Seeing Machines Share Discussion Threads

[smithless] 03/3/2025 08:18:06

If you want to turn into full BS mode tune into Smart Eye/Redeye. They got lucky because they didn't provide any real quantitative numbers to assess progress. The motor industry is in a mess, but all cars, van, lorries and buses will have to fit DMS by mid June 2026. That is reality. OEM may try and leave it to the last minute, but its going to happen.

What I find interesting is why Valeo and Mitsubishi, both of which had working DMS products, handed there programs over to Seeing Machines. I can only conclude its difficult to provide a satisfactory product to the end user (in Mitsubishi's case this was obvious in Australia when it got slated for its bad DMS).

Good DMS is very difficult to do, thus my so many have turned to SEE.

As for the CEO of SEE. Has he lied? Don't think so. Over confident yes in a market that near term visibility is difficult to predict. They have a good product, which obviously the tier 1's and OEM's respect and cheap DMS will not work with the end consumer.

June 2026 is coming, the geopolitical and macro side we can do nothing about

[amt] 01/3/2025 09:26:38

A liar is somebody deliberately telling an untruth. Some things have not come to fruition but as PMG has stated candidly that the only certain thing about forecasting is that it will be wrong.
No evidence that many of the OEMs have solutions already. However we have been told that many RFQs are appearing now so it looks like a mad rush to meet the deadline.
Best to read that Daily T article

[base7] 01/3/2025 01:22:38

NVH -Magna are Canadian so a contract extension would not need to be signed here ,though I presume that your hypothesis is that the Magna contract will extend ,perhaps for 5 years or infinity ,& Paul & Martin will be here to beat the drum with Stifel & other IIs & hail the triumph -which,if so ,would be a positive -depending on the terms of the extension .Whilst disappointed by events of this week ,remaining strangely optimistic & looking forward to the forthcoming TH

[amt] 28/2/2025 23:45:28

I think its 20% not 25%..
Nvh has been thrashing about for a while but not understanding its the underlying problems in the market and not the company.
3 incredible partners should see us to a bright future next year.

[horsepower] 28/2/2025 17:45:57

Really - go to the pub. Get some friends.

[nvhltd] 28/2/2025 16:33:53

The business has a future and so does Smarteye. I said that the other day, but it won't be as an independent company. They will be taken over and PI's wiped out if they don't deliver soon.

It's strange that they are coming to London next month given the disastrous quarter they have just had. I suspect the industrial action at VW was one of the significant factors.

So what are they coming for? My guess is the extension of the Magna deal or news around Guardian and the trials they are undertaking. It's hard to see any positives. Whatever it is they must already know about it.

[horsepower] 28/2/2025 16:17:03

Give yourself a slap. Mitsubishi don't buy 25% of a business with no future.Why waste your life here if you don't hold. Let me think?Pathetic man.

[base7] 28/2/2025 14:22:38

Interesting that Pout & Puff suddenly appear when there is bad news.I appreciate that you maybe Fanboys,Girls etc of Smarteye,Tobii,Cipia, or Musk but I am guessing that you have no shares in See & have appeared purely to gain some vicarious pleasure out of the losses of others.DMS /OMS will be a big market & all participants should do well, in time so why dont you revert to chat boards relating to companies in which you have a holding rather than acting like 12 year old adolescents.
I doubt whether any SEE holders , not holding shares in their competitors, would spend any time on chat boards of competitors.If you happen to be Directors or senior employees of competitors of SEE you should resign your positions & pay back your salaries due to ypur truy pitiful behaviour.
Wishing everyone well for the sunny weekend , in England - not sure about Sweden ?

[snpout] 28/2/2025 13:43:45

No worse than the rampers saying 50p plus which has been bandied about for years. This dog never fails to disappoint

[horsepower] 28/2/2025 12:39:53

What a load of unadulterated rubbish. Hang your head in shame.

[jpuff] 28/2/2025 12:13:45

Looking like 1p is in the cards here unfortunately

[amt] 28/2/2025 10:33:28

Intrinsic value about 12p so anything less than that would be a good deal. As Mitsubishi already have 20% then if they paid 6p for the rest it would be ancabsolute bargain.

[smithless] 28/2/2025 10:01:05

Just doubled up. Madness

[amt] 27/2/2025 18:44:26

Mitsubishi is enormous 30 plus billion market cap.
Since October 2016, Mitsubishi has been one-third (34%) owned by Nissan, and included in the Renault–Nissan–Mitsubishi Alliance.

Interesting that they took an additional 4% or 5% after fund raise.
I suspect eventually they will swallow Seeing Machines

[amt] 27/2/2025 07:03:12

As predicted Martin Ive bought some shares yesterday but only 250,000 and he paid 3.21p so didn't time it very well.

[amt] 26/2/2025 22:48:41

Smart Eye has roughly the same market cap as See now but See is 3 to 4 times larger.

[amt] 26/2/2025 22:46:25

A good explanation of what is going on

[amt] 26/2/2025 21:13:28

Interesting if you go back and watch earlier interviews Paul states that forecasting is very difficult and he even says that forecasts will be wrong but they try and make forecasts that are the least wrong they can be.
It's clear the latest turmoil which he flagged last year has had a bigger impact than expected.
These are blips on the way.
Mitsubishi took months of analysis and negotiation to pay 4p a share and I trust they know a lot more about it than the analysts or BB posters.
Longerterm there are a host of other markets outside of transport that this technology can be used in.
The fact that Smart Eye appears to win many deals is a red herring. The OEM s want competition so they can use it as part of their negotiation with Seeing Machines is important to understand.
Finally the fact that overall analysts actually raised share price targets a little today demonstrates they can see through this short term difficulty.
By the way Guardian is expected to ramp up in March so that's not so far out that we should start to see some good numbers there even if auto programs don't start in a big way until 2026.
Plus we should see some RFQs announced.
So not all doom and gloom

[nvhltd] 26/2/2025 19:41:56

So sad to see a company with so much potential being ruined by a deceiving CEO,

One number tells us all we need to know about Paul's management ability. 288 Guardian 3 sales. 288 in a global market of millions of commercial vehicles built every year!!!

That's just pitiful and the explanation is pitiful too.

We've had delay after delay with thus product and excuse after excuse.

Cash break even is pushed back again and will run out for sure. The CLN that appeared so far off is now looming large.

[smithless] 26/2/2025 15:46:58

Either Martin Ive's and fellow directors who have bought recently are delusional or know something ia coming down the longggg awaited tunnel. I will most probably go to the meeting nxt mth as its only 20min on the tube. Personally I thought Mr Ive's would have got a better grip on cash outflows by now. Nothing they can do about unachievable zero emission target and tariff man trump