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Accesso - Huge contract win with Merlin Entertainments

September 2015

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.

  • Epic Code:
  • ACSO
  • Price:
  • 798p
The shares have been strong after Accesso signed an exclusive agreement with Merlin to supply its Passport cloud based ticketing system across Merlin's entire global portfolio of over 100 attractions, which include Legoland, Tussauds and Sea Life.The contract runs for seven years initially and has scope to virtually double the size of the ticketing business. It will take 18 months to fully ramp up the contract so based on this phasing, current year expectations remain unchanged but 2016 is expected to be ahead of market expectations whilst 2017 is going to be materially ahead.The contract allows accesso to internationalise its product suite (e.g. language availability), establish local infrastructure (customer support) fo ...

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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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