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Share Name Share Symbol Market Type Share ISIN Share Description
Seeing Machines LSE:SEE London Ordinary Share AU0000XINAJ0 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 4.375p 4.25p 4.50p 4.375p 4.375p 4.375p 1,448,706 07:46:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 9.3 -5.0 -0.6 - 46.97

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Date Time Title Posts
27/4/201611:54VISION for the future8,295
06/4/201617:08currantsee900
09/1/201620:23Seeing Machines PLC645
28/7/201516:06*****A STAR IS BORN ******313
20/7/201507:41A great company with great potential and unrivalled products12

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Seeing Machines (SEE) Top Chat Posts

DateSubject
02/5/2016
09:20
Seeing Machines Daily Update: Seeing Machines is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker SEE. The last closing price for Seeing Machines was 4.38p.
Seeing Machines has a 4 week average price of 4.53p and a 12 week average price of 4.48p.
The 1 year high share price is 5.75p while the 1 year low share price is currently 3.63p.
There are currently 1,073,583,411 shares in issue and the average daily traded volume is 1,265,401 shares. The market capitalisation of Seeing Machines is £46,969,274.23.
06/4/2016
14:33
wernluck: hi bracke, i would have liked to see price take out the last swing low in the first chart to prove some intent. It did not.. However,i still like the downside(rather than new highs)and as price has now reached the median line and the purple sliding parallel,it seems like a decent place to take profits for longs and start to look for weakness. Which is where that little grey trigger line comes into play(see second chart) A good zoom through this line and then a retest would show in Change In Behaviour (CIB),provide a stop for shorts and give us a C pivot for the next fork down(which would give us a target,initially of the median line of this down PF)
21/3/2016
23:35
rovi70: Vehicle operator monitoring technology developer Seeing Machines (SEE) has secured a follow on order for a second generation driver monitoring system from a major car manufacturer, through its partnership with automotive parts supplier Takata. Automotive is a major focus for the company and a potential spin-off of the North American OEM operations could provide positive news later in the year. Seeing Machines would retain a significant stake with US investors providing additional cash for the business. Getting the right investors will be important with automotive-related expertise crucial to pushing the business forward. In the six months to December 2015, revenues soared from A$4.2m to A$29.3m but that was due to the Caterpillar licence fee of A$21.8m recognised in the period. Caterpillar is selling the technology for off road vehicles. There was a 76% rise in sales and services revenues, although the North American fleet market was tough. Full year revenues are likely to be around A$40m and a small loss is expected even after the licence fee. Cash continues to flow out of the business. Net cash was A$10.2m at the end of 2015 but there will be a further cash outflow for the next couple of years. The share price has fallen in the first quarter of 2016 due to the general weakness of the stock market. Companies with no underlying earnings to hold up the share price can get battered in the short-term. That is why the share price has declined more than the market as a whole. Seeing Machines has always been a long-term story and prospects for the year remain positive. The potential US spin-off could provide further evidence of the underlying value of the technology that Seeing Machines has developed. Additional contract news will help the share price to recover and there is plenty of time for it to move above the recommendation price of 5.13p at the start of the year. Seeing machines (SEE) 5.13p (5p/5.25p) Seeing Machines celebrated its tenth anniversary on AIM in December. Since it floated the driver monitoring technology developer has been promising but it has reached a point when it should start to deliver. Clients in the mining and fleet sectors are increasingly attracted to the potential for the systems, which monitor the alertness of the driver and how they are driving, to improve safety and reduce costs. Recurring revenues are building up. The figures for the year to June 2016 will be boosted by a A$24.1m one-off payment from Caterpillar, which has taken on responsibility for off-road sales. Seeing Machines will now receive royalty payments so future reported revenues from this area will be lower. A profit is likely to be reported but there will be a loss from underlying trading activities as R&D spending remains substantial. Longer-term, there is potential in the rail and aviation markets. Importantly, Seeing Machines has net cash of A$14.2m - more than enough for the next two years. The potential for the technology is enormous and the share price should start to show this. Buy. Andrew Hore is currently editor of AIM Journa
18/3/2016
19:12
seeing2020: Seeing Machines (AIM:SEE), the Australian software company specialising in eye-tracking technology using innovative algorithms, looks set for a significant uplift in its share price with confirmation that it is launching a spin-off in the US dedicated to serving the automotive sector by the end of June. The stated intention is that the company will follow the Mobileye trajectory and eventually IPO in the US, a prospect which is likely to have both institutions and shrewd investors clamouring for shares over the next few months. Despite recently announcing a maiden interim profit, its share price had been held back by concerns that it would need to raise more funds in order to serve demand for its world-leading technology. However, in an exclusive interview with Ken Kroeger, CEO of Seeing Machines, he revealed that the company is set to raise between US$50m to US$100m setting up a spin-off that will focus exclusively on the auto industry and develop a new hardware module. This should produce 3 main benefits: It will take development costs out of the overall business.Enable Seeing Machines to move up the value chain by developing hardware (which will be manufactured by a third party). So, instead of getting $10 a car profit, it will be able to get between $25 to $35.Enable it to work with more Tier 1 suppliers and OEMs. As part of this Seeing Machines has signed a memorandum of understanding with Takata, that officially ends its exclusivity deal with Takata. The new company will be called ‘Fovio’ and is expected to be launched by the end of June this year. Ken Kroeger, CEO of Seeing Machines explained: “It will be a separate, US-based company. It will have about 40 people and take about 35% of the cost out of the parent company. The US company will own 100% of the Australian subsidiary that would house around 40 employees. Seeing Machines, and the current shareholders  will not have to reach into their pockets and write a substantial cheque but will own a substantial portion of that business.” When pressed as to what “substantial portion” meant, he explained that is how he had to refer to it. He added: “That business would be completely set up to start its march towards an IPO on the US board, mirroring Mobileye’s journey. It would have a separate board, separate management and we are in the process of recruiting a CEO in the US.” As to the backers, he revealed: “The investors are at the big end of town (sic), we already have term sheets and they range from automotive OEMs, through the silicon companies into some of the other strategic industrial partners that we want.” The new module is expected to come to market in late 2018, early 2019. Until then, Seeing Machines will be continue working with Takata on delivering its software, as Kroeger explained: “The good thing is that we continue working with Takata. It is a new agreement not a divorce, so in the interim we will keep on delivering with Takata.” Seeing Machines and Takata will be working on another 15 models for the same OEM that it has been working with to deliver a model that will be go into production late this year to be on sale next year. In addition, it is working on another 3-4 requests for quotations expected to happen this year. That OEM is rumoured to be General Motors and the model that will first use Seeing Machines driver monitoring software, as part of it Supercruise feature, is said to be the Cadillac CT6.
18/2/2016
14:13
rjcdc: Long sight, you come across a bit desperate tbh... Too quick attacking the man and not the game. I've said many times I want SEE to meet its potential, which if all comes off, should result in a MC way north of £250m. BUT, all those plans, all those maybes, all those awards, amount to nothing unless they turn into revenue and profit. Apart from the focus on caterpillar, nothing else has yet come off (in a commercial capacity) - and they kinda gave that away. You know that. It's like the company is ready to be a real company, in fact it is nearly set up as such, it just needs a product that people want to buy, in number. Impatience depends on ones timescales. I think 18 months is quite a long time to see some step changes - don't you? And the notion that anything that gets posted on a BB impacts on the share price is ludicrous - and is a classic beginners mistake. I've been there. The company do a good enough job of allowing the share price to fall to the levels you want by not engaging enough with the real world I'm afraid. Flim flam works for a while, but it soon gets overtaken by the need for real news. Tripling of turnover...., seriously, to what? If you look at turnover only then there is an argument that see is way overvalued. Still, good luck... We all want the same outcome I guess. When it's back at 7p we can all hold hands again.
15/2/2016
08:06
longsight: They have tripled turnover in 3 years. They are set to quadruple turnover again in the next 3 years according to finncap. The share price is terrible - but personally I prefer super cheap shares. imo the business is doing very well. Fortunately, I can wait for the share price to reflect this.
05/2/2016
18:46
seeing2020: This bulletin board is very negative I think some of the good postings get lost amongst the moaning that the Directors aren't ramping the share price for a quick gain for shareholders. II's continue to buy and hold. The company said in November they would issue quarterly fleet updates, i think we will get one next week. I invested in this company about 2 years ago, since then I have researched a lot and significantly increased my holding. The reasons I invest and hold is 1)strong management, I like Ken and James(CFO) they aren't your usual aim directors (out to make a quick buck) they have a clear strategy to grow the business. 2) the product, it's nice to invest in a company that is looking to improve road safety 3) 6 target markets, they named their 6 target markets and imo are making progress on all of these. 4) over achieving, the CAT deal was 2 years ahead of schedule 5)world class partners, CAT, Samsung, Takata, Boeing etc 6) surprises, I don't know about anyone else but I wasn't expecting the SEE / Samsung HUD (heads up display) have a look at the previous posting on this, it's the future. So personally I don't care what the share price is in 12 months, if it's still at this level I will continue to add.
01/2/2016
10:14
longsight: new product, new market - it takes time. If you think the Co has achieved nothing in the last 18 months then I think you are confusing the share price with the business. Meanwhile all the other new tech cos have typically seen their share prices destroyed in the last 18 months. As somebody said recently: this is the best performing share in their portfolio! SEE has cash & phenomenal prospects - something that PIs understandably have zero interest in - all they want is the share price to go up [understandable] Not everyone has the same time span. me, I'm OK about the story & the speed at which it is happening.
27/4/2015
12:03
heyho2: http://www.directorstalkinterviews.com/seeing-machines-limited-104-1-potential-upside-indicated-by-finncap/412662219Seeing Machines Limited with EPIC LON:SEE had its stock rating noted as 'Reiterates' with the recommendation being set at 'CORPORATE' today by analysts at finnCap. Seeing Machines Limited are listed in the Technology sector within AIM. finnCap have set their target price at 12 GBX on its stock. This indicates the analyst believes there is a potential upside of 104.1% from today's opening price of 5.88 GBX. Seeing Machines Limited LON:SEE has a 50 day moving average of 5.61 GBX and a 200 day moving average of 5.91 GBX. The 52 week high for the share price is currently at 8.35 GBX while the year low stock price is currently 4.05. Seeing Machines Limited LON:SEE is an Australia-based technology company. The Company's principal activities include development and sale of the Driver Safety System (DSS ) to detect and manage driver fatigue and distraction, including continued market development to secure sustainable channels to market for the product; rebranding the faceAPITM and faceLAB research platform as FovioTM, Seeing Machines' computer vision platform; development of commercial opportunities for applications developed using FovioTM ,and research and development of the company's core vision processing technologies to support the development .The Company operates in two geographical segments: Australia and the United States.
03/3/2015
18:52
adamb1978: Decided to sell over the last couple days for a combination of a few reasons which in my view has changed the outlook. I re-read the interims three times and the more I read it the more negatively I viewed them. Reasons for selling as follows: 1) presentation of turnover as per the headlines was absolutely crooked. To include R&D tax credits and FX gains in what you are calling your headline revenue is shocking 2) If you strip these out, turnover increased 4% however H1 last year was unusually low due to the lack of working cap financing (remember that sales were deferred from Dec 13 to Jan 14). So this year they've beaten a poor comparable figure by just 4%?!?!?!? 3) outlook comment: "expect sales revenue for the full financial year to be weighted towards the second half...with full year sales revenue higher than last year. To achieve this we will need to see a continued increase in mining sales and a significant contribution towards the end of the half year from sales of our new DSSFleetTM product." So to achieve a higher turnover figure they need sales to the mining industry to increase but they then say that conditions are challening in that industry AND they need a material contribution from a product which is only being launched in late April 2015 and, was with all product launches, could be delayed (even a 1 week delay would be a problem for them). That tells me that, at best, turnover for the year might be up by say 5%, realistically it will be lower than last year 4) Unlike all previous results, there was no mention in the interims of backlog or systems sales or installed base. What does that tell you? 5) They'll need another equity raising late this year but will be doing it on the back of poor results. Say they do it at 4p per share - A$20m raising at 4p means they need to issue >25% of the current shares outstanding. Depending on sales performance, this might well not be the last either and, if the full year results are poor, you could easily see the share price being say 4p at the time and the equity raising being done at 2.5p - 3p 6) As mentioned above, the inventory issue is worse than it seems as its not even inventory - its work in progress. 7) gross margins are declining - 46% in H1 from 60% last year, though the commentary suggests some of this is a one-off reduction. However use of distributors naturally leads to lower gross margins (think supermarkets - the ultimate distribution companies). This is made even more of an issue by opex rapidly increasing As a result of the above, I think the odds are now stacked to the downside. I think it somehow needs to get to A$60m turnover before you can have confidence that this will show a profit, and thats probably 4-8 years away. (cashflow breakeven is even further away given the increasing spend on intangibles). The increasing share count means that if turnover for the next four years increases by say 30%-40% per years then by 2019 you might have a company making 0.1p-0.2p per share, so trading on a 25x-50x PE at today's prices - thats then only cheap if it continues to grow the top line at those similar rates for a few years beyond. THis has parallels with CLean Air Power (CAP) a company which seemed to be destined for great things with big name customers and a product which seemed to be well positioned for the future. SEE is in fact in a harder position than CAP as there are so many competitors out there doing the same thing as SEE and its very difficult to assess why SEE should be the winnder rather than the others. All the best for those who continue to hold but the interims for me were the turning point. To me the downside looks like being up to 100% and I cant see that the upside a multi-bagger. Best bet in my view is that they end up as a niche supplier to the mining industry, have to cut back opex massively and get acquired by someone, but that would be at a lower value than the current £50m market cap. Adam
01/2/2014
20:21
rocket fuel: here is the full text of both links you posted above from july/august 2011. httP://www.thisismoney.co.uk/money/markets/article-2026202/SMALL-CAPS-FOCUS-Seeing-Machines-leads-way-face-tracking-technology.html Seeing Machines leads the way for face-tracking technology By Ian Lyall UPDATED: 10:11, 16 August 2011 It is fitting that Ken Kroeger's tenure as chief executive at Seeing Machines began on the fourth of July as there were fireworks quickly after his arrival. When he took over the share price was bumping around 1.86p. Yet within days it had rocketed to 4.23p and, and remains above 3p today. The blue touch-paper was lit under the stock by a technology paradigm shift – the launch by Toshiba of their first glasses-free 3D laptop, which could pave the way for similar innovations in television. (Tracking your face: Seeing Machines is said to have created a technology that would make it possible to create the world's first dynamic glasses-free 3D TVs) The excitement for followers of Seeing Machines is that the Toshiba Qosmio F750 incorporates the company's faceAPI technology, which allows the computer's camera to track the face and eye movements of the user. This is important as today's high-tech screens trick the brain into thinking it is viewing pictures in three dimensions. The current success with Toshiba is based on a chip produced by a Chinese 3D technology company called SuperD. The opportunities for this technology are massive. Kroeger says the company has developed multiple face tracking that would make it possible to create the world's first dynamic glasses-free 3D TVs. This is quite a game-changer because the current technology doesn't really apply to TV as we often don't watch TV by ourselves. However the real fireworks will come if it can shoe-horn its IP into the chips used in smart-phones - something Seeing Machines is actively pursuing. 'This faceAPI thing is kinda crazy,' Kroeger says. 'Right now the Toshiba deal is significant for us. It runs on an Intel processor. 'But if we had the money and a bit of engineer time, we could migrate this to less powerful processors. 'So in 12-18 months it is realistic to believe we could have this on smart handheld device – iPad, iPhone ... you name it. 'Anything that has a camera can be 3D and driven by this little piece of technology. I think the platform has got some legs.' The Seeing Machines algorithms have also been successfully deployed in another device, called the Driver State Sensor, which detects whether drivers are literally falling asleep on the job. The DSS is attracting a great deal of interest from the world's largest miners which operate fleets of giant earth movers. Driver fatigue is a problem yet safety is of paramount importance, so the DSS has a ready market. This cab-based box and warning system has, to use a pun, been the driving force behind Seeing Machines and its push towards profitability. However, the 'lumpy sales profile' of the DSS business means that just one delayed order can have a material impact on Seeing Machines finances – as June's profit warning illustrated in glorious Technicolor. Continued success for the company means it may require further cash to fund its ambitious plans. And would-be investors need to bear this in mind. What Kroeger must do now is consolidate on the work of the predecessor Nick Cerneaz and provide the company with some real focus. Dealing with the likes of Toshiba, or if it ever happened, perhaps even Apple or Intel, will require commercial acumen as much as the technical brilliance the company has displayed. So there are what the professionals call execution risks associated with Seeing Machines – meaning it might not fully capitalise on the huge opportunities it has created. You sense the sheer enormity of the challenge is starting to sink in. 'It is very hard to measure the market, because the market doesn't exist yet,' Kroeger tells me. 'There are so many uses for this technology that we haven't even thought about yet. 'We are talking to all the big players in the handheld device space. There are some technical challenges there moving it to low output devices, but be if we can get there it will be big. 'If you can move it into an area where you are selling tens or twenty million devices – even at a fraction of dollar a time you are still talking a lot of money.' Seeing Machines at a Glance AIM symbol: SEE Market value: £13.3 million Latest price: 3.25 pence Year-high: 5.35 pence Year-low: 1.38 pence httP://www.proactiveinvestors.com/companies/news/16383/seeing-machines-says-toshiba-launches-first-laptop-with-faceapi-technlogy-16383.html Seeing Machines says Toshiba launches first laptop with faceAPI technlogy 18th Jul 2011, 9:50 am by Andre Lamberti Seeing Machines Ltd (LON:SEE) said Toshiba has launched a laptop incorporating its faceAPI technology and will receive a royalty for each unit sold. The company develops face, eye and facial feature tracking systems for the consumer electronics, scientific and driver safety markets. Toshiba's new Qosmio F750 is the world's first 3D laptop that requires no special glasses for watching movies or playing games in 3D. Seeing Machines said its faceAPI is a key technological component underpinning the glasses-free 3D capability, allowing the laptop's built-in webcam to track the viewer's eye position. Initial reviewers write that the tracking is accurate and quick to respond, and Engadget bloggers wrote that videos they watched on the F750 "were pretty mouth-watering", according to the company. The latest development is a result of Seeing Machines' cooperation with SuperD, a Chinese group developing 3D display technology. In March 2011, Seeing Machines signed a production licence with SuperD for faceAPI, its suite of image-processing modules created specifically for tracking and understanding faces and facial features. "The faceAPI/SuperD solution is being looked at closely by global players in the portable and tablet device market who are interested in this glasses-free liberating capability," the company said in today's ststement, adding: "We believe this launch is the first of many and will provide strong impetus for growth of the faceAPI business particularly in the consumer electronics market." The announcement in March was a reminder that the Seeing Machines business is not just about the DSS driver monitoring equipment that is increasingly rolled out to the mining industry. It had been working together with Shenzen-based SuperD for approximately 12 months during the development of SuperD's new glasses-free 3D display solutions which include Seeing Machines' faceAPI. It had forecast that the first consumer products were expected to be available in mid 2011. The production license agreement sees Seeing Machines receive a royalty for every laptop computer, computer monitor or all-in-one-PC product that contains the SuperD glasses-free 3D display solution incorporating faceAPI. Chief executive Nick Cerneaz said today: "We are very excited to be working with SuperD at the birth of this new imaging modality, and we look forward to further enhancing and enabling faceAPI's 3D visualisation capabilities as we continue to develop the product itself and its markets. This agreement springboards the faceAPI business into consumer-scale license volumes, and underlines the capabilities of the technology to leverage significant licensing revenue into the future," he added

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