Oops sorry.
Though a lot of the article posted is still relevant it is old.
This the one I meant to post.
It mentions flying taxis and so on.
By combining sensor technologies with AI, machines are gaining a better understanding of the world around them, enabling mobility and manipulation of objects. Sensing technologies are a core component of the Internet of Things and the vast amounts of data collected. Utilising intelligence enables the ability to gain many types of insights that can be applied to many scenarios.
For example, over the next decade AR cloud will create a 3D map of the world, enabling new interaction models and in turn new business models that will monetise physical space.
Enterprises that are seeking leverage sensing and mobility capabilities should consider the following technologies: 3D-sensing cameras, AR cloud, light-cargo delivery drones, flying autonomous vehicles and autonomous driving Levels 4 and 5. |
Interest in SEE resulting from IIHS. GM using SEE and were rated adequate. |
Some interest today |
Lonesight I agree some people do not research even with 25,000 posts very poor. As I always say research the company first, Magna/ Collins partnership with funding, etc. Following charts is like following the crowd can lead to nowhere. |
bones698 - if you read SEE's Accounts you might not sprout so much tripe.
I guess facts are no longer considered - just jive |
Mkt cap is scary at 210m given the cash position and cash burn. Most likely will. Be another fund raise later this year which might see this down to around 3p before any recovery will start. Having such high expectations built into the share price and mkt cap means any slight negative will see the share price crash and whilst they are trying to be bullish in updates there are cracks in the numbers starting to appear.. If I was thinking of investing here i would wait to buy as it looks to be heading lower. Charts doesn't look great and that cash position is beginning to look rather low |
Just looked at the BB on LSE re Seeing M. Many seem to obsessed with Smart Eye new design wins. Design wins are very early stage product engagements with Tier 1/ OEM's and most lead to nothing, delayed or superseded. The only time a new design win has value is when a contract is signed and a value given to it. I may be wrong but I can't find a single RFQ win for Smart Eye since BMW. All its revenue appears to be coming from non-reoccurring design projects, which don't appear to materialise into contracts. It all seems to be puff and big talk and that's maybe why its got through 3 CFO's in 18 mths. Personally I think Magna's rear view mirror has many delaying contract awards, but want confirmation it works. Seeing M won't get it all their own way , as OEM's always dual source - too much risk put all your eggs in one basket. |
Crosswires You should stick with IQE which you know about. This is not going to fall by 75% |
I'm sure once the management come out of a closed period on 18 March, they will scoop up weak holders. I see Smart Eye goes on about design wins, which are basically non-reoccurring revenue at zero margin and the by magic can predict future revenues. The only really reliable way to forecast revenues is from awarded RFQ's of which SEE has half awarded. I feel investors frustration, but this is going to be big and has only just started. |
The market cap here looks far too high for a company with 57m$ revenue and continuing losses. I would advise caution because unless rapid growth and profit comes soon the Mc could easily drip by 75% |
 The most ardent of bulls would accept that our recent share price performance has been poor.
Smarteye, our apparently only serious rival in this space ,our currently valued at 30%+ higher than ourselves, despite substantially lower revenue & despite our having 3 viable verticles against their 1 & a bit.The lure of $2bill outstanding RFQs & lack of delivery hasnt helped but OEMs across all vehicles have to have made decisions very soon regarding their DMS providers.See have invested substantial amounts in the development of Fleet G3 & Paul now needs to deliver on substantial contracts to justify the time & expenditure.although the hard launch was earlier this month & we will be hoping for material contract news very soon.
Results on 18/3 give Paul & Martin the opportunity to reiterate cash flow break even remaining on target & provide some context in respect of our position in the market.
In the absence of contract news & ahead of 18/3 our share price may well remain lacklustre but no reason for it to fall off a cliff & positive news from various prospective sources should have the opposite affect. |
207m mkt cap with under 30m in the bank and loss making. That valuation looks high for a company making slow progress on increasing turnover. A lot of goodwill in the share price already and until they close the gap on breaking even looks overvalued. Keeping an eye on things but the chart looks nasty too so possibility of getting inncheaper if you wait and if you think it will teocve rat some point. Not convinced of that yet with that mkt cap.
Right on support level but if that goes this could drop fast |
Magna sees value here, so do the management and principle shareholders. As they are far closer to the game than any of us, their faith in hard cash give me a lot more comfort than what I read here. If your bored sell. |
Exactly. Zero market credibility. The pish McGlone has spouted has created a scenario where serious investors won’t go near this. 50k plus fleet contracts where we were the sole bidders. Aircraft simulator deals in the 100s. Billion dollar auto rfq’s due 18-2 years ago. Proactive investor videos watched by the same 100 fanatics on the telegram cult thread. Appallingly pr and investor comms . The only thing that’s kept me here is the huge Lombard holding and Martin ive’s decent sized purchases. Even with that it’s hard to see 10p plus. I’d take 11p off magna in a nanosecond |
Market credibility zero.
Forecasts are now pointless as no one believes the bs.
Only actual will move this dog |
This dog is doing my absolute box in. How I wish I’d binned at 12p. Can’t ever see it getting there again. The absolute definition of jam tomorrow |
Shame the market doesn't seem to agree. |
Interesting posts.
Yours in particular caught my attention.
Good deduction. |
Seeing Machines boss outlines future of driving monitoring - ICYMI 17/2/24
hxxps://www.proactiveinvestors.com/companies/news/1041172/seeing-machines-boss-outlines-future-of-driving-monitoring-icymi-1041172.html
Last Question
SG: What's your outlook for Seeing Machines in the near future?
PM: Our trajectory is set towards exponential growth, with an anticipated increase in vehicles featuring our technology. The combination of market demand, regulatory requirements, and our strategic focus on high-margin royalties sets us on a path to not only meet but exceed our financial targets in the coming years.
PM using the word exponential meaning growing or increasing very rapidly. This comment seems along my thinking on Royalty Revenue in the coming 18 months, with orders added then snowballing. This maybe what PM is alluding to.
Happy Investing |
That's not what Paul has said. He's on record as saying that there is limited competition and we're often the only ones tendering. |
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