Seeing Machines Share Discussion Threads

[juju44] 23/11/2018 15:53

If you are convinced it will fall , why not say it with your reasons if necessary . Thats what these boards are about

[zero the hero] 23/11/2018 15:48

Juju, buying and selling is exactly what I have done in the past and done pretty well, sadly not this time. The line I draw is rubbing people faces in it when I do sell and absolutely will not deramp a share I think is on the way down, I will never be that desperate to exert my own will.

[juju44] 23/11/2018 15:36

share prices move on sentiment more than value . Smart guys manipulate punters to buy or sell as they want to . They will manipulate this back up at some stage so why shouldn't peeps buy for that and then dump them again . We are only here to make money

[hazl] 23/11/2018 15:26

Why would you buy into anything you think is a shambles....at any price....I don't understand?
I am not encouraging anybody to buy but am explaining why I haven't completely sold out.
My shares are not worth much now, I must admit, but at least I can watch how they do and decide as time goes on.

Zero is right there are some vultures on these boards.

[zero the hero] 23/11/2018 15:24

I always underestimate peoples ability to be spiteful and self interested.

[kreature] 23/11/2018 15:22

I'm a buyer at 2p if that's any help

[boris cobaka] 23/11/2018 15:16

'vision for the future'

lofl and now their website not working :(
sp in freefall
management can't tell us anything
head of finance on his way out
shambolic

bunch of amateurs.
juju's 4p looks nailed on and i'm not even sure that will hold.

[hazl] 23/11/2018 15:15

Though we are all disappointed,even juju, I suspect, and when a financial officer leaves I take it as a bad sign,usually, this announcement does not have a sour note to it.
I think that there is still life in the old dog yet.
We'll see.


'James leaves with the Board's appreciation and thanks for the substantial contribution he has made during his time with Seeing Machines. Over the past four years, the Group has grown from 50 employees to over 200 and achieved a four-fold revenue increase(1) . James has been fundamental in supporting this growth through new system implementation, business process improvement, office expansion to the UK, Germany and Japan, as well as the introduction of maiden debt to fund program development in response to increased demand for Seeing Machines' technology across multiple transport sectors. James has also worked closely with our brokers and advisors in that time and been instrumental in a number of successful capital raisings.

The Group is in the final stages of appointing a new Chief Financial Officer and expects to make an announcement shortly. James will remain with Seeing Machines until mid-January in order to provide an orderly and comprehensive handover to his successor.

Ken Kroeger, CEO at Seeing Machines said:

"The last few years at Seeing Machines have been times of constant change and growth. This growth has been driven by a number of factors, including James' hard work and dedication to the business.

I'd like to personally and publicly thank James for his tremendous contribution to the business, his support and his friendship during his time here and to offer him and his family our best wishes for the future."

[seans66] 23/11/2018 15:15

Juju You are embarrassing. Slagging the company off & then saying you might invest when the share price lower. Make your mind up!

[boris cobaka] 23/11/2018 14:47

looks like the aviator has bailed....

Sadly the share price has sliced thru the weekly 200dma on quite strong volume. With today being Friday it doesn't look like it's going to close above before the week is out.
Management credibility close to zero. Might take quite a bit now to recover as that all important trust has been broken.

The nda's if genuine are killing the stock. Hard to believe the management would agree to such draconian measures. How can you value a stock if you can't gauge it's potential revenue streams - perhaps the 'nda' bs was designed to deliberately create a fog to enable a v short term pump and dump.

[juju44] 23/11/2018 13:12

Some idiots here are so thick they can't even spell

[theaviator] 23/11/2018 12:43

Sync broke but will add.

[juju44] 23/11/2018 11:48

garbage can make you lots of money . This sort of over ramped speculative stuff runs on plonker manipulation and sentiment. I believe there will be a rinse and repeat at some stage and the price will shoot up again . That provides an opportunity if you can get in and out at the right time .

[10p here we come] 23/11/2018 11:36

It's the right thread if you're looking to buy a bargain.

[poombear] 23/11/2018 11:21

Sorry wrong thread.

[alessxito] 23/11/2018 10:59

A company that changes and expands fast like this one needs to change as well the men running it! Wake up!

[alessxito] 23/11/2018 10:57

Pile of garbage and you looking to add??? Ahah you are a deep down looser

[shallwe] 23/11/2018 10:29

It's a good buying opportunity - honest!DYORGLA

[zero the hero] 23/11/2018 10:11

13494 - indeed, I don't think it will get there, but then again I never thought we would be back at my original purchase price so long ago!

13495 - Ken has stated sharholders are his priority (get off the floor stop laughing that man)

I have speculated that they are reluctant to release news until they need it. Look back to the last fundraise and the RNS's that ran upto it as a point of reference. NDA's agreed to gives them perfect reasons to hold the news until it is in their favour and at the moment they do not need a fundraise, but that may not be the case mid 2019. Why raise the share price now when they will need to in the the new year!

I do not fear that fundraise - again look back to the fundraise last year and the share price rise happening soon after. 2019 will be good I am sure.

[boris cobaka] 23/11/2018 10:00

don't the bod have a duty of care to shareholders?
If there is something in the pipe they really need to get it out as the share price is simply cratering. If the recent dip had again happened in one session they'd need to have put out a 'know of no reason etc etc etc... rns.

[boris cobaka] 23/11/2018 09:58

zth - homing in on your purchase price :(

[zero the hero] 23/11/2018 09:48

13489: There lies the problem, there are 2 main reasons why this is at the current share price The Fleet accounting problem (surely todays news takes care of that) and the poor visibility of an order book due to NDA's and flakey news. Fleet is (or should be) a sideshow, generating money until Guardian can start being fitted on new models. The current announced wins are:


US
GM - SEE announced win
Ford- SEE announced win
FCA - TBC

Europe
BMW - SEE announced win
Merc - SEE announced win
VW - TBC

Japan all TBC

Korea all TBC

etc.

These of course will not start until 2020 but implementation will start in 2019 and the other manufacturers will reveal who they have chosen.

Aviation, hinted at in the recent RNS
Medical hinted at ...
Train / Buses .... gone quiet but another market we wait on.