Seeing Machines Share Discussion Threads

[lfc4ever] 18/10/2019 13:35

new research note out from Hyridan apparently-- anyone got access?

[hazl] 17/10/2019 12:06

'The future of smart highways and intelligent transport systems – next stop 5G

With research showing the installed base of vehicle-to-everything (V2X) equipped vehicles will reach six million by 2022, there are more boundaries to be pushed to support effective on-board and roadside communications. The next step will be harnessing the potential of 5G connectivity in Cellular-V2X technology to further improve automotive safety, automated driving and traffic efficiency.

One thing’s for sure, as our highways and cars become more connected than ever before, effective communications will only become even more mission critical.'

from technative

[base7] 17/10/2019 10:01

28p would give us all a fantastic exit (7X for me)but if we reach 28p it will be for a reason & we should all consider & reappraise our investments as time goes by & in the light of new information.I suspect that whatever news propels us to 28p may compel us to remain invested at that level in the hope/expectation of more gains.Fanciful currently,I know,but hopefully a reality in the mot too distant future & certainly not the many years that many of us have now been invested here.

[rjcdc] 17/10/2019 09:06

BP - don’t forget 50% dilution, so equivalent 9-10p last year.

Double figures very doable, yes.

A proper share price (20p+) requires a lot more future auto revenue banked and also for fleet numbers to jump... and then there are the licensing deals...

I won’t sell at less than 28p....

[base7] 17/10/2019 07:57

Just received my invite to CMD & they must have much to talk about as there is a full morning session followed by a light lunch & ‘networking ‘
Hopefully news before then will put meat in the bones

[blackpudding13] 17/10/2019 07:43

It was 14p last year and we have substantially increased our order book so if the licensing deals have us at break even next year we should easily re rate to double figures and thats without any of the RFQ we expect being announced imo

[zero the hero] 16/10/2019 10:10

Double figures is my first target lfc, with a secondary roughly aligned with yours and agreed this year could well see it happen. What combination of events could combine to make this happen?

* Aviation "Cat style" news before year end as promised by CEO
* Statement that no more funding will be needed following the aviation news
* Honda or Toyota tie up
* Volvo, Audi, VW, or Saab tie ups
* GM, Ford or BMW expansions

All possible before Christmas, but many more likely in the new year.

Obviously any of the auto news being allocated to SEYE will work in the opposite manner.

But yes the mood music seems to have definitely changed

[rjcdc] 16/10/2019 09:57

It would be nice but I think 15p is pushing it without some seriously good transformational news - followed quickly by a revised breakeven statement... maybe by next summer...

Possibly 9-10p by Xmas but it has to say goodbye to 5-6p first and that will require good volume.

[base7] 15/10/2019 23:08

Great news Mira & taking us closer to the long awaited inflection point.Auto manufacturers who have no solution as yet will have to come off the fence soon & hopefully the outstanding RFQs will all be wins for SEE & some of existing contracts will be expanded,perhaps substantially.If we can also win a couple of decent contracts in Japan,the value of our Auto contracts won could increase to A$350-A$400 mill,apart from the revenue for engineering works,Fleet continues gathering momentum & the 'expected' Aviation licence/licences will materialise & if this scenario presents our share price will surely revisit 10p.Next year could be Big for SEE but not without risk ,which is why the potential reward is so attractive

[rjcdc] 15/10/2019 23:05

I wonder if this will give us the volume needed to get past 5p in the next two days....

[mirabeau] 15/10/2019 18:30

15th October 2019

I can now confirm that the new European Union ‘General Safety Regulation’ rules are set to enter into force in January/February 2020, then start applying 30 months later.

The process, I’ve been told by an EU spokesperson, is as follows:

- The Council of the EU decides to adopt by accepting the European Parliament’s (EP) amendments to the Commission Proposal (8th November)

- Then the act is signed by the President of the EP and the General Secretary of the Council in the week beginning 25th November.

- Within a month it gets published in the Official Journal of the EU. The act in this case provides that it enters into force (obtains legal existence) 20 days after publication in the OJ.

The act also provides for a 30-month transitional period for most provisions, which means it will only start to apply 30 months after entry into force.

Note: the exact date(s) will be known only once the act has been published in the OJ as all deadlines depend on that date.

2020 the year of DMS

Enough of EU procedures: the good news is that from 2020 there will be a legal requirement for all completely new car models to have systems to monitor drivers for drowsiness and also distraction by June 2022, while even refreshed models will have to comply by 2024.

Euro NCAP, which has traditionally set car safety standards well beyond legislative requirements, is pushing equally hard for advanced driver monitoring. It is developing test and assessment protocols that will be introduced at the beginning of 2021. Moreover, requirements to measure driver distraction and fatigue/drowsiness will be built into Euro NCAP’s 5 star safety ratings from 2022.

Thatcham Research, is also working with Euro NCAP to develop testing protocols to ensure future cars have effective driver monitoring systems.

While these regulations and standards are intended to be ‘technology neutral’, it is now obvious that the only technology that can effectively meet these requirements is camera-based DMS.

This is very positive news for Seeing Machines, in particular, and I’m expecting some big auto contracts to be announced soon.

The writer still holds SEE stock!

[zero the hero] 15/10/2019 10:38

It came out via safestocks some while ago. There is zero evidence because the offer was never formally offered.

[lfc4ever] 15/10/2019 09:30

when was the Bosch offer? What is the source for that?

[skinny] 15/10/2019 08:19

50K on NEX - hardly mega bucks.

[rjcdc] 15/10/2019 08:16

I see all those mega bucks are hitting the market....

no trades so far

[brucie5] 15/10/2019 07:41

Thanks zero, most helpful summary.

[zero the hero] 15/10/2019 07:23

There is also another way to value this company. Last year before its troubles and when the share price was on the rise Bosch made an advance to the company offering 17p which was refused and un-tabled. This was prior to the large sell off and this years money raise so adjustments to the negative have to be made for the dilution --> 12p(?) and then adjusted for the gains since the raise that added value.

Then there is a price based on future speculation alone.

Brucie you also ask why the fall, well I think it can be summed up in three parts. 1/ the components supply issues from May 18 2/ Fleet then failing to cover the bloated running costs of the company 3/ Running out of cash and going back to the market at a low price. Why is that different now? Each of those problems have been addressed and the company 1 deal from actually turning a profit, this is absolutely essential to the share price rising back to double figures again and it seems a touted aviation deal will do this and then as the CEO said will cover the need for additional finance.

[base7] 14/10/2019 22:37

Many of us have built up large stakes over several years having seen the potential far too early .my view is that the next few months are pivotal & if all goes well our share price could soon be substantially higher & we are now up around 60% from our recent lows over a relatively short period & with much more to go girl.Good luck with your investments .

[bwana mkubwa] 14/10/2019 21:59

Have been scouting around looking for a tiddler thats going to make a fortune for me, could this be the one, thinking of investing with some mega bucks in the morning!

[brucie5] 14/10/2019 17:13

Thnks both.

[base7] 14/10/2019 16:36

Brucie5-the closest comparable company is probably Mobile Eye,acquired a couple of years ago by Intel for around $12-$14 bill.They were probably a year or two ahead of where we are now ( from a revenue perspective & I am not suggesting that we are worth anything like the same amount , but if we are still independent in a couple of years it will be interesting to see what our value may be -particularly if we can stay ahead of The pack technologically & our key divisions show solid growth.

[supersonico] 14/10/2019 16:00

Brucie5,
Their are no industry piers.
Take out value ..anyones guess..look at some of S2020 figures on LSE for a breakdown.
High due to Fleet carrying company through to profitability/ Take Over talk / Toyota /VW deals etc
Fall mainly due to Fleet..was thought to be able to carry company through until big Auto revenues arrived but did not prove to be so robust.
We are told that Fleet is fixed but we are waiting on deal/s that demonstrate that and also that no further fund raises will be needed.
Once that assurance is announced then we should, baring any other bumps..be on our way to new highs...we hope

further reading

[brucie5] 14/10/2019 14:34

Can anyone suggest to me how this is to be valued at current time, and why? Eg., industry peers, take out value, revenue projections etc.? The chart looks sweet, not quite sure why the precipitate fall from 13p to 3p.