Seeing Machines Share Discussion Threads

[cfb2] 15/7/2019 20:38

I've failed getting a definitive answer from SEE but usual for installation costs to be recouped over the duration of contract.

[supersonico] 15/7/2019 19:19

cfb,

Indeed a positive EOY RNS will I agree be critical for confidence to be rebuilt.

I don't know better regarding the Telematics costs but I'd be interested to know why you believe they are upfront?.

[hazl] 15/7/2019 19:19

Rather than a mug, perhaps a cup and handle when the time is right! SEE

[peterbarnet] 15/7/2019 19:04

Only MUGS punting on this GUTTER STOCK! Wake up and smell the coffee! lol this will be SUB 1p soon

[cfb2] 15/7/2019 18:33

hazl: I was invested in SEE for a number of years and sold after the announcement of the last funding. I knew the funding was coming but was surprised by the lack of support from institutional investors. Combine that with the news of departures by senior staff. People don't leave a company if they think their share holdings are imminently going to be worth something. Anyway, I hope your investment/risk timing is better than me as I made a loss when I sold!

supersonico: Good question. I'll be looking closely at their EoY RNS to see whether fleet revenue really has improved. Long term telematics should produce a regular steady income but I believe costs are upfront to SEE, unless you know better?

[supersonico] 15/7/2019 17:28

Cfb,

How do you view what looks like a recovery in the Fleet vertical with the compounding revenues and new Telematics partnerships?. Mix Telematics etc

[hazl] 15/7/2019 17:06

What I find sometimes is that it's never quite the right time cfb2, and then if you're anything like me ....you forget all about it and the stock goes up with out you.

Anyway there are always highs and lows in these kind of stocks.
Let's hope all this speculation gets us somewhere!

[cfb2] 15/7/2019 16:54

The RNS clearly states the Volvo contract has not been awarded yet. A modicum of ambiguity was added by using the phrase "...no award has been confirmed." along with the speculation that SEE "doth protest too much" and also took the opportunity to remind investors it's not just waiting on Volvo.

Personally I interpreted the RNS as SEE are still in the running, clearly good news, as well as other potential wins. Prior to KK leaving he had expected a few contracts to be signed before the end of June and I'm sure Volvo was one of them.

However, what we have seen so far is a limited rollout of the technology in a range of car models and I'd expect Volvo to follow this line with sub-£10m value. I'm expecting a trading update next month and my worry is the decision timeline for manufacturers combined with the contract values and SEE's burnrate will make sobering reading with the likelihood of another round of funding. I'm not currently invested as I consider the risk too high at the moment.

Another area I've seen investors commenting on is SEE "under reporting" contract values. I think this is SEE being prudent, unlike some of their competitors, as they expect manufacturers to roll out the technology onto other models but we'll be looking at 5+ years for that to happen.

[peterbarnet] 15/7/2019 15:44

The lads down the pub are going to SHORT this all the way back down to SUB 1p

[peterbarnet] 15/7/2019 15:43

It's starting to retrace now

[peterbarnet] 15/7/2019 15:43

Yes "simples" but a MUG like you can't understand that can you?

[peterbarnet] 15/7/2019 15:29

Mike pure and simple this is a turkey, it's dropped from 12p to current level. It's in the GUTTER NOW, only MUGS taking a stake here. You'd have more chance of betting on a 3 legged greyhound

[warrior mike] 15/7/2019 15:13

Peter I have thoroughly researched, communicated with with and invested in this company for the past 6 years. I would be genuinely interested in hearing which parts of your research lead us to different conclusions over their future prospects?

[peterbarnet] 15/7/2019 14:46

This is a GUTTER STOCK NOW! It's over valued and SUB 1p fairer value IMHO

[skinny] 15/7/2019 13:55

free stock charts from uk.advfn.com

[simonh88] 15/7/2019 13:52

The Barnet bell-end strikes again

[redchef] 15/7/2019 13:26

PeaHead the most you can hope for is a pullback approaching 6p before onwards and upwards into double figures. Look at the chart and see where the support and resistance is going to be

[hazl] 15/7/2019 13:15

Don't worry he is of little consequence and is appearing every where.
He was given the elbow at GGP I think he was even moderated.

[peterbarnet] 15/7/2019 12:57

This looks great for a SHORT! SUB 1p ?

[peterbarnet] 15/7/2019 12:57

UP YOURS ! Your a nasty piece of work

[mirabeau] 15/7/2019 12:51

He's a tit