Seeing Machines Share Discussion Threads

[amt] 04/10/2024 07:26

Thanks base for update. No doubt NVH will put a downer on that.

[base7] 04/10/2024 06:45

Presentations by Magna yesterday seem to confirm our presence in their latest generation smart mirrors.It would be great to know what their expected annual production numbers are

[lfc4ever] 03/10/2024 16:19

probably time to stop feeding the troll

[boonboon] 03/10/2024 06:41

The Magna license expires in 9 months, which means we should be able to negotiate a new deal.The money doesn't have to be paid back for 2 years though.

[nathanr999] 03/10/2024 05:47

But surely it won't worry you Stu T cos you sold out because of the impending bad news. Right? In fact one could ask why are you still here moaning on?

[nvhltd] 02/10/2024 17:14

We're now in the final quarter of 2024 and no one can dispute that it hasn't gone to plan according to the claims made by Paul and Co.

The expected busy first half of 2024 for OEM new contracts based on their "confidence factors" and "what's in the hopper" hasn't materialised. Infact 2024 has to be one of the worst years fir new contracts for a very long time and that's with less than 2 years to go before ADDW system requirements of GSR kick in.

They've missed their target for news on a red / blue label product for aviation and let's face it we are looking at a 10 year timeframe before a product is mandatory in aircraft.

Then there's the lack of any news or sales in aftermarket for Gen 3. Have we actually got any product to sell now we've sold the remaining Gen 2 product for a song to Caterpillar?

Is a raise coming to fund Gen 3 production.

The Magna deal expires in 9 months and payback of the CLN is looming large. There's no way Magna will convert at 11p if the actual share price is 4.5p.

Profitability has been indicated to be delayed.

It's no wonder the share price is stagnating around these levels.

There's so much that hasn't been delivered and it's no wonder they are so quiet.

[nathanr999] 02/10/2024 13:11

But surely it won't worry you Stu T cos you sold out because of the impending bad news. Right? In fact one could ask why are you still here moaning on?

[zero the hero] 02/10/2024 12:26

Why don't you just answer horsepower?

[nvhltd] 02/10/2024 05:56

I see that our main man in Aftermarket for EMEA has quit and gone elsewhere. Sold sweet fa under his tenure, but now we have a new product, regulatory tailwinds behind us and hundreds of thousands of PO'S it seems a strange time to quit?

Maybe he knew he just couldn't sell it and was missing his annual bonuses.

[horsepower] 27/9/2024 09:06

Why are you still here. Genuinely, I would be fascinated to know. Either you have an agenda or no life whatsoever. Which is it.

[nvhltd] 26/9/2024 17:55

There will still be plenty of competition whatever the regulations state. This is not the 3 or 4 horse race CB and others had us believe for years. We've just discovered our Tier 1 partner had their own DMS system that Colin never mentioned.

I'm looking forward to finding out next month what's gone so wrong with their predictions around contract growth in all verticals.

Only a few days left of Q3 and no new auto contracts and Where's the red label aviation product? It will be interesting to hear about Gen 3 sales in aftermarket and after manufacturer given they have sold the remaining Gen 2 products to Caterpillar for a song.

[lfc4ever] 26/9/2024 07:25

"So far many OEMs have taken the lowest cost option for DMS and just procured the cheapest software, or not even bothered at all. Fair enough, but the safety agencies are far ahead. Euro NCAP - For Safer Cars, Vans & Trucks introduced owl and lizard movement detection to its 2023 hashtag#OSM protocols, which served to reward hashtag#eyegaze tracking over simple head pose. This formed the foundation for hashtag#GSR to demand eye gaze tracking for hashtag#ADDW (distraction) compliance. ADDW isn't advisory like hashtag#NCAP but mandatory and required in all Class M and N vehicles sold in the EU from 7 July 2026. hashtag#Homologation is necessary before this date.

We don't know specifics, but Euro NCAP is set to publish its 2026 OSM protocols soon, which will probably raise the DMS performance bar further by using eye gaze tracking to monitor hashtag#cognitivedistraction. In turn, that is likely to be introduced into a revised ADDW protocol for GSR compliance in 2027. We know from the Global NCAP Congress held in April that hashtag#NHTSA is involved in protocol definitions, so elements of what we see happening in Europe will appear in the NHTSA hashtag#FMVSS for impaired driving later this year.

The race to offer automated driving, roll out software-defined vehicles hashtag#SDV and lately to add hashtag#GenAI and hashtag#ChatGPT to their vehicles has led many OEMs to dismiss the significance of DMS legislation. But DMS offers the greatest advance to road safety since seatbelts and airbags, and the safety agencies know this.

Tesla can talk up hashtag#FSD all it likes, so too other OEMs with hashtag#eyesoff driving. But here's the thing: OEMs have to install DMS that is compliant with the regulations for homologation and FMVSS or not sell their vehicles at all. So what is the priority now?"

[amt] 25/9/2024 19:35

Yes but wait until 2026 and they won't have a choice.

You only quoted the negative stuff, overall the article is bullish.

[nvhltd] 25/9/2024 18:56

Quote from CB on !linkedin just over a week ago:

"So far many OEMs have taken the lowest cost option for DMS and just procured the cheapest software, or not even bothered at all".

[lfc4ever] 25/9/2024 13:13

"Colin Barnden again posting and confirming that OEM's are choosing low quality and low cost DMS. It's no wonder we've hit a brick wall with new contracts."

which posting are you referring to?

[nathanr999] 24/9/2024 22:03

But surely it won't worry you cos you sold out because of the impending bad news. Right? In fact one could ask why are you still here moaning on?

[nvhltd] 24/9/2024 19:56

It's perfectly clear based on the tripe they've peddled out that they aren't delivering to expectations. They may well be increasing the number of cars with dms, but growth needed to sustain the rate of installations has collapsed and needs explaining openly. There should be no more kicking the can down the road or saying that the delayed contracts are a good decision by the OEM'S or that the proposed contracts look "bigger and better". We've heard all the bs excuses. We need to know why they aren't winning new business. However, I suspect we will hear the same lame excuses and break even pushed back to at least the end of this financial year.

[lfc4ever] 23/9/2024 10:28

"Colin Barnden again posting and confirming that OEM's are choosing low quality and low cost DMS. It's no wonder we've hit a brick wall with new contracts."

which posting are you referring to?

[amt] 21/9/2024 13:49

Seems odd to me that someone who slags of the people running the company still holds shares. So contradictory.

[horsepower] 17/9/2024 10:16

Like this guy would ever get invited to a party

[wsm812] 17/9/2024 09:21

You must be such fun at parties!

[nvhltd] 16/9/2024 20:24

Colin Barnden again posting and confirming that OEM's are choosing low quality and low cost DMS. It's no wonder we've hit a brick wall with new contracts.

[amt] 16/9/2024 08:07

Nvh Someone has just posted about Toyota and their DMS.

No evidence to substantiate that claim

[amt] 16/9/2024 06:10

Yes he is a glass completely empty person.
Also his comments about those running the company are rather distasteful at times.