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In the recent discussions on ADVFN regarding Seeing Machines Limited (SEE), investors have conveyed a mix of optimism tempered by concern about the stock's performance. While hints of strategic opportunities, such as securing significant RFQs, were highlighted, the overarching sentiment remains wary due to the current depressed share price, despite accumulation by institutional investors. Comments from base7 indicated that the expectation of a low-ball management buyout (MBO) is unlikely, given the substantial institutional holdings. This commentary highlights the potential for growth as the company targets achieving cash flow break-even and profitability, relying on their robust partnerships.
Investor concern grew around the impact of MBO discussions, with queries about who would benefit from such moves, indicating a need for clarity on these strategic decisions. This resonates with skepticism expressed by jambexpress, who suggested that the current management structures might prioritize their gains over shareholder interests. Overall, the discussions reflect a cautious optimism toward future profitability and operational achievements but encapsulate the frustration surrounding shareholder value and stock performance moving forward.
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Recently, Seeing Machines Limited (AIM: SEE), a company specializing in AI-powered operator monitoring systems to enhance transport safety, has disclosed significant director dealings involving its Chief Financial Officer, Martin Ive. Between January 17 and January 22, 2025, Istabraq Pty Limited, associated with Mr. Ive, acquired a total of 900,000 ordinary shares at prices ranging from 4.03 pence to 4.06 pence per share. Following these transactions, Mr. Ive's beneficial interest in the company has increased to 10,107,726 ordinary shares, representing 0.21% of the company’s issued share capital.
These developments reflect ongoing confidence from the company’s leadership in Seeing Machines’ prospects. Despite the modest price fluctuations, the increased shareholding by a key executive can indicate a positive outlook on the company's performance and future growth potential, although no specific financial results or forecasts were reported in conjunction with the share dealings. The company continues to focus on advancing its technology that is pivotal for improving transportation safety.
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Apologies Zero. Foolish of me to be rude. |
I am with team zero !NVHltd clearly has an agenda-either as a SEYE shareholder or other reasons & zeros comments are perfectly reasonably & my view of his posts is that they are pragmatic, ie relate to known facts or expectations led by Paul. |
longsight |
Thanks for the link. |
Zero |
Don't forget the 40% market share referenced revenue not units sold. 30% market share by volume of units sold. Tesla are always going to do their own thing and Cipia will pick up some of the lower revenue units. It won't surprise me if SEYE end up selling a better volume of units as they target the cheaper cars. |
So if SEE are only going to get 40% and Seye are a long way behind in both units and revenues who is getting the other 60% with Seye? |
not interested in the debate - but I'll point you to the actual numbers. This year DMS sales shd total 5m - of which SEE shd get 2m approx. SEYE are a long way behind in both units & revenue. So SEE are doing great |
And the share price is with 80% YoY growth? By now it should be double or triple that number if they had delivered to their stated targets. |
what a poor post. |
We need to be more worried and focused on our own company failings. |
Also said they didn't need cash and then raised SEK150m virtually the next day. If they hadn't SE would have been down to SEK20m with some SEK50m loan note (conditions of drawdown unknown). Based on todays numbers they would have run out of cash well before cashflow breakeven without the fund raise. This is red flag land |
Lord knows why Smart Eye is up on its Q1 results. Auto revenue up SEK19.1m on Q1 2023 and most of that is non-reoccurring engineering work. A years worth of hype for a USD 3.0m increase. Watched the presentation and the lack of any detail was shocking even when directly asked. As usual he signed off with an outrageous unsubstantiated bullish note. I have been to hundreds of company presentations over the years and I would have packed my bags a left this one with some feeble excuse. |
Camera watching you drive? Monitoring tech grows as regulators battle distracted driving |
ALCHEMY - name of poster |
Thanks people. |
Positive Proactive interview this morning with Paul, in which he reiterates guidance & clarifies position with G3 , about which he remains positive & Aviation |
Nice update, as Cars increase so does the revenue hand in hand. May it continue, and roll on to the next update. |
Still derisory numbers from fleet given GSR is exactly 2 months away. |
Paul McGlone, CEO of Seeing Machines, said: "As expected at the time of our last KPI announcement, we have seen strong growth return in our Q3 vs Q2 production volumes, and with over 744,000 units in Automotive production year to date, we can confidently expect our annual run rate to exceed 1 million this financial year and expand beyond that as more programs start production across our current won business. We've made good operational progress, with a particular highlight being the largest volume program won to date by Seeing Machines. This program also represents a technically challenging and groundbreaking technological solution, introducing the world's first interior cabin monitoring solution via a single camera system, which makes us very proud and reaffirms our status as a pioneer when it comes to innovation. |
Currently up 13% today ....around 5.5p to sell. Heading back to around 10p I feel. |
Hey I haven't dared look but are we bouncing back? |
There you go chaps ....100% increase cars on the road. |
Type | Ordinary Share |
Share ISIN | AU0000XINAJ0 |
Sector | Computer Related Svcs, Nec |
Bid Price | 4.005 |
Offer Price | 4.145 |
Open | 4.005 |
Shares Traded | 5,136,686 |
Last Trade | 16:35:13 |
Low - High | 3.805 - 4.005 |
Turnover | 67.63M |
Profit | -33.13M |
EPS - Basic | -0.0078 |
PE Ratio | -5.13 |
Market Cap | 175.14M |
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