Another good day for See looks very strong |
No dilution . These were always counted in the total number of shares. See the rns in November to confirm.Presumably some paper work error, but makes no material difference. |
More dilution I think another 10% yet to come before a take over at 7p. What a disaster. Proper gift for Xmas eh. Some might think it's time to move on too much incompetence. |
Clerical error accounting for 37 million shares from 2018. Not the RNS everyone was expecting. I bet there were a few excited investors when they saw the RNS thinking we were going to get an early Xmas present. |
Here he comes, full of joy and festive spirit. |
I must have missed all the new contract news? The only thing I saw was the news that they are on a two week plus Xmas break.
Almost at the end of a disastrous year for SEE with no positive news to drive the share price Still with only 18 months to go before gsr 2 kicks in 2025 can't be any worse than 2024. The annual hype around CES will soon be in full swing. |
Yes and NVH has run out of bad things to say about management, I bet he regrets it. |
Another decent day volume wise. |
Ahahahahaha. Looks that way. |
We can but hope (again)! |
I don't think I've ever seen a share price rally like this without any news, rumour or being tipped. I like it though. Something big is clearly afoot. |
Perhaps their value is being seen ! |
I have been elsewhere and missed the ground gained
but most pleasing. |
Mirabeau....SEE you have joined the fold! |
SEE is coming into it's own at last! |
Probably a lot going on behind the scenes and new deals on the way. |
What’s going on here, just bouncing from lows or something else? |
Share price looking stronger today. |
Will you be celebrating Christmas this year NVH ? |
We're doomed, doomed. |
Strikes now taking place at VW. That's going to aff3ct sales for sure.
Nissan have give themselves 12 months.
China seems to be taking market share. Rather short sighted of Paul not to focus on that market. |
Blimey so it's worthless then. |
 Well here we are at the start of December and what a poor year it has been. They proclaimed that early 2024 was going to deliver the long awaited RFQ's they have teased for years and they were going to be bigger and better as a result. Nothing has materialised. Infact 2024 has to go down as one of the worst years for SEE when you consider how close we are to breakeven and the implementation of the second GSR in circa 18 months time.
Year to date the share price is down 41% reflecting the dire progress made.
Profitability targets have been missed. We've been railroaded into a poor deal with catapiller to shore up the ever diminishing cash position and we're now using a factoring service to get the cash in which itself carries a cost burden.
Sales of dms didn't hit target and the perilous state of the global car market is almost certainly going to have a negative affect on this year's growth. Our largest customer is now on strike so quarterly sales targets are going to be short too.
The optimism around Gen 3 and the potential size of the market that Paul communicated to shareholders at the town hall meeting 2 years ago has evaporated like all his other claims around inflection points. Sales forecasts, if you can call them that, are miserly when we consider they trumpeted this game changing product with technical advantages, cost savings, margin expansion, favourable new regulations and a market size of 330K commercial vehicles in Europe alone. It turns out nobody wants it until they have to in 20 months time which is also evidenced by the fact that only 2 clients have gone through the homologation process.
Then there was the much trumpeted Sales alliance with Mobileye which again delivered zip in the way of sales and has quietly disappeared without comment until forced to do so by investors.
The only potential sign of optimism has to be the 18 months left to go before the second GSR comes into play, however, we have to be concerned why, when it takes 2 years of engineering development, the 'missing' OEM'S have still not shown their hand? |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
