Seeing Machines Share Discussion Threads

[w13ken] 05/8/2021 11:05

Seeing Machines Guardian DMS in action for a large truck company in New Zealand:

[hazl] 05/8/2021 09:16

DMS technology is central to transport safety across the globe. CEO Paul McGlone says the company has never been busier, nor faced such a raft of opportunities for significant growth. Read what Proactive has to say at #gettingyouhomesafely #growth

[hazl] 05/8/2021 08:26

Ah the run continues.
People can see the potential here .

IMO

[dc74] 04/8/2021 16:45

Last minute clear out of week holders I hope

[lfc4ever] 04/8/2021 16:07

ever the prophet, I am!!

[lfc4ever] 04/8/2021 14:55

fingers crossed that is a final good-bye to single figures

[tradermel] 04/8/2021 14:26

I was mildly dissapointed by the share price rise yesterday as the RNS was the first positive worded release from this company for a long while. Followed up by positive social media and minor press releases today the penny is dropping with the market in general so its good to get back into double figures. I wouldn't be too surprised to get a new business RNS fairly soon to under-pin the rise, as it appears the company are at long last trying to big up their future. I wonder if a predator is sniffing around, or just share price pressure from ii's recently enticed in by the company?

[base7] 04/8/2021 10:38

Any IIs wanting to build a holding of increase existing stakes will have to buy ‘in market’ as we very clearly have no need of a fundraise ,currently -unless PM was prepared to issue new shares to onboard a new & influential holder (eg Hermes last year ) who can help accelerate our growth plans.
Let’s hope we can remain independent for long enough to demonstrate our successful growth strategy & substantial market share before being taken out

[hazl] 04/8/2021 09:40

'Seeing Machines shares lift on expected sharp rise in royalty revenue'.

Royalty revenue.....very tasty.

[amt] 04/8/2021 07:09

After all these years I reckon its now derisked with plenty of cash and burn down to low levels.
Potential for a multi billion Company with hundreds of millions of revenue and maybe hundred million annual profit in ten years time.

[redchef] 03/8/2021 19:55

Have you looked at the history of this stock?

[base7] 03/8/2021 17:13

Those that do go up X 10 tend to be very small companies & for 10X to apply to us we would have to be a $5bill company -which could happen 1 day, if we remain independent & our market leadership is clearly established.Much more likely that we will be consumed a giant for fractions of that & ,hopefully, a few 10s of p.

[lfc4ever] 03/8/2021 14:42

not sure that there are really all that many shares that go x10 in a year.

I do agree with the importance of proper US coverage. i suspect the share price would be rather different if SEE were on NASDAQ rather than AIM

[lfc4ever] 03/8/2021 14:41

and £10 eventually.
that is quite optimistic!

£1 would pretty much meet my pension requirements and at £10 I'd be in the (quite big) yacht market!!

[base7] 03/8/2021 14:28

Great to see Safestocks as bullish as ever & anticipating 100p within 12 months if we realise expectations & with some good fortune no doubt

[baggariddim] 03/8/2021 12:52

Im not in here anymore but it seems the plan is coming together.I hope all the people that have stayed long term get paid for their patience.GL.

[base7] 03/8/2021 10:29

We know -
-Fleet is profitable & cash flow positive
-Auto royalties aren’t beginning to ramp up -apart from revenue from engineering services
-Aviation -inaugural modest revenues ,but a contribution nevertheless & likely to grow in FY22
Why woikd we need a fundraise except to bring onboard a strategic investor or for a strategic investment

[amt] 03/8/2021 09:57

Unionhall yes I was meaning going forward. Cash outflow in last 6 months only 4m on a much higher second half turnover so perhaps cash inflow starting soon.

[unionhall] 03/8/2021 09:48

AMT, I see Annual Cash flow for FY21 at approx AUD$18m.

Cash at June 2020, 38m + Share issue 28m, closing balance June 2021 approx 48m.

As H1 is traditionally slower than H2 this is a more conservative number. (possibly over conservative)


Really good update.

[base7] 03/8/2021 09:34

Directors were buying a few weeks ago at 8.5-9.00 obviously knowing how positive the underlying position was at the end of June .Interesting to see if they will be tempted to buy more at a similar price if they had expected a higher share price by now .Similarly interesting to see if Griffiths & Lombard maybe expected to increase in light of today’s RNS

[hazl] 03/8/2021 09:18

"This significant increase in RFQs is extremely encouraging and we do expect this number to increase at a similar rate over FY2022. This affirms our view that DMS is now established as central to the automotive industry and we look forward to closing out the current RFQs and announcing new business wins in due course. '

A raft of opportunuties for significant growth!

What an upbeat RNS.

[hazl] 03/8/2021 09:15

'Notwithstanding the challenges faced by the Aviation industry over the past 18 months, Seeing Machines has signed commercial contracts to embed its eye-tracking technology into the training environment with simulator installations, as well as into the Air Traffic Control sector, demonstrating strong momentum in a truly nascent market, with limited competition. '

'Limited competition'!

Sorry late to the market this morning.
This is great and as skinny has highlighted a huge market generally.