Re: Tipped today in Shares Magazine Cheers dynmao1 - do you have the full article? I can only get the intro as follows:[link] looks like a prime takeover targetBest in class technology specialist remains a unique UK investment20 July 2017|Great Ideas Accesso Technology (ACSO:AIM) is a unique growth story on the UK market. We believe it will eventually get taken over at a big premium to the market price. Accesso has developed best-in-class, cloud-based queue-beating solutions and ticketing technology. It helps theme park visitors to avoid standing in endlessly long lines. That leaves them with more time to enjoy the attractions with an ... "
Tipped today in Shares Magazine Accesso looks like a prime takeover target. "We believe it will eventually get taken over at a big premium to the market price".
RNS : BlackRock increase stake BlackRock have bought around another 728,000 shares, or some £12m worth, and increased to 13.62% from 10.33%:[link]
RNS : Standard Life increase their stake 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:[link]
Re: Exciting new acquisition It's a cracking share and I'm excited about what this will/can bring to ACSO. Still stinks how the market walked the SP down 400p from its recent high to land pretty much smack bang on the placing price! Having said that at least pi's that weren't privy to the placing can purchase stock for little premium to the lucky ii's.
Re: Exciting new acquisition New interview with Tom:[link] (1) TE2 are already in new sectors to ACSO like cruises, hospitality - and "fast food", which would be very exciting (2) TB says "everything is good" as regards core business tradingTB 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.
Re: Exciting new acquisition 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.....[link]
Exciting new acquisition Certainly an exciting-looking acquisition of an extremely complementary business - plus marginally earnings-enhancing in the first year post-acquisition and presumably strongly earnings-earnings subsequently.:[link] 1620p placing price to finance it is pretty good based on the current share price - but I suspect the recent drift down is because institutional investors stopped their buying as they knew something was in the offing.There's also a very positive section on current trading:"Current tradingFurther 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."
Acquisition There's been an RNS announcement of a substantial acquisition after the close of trading today.I wonder what this will mean for the share price in the short term but have little doubt that it will prove to be very astute in the ling run - a further step on way to ACSO becoming a global major force in it's chosen sphere of activity.
Hargreave Hale go above 10% Hargreave Hale have increased their holding to above 10% to 2.252m shares:[link] are also pushing their solutions for cultural attractions, museums etc with a new video:[link] missed this similar push for business in the casino sector:[link]
Terrific AGM statement today Very encouraging...- a "strong" start to the year- loads of new contract wins, including a biggie re Xcaret's 7 attractions in Mexico, which are hugely popular (I've been to one of them myself!) and others like CNN and the NFL experience- the global Merlin rollout is going well- the Ingresso acquisition looks goodAnd importantly:"We have also completed our first accesso LoQueuesm installation featuring our accesso Prism technology and expect the system to go-live imminently."I think we all know what this refers to! We should expect a big RNS in the next week or so imo.....
New contract win in the USA [link] Fringe Festival Implements accesso ShoWare Solution Ahead of 2017 FestivalPosted In Press Releases on May 11, 2017ORLANDO, Fla. (May 11, 2017) accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment and cultural markets, is partnering with the popular Orlando Fringe Festival to provide a fully integrated ticketing platform.The Orlando Fringe Festival, which takes place May 16-29 in Orlandos Loch Haven Park, will implement the companys accesso ShoWare solution, a cloud-based Software-as-a-Service (SaaS) for ticket sales and distribution. The ticketing software will allow attendees to purchase tickets for various performances either onsite or online, while enabling festival operators to seamlessly integrate and manage the ticketing process on a single platform. As the longest-running fringe festival in the U.S., the Orlando Fringe Festival has become a marquee event in our community, and we needed a comprehensive ticketing solution to help meet our growing demand, said Alauna Friskics, executive director of Orlando Fringe Festival. Accesso ShoWare should allow us to streamline our ticket purchase process and provide a hassle-free experience for our patrons. Created in 1992, the Orlando Fringe Festival is one of Central Floridas premier cultural events designed to celebrate the theatrical and performing arts. Spanning 13 days and featuring more than 500 performances, the festival provides an opportunity for artists to showcase their work in an accessible and inclusive environment. The Orlando Fringe Festival, which is now the longest-running fringe festival in the U.S., also provides 100 percent of profits from ticket sales back to the artists. With the accesso ShoWare ticketing solution in place, the Orlando Fringe Festival will benefit from a range of features to customize and enhance its ticket sales. Patrons will have the ability to select their tickets directly on the secure festival website, or purchase tickets onsite via accesso ShoWares box office module, which integrates and syncs with online sales in real time. Festival operators will also have access to comprehensive data and reporting on purchase patterns, ticket availability and other user behavior. We are proud to partner with the nations longest-running fringe festival to provide a convenient ticketing solution for their patrons, said Steve Brown, accesso CEO. The Orlando Fringe Festival has experienced tremendous success, and our technology ensures a seamless ticketing experience to support their continued growth.
AGM statement coming soon I notice that ACSO's AGM is coming up on May 23rd - only 2 days before Universal's official opening of their Volcano Bay water park in Orlando (which uses the Tapu Tapu device).Methinks this would be ideal timing for the first formal announcement of ACSO's involvement with Universal.This detailed article concluding that ACSO's Prism is also Tapu Tapu is well worth a read:[link]
New American contract win.... [link] partners Florida Attractions Association to deliver hassle-free ticket privilege programme28th April 2017Leading technology solutions provider, accesso, has announced a new partnership with the Florida Attractions Association (FAA) to streamline its attractionShare programme.The customisable accesso ShoWareSM solution will be implemented to help the FAA improve its ticketing process. The cloud-based Software-as-a-Service for ticket sales and distribution will also provide key data for the association.attractionShare is an exclusive programme that allows its primary-level attractions members to share ticket privileges with employees of other member attractions.The new accesso-powered attractionShare website will provide a seamless experience for administrators. They will be able to view complimentary and discounted tickets from over 80 attractions, including water parks, zoos, museums, aquariums, tours and more. Those selected can then simply be printed out and distributed to employees.We are thrilled to work with our partners at accesso to introduce an all-new ticketing solution for our popular attractionShare programme, confirmed Bill Lupfer, President and CEO of the Florida Attractions Association.attractionShare is designed to offer an added benefit to our members, and the accesso ShoWare solution has helped make the process more convenient, efficient and hassle-free.Additionally, the FAA will benefit from improved data-gathering and reporting functionality. The leading-edge platform will allow the association to effortlessly track attraction participation, ticket availability and other user data. This means it can dispense with the need for manual data collection and entry.accesso is proud to partner with the Florida Attractions Association to provide a seamless ticketing and reporting process for attractionShare, added Steve Brown, accesso CEO.Our partnership illustrates the attraction industrys need for a high-quality ticketing solution, and our accesso ShoWare solution offers the latest technology to meet that need.Over 1,000 attractions and venues worldwide currently benefit from accesso technology including theme parks, water parks, cultural attractions and live performance venues. The companys client roster features many leading names in the leisure industry including Six Flags Entertainment, Cedar Fair Entertainment, Merlin Entertainments, International Speedway Corporation, Palace Entertainment, Compagnie des Alpes and Herschend Family Entertainment."
Re: Six Flags to control another water park Good of you to keep two boards up to date with news, gretel. This is a comfortable, reliable, growth stock to hold, I reckon.