Seeing Machines Share Discussion Threads

[supersonico] 07/9/2018 08:21

OTM,

Is that the best critique you can muster?

[hazl] 07/9/2018 08:16

I think it is so unfortunate that this bb has become a discussion purely about the share-price .
I would prefer this to be a place where the merits or otherwise of SEE are discussed.

I think that you two people...OTM and the other naysayer must be the most boring posters I have ever read.

[onetomany] 07/9/2018 08:09

That that guy is a clown and clutching at straws?

[onetomany] 07/9/2018 08:09

Hi, I bought back at 9 remember then sold a couple of days later. I did post both before raving becomes a lunatic again. I am watching closely to assess placing price before buying again. I expect 3-5p but nothing confirmed to me yet.

[supersonico] 07/9/2018 07:39

What's so Funny OTM?

[rjcdc] 07/9/2018 07:38

I can’t remember if you are in or out now O2M... it’s like the hokey pokey.

Surprised by what’s happened this week.... Management need to step up otherwise double figures won’t be seen again for a while.

[onetomany] 07/9/2018 07:12

Safestocks hahaha :)

[ravin146] 06/9/2018 19:14

https://mobile.twitter.com/PriorityAmb/status/1035562796698755073This is big news if they do rollout to the country.Surprised this has not been RNS'd

[ravin146] 06/9/2018 19:07

Nice 1m buy at the end.I've topped up too.Gla

[ravin146] 06/9/2018 13:47

Well supposedly if Toyota on board could see this back

[hazl] 06/9/2018 11:51

WHAT A DIFFERENCE A DAY MAKES..........

[kramar] 06/9/2018 11:27

Interesting view from safestocks

[derf1953] 06/9/2018 10:06

SEE is CURRENTLY engaged in ACTIVE auto programs with 5 OEMs and is WORKING with a GROWING number of tier 1 customers globally with the potential addition of further vehicle models and volumes CURRENTLY IN DISCUSSION.

[poombear] 06/9/2018 09:42

The expectations have been set by SEE management, especially during MM's tenure. Mid 2017 they stated FY 19 revenue as just below A$100m then in October 17 just before the fund raise, reigned it in to, up to A$88m for FY19.
Although they haven't yet stated what the target is for FY19, my guess would be around A$70m, but we shall see.

So they have shot themselves in the foot. If they had forecast A$30m FY18 and A$70m FY19, I'm pretty sure this still have been viewed as a good investment, especially with the unfolding automotive growth. So the current issues does raise questions about the management, but everything about the company is still in play. So I expect the recovery to be pretty quick.

[muxdapanza] 06/9/2018 08:57

Zero,
The problems with Guardian are caused by VSI, to a large extent. Who also own 11% of the company. It is not a great mix. I accept what you say about my comment regarding dumping the shares, it is not naive of me to point out the conflict of interest here though. It is naive of SEE Mgt to have put so much faith in their business partners.
Cheers

[rjcdc] 06/9/2018 07:05

It’s called managing expectations... part of me wonders if KK has felt uncomfortable with the share price for a while, especially since the noise made around the fundraise. In fact I’m not convinced that the last CEO wasn’t bought in just for that purpose, to raise new funds. The share price got raised based on news and they now have to show the numbers to match.... they can’t, and so have had to rebalance using real numbers.

A longer more arduous journey ahead, but the destination should still be the same (aassuming no damage from the last few days).

Sad times. But hopefully we’ve seen the bottom.

[thetrophyman] 05/9/2018 22:49

I wish I was able to buy just now... lth for me so I'm not too concerned about this and I've already said... a massive overreaction... very close to overbought late afternoon... markets having some fun... is this what they mean by *enjoying the ride* ...

[supersonico] 05/9/2018 22:31

Tradermel,

It is interesting how positive news on many fronts has been expected for a while and the delay has had folk wondering why the silence..Then we get the Guardian RNS.

You could be right about getting the bad news out..makes sense to me.

[tradermel] 05/9/2018 19:18

Get the bad news out, then wham the market with some outstanding news. DYOR and all that but its time to re-assess why you invested in SEE in the first place. Small sales now, or BIG contracts later?

Toyota this week or next? Have a look at their FB page for yourselves

[juju44] 05/9/2018 19:05

You were wrong too chum

[kramar] 05/9/2018 17:09

Safestocks from 3rd Sept:-
Meanwhile, over in Japan, it seems that Seeing Machines has made great progress in cracking that market. Toyota by all accounts is in the bag. Moreover, Seeing Machines is exhibiting its DMS with Japanese Tier 1, Nexty Electronics (that is part owned by Toyota) at the 1st Automotive World exhibition in Nagoya, Japan this week.

See Pic from exhibition here:-


If this was put in RNS would the share be back up to 12p ?

[zero the hero] 05/9/2018 16:41

No it is not a mess, it is a set-back and that is it, one more contract (just like when Ford landed) and this fiasco will be ignored.

MuxDaPanda you think that VSI would get dumped then in turn dump their shares? That is rather naïve, VSI's own interest would be how they could dispose of that 11% to their own best ends not dumping into the market. Also please remember the value of SEE is in their Auto manufacturer sales, not Guardian. Guardian was only ever going to be a smaller part of the company moving forward. This is a problem now, but not next year as the contracts start to evolve.