Seeing Machines Share Discussion Threads

[poombear] 18/1/2018 12:46

I have mine

[skinny] 18/1/2018 12:23

19.92% with HL.

On edit - that may not be correct as I've just noticed another entry - I await clarification!!

[skinny] 18/1/2018 10:25

Nothing from HL - about par for the course.

[morgank] 18/1/2018 10:16

No sign of mine yet (iii) normally used to be quick when TDW, not now

[rjcdc] 18/1/2018 09:52

No sign of mine yet (iii) which is annoying as the refund is going straight back into shares at 6p. Then just going to let them sit there for a few months. If not double figures by June then will reassess.

There is no reason why the company can’t become a £250m+ MC in the near future and maybe more in the long term - especially if they use their expertise in other high return sectors (phones etc).

They need some more contract announcements that show they are on the way to B/E

[cfb2] 17/1/2018 21:52

Selftrade - I also applied for 200K and received 39844 which are now in my account. The refund from the scale back hasn't been credited yet but they say it will be returned when received from the Company Registrar. Selftrade (Equiniti) are generally quite good about such things even though their website lacks useful historical account details since it was revamped last year.

Interesting to see the range of brokers people are using and how responsive they are.

[ewanwhose] 17/1/2018 20:08

Simon, I think you will find you received 3894 and the 16016 x5p is the cash left.I applied for 200k and received 39843. Happy with that - thought institutional shareholders would apply for lots at the last minute and we would get hardly any.There was a lot of selling today but maybe less than the mms were expecting so we ended up slightly.

[simonh88] 17/1/2018 19:53

I applied for £1,000 worth (20k), scaled back to £800.80 or 16016

I'm with AJ Bell

[morgank] 17/1/2018 16:45

Not seen any in iii yet

[seans66] 17/1/2018 14:26

I bet barclays smart investor are last to sort this. They are usually 2-3 days behind everybody else...

[skinny] 17/1/2018 12:33

Nor with Hl - although they are normally pretty slow with such things.

[poombear] 17/1/2018 12:32

No mine not showing yet iweb

[cfb2] 17/1/2018 12:27

Mine are in Selftrade - and no

[morgank] 17/1/2018 08:50

Has anyone received their subscription shares yet ?

[arthurly] 16/1/2018 15:45

Thanks for that Union. Looks like they are pushing hard for automotive contracts with Japanese auto makers and are taking on several staff in Japan.

[rjcdc] 16/1/2018 10:23

By my calcs, The MC will be about £138m with approx £55m cash....?

i.e. 40% cash...

Seems like an attractive position to be in....

They should do it so that those who applied for smaller amounts get 100% of their request and then a sliding scale thereafter. A small example of wealth distribution.

[morgank] 16/1/2018 09:50

Just bought some shares in the market, the buy showed as a sell @6.2 so it hard to determine whats going on looking at trades

[morgank] 16/1/2018 09:39

That's a shame i was expecting a nice profit but now might only be 20% of what i thought

[skinny] 16/1/2018 09:38

16 January 2018


Seeing Machines Limited (AIM: SEE) ("Seeing Machines" or the "Company"), an industry leader in computer vision technologies which enable machines to see, understand and assist people, is pleased to announce that further to the announcement made on 5 December 2017, the Offer was significantly oversubscribed by nearly five times with valid acceptances having been received in respect of 236,832,787 Ordinary Shares.


Qualifying Participants have been scaled back proportionately to their applications, resulting in gross proceeds to be received under the Offer of £2.40 million (approximately AUD 4.16 million), through the issue of 48,000,000 new Ordinary Shares (the "Offer Shares") at a price of 5 pence per Offer Share. The Offer follows the earlier successful fundraising of £35 million.


Application has been made for the Offer Shares to be admitted to trading on AIM and admission is expected to occur on 17 January 2018 ("Admission"). Following Admission, the total issued share capital of the Company will be 2,240,438,973 Ordinary Shares with no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company post Admission will be 2,240,438,973 and this figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in Seeing Machines.


Capitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to such terms in the announcement entitled "Successful Placing and Subscriptions to raise £35m" released on 5 December 2017, unless the context requires otherwise. 1 GBP:1.73 AUD.


Mike McAuliffe, CEO commented: "We are very pleased by this overwhelming demand in the Seeing Machines public offer, building on the recent over-subscribed £35 million institutional offer. We are gratified in the confidence placed in us by our existing and many new shareholders who see the significant market opportunity for the Company and more importantly the capability and progress of the Company towards realising these opportunities. We are fully committed to achieving these growth goals for all stakeholders and shareholders."

[poombear] 16/1/2018 09:28

5 times over subscribed. Looks like I will get a lot less than the 200k I wanted. Maybe if I had asked for 1 million would have got the 200k?

[abid6814] 15/1/2018 23:19

Seeing Machines to demo it's fovio system in Japan in partnership with Xilinx. Good to see consecutive demos in the USA and Japan.LinkedIn for the full press release

[rjcdc] 15/1/2018 12:08

Need some positive news to go alongside the take up news tomorrow/weds... to get the momentum back.

My 10p by end of Jan is looking a tad optimistic....