Seeing Machines Share Discussion Threads

[base7] 27/3/2023 12:00

Paul has 37 mill under option , a tranche of which must be exercised this summer @4.41p-so it will be interesting to see what he does-
1)Sell all In Market (unlikely)
2)Sell enough In Market to fund the purchase of the balance ( he wouldnt be left with many if our share price remains at these levels)
3)Buy all In Market & invest around A$1mill (unlikely)
If he decides to sell some to fund a purchase he may look to sell to an existing holder wanting a bigger holding to avoid selling millions In Market-either way, he would rather our share price would be much higher when he has to make his final decision

[base7] 27/3/2023 11:56

Paul has 37 mill under option , a tranche of which must be exercised this summer @4.41p-so it will be interesting to see what he does-
1)Sell all In Market (unlikely)
2)Sell enough In Market to fund the purchase of the balance ( he wouldnt be left with many if our share price remains at these levels)
3)Buy all In Market & invest around A$1mill (unlikely)
If he decides to sell some to fund a purchase he may look to sell to an existing holder wanting a bigger holding to avoid selling millions In Market-either way, he would rather our share price would be much higher when he has to make his final decision

[depester] 27/3/2023 11:42

Sure but not that I hold more shares than the CEO of Seeing Machines! Why is that?

[davemac3] 27/3/2023 11:02

Directors keep buying, got to be a good sign

[ali47fish] 26/3/2023 10:36

i loved that Ive as he explains the numbers so clearly

[amt] 26/3/2023 09:27

Yes a very good video and the slide with the number of units forecasts into the 2030s demonstrates that the potential turnover is many hundreds of millions of dollars, heading towards a billion. So longer term this could be a multi billion dollar valuation company. A long wait though.

[hazl] 25/3/2023 20:00

Good find Ali47 thanks though

18594 but skinny has posted it already.

[ali47fish] 25/3/2023 18:37

have people here seen the presentation in newyork capital markets very comprehensive

[hazl] 25/3/2023 17:44

Interesting explanation and chart.

[base7] 25/3/2023 15:33

Director buying is very encouraging but our SO has fallen 40% from its recent high (mid 7s) & my view is that we will only see a serious re rating after the announcement of several RFQ wins in Auto ,the now long awaited ‘imminent̵7; Aviation contract & possibly after the launch of G3.Most if us have been patient for 10+ years so will be happy to wait a bit longer & follow the eg if Directors & buy more at prices we didn’t think possible

[mallorca 9] 25/3/2023 11:06

It'll rise with the market.
It's the right technology at the right time .... and Magna has a large interest.
They are one of the the worlds largest automotive interior trim manufacturers, along with Lear and Johnson Controls.
Seeing Machines products are now being designed into development models. This will be the mass production of the future.
This will only get bigger and bigger ..... inevitably one day , SEE will be acquired ...probably by Magna. The business model is one of recurring revenue, which will grow each year ... like rolling a snowball in the snow. Recurring annual revenue is exactly the right business model.
This really is a time to accumulate.

[ali47fish] 25/3/2023 09:20

you would have expected the share price to have reacted- but nothing

[amt] 24/3/2023 20:53

More very large Director purchases.
They must be convinced of the road ahead.

Do you see what I did there, lol

[base7] 24/3/2023 13:54

Let’s hope LO want to take their stake up to 20% & buy another 200mill in market !Martins continued buying is very encouraging but Market needs substantial contract news to re rate our shares

[base7] 24/3/2023 13:52

There is a limit to the amount which Martin Ive will buy although his buying is very welcome.LO obviously see value here & could take their holding up to 19.99% -so another 200 mill to buy ?

[mallorca 9] 24/3/2023 12:26

I've added ... significantly.

[amt] 24/3/2023 10:31

Marin Ive continuing to buy.

[hazl] 22/3/2023 13:48

My thoughts,as well base 7.

[base7] 22/3/2023 13:29

Martin Ive was buying over 7p so must consider our shares even better value at under 6p.He Cate & Martin,all of whom attend Board meetings must be in a good position to assess our prospects & whether or not our shares represent good value, or not.

[hazl] 22/3/2023 13:01

Istabraq Pty Limited (Katmai Investments A/C), a person closely associated with the Company's Chief Financial Officer, Martin Ive, purchased a total of 563,588 ordinary shares ("Ordinary Shares") in the Company at a price of 5.90 pence per Ordinary Share.


Do they see it as a bargain now?

It seems to have amazing technology well sought after yet a share price kept low for some reason.


IMO

[base7] 22/3/2023 12:59

They need another 200 mill to take them to 19.99%

[hazl] 22/3/2023 12:56

Following this transaction LOAME holds 628,577,965 ordinary shares, representing 15.14% of the Company's issued share capital.

Goodness they have that much now.

Only just seen.

[nvhltd] 22/3/2023 12:26

Ok. That’s the boring presentation done with his team.

[nvhltd] 22/3/2023 12:11

Whatever the link was it didn’t work?