Accesso Technology Share Discussion Threads

[spud] 05/8/2017 11:00

Only about 10k sells reported after hours leaving us over 5k to the good. Bizarre!

spud

Edit: And another 4k sell reported today from Friday, so there you have it - Pretty much a flat Book with a seller selling into any strength.

[spud] 04/8/2017 15:01

Lack of Institutional interest isn't helping - After all, they've just taken a raft of stock in the recent Placing. The price will need to dip well below the Placing price if it's to pique their interest again or attract someone who missed out. As it stands in this thin market, it's at the mercy of the PI with a couple of hundred quid & an SB account.

spud

Edit : At close we are 15787 shares to the good by my calculation. I would therefore expect to see some large late reported sells float in at about 5.30pm. This would indicate the presence of an overhang.

[alphabeta4] 04/8/2017 14:56

Just been on Morningstar for their forecasts, when I checked in May for this yr rev was projected at £98m, next £110m. These are now £101m and £125m. EPS was 40.94p and 47.24p, which are now 36.49p and 56.61p so presumably they're expecting something rapid after this year hence the big revenue and eps jump. This in turn probably explains why there was such a low discount in the placing price.

Would be nice to have access to some broker notes to understand why the change.

[chasbas] 04/8/2017 14:49

Bought a few at 1560p but shows up as a sell on Hargreaves Lansdown.
Must be a bit of stock around?

[ddubzy] 04/8/2017 11:21

Right algo's, time to reverse this drop since May as we head towards Septembers results. Cracking update by MERL, so all looking good...GLAH

[shanklin] 04/8/2017 08:26

After this morning's MERL statement, added a few ACSO first thing at £15.70. Hopefully ACSO will at least recover to the 1620 placing price in relatively short order.

[rivaldo] 04/8/2017 07:31

Of most relevance to ACSO, LEGOLAND is doing really well globally:

"LEGOLAND Parks revenue increased by 34.6% at actual FX rates. On a constant currency basis, revenue grew by 20.8% due to the opening of LEGOLAND Japan, a strong Easter trading period driving 8.0% like for like growth and the positive contribution from new accommodation including the new 'Beach Retreat' in LEGOLAND Florida"

"New LEGOLAND park developments

· LEGOLAND Japan opened under an operated and leased model in April 2017.

· Progress on LEGOLAND Korea infrastructure.

· Currently seeking the required consents to open a LEGOLAND park in New York.

· Continue to explore further potential sites in China."

"Four new LEGOLAND parks by the end of 2020"

[ddubzy] 04/8/2017 07:05

Good MERL update this morning.

[panic investor] 03/8/2017 13:37

I can buy at 1600 what's your problem ?

[jonut] 03/8/2017 13:25

Au contraire, mon ami. On Tuesday early pm the price was 10p up. The buys/sells were misleading.

[panic investor] 02/8/2017 21:03

The share price is not misleading it went down !

[1001011] 02/8/2017 17:31

Sector-wide drop at U.S. opening bell: Disney, Comcast, Seaworld, Merlin, Six Flags, Cedar Fair.

[spud] 02/8/2017 16:20

Just tripping a few stops is all - Final level of capitulation imo. Should see a bounce from here I feel. spud

[togglebrush] 02/8/2017 15:47

A series of heavy trades after 12 noon have caused the fall in Sp. These were those of over 1,000 volume. Many other sub 1,000 are in between . Style OK are delayed publication trades
'
Time________Date____Price___Volume___Value____Style

12:44:42 02-Aug-2017 1,618.00 2,500 £40,450 OK
13:04:30 02-Aug-2017 1,610.00 1,000 £16,100 OK
14:03:51 02-Aug-2017 1,610.00 1,000 £16,100 O
14:23:21 02-Aug-2017 1,600.00 2,500 £40,000 OK
14:46:11 02-Aug-2017 1,600.00 1,000 £16,000 OK
14:56:54 02-Aug-2017 1,570.00 2,000 £31,400 O
'
Based on stats for Daily Volumes for 2016 onwards
;
One100____41,683 a one in hundred day
Q3________15,733 SO FAR TODAY volume is OVER this level
Median_____7,709 middle of a sorted sample NORMAL day

[martinthebrave] 02/8/2017 15:35

Bought back in here last week. Buckled up and ready for the ride up!

[ddubzy] 02/8/2017 15:28

Wow, under recent placing price now...

[greyingsurfer] 02/8/2017 15:18

Time for a bounce looking at the chart? Some small selling in the quiet summer season seems to be affecting the price disproportionately.

Not uncommon in August with everyone on the beach and trading thin. Normal service should be resumed at the end of the month if not before.

The plus side is that if the fundies remain good - as seems the case - restoration of normal service is likely to see the bounce you are looking for (I remain unconvinced it has anything to do with the chart though!)

Peter

[aimingupward2] 02/8/2017 15:17

Agreed, Monty, but there isn't any - is there? Opportune time to add it seems.

Looks suspiciously like a walk down in the price ahead of the interims, perhaps triggering stop losses, to attract stock prior to expected buying on good figures and an encouraging forward statement.

[greyingsurfer] 02/8/2017 15:14

How many times a day do you share that nugget of wisdom on these boards, MH?

[montyhedge] 02/8/2017 15:09

Companies on these high p.e's can't afford any negative news from anywhere. Shareprice gets hammered.

[alphabeta4] 02/8/2017 15:05

Lol, great minds Rivaldo :)

[alphabeta4] 02/8/2017 15:04

Toggle - showing as 14/9 on Morning Star but that could be them guessing.

darlocst - we'd already had the below trading statement contained within the TE2 RNS on 12/7 so it doesn't seem to have had an affect (remember also that ACSO suffered from poor weather last year so if it repeated it would just be lfl):

Further to the AGM statement published on 23 May 2017, the first part of the 2017 financial year has started strongly, with all parts of the business generating good momentum. As is normal for the Company, around 38% of the year has been traded to date. The integration of the Ingresso acquisition made in March 2017 continues to progress well and in line with management's expectations, whilst the Merlin Entertainment roll-out also continues to plan. TE2 also continues to trade strongly as expected for a high growth business, with underlying revenue growing significantly during the first 5 months of 2017 versus the same period the previous year. The Board remains entirely focused on continuing to deliver value for shareholders.

[rivaldo] 02/8/2017 14:55

Time for a bounce looking at the chart? Some small selling in the quiet summer season seems to be affecting the price disproportionately.

The current trading summary only 3 weeks ago was certainly bullish enough:

"Further to the AGM statement published on 23 May 2017, the first part of the 2017 financial year has started strongly, with all parts of the business generating good momentum. As is normal for the Company, around 38% of the year has been traded to date. The integration of the Ingresso acquisition made in March 2017 continues to progress well and in line with management's expectations, whilst the Merlin Entertainment roll-out also continues to plan. TE2 also continues to trade strongly as expected for a high growth business, with underlying revenue growing significantly during the first 5 months of 2017 versus the same period the previous year. The Board remains entirely focused on continuing to deliver value for shareholders."

[togglebrush] 02/8/2017 11:06

Interims Mid September in my notes (14th Sept last Year) does anyone have a better date ???