Have you taken into consideration Valeo may want to take a licence for its DMS road map now SEE has acquired Asaphus? Valeo is a serious player in the DMS/IMS market. As the market develops for DMS others tier 1's who have a simplistic monitoring system that bleeps annoyingly when looking a central console, wing mirror etc will have to go to companies like SEE and licence its software. Advance DMS/IMS takes years to develop even with AI. |
It should be obvious to everyone now if it wasn't before that the Caterpillar deal was a desperate firesale to shore up the cash position. They will probably get one more chance of a cash boost if and when they extend the Magna deal, but just like the Caterpillar deal before it we are negotiating with a severely weakened hand this time around. |
There was some hope that RFQs will take off in the next year after a long pause.
If that occurs then there will be a strong recovery. |
Perhaps The Market yesterday got wind of buying from Down Under or something else .
SEE not usually ‘leaky’so let’s see what next week brings & whatever that may be it will hopefully hasten the departure of the recent idiots making ludicrous claims to scare holders into selling |
I don't get this. Why is the market so thin? I couldn't buy any decent vol today. |
They got cash headroom , receivables , and they can tap the market with any old story, so I don’t think it can possibly be a dead cat ?
Perhaps more likely being inadvertently walked down with long term forward selling into a mega fundraiser?. But perhaps any forward selling has finished ? |
Strange price the roll over at 4.30?Imo |
The famous dad cat bounce |
Oh dear, some people got caught out here today. |
Looks like you missed buying at 3p ? Guardian3 is out now. Not like they need to invent it, already on the market with recurrings right ? |
Sell now before it's too late |
CEO TO STEP DOWN |
So sad to see this play out the way it is at the moment. The lies, deceit, failures and hype are all the responsibility of the ceo and it's about time the board took action. He has failed and therefore should not be rewarded with his bonus and neither should there be any extensions.
How can the company be in possession of such bad news for 5 months, but continue to allow investors to believe they are doubling deliveries of dms when they only grew deliveries by 76% and also not explain why revenues in auto were even lower?
Our product was supposed to be the best and cheapest commanding a premium against our peers, but also has value add with additional feature sets? More BS. The price achieved is being eroded. |
Have you guys been getting the silent treatment whilst the share price is inadvertently walked down for a new rampathon or something ? Bound to be a promotion at some point what with all the various projects? |
Hmmm
Hmmm interesting |
Don't buy yet 1.75p is coming |
Thing is it’s in cars already right ? Or is it ? So the chance of multiples right ? And recurring revenue? What’s the case for buying here ? Any catalysts ahead ? |
Wow the doom and gloom merchants our out in force. See Michael Brown has a large position via Lombard Odier and is a non-ex of SEE. I'm sure he's fully aware of the cash position and if need be step in. Why does no one believe they can't raise further cash. Magna has to renew its licence soon. Perhaps other of its customers will go for license deals. The auditors had to call out the risk at one moment in time. It's not up to them to speculate how future funding will be sourced. |
2p coming what a disaster. The pi s being screwed once again. Sold a dream and got a nightmare. The telegram group must be on ? with all these buying opportunities. |
Going bust |
Still valued at £130m .... with no profit in sight.
Difficult to justify even half of that. |
Time to put a toe in ? |
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