Seeing Machines Share Discussion Threads

[alchemy] 16/5/2019 13:19

Um at a lower price percentage on news may be higher to compensate!

[rjcdc] 16/5/2019 09:15

I’d be a lot happier if the share price would get back to sitting at 5p it has to be said.... I don’t want any OEM news until that happens because even a 20% hike in the share price wouldn’t get it above 4p....

[hazl] 16/5/2019 09:01

Recurring revenues are a good sign and again this shows they are addressing issues....


'Combined Fleet Business Unit (including Guardian, Mining and Rail) revenue to 31 December 2018 increased 22.5% to $8.8 million over the same period last year, resulting in a gross profit of $4.5 million. Significantly, recurring revenue from Guardian services has doubled while the business focused on an operational turnaround during the first half.'

[hazl] 16/5/2019 08:57

The main thing is they are reducing costs and revenue has increased 22 %.
A positive RNS.

[rjcdc] 16/5/2019 08:56

I feel your pain hazl... yes, a contract win would certainly settle the nerves and show that we are very much still in the game...

It’s still a 2020 play unfortunately.... revenue should start looking attractive end of next year and I would expect forecast to be revised upwards at some point....

Just gotta wait....

[tarrant777] 16/5/2019 08:40

How long is it since SEE announced any significant new business win?

[hazl] 16/5/2019 08:31

Hope so RJCDC..my shares worth little at this point I might say.

[rjcdc] 16/5/2019 08:19

It’s the future value of fleet which is important.... revenue should be over $20m next year, with GP over $10m. Still small but on the way to something of high value.....

[hazl] 16/5/2019 08:05

'Combined Fleet Business Unit (including Guardian, Mining and Rail) revenue to 31 December 2018 increased 22.5% to $8.8 million over the same period last year, resulting in a gross profit of $4.5 million. Significantly, recurring revenue from Guardian services has doubled while the business focused on an operational turnaround during the first half. '

[harriiiiddda] 16/5/2019 07:57

Decent update but now sure it's enough to make big change to current sp

[amt] 16/5/2019 07:37

Good update. Get a rough idea of the scale fleet can get too. It looks like hundreds of millions of dollars with 50% GM the potential to make hundreds of millions in profit is I suppise possible in the long run.

[rjcdc] 16/5/2019 07:06

Decent update.....

[rjcdc] 14/5/2019 10:53

Slowly slowly.....

[base7] 11/5/2019 10:05

Volumes were high last week & our share price firmed up slightly ,giving modest encouragement to We long suffering shareholders.We are now fully funded for ,perhaps,18 months,& we are at an inflection point following the major set back & disappointment regarding the major Fleet setback.Our CEO went,along with our then (previously very highly regarded)head of Fleet & both had been awarded vast numbers of shares for nothing.
No surprise that our share price plummeted.
We are still expecting to hear regarding 3 or 4 RFQs by 30/6 ,but unless there is a substantial flurry of activity that target may be missed as News has been slow so far this year.Fleet has been re thought & it will be interesting to receive the long awaited Fleet update (promised by Ken several weeks ago) & I suspect that he is hoping for a large order for Guardian(hopefully to be installed at point of manufacture )before issuing the update.We are still awaiting news of a major rail contact,off-road appears to be performimg well (but not going to be transformational) & we are all waiting for Aviation to ramp up .Much to go for & much potential for fantastic news-but & based on the past,there is also scope for SEE to disappoint.We must meet our massively reduced target of FY19 revenue similar to 2018 & we should hear news of the short term RFQs.Ken must have realised by now,with Jacks guidance,that it is always best to over deliver & under promise & How great would it be for confidence & our share price if we were able to publish a year end trading update announcing that revenues are ahead of expectations .I am heavily committed here & have increased substantially ,again ,at around 3p-so I certainly have a vested interest in our success & we could all do with a confidence boost .

[shallwe] 10/5/2019 12:38

Very high volumes during this week but at a standstill today, so I don't think it's leaving 3p anytime soon.

[derf1953] 10/5/2019 10:21

Ticking up slowly,this could be the signal that we are leaving the 3p station,choo choo.

[base7] 08/5/2019 16:21

Substantial increase in volume & liquidity in SEE over the last few days & hopefully a signal that positive news is due very soon .

[rjcdc] 07/5/2019 12:08

Got your ticket then?

[rjcdc] 07/5/2019 11:38

This is going to leave the station soon...

[blackpudding13] 05/5/2019 20:51

Dont you know that driver monitoring is being made mandatory in new vehicles in Europe, that means its law, so if you make cars in Japan and you want to sell them in Europe you need driver monitoring. Who do we know that makes that? Oh and thats all vehicles, not just cars.

[global nomad] 04/5/2019 08:24

I've noted for a long time that SEE needs to exploit the transition phase between human and autonomous driving. Whats interesting is that this phase appears to be getting longer rather than shorter, the hype has died down, the complex realities of autonomous vehicles become more obvious through the testing going on.

Most manufacturers are focusing on going electric to keep their market position and trying to maintain safety through additional driver aids. SEE would appear to be perfectly positioned, so the share price continues to confound me.