More than half the rooms on my trading retreat have been claimed:

More information and claim your room here

The Iran war is back.

And Trump insists the Strait is open, whilst Iran says it’s closed.

After five rounds of strikes in the past week, Trump is struggling to end the violence, and the ceasefire appears to be in tatters.

Whilst it’s clear Iran is no match for the full might of the American military, Iran is playing a different game.

They know Trump won on ‘no foreign wars’.

So Trump either:

It could go either way. But I wouldn’t be surprised if this escalated.

Be prepared either way.

Unlike other market commentators, I do not accept payments to talk positively about stocks. The below is purely my own opinion, which can also be wrong. It is not financial advice, please do your own research. I always disclose if I hold a position.

Accesso sells the plumbing that lets attractions take your money.

Buy a theme-park ticket online, pay to skip a queue, tap a card at a resort kiosk and there's a fair chance accesso’s software is underneath.

It runs in three parts: Ticketing and Distributio, Guest Experience, and Professional Services (bespoke build work for big clients).

It's UK-listed but reports in US dollars. Geographically, the company derives its key revenue from the USA, followed by the UK, Canada, Australia, Mexico, the UAE, Spain, France, and other markets.

So this is a reasonably embedded business that has been in a steady stage 4 decline - until recently.

The business announced a tender offer on 11 February at 300p - 15.4% higher than the share price at the time.

I’m not a huge fan of tender offers, as ideally you want to be buying back shares at the market price or below NAV if you’re a fund (ACSO is not a fund).

However, it was a sizable amount as £14.5 million was returned to shareholders.

I can’t find a reason for the rally in early June, but since then the stock has held tight and the moving averages are firming up.

It’s worth pointing out that there is a lot to dislike about this share. Guest Experience revenues has fallen double digits in both core territorities, and virtual-queuing customer concentration keeps biting. A big renewal on worse terms and one lost from 31 January 2026.

Whilst the overall revenue is repeated, it is not growing.

Post-tax profit is set to fall slightly to $14.6 million from $14.7 million.

The shares are cheap.. but there’s a reason they’re cheap. There’s a new CEO who has inherited the mess.

I’ll be looking for the next card to be played in the RNS.

The next stock has been a multi-year turnaround which finally seems to moving in the right direction.