Seeing Machines Share Discussion Threads

[hazl] 16/5/2023 15:29

Exclusive.

And with a tier 1 Avionics company!


Collins.

[hazl] 16/5/2023 15:27

Seeing Machines signs exclusive agreement with Collins Aerospace

- Exclusive licence to jointly develop pioneering eye-tracking solutions for the Aviation industry

- Seeing Machines to receive a licence payment of US$10 million, over three years, as part of the Agreement

- Collins Aerospace is the world's largest Tier 1 Avionics company

[hazl] 16/5/2023 15:25

I missed this!

Considering how poor the general market is we have done well.

[amt] 16/5/2023 15:12

If it was 10k per airliner then market size could be 1 billion usd.
If they get 50% that's 500m so much more than market cap so it's not insignificant.
Plus all the light aircraft then of course the market is much bigger.

[juju44] 16/5/2023 13:03

Yep , its going to take a buy out to move this donkey

[nvhltd] 16/5/2023 12:31

While it is good to finally get a deal penned the size of the deal is rather pathetic and the share price reaction shows it.

$10million over 3 years is peanuts and while this isn't the royalties, we are years away from seeing much from them.

There's no details on the royalties percentage. PMG said that each aircraft system is worth circa $10K. What he didn't say or has not been made clear in todays RNS is whether SEE get $10K per aircraft or a percentage of that figure as a royalty.

Still too many unknowns to work out the value of this deal to SEE and the market has reacted accordingly.

Lets just the share price back to 12p and then flog the company.

[nvhltd] 16/5/2023 12:26

While it is good to finally get a deal penned the size of the deal is rather pathetic and the share price reaction shows it.

$10million over 3 years is peanuts and while this isn't the royalties, we are years away from seeing much from them.

There's no details on the royalties percentage. PMG said that each aircraft system is worth circa $10K. What he didn't say or has not been made clear in todays RNS is whether SEE get $10K per aircraft or a percentage of that figure as a royalty.

Still too many unknowns to work out the value of this deal to SEE and the market has reacted accordingly.

Lets just the share price back to 12p and then flog the company.

[amt] 16/5/2023 10:24

Is there a new broker target price.
Not sure if last one had any benefit from aviation included.

[base7] 16/5/2023 10:17

I agree zero but we have signed a long term contract with yet another global multi bill $$ company -which not too many loss making early stage tech companies can lay claim to .
At some point the Penny will drop & our share price will move towards the Cenkos target & ,meanwhile ,Directors may resume buying -if they are able

[napoleon 14th] 16/5/2023 09:29

Good RNS - US$10M over 3 years plus future royalties & a team-up with just the right people in the right sector which should raise SEE's profile.

Chart is a scruffy bowl?

[zero the hero] 16/5/2023 08:47

The trouble is the PR behind this great news is dire. No fanfare, no sense of elation, no attempt to ascribe long term value so the share price rises a miserly percentage. If you were not invested in SEE and read this news, would you be excited? Another great news story wasted, but sooner or later that has to stop.

[hiddendepths] 16/5/2023 08:36

I have long been baffled by the market ignoring this company. It's been a conviction holding of mine for years.

What is more, it can now also be thought of as an AI company, which should make it hot, hot, hot!

[base7] 16/5/2023 08:00

Great news & perhaps a value will now be ascribed to Aviation .
Hopefully today’s RNS will be the start of more positive contract news

[amt] 16/5/2023 07:54

Should be worth 3p on the share price as this is a tens of millions in royalties opportunity.

[jimmladd1] 16/5/2023 07:17

Aviation deal with Colins RNS

[mallorca 9] 13/5/2023 06:56

The Magna Conversion Notes are at 11p.
This is the right technology space at the right time.

[wsm812] 12/5/2023 08:36

Agreed mallorca, there is long-term support at this level, the next news will be good news taht will boost the share price accordingly.

[mallorca 9] 12/5/2023 08:34

It's probably a good time to buy .

[volsung] 11/5/2023 16:14

Not much interest in this now

[skinny] 04/5/2023 16:23

For those that have access :-



The bit that I can see .....

"We believe Seeing Machines quarterly Key Performance Indicators for Q3/23E show the company looks to be on track to meet our overall FY23E expectations. Whilst the vehicles produced with Seeing Machines DMS technology for Q4/23E needs to step up to meet our latest FY23E forecast, we believe the overall OEM division is performing strongly. Also, the Aftermarket division looks to be on track to exceed our monitored connection forecast and, with product availability continuing to increase, we exp..."

[base7] 04/5/2023 10:55

Cenkos maintaining target of 23.80p & state Fleet connections for FY23 will exceed expectations .
Positive contract news substantially overdue but I continue to believe that it is coming & that we are substantially undervalued -as do Cenkos

[mallorca 9] 04/5/2023 08:55

Not at all ..... annual recurring revenue is like rolling a snowball ..... it will get larger and larger.