Seeing Machines Share Discussion Threads

[zero the hero] 20/11/2019 08:25

Utter rubbish

[cfb2] 19/11/2019 20:48

Looking through the past few years of news, 10s of millions of share awards have been given to directors and staff over the past four years. These vest over 1, 2 and 3 years. Given the share price's lack of movement over the last month it's possible these were being worked through. If that's what has happened then there wouldn't be an RNS although it would be pretty damning insight from the staff as to the future prospects of SEE!

[dc74] 19/11/2019 17:11

Last time we had a big seller the share price shot up to 12p

[rjcdc] 19/11/2019 12:13

I guess so Zero, but certainly the mood had changed and that’s fundamental here... we needed that momentum and then it paused, and now reversed.

I can’t see how the drop relates to not winning a contract etc, I struggle to see how these were priced in anyway. If it’s an II clearing the books then so be it, they all have investment criteria to follow....

And also, let’s not forget someone is buying them.... so my worry now is whether Lombard are trying to up the stake to force some kind of buy out etc.. then I would be p1ssed.

[zero the hero] 19/11/2019 11:01

Not really depressing, just the market. The 29m sold this morning could (underline could) be the seller closing out as the MM's have let the price bounce back. A good buying opportunity for the astute.


I am miffed though as this took away my slim profits again.

[tarrant777] 19/11/2019 10:56

Brutal sell-off taking place by someone. Of course when the shares are only 4p each, the actual numbers can look alarming without representing huge capital sums (certainly in Institutional terms) but it definitely spooks some private investors who follow the sale pattern and further undermine the price-which begins to look as though it could soon start with a 3.Depressing for many of us rather used to disappointment after disappointment in the last 18 months at least.

[base7] 19/11/2019 10:05

Strange time for a sell off ,following the positive business update ,CMD & a couple of positive interviews -all of which inferred that our short term (apart from long term ) future looked bright.Hopefully our underlying position remains positive & our share price weakness has been caused by manipulative mischief.I doubt whether a panic RNS ,2 weeks after the positive rhetoric ,would help although positive contract news (RFQs,Fleet,Aviation) May hell & the optimists amongst us can still hope for Aviation news on the back of the Dubai Air Show

[zero the hero] 19/11/2019 09:55

There was no trigger for HH to sell in 2017 but they did and the big rise happened after they were cleared. It would not surprise me that Independent are selling out, when we last had visibility they had reduced their holding.

Just the market buying and selling, nothing else.

RJCDC not all signs were positive though, no real news against the back-drop of PM fluffing the Aviation deal with his "shortly" statement. Investors are nervous and confidence will remain so until the BoD delivers on its assertions.

[skinny] 19/11/2019 09:55

Hmmmm and the AGM imminent.

The silence is deafening!

[rjcdc] 19/11/2019 09:30

There was no trigger for this fall so I’m baffled... only explanation i can think of is a fund has decided they need to sell up and move on.

All signals were positive...

[juju44] 18/11/2019 17:27

not good , thats for sure

[dlewis1] 18/11/2019 16:23

I have never seen this amount of sells here before in such large chunks. What's going on?

[rjcdc] 18/11/2019 15:24

Er... wtf is going on?

[skinny] 18/11/2019 14:41

More like 42 million.

[base7] 18/11/2019 14:40

Amazing how quickly a view can be out of date - large numbers of shares being sold at 4.35 but I still assume someone must be buying them ?

[base7] 18/11/2019 14:37

12 million sold for 4.35p so far today & it is a pity that the seller remains,despite the possibility of good news to be announced reasonably soon.Hopefully the buyer continues to soak up the sales but far from ideal.

[brucie5] 18/11/2019 11:06

RJDC: I certainly hope you're right, as my interests are now aligned here, along, increasingly, with SCE. And I wonder, whether, with growth increasingly constricting in the real economy, peeps will be looking to tech companies like these to create value. The UK seems to have quite a few, but as always, it's a question not just of finding the right ones, but identifying the right moment to be in them, and at the right price.

[rjcdc] 18/11/2019 09:23

Profit will come Brucie... after the savings they have made I’m going to push the boat and say next financial year...

The interims this financial year are key... the first real opportunity to put all the savings, DMS legislation, focused target areas, contract wins and fleet updates into one update.... with that, I would expect a revised trading range and closer profit point...

Normally interims are early Jan - so I will adding up to that point.

[brucie5] 16/11/2019 12:16

Anyone here hold shares in SCE? If so, how do you see the relative risk? I now hold shares in both, and there seem to be commonalities: IP, sectoral, large potential markets with regulatory catalysts. As well as history of disappointment, together with no current profit!

[zero the hero] 16/11/2019 11:32

RJCDC -> 7.52

[blackpudding13] 15/11/2019 18:14

Cfb2Licensing could be to a truck(s) manufacturer as we know there is a need because of the law change. Volvo and merc come to mind and with the chip deal done there are no supply chain issues. All speculation but highly plausible imo

[rjcdc] 15/11/2019 14:06

Zero - I have no idea what you mean - I think you need glasses.. ;-)

Yes, you are correct.

[zero the hero] 15/11/2019 13:32

RJCDC your point is valid but just to split hairs, the aviation contract was promised "shortly" was the exact wording. Then in another interview he clarified as you say not this week, not this month but by the end of the year.

[rjcdc] 15/11/2019 12:28

Re the aviation deal, I distinctly remember him saying not this week, not this month but by the end of the year... so why not just wait and see if the end of the year target is hit.

Yes, I know he said shortly... but the end of the earth will be shortly upon us in terms of universal chronology... and contracting timeframes, in this particular part of the global economic cycle, are not quite as slow as glacial shift, but not far off...

Happy to see the share price sitting here... and I do still expect to see north of 6p shortly...