Seeing Machines Share Discussion Threads

[longsight] 12/9/2017 12:57

footnote on p6 is of relevance etc.

"1 Effective driver monitoring will also be a prerequisite for automated driving, to make sure that, where needed, control can be handed back to a driver who is fit and able to drive the vehicle. This item will be taken on board under the HMI requirements for Automated Driving."

Also NB: Total contract value signed but not yet billed [now] exceeds $40m. p20 of the Accounts

[amt] 12/9/2017 07:39

Ten years out could be a hundred bagger but that depends on not hsving to raise further cash

[poombear] 11/9/2017 12:17

Anyone got a rough view on how much a per unit monthly revenue would be for the fleet guardian system (with SaaS) would be?
I guess it would vary depending on length of contract, and if it was a direct sale or tie up with for example the MiX telematics joint offering?

[poombear] 11/9/2017 11:44

Great that's what I was looking for thank you.

[unionhall] 11/9/2017 11:42

The forecast to which they refer in the "Final Results" is here.....

[unionhall] 11/9/2017 11:36

Cheers,

All their announcements are here ...(from their website)

[poombear] 11/9/2017 10:02

Btw.
If you change https to htTps in your url they will work correctly as a link, and not be replaced with hxxps.

[poombear] 11/9/2017 09:57

Unionhall, do you have a link to the previous one to that, I want to compare the assessments between the two periods? Thanks.

[unionhall] 11/9/2017 09:32

poombear - this is the one from end july

hxxps://www.seeingmachines.com/wp-content/uploads/2017/07/SM-Fleet-QtrUpdate-June2017-FINAL-2.pdf

[unionhall] 11/9/2017 09:32

poombear - this is the one from end july

hxxps://www.seeingmachines.com/wp-content/uploads/2017/07/SM-Fleet-QtrUpdate-June2017-FINAL-2.pdf

[juju44] 11/9/2017 09:02

never never land here . trend for years is down and it continues

[poombear] 11/9/2017 08:57

Do they still produce Fleet quarterly updates, I can't find them on their website?

[alessxito] 11/9/2017 08:07

Great forecast, we have to expect at least 500m market cap in th near future here, if this is going to be met! Revenue is expected to grow in-line with market expectations for FY18, driven by strong momentum in Fleet, a growing Automotive and Off-Road contribution and first meaningful revenues from Aviation and Rail segments. Whilst there remain uncertainties around the timing ramp of any new markets including some of those the company is supplying, the Company targets growing annual revenue to the sub A$100 million region by the end of FY19.-- The Company expects to deliver gross profit margins in the low to mid thirty percent range for FY18, with additional gross margin expansion of +5% to +10% per year for the next several years as the Company's business scales - to a long term gross margin model of 60% to 70%+ which is consistent with SaaS and high-performance processor/IP business modes.

[poombear] 11/9/2017 08:03

There has been a big increase in R&D and marketing costs over the last year, which accounts for most of the loss. If the growth of the last 6 months continues, this will be fully justified. You also have to recognise that without the one off license sale to Cat last year the loss would have been in the same ballpark.

The focus now is in the ramp in sales of fleet and wins in Automotive. If they say they expect to meet market expectations for FY18, that's massive growth based on the Fincap projections.

[mrx001] 11/9/2017 07:56

I agree that the 2 key things are the loss and the need for funding. It is good to see that they have plans in place to deal with this but at what price to existing share holders?

[kreature] 11/9/2017 07:55

certainly an impressive loss. I agree about the re-rate - GL

[alchemy] 11/9/2017 07:27

They're leaping the gap.

[kreature] 11/9/2017 07:27

I suppose the elephant in room would be the loss

[onetomany] 11/9/2017 07:15

Really like the sound of the strategic partners and investment. I think we are about to go stratospheric. This truly is a unique opportunity to make a serious amount of money over the next couple of years. ASC type potential when you see those numbers.

[techno20] 09/9/2017 17:41

Finals being released. Early, with virtually no notice. Should be interesting.

[ali47fish] 09/9/2017 17:36

is there an update on monday?

[poombear] 08/9/2017 16:23

Thanks, I think that in the near term Fleet has started to gain serious traction and will as rollout matures into a SaS model deliver up to 70% margins.

Don't particularly like previous dilution or the amount of shares in issue, and can see A$30m additional investment will be required over the next 2 years (that's including the $20m they have in cash).

But with the amount of new recent contracts being announced across their business units, this looks pretty good.

Also to add as a new investor I don't mind HH selling off at the moment gives an opportunity to get in cheaply.

[alchemy] 08/9/2017 14:14

Good luck my man ...think it might be a "burster".