Access Intelligence - Cobent settlement

Tuesday, Sep 27 2011 by

Access Intelligence, the compliance Software as a Service (SaaS) buy and build business led by former Sage Group chairman Michael Jackson, announced an arrangement agreed with the vendors of Cobent.

Following the disappointing performance of Cobent since its acquisition in March 2010, discussions have taken place between Access Intelligence and the principal vendors. As a result of the discussions the principal vendors have agreed to transfer their consideration shares to the company to be held in Treasury. The impact will be to improve diluted EPS by 8.8%.

Trading across the group continues in line with market expectations.

The ACC share price has decreased by 49% over the last year.

Access Intelligence Plc is currently graded b by LCF Research. To learn more, follow the link.


Disclaimer:  

This note was prepared by LCF Research Limited using information provided by the subject company’s management or publically available news sources. No representations are made nor warranties given (express or implied) in relation to accuracy and completeness. This document is not an invitation to invest in the subject company and does not purport to contain all the necessary information that a prospective investor might require. LCF Research Limited recommends prospective investors to conduct their own thorough independent analysis of the subject company and the information contained in this note or referred to above.


Do you like this Post?
Yes
No
0 thumbs up
0 thumbs down
Share this post with friends



Access Intelligence Plc is a United Kingdom-based software and computer services company. The Company is engaged in providing business critical compliance and legislative driven software solutions and services, to both public and private sectors. Its segments include Reputation; Governance, Risk & Compliance, and Head Office. It offers various solutions, such as crisis and incident management, training and competence expertise, reputation management, and cloud and hosting. Its reputation and risk management solutions include Vuelio, AIControlPoint and AITrackRecord. Vuelio operates a portfolio of products and services for public relations and public affairs professionals throughout the United Kingdom and Europe. AIControlPoint is a suite of technologies that help companies in high-risk industries manage incidents and crises and mitigate risk. AITrackRecord is a solution for training, competence and compliance management. more »

LSE Price
5.25p
Change
 
Mkt Cap (£m)
15.0
P/E (fwd)
n/a
Yield (fwd)
n/a



  Is Access Intelligence fundamentally strong or weak? Find out More »


What's your view on this thread? Log In to Comment Now

You can track all @StockoChat comments via Twitter




Stock Picking Tutorial Centre



Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis
Foliobuilder