Accesso Technology Share Discussion Threads

[montyhedge] 18/7/2017 15:55

Six Flags CEO just left, will it effect this company on contracts?

[rivaldo] 17/7/2017 07:34

RNS on Friday shows Standard Life increasing their position to 2.84m shares, or to 12.65% - this from a prior position of 2.6m shares on 6th June per ACSO's website:

[panic investor] 16/7/2017 18:37

Wrong thread chap

[janeann] 14/7/2017 14:07

That 12500 buy at full ask seems to have cleared any loose shares for now.

ps thans for the interview link rivaldo - good to hear TBs view.

[panic investor] 14/7/2017 11:14

Rivaldo, my thoughts entirely - FAST FOOD - can't figure that one

Never heard him sound as excited as that before right at the end of the interview.

[rivaldo] 14/7/2017 10:55

New interview with Tom:

Http ://www.proactiveinvestors.co.uk/companies/stocktube/7788/experience-engine-deal-fantastic-for-us-accesso-s-tom-burnet-7788.html

Notes:

(1) TE2 are already in new sectors to ACSO like cruises, hospitality - and "fast food". I wonder how the latter benefits from TE2's software?

(2) TB says "everything is good" as regards core business trading

TB concludes by saying that this is a good example of 1+1=3, i.e the sum of the individual parts for this deal being greater than the simple numbers due to the overlap and synergies.

I think that's a very good way of summing this deal up, and can understand why the institutions put up £59m so quickly. It doesn't take much imagination to see the potential - and it's earnings-enhancing too.

[shanklin] 13/7/2017 16:05

You certainly would not want customers to have to have two wearable devices in order to access all the available functionality.

[spud] 13/7/2017 14:54

Riv, this is exactly why in large part the Company was so appealing to ACSO. I believe this acquisition merger will be huge.

spud

[rivaldo] 13/7/2017 14:46

Interesting articles about how TE2 have already put their software into wearable bracelets on Carnival's cruise ships which order drinks and unlock doors etc - and their ambition to expand to other sectors, such as hospitals, education, hospitality.....

[spud] 13/7/2017 11:14

TB is a busy man but we do exchange views on occasion.

spud

Edit: Lets not forget that at this current price we are being offered an opportunity to buy into a fully subscribed Placing only marginally above the price paid by major institutions.

[shanklin] 13/7/2017 11:05

Spud

The interweb... ...sounds a good idea.

So you spoke with TB?

Thank you & Cheers, Martin

[panic investor] 13/7/2017 10:34

re Carnival, loads of people basically prisoner = loads of spending.

[spud] 13/7/2017 10:29

Shank - The interweb is a great resource....The Carnival aspect is of significance I believe. Tom has long aspired to be involved in this arena and this open door is an ideal route to market. spud

[shanklin] 13/7/2017 10:03

Spud,

What was your due diligence please?

Thank you, Martin

[supernumerary] 13/7/2017 10:03

Also worth remembering that data analytics is a network effects business - the more data you have the more valuable your insights; the better your insights the more business you get; the more business you get, the more data you acquire. And so it continues.

First mover advantage is vital and that's what acso has gained in its marketplace with this acquisition.

[shanklin] 13/7/2017 09:56

WC,

Spud's percentage holding reduced by circa 20% overnight

[wildchild] 13/7/2017 09:53

spud : Don't you have to declare over x% ? ;-)

[spud] 13/7/2017 09:42

Having done my DD, I feel comfortable with the fit and anticipate that this could be a game changer for ACSO akin to the introduction of TB.

Taken another 1k.

spud

[aimingupward2] 13/7/2017 09:42

"I guess we can take comfort the institutions were prepared to snap up $75m of shares at no discount to yesterday's closing price."

Yes, I think so too. It's no good looking short term at acquisitions of this sort. They are for the benefit of accesso's growth and international success and thus for investors rather than traders.

[alphabeta4] 13/7/2017 09:04

We'll have to wait and see. If ACSO is on a fwd PE of around 40 and is paying $83.2m with it being 'mildly earnings enhancing in first full year after acquisition' I take that to mean profits of just over $2m for year ending Dec 2018 (and the reference to cash positive by end 2018 to mean this profit will be pre capitalised development costs of under $2m).

If EBITDA was -$4.6m 2015, -$3.1m 2016, then implies a trajectory of something like -$1m? 2017, $2m? 2018.

I guess we can take comfort the institutions were prepared to snap up $75m of shares at no discount to yesterday's closing price.

[wildchild] 13/7/2017 09:02

Bought a few. I'm inclined to believe the management here. They've not put a foot wrong yet.
Also, I now think this has been walked down over the last couple of months to accommodate the acquisition.