Seeing Machines Share Discussion Threads

[hazl] 28/11/2018 22:12

' Amrith Ramkumar

The Dow Jones Industrial Average surged more than 600 points Wednesday, erasing its November decline, after Federal Reserve Chairman Jerome Powell eased investor worries about an aggressive increase in interest rates.

Stocks opened modestly higher and then surged immediately following Mr. Powell's midday remarks, led by shares of internet and health-care companies. The advance continued in the afternoon, morphing into a broad-based rally with all but one of the S&P 500's 11 sectors climbing. '

[boris cobaka] 28/11/2018 16:38

funny ol' world.
Stale bears just as bad as stale bulls. They ultimately become blinded to any view other than their own and even if they do decide to do the opposite of their tiresome mantra they're too embarrassed to admit.

Good job there's none of those fellas here.....

[10p here we come] 28/11/2018 16:34

Ready for the stampede back in to these?

[bobogyo] 28/11/2018 16:33

I asked Shares mag to try and arrange representation from SEE for this Forum in London and they added them:
hxxps://www.sharesmagazine.co.uk/events/event/growth-innovation-forum-2019-1

go and register your interest!

[alessxito] 28/11/2018 12:50

Juju??? Did u buy or are you still waiting for 1p?

[10p here we come] 28/11/2018 09:46

Overdue a rally now aren't we.

[hazl] 28/11/2018 09:44

I think it is purely due to macro picture in the general market,myself,zero.
Not especially SEE orientated.
Look at the charts for many of the shares currently especially tech.

SEE has just delivered some very exciting news in the last week,or so, which would have sent the shares rocketing a few months back.
That is the way of the stock market.

Still the same potential in my opinion.

[zero the hero] 28/11/2018 09:10

Interesting reply to the question what should investors expect toward the end of the year (June)

Auto - expect more OEM news, mentions the Japanese market specifically
Aero - more news imminent - the recent release was the first of several
Fleet - expecting numbers to grow

You can see why this share has drifted though as the frustration at coms between the company and investors is very obvious. Worth a watch if you are interested in investing with SEE and the right time to be buying IMO

[bobogyo] 28/11/2018 08:40

Interview with Ken:



Finally some clarity and more positive communication!

[tradermel] 27/11/2018 17:48

I don't have anything to add, thanks

[davemac3] 27/11/2018 12:41

I know what he needs!

[zero the hero] 27/11/2018 11:08

So give 1 fact, because speculating they do not have the money is exactly that - speculation. You choose not to beleive facts contained within finacial statements and speculate they are not making money, but funnily enough keep re-stating that over and over, you now seem to be mirroring someone elses commenting!

I guarantee that if you wait until they are making money the share price will be multiples of where it is now. 2020 they will start making the money, 2019 is when most auto companies will have to reveal their DMS to comply with EU law, and the anticipation of thos profits will drive the share price

[boris cobaka] 27/11/2018 10:59

fair enough.
I wouldn't invest in a co. if I thought they were going to run out of cash anytime soon.

Big 6.6mil trade. Looks like a sell but it must have been worked for a wee bit else the share price would likely be sub 4.5

[pbj] 27/11/2018 10:50

Everyone one is entitled to their opinion even if others don't like it.
I fully intend to invest in this company but only when I believe it is clear that
they have the funds to become a profitable company.
As another poster pointed out we need to look at the facts and that is what everyone one needs to do.

[boris cobaka] 27/11/2018 10:24

ftr - I don't believe the share price crash is necessarily down to funding concerns but simply -
- bad news announcement with reduced revenue forecast

- personnel issue - now gone

- the more recent drop is down to wider market correction

[boris cobaka] 27/11/2018 10:19

pbj - if they can reduce the cashburn then it would help. A lot depends on what stage they are in development and whether there are potential licensing options. If the primary reason is down to the delays in production and therefore receipts there might be other options instead of new equity. I do think if there was a problem with funding that's arisen due to delays then the bod would have had to respond before now.

[zero the hero] 27/11/2018 10:02

pdj you can think what you like but tradermel has explained why he / her does not think there will be a placing and it seems reasonamble to me. Added to that there is Historical evidence and that gives an indication of how they will get finance when they need it. Look back through the 3 months leading upto last years placing and how sucessive positive RNS's pushed the price higher. A lot of AIM companies operate in this manner as it is not in there interests to make a placing at low amounts, even II's are not stupid to allow a company to get away with this.

Other people have expressed the negative opinion, but those people have made repeated posts giving one opinion only and that is called deramping. The same people ramp other companies and if you want to take their opinions as valid, well once again that is full well upto you.

You have posted here since August, every single post negative, why? What motivates you to return to a thread you have no intention of investing in?

[pbj] 27/11/2018 09:22

tradermel I just think that they will need money shortly but just my take on things. Other posters on here are convinced there will be a placing and I have to agree even though others on here seem to think otherwise, but cannot see how they can go on without raising more money untill they start making a profit.

[tradermel] 27/11/2018 08:14

There is another reason why I feel I have inflated cash burn far too much is that we also know that cash position was at A$21.47 in 30 June 2017 and A$18 December 31st so the receivables are more likely to be accounted for during that period.

[tradermel] 27/11/2018 07:58

pbj Okay I understand your point now, but I think you have just justified why it is impossible to get to a figure without detailed company records. In your figures above the A$30.7 is reported for the full year so would have to be divided in 2 to get cash burn by June (in line with the link given) Secondly we do not know the accountancy period for that revenue, was it at the end or during the period, if it was reported (totally or partially) at the end then part or all cannot be included into the cash burn. Lastly we do not know how much the revenues were (see my second post that day) as it is highly likley that revenues have riseen (Automotive rose 5 times the previous year) also Bdms has been released and uptake good (not accounted for in revenues claimed)

In short I feel more comfortable with my original figures as all the uncertanties are dispenced with in light of the absense of detailed accounts for the period.

[old fool2] 26/11/2018 23:02

Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of credit cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot.

Here is my invite link:

[pbj] 26/11/2018 22:49

Hi tradermel,

In your calcs you have added revenue into what you think will be the cash left in Jan 2018(I think you mean 2019) 30.7m + 42.8m(cash remaining) less cash burn of 43.6m to give cash left of 29.9m. But you never added the revenue into you first calc so if same applies it would be rev 30.7m + total cash 86.4 less cash remaining of 42.8 m giving a cash burn of 74.3m.

[tradermel] 26/11/2018 20:58

How on earth do you figure that one pbj?