Accesso Technology Share Discussion Threads

[gleach23] 22/8/2023 13:23

The share price has hardly cratered though cestnous.

Interims due in about 3 weeks too.

[cestnous] 22/8/2023 12:44

And I would like to see some company comment on this share price fall

[cestnous] 22/8/2023 08:46

6flgs has 26 parks in the USA. Takings down 12% How much this affects ACSO takings I have no idea. Seems to be an overreaction but I would say that being a shareholder.

[cestnous] 22/8/2023 08:16

But it would have been a mistake

[tones3] 18/8/2023 14:51

I would like to see Steve do more investor interviews/presentations.

[strollingmolby] 18/8/2023 14:38

cestnous - I don't disagree, I'm in the same boat. ACSO likely dropping back after Six Flags quarterly results where spend per visitor is down.

[cestnous] 18/8/2023 14:23

If I had any cash I’d buy more at this price,

[rivaldo] 17/8/2023 11:27

Good to see the earnings-enhancing acquisition of VGS (historic $4m PBT) has now completed:

[w13ken] 20/7/2023 13:40

Positive Accesso update on Vox Markets - 20/7/23:

Vox Markets Fund Manager Series: Josh Northrop of Whitman Asset Management

58:35 Accesso #ACSO

[aimingupward2] 28/6/2023 13:18

Thanks rivaldo. An excellent read.

[rivaldo] 28/6/2023 10:23

Very effusive new article about the VGS acquisition:



"accesso offers masterclass in the small-cap takeover

Brining in former theme park ticketing rival a wise decision in more ways than one

Did theme park ticketing technology provider accesso Technology Group plc just execute one of the savviest acquisitions of the year by an AIM-listed small cap?

The deal in question pertains to accesso’s US$38.5 million acquisition of VGS, a similar type of company that nonetheless brings a lot to the table.

etc"

[rivaldo] 21/6/2023 22:49

The link to the interview in post 5291 (cheers W13Ken) doesn't work, so here's one that does:

[tones3] 21/6/2023 17:18

I don’t recall any interviews with Paul Noland. I’m happier knowing Steve is back. As a side note Iv already used Accesso to purchase tickets for multiple ventures this summer.

[w13ken] 21/6/2023 15:11

Ok, good to know EC, not too much online on this.

[effortless cool] 21/6/2023 14:58

It was the Executive Chairman that was the issue, rather than the CEO.

[w13ken] 21/6/2023 14:49

Paul Noland was the name of the CEO that oversaw the share price crashing not long after Steve Brown originally left. Things have picked up since his 2020 return.
New interview on the VGS acquisition:

[tones3] 21/6/2023 13:38

Now they are way undervalued.

[deanowls] 21/6/2023 13:19

It’d be nice if when announcing options that they actually tell us what the targets being given are. It is ridiculous that they do not include this information.

[effortless cool] 21/6/2023 13:13

It was hugely overvalued and accounting very aggressively.

So any shorters targeting it were simply smart.

Shorting doesn't destroy value, it helps eliminate over-value.

The accounting is now quite prudent and the management more trustworthy.

[tones3] 21/6/2023 12:28

Targeted by shorters.

[bouleversee] 21/6/2023 11:13

Can anyone remind me why the price dropped so much in 2018? They are still a long way from the high then and I am surprised they are taking so long to recover as the news always seems to be pretty good.

[rivaldo] 21/6/2023 10:38

This newswire piece on the VGS acquisition is mostly the same as the RNS, but also includes this extra comment from ACSO's CEO which gives additional reassurance that ACSO know exactly what they're getting in this complementary acquisition:



"This is particularly meaningful for me and Paolo, as our working relationship dates back more than two decades to the early days of the original VGS ticketing and visitor management solution," continued Brown"

[strange1] 20/6/2023 13:21

A 50% margin on a $8m revenue business.......must be one of those tech companies where you don't need to spend any money on the tech....or sales.....or IT security. Lets hope David Richards isn't one of the non named owners

[rivaldo] 20/6/2023 13:13

Looks an excellent acquisition to me - immediately earnings-enhancing, opening up new markets plus the potential for cross-selling.

Terrific margins and a good value purchase price.

And:

"VGS' customers include the world's most popular theme park destination located in the United States, and one of the Seven Wonders of the Ancient World in Egypt."

This is intriguing since "the world's most popular theme park destination located in the United States" is Disney in Orlando...