Seeing Machines Share Discussion Threads

[ali47fish] 03/8/2018 13:40

ifc4 is the comment from toady's update ?

[hazl] 03/8/2018 13:16

Strange....I thought this was the 'see' thread.....seems to keep coming back to a different company altogether.
Don't know why you don't remain where you are happier?

[onetomany] 03/8/2018 12:06

Mmmmm how did onetomany know? I?m doing very well with my trading however. What?s your thoughts? Why don?t we just wait and see here. UKOG I am unable to comment on the current situation there or my position as there is significant news in the background, that already quite a few are aware of.

[hazl] 03/8/2018 11:27

Excellent note ifc4 the middle part is worth repeating.......



'we believe the key to unlock the huge potential from the retrofit DMS fleet product is the FOVIO chip. This will enable a much smaller,lower cost and easier to install Gen3 product which can also be easily integrated into third party hardware such as fleet telematics boxes. There are already 27m telematics boxes connected globally and this is forecast to rise beyond 50m by 2021 (Source: ABI). We note that Seeing Machines currently has no real direct competition in the retrofit fleet segment and would be even further ahead of any potential competition with a lowcost FOVIO chip Gen3 offering.'

[poombear] 03/8/2018 11:26

Thanks lfc. Does anyone have the 4th July report mentioned in the above post?

[hazl] 03/8/2018 11:21

There's a lot of short-termism these days.
It depends if you think this firm will continue to be in demand in years to come and continue to grow.

I think the interest already shown by well-known names suggests they want a bit of the action.

People have to make up their own minds,however.

[lfc4ever] 03/8/2018 11:19

Comments: FY18 Results showed substantial progress over FY17 with a strong
performance from the automotive business offset by a weaker than expected
performance from the fleet business. There have clearly been challenges associated
with reducing the cost of the new fleet product (Gen2) and getting this product out to customers before the financial year end, with the company incurring the costs of all the batch of Gen2’s produced in FY18 but only recognising the revenue from shipments that left in time. Whilst the fleet business is making progress in transforming from a high cost direct sales business to indirect sales, we believe the key to unlock the huge potential from the retrofit DMS fleet product is the FOVIO chip. This will enable a much smaller,lower cost and easier to install Gen3 product which can also be easily integrated into third party hardware such as fleet telematics boxes. There are already 27m telematics boxes connected globally and this is forecast to rise beyond 50m by 2021 (Source: ABI). We note that Seeing Machines currently has no real direct competition in the retrofit fleet segment and would be even further ahead of any potential competition with a lowcost FOVIO chip Gen3 offering. With the FOVIO chip validated by recent automotive design wins, and volume production expected in CY19, we continue to believe the fleet business has as much potential as the automotive business. Therefore, whist the fleet business’s current growing pains are disappointing this is, in our view, a minor setback on the scale of the overall investment case where we continue to highlight that Seeing Machines has a hugely valuable and defensible technological lead in DMS, as demonstrated by its five automotive OEM design wins so far. We see any weakness following today’s announcement as a buying opportunity ahead of potential news from the automotive business where we highlight that we believe that Seeing Machines is currently in more than ten automotive RFQs that are outstanding of which at least five have passed technical qualification (for more detail on this please read our recent
automotive update report from 4 July 2018).

[onetomany] 03/8/2018 11:18

Anyone seen the exit door?

[molatovkid] 03/8/2018 11:14

Just buy, hold and hang on for 2020 when the European safety rules change....

[morgank] 03/8/2018 10:59

The note seems to have set off more selling

[amunro] 03/8/2018 10:45

Don't expect much upside with the rns; most of this information factored in and already known.

[morgank] 03/8/2018 10:34

Anyone have access to the Cenkos research note on SEE just published ??

[seans66] 03/8/2018 10:17

Ditto rostam60.Very well put.

[rostam60] 03/8/2018 10:14

My take on the rns: Solid business with leading edge technology in a rapidly expanding market. Excellent future prospects.

[maytrees] 03/8/2018 10:13

Greetings seans66

Mine are Youinvest - who I think are fine.

[morgank] 03/8/2018 10:12

I am with iii

[seans66] 03/8/2018 10:11

MaytreesI had the same problem. I am with HL.

[rjcdc] 03/8/2018 10:05

lfc - that project is based on current models only and doesn't account for any widening of the agreement nor any new deals......

-- Projected automotive revenue from this booked business to be recognised from 2019 to 2026 is in the range of A$110 million based on initial models included in the corresponding agreements. The addition of further models is currently in discussion.

Add to this fleet which grew x5 last year and all the other pipelines (rail now earning??) then you can see that this figure will be massively higher...

[maytrees] 03/8/2018 10:04

TX all

probably just my brokers. Interesting though that 11p to buy or sell.

[morgank] 03/8/2018 10:01

You have no idea which are buys or sells all @11p

[morgank] 03/8/2018 09:59

No problem buying or selling all @11p very unusualI bought earlier @11p and just sold @11p after reading some recent comments

[maytrees] 03/8/2018 09:58

Good morning

Why so difficult to buy today so far without using limit orders?

[lfc4ever] 03/8/2018 09:58

heavily invested here. my main concern is that the projection of A$110million between 2019 and 2026 is pretty small when annualised. I suppose it depends on the volumes of vehicles in that current projection, compared to the number of vehicles if there is a broader roll-out.

[rjcdc] 03/8/2018 09:57

Volume is volume O2M.

[onetomany] 03/8/2018 09:56

Yes Sean. If not today then next week. Below 10 that is. 6 is second support thereafter.