Seeing Machines Share Discussion Threads

[seeing2020] 18/9/2017 20:14

hxxp://ein.iconnect007.com/index.php/article/106448/autonomous-driving-set-to-remain-on-the-horizon-for-now/106451/?skin=ein

[poombear] 18/9/2017 18:28

It's all going on. If a DMS solution becomes mandatory for semi autonomous cars, I would imagine SEE would become a likely take over target.

[longsight] 18/9/2017 17:57

Apologies for posting this [my crib sheet on newsflow since MM was appointed CEO:

 May Australian Autonomous R & D Grant
 May Cannacord Genuity appointment
 June FreshLinc deal
 June MM Equity Plan
 June Auto reassurance: Takata situation [KSS]
 July Fleet Update
 August General Trading Update
 August HH Stake Reduction
 August Geotab Agmt
 August Autoliv Agmt
 August HH Stake Reduction
 September Progress Rail Comm agmt
 September Results
 September KSS Confirms commitment to Takata DMS
 September Microlise link to Guardian on their website
 September Zurich Insurance co presents with MixT & Guardian
 September GM confirms Supercruise now standard fitment on top model [before option] / intended to be available on other Cadillacs
 September Euro NCAP 2025 Roadmap:
DMS by 2020. Fatigue, distraction, incapacitation / warning + safety action.
Key HMI tech: overseer, handover, override
Child Presence Detection system 2022
Driver Position Monitoring system
NCAP Label proposal for HGVs to encourage uptake / OEM response
 September NTSB Report on Tesla Accident recommends fitting DMS

[unionhall] 18/9/2017 17:14

SEE referenced as partner - page 24.



SEE referenced page 42, 43, 47 etc...

[gnnmartin] 14/9/2017 12:25

poomb.: I don't think that was a 20m share sale. LSE record of dealings around that date are missing for some reason, but the latest share price LSE give before (on 4th) gave 3p as the offer price, not the bid. My guess is that it was an off exchange sale of 10m shares, which is posted by both the buyer and the seller. But I admit that is a wild guess.

[pottermagic2310] 14/9/2017 11:09

Well it's another Autumn, following another Spring, that we appear to have failed to crack Automotive proper. Looking forward to treading water for another 6 months at this low-ish low.
Time will tell however and the Partnerships in place and the promise of more bode well.
Let's hope we're not caught napping this Winter and are beaten to the Automotive 'golden goose' by similar competitors...

[poombear] 14/9/2017 10:27

Looks like HH have just worked through another 20m shares, quicker the better.
Not showing up here, but can see them on LSE though trade date is 8th Sept, presume it's taken that long to fill?

[poombear] 14/9/2017 08:55

The LSE board is much more active than here, lots of great research, suggest any investor here also check it out.

[longsight] 12/9/2017 12:57

footnote on p6 is of relevance etc.

"1 Effective driver monitoring will also be a prerequisite for automated driving, to make sure that, where needed, control can be handed back to a driver who is fit and able to drive the vehicle. This item will be taken on board under the HMI requirements for Automated Driving."

Also NB: Total contract value signed but not yet billed [now] exceeds $40m. p20 of the Accounts

[amt] 12/9/2017 07:39

Ten years out could be a hundred bagger but that depends on not hsving to raise further cash

[poombear] 11/9/2017 12:17

Anyone got a rough view on how much a per unit monthly revenue would be for the fleet guardian system (with SaaS) would be?
I guess it would vary depending on length of contract, and if it was a direct sale or tie up with for example the MiX telematics joint offering?

[poombear] 11/9/2017 11:44

Great that's what I was looking for thank you.

[unionhall] 11/9/2017 11:42

The forecast to which they refer in the "Final Results" is here.....

[unionhall] 11/9/2017 11:36

Cheers,

All their announcements are here ...(from their website)

[poombear] 11/9/2017 10:02

Btw.
If you change https to htTps in your url they will work correctly as a link, and not be replaced with hxxps.

[poombear] 11/9/2017 09:57

Unionhall, do you have a link to the previous one to that, I want to compare the assessments between the two periods? Thanks.

[unionhall] 11/9/2017 09:32

poombear - this is the one from end july

hxxps://www.seeingmachines.com/wp-content/uploads/2017/07/SM-Fleet-QtrUpdate-June2017-FINAL-2.pdf

[unionhall] 11/9/2017 09:32

poombear - this is the one from end july

hxxps://www.seeingmachines.com/wp-content/uploads/2017/07/SM-Fleet-QtrUpdate-June2017-FINAL-2.pdf

[juju44] 11/9/2017 09:02

never never land here . trend for years is down and it continues

[poombear] 11/9/2017 08:57

Do they still produce Fleet quarterly updates, I can't find them on their website?

[alessxito] 11/9/2017 08:07

Great forecast, we have to expect at least 500m market cap in th near future here, if this is going to be met! Revenue is expected to grow in-line with market expectations for FY18, driven by strong momentum in Fleet, a growing Automotive and Off-Road contribution and first meaningful revenues from Aviation and Rail segments. Whilst there remain uncertainties around the timing ramp of any new markets including some of those the company is supplying, the Company targets growing annual revenue to the sub A$100 million region by the end of FY19.-- The Company expects to deliver gross profit margins in the low to mid thirty percent range for FY18, with additional gross margin expansion of +5% to +10% per year for the next several years as the Company's business scales - to a long term gross margin model of 60% to 70%+ which is consistent with SaaS and high-performance processor/IP business modes.

[poombear] 11/9/2017 08:03

There has been a big increase in R&D and marketing costs over the last year, which accounts for most of the loss. If the growth of the last 6 months continues, this will be fully justified. You also have to recognise that without the one off license sale to Cat last year the loss would have been in the same ballpark.

The focus now is in the ramp in sales of fleet and wins in Automotive. If they say they expect to meet market expectations for FY18, that's massive growth based on the Fincap projections.

[mrx001] 11/9/2017 07:56

I agree that the 2 key things are the loss and the need for funding. It is good to see that they have plans in place to deal with this but at what price to existing share holders?

[kreature] 11/9/2017 07:55

certainly an impressive loss. I agree about the re-rate - GL