Seeing Machines Share Discussion Threads

[smithless] 04/4/2025 12:01:38

Its in the RNS quote 'The ESTIMATED revenue of the order is SEK 200 million based on product life cycle' projections and with all its RNS's. How can one estimate on a product life cycle when the product hasn't even begun its life cycle?

[amt] 04/4/2025 11:41:56

What evidence do you have for that?

[smithless] 04/4/2025 09:46:09

amt - purely a fictional number made up by Smart Eye, as with all its estimates.

[amt] 04/4/2025 09:37:33

What about 20m usd contract value ?

[smithless] 04/4/2025 09:15:23

Smart Eye's yesterdays RNS translated. We have won 2 NRE awards which may start production in 2027, but be paid a small amount for engineering work Q2 2025.The rest is puff - Musk would be proud of them. As for customer pure guess work. Reminds me of another RNS it put Aug'24 re design win with major Japanese car company.

[amt] 04/4/2025 08:55:34

Well it does seem like a small contract for Smart Eye worth about 20 million usd but potential of 200m usd.
They now have 800 m usd potential but not firm orders.

[smithless] 04/4/2025 08:01:45

nvhltd are you really that naïve. Don't you think the timing of SE announcement somewhat perfectly timed. Falling share price. A day after CB's comments. There is no real detail in SE announcement, just investor relation puff. I personally think a fund raise is needed by SE, as its debt facility is very expensive. It has a history of pushing its share price to do a placing and the debt facility goes away until next time

[nvhltd] 04/4/2025 07:00:31

I bet the team are going back to Australia with their tails between their legs and the arrogant Colin Barnden eating a huge piece of humble pie. With impeccable timing Smarteye have blown CB's argument that SM with their approach is way better that Smarteye's software T1 approach by winning a big Japanese contract. In doing so they also beat the CEO to deliver not only in Japan, but in the early part of 2025. We can only cling to the hope that this time they will deliver one thing on their everr failing and delayed promise to win a Contract by the end of April.

They must be cringing into their cornflakes this morning. The Smarteye CEO must be laughing his head off after hearing his company trashed by CB in particular and then delivering a new contract in Japan.

No wonder SEE have lowered their market share expectations to 35%.

[amt] 03/4/2025 08:58:13

Sounds like you are closing your short positions NVH so if others do the same then perhaps a turning point.
10m per qtr of positive cash flow from Spring 2026 as they confidently predicted would send the shares price to 12p or more I would have thought.

[longsight] 03/4/2025 08:48:19

nvhltd

you post far too often - and always the same. It undermines your impact - it is difficult to take you seriously

[amt] 03/4/2025 08:19:48

I must admit it raised more questions than answers but why would Directors buy such large number of shares if they didn't believe it.

[nvhltd] 03/4/2025 08:15:27

It's all smoke and mirrors and yesterday's pathetic event did nothing to clarify anything.

[nvhltd] 03/4/2025 08:02:09

Here's another factoid confirmed. Any new contract awards will be for delivery from 2027 which as everyone knows is after ncap and GSR 2. So according to Paul there's no new business to be won for delivery before 2027. That means 'all' oem manufacturers must have selected their DMS provider by now for the ncap and GSR 2 deadline dates.

So it begs the question who are the oem's targeted with the current RFQ's that were going to be won in early 2025, which by any definition closes in 4 weeks time? If these oem's contracts are for 2027 and beyond what dms system are these oem's using to meet the NCAP date and GSR 2 date?

So the missing OEM's have either gone with the other DMS providers or some unknown DMS provider. Colin Barnden only listed the usual 4 suspects, but none of them or Colin with all his research cannot explain or offer an opinion where the other oem's have gone to for their dms?

It was also notable that VW have still to ramp up.

As for the holy grail MAGNA mirror it hardly got a mention.

[amt] 03/4/2025 07:26:22

Yes sorry meant to be 20p per share. It's difficult to predict given the wide range of views from catastrophe to booming.
If in the middle then only 10p per share is realistic. Anyway only one year to wait to find out who is right.

[base7] 02/4/2025 23:57:22

AMT -$1bill valuation equates to 20 cents per share not 200-& I am sure we will all be very happy when our share price hits 16p ,some time in the not too distant future

[amt] 02/4/2025 23:33:53

Well assume 40 m cash generation in 2026 and 60m use 2027
Share price 20×50 = 1b m usd
Or pe ratio of 20 gives 1b usd
About 20p per share

[snpout] 02/4/2025 21:54:58

According to one of the boys on lse he’s more confident than ever. But he won’t reveal why as the armchair warriors will just shoot down his analysis. His delusion is almost beyond belief

[nvhltd] 02/4/2025 21:42:26

The whole thing is dreadful. All 3 verticals have delays and issues.

I've just watched it for the second time. It doesn't get any better. It actually gets worse because they offer very little explanation in the disconnects between each market TAM and their production or sales projections.

It's no more stark than Fleet. No mention of After Manufacture. So no mention of RFQ'S, Homologation, oem's, competition, market size etc. Sweet FA. The TAM in Europe is 330K new commercial vehicles, but not a mention. All we got was Gen 3 production started in March, will take several quarters to ramp up to the quarterly target of 6,000 units. That's only 2,000 more than they were producing for Gen 2. Tye long-term target was 9,000 per quarter. So where has all the hype and expectations gone for selling into After Manufacture and we were the only ones with a product?

Gen 2 they admit now was a pile of pants and Gen 3 despite being through rigorous tests was a bag of nails. All of which was hidden from investors.

The result of their deception and failure to execute is redundancies, delays, a collapsed share price and ongoing financial risk in not being able to pay the cln back without borrowing or some other financial spinning of plates.

Aviation as I have said before is 10 years away from commercialisation. Collins have cut funding to it's development.

Not to worry though. Some ole fart wanted a Gen 3 for his old banger.

[amt] 02/4/2025 20:07:28

35% is dreadful if that's what they said but I suspect you misunderstood.

[amt] 02/4/2025 18:45:52

I am inclined to believe longsight rather than nvh especially as directors buying

[longsight] 02/4/2025 17:01:33

great presentation. Scale up on Fovio over the next 4 quarters is stonking.

On Fleet, 24k pa initial production capacity. But that is 2.5x the historic sales. Scale up to 36k easily. MEM offer potential manufacturing to any level they need - eg. 1m pa if needed.

I don't mind the bearish sentiment since I am currently buying stock.

imo, a remarkable opportunity for investors at this point.

[barrieb] 02/4/2025 16:48:02

Very good point Smithless, Either way it should be a positive but I guess we will just have to wait and see! Not long now though.

Perhaps someone else asked during 'Extra Time'!