Seeing Machines Share Discussion Threads

[hazl] 10/12/2021 13:30

Good find Skinny.

[ali47fish] 09/12/2021 18:24

flash what is minco

[unionhall] 09/12/2021 17:00

not for years

[fiachra] 09/12/2021 16:31

Union hall. You still in Minco?

[base7] 09/12/2021 15:47

Great news about more Lombard buying & hopefully they will want to increase to 20%.
When will Stifel issue a positive note, bearing in mind they are now sole brokers & Cenkos have been dismissed-despite which they have still increased their valuation to 19.5p

[tarrant77] 09/12/2021 12:54

......or even anywhere close!!!!

[skinny] 09/12/2021 10:28

Thanks - oh for 19.5p!

[lfc4ever] 09/12/2021 09:55

you can sign up for free to Cenkos:

Seeing Machines Ltd

EU-NCAP specifications good news

Euro-NCAP have now finally released the technical paper covering the expectations and scoring for automotive Driver Monitoring Systems.

The technical expectations for DMS are relatively sophisticated with DMS systems needing to measure not just head position but eye gaze and eye aperture. The expectations cover both a wide range of driver types that must be recognised (gender, age, ethnicity) but also levels of occlusion (ie availability) in real world applications.

Specifically, the paper highlights that system performance must not be degraded in certain conditions which include sunglasses and facial hair. Further to this the system performance must either not be degraded (or warn the driver of degraded performance) under more advanced conditions: Facial occlusion, face-mask, hats, long head hair fringe obscuring eyes - eyewear sunglasses with a <15% transmittance, Eyelash makeup Thick eyelash makeup, facial hair, long facial hair (>150mm in length. Technical specifications are also well defined for Downness (Karolinska Sleepiness Scale 7) which must be detected as well as a micro-sleep of 1-2 seconds.

 Comment: We see this technical specification as good news for Seeing Machines and Smart Eye who are probably the only suppliers that can meet the advanced occlusion targets. Whilst the advanced occlusion targets are not mandatory, we fail to see why any sensible OEM would risk selling a car that warn you every 10 seconds the system is not working if, for example, you are wearing a face mask.

It also now looks clear that Tesla will have to source Seeing Machines or Smart Eye relatively promptly or face a poor Euro-NCAP safety rating. We also see a potential for these standards to be copied by European Commission as a mandated safety specifications, although the expectation is for this to be watered down with the EC likely focussing more on basic occlusion and not advanced occlusion.

These standards may also help accelerate activity in other markets such as Japan, where the recognition of Eye by Japanese OEMs has been slow, but the Japanese New Car Assessment Programme (JNCAP) rarely deviates from EU standards. We maintain our 19.5p valuation and Buy recommendation.

[skinny] 09/12/2021 09:25

.

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, was notified on 9 December 2021 that Lombard Odier Asset Management (Europe) Limited, a person closely associated with the Company's Non-Executive Director, Michael Brown, purchased 1,390,000 Ordinary Shares in the Company at a price of 11 pence each on 7 December 2021.

Following this transaction, Lombard Odier Asset Management (Europe) Limited has an interest in 694,206,762 Ordinary Shares, representing 16.7% of the issued share capital of the Company.

[skinny] 09/12/2021 09:03

New note out - if you have access ( I don't) :-

"Cenkos: Seeing Machines Ltd -- EU-NCAP specifications good news".

[base7] 07/12/2021 11:33

Intel floating Mobile for $50bill ( having cost $15bill 3/4 years ago) should be interesting news for us as they may wish to consolidate by acquiring parts of their market that they dont major in ( ie SEE) although QC & others may also be interested in dominating our sector & a bidding situation would be acceptable to all SEE shareholders-other than the fact that having been here for several years I would want us to achieve full value by realising our potential rather than being sold too soon & for a fraction of our potential worth in 1/2 years.

[mtld1] 07/12/2021 10:01

See latest safestocks.co.uk

[skinny] 06/12/2021 10:50

Seeing Machines Limited's (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, announces that it will hold its virtual Annual General Meeting from its head office in Canberra, Australia at 5pm Australian Eastern Daylight Time (AEDT) on Thursday 16 December 2021.

The meeting will be held virtually from 80 Mildura Street, Fyshwick ACT 2609. Shareholders may choose to participate online.

To view the live webcast online, shareholders will need to visit:

Meeting ID: 921 2867 8506 Passcode: 416025

[base7] 06/12/2021 07:36

Exactly & 2022 could be the year when Aviation emerges as the viable & potentially very profitable 3rd division of our exciting little company

[mirabeau] 06/12/2021 07:14

Interesting

US Dept of Defence referenced in the doc above...Have we landed a contract with the US military?

[ali47fish] 04/12/2021 13:09

incredible buggy how you echo my stance- many thanks

[buggy] 04/12/2021 10:27

Neither stupid nor wise. Each has their own investment strategy.
Some bought shares at around 2p and are already sitting on huge profits and may want to take something off the table, a profit is a profit and shares can go up as well as down.
Others are confident enough to try to trade it, sell now with belief that they may buy back cheaper later, few days, months or whatever later.

For me I bought on the high and not in profit, besides I do not have the time to watch the swings on an hourly basis nor the trading expertise to try trading any stock. Hence I normally invest for the long term, if I try to trade any stock I will probably sell low and buy back higher.

I am hopeful of good news soon, but not worried if it takes longer, SEE story is a convincing investment case. I have not thrown the kitchen sink at it even though some super optimists are thinking that it will be £1 before next June. [ I do not believe so but do believe there is good money to be made in this stock: even the fleet business will soon be enough to justify current price as we wait for the automotive side to catch fire .. in about 1-2 years. Anyway that is my tuppence worth , I am sure others that have their own reasons for investing]

[ali47fish] 03/12/2021 22:18

thanks Buggy-stupid to sell nowisn't it

[buggy] 03/12/2021 20:29

Fairly easy to explain, 2mill more shares sold than bought today >>> supply and demand.

[ali47fish] 03/12/2021 16:58

can't fathom why the share price is retracing?

[zero the hero] 02/12/2021 19:42

This one is interesting



"Of 227 models in Consumer Reports’ new car ratings, only two have adequate direct driver monitoring systems coupled with ACC and sustained LKA: the Cadillac Escalade and Chevrolet Bolt EUV. Other automakers, such as Ford and Nissan, will soon be adding this safeguard to their models."

Very interesting as it includes the Polestar which has non SEE DMS. The only conclusion from this is that it underlines how much better SEE DMS really is.

[base7] 02/12/2021 18:02

They may have taken a stake but did not want it disclosed ( as under 3%).Magna were happy for their $10mill to be disclosed but they were under no obligation to disclose.Around 3.5% of placed shares remain unaccounted for

[zero the hero] 02/12/2021 17:07

Musing on this and pure speculation by me: I wonder why Qualcomm did not take a stake? Surely it was offered or was it a defensive move by SEE to stop a bid at this underpriced level? We will probably never know!

[unionhall] 02/12/2021 15:40

Looks like it Zero - but at the level at which Q'comm or anyone else will need to bid for takeover now Magna will possibly be delighted with the profit.

■ a stake of 10% or more will prevent any subsequent
bidder from reaching the 90% threshold at which
the subsequent bidder can compulsorily acquire the
remaining shares. This gives the bidder with the 10%+
stake a tactical advantage;