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I agree. Would be nice to know what they regard the potential here, what is achievable and what they are working towards, though.
2020....thanks for taking this on. Not sure if the below has been asked as I have been away for a couple of days.
Fleet - Whilst installation rates are a good guide I would like greater visibility into fleet revenues and specifically margins, with a breakdown of recurring and one off revenue.
Lets see what Monday brings.....
DR777
Lets hope for a nice flurry of buys last hour or so. Thats always a good sign of things to come.
Smokey2 , mentioned in his post , copy below
What mcap do they see the company having in say 5 years time?
here i am wondering what will happen in a few days time without trying to get my head around another 5 years , the board cannot give us a idea what mcap they will have in 5 days , if they give us a 5 year forecast could the story would be a best seller in childrens fiction , as always have A GOOD day
Maybe SM could just answer our questions directly onto this board as we know they are reading them.
Are we going to see some volume in trades this afternoon as the results 'become known' to the MM's?
See2020 - I agree that you cannot quote a holding as I wouldnt expect all regulars here to divulge their holdings-although it is clearly a substantial number of shares collectively which I would not be surprised if it was in the range 50-100mill, 1.5-3% of our current issued share capital ( including Kens 8mill shareholding)
Yes, I'm not sure if we offer this buy it's important we do tho' SEE could be working on it or as you say we may have a specialist FR company that embed their software into Fovio.
That's my reluctant sell of 15000 to pay a debt
schlem
I wonder if we have standalone or working in conjunction with the infotainment type suppliers?
How many different types of systems are there?
Is Facial Recognition (FR) part of DMS Fovio's offering? The use of FR to personalise the owner's vehicle is important. Identity to unlock the vehicle. Identity to personalise a car's settings ie seat arrangement, radio tuning, heating levels etc etc
Perhaps not surprisingly Auto is by far the biggest section in terms of questions, hopefully many will be answered in the RNS or House Broker note, some great question so I expect a few will remain unanswered. Feel free to keep adding and I will update again later
Automotive / BDMS
1) What type of products in auto are now ready for mass deployment. And what are the differences?
Top end DMS
Mid range
Budget range – Terry
2) Can we expect further BDMS awards? Could there be a possible licencing of BDMS? – Chris100
3) How about an update on how many auto RFQ decisions we are still waiting on and of that number how many are with new customers as opposed to extensions with existing customers. – isb
4) If, as expected, European legislation is passed mandating DMS, will this alter the basis of the calculations that are used to predict lifetime revenues for each of the OEM contracts? – Cella
5) How may DMS units are expected to be shipped for the existing OEM contracts for the 2nd half of the financial year? This of course might only be relevant to GM, but also possibly Byton? – Cella
6) Who does SEE see as their main rival now? Is it Mitsubishi or Smarteye and what are their relative strengths and weaknesses? – maps
7) Is it now the case that OEMs are broadening the scope of contracts to include mid and lower range models? If so, how does SEE aim to satisfy this demand given the necessity to deliver camera-based 'safety' DMS cost-effectively? For example, can SEE provide a DMS chip with less functionality at a reduced price for budget models? – maps
#Team300
Some very good questions coming out guys. I expect PM to deal with a few before the webinar in the finals and FY20 indication. However i dont suspect all will be obvious so the questions to be sent by S2020 on our behalf are very important.
Thanks Seeing2020,
I've got a couple more questions if I may.
1) Who does SEE see as their main rival now? Is it Mitsubishi or Smarteye and what are their relative strengths and weaknesses?
2) Is it now the case that OEMs are broadening the scope of contracts to include mid and lower range models? If so, how does SEE aim to satisfy this demand given the necessity to deliver camera-based 'safety' DMS cost-effectively? For example, can SEE provide a DMS chip with less functionality at a reduced price for budget models?
Cella, good questions thanks.
For Auto I will capture all the questions, however its such a big topic I wont even try summarise until we see the RNS Monday
#Team300
A couple of further questions:
1) If, as expected, European legislation is passed mandating DMS, will this alter the basis of the calculations that are used to predict lifetime revenues for each of the OEM contracts?
2) How may DMS units are expected to be shipped for the existing OEM contracts for the 2nd half of the financial year? This of course might only be relevant to GM, but also possibly Byton?
SEE cannot spread themselves too thinly - that would be disastrous. focus on commercially viable projects and ditch liabilities that drag on the business..they need to be laser focused on creating shareholder value
Its perhaps confusing to include all the submitted questions, so for Marketing / PR and Leadership / board , I have just shown my suggested questions below
Marketing / PR
What can you tell us about the new PR company, what’s their main area of focus?
Do you expect to replace CG as a broker, have you considered US based broker coverage to increase profile?
Leadership / Board
When will you have a new CFO in place and are you replacing the CAT Ned who left many months ago?
What’s your personal view on whether a CEO should buy shares in the company he works for?
#Team300
I'm hoping Monday morning is manic as we are all excited by the details in the RNS and Cenkos report. To save some time I have started to pull together suggested overall questions under each topic, clearly these can be amended and will be updated post the RNS. As ever any feedback is a gift...
I start with Fleet and Aviation
Fleet:
1) What’s the current installation rate of Guardian per month. How many new distributors are being signed up for 2020 & how many extra units per month are anticipated through the added insurance deals taking place. – Terry
2) The fleet numbers (km travelled) have dropped over the last five 12 hour time periods when compared to last weeks figures. Is this an installation which is trialled and is then removed under an insurance company deal. Should it be how many units are signed up with a contract each month ? – Whatif
3) actual figure for current active fleet installs and like you have mentioned, install rate. – smokey
4) We should also ask about the outcome of the TFL trial on London buses – BB
Suggested Overall Questions (to be agreed)
Can you provide some data for Fleet, Latest installed base , Average installs per month, number of distributors?. Can this info be shown as a live dashboard on your website.
NTI tie up seems very exciting, are you forecasting any revenue from that deal in FY20, do you have plans for similar deals in other regions, if yes how is that progressing ?
US market seems hard to crack and Geotab relationship seems slow to provide traction, what’s your plans for the North America market?
Aviation / License
1) In July, it was mentioned in an interview that you were expecting news from Aviation 'shortly'. It is now two months later. Could we get an update on this opportunity and when we can expect further news? – S Green
2) Are you actively seeking a CAT-style licence deal for aviation? Do you expect it will be concluded H1 2020? – Maps
Suggested Overall Question (to be agreed)
What do you see as the main application for the Aviation product, ie sims / training, realtime FRMS or Air Traffic Controller?
Do you see Aviation as an opportunity for IP monetisation / license, if so will do you expect that to be concluded in FY20?
#Team300
BB, that's the idea.
when we have our agreed questions, I will submit Monday morning , something like "on behalf of a group of private investors" don't think I can quote a combined holding as we don't have a clue what that is.
#Team300
We should also ask about the outcome of the TFL trial on London buses
Decent summary SEE2020 & perhaps our communal questions would be best put as a collaboration from Lse.co.uk with total collective holdings of ,say, 50-100mill shares ( or more).we know Ken looks in here & hopefully PM does too.That maygive more weighting to our queries being responded to or perhaps PM may respond to one of us directly with the detail we require ,(which I appreciate is unlikely)
How about an update on how many auto RFQ decisions we are still waiting on and of that number how many are with new customers as opposed to extensions with existing customers. Hopefully this will be answered on Monday but just in case it isn't. There is no point asking for timescales on when these are expected because clearly that will just cause frustration if the date is missed again.
Looks very good S2020.
Many thanks for putting this together.
Regarding fleet. If not mentioned in Monday's RNS it would be great to get an actual figure for current active fleet installs and like you have mentioned, install rate.
Also, where is SEE's most lucrative market in their opinion and what are they doing to capitalise on it.
What mcap do they see the company having in say 5 years time?
Again, thanks for doing this.
See below the questions I have captured so far, I have included peoples name so you know if I have missed a question, also no bad questions i'm just capturing everything for now, after we see Mondays RNS some will hopefully we answered and we can create a final list. The broad principle emerging is a question on each topic, with perhaps a follow up.
Fleet:
1) What’s the current installation rate of Guardian per month. How many new distributors are being signed up for 2020 & how many extra units per month are anticipated through the added insurance deals taking place. – Terry
2) The fleet numbers (km travelled) have dropped over the last five 12 hour time periods when compared to last weeks figures. Is this an installation which is trialled and is then removed under an insurance company deal. Should it be how many units are signed up with a contract each month ? - Whatif
Funding / Financials
1) When do you now anticipate breakeven and will you need to raise again before then? – Maps
Aviation / License
1) In July, it was mentioned in an interview that you were expecting news from Aviation 'shortly'. It is now two months later. Could we get an update on this opportunity and when we can expect further news? – S Green
2) Are you actively seeking a CAT-style licence deal for aviation? Do you expect it will be concluded H1 2020? - Maps
Marketing / PR
1) Our new American PR company.
What remit have they been given?
Is their focus on USA only or full corporate promotion.? - Lewbo
Automotive / BDMS
1) What type of products in auto are now ready for mass deployment. And what are the differences?
Top end DMS
Mid range
Budget range – Terry
2) Can we expect further BDMS awards? Could there be a possible licencing of BDMS? – Chris100
Leadership / Board
1) CFO director, by your timelines, we should be expecting a appointment in the next month, have we now decided on a candidate and are we still expecting this announcement in the next month? – S Green
2) Why do you think the turnover of staff at the management level is so high? – CFB
#Team300
I may have missed something but ere we sure that PM is coming to London as the Results presentation could be done from Canberra.
Additionally he is likely to be very selective about questions he decides to answer,if he has time to answer many.Hopefully the Results statement itself will answer some of the questions.
My question:
The share price has been languishing at the bottom of the range for a long time despite all the potential of the soon coming DMS legislations plus all the substantial contracts in place and forthcoming, Fleet numbers, aviation, etc,etc.
Why is this and when do you think, by way of an approximate timescale , you will have enough traction of further news to unable a re-rating of our share price ?
(It may be re worded to suit). Thanks Seeing2020!