 "So far many OEMs have taken the lowest cost option for DMS and just procured the cheapest software, or not even bothered at all. Fair enough, but the safety agencies are far ahead. Euro NCAP - For Safer Cars, Vans & Trucks introduced owl and lizard movement detection to its 2023 hashtag#OSM protocols, which served to reward hashtag#eyegaze tracking over simple head pose. This formed the foundation for hashtag#GSR to demand eye gaze tracking for hashtag#ADDW (distraction) compliance. ADDW isn't advisory like hashtag#NCAP but mandatory and required in all Class M and N vehicles sold in the EU from 7 July 2026. hashtag#Homologation is necessary before this date.
We don't know specifics, but Euro NCAP is set to publish its 2026 OSM protocols soon, which will probably raise the DMS performance bar further by using eye gaze tracking to monitor hashtag#cognitivedistraction. In turn, that is likely to be introduced into a revised ADDW protocol for GSR compliance in 2027. We know from the Global NCAP Congress held in April that hashtag#NHTSA is involved in protocol definitions, so elements of what we see happening in Europe will appear in the NHTSA hashtag#FMVSS for impaired driving later this year.
The race to offer automated driving, roll out software-defined vehicles hashtag#SDV and lately to add hashtag#GenAI and hashtag#ChatGPT to their vehicles has led many OEMs to dismiss the significance of DMS legislation. But DMS offers the greatest advance to road safety since seatbelts and airbags, and the safety agencies know this.
Tesla can talk up hashtag#FSD all it likes, so too other OEMs with hashtag#eyesoff driving. But here's the thing: OEMs have to install DMS that is compliant with the regulations for homologation and FMVSS or not sell their vehicles at all. So what is the priority now?" |
Yes but wait until 2026 and they won't have a choice.
You only quoted the negative stuff, overall the article is bullish. |
Quote from CB on !linkedin just over a week ago:
"So far many OEMs have taken the lowest cost option for DMS and just procured the cheapest software, or not even bothered at all". |
"Colin Barnden again posting and confirming that OEM's are choosing low quality and low cost DMS. It's no wonder we've hit a brick wall with new contracts."
which posting are you referring to? |
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? |
It's perfectly clear based on the tripe they've peddled out that they aren't delivering to expectations. They may well be increasing the number of cars with dms, but growth needed to sustain the rate of installations has collapsed and needs explaining openly. There should be no more kicking the can down the road or saying that the delayed contracts are a good decision by the OEM'S or that the proposed contracts look "bigger and better". We've heard all the bs excuses. We need to know why they aren't winning new business. However, I suspect we will hear the same lame excuses and break even pushed back to at least the end of this financial year. |
"Colin Barnden again posting and confirming that OEM's are choosing low quality and low cost DMS. It's no wonder we've hit a brick wall with new contracts."
which posting are you referring to? |
Seems odd to me that someone who slags of the people running the company still holds shares. So contradictory. |
Like this guy would ever get invited to a party |
You must be such fun at parties! |
Colin Barnden again posting and confirming that OEM's are choosing low quality and low cost DMS. It's no wonder we've hit a brick wall with new contracts. |
Nvh Someone has just posted about Toyota and their DMS.
No evidence to substantiate that claim |
Yes he is a glass completely empty person.
Also his comments about those running the company are rather distasteful at times. |
Nvhltd-I appreciate your negativity & many of your points are valid,although you never refer to the many positives-which makes me question your motives.
-If you were a truly disenchanted holder you would sell & no longer post.
-you can't be Martin as you write far too eloquently
-you could be a paid deramper,although this is unlikely
-you may just be a disgruntled LTH who is frustrated at the slow progress,missed deadlines etc
It would be great if you felt able to clarify |
Someone has just posted about Toyota and their DMS. Seems like another large oem hasn't gone with SEE. Who remembers when everyone thought we'd get them? We opened up an office in Japan to be close to and deal with all of those Japanese RFQ's. |
Give it time. Patience required. There is a product though so you were factually incorrect |
You'll have to remind me how many systems we have sold to Qantas and what the revenues are.
I thought Collins were given a license to produce a product which is only expected to be a red / blue label product this quarter? What's the betting that with just 2 weeks to go there isn't any news this quarter. Another missed target coming up. |
According to NVH See don't have product in the aircraft sector. Funny that I wonder what this is then... |
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. |
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