Updates

Accesso

March 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Accesso was a main write up at 537p in March '13 and had sky-rocketed to over 2930p by August ‘18, although the shares have taken a bit of a tumble after the latest update.This said that whilst FY18 results are in line (to be reported on 27 March) it will incur a US$1.7m exceptional charge relating to the due diligence costs of an aborted acquisition. In addition and perhaps more ominously, Accesso has “initiated a review of its investment priorities in the context of the significant future opportunities available to it and the current areas of business momentum.” Chairman Tom Burnet is also moving to a non-exec role in March.Peel Hunt forecasts eps of 70.2 cents for FY18 with 92.4 cents this year. H ...

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GB Group - Buys US based ID verification business

Future - Profits to be 'significantly ahead'

Accesso (May 2017)

Accesso - Still flying high - gain now 175% (November 2016)

Accesso - Strong visibility through to 2022 (April 2016)

Accesso (March 2016)

Accesso - Huge contract win with Merlin Entertainments (September 2015)

Accesso (December 2014)

Accesso (October 2014)

Accesso (April 2014)

Accesso (December 2013)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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