Seeing Machines Share Discussion Threads

[cfb2] 12/8/2020 11:42

Achievement of the following TSP performance is required for each tranche to vest:

Tranche 1: GBP0.061 (MISSED)

And it was missed by a mile. If the TSP had reached 5.49p then 90% of shares would have vested but that was failed too. At the time I had assumed it was an easy target.

There is the possibility of getting 50% of the shares in that tranche as a retest if the 6.1p is achieved in the next 2 years.

At the time these targets were seen as too low and why a sizeable percentage voted against them.

[topnotch] 12/8/2020 11:08

Chartwise, the 25 day EMA seems hove crossed the 100 day EMA (which is a good sign) and bizarrely seems to be in a solid upward trend (hope I don't jinx it)

[rjcdc] 12/8/2020 09:48

Tell us anything... I just looked - no real news since last sep 19...

Anything I say - What about the driving simulator - is that complete? (These additions include work in progress in relation to construction of a new driving simulator, which commenced in October 2019. This project is expected to be completed in June 2020)


At least they expect the share price to be 15p by July 2025...

Achievement of the following TSP performance is required for each tranche to vest:

Tranche 1: GBP0.061 (MISSED)

Tranche 2: GBP0.076

Tranche 3: GBP0.095

Tranche 4: GBP0.119

Tranche 5: GBP0.149

[rjcdc] 12/8/2020 09:29

..just bumbling along..you can see the pattern above - a brief upshot followed by a longer decline...only each time slightly higher than before. Pattern won't change until the company gives up some real news, or raises its forecasts.

until then we bumble...

[skinny] 11/8/2020 11:45

Pretty decent volume for this time of day.

[skinny] 10/8/2020 23:11

I'm not sure which of AFC & SEE is my most under performing long term hold!

[rjcdc] 10/8/2020 23:09

Yep, agree with all that.

I think they are sitting there with their fingers crossed.

The NDA thing I get, but there are many ways of instilling confidence... no. Of RFQs, no. Of models associated with, timelines for production/revenue etc.

I also note that Sophie has liked a tweet which effectively says SEE are in the F150 and Merv - so is that allowed?

No consistency and no enthusiasm.

[tradermel] 10/8/2020 22:33

RJCDC - 15872

In response, I have read all the positive LSE Drivel, but none really explains my last post.

I get the NDA aspect not wanting to risk the future but at the very least PM could have clarified the need to not need a future fundraise, but he could not be bothered. SEE just don't give a sh1t about their investors, just like PM won't put his hand in his pocket, the reason is obvious, he's doing nothing to boost the share price any time soon.

[rjcdc] 10/8/2020 21:26

Exactly how I feel skinny.... just imagine if we weren’t Market leaders in the hottest technology sector around... it would be even duller... if that’s possible...

[rjcdc] 10/8/2020 13:20

I guess it’s found a new base... good that it hasn’t dropped below 3p again but it would be nice for SEE to at least have a go at generating some excitement.

Calm before the storm...

[topnotch] 06/8/2020 15:47

The share price has more than doubled from the March lows and has gradually inched up since April - a slow steady climb beats a spike anyday

[base7] 06/8/2020 00:21

'Under promise/over deliver' is exactly what we need to build credibility with investors & for our SP,to increase accordingly.

[longsight] 05/8/2020 21:05

The Co does have the daily km read out on the homepage of the website. It is easy to monitor the progress of Fleet [utilising the number of units fitted at 30th June] to see approx how many units are being fitted.

I mention this because on my analysis the most important business is Fleet.

I think the Co refuses to engage in pumping the shares because they have no need to raise funding. Additionally, on the assumption that they have important IP and commercial relationships to protect, secrecy and a low profile is best. Shouty isn't necessarily the best. They only have to market to their target customer base.

Also it feels like under promise / overdeliver is the new style.

But they may start to begin encouraging the share price. I doubt they would have instructed Stiffel to issue the initial note without follow through.

no advice intended of course

[base7] 05/8/2020 19:10

You both make great points ,most of which I agree with & PM had to be encouraged by the interviewer to confirm that he was cautiously optimistic about the year ahead.Bizarre setting for interview & PM seemed to lack enthusiasm & one my continuous irritations is his lack of skin in the game.
That said a few days ago we would not have expected -
1)Cash ahead of expectation (including the $5mill ) & elimination of fundraising concerns
2)Fleet ahead of worse case expectations & strong in Aus & NZealand ,where we could do fantastically well alone ,without Rest of The World + sometime soon manufacturers will be installing DMS at point of manufacture & our monitoring services (if required) could be added remotely
3)Auto-we appear to be currently being installed & generating revenues which should ramp up as the year progresses & assuming ‘new normal’ prevails (as opposed to global lockdown)& we have decent prospects of signing contracts with other major manufacturers
4)Aviation-industry in its knees but we are still in discussions with our key clients in this sector which,if successful,should result in major licensing income
5)Qualcomm & other deals to be potentially revealed
One concern is that if PM were to leave unexpectedly we will again have demonstrated an inability to keep our senior management team in situ for long enough to see our plan through to fruition -but from we we know H believe he is doing a terrific job
I will definitely not be selling now as I want to see the ‘short term’ outcome after having been invested over the longer term (& far too early) but there must be a better chance now if our Sp in reading as news is announced over the next year or so .
I have always considered SEE to be very high risk but I do consider that this weeks statement has resulted in our being derisked & if our brokers targets of around 7p are met we will all be much happier

[rjcdc] 05/8/2020 16:38

I sympathise with that Mel - it’s a tough one...

The company isn’t delivering in line with its potential - that is clear. They are also not attempting to maintain momentum - when it is required.

And Paul hasn’t changed his tune since his arrival, or the way he gets his message across. I though the interview yesterday was embarrassing - looked like any regular breakout room, with a pull up banner display, and poor Audio set up. This is a $150m company.

However, the product is key and they have delivered Something the market needs with future demand driven by regulation. That is quite rare, and quite exciting.

I’m torn... on the one side I think they are simply in the wrong place with the wrong people (maybe too academic at its core), and part of me hopes they get bought out and we get shares in the new company.

The other part of me wants them to fight for the lead, start showing the world what they have and shout from the rooftops... maybe they can’t, maybe they are just too early.

That’s what it feels like, like they are waiting.

...and that’s why I will stay invested for now. I think they just don’t have much happening... and that’s why they don’t release anything and why they can’t be bothered to dress up smartly... I’m not sure working 80% really affects them right now as they probably haven’t got too much to do anyway...

Come the end of the year it should be clear what the future looks like... and so I will stay invested until then.

We will Either get to 28p+ or we sink into oblivion... you take your chances..

[tradermel] 05/8/2020 15:51

I have to admit that after holding these for 7+ years I feel it maybe time to sell up and move on. That interview was about the final straw. Amateurish, dull, pathetically jam one day but definately not tomorrow and PM looked ill. It was the presentation of a defeated man, wringing his hands and compulsively blinking, in short it alarmed me. PM didn't even want to firm up if the company is now in a position to not raise future cash! Too many years spent holding these and its always next month, next year.


All this BS about SEE being market leader, the best DMS but the Market just does not believe it. Where is the evidence?


The last RNS was terrbily written with zero attempt to push the positives, Mondays RNS was flat, no attempt at beating a drum of anticipation. Aviation was portrayed as Jam in a year or so, Automotive jam perhaps next year, Fleet spilt jam, currently trying to get it back in the jar.


At the moment I can sell my largest holding at a tiny profit, so I have to mull whether it is time to stop thinking this company will come good anytime soon. At least if I do the share is bound to jump upwards for the rest of you.

[topnotch] 05/8/2020 09:23

I live my life by the saying "Never ever, ever, anything ever!"

[shallwe] 05/8/2020 09:16

Patience is a virtue. Just saying.

[volsung] 04/8/2020 16:04

That's me out. This just seems to repeatedly hit the 200 day ema and then fall back

[tarrant777] 04/8/2020 14:16

As usual (sadly) a big seller (or a number of smaller sellers) has dumped several million shares in quite large lumps and brought the price back down. If it wasn't so utterly predictable, it would be slightly depressing.

[seans66] 04/8/2020 10:52

Agree, if we can continue to grow rev, & then profit, & our leading market position, then we will many multiples of current share price Then add in a 2-3 big corporates trying to acquire us, it could become very interesting.

[base7] 04/8/2020 09:40

There are many long term holders (6 years+) here & most of us believe in our potential to be number 1 provider of the best quality DMS.Clearly we all invested too early but still believe in the potential which wil provide us with the expected returns eventually.Excellent update in respect of all points + eliminated fears of another short term fundraising .£1 bill is an entirely feasible valuation when compared with Mobileyes up to $15 bill acquisition by Intel.We should be more optimistic now than ever before