Seeing Machines Share Discussion Threads

[seans66] 06/11/2019 17:37

Very happy to have attended the CMD today, feel very confident moving forward. Great presentation by semicast on why SEE is in the right place at the right time.

[zero the hero] 06/11/2019 10:57

PM's statement is interesting:

"We continue to work with Aviation partners to develop commercial relationships to accelerate mass-market opportunities for our Crew Training System.

Our strategy is now set in three major transport verticals - Automotive, Fleet / Offroad and Aviation - each with a significant growth trajectory and a refined business model. Importantly, this provides diversification in cash generation and minimises risk around timing, segment and customer concentration."

After the Alaska Airlines RNS there was speculation that that was the big news we are waiting for, another damp squib! However this statement tells me Alaska was just a sideshow. The plural, and the emphasis on "significant growth trajectory" tells me there is much more to come.

Just give us some numbers SEE!!!

[zero the hero] 06/11/2019 10:45

Now that is a large trade just gone through, and the price does not budge. A worked sell of 13800000 from the last couple of days is my guess based on the matching smaller large trades at 4.6 that have happened at the same price and also not budged the share price Could easily be the other way round of course and does not really matter.

Back to the RNS, the element that is lacking is hard facts. The company hide behind NDA's too often but with Fleet why can't the numbers be given? This company just do not care about the Investors and it shows in each and every RNS.

[abid6814] 06/11/2019 10:32

The orders will be delivered in batches. I imagine it's a large order that will be delivered over the foreseeable future until any further design or unit changes.The key aspect of this specific announcement is that the cost saving is material and significant in the context of what we know about a)current cash b) uncertainty around what takes us to break even and profit without further fundraising c) an aviation licencing deal/s should further reassure when confirmed further dilution unlikely.Looking forward to hearing what comes out of the CMD.

[mdchand] 06/11/2019 10:26

I hear you and just because they may be ordering 40m worth of stuff, doesn't equate to bottom line revenue, as they could be selling each at a loss. Or, they could have over estimated orders for 2020 and be left with millions of stock.

Still, all that said, the stuff with insurance companies is very interesting. Safety might remain the key driver of Guardian, but if the cost of implementation moves closer to net neutral through cheaper fleet insurance (anyone know how much it costs to insure a fleet of lorries) the financial reasons for using Guardian become a lot more compelling.

As you say though, all speculation (but atleast positive speculation supported by strong 'historical' revenue growth).

[rjcdc] 06/11/2019 09:08

We shouldn’t have to derive numbers tho MD - and from that we cannot calculate number of installations and cost per unit.

It just wouldn’t be hard to provide a monthly update.... unless it’s not really going up.

[mdchand] 06/11/2019 08:52

Perhaps they did give us numbers. A 21% saving of $8.4m for Guardian implies an order of $40m for the next calendar year 2020. This compares to FY 2019 (to Jun 2019) sales of $13.7m for Guardian. A pretty sizeable jump indeed, with a lot of recurring income subscriptions.....or is that too simplistic? Happy to be corrected.

[rjcdc] 06/11/2019 08:05

They just keep refusing to give us hard numbers.... how difficult would it be to say there are x installations currently?

[mirabeau] 06/11/2019 07:56

I can't work out the maths but it does look like Fleet is now firing on all cylinders according to some LSE posters with a far better judgement than me

[base7] 06/11/2019 07:52

Very positive statement & probably a bit too early in FY20 to increase expectations for revenue & fleet units to be installed by 30/6/20.Quiet on Aviation & I am sure PM will be questioned extensively about the imminent licencing contract-which I reckon will still be "imminent" but clearly with an extended timescale-which may result in PM being a little less enthusiastic (publicly) about deals not yet signed.Planned on attending todays CMD but unfortunately I have had to cancel so looking forward to feedback from any posters who are attending.

[skinny] 06/11/2019 07:08

.

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, provides a business update ahead of its Capital Markets Day being held in London today.

Highlights

§ Automotive supply chain strengthened through renewed supply agreement with Xilinx

§ Guardian hardware cost reduction following collaboration with manufacturer

§ Growing momentum in Fleet through increased network of distributors and expansion into additional fields of use

more.....

[unionhall] 04/11/2019 21:51

Many people on the LSE BB are going - perhaps check in with them...

[seans66] 04/11/2019 15:08

it's definitely on. maybe email her again. it's starts at 9.45am in the city.

[gnnmartin] 04/11/2019 15:07

SEE are holding a capital Markets day on Wednesday. I sent an email to [e-mail] asking for details, and for permission to attend, but have not had a reply. Anyone know anything about this?

[rjcdc] 04/11/2019 14:31

That’s a nice platform for the share price to launch from... much more preferable to the one below 4p..

News to fuel the launch....

[rjcdc] 31/10/2019 09:17

That’s a sign alright...

I was thinking the least we would get is some sort of trading update although that would be against the grain for them....

Just feel like they could do more to maintain momentum - even if it’s just fleet numbers (20k yet?)....

[base7] 31/10/2019 08:42

Chances of a stellar RNS ahead of the CMD are receding as now only 4 trading days to go -although we live in hope .A trading update at least confirming that FY 20 has started well & ,at least ,Fleet is expected to exceed expectations .As we know -always best to over achieve than over promise & we are currently in dangerous territory whereby PM has over promised .He needs to pull a rabbit (or two) out of the bag by next week to justify the CMD &cost of him & Team travelling to London next week.Lets hope they have contracts to sign by CMD

[rjcdc] 31/10/2019 08:08

Volume completely dropped off, no buy or sell pressure it seems...

Just sitting still, waiting for a sign.

Zzz

[mirabeau] 30/10/2019 09:52

RE: 2019 Annual report releasedToday 09:54
'9 ongoing Automotive programs

Expanded programs for future generation Driver Monitoring Technology has validated the world-leading
technology developed by Seeing Machines.'....

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sounds exciting !!!

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and more -

schlemiel

Posts: 3,459

Price: 4.65

No Opinion

RE: 2019 Annual report releasedToday 09:52
The company’s machine learning vision platform has the know-how to deliver
real-time identification and understanding of drivers and operators through
Artificial Intelligence (AI) analysis of heads, faces and eyes. This insight enables
Driver (and Operator) Monitoring Systems (DMS), which monitor driver/
operator identification and attention and can detect drowsiness and distraction
across multiple transport sectors.

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SEE does produce facial recognition to confirm driver identity

[rjcdc] 28/10/2019 09:46

Seems like the share price held up in my absence.... heres to an exciting couple of weeks/months ahead....

#8pbyxmas

[sibeks] 28/10/2019 00:12

Thumbs up - good news for SEE

[mirabeau] 26/10/2019 22:46

2020 Arc Centre of Excellence etalToday 22:42

2020 ARC Centre of Excellence for Transformative Meta-Optical Systems

The ARC Centre of Excellence for Transformative Meta-Optical Systems will develop the next-generation of miniaturised optical systems with functionalities beyond what is conceivable today. By harnessing the disruptive concept of meta-optics, the Centre will overcome complex challenges in light generation, manipulation and detection at the nanoscale. The Centre brings together a trans-disciplinary team of world-leaders in science, technology and engineering to deliver scientific innovations in optical systems for the Fourth Industrial Revolution. The research outcomes will underpin future technologies, including real-time holographic displays, artificial vision for autonomous systems to see the invisible, and ultra-fast light-based WiFi.

Funding: $34.9 million over 7 years
Centre Director: Professor Dragomir Neshev
Administering Organisation: The Australian National University

Participating Organisations:

The University of Melbourne
RMIT University
University of Technology Sydney
The University of Western Australia
California Institute of Technology, USA
University of Cambridge, UK
Northwestern University, Illinois
National University of Singapore
Friedrich Schiller University of Jena
Duke University
University of Oxford, UK
The Ohio State University, USA
University of Central Florida, Orlando
Tsinghua University, Beijing
University of California, San Diego
City University of New York, USA
Sun Yat-sen University
Seeing Machines Limited
IEE S.A.
Thermo Fisher Scientific, USA
Hort-Eye Pty Ltd
Australian National Fabrication Facility Limited
Melbourne Centre for Nanofabrication
Questacon

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Seeing Machines is on this pretty exclusive list of research universities and institutions



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RE: 2020 Arc Centre of Excellence etalToday 22:45

Very exciting for SEE and its area of expertise

The Australian National University has been given a grant of $34.9 million by the Federal Government to set up the Australian Research Council Centre of Excellence for Transformative Meta-Optical Systems.

The centre will research monitoring systems for safer driving, moving holograms on smartphones and super-fast light-based WiFi. Other institutions partnering in the project are the University of Melbourne, the University of Technology Sydney, RMIT University, and the University of Western Australia, as well as industry and universities from six other countries.

Professor Dragomir Neshev, who will head the research centre, said it would make Australia a leader in optical technologies for the fourth industrial revolution.

“We will help create optical systems that empower autonomous vehicles, artificial intelligence, augmented reality, wearable sensors and remote sensing," he said.

“The centre will help develop real-time monitoring systems for driver fatigue to keep people safe on our roads. It will lead to smaller, smarter, faster and cheaper wearable optical sensors to better monitor our health.

“It will also produce holographic displays and augmented reality for more immersive and powerful education in our classrooms, and laser tech that makes autonomous vehicles better at predicting and avoiding hazards.

“And it will underpin light-based WiFi – which is a thousand times faster than current technologies – to be used in our mobile phones and laptops.”

ANU Provost Professor Mike Calford said: “This research centre will help revolutionise how light is used in ways that can have significant impacts for everyday Australians.

“This includes less invasive medical diagnostic tools that scatter light through the body to detect disease.

“This revolutionary new centre will help strengthen Australia’s very own knowledge economy – setting up a global epicentre for light-based research and development that will develop the products of tomorrow, today.

“Currently, light underpins industry worth approximately $1000 billion to the world economy.

“This transformational leap will make Australia’s economy stronger, enrich daily lives and create a safer environment that cannot be achieved with today’s technology.”

[alchemy] 26/10/2019 20:42

I bet graphene engranages would be great . Off to the TV.