gretel
23 Feb 2017
Six Flags results beat forecasts Six Flags yesterday reported their 2016 year end figures - and they've beaten forecasts according to this:[link] importantly, prospects for 2017 look good:“With strong attendance momentum and a 15 percent increase in our Active Pass Base, we are very well-positioned for the 2017 season. We remain confident in our ability to deliver our goal of $600 million of Modified EBITDA in 2017 and continue to work toward our long-term aspirational goal of $750 million of Modified EBITDA by 2020.”
gretel
21 Feb 2017
Good news just out from Six Flags Six Flags to build two new parks in China:[link] Agreements Signed to Build Six Flags-Branded Parks at a Second Site in ChinaBusiness WireFebruary 21, 2017Six Flags Entertainment Corporation (SIX), the world’s largest regional theme park company, and Riverside Investment Group Co. Ltd., a leader in cultural tourism and Six Flags partner, today announced the signing of definitive agreements to build more Six Flags-branded parks. The latest parks will be located in Bishan, a district of Chongqing, and are expected to open in 2020.“The development of two additional Six Flags-branded parks—a theme park and water park—in Bishan, speaks to our commitment to create memorable experiences for families world-wide,” said John Odum, President of Six Flags International Development Company. “We are excited to build on this vision in partnership with Riverside Investment Group.”“Six Flags is the world leader in thrilling entertainment for families and teens,” said Tang Jun, Riverside CEO. “We look forward to bringing the best and most innovative roller coasters, rides and attractions to visitors throughout China.”The first Six Flags-branded theme park and water park in China are anticipated to open in 2019 and will be located in Haiyan, Zhejiang province, near Shanghai. The parks will feature record-breaking roller coasters, live shows, thrilling water attractions and more. For additional information about the Zhejiang parks, visit www.sixflags.com/haiyan."
piw
17 Feb 2017
Video: ACSO presentation at ShareSoc Tom Burnet, CEO, presenting at ShareSoc Richmond 7.2.17www.piworld.co.uk/company-videos-2017/2017/2/16/accesso-asco-at-sharesoc-richmond-7th-february-2017Length: 35 mins An overview of the company, covering the business model, where 95% of revenue comes from commission from transactions. On signing up a client, there is a visible, repetitive revenue stream for the length of the contract. Additionally, it is disruptive for a customer not to renew their contract. IP is key, and ASCO spend more on IP than their competitors, because they're bigger than their competitors. This is back by their "relentless commitment to service." Their growth strategy is through acquisition and organic growth. Tom discusses the last three acquisitions: Accesso (2012), Siriusware (2013), ShoWare (2014); and what these add to the ASCO offering. ASCO will do more acquisitions, going forward. The growth record over the last 7 years has been impressive, and Tom believes there's further growth to be achieved. He has a personal target of $1bn turnover. He outlines where growth might come from. Introduction – 00:20 Company overview – 3
0 History & growth Lo Q – 6:32 History & growth Accesso acquisition – 120 History & growth Siriusware acquisition – 12:35 History & growth ShoWare acquisition – 14:40 Accesso today – 16:53 Locations – 19:55 Revenue history & growth – 20:59 Leadership team – 21:42 Solutions overview (products) - 226 R&D - 26:52 Passport - 27:43 LoQueue – 28:35 Siriusware - 30:20 ShoWare - 30:56 What separates Accesso? - 31:32 Strong foundations for the future - 33:44 Financial summary - 34:57
gretel
09 Feb 2017
Further Six Flags expansion The Saudi sovereign wealth fund is looking at taking a stake in Six Flags, and in particular:"Six Flags has $1.3 billion in revenue and 18 parks across the U.S., Mexico and Canada, according to its website. It’s looking at potential park locations in Saudi Arabia including Riyadh, Jeddah and Red Sea resort, Chairman James Reid-Anderson said in November."[link]
gretel
08 Feb 2017
New interview with TB I attended a Sharesoc presentation by ACSO last night.As usual TB was extremely impressive, and the stress on the high customer retention, security of revenues going forward 5 years, lead over competitors was encouraging.TB confirmed to me re Prism that ACSO would be looking for a chunk of revenues from all sources, i.e food as well as ticketing etc, and obviously this would apply to EVERYONE visiting the park as opposed to the old QBot revenue model.FYI there's a new 7 minute interview with TB here. Interesting that he again highlights the cruise industry as being a specific target for ACSO, whereas other "guest resort" sectors he's more reticent about. I wonder whether we might get news about this sooner rather than later?He also notes the "strong sales order pipeline" across all divisions and good start to 2017:[link]
sixoclockticket
06 Feb 2017
Re: New varticle in Shares Magazine Hi Seadoc,Like you I bought into LOQ many years back. I bought in at 100p in the very early days, and another slug at 45p and then sold out as they went to 120p happy to get my money back at that point after a long decline. If only I'd had the courage to hold.I bought back in late last year. I've always liked the story, but thought they might hit a ceiling. Now I think there is much renewed promise on a very well embedded and established client base.I liked the tone of the RNS this morning. Bit of coverage should see them move up. If the sentiment plays out I'll look to add./6
gretel
06 Feb 2017
RNS : PBT ahead of expectations.... Perfect )) And 2017 has had a terrific start too...."Trading UpdateBoard expects an in-line revenue performance with profit likely to be ahead of expectations for 2016accesso also reports a strong start to 2017The Board of accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment and cultural markets, is pleased to announce that it expects Group revenues to be in line with expectations for the year ended 31 December 2016, and expects to be ahead of expectations with respect to profitability. This strong performance has been achieved despite significant and accelerated investment in product and infrastructure to support business and growth opportunities in geographies outside its traditional core markets, together with further investment in the recently launched accesso Prism wearable device. The Board is also pleased to report a strong start to 2017 where all accesso business lines are reporting good momentum. accesso will announce its full year results on 21 March 2017. The Group will also hold a Capital Markets Event on the same day. "
seadoc
29 Jan 2017
Re: New varticle in Shares Magazine sixoclock,Have you bought in? Most mine were bought at 60p in 2009 as LoQ, but outside an ISA.. My biggest problem is CGT, sp goes up faster than I can sell, a problem I could wish on all. But I could have bought under 4p in 2005,so is that a x400 share? Bit like, say, Microsoft? Would spread on Microsoft have put you off 14 years ago at peak of dot.com hype?Just asking,SeadocPS Sold as sell and ISA, so I am still "buying" but avoiding the spread. As of 27/1/2017 I see that I have an annualised return of 85.7% on the original purchase.
sixoclockticket
16 Jan 2017
Re: New varticle in Shares Magazine The Shares magazine article is reproduced on the Accesso website[link] do like this company - but the spread is so huge!
gretel
13 Jan 2017
New varticle in Shares Magazine Intriguing start to an article in this week's Shares Magazine - anyone got full access:[link] ramp hints at Accesso opportunityTheme parks technology firm may have major new agreement in pipeline 12 January 2017An R&D ramp-up may be the precursor to a new major contract win for Accesso Technology (ACSO:AIM). The company specialises in attractions and theme park ticketing, queuing and payments technology. It is committed to scaling up as part of its 100-odd site worldwide roll out with attractions operator Merlin Entertainments (MERL) following a landmark seven-year agreement in July 2015. Accesso ..."
gretel
09 Jan 2017
Cruise ships and ski resorts next? Tom Burnet (the CEO) mentions cruise liners and ski resorts here as potential users of ACSO's new Prism device here:[link] it's intriguing to see that the cruise line Carnival are introducing a new Ocean Medallion device this year which is of a very similar ilk to Prism:[link] device doesn't use ACSO technology imo - it's apparently the "brainchild" of a former VP at Disney who now works for Carnival. He "was one of the chief architects of Disney's MagicBand bracelet".The point is obviously that with Carnival unveiling and debuting the device this year, all the other cruise ship companies will need to show they're doing the same. ACSO will surely be in the frame for such a device, and having already stated these as likely new markets we can presumably be sure that ACSO are targeting them right now.
gretel
30 Dec 2016
Another fund manager buying ACSO [link] Hermon, manager of IC Top 100 Fund Henderson Smaller Companies Investment Trust (HSL)....has also been adding stocks he thinks have undervalued structural growth potential, such as....Accesso Technology, which provides technology to the theme park industry".
gretel
28 Dec 2016
Patents/articles re new Universal bracelet I came across a couple of new-ish articles referencing interesting uses for Universal's new TapuTapu bracelets, which as posted previously appear to be the new ACSO bracelet.Firstly, this re new patents filed by Universal, including this:[link] mat racer: A mat for use in water rides that can be equipped with lights, a screen and audio to enhance the overall experience. Lights could be used to illuminate the riders' path or light up the water beneath them to help set the environment they are in. In addition, the light could be a black light that activates when a guest is in a darker part of the ride to illuminate hidden features on walls. Also, the mats could come with display and audio elements that could "show images of other riders in the ride experiencing a thrilling section further along in the ride while a speaker may play captured audio from those riders to build anticipation," said the patent. The patent also states the ride could play music or have a light theme (like holiday colors) the rider chooses before the ride and have their choices saved to a "park identification bracelet" — say like Volcano Bay's TapuTapu bracelets — and the ride will be able to read the guests' bracelets and configure the ride to their choices. The ride then can sync the musical choice so the lights and ride features follow the tempo of the music" And this sounds amazing re the use of drones linking with the bracelet![link] "In a twist that is a little unexpected, the patent also describes the use of drones in conjunction with wearable technology–a term we have heard to describe the TapuTapu bands for Universal Orlando Resort’s Volcano Bay. The idea is to enhance the guest experience on an individual level rather than an overall group experience, and the thought is rather intriguing since it could be used for live-action experiences, in-park games and simple guest service. Written in more detail, the patent describes: The guest [may target] the companion or an individual guest may target themselves. For example, a guest may wish to receive a cooling mist spray or a bubble effect. providing an input to the handheld device or via the guest-wearable device, the special effects [drone] is instructed to move toward the guest.It’s no surprise that Universal would look to see how this type of technology could be used with the most popular franchise in its parks–Harry Potter. Some particular wording of the patent would imply that drones are being looked at to trigger special effects for wand duels or spell instruction.The rides themselves also received attention in the patent: In one embodiment, as a guest approaches the vicinity of the special effects vehicle, e.g., as determined via signals from the wearable device, a special effect is triggered, such as a flame effect. Multiple special effects vehicles may be programmed to execute random or pre-determined flight plans about the location of the ride to enhance the guest immersion"
gretel
22 Dec 2016
Cantor initiate coverage today, say Buy Cantor Fitzgerald initiate coverage today with a Buy recommendationand a 1750p target.....[link]
gretel
20 Dec 2016
Six Flags opening new parks in China News - a new Six Flags-branded theme park AND water park are opening in China in 2019:[link] more lovely recurring income likely for ACSO.
