option to select the RTP | One point-of-sale resort software system – a leading solution serving the ski industry for nearly 25 years and bolstering operations for more than 100 clients around the globe – to support their on-site operations.

etc"

[rivaldo] 18/5/2022 05:39

Shore Capital say Buy:



"Accesso’s just the ticket, says Shore Capital

Accesso Technology (ACSO) has provided an encouraging trading update and Shore Capital says global trends are underpinning an optimistic outlook.

Analyst Katie Cousins retained her ‘buy’ recommendation on the ticketing and queuing software provider, which slipped 2.7% to 730p.

‘The group appears motivated and excited about the future of the business, and we continue to remain optimistic about the opportunities for Accesso which we see as underpinned by global trends driving e-commerce adoption across consumer venues,’ she said.

Over the medium-term, Cousins said there was ‘scope for a recovery to a sustainable cash Ebitda [earnings before interest, tax, depreciation, amortisation] margin of over 20%, driven by the combined impact of strategic investments, better cost control, and increased global exposure’.

‘We expect this to be supported by attractive cash generation,’ she said."

[rivaldo] 17/5/2022 07:24

An encouraging (if somewhat vague!) AGM statement today.

Since the prelims and the outlook therein were so bullish, we can take comfort from the CEO saying today:

"I'm very pleased with how accesso has started 2022. We've continued our momentum from 2021 and we are executing in line with our plan for the year"

A little more detail would have been good, but hey......

[nchanning] 13/5/2022 19:10

Not only is revenue surging but clearly Accesso is a key part of the in park spending uptrend

[nchanning] 13/5/2022 19:09

Analyst David Katz said SIX's quarterly operating performance boosted the firm's confidence in its estimates. Katz thinks that as Six Flags (SIX) focuses on pricing strategies and service delivery, pre-pandemic attendance trends become less relevant.Looking ahead, Six Flags management's strategies to improve overall guest experiences and unit economics are expected to drive stronger financial performance.

[rivaldo] 13/5/2022 14:54

Agreed, the AGM update should be pretty strong given the outlook in the prelims.

I'm not expecting a specific update on any increase in the $64m cash pile as it's only an AGM statement, but the prelims stated 2022 would be another cash generative year so hopefully there'll be some positive noises around this.

[rimau1] 12/5/2022 15:34

Looking forward to a bullish Trading Update on Tuesday. They have previously flagged additional investment spend in 2022 so it will be interesting to see the impact on net cash

[rivaldo] 12/5/2022 12:14

RNS - great to see an American investment company increasing its stake in ACSO.

Long Path partners have bought another 250,000 shares or so and now own 4.55m shares, or just over 11%:



"Long Path Partners is a privately-owned investment firm that seeks to compound capital by investing in a limited number of high quality, predictable businesses that we intend to own for the long term."