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ACSO Accesso Technology Group Plc

531.00
0.00 (0.00%)
Last Updated: 15:39:58
Delayed by 15 minutes
Accesso Technology Investors - ACSO

Accesso Technology Investors - ACSO

Share Name Share Symbol Market Stock Type
Accesso Technology Group Plc ACSO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 531.00 15:39:58
Open Price Low Price High Price Close Price Previous Close
535.00 531.00 535.00 531.00
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 02/2/2024 13:50 by tones3
Idk. Some investors feel burned by the prior mismanagement. Steve Brown has done a fabulous job turning the ship around. Being on the Aims doesn’t help. They should have moved to a US exchange a few years ago. A equal merger could be good.
Posted at 03/10/2023 15:26 by melloteam
Just to let shareholders and prospective investors know that accesso Technology, Equals Group PLC and Dillistone Group plc will be presenting on the MelloMonday webinar at 5pm on Monday 9th October 2023.

The event will also feature an interview with Craig Richardson and our popular Mello BASH (Buy, Avoid, Sell, Hold) with a panel of analysts and professional investors.

There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
Posted at 19/9/2023 07:45 by deanowls
The narrative in any of their results ever take into account investors. I wonder if it is being run as a lifestyle business for the owners.

Never no real kpis that will deliver tangible benefits for the real owners of the business. Share buy backs just for the employee trust.
Posted at 18/8/2023 13:51 by tones3
I would like to see Steve do more investor interviews/presentations.
Posted at 22/3/2022 14:43 by rivaldo
Depends which figures you use! The 61.1c adjusted EPS for last year equates to around 46p EPS, so that's a historic P/E at 818p of 17.8, but which includes the significant income tax benefit.

Better to use the figures in this analysis now up from Peel Hunt, who have a 1300p target price (to which the upside is some 60%, not the 37% quoted!):



"Accesso investors thrilled as ‘outstanding’ performance impresses City analysts

Accesso is highly undervalued, according to stockbroker Peel Hunt, which calls it a huge Covid-19 exit play.

Having white-knuckled through Covid lockdowns investors in Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) are again seeing the AIM-quoted stock as something of a thrill-ride, as parks reopened though 2021.

Accesso was boosted on Tuesday by upbeat set of financial results which, in the words of chief executive Steve Brown, saw a "simply outstanding" performance for the theme park ticketing and virtual queuing services firm.

The shares advanced around 7%, trading at 822p, after the company revealed 123% revenue growth to US$124.80 in 2021, driving a 346% increase in earnings (EBITDA) to US$28.1mln.

“We delivered record revenue and record profit during another challenging year in our end markets as they continued to recover at varying levels through the year,” said CEO Brown.

Key to the performance has been the appetite of theme park operators to make efficiency gains, reduce labour costs and optimise digital revenue streams – all in the wake of the reopening of parks following the Covid-impacted 2020.

“In the near term, we'll invest squarely behind this increased level of demand to secure the long-term, repeatable revenue during the crucial adoption phase,” Brown added.

“We will also see a welcome return to more normal operations and full staffing levels which will support the growing demand for our solutions and allow for continued innovation."

Analysts at Peel Hunt, meanwhile, reckon Accesso will now deliver another cash generative year, despite expected higher costs in 2022.

“We expect to upgrade revenue for 2022 by 3%, driven mainly by the faster than expected recovery in lower-margin distribution seen in 2021,” Peel Hunt analyst James Lockyer said in a note.

The analyst also expects to upgrade his expectations for cash earnings by some 17% for 2022 and 22% for next year.

“Given this strong outperformance and upgrade we reiterate our ‘buy’ recommendation and 1,300p price target. Today’s share price implies Accesso is trading on a 2x FY2023 EV/Sales and 15x FY2023 EV/cash earnings on our new numbers.

“This shows Accesso as highly undervalued given its operational leverage, a play on the offline to online shift, and a huge Covid-19 exit play.”

With a 1,300p price target, Peel Hunt sees some 37% upside to the current share price.

Elsewhere, analysts at Shore Capital – which also rate Accesso as ‘buy’ - said they’ve been pleased with the quick recovery and the upgrades.

“We continue to believe that Accesso has a compelling proposition in line with industry digital / consumer trends and is well placed for future sustainable growth.”

Accesso, in this morning’s statement, pointed to a positive start to 2022.

Investors were told trading volumes for January and February had been "encouraging".

For example, accessoPassport ticket business for North America was double that of 2019 as a result of the new customers brought on board over the past two years.

“Whilst we remain cognisant of the relatively early stage in the year, the impact of tiered pricing at higher volumes and revised terms related to enterprise renewals, we are cautiously optimistic about another year of good progress,” the company highlighted."
Posted at 18/9/2021 21:07 by ali47fish
w123 that 's the investor chronicle
Posted at 08/9/2021 15:04 by rivaldo
Shore Capital and Peel Hunt both say Buy:



"accesso Technology forecast upgrade prompts 12% jump in the share price; brokers impressed

“We view accesso as well-positioned to capture the growing e-commerce and digital solution trends,” said Shore Capital in a note to clients

accesso Technology Group PLC’s unscheduled profit and revenue upgrade has been greeted with 12% jump in the share price.

The revelation that trading at the electronic ticketing and queueing solutions group is now at pre-pandemic levels also sparked a flurry of positive broker coverage.

“We view accesso as well-positioned to capture the growing e-commerce and digital solution trends,” said Shore Capital in a note to clients.

“It has a growing global client base and a diversified offering that collectively can address consumer/ business demand across leisure, entertainment, and cultural markets.”

Shore repeated its ‘buy’ recommendation, pointing out the shares are currently trading at an attractive discount to the wider software-as-a-service industry.

Peel Hunt also repeated its ‘buy’ advice in the wake of accesso’s update.

It said: “As previously flagged, accesso is taking advantage of this newfound interest in its technology solutions and is deploying additional resources across implementation, development, and customer support.”

Earlier, accesso raised its 2021 revenue forecast to at least US$117mln, representing a full recovery to 2019 trading levels.

In a statement ahead of its interims next week, the ticketing and virtual queuing specialist said cash earnings (EBITDA) will be “significantly ahead of current market expectations” for the half-year and 12-month period.

“The group is currently deploying additional resources across technology implementation, product development and customer support to calibrate for the new demand,” investors were told.

“As previously signalled, these investments will have a limited impact on cash EBITDA in 2021; their full annualised effect will be felt in the 2022 financial year.”

accesso said through July, August and the Labor Day holiday period it had built on its “excellent first-half performance and continued to capture high demand for its technology solutions”."
Posted at 26/8/2021 09:16 by w13ken
There's been a 20% rise in under 2 weeks as investors are waking up to the potential with accesso technology. US ii's Long Path Partners have built their stake to 13.29% of all shares so have understood the vision, probably having met Steve Brown on a number of occasions.

I'm still expecting further gains up to and around the H1 results on Sept 14th. Simply Wall Street has fair value set as 1229p.
Posted at 18/8/2021 18:34 by aimingupward2
There has been steady buying and next to no selling for several days. I suspect that momentum gathered this morning and more investors have just joined in as the day progressed. Most are probably fully aware of the excellent prospects ahead and see very little downside risk, so why not? It doesn’t take much buying to keep nudging the price up. Yes, “interims are not due until September 14th”, but that’s not far away - no time at all, in fact, unless you’ve got a pretty short investment horizon.
Posted at 02/6/2021 09:42 by melloteam
Just to let shareholders and prospective investors know that Accesso, Mailbox REIT and Pebble will be presenting at Mello Events webinar event on Monday 7th June at 6pm-9:30pm. There will also be an interview with leading Fund Manager Keith Ashworth-Lord, Founder and CIO, Sanford DeLand The Buffettology Fund.
There will be over 600 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions including the popular Mello BASH (Buy, Avoid, Sell or Hold).
Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

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