Accesso Technology Share Discussion Threads

[shanklin] 13/9/2016 15:03

Hi spud

What that's not said should we be looking out for please :-)

Thank you & Cheers, Martin

[spud] 13/9/2016 13:30

It's the tone of the forward looking statement & what's not said that will have the greatest impact tomorrow imo.

spud

[itchycrack] 13/9/2016 11:18

Hasn't yet! :-)

[montyhedge] 13/9/2016 11:06

The thing is guys very very high p.e, can't afford any disappoints.

[kcr69] 13/9/2016 10:22

The sell off from 1730 to 1590 over the past 5 days did come as a bit of a surprise however I take confidence from the fact that it has been on minimal volumes.

Ahead of the interims tomorrow it would be good to hear others views on what they perceive will be regarded as a good or strong update, or even what the market is expecting if anyone has that information.

Personally I think anything over a top line figure of 25% with operating profit in line will be regarded as a good performance, with 30% being seen as strong, but anything below 20% could result in a difficult trading day.

Regards

[panic investor] 09/9/2016 15:33

Strange considering news next week - hopefully have funds for Monday

[spud] 09/9/2016 15:10

Just taken 1k on weakness and will continue to accumulate.

spud

[panic investor] 06/9/2016 17:40

Indeed thanks for clearing that up !

[kcr69] 06/9/2016 16:36

And thanks Orange1, Janeann and Panic Investor.

[orange1] 06/9/2016 16:33

Well when the MMs were offering 1727.5 for 2000 shares they were clearly desperate for the stock either because they needed to balance their books or because they had a buyer who was prepared to pay more. At 11.22 they got 15360 shares at 1717.5p. This could well have satisfied their demand. Since then 500 or so shares have been bought and 8000 or so have been sold. As a consequence the price goes down and the MMs are not keen to take many on board because they are noticing that there are more sellers than buyers at this moment.

[kcr69] 06/9/2016 16:33

Thanks spud, appreciate the thoughts which definitely put some logic to what appeared quite an extreme scenario in such a short timescale.

Regards

[janeann] 06/9/2016 16:30

I think this morning they were desperate for stock and have now satisfied all the orders they have. may even have too much on their hands and hence one cant get an online quote to sell more than a 100.

[spud] 06/9/2016 16:30

The MMs try to keep a balanced book generally. This morning they were short of stock due to the buying activity and as a result were prepared to offer a price above the Bid in quantity in order to balance. As a result they attracted more sells than they felt comfortable with and had to lower the bid price and close the NMS down to 100 shares. Once their books are balanced, the NMS will rise along with the Bid.spud

[panic investor] 06/9/2016 16:22

I was just about to post the same, I did some dummy buys and sells, one moment you could sell well over 5k and the next nothing, and the same with buys too. Been a very strange day here.

So in conclusion Kcr I can;t help you, sorry

[kcr69] 06/9/2016 16:19

Does any one have a view on the following re todays trade

This morning I was being offered 1727.5 to sell 2000 shares when the spread was 1700 - 1735.

Now I can't get a price to sell on anything over 100 shares and at 1680.

Appreciate that MM's play games but that seems like polar extremes over the space of a few hours. I have no intention of selling however I just wondered if anyone had any thoughts?

Many thanks

[orange1] 06/9/2016 12:22

Whoops. Apologies allround!

[davidosh] 06/9/2016 12:03

Orange1.....yes, but Tom as Executive chairman is still the one who takes responsibility and has his name on the RNS ! lol

[orange1] 06/9/2016 11:15

>supernumery

Do keep up! The age of Tom is over, we are in the age of Steve now.

[glyn10] 06/9/2016 10:44

Spud, I hope you are wrong I was hoping for an share price of round £50 before any TO !

Lots of speculation in the media about ACSO being a target though, also Peel Hunts increased target to 2100.00p is bound to draw a few investors.

[supernumerary] 06/9/2016 10:08

spud - you have to wonder - the rise seems to be accelerating. Perhaps if we speculate enough, Tom will be forced to issue a 'we know of no reason' RNS?

It's occurred to me more than once, though, that if the new IP boys are doing their job, ACSO will be on a lot of radars - companies that might not have been aware of its existence previously. Someone like Uber, now planning to launch a driverless taxi system, could make hay with its opposition if it controlled ACSO's patent portfolio. They'll be smarting after having to back down in their battle with didi in China...

[itchycrack] 06/9/2016 10:07

Agree Spud, I've been feeling the same!

[panic investor] 06/9/2016 10:02

I do get the feeling that after all the company shake up (last year) for cross selling opportunities etc etc that there may be as Orange has said an aquisition or evening an announcement regarding moving into another market queueing / ticketing wise.

Lionheart smaller companies have been buying too.

[orange1] 06/9/2016 09:55

There could be other things going on in the background such as an acquisition or US listing.

[spud] 06/9/2016 09:31

I'm not sure this price rise is solely attributable to Results due this month. If it's what I fear, then it had better be for a decent valuation.Pure speculation & I could be wrong..spud