Share price up 30% in last 5 years.
Ft AIM down 15% in same period.
See doing ok and much better than most other AIM shares. |
But surely it won't worry you cos you sold out because of the impending bad news. Right? In fact one could ask why are you still here moaning on? |
SP down 8% year to date and just about clinging to 5p. One of the analysts share price predictions is just 9p. Their targets have been reducing each time they put out a note.
Paul clearly explains what's gone wrong and what's still going wrong. We should be at breakeven in circa 13 weeks. That's not going to happen.
It's now clear that until they have have to most oems are choosing cheaper or alternative dms. It's also clear that there are many dms providers as we found out with Valeo _ our partners!! |
Odd that the share price has been doing rather well particularly when the AIM market has collapsed in the last few months so investors see the opposite of what Nvh is seeing.
You come over as angry Nvh and therefore not going rational. Didn't you read the analyst report showing how well See is doing and investors seem to like See too. |
But surely it won't worry you cos you sold out because of the impending bad news. Right? In fact one could ask why are you still here moaning on? |
Listen very carefully from 6 minutes and 40 seconds in. It's all clearly stated by Paul with his glum face and shrugged shoulders. Revenue lost, OEM's switching to lower spec ncap standard dms. Until 2026 OEM's choosing non camera based systems. Gen 3 delayed so lower Margin Gen 2 sold instead.
To cap everything there's hardly any new contracts to OEM's this year and no Gen 3 sales.
Breakeven pushed back by a quarter or two. We were supposed to be at Breakeven in circa 12 weeks time, but not now.
By simple deduction any delay to profitability has an affect on cash available to pay back the CLN on our terms. |
nvh - maybe time to close your short? |
Can you post exactly where in a proactive interview it is said that OEMs are choosing cheap DMS? I believe this is fake news, much like a lot of what you write. |
In the PR chat posted above with Nick, Paul suggested that the delayed contracts would deliver bigger and better contracts. That was in May 2023.
Then in the other Proactive Investor video he admits that OEM's are choosing the most basic dms which has had a negative impact on the margin mix and their ability to reach breakeven which will now be at least 6 months later than planned.
That in turn will impact their ability and choices to deal with the CLN and reduce our negotiating power with Magna just like it has with catapiller. |
But surely it won't worry you cos you sold out because of the impending bad news. Right? In fact one could ask why are you still here moaning on? |
They were supposed to be breakeven by the end of calendar year 2024. More BS or just failure. You choose. |
This was a classic fairy tale story from Nick and Paul in May 2023,
hxxps://youtu.be/bFXpQWJroOs?si=eyRJlYeA2NJb3lnq |
Perhaps Nvh might like to read that article |
https://www.proactiveinvestors.co.uk/companies/news/1055678/seeing-machines-remains-overlooked-by-market-despite-major-advances-1055678.html |
They don't usually do them after trading updates I don't think.I expect there will be an investor meet presentation after the results. |
Interesting that there hasn't been any PR videos following the trading update so far. I guess there wasn't anything worth promoting or they just didn't have time what with all the new OEM contracts and guardian PO'S that they are dealing with.
Colin Barden has pretty much confirmed that things are not going their way by talking about all the cheaper versions of dms oem's are choosing over more sophisticated systems like SEEING, |
He started of really positive from memory. Then realised it wasn't going to be as quick and straightforward as he initially thought and then he did a complete 180. |
But surely it won't worry you cos you sold out because of the impending bad news. Right? In fact one could ask why are you still here moaning on? |
I'm not running the company so you could say much of what the ceo says, predicts or promises turns out to be wrong. It's those promises and statements after so many years that are most definitely tiresome.
Where's the 330 aircraft deal? Total BS. There's not even a product. This is the quarter they are meant to have a blue / red label product so he was lying through his back side.
Then there's all the lame excuses why new OEM contracts are delaying. The end of last year and the first half of this was going to be very busy based on their "confidence factors" and what was "in the hopper". More BS, but definitely busy for our competitors.
Then there was Gen 3 and all the PO'S. Pretty much diddly there too despite GSR.
Then there was the cash flow breakeven in the first half of FY25. Now it H225 if we're lucky.
Then people wonder why their investment is trashed?
A cash raise of some sort or other is coming before we get to breakeven. |
Some BBs get infiltrated with negative posters who become obsessed with trying to convince us all they are correct.
I think NVH seems to fit into that category and much of what he writes has turned out to be wrong. It does get rather tiresome after a while. |
You clearly have an agenda or no life. Why don't you go away from here, try and find a life and do us all a favour x |
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