Seeing Machines Share Discussion Threads

[rayg5] 03/2/2021 08:19

Seems to have an eye for winners and one of Jerseys multimillionaires. Took a company to ftse250 from start-up.

[skinny] 03/2/2021 08:10

I must send him a list of my other holdings :-)

[base7] 03/2/2021 07:40

Richard Griffiths declaring a holding above 3% may help consolidate our share price as he is a well known tech investor who takes large positions n companies he believes will do well

[rjcdc] 02/2/2021 21:07

Me too... and hopefully into the 11s tomorrow.

[hazl] 02/2/2021 19:02

Pleased to see the rise again today .

[base7] 02/2/2021 16:51

Srp -I am
Mildly irritated that I did not add early this morning on the dip -I have never sold a single share & I suspect my ultimate sale will be to the successful bidder -hopefully at multiples of our current SP

[srpactive] 02/2/2021 16:26

b7

The mm's want our stock now, something about to happen,
especially if we can get through 12.2p.

dyor

[rayg5] 02/2/2021 15:23

I think the word is complement with an e.Not to worry... They are definitely going places, despite the spelling lapse!

[base7] 02/2/2021 14:26

I am looking forward to an unprecedented rate of growth in our share price prior to a Mobile Eye type takeover -seems far fetched almost certainly us but I would be happy with half what they got

[rjcdc] 02/2/2021 14:13

unprecedented rate of growth

[unionhall] 02/2/2021 13:39

Courtesy of seeing 2020 on the LSE See BB.........

SM CEO on Linked

"Our business is experiencing an unprecedented rate of growth. We like most had to take a conservative stance on operating costs as the COVID issue consumed all and presented unbounded risk. Now, as the market recovers we have demand for special team members to compliment our world leading team of exceptional engineers. Do you want to work with purpose, do you want to participate in a global phenomenon. If your’e an exceptional software engineer, that wants to make a difference get in touch with SeeingMachines."

[srpactive] 02/2/2021 11:07

z

Agree, although I feel much higher too, google will come in]and buy
all in the space as they just can, and they just will.

dyor

[zero the hero] 02/2/2021 10:58

In fact the way it is now rising back it seems there is a panic as sellers realise the tide has turned for the short term trading, back into the 11's today is my guess

[zero the hero] 02/2/2021 10:47

I am hoping this new Cenkos note will have stopped the wobble down to single figures and restart its upward adventure once again.

This poster holds shares in SM and didn't sell any on recent rises.

[harrida5050] 02/2/2021 09:53

Think we are finally at the point where this will move and stay up

[harrida5050] 02/2/2021 09:53

Have just done the same things been in this one for years average is 4.5p and for the first time averaging up!

[base7] 02/2/2021 09:50

Since the ill fated fundraising @3p J have substantially increased my holding & reduced my average cost to below 4p per share -but for the first time I am considering averaging up my cost by buying more under 10p(should the opportunity continue to present )

[base7] 02/2/2021 09:27

A takeover at some point seems to be the consensus outcome & as much as I would love our share price to be over 20p right now I would hate a low ball bid to be accepted at 20-25p as I (along with many others) believe we will be worth so much more in a year or 2

[lfc4ever] 02/2/2021 09:25

It's a pretty comprehensive document, running to 41 pages- worth signing up for I suggest.

[juju44] 02/2/2021 09:25

Anyone for a cup and handle here

[srpactive] 02/2/2021 09:25

Yes agree, four straight down days and a drop of 30%,
the market will now let you sell what you want as the
market will buy, yesterday was different.

I am expecting a move higher.

dyor

active

[lfc4ever] 02/2/2021 09:24

there is very interesting discussion in the note about the relevant mkt positions of SEE and Smart Eye. Including:

"A major OEM seems to be sourcing from Seeing Machines for 2nd Gen systems
We believe that one Smart Eye customer (German premium OEM 2 we believe is BMW), where there are currently production vehicles in the market with Smart Eye technology, is sourcing Seeing Machines for next generation of DMS. Therefore, we believe this OEM cannot be considered solely a Smart Eye customer.

The numerical margin is narrower, especially if we remove Chinese OEMs
If we remove Chinese OEMs (Seeing Machines is currently not pursuing this market as the per vehicle value is low, there are low barriers to entry and high IP risks) the Smart Eye win value drops to $186m and this compares to US$160m for Seeing Machines."

[lfc4ever] 02/2/2021 09:20

Cenkos have upped their valuation to 14.3p
"We continue to believe a DCF
valuation is the most appropriate as most near-term revenues are high value high
margin recurring, and value from the automotive sector will mostly be seen beyond
the explicit forecast period. Our updated DCF valuation of 14.3p is based on a 12%
discount rate which leaves room for significant upside as it delivers on expectations."

[srpactive] 02/2/2021 08:18

Morning all

With google entering the car technology space with ford, I expect
a round of consolidation to start, with this in mind I feel we
could be a target.

dyor

active

[doobz] 01/2/2021 16:20

Holding for the long term on this one and really just ignoring the daily up and downs. We know this one is prone to shorters and Market manipulation. Unless they start to put out troubling news, I'm in. Good luck all