Seeing Machines Share Discussion Threads

[base7] 31/7/2019 09:23

USA is a massive country & bus & coach travel there is big business ( even if not particularly profitable).First are already clients of our & are one of the biggest operators in the US & I cannot imagine what the barrier to our securing substantial deals there is - unless there is a viable & cheaper alternative ,as road safety for carriers of people must be of paramount importance to both the operators & the travelling public.

[sarumike] 31/7/2019 08:48

I'm guessing figure of 30500 is worldwide. Seeing as 23% of revenue is UK based, they probably have a fleet of 5-10k vehicles in UK.However they also say they have over 550 vehicles on road each day. So 700 vehicles with our tech sounds like most if not all of their operational fleet.Wonder if we'll see future business for their operations in Spain and USA?

[hazl] 31/7/2019 07:48

Great posts thanks people.

[zero the hero] 30/7/2019 19:01

14367, that is not what their website says:



"We have a fleet of over 30,500 vehicles", whether hired or owned it makes no difference as shallwe suggests

[rjcdc] 30/7/2019 16:19

V positive day, and this isn’t really the big news that’s expected....

Another go at 4.5p would be a very strong signal..... if we can keep this up to the finals then momentum could really get going.

[shallwe] 30/7/2019 16:06

They are a coach operator. They don't have to actually own the coaches, they can lease them, the same as airlines do. I do not know whether they actually own or lease them, however they can still insist on Guardian being installed though, which obviously they have.

[trewsa] 30/7/2019 14:49

Very interesting.As far as I know NE don't actually own any coaches.

[base7] 30/7/2019 12:35

Several Directors & PDMRs bought in the recent placing ,including Nick investing £100k.Paul could have bought then but chose not to & I agree that he is unlikely to be able to buy in the market currently as we are in a close period & there are ( hopefully ) several price sensitive deals being worked on & almost ready for RNS.However,the company could issue shares & options to him & my point is that while confidence is being restored & momentum gathering Paul would rather be issued shares at 5p than 10p , which could be our share price in a few months time -so I would expect him to be pressing for an award,the only prob being that our Board, currently consists of Paul & Non exec Chairwoman -so not sure who may be on the Remuneration Committee

[zero the hero] 30/7/2019 12:07

Is it possible that Paul McGlone is not allowed to buy for fear of allegations of insider trading? If he is aware of information that will transform the share price (Fleet substantially altering its financial direction) and being the person responsible for that change, is he allowed to buy?

If the CEO buys and reports are positive and the price goes up, does anyone really believe that was not done based on knowing that the report would beat expectations and be viewed as very positive?

I would like to see him buy but we think there is so much he is involved with that is likely to increase the share price I feel he is probably locked out. If this is the case lets not begrudge him any free allocation of shares.

[base7] 30/7/2019 11:24

The last fund raise was only 4 months ago & the expectation was for the funds to last for 18-24 months assuming no change to our then projected business plan. The deals announced since then should result in increasing revenues & cash flows above previous expectations which,in turn, should bring break even closer.I would be staggered if another fund raise was to be announced any time soon.Paul maybe lucky in that the recently announced deals would have all been bubbling under while KK was CEO but Paul may be more positive in respect of improving shareholder value.My concern regarding Paul is that he currently owns no shares & ,if I were he , i would want an award to be announced pretty quickly ,if he anticipates a ramping up of positive newsflow,in order that his award will be made while our share price is relatively modest.When made I also hope that the award includes reasonable attainable hurdles regarding our SP,rather than just free shares.

[kreature] 30/7/2019 10:42

Can you imagine the publicity surrounding the EU driver monitoring vote in just a few weeks from now. This is the biggest thing since the tachograph, on all EU roads. The 54 week high is 11:55, so I think there's room for improvement before the EU vote. It's just obvious. Hope they don't spoil it with a placing. DYOR etc

[kreature] 30/7/2019 10:28

It probably tells us that the EU will likely vote in favour of mandatory driver monitoring when they vote in just a few weeks from now. Clearly it's not fair on other road users if HGV drivers are hurling around the M25 after a poor night's sleep

[hazl] 30/7/2019 09:40

And Congratulations SEE!

[tomgun70] 30/7/2019 09:19

Being the little busy body I am,thought Id contact the UK press about this great advancement in transportation safety considering all the negative press it's acquired over the past couple of years.Congratulations National Express for coming on board,a great British institution with customers in mind.

[kreature] 30/7/2019 08:37

I just have an open mind. There's no bus company better known and more respected in the UK than National Express. Other bus companies will now follow, and more importantly if they don't, they could risk looking negligent, IMO

[hazl] 30/7/2019 08:27

Polite question have you had a change of personality? 8-)

[kreature] 30/7/2019 08:22

National Express was always the ultimate in the UK. They have such a well respected brand. Now everyone will follow. Good job here. IMO only. DYOR

[hazl] 30/7/2019 08:09

Paul McGlone, CEO of Seeing Machines, said: "National Express operates a sophisticated, multi-national organisation. Safety is paramount when individuals entrust you to get them from point A to point B, and that's where Guardian steps in. National Express will leverage our leading Guardian solution to improve the working environment of employees and the safety of passengers.

"Our engagement with National Express signifies the growing adoption of our Guardian technology in the bus and coach sector, as we continue to grow our client base in this transport segment with many large well-known global brands."


....continue to grow our client base....note

[hazl] 30/7/2019 08:01

The UK's leading coach operator has selected Guardian, Seeing Machines' driver monitoring technology for commercial transport, to aid prevention of driver fatigue and distraction as a further enhancement to its current industry-leading safety measures.

The contract represents a four-year TERM

[hazl] 30/7/2019 07:59

IT is a bit OT
look at this amazing!

[base7] 30/7/2019 07:35

A great contract but I am sure we will also use this deal to secure deals with other coach & bus companies around the World.Tragic accidents happen daily due to driver fatigue & if I was using a long distance coach I would rather travel with a company offering an excellent DMS ,even if I had to pay a couple of quid more than any cheaper competition & I am sure the client will use their new DMS as a marketing tool .More positive RNS s expected over the coming weeks & perhaps The Market will wake up to our substantial potential

[mirabeau] 30/7/2019 07:32

Read Paul's comments about 'leverage' and the mandatory nature of DMS in the EU and the rest of the world. Expansion is on the cards (as driven by State regulation. In effect demand is guaranteed) and the opportunity for SEE is huge. No wonder they raised £30m + to execute their plans

[dplewis1] 30/7/2019 07:12

Yep, keep em coming.

[global nomad] 30/7/2019 07:08

Another good fleet order .....