Revenue guidance massaged downMiddle East projects shift to the rightNet cash balance sheetA warning that full year 2024 revenues will fall significantly short of forecasts sent shares in Accesso Technology (ACSO:AIM) tumbling 25% to 522p on Thursday morning.The queuing and ticketing technology provider now expects sales of around $150 million (£117 million) to $153 million for the year to...

UK stocks sank in late trading on Wednesday as the chancellor's autumn statement failed to spur much buying.Much of the good news on wage hikes and public spending had already been leaked and was already priced in by market, although hospitality shares enjoyed a rally thanks a 50% cut in business rates and money off a pint of beer.At 4.35pm the FTSE 100 index of leading shares had given up 25...

UK shares pulled back from Tuesday's highs at lunchtime on Wednesday as investor attention turned to the autumn statement. Chancellor Sunak faces a tough balancing act of continuing to support the recovery while also keeping something back for the future.Trading in Asia was weak with China's Shanghai Composite index dropping 1% while Japan Nikkei 225 index was down 0.1%. Brent Crude prices...

UK shares pulled back from Tuesday's highs in early trading on Wednesday as investors waited for the UK budget at lunchtime. Chancellor Sunak faces a tough balancing act of continuing to support the recovery while also keeping something back for the future.Trading in Asia was weak with China's Shanghai Composite index dropping 1% while Japan Nikkei 225 index was down 0.1%. Brent Crude prices...

UK stocks opened lower on Tuesday, despite a fall in the local unemployment rate, as Germany imposed stricter Covid-19 lockdown measures in a sign the pandemic is far from over.London's FTSE 100 softened 0.5% to 6,691.8 points early on, while the FTSE 250 fell 0.4% to 21,361.91.The UK unemployment rate fell to 5.0% in November to January, down from the last reading of 5.1% in October to...

Queuing and ticketing technology provider Accesso Technology (ACSO:AIM) has pulled multiple funding levers to bolster its balance sheet as the Covid-19 pandemic looks set to wipe out peak summer trading for its theme park customers.In an after hours announcement on Thursday, and confirmed today, Accesso has raised £32.9m via a placing and subscription at 290p per share. That equates to 41%...

A mixed day for corporate reporting leaves UK markets without firm direction in early trade on Wednesday as investors weigh Government intervention in defence contractor Cobham's (COB) planned £4bn sale with stabilised oil prices.There is also ongoing interest in what the US Federal Reserve may do with interest rates Stateside later today. Market watchers had been anticipating a cut but...

Last year was very much one of two halves for the Standard Life UK Smaller Companies Trust (SLS). Managed by highly-rated stock picker Harry Nimmo, the investment trust aims to put money to work with lower risk, UK-quoted smaller companies, ones operating in growing markets where business momentum is 'positive, predictable and improving'.Last year to 30 June the investment trust endured its...

Truly long-term investors with a 10-year time horizon should see issues such as Brexit as opportunities, according to Matt Cable, manager of the Jupiter UK Smaller Companies Fund (B3LRRF4).Valuations for many UK smaller companies are 'artificially depressed', he says, meaning Brexit clouds do have a silver lining for stock pickers seeking to buy quality companies at attractive prices.Cable...

There's a reason people queue up outside shops at dawn on 26 December, and it's not just to get away from annoying relatives. We all love a bargain, picking up quality merchandise when it is on sale and often we only have a short window to play with.A similar logic can apply to the stock market. Sometimes quality stocks can trade at knockdown prices but typically not for that long. After doing...

China and the US could become more vital for growth for theme park operator Merlin Entertainments (MERL) as it aims to generate approximately 33% of sales each from the Asia Pacific, Europe and the UK, and the US over the long term.Merlin currently generates over 50% of sales from Europe and the UK, compared to 27.5% from North America and 17.6% from Asia Pacific.The company wants to expand...

Trading platform Plus500 (PLUS) lost nearly a third of its value earlier this week after issuing a major profit warning.Several companies in its peer group had already flagged up the impact from tighter regulation, particularly in their marketing to ordinary punters. Yet Plus500 had managed to keep saying that its earnings would beat expectations.That run came to a juddering halt on 12...

Among the high growth stocks which have sold off in the recent roiling of equity markets are online fashion phenomenon ASOS (ASC:AIM), online grocer-turned-platform, Ocado (OCDO), video games services provider Keywords Studios (KWS:AIM), attractions software supplier Accesso Technologies (ACSO:AIM) and mixers marvel Fevertree Drinks (FEVR:AIM).Other high-flying stocks such as Games Workshop...

Since positive half year results in September Accesso Technology's (ACSO:AIM) share price has plunged more than 20%. This is potentially great for new investors because it means you can now buy the same business and growth opportunity for 20%-plus cheaper than you could last month.The obvious question to ponder is whether the sell-off implies something uglier to come? Our own digging suggests...

UK stocks get off to a slow start with the FTSE 100 index virtually flat on Tuesday's close at 7,226 points. Financial and Consumer stocks are the early leaders while exporters come under pressure as the Pound continues to climb against the US Dollar.Ticketing technology firm Accesso (ACSO:AIM) shares rally 3% to £25.75 on news of a partnership with Google which will allow customers to book...

Investing in companies that are in a rising trend can often be a great way to profit from the market. Stocks on a tear often find those strong runs last far longer, and go far higher, than most normal investors might expect.Fund manager and renowned momentum investor Richard Driehaus takes exception to the old stock market adage of buying low and selling high by saying 'far more money is made...

Accesso (ACSO:AIM) £26.40Gain to date: 60%Original entry point: Buy at £16.50, 20 July 2017Shares in attractions software supplier Accesso Technology (ACSO:AIM) have shot more than 12% higher in the past week or so, leaving the stock not far shy of its £27.60 all-time high.Apparently a stock trading technical issue was behind the jump. Without labouring the details, some stock seems to have...

New revenue recognition rules could have a notable negative impact on the tech space, according to investment bank Berenberg.IFRS 15 is a new international financial reporting standard that came into effect at the start of 2018. The regulation sets out how companies should recognise revenue over multi-year contracts, and for many that will mean spreading income evenly across the contract...

Mining companies act as a drag on early deals on London's stock market on Tuesday capping gains for a record-setting FTSE 100. The UK's blue-chip index closed at 7,853.17 on Monday. In early trades on Tuesday the index is limited to single-digit progress, nudging the FTSE 100 to 7,860.62.There's also shock news that energy watchdog Ofgem has opened an investigation into National Grid's (NG.)...

It is fair to say that 2018 is shaping up to be a difficult year for investors. Stocks are volatile, and the market is in very unforgiving mood with even the hint of bad news prompting big falls in company share prices.Already this year funerals provider Dignity (DTY) announced a complete change to its business model which sparked an immediate halving of its share price while technology firms...