Seeing Machines Share Discussion Threads

[jmoexpress] 09/6/2025 15:11:52

Guardian 3 units to hit 24k annually - this will push us to breakeven alone. Once the 24k milestone hits, Mitsubishi will no doubt want to expand production - who knows what the production rate could hit now they are involved

[jmoexpress] 09/6/2025 15:09:29

Ramp up of GSR required DMS will be starting to hit KPIs very shortly - kicking off the hockey stick. 2m cars per quarter as Nv says - this growth is stunning

[jmoexpress] 09/6/2025 15:07:05

Mitsubishi sales should start reflecting in August KPIs - looking forward to that too

[jmoexpress] 09/6/2025 07:05:48

Thanks for the info - this is all very exciting :)

[nvhltd] 08/6/2025 15:49:17

It doesn't matter where they come from. Globally and no matter how or where they are fitted Guardian 3 production in 24K units per year. That's what the data is telling them to produce Globally.

They also told us that as things stand they expect to sell 2 million dms per quarter by around the end of q2 / q3 to hit GSR 2 deadlines.

There isn't anymore to come from Europe unless they win business from competitors. It's a 13 million vehicle market. End of.

[nvhltd] 08/6/2025 15:41:44

Trying telling that to SEE. They are the ones telling us we are working on 7 or 8 more RFQ's and we could expect news in the early part of 2025. They also told us that they have hundreds of thousands of PO for Guardian 3 and TAM in Europe of 330K commercial vehicles and yet production is set at an uninspiring 24K per annum.

Three weeks left to announce an extension of the Magna deal and before we hit h2 of calendar year 2025.

[base7] 07/6/2025 08:24:00

Let’s hope our Q4 KPIs ,due for publication in early August ,perhaps with a FY25 trading update ,will exceed expectations ,as did the Q3 KPIs ,& reassure The Market that we are on track .Lets also hope that G3 production reached 6000 units in Q4 & that they were all sold with a good % fitted .News regarding the 7 trials of G3 (which could result in decent factory retrofit of G3 ) will also soon conclude & result in orders .
The next few weeks are crucial in determining the future direction of our share price & I remain in the optimistic camp

[amt] 07/6/2025 06:24:25

Nvh you have got it wrong. Smart eye is a direct supplier of basic DMS systems while Seeing machines is collaborating with Valeo and Magna and integrated with their systems. You won't see announcements therefore but we don't need to worry See are making a lot of progress and that will start to show up in the quarterly numbers later in the year and next year should be explosive.

[horsepower] 05/6/2025 15:10:49

The question is why do you spend so much of your time posting on SEE.

[nvhltd] 05/6/2025 11:47:46

Here's one of the burning questions that SEE deliberately won't clarify.

They recently revealed that all contracts have been awarded to meet NCAP and the GSR deadline in July 2026. This was despite investors being told for the past 2 years that they were working on many RFQ's that have yet to materialise.

We're now told that they are working on circa 8 RFQ's for 2027 and beyond. We've also been told that some of those oem's are in Japan.

So here's the questions.

Specifically in relation to the Japanese RFQ's, but also more broadly. Which company’s are providing DMS to all of those companies to meet NCAP and GSR if the RFQ's are from 2027?

Because these new RFQ's are from 2027 the company has deliberately not clarified if these are for new customers or renegotiated contract with existing oem's for new car models.

They have downgraded their market share forecast to 35%, but are expecting circa 50% of the initial European market (1.6 million cars per quarter out of a European TAM of circa 13 million cars. Equals 6.4 million vehicles or 50%.

So the contradiction is the downgrading of expected market share to 35%, the gap in understanding where all oem's are sourcing their dms to meet the deadlines and who or why there are 8 RFQ's for post 2027 (new business, extension business)?

In addition circa 1.6 million vans, 327K trucks and 36K buses sold in Europe every year. If vans are fitted with DMS and included in our 1.6 million per quarter then our market share drops, but equally vans could have Guardian 3, but our pitiful production volumes would suggest otherwise.

The bigger question is which company’s will satisfy the 360K commercial and bus market just for Europe?

[lawson27] 04/6/2025 16:10:09

Lot of volume, little movement @2.3s, always makes me nervous!

[smithless] 02/6/2025 08:00:13

nvhltd, if you are a holder sell if you are unhappy. If you not a holder you must be a very sad person. We all know the Magna mirrors are going into the VW group later this year. All the major GSR stuff was done ages ago and any new contracts will be via interior monitoring etc or other countries adopting DMS/IMS

[nvhltd] 01/6/2025 13:35:33

29 days left until the Magna deal expires. It's been an amazing success with dozens of contracts delivered for the "holy grail" interior mirror position since we signed the deal two and a half years ago.

Sorry, rewind. They have signed one of 2 contracts, but to this day no one, including Colin Barden, has seen one in a vehicle or evaluated it.

Only 4 weeks to go before we close out calendar year H1 and still we wait for the illusive new contracts we've been promised for the past 2 years.

[longsight] 30/5/2025 08:05:18

How long before SEYE go bust?

Sales are tiny and barely growing.

[nvhltd] 30/5/2025 07:21:54

And there you have it, another month passes with no new business added.

The London Town hall meeting turned out to be such a waste of time, but not only that Paul has lied, deceived and failed yet again to deliver any new oem contract in "early" 2025.

Growth in fitment rates maybe increasing as we head towards July 2026, but there has been no new business growth for 18 months or more.

Time to kick the ceo out. He has lied, deceived and failed from the day he walked into Seeing Machines.

[smithless] 23/5/2025 12:34:49

Well SEYE certainly winning the market cap award SEYE £208m v SEE £109m. NEWSSSSSSSSS?

[amt] 19/5/2025 07:14:02

Nvh rejoice at that news. Sounds very positive.

[nvhltd] 19/5/2025 06:53:14

Even if they hit all of their targets going forward they will be maxing out at circa 2 million DMS per quarter. The new target is now 35% and their own trend is downwards. The US and other non European markets are years away from mandatory fitment.

[longsight] 13/5/2025 19:07:03

nvhltd - are you still so keen on SEYE?

SEYE numbers for Q1 look really awful.

Looks to me like SEYE are falling out of the race. If SEYE can't turn orders into actual sales then something is very wrong there.

[nvhltd] 13/5/2025 18:27:56

Two weeks into the 'middle' of the year and still no sign of any new contracts from the 7 or so RFQ'S they are working on for 2027 and beyond.

Only 6 weeks remaining on the existing Magna exclusive deal.

No news from the 100 of thousands PO'S they claimed they had in the bag for Gen 3. No after manufacturer contracts announced for Gen 3 other than Wrightbus. Production Only 24K per annum.

[mirabeau] 12/5/2025 11:27:28

Nice bowl formation on chart, looking perky this morn.

[lawson27] 09/5/2025 15:29:15

nice to see a director dipping his hand in his pocket, GLA