Seeing Machines Share Discussion Threads

[base7] 08/9/2021 18:24

Following PMs recent very positive update I would hope for good/great news fairly soon & certainly before Finals by end next month ,which will include an outlook statement which should remain positive .Part from Auto I am hoping for good news from Fleet & Aviation

[srpactive] 08/9/2021 15:02

Afternoon all, basing nicely now ready for a challenge of
12p again soon I feel.

dyor

active

[mirabeau] 06/9/2021 06:59

'and there might be some announcements too'


'With the IAA event set to kick off on the 7th September, keep an eye on our social channels for our demos and updates. #Qualcomm President and CEO, @cristianoamon
, will be discussing the digital future of the auto industry, and there might be some announcements too…'

[stuart4u] 05/9/2021 23:05

The win rate for the current rfqs wont be clear until at least early 2022. We are currently working actively on about half of the $1bn Paul said is visible this year. I would expect we need to be at the thick end of the rest of this years and 2022's rfqs to see what the win rate will be.But as you say a suitor, QC or other should have a very clear indication of where the land lies before then. Having said that, I expect share price around 20p+ before a suitor appears and probably within the next 6 months. A bid should be a round number, what say 30p+ to start?

[zero the hero] 05/9/2021 21:41

Good point, yes but sadly its too easy to achieve. I have seen two buy-outs where no sane ii would accept the terms, but they did. The right incentives, Bod getting a very good deal and the lure of free shares (or matching) in the larger company easily sway those larger holders. Don't forget ii objectives are usually far smaller than us greedy PI's.

I am not saying it will, but I would not hold out anyone in a position above 10% saying no to a low ball offer. My version of low is 20-25p btw. I really do not want to be proven correct on this one. In Kens time Bosch were the company reputedly making the offer around the time of the last spike with an offer reputedly at 18p.

[stuart4u] 05/9/2021 21:04

An investor with 10% can block a takeover. We have 1 over 10% who is also on the board. We have 2 at 0.5% below 10% so could or may get over 10% soon but would have to declare on a TR1Allegedly one one the under 10% holders who is also on the board rejected a 17p+ bid during Kens time. I cannot confirm this.So i expect our two board members would have to be convinced to take a cheap price. Question is.... If we think its a cheap price then they who have all the insider information they need would probably have a better idea of what SEE are worth.

[mirabeau] 04/9/2021 10:43

note the term 'driver monitoring' below. The mometum is building

'Experience in the development and deployment of an L1-L2 and/or L3 or above driver assistance system, from SoC, sensor and stack selection, Tier-1 engagement, identification of vision, drive policy, driver monitoring and associated systems for the rollout of full system is highly desired'

[mirabeau] 04/9/2021 10:35

Auto shows are back and CEOs have deals to do

IAA Munich is Europe's first major car show in two years

Bloomberg

Audi Grandsphere

Audi's Grandsphere concept that debuts in Munich lays out the future for cars with full self-driving capability.

When automotive executives gather in Munich this upcoming week for Europe's first major car show in two years, they will do more than just lift the veil on shiny sheet metal. These are occasions where big deals tend to get done.

Consider one of the last times the auto world descended on a European city for such a forum in March 2019.

Just before the action got underway in Geneva, the CEOs of Peugeot maker PSA and Fiat Chrysler met to sow the seeds of what blossomed into a mega merger, vaulting Stellantis into the same league as Toyota and Volkswagen.

There is no telling whether executives will mask-up and elbow-bump their way to another blockbuster transaction in Munich.

Toyota, Stellantis and Nissan are not even attending, and automakers that are will send smaller contingents due to the surging delta variant.

If that were not enough, many who want to get to Bavaria have had their travel plans disrupted by a Germany-wide rail strike.

Still, this much is certain: the same forces that drove PSA and FCA into one another's arms are only more relevant two years after their initial huddle off the 2019 Geneva show floor.

"You have got to be innovative, and for that you need to have significant firepower and a global footprint," said Peter Fuss, a partner at EY. "Otherwise, the dependence on certain markets is too great and there’s the issue of scaling technologies."

VW Group will preview in Munich a model from its new small EV family with the Cupra UrbanRebel concept.

Automakers have earmarked a whopping $330 billion in spending to electrify their lineups by 2025, according to consultants at AlixPartners.

Revenue is being constrained by the global semiconductor shortage that is showing no signs of letting up anytime soon.

Charging infrastructure must be built out to ensure EVs will appeal to the masses. And while sales of battery-powered cars are starting to take off, catching up with tech giants in the race to bring autonomous driving and connectivity to cars will be a herculean task.

VW Group CEO Herbert Diess in June called driverless vehicles "the most sophisticated internet device you can imagine," predicting autonomy will bring about even greater change to the industry than the rise of EVs.

Automakers accustomed to competing on 0-to-60 mph times and other specs are now battling for valuable in-car data with deep-pocketed tech firms.

At stake is control over what could become a $400 billion market by 2030, according to McKinsey & Co.

Pursuing tie-ups and M&A will be essential, EY's Fuss said, because carmakers "rightly sense" they are moving too slowly.

While VW plans more than $30 billion of software-related investments, even Diess has said there are old, encrusted structures the company must dismantle in order to be more agile.

He and his peers better hurry.

Amazon has demonstrated its mobility ambitions by backing electric-vehicle maker Rivian Automotive and snapping up self-driving startup Zoox.

Google has had its struggles scaling its autonomy efforts, but it remains widely viewed as the leader in the space. Speculation was rampant early this year that Apple's car activities are picking back up.

Renault's Mobilize unit will unveil a Chinese-built EV for ride-hailing and taxi services.

Europe's automakers are already doing plenty of wheeling-and-dealing to combat the threats.

Just this year, VW Group is said to be weighing a potential listing of its Porsche brand and handed off majority control of Bugatti to Croatian EV specialist Rimac.

Daimler is breaking itself up into separately listed truck and car companies, its biggest shake-up since the sale of Chrysler.

Outside Germany, Renault is working to fill what its CEO has described as an unacceptable void in China by joining forces with Geely Holding Group.

Geely, meanwhile, is exploring a listing of Volvo Cars later this year, and their EV-making offshoot Polestar is said to have discussed going public through a blank-check firm merger that could value the company at $25 billion.

The car-parts sector also has been active. France's Faurecia just prevailed in a bidding battle with peers for Germany's Hella in an $8 billion deal that was one of the biggest among European auto suppliers in years.

Sweden's Veoneer is poised to end up in the hands of Qualcomm or Magna International. Vitesco Technologies, the powertrain and sensor unit due to be spun off from Continental his month, has already flagged its appetite for M&A.

'Terrifying' trend

While auto shows have been ideal forums for deal-making, prospects may be better for shows after Munich. Business travel remains in pandemic-induced doldrums, and in Germany -- where six-in-10 people are fully vaccinated -- the infection rate has managed to surge fivefold in the past month.

While organizers for the show this upcoming week are banking on outdoor spaces and inner-city events helping to open up space for participants to spread out, some executives remain concerned.

Audi is staffing the show with a small team and reducing its trade-fair presence to a single outdoor stand, according to CEO Markus Duesmann. "It's terrifying -- for us all, I believe -- how the incidence rates are developing, and we know that hospitalizations and rising deaths normally follow," he told reporters last week. "I like the concept, but I see the timing critically because of the incidences."

[mirabeau] 02/9/2021 13:15

RE: Sept 6, MunichToday 13:15

IAA Mobility is the world’s largest B2B mobility show, bringing together players from the entire automotive and mobility industry. Qualcomm is proud to have President & CEO Cristiano Amon making a keynote presentation at IAA Mobility 2021.

Accelerating the digital future of automotive

Cristiano Amon will share how 5G and other advanced technologies will transform the auto industry by making vehicles smarter, more connected, and safer. He’ll explain why 5G is the key to unlocking opportunity in the auto industry. He will discuss support for the industry shift to electric, the opportunities the digital chassis offers Auto makers, and how these technologies together will help support the connectivity and transportation needs of the next decade, enabling new services, empowering new user experiences and making vehicle travel safer, more convenient, and more fuel-efficient.

Wed 8 Sept 1pm CET

-

Let's hope SEE gets a mention!....I'm sure with the big OEMs on show SEE DMS will appear at some point

[mirabeau] 02/9/2021 12:57

All the major T1 suppliers are here including Mobileye

[mirabeau] 02/9/2021 09:30

Ford confirms Blue Cruise

Today 09:30

[mirabeau] 01/9/2021 08:06

31 August 2021



'Some recent news that our colleague, Daniel Newman, wrote about too was watching what Qualcomm’s doing in the automotive industry. And we expect to… they’re doing some pretty significant things and we expect that to be even more significant in the coming months. Qualcomm’s recently pursued Veoneer, which is a developer of full stack automotive technologies, including safety systems like radar and vision systems and driver monitoring systems and all different kinds of technologies, also autonomous driving features and restraint controls. We don’t know yet what’s going to happen with Qualcomm’s bid to acquire Veoneer, but we are certainly watching that with anticipation because what it does show us is that Qualcomm’s ambitions and strategic focus in the automotive industry is significant and certain to get even more significant over time. I thought that was pretty interesting in terms of what’s going on for car people.'

[base7] 31/8/2021 23:40

Let's hope that some disclosable business is closed at this weeks UK Commercial Vehicle exhibition at NEC ,31/8-2/9.

[tarrant77] 31/8/2021 12:16

But sadly, not convincing enough to deter the steady stream of sellers and the depressing effect on the stock price which will only move significantly if/when all the hot air and hype is converted into hard news.

[napoleon 14th] 29/8/2021 14:35

Great research/information, mirabeau. Very convincing.

[mirabeau] 29/8/2021 07:49

GAW chart explosion:

The GAW price had never moved above £10 since it listed late 1990s and then on the 2 June 2017 following a quarterly trading statement ('above market expectations) and it smashed through that barrier and has continued its ascent towards its current price, around £120. without really faltering.

'Something' changed as to how the market perceived the company's ability to drive its earnings higher and maintain that for years to come.

The company referred to 'high operatinal gearing' in its 27 Aug 2017 Trading Statement.

GAW is textbook in how a listed company builds its business over many years (up and down) and then one day, bang!, the market rerates the company as it has never done previously.

'high operational gearing' - the relationship between fixed and variable costs. SEE has zero debt on its balance sheet except a lease liability of around £2.65m so the company is almost unencumbered by any form of debt.

At what point does high margin sales from Automotive feed through to the bottom line to drive net earnings higher in a manner ala GAW? :

From Paul dated 31 Mar 2021. This statement is similar to the one issued by GAW dated 2 June 2017 -

'As the Company expects to be in production with existing OEM customers on more than 30 distinct car models within the next two calendar years, the current makeup of Automotive revenue is set to change from NRE (Non-Recurring Revenue) to signficantly higher margin based royalty revenue'

'signficantly higher margin based royalty revenue'. This is when SEE will be rerated by the market ala GAW. When that precise date I'm not sure but like GAW the hard work of capital investing is nearing its end and the earnings benefit will impose itself over the next 12-16 months or so

That's my insubstantial and somewhat naive analysis of trying to pin point that moment whe the stockmarket investor wakes up to a company and says 'it's arrived and it's become pure investment grade'.

[mirabeau] 28/8/2021 18:21

RE: Colins EE-Times articleToday 18:19



ReplyRecommendReport Post

schlemiel

Posts: 9,729

Price: 10.90

No Opinion
RE: Colins EE-Times articleToday 18:16

SEEING MACHINES LIMITED
NHTSA REQUEST FOR INFORMATION:
IMPAIRED DRIVING TECHNOLOGIES
Docket (NHTSA-2020-0102)
11 January 2021

---

'The science is in – ocular metrics hold the key to determining intoxication. There is
ample evidence from research laboratories around the world that confirms that changes in ocular behavior, as captured through our DMS, can be used to reliably detect whether or not a person is intoxicated.

'The industry is increasingly pursuing DMS applications for intoxication. Automotive and trucking OEMs and operators are already investing significantly in camera-based driver monitoring. The industry will be determined to derive additional value from the existing investments in this technology for addressing distraction and drowsiness, already demonstrated through enhancements of convenience features, such as with eye-tracking controlled infotainment. We can be certain, therefore, that using camera-based DMS to detect alcohol intoxication is becoming a more prominent focus for the industry as OEM automakers will want to optimize the use of the driver-facing cameras already being installed in their vehicles for other safety requirements.'

[mirabeau] 28/8/2021 17:52

27 aug 2021 -
'Just one of the many reasons we’re so excited to be working alongside @seeingmachines
to develop DMS capable of indexing driver impairment due to substance use '

[mirabeau] 28/8/2021 16:57

tradermel

Just read the article again and noted Colin's 60-65% of the DMS market so apologies to ian above.

The article by Barnden is superb and highlights SEE's lead above all the other DMS providers