Seeing Machines Share Discussion Threads

[nvhltd] 15/8/2023 19:19

It's not totally clear to me whether sales via the Magna mirrors come via Seeing Machines sales team or the Magna sales team? When Paul states that they are working on 12 RFQ'S I don't know if they could be for OEM's via Magna or via another tier 1.

It could be that we have received 4 RFQ'S via 4 tier 1's, but for one OEM program.

[boonboon] 15/8/2023 11:51

With the Magna mirror solution the time taken to get into production reduces significantly imo.It's basically a plug and play system with a few individual tweaks needed for each model.

[jmoexpress] 15/8/2023 11:43

Yes they do - please research historical RNS

[amt] 15/8/2023 05:06

I don't think they announce individual ones anyway.

[stuart4u] 14/8/2023 22:04

Im not aware of anyone else claiming big contract wins recently. So all dms/oms suppliers are in the same boat oddly enough?

[amt] 14/8/2023 14:49

Timely post, thank you. Reminds us of the enormous potential.
I recall Seeing signed up with Samsung a few years ago.

[skinny] 14/8/2023 14:35

Thanks - clicakable link :-

[babbler] 14/8/2023 14:33

https://www.proactiveinvestors.co.uk/companies/news/1023389/eye-track-technology-driving-change-in-a-market-ready-to-boom-1023389.html?viewSource=TwitterUK

[nvhltd] 14/8/2023 14:02

The performance of the company is so very disappointing. We may have cars hitting the road now and in the near future, but we haven't won a new OEM contract in more than a year. If a program takes 2, 3 or 4 years to implement then any new contracts are years away from adding real revenues.

Last year they stated they were working on 12 RFQ's, but not a single one has been won or announced.

Contracts already announced and about to be delivered are old news and demonstrate the timeliness from announcement to revenue generation. It's a long process.

We're supposed to be in the second phase of another billion dollar market size. The first billion never arrived and the second billion hasn't arrived yet either.

We're fast heading towards Q4 and we have no news on Guardian 3 or orders.

We're 10 months on from the Italian Job and talk of an imminent 330 aircraft order.

The August updates needs to address all of these issues and for Paul to either deliver or shut up. His hyped up comments aren't helping himself, the company o4 investors.

Something doesn't smell right. I don't know what it is, but something stinks. Maybe new players are stealing our lunch? Maybe the regulatory deadlines and market size isn't what we've been told? After all the americas market for example haven't agreed to any regulatory requirement for DMS / OMS.

[unionhall] 14/8/2023 00:46

Next two weeks might see the company starting to move from the interminable foothills to basecamp 1 and ready for the final long ascent to profitability.

Let’s hope the numbers when they arrive don’t disappoint…

[amt] 04/8/2023 10:29

Good articles. I expect Seeing Machines to take the majority of this market. There isn't anything that competes with it as far as I can see.
Maybe Tesla will have to change their strategy.

[mallorca 9] 04/8/2023 10:04

Strong buying here .... anybody might think that there's a Trading Update due !

[zero the hero] 03/8/2023 13:42

Nice 10%+ reversal from the bottom, these were very much in oversold territory and the trading update surely must enforce those thoughts ... we will see.

[base7] 02/8/2023 14:09

Trading update 22/8

[wsm812] 02/8/2023 13:21

Agreed Skinny, its becoming an annual event!

[wsm812] 02/8/2023 13:15

Breaking and staying above 6p will be a great start

[rimau1] 02/8/2023 12:33

Agreed Mallorca, we should get a Trading Update over the next 2 weeks.

[amt] 31/7/2023 23:33

Was that the bottom today, big turnaround

[mallorca 9] 31/7/2023 22:55

I think that the upcoming trading statement may calm a few nerves.

[shallwe] 31/7/2023 18:25

Nice finish to the day

[nvhltd] 31/7/2023 15:53

There hasn't been a new contract from a new OEM for more than 12 months now. We're supposed to be in the second billion dollar phase. The first billion dollar projected demand never materialised and the second hasn't led to any orders yet.

Whatever happened to the deal we had with Alaskan Airways. What product were they using if we don't have a product ready with Collins?

Was the Collins deal so great given the other players in the market and was only worth a poultry $10 million upfront over several years. We're probably going to have to wait years for them to develop a product given they've only started development this month.

Too many wild statements made by Paul that he needs to addressed.

[smithless] 31/7/2023 09:52

lack of news flow, troubled institutional investors (redemptions) economics. cheap but will need a lot of patience