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. |
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 |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
