Updates

Accesso - Still flying high - gain now 175%

November 2016

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.

Another share with a flyaway price is Accesso, which is up 49% since our recent April update and +175% since our main write up at 537p in March ’13.Latest interims were driven by a combination of great spring weather and high theme park attendance, which led to a profit in H1, a period that is usually lossmaking. As it was, sales were up 23% to US$39.7m and adjusted pretax profit was US$2.3m compared to last year’s US$1.1m loss. Eps was 15.7 cents.These results are reported after increasing capitalized software development spend to US$6.2m (from US$2.8m last year) and the fruits are beginning to emerge with contract wins across all four of its divisions. Keynotes:• Queuing products added two new parks.< ...

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RWS

Softcat - 14.2p special dividend

Accesso (March 2019)

Accesso (May 2017)

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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