Seeing Machines Share Discussion Threads

[skinny] 14/1/2019 07:08

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Group"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, notes that General Motors has been named the winner of the Autoblog 2019 Technology of the Year award for its Cadillac Super Cruise system.

The Cadillac Super Cruise system is the world's first hands-free driving system for the highway and provides Level 2 automated driving. The Super Cruise system incorporates Seeing Machines' FOVIO driver monitoring technology to enhance safety, through direct measurement and enforcement of driver attentiveness to the roadway.

Ken Kroeger, CEO of Seeing Machines, said:

"The Cadillac Super Cruise system has been consistently lauded for its safe approach to Level 2 automated driving. We are delighted to have worked with General Motors to contribute to this award winning system and we congratulate them and all involved suppliers on this achievement."

[base7] 13/1/2019 23:06

Interesting tweet from Canberra this evening which may prelude a specific RNS regarding GM s announcement that Supercriise is bein extended to all models by 2020.
Let's hope for mor good news out of Detroit this week

[blackpudding13] 11/1/2019 15:35

It's great if you need reassurance from a blogger, but I need the company to reassure me with actions

[guyjessep150] 11/1/2019 13:29

Thank you for kindly responding to my questions which were extremely helpful and answered some burning concerns I have been experiencing. Very grateful 😊👍

[cfb2] 11/1/2019 13:21

In layman's terms:
They have consistently fallen short of their financial guidance to the market, even after they have lowered expectations.
They reward BOD and staff with shares for mediocre or lack of performance.
They are not covering their cost base and will not until at least 2020.
They may need to tap the market, or some other source, for further finance later this year.
Their PR department could be outperformed by a lobotomised monkey.
Supposedly any contractual arrangements in the auto sector are protected by secrecy.

[guyjessep150] 11/1/2019 13:04

Can someone in Layman’s terms explain to me why this company who seemingly have a sound, robust business proposition are performing so badly?

I invested back in October when the share price was 6.83p and it seems they’ve been on a downward turn ever since then?

Things looked to be picking up but not as I would of expected.

My lack of understanding is simply why is the share value so low?

In the next 12 months can we expect a vastly improved share value?

Will it require a takeover or on what conditions would it require to see a vastly improved performance?

Thank you in advance for any useful insight.

[supersonico] 10/1/2019 15:37

Good write up.

I would invite Chris @ Safestocks to have a peak at Eden Research where imo a similar growth story lurks.

[zero the hero] 10/1/2019 12:01

Safestocks give a nice read



Auto revenues underestimated

It’s my contention that in the light of the incessant and pressing demand for its technology Seeing Machines auto revenues from 2020 onwards will be seen to be vastly underestimated.

Examining a detailed note from house broker Cenkos dated 22nd June 2018 is revealing. In it, (page 14) analyst John-Marc Bunce predicted auto revenues of A$63m in 2021, rising to A$213m by 2022.

I’d argue that global penetration of DMS as well as Seeing Machines market share of that penetration have been underestimated. That is already becoming clear to industry insiders and will become obvious to investors very soon.

What I believe will trigger it will be confirmation that Seeing Machines has cracked any of the following: another premium European OEM (Volvo or VW), a US OEM (Fiat Chrysler) and a Japanese OEM (Toyota, Honda, Subaru). I don’t think investors have too long to wait

[abid6814] 10/1/2019 11:15

A couple of really interesting observations from CES 19 having looked at Seeing Machines social media on Twitter and LinkedIn.1) I could be wrong but it feels like there is a more significant leadership presence at CES compared to previous years. Struck by Ken's presence and also board members. 2) The presence of Seeing tech both in manufacturer and Tier 1 CES offers3) More random but I do get a sense we are getting some subtle hints on key partners that can't be names in OEM announcements to date from where we are seeing photos from the social media accounts e.g. Byton and Mercedes.Looking forward to a better 2019 than 2018!

[rjcdc] 09/1/2019 17:26

Volume up... need more tomorrow, or better still, some news, to keep this moving.

[tarrant777] 09/1/2019 09:01

As mentioned, high volume today already, but a significant number of sellers. Without them I'm sure that the price would already be up a further 10%.

[seans66] 09/1/2019 08:17

Let's wait to see what happens when the US wakes up. Yesterday's growth started in the afternoon & was probably driven by DMS noise at CES & US investors reacting.

[rjcdc] 09/1/2019 08:10

If volume improves today then I have hope...

Seems good so far.

[goldminer67] 09/1/2019 07:07

This is the first time I've ever posted and I couldn't agree more! I've held for the same period of time and added more since, I just can't let it go and I believe we will all have a good result just don't know when?

[shallwe] 08/1/2019 21:07

As long as they don't issue another fleet update ;)

[bobogyo] 08/1/2019 20:58

Why? Who knows as I still have no reason why this is not up in pounds where it should be. After 4 years holding this share and only accumulated more to the level over 90% of my portfolio, I still have no damn clue of the true potential, still have no idea of the company's financials still have no exact clue who we are working with (and those numbers). Every day is a surprise watching it every hour of the day reading every possible news all I know this is something of a great value dirt cheap for an amazing global product only to believe in. Today the first that I am sure the bottom is over and we are heading to the next highs. Unless they announce another cfo change tomorrow morning, that would be so typical see btw ;)

[genierub] 08/1/2019 19:42

Ken is turning up the marketing heat. This just posted on LinkedIn:



Veoneer share price is sat at $27 per single share on the NYSE and we are sat at £0.047p.

I'm calling this now, this may be one of those special ASOS style AIM gems. I predict this will move massively in 2019.

Someone please explain to me why this isn't sat in the pounds?

[bobogyo] 08/1/2019 15:51

It is now in an impulse uptrend in overall. Next target somewhere 5.7-6.1 this week. Had to wait out but well worth and we all deserve it, enjoy the ride.

[rjcdc] 08/1/2019 15:06

Needs better volume, but the uptick is certainly welcome.

[genierub] 08/1/2019 15:06

That 699K looks like a buy also.

Anyone seen the LinkedIn post from the company posing with a Cadillac CT6 with FOVIO embedded?

The team is at CES2019 and I think the relentless non stop buying is a testament of more people/investors finally understanding how big FOVIO is.

I will not be surprised seeing this in double figures in the short term. I personally wished it was in triple figures like VRS

[genierub] 08/1/2019 13:27

hxxps://uk.investing.com/news/stock-market-news/move-aside-backseat-driver-new-tech-at-ces-monitors-you-inside-car-1419885

[longsight] 08/1/2019 12:58

Putting the brakes on the self-driving car hype

Toyota showcased its accident avoidance technology. While I expected to hear a lot about progress on autonomous cars, Monday seemed to represent a changing down from fifth gear (full autonomy Level 5) to third gear (the Level 3 definition of helping the human driver with some autonomous features). In Qualcomm, Toyota, LG and Ford presentations, there was a lot of talk about co-operation on C-V2X, or cellular vehicle-to-everything technology. This will allow cars to communicate better with one another and even with pedestrians’ smartphones to improve awareness of their surroundings and increase safety by taking evasive action where necessary.

There was also a lot of dashboard display bling on show, with Qualcomm showing off an Amazon-powered console and LG demonstrating a concept of what we will do in cars when we are all passengers — with the windows around us all turned into cinematic touchscreens.