gretel
16 May 2016
BlackRock continue to buy BlackRock can't get enough ACSO shares - RNS out showing them increasing by another 85,000 or so shares overall since their last RNS two weeks ago:[link]
gretel
10 May 2016
Exciting article about ACSO I've come across a page long article in the 21st April edition of Shares Mag which hasn't been mentioned here before, but has some extremely intriguing snippets, some of which are: - the long-term future for ACSO is the entire ticketing journey. In particular, "immediately apparent is transport logistics" - the article suggests perhaps a deal to be done with Uber, or some airlines in the USA - TB is also eyeing new markets such as sports, as ACSO already does some ticketing through the NHL, and apparently Brazilian football. Secondary theatre ticketing and digitised coupons are also options - with the new 10 year agreement with Six Flags and the 7 year agreement with Merlin, the internal revenue forecasts for 2022 (6 years hence!) are 70% secured already from the top 5 clients alone, covering around 200 theme parks, thanks to the recurring revnues. Total venues number 1,100-1,200 worldwide - the placing was snapped up by the likes of "BlackRock, Standard Life and other institutions"
gretel
05 May 2016
New interview with CEO FYI:Http ://www.proactiveinvestors.co.uk/companies/stocktube/4986/accesso-s-chief-seeing-good-growth-across-all-markets-and-products-4986.html?utm_source=Sign-Up.to&utm_medium=email&utm_campaign=7163-351212-Proactivity+-+04%2F05%2F2016"Accesso's chief seeing "good growth" across all markets and products14:38 04 May 2016 Tom Burnet, chief executive at theme park services provider Accesso Technology Group (LON:ACSO) talks to Proactive Investors about the key contracts the company has won recently, including the large win with Merlin.Burnet says trading has started well in 2016, and that the company is seeing "good growth" across all its markets and products.He says the company will continue to invest heavily on building the best products they can."
gretel
28 Apr 2016
Peel Hunt : Buy with 1280p target Peel Hunt have reiterated their Buy today and have a 1280p target:[link]
gretel
28 Apr 2016
RNS - institutional buying BlackRock are continuing to buy and now have above 11% with a 2.48m holding:[link]
gretel
27 Apr 2016
Record Q1 results for Six Flags Six Flags have this lunchtime just announced a record Q1 quarter - their best ever. Good news for ACSO:[link] "Another Record Quarter at Six Flags as Adjusted EBITDA(1) Improves 39 Percent Revenue Increases 36 Percent Driven by 37 Percent Increase in Attendance" "The company’s international licensing business continues to build momentum, with existing partnerships in Dubai and China and a partnership to build a theme park and water park in Vietnam announced in March."
gretel
13 Apr 2016
Looking like new highs soon Up nicely on good volumes yesterday.It's noticeable that any selling has been easily mopped up, and those institutions who didn't get enough shares in the oversubscribed placing are seemingly happy to top up at above the placing price in the market.
II Editor
05 Apr 2016
NEW ARTICLE: The case for investing in small-caps "What a lot of visitors won't realise when they visit the many leisure attractions across the UK and Europe is that the technology keeping them running is in many cases from the high-growth UK company LSE:ACSO:Accesso (previously Lo-Q).This ..."[link]
gretel
24 Mar 2016
Re: Interview with CEO I look forward to another interview when ACSO is a "multi-billion" pound company as TB suggests!Good to hear that ACSO are now live on the South Bank with the Eye, Tussauds etc.
seadoc
23 Mar 2016
Interview with CEO Paul Scott talking with Tom Burnet:[link]
gretel
17 Mar 2016
New 1100p target price Canaccord have increased their target price to 1100p (from 965p), and say Buy:[link] of upside there and over the next few years with extremely high visibility of income.Beautiful.Alioua, the numbers speak for themselves compared to forecasts as regards beating expectations!
alioua
16 Mar 2016
Re: Results ahead of expectations gretel- where does it say ahead of expectations please
gretel
16 Mar 2016
Results ahead of expectations Terrific numbers, and a really bullish and positive feel to the outlook etc.Results are well ahead of expectations, with 40.96c adjusted EPS compared to Numis' forecast 35.3c - 30% up on last year.Net debt is lower than forecast too - and this and the increased profit are despite large investment costs given the Merlin roll-out etc.IP protection seems to be progressing nicely.There's a really interesting section on the huge repeatable/recurring revenue aspect of ACSO's business: "Broadly, we would expect approximately 85% of our full year revenue stream to be repeatable and transactional in nature, with a further 6% repeatable from ongoing support agreements with the licensed element of our customer base." "the Board estimates that contracted arrangements already in place with our top 5 customers alone will generate 60% to 70% of total group revenues, for each respective year, through to at least 2022. This clearly allows the opportunity to out-perform future revenue expectations by delivering further new business."
BurglarBill
25 Feb 2016
Re: Two pieces of good news today And Merlin's growth plans are significant: "Today we have announced our New Business Development milestone targets for 2020 including 2,000 new rooms, forty new Midway Attractions and four new LEGOLAND parks."
gretel
25 Feb 2016
Two pieces of good news today Firstly, from Merlin's results today ACSO get an unusually high profile and enthusiastic mention...."We also continue to develop new ways of exploiting the synergies which arise from the Group's scale. Over the next few years the biggest focus of this will be on the ways in which we can enhance the customer journey via imaginative use of technology. The central aspect of this will be the accesso® admissions / ticketing system, which started to rollout in 2015 after successful pilots, augmented by on-site downloadable apps and ibeacons to send visitors targeted messages. These new systems are also facilitating the data capture which will enable us to expand our CRM activities considerably in key markets meaning we can communicate with our customers on an ongoing basis."Also a very interesting RNS from Merlin this morning, taking a stake by investing $34.4m in and forming a partnership with the pretty sizeable Big Bus Tours group:[link] Doesn't take much imagination to see ACSO taking over Big Bus's ticketing given these comments: "The significant overlap in geographic footprint and creation of memorable customer experiences enables opportunities to cross-sell and promote tickets for both companies. Together, we will also be able to offer compelling new products, bundles and city passes to further delight our customers.""Big Bus Tours is the leading global owner- operator of Hop On Hop Off city tours, currently operating in Abu Dhabi, Budapest, Chicago, Dubai, Hong Kong, Istanbul, Las Vegas, London, Miami, Muscat, New York, Paris, Philadelphia, Rome, San Francisco, Vienna and Washington DC."
