Accesso Technology Share Discussion Threads

[davidosh] 17/3/2016 10:45

A nice mention for the top performer and most consistent on Aim over the last ten years....

[glyn10] 17/3/2016 10:24

I always liked Peel Hunt !

[rivaldo] 17/3/2016 10:18

Even better...Peel Hunt have increased their target price to 1280p (from 1200p):

[spud] 17/3/2016 09:10

Want a top up Hangers? Looks as if yer pint's half empty..

spud

[mr hangman] 17/3/2016 08:21

Yes that's better, but when they do start paying dividends, the yield, is going
to be terrible

[itchycrack] 17/3/2016 06:45

Ever the optimist eh Mr H? :-)

[eclectictrends] 16/3/2016 23:22

Brief interview with one of ACSO's customers on the current positive dynamics in the US theme park market

[mr hangman] 16/3/2016 17:28

The Numis P/T does not leave much upside going forward, still no sign of a
dividend, bit of a shame really.

[rivaldo] 16/3/2016 14:30

Paul Scott comments today that ACSO has become a "superstock", i.e "a company that is developing a unique niche, with a huge moat around"...in other words, he holds and is very keen!

Http ://www.stockopedia.com/content/small-cap-value-report-16-mar-2016-acso-wand-frp-123901/

Usefully, he's arranged a Q&A with TB on 22nd March and is after questions to ask.

[rivaldo] 16/3/2016 13:31

Numis have increased their target price to 1060p (from 985p):

[davidosh] 16/3/2016 11:30

spud....very marginally better off in absolute terms but I have recycled into numerous companies and one of them was AIM company of the year in 2014 and is a roll out growth story that makes ACSO look positively pedestrian...the share price was 3p three years ago and is now about 75p so no complaints on that one.

I am invested far and wide and do not run a concentrated portfolio. I like to sleep at night and let the companies take the knocks rather than me. These are smallcaps and can go up and down rapidly. My portfolio has a large number of hedges in place to smooth things out and one hedge is not to allow one holding to be more than 8% of the whole portfolio.....hence ACSO had to be trimmed in 2013/14 after doubling three years on the trot !

That is known as a happy problem to have and I reduced sensibly as I was not a forced seller. I have retained enough to mean I am nearly at the 8% threshold again.... so read into that whatever you wish but I can merely say thank you to everyone at ACSO for giving me these Qbot headaches !

[spud] 16/3/2016 10:14

I take your point about having a £ balanced portfolio David but can't help wondering whether you'd actually have been substantially better off staying put here..

spud

[davidosh] 16/3/2016 10:10

Totally agree with all the comments from long term holders and ACSO is living proof that there are some very good long term investible companies residing on the AIM market. That said Tom may have plans to get a listing elsewhere too.

I have sensibly taken some profit and recycled elsewhere at prices considerably below this level but I still retain a very significant holding and it is still my largest by size at the current price. I will almost certainly be here until the ultimate exit whatever and wherever that company journey takes us all.

[itchycrack] 16/3/2016 10:02

He! He! Agree with that!
They say you shouldn't become emotionally attached to a share, but I just don't think I could bring myself to sell! I JUST LOVE THIS STOCK! :-) :-)

[davidosh] 16/3/2016 10:01

Igbert....you could not be further from the truth. Have you met Leonard or spoken to him recently ? Do you even know where he spends most of his time ?

He was the founder and creator of the company and deserves a long and happy retirement IMO although I suspect he will still be involved when his knowledge is needed. I first met him in 2002 so no complaints just total respect from me. He knew when to hand over the leadership to Tom and that was probably the best decision and choice he ever made. The rest is history and if leonard felt differently he would tell me.

I am sure he will be at the Agm in May if you want to ask him yourself. If you are a shareholder that is !

[supernumerary] 16/3/2016 09:59

yes, I think he feels the same. Can't imagine any of the remaining early holders now selling out - we're all here for life...

[perceypig] 16/3/2016 09:49

Always here watching shame Glenn B isn't still onboard

pp

[itchycrack] 16/3/2016 09:40

10p to £10 in 10 years! Well done TB and all the team! Happy days indeed!! :-)

[supernumerary] 16/3/2016 09:34

Hello percey - good to see you're still around ;¬)

[perceypig] 16/3/2016 09:32

WOO HOO

pp

[supernumerary] 16/3/2016 09:32

Igbert - well done! That's as nice a piece of selective quoting and reinterpretation as I've seen - you should be writing posters for the West End theatre!

Personally, I'm focusing on part of Tom Burnet's closing remark: 'All the necessary elements are now in place to accelerate growth'. I can't help feeling more acquisitions are on the way.

Spud - well, Berkshire Hathaway A shares are currently over $210,000 each, and I think even the Bs are over $100, so the need for a split isn't pressing. I'd see no reason to split below £100? The low liquidity which used to be thought such a pain, seems to me to be working well in favour of the long term buy and hold investor. I'm sure Igbert would agree...

[spud] 16/3/2016 08:57

Fantastic set of results! It's about as good a Prelim as I've seen and builds upon the steady sustainable growth delivered in previous years. At this rate, I guess the next question is at what point is it beneficial to have a stock split...Thanks Tom & Team - Even fuller steam ahead!spud

[rivaldo] 16/3/2016 08:46

Nice £78,000 buy at 986p just reported....

As Glyn says, congrats and a fruitful retirement to Leonard Sim - and he's continuing as an employee so his expertise will continue to benefit ACSO.

The PEG here remains at not much above 1, and the huge revenue visibility and potential growth from Merlin, Six Flags et al are obvious investment attractions.