http://www.freep.com/story/money/cars/2014/10/21/nhtsa-takata-recall-revised-airbags/17696931/ http://edition.cnn.com/interactive/2014/05/us/gm-recalls/ September 4th - GM recall relating to Airbags.
I heard about this a few days ago. Oh dear oh dear. I don't suppose this will be too damaging to Seeing's endeavours however.
From Bloomberg "A deepening crisis involving deadly air bags is shaking confidence in the ability of automakers including Toyota Motor Corp. (7203) and Honda Motor Co. to ensure the safety of millions of U.S. drivers. Toyota is advising U.S. owners to keep passengers out of front seats until defective Takata Corp. (7312) air bag parts are replaced, four months after following the same procedure in Japan. Takata faces investigations into whether exploding shrapnel from its flawed parts are to blame for at least four deaths involving vehicles made by Honda, including a Florida crash that was initially investigated as a homicide because of deep gashes to the victim’s neck. "
You are correct some things are educated guesses, but some come from reliable sources that I have established over the last 2-3 yrs. the only issue I had previously was the ability for seeing to meet demand, the company seemed too small, quite a nice issue really. the move in manufacturing to Hong Kong last year pleased me. I would also be very pleased to see an additional team of technicians recruited soon so that see can take advantage of the demand in the automotive area. This info and the takata came from reliable sources.
Interesting to see the bid being dropped and spread opening up to give the impression of a share price drop to encourage sellers. Think a stake is being built behind the scenes. Im not giving up mine Mr MM. Wise to your trickery now.
Hi Golden I believe you but wasn't your prediction about Takata being the OEM just a very educated guess based on Takata being a partner of Seeing's and publicly available information (Takata's financial report) which suggested they were coming up with a 'driver safety system' that was incredibly similar to Seeing's? What are you basing your conclusion on this time if you don't mind me asking? Again, I do believe you but if there is any publicly available information that you are basing this on I wouldn't mind seeing if that's ok? Cheers
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