Seeing Machines Share Discussion Threads

[master rsi] 08/7/2020 16:09

and the bid goes to 3.30p, meaning is up for the day now after the paying of full offer for some time

3.30 v 3.35
16:08:17 - 14,925 at 3.35p
the intraday chart does not show the rise

[rjcdc] 08/7/2020 16:01

Might even end up on the day...

[master rsi] 08/7/2020 15:30

A good string of buyer for some time this afternoon and the share price has corrected the marked down during the morning

[drsandwich] 08/7/2020 12:04

Agree there are good contributions on here and are much appreciated. Also agree the latest announcement sounds ok - there are many good companies taking a big hit on revenues right now so for see to predict no major impacts is a good place To be.

[abid6814] 08/7/2020 11:29

An investment in Seeing is pretty binary. You either believe the story and accept the stringent NDA principles in place or you don't.There have been bumps along the way some of the company's own making others based on the wider ecology.I'm invested for the long term and if See can navigate a challenging next 12 months without too many bruises it should be well placed to reward long term patient (suffering!) shareholders.I post here but normally use the LSE site for my reading on See but always nice to see Lewbo and Seeing2020 pop over here occasionally too!

[shallwe] 08/7/2020 11:22

I've noticed the thumbs down too Lewbo. Very strange behaviour. Possibly Smokey Joe or Stevey boy?

[skinny] 08/7/2020 11:14

Yes - bewildering - why on earth are they here!

[lewbo18] 08/7/2020 11:06

Re: people giving some posts a thumbs down.Looks like you have to be a premium member here to do that. There are a few here and seem to do it even to links about SEE. Strange?

[drsandwich] 08/7/2020 10:32

I think it’s quite hard to predict how the technology will compete in several years time - there are others working hard in this space. If it was a simple picture of Worldwide Demand for dms Driving sales for see then I think the share price would be much higher. I guess the numbers in the statements will speak for themselves sooner or later.

[skinny] 08/7/2020 10:19

Succint post Lewbo18.

[lewbo18] 08/7/2020 10:05

Trader, not sure what you wanted included in the rns apart from what they said?I thought it was positive. SEE cant tell you its the Ford F150 or Mach-E. Ford themselves only tell you whats in it at launch. Remember SEE contract with the T1, not with the OEM. Veoneer have not said they have a DMS system with Ford. They say as SEE do, "with a major US based international oem".So NDAs are in play. Until they are not. Which in the case of GM it was when the CT6 was on the road. Perhaps going forward those NDAs may change.SEYE have a much better PR set up but notice they havent said which OEM they are in until they are on the road. Having said that apparently they are on the road in 6 or more cars but consider the press they have compared with the CT6 alone. I cant name SEYE wins? The only T2 that has stated an OEM at win stage was SEYE with Geely. But thats gone quiet now.Sorry about the long read here but SEE are quietly going about their business which i agree is frustrating which we all feel.

[shallwe] 08/7/2020 08:22

Lewbo is one of those annoying people who is usually right, mostly all the time, ignore him at your peril.In my 5 years in SEE, I have unfortunately learnt the they very rarely issue an RNS, let alone one that is of a stratospheric nature.However, if you believe in their technology being world beating, and the demand for this technology in all travel sectors, then stick around, but as usual, DYOR.

[master rsi] 07/7/2020 22:38

Post 15710 - SPAM

[skinny] 07/7/2020 12:38

There are some very odd people on these boards, constantly marking down posts.

[skinny] 07/7/2020 12:22

Agreed - I've been here since 2014 (7.95p) and it is very frustrating.

[rjcdc] 07/7/2020 12:10

I’ve spent 4 years researching this company, it’s my only investment.

On paper, it has a tremendous story ahead of it... the company just need to provide some words.

[lewbo18] 07/7/2020 11:49

So, -USA legislation pushing on,-EU legislation set,-ENcap probably 12 month extension for those whinging OEMs that didn't realise DMS / DSM monitoring was needed, -Active in RFQs (not RFIs). Progress and information for those that perhaps don't do as much research as some on this board. All positive IMHO, DYOR

[master rsi] 07/7/2020 10:33

Cenkos their own web site

From behind the scenes:
The ‘Moving Forward Act', the strongest automotive safety bill in decades, has now been passed in the House of Representatives. The bill is focused on advancing safety technologies proven to reduce crash and harm and to make sure strong safety standards are in place to save lives. The bill, which now needs to be passed in the Senate, will mandate automatic braking, lane-keeping, blind-spot detection, event data recorders as well as DMS in all cars and trucks sold in the US from 2024. This aligns with the European General Safety Regulation, which passed into law in November 2019.

However, in the EU, the European Association of Automobile Manufacturers (ACEA) has requested a 2-year delay for the introduction of the 2022 Euro-NCAP protocols due to the projected lengthy time that will be needed to recover from the effects of COVID-19. Euro NCAP has agreed, and a delay is now expected to the 2022 and 2024 rating. The new dates will give automakers and Tier 1 suppliers more time to incorporate the necessary changes given the events of recent months with a number of manufacturers announcing 12 month delays to new models.

[tradermel] 07/7/2020 09:53

RJCDC
7 Jul '20 - 07:08 - 15696 of 15703
Not sure why they’ve released that non news....

....................

Typical SEE, quick to dissapoint and always holding back worthwhile "imminant" good news. This may not be of SEE's doing, but it is typical of this dissapointing stock. I rue the day I bought into these chumps.

[master rsi] 07/7/2020 09:10

needs sign up to open research......

Cenkos: Seeing Machines Ltd -- USA to mandate DMS from 2024
Seeing Machines | SEE | 3.4 0 (-0.7%) | Mkt Cap: 112.7m
Cenkos Securities - John-Marc Bunce
6 pages


Comment on USA.
We had expected the USA to follow the EU’s lead in mandating various new safety systems that are proven to save many lives. The rhetoric from the National Transportation Safety board was quite clear particularly regarding the benefits of DMS not just in improving the safety of semi-autonomous vehicles but for all vehicles. Interestingly an alternative bill, called the AV START (American Vision for Safer Transportation through Advancement of Revolutionary Technologies Act) proposed by the autonomous vehicle tech industry has stalled demonstrating that the move to safer vehicles is an unstoppable force, but that the implementation of new autonomous vehicle technology is not considered so safe or easy. This is a major blow to tech companies that have invested many billions to date and achieved virtually no revenues.

Comment on the EU:
We are unsurprised at the delays to the Euro-NCAP protocols as manufacturers were already under pressure and lobbying against the timeline.
COVID-19 has increased the pressure on automakers with a number of recent model launches delayed by 3-4 months and so Euro-NCAP is offering a release valve and we expect it to agree a one-year delay. Despite this, Seeing Machines does not expect any material impact to the Company’s near-term forecast for Automotive revenue.In particular, this does not affect the EU General Safety Regulation mandate which is not expected to change. The announcement by Seeing Machines notes that the ongoing work and projected timeframe for ongoing and potential new programs will remain largely on target resulting in little or no impact to projected revenue for the next two to three years.

Overall, we see the net result of these two forces as very positive for Seeing Machines, especially considering it is already working with all three USA based manufacturers.

[srpactive] 07/7/2020 08:56

R & S

Yes fair points, but I would presume it is quite difficult trying
to find something very positive regarding contract wins, especially in such a
terrible time when the world has stopped and companies a little uncertain
going forward at the moment. Will be better son, but for me a little
patience is needed, although I must admit I only started buying in the
2p region.

active

[skinny] 07/7/2020 08:51

Yes - nothing of any substance since January.

[rjcdc] 07/7/2020 08:48

It is positive yes, but it was already known about. It’s more worrying that they haven’t released anything of substance (new contracts etc) for a long time now... even receiving the $5m would have been RNS’able...