Self-styled “premier technology solutions provider to leisure, entertainment and cultural markets”, Accesso (ACSO) has announced results and that it has appointed Numis as nominated adviser and broker. The shares are currently more than 30% lower towards 100p in response…
A “Positive momentum with renewals and new contracts” announcement from Accesso Technology (ACSO) – and the shares in response currently approaching 12% higher, towards 500p…
Previously writing on Accesso Technology (ACSO), last month I stated “the premier technology solutions provider”… trying to fool you or fooling itself? – concluding hopefully my prior warnings - most recently formal sale process “ongoing”… but no queue to pay-up! - have been heeded and currently still avoid / sell. Now “Board Change”…
Shares in self-styled “the premier technology solutions provider to leisure, entertainment, hospitality, attractions and cultural markets”, accesso Technology Group (ASCO) were already down from circa 3000p reached in 2018 and more than 1000p as recently as August to 445p – but are currently down further to around 350p on the back of “End of Formal Sale Process and Trading Update” and “Intended Changes to Board Composition” announcements…
Previously writing on self-styled “the premier technology solutions provider to leisure, entertainment, hospitality, attractions and cultural markets” Accesso Technology (ACSO), last month I noted my prior scepticism remains as the shares fell towards 800p on the back of half-year results. Now an “Update on the formal sale process” – and the shares currently falling towards 650p…
Self-styled “premier technology solutions provider to leisure, entertainment and cultural markets” accesso Technology (ACSO) has announced results for the first half of 2019 emphasising “a solid performance” and “important progress on its long-term strategy to integrate its offerings to uniquely position itself to take advantage of a $3.4bn addressable market, driven by a market shift toward the integrated guest experience and leveraging data to improve business outcomes for customers”. The shares have currently responded towards 800p – er, that’s approaching 12% lower!…
A 1:15pm “Commencement of a formal sale process” announcement from Accesso Technology (ACSO) – and the shares have currently soared by approaching 50%, above 1100p…
Last week, Roger Lawson posted a blog about the AGM of Accesso Technology (ACSO). Within this, he levelled a very thinly veiled criticism of Tom Winnifrith, blaming him for the share’s collapse, implying that his actions were wrong and he should be subject to new regulation. As you might expect if you have any knowledge of these two smart and principled men, this resulted in a mutual online flaming session between Tom and Roger.
Shares in Accesso (ACSO) have more than halved so who is to blame? I warned folks on numerous occasions about aggressive accounting, weak cashflows, lack of timely disclosures and hefty boardroom share sales, notably in a detailed piece HERE. And you might have thought that those were all very good reasons why the shares have tanked. Oh no…step forward loyal shareholder Roger Lawson of Sharesoc reporting back on the AGM which he attended.
“Technology solutions provider to leisure, entertainment and cultural markets”, Accesso (ACSO) has updated including that it “is encouraged by the trading seen at this stage of the year and remains confident in the group's outlook” – and the shares have currently responded more than 3% higher above 800p, though that comparing to circa 3000p as recently as September. Hmmm…
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2018 and thus far in 2019 (by net short position %, those in bold not on the list at the start of 2019) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
‘Queuing, ticketing & distribution and in-venue experience’ technology group Accesso (ACSO) has announced 2018 results emphasising “continued growth with revenue of $118.7m representing an increase of 15.5% on 2017 revenue (proforma for IFRS 15) of $102.8m… adjusted operating profit up 25.5% to $25.1m” and “for 2019 we expect… high single digit overall organic revenue growth, similar to 2018”. Though having already been hit from around 3000p as recently as September, the shares are currently a further approaching 12% lower to 750p. Hmmm…









