Seeing Machines Share Discussion Threads

[ravin146] 21/5/2018 23:09

Juju why are you slagging the management for an external event? The delay just means the revenue will be for the next fiscal year.Juju do you actually long these shares?Or are you a jobless day trader?

[morgank] 21/5/2018 21:24

About 8m buys reported after the close against 2.5 sells, some 69 mil in vol today.Regular 1 mil buys all day, interesting

[ravin146] 21/5/2018 19:28

Good to hear you are long here at SEE and not shorting.

[juju44] 21/5/2018 19:24

I hold lots of shares - agree entirely with vicki. If this management can't hack it they need to be urgently replaced

[vickiitwo2] 21/5/2018 19:22

you cant be late in the automotive industry.
An extremely Reliable reputation and delivery on time is crucial,
otherwise you get binned

[ravin146] 21/5/2018 19:00

Juju do you hold any shares here?Or are you short?

[bignads] 21/5/2018 17:16

All looks pretty good from where I'm sitting:

- Revenue in every product category is increasing significantly, including 7 fold increase in automotive sector over the last year.
- Regulation (e.g. at European level) pushing their product.
- Lots of cash in hand >£40m estimate to develop and sell products.
- Big forward pipeline of orders (>A$200m in fleet sector alone)
- Expanding into planes and trains.

Today was a share price over-reaction due to people selling at profit given the recent rise. Expect the share price to rebound strongly once people find their feet again!

[juju44] 21/5/2018 17:09

Pity the punters in at 10p on Friday

[bobogyo] 21/5/2018 16:44

I added some more today considering I have the long term sight of 6 weeks.

[amt] 21/5/2018 16:39

My reservation is that there is competition out there and SEE seemed not to have the long list of Auto clients they once had.

[filterwest] 21/5/2018 16:30

I can't believe people cannot a bigger picture. It's just slight delay.

[onetomany] 21/5/2018 14:45

I took another 200,000 today. The story here remains the same. Multi bag a guarantee, just whether it's 6/12/18 months.

[hashertu] 21/5/2018 13:05

hxxps://www.ttiinc.com/content/ttiinc/en/resources/marketeye/categories/passives/me-zogbi-20180302.html

hxxp://www.advancedmp.com/severe-mlcc-shortage/

I don't think I will be quite so quick to criticise.

[pawdaw] 21/5/2018 12:08

AVX, for example, is a major capacitor and passive component/interconnect manufacturer with annual turnover of around $1.5 bn. Routine capacitors cost a few cents each, so they are clearly manufactured by the billions annually. SEE simply forgot to order their supply in time - just good old-fashioned incompetence I would say.

[insideryou] 21/5/2018 11:10

Agreed juju. This has always been an inside game

[napoleon 14th] 21/5/2018 11:00

Interesting situation, but I stayed out having seen FLX do its' stunt last yeqr.

[morgank] 21/5/2018 10:38

That's 3 x 1mil buys reported late this morning so far, share price not responding much so may some late large sells in the pipe also

[brockwl2] 21/5/2018 10:12

I don't think you can assume you can add the 5M back in to next years revenue. The trouble with Fleet is that it takes an age to roll out once they secure an order.

I'd guess that Fleet companies only want to fit this stuff when lorries are scheduled to be off road having normal maintenance done. So catching up after a delay isn't straight forward. Those opportunities missed may well have to wait another year before the opportunity arises.
This is one of the reasons I'm twitchy about using Fleet as the cash cow to get us through to the Auto roll outs. Its painfully slow to roll out.
I can see another funding round being required here at some point.

I except this share has massive long term potential, but at the moment its balancing that with the short/medium term revenue shortage.
Then working out what is a fair price.

Lee

[rjcdc] 21/5/2018 09:57

I would have said 49m...;-)

Also, they are potential qualified pipeline sales, not guaranteed sales, so you would expect the number to drop on conversion.

Don’t get me wrong, I’m not happy with the rns - SEE seem to be doing what they can to keep the price in check... apart from their rns on Friday. I don’t know why they haven’t given an updated revenue target for 2018/2019 either, seeing as we,re only 6 weeks away from end of this year... (hmmm, 6 weeks.... exactly the same time as the delay...)

[amt] 21/5/2018 09:48

Well might be say 48m then.

[rjcdc] 21/5/2018 09:41

The pipeline is over A200m against previous guidance of A250m. Call me picky but we don’t know how far over 200m it is, but whichever way you look at it it’s not dropped by 50m.

Assuming nothing underhand is happening, the lost 5m will need to be added to next years guidance which makes it even more of an attractive investment from this share price

I’ve added today.

[amt] 21/5/2018 09:14

The 50m knocked off the pipeline doesn't encourage me. The pipeline should be growing not falling shorley .

[morgank] 21/5/2018 09:10

There still seems to be buyers in the market this morning mopping up the selling

[brockwl2] 21/5/2018 08:56

Revenue is being estimated as slipping by A8m.

Forecast Fleet revenue was about A14m (from previous outlook statement 12m existing rollout, plus new business not quantified so lets say 2m).

6 weeks hold up is less than 25% of the half year lost. So lets say 25% and be generous.

25% of 14m = 3.5m. So it should have been a revenue miss of 3.5m yet they say 8m likely.

Suggests to me that they have missed revenues in a bigger way than they are saying and using this problem to hide a bigger miss.

I sold this morning I see this going lower before rising again.

Lee

[juju44] 21/5/2018 08:51

guys who jumped ship at 10p knew this was coming .