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cipia must presumably be affected by the ongoing conflict in israel. from what i read the israeli economy is in big trouble and things are likely to get worse. fortunately for mobileye it is effectively owned by intel and can perhaps relocate when the **** really hits the fan, like many of the colonial settlers in israel.
Exactly Joily, well said.
None of the DMS suppliers have announced the massive contracts that were to be bid upon, the date for implementation scuppered that, so these big contracts are still there to be announced, by somebody. I would be alarmed if a Billion $ of contracts had been announced, but they havn't so we all wait. Sorry folks but thats life as a small fish in the car supplier chain. All these tiny secrets are kept under wraps until the cars come out on test.
Meanwhile I first bought into this stock at 4.4p !
Lewbo will more likely be down Leicester Square with his banjo than having a boat partyš
That said, i am partial to a little swaree so hoping for an inviteš¤
Vol-au-vents with egg and coriander, guacamole toast, bottle of dom and Sandykneesurfer belting out waltzing matilda on the karaoke would make for a great boat trip down the thamesš¤
Lets do it!
Weāre more likely to be clinging to a rubber dinghy in the channel as the Somalian doctors and dentists make their way past towards Dover
I won't be there, I'll have more important things to do with my money than spend it on a boat with the rampers from the Telegram group. Actually, more like my kids will because at this rate I'll be dead before the SP gets to a level for the boat party to happen.
You assume PM and MI think like a PI. They don't see 4p and think they should buy more. They've invested substantially and will be focused on running the business. They don't have anything to announce, that could change. They do not control the share price, although they will be frustrated with it. They are privy to more than we will ever know and suspect they have invested substantially based on this. They are no fools.
I understand your pain seize, but stay positive if you were always intending to be here for the long haul.
Lewbos boat party will happen, Baxter and isb will be there.
"If directors knew good results are on their way while are they not buying at 4p ?"
Because that is known as insider trading and is highly illegal. The directors may have knowledge of impending deals which prevents them from trading until it's in the public domain.
I guess they haven't got anything to update us on. Don't worry the second inflection point will be along soon!
Assuming you've bought shares at this price seize? Always bemuses me on these board when people say there is no news. If they have no news of contracts or KPI's then they can't put anything out?. What do you want.. them to put out a message to say everything's OK.. dont worry. As for shares, they both have a substantial amount... perhaps s they can't afford any more at the moment... I know I can't!
Why are you not buying shares to install some confidence in your company ??
The continued. silence & lack of progress by SEE is now beyond a joke.
The market either smells something bad & pushing share price down or we are getting played like all the other crap*y AIM stock out there.
If directors knew good results are on their way while are they not buying at 4p ? Absolutely shocking PR & marketing by SEE once again letting market players punish us because of lack of clear news & concise updates from this company.
That is because the forward collision ADAS will be added at point of manufacture due to the new rules so they will be making the money from that instead.
G3 isnāt taking off the way it was expected to really and the mobileye announcement is just another PARTNERSHIP that has production absolutely nothing, are seeing machines difficult to work with? There must have been something in the pipeline for the partnerships or licensing deals to start in the first place? Then absolutely nothing.
What about all the G2 stock? Do we still have fortunes tied up in that?
Never mind it should all be ok by 2028
Maybe no more
https://ir.mobileye.com/news-releases/news-release-details/mobileye-wind-down-aftermarket-solutions-unit
I guess this division might be the one linked to guardian distribution?
Sorry feb 23
From SEE feb 24.
Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, announces that it has signed a non-exclusive Distribution Agreement ("Agreement") with Mobileye Vision Technologies Ltd ("Mobileye"), industry leader in the development of advanced driver assistance systems ("ADAS") and autonomous driving technologies.
The Agreement enhances Seeing Machines' Aftermarket offering, Guardian, which targets the commercial fleet sector, by incorporating the Mobileye suite of Aftermarket products to alert drivers of potentially dangerous situations.
From Mobileye 20/3/24
Volkswagen Group and Mobileye will work on three levels of technology; hands-free, eyes-on driving; hands-free, eyes-off systems and fully autonomous vehicles.
AConcept...
Just my personal guesstimate.
Hopefully wrong but I just feel things are very tight and volumes are the big issue....perhaps the KPI's in a few days will assuage my fears.
Last week I posted the types of volumes I estimate they need to breakeven in any quarter - Cannot see it happening in calendar 2024.
Why are people on this board suggesting this exactly?
Stifel - who I presume did their due diligence - said that itās extremely unlikely that we will need a fundraise again because we are due to hit break even FY2025 and have enough runway to get us there
Would imagine based on their cashflow and funding if they wanted to do dms their best route is via aquisition and Cipia being Israeli and cheap might offer best synergy and design wins already on table. Easier to integrate if backoffice or tech teams in same country. Tobii and smarteye in Sweden, see in Australia etc.
Good news there is that none of the Mobileye developments over the next few years include DMS as far as I can see.
A quick look through the four future developments shows that all are focused on Exterior sensing not interior.
Does not mean they are not working on DMS but at least nothing concrete announced for now.
Announcement that Mobileye will ship 46 million new assisted driver chips over next few years and still we wait for an RNS for any new volumes !!!!
https://stocks.apple.com/Ag3a9hxjYTw6oys3eBakWmw
Well a higher proportion of recent trading has beem of the AT variety, suggesting your average PI is not behind the move
The last few days have had pretty strong momentum but hopefully we can build a base around here if the selling isnt too persistent
We certainly need some positive news.....preferably not of the PM jam tomorrow variety
I would suggest that should we win a decent amount via valeo or magna for mirror or other neat solution then some NRE may need to be covered but the mirror route likely means minimal and more magna than us for input. If the share price miraculously goes north on back of breakeven and new contrast then I am not against 30% dilution for aquisition - my pref would be tobii. Stripping headcount and duplicated roles could add wins, tech ip and on road sales at a profitable level. Lot of road to run to get there without hitting any major humps.
I'm keeping focused on that.
What is date of next KPIs, or financial update?
I'm sticking with SEE until break even as long as its within next 18 months.
We are not doing great but I think we have enough money for a while so do not expect any placing. However all hinges on sales, clearly PM has budgeted on increasing sales to offset the operating expenses, hence predicting profitability next financial year which starts in July, ( 2 months to end of this FY).
If revenue do not ramp up then there may be cause, but if the profitability is not kicked too far into the distance then they can take a bridging loan from a bank. Hopefully however these discussions will only be of academic exercise as PM surprises us, he has to be right sometimes .....even a broken clock and all that...
How can a placing be on the way? According to PM we donāt need to and we will be cash breakeven within 8 months. PM is never wrong and has never said anything that hasnāt happened ā¦..