The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I know it's going to be a strong week after the last few. Come on baby, don't disappoint.
I belive the beauty of Qualcomm is the hard work is done, seeing machines chip is there and in reality they are doing the marketing.
We keep ahead of the market with upgrades and new features.
It’s a waiting came untill the revenues start rolling in per car, over 20-23 OEM’s use them. not sure if we get a upfront payment from QC from this but the deal is massive.
That’s why I go to make a fuss when our share price falls a little bit like Telegram does.
Old, I tend to agree regarding QC, its bigger than any of us think, the relaxed confidence whilst Paul talks about it speaks volumes.
QC have an unnamed early adopter for Gen4 snapdragon, imo thats VW Group.
I also predict that VW Group will be the most successful OEM for EV's, so by say 2025 they will be clearly in the lead as the world's nunber one OEM.
So thats my view, QC is huge for many reasons but one of them is it comes with VW Group.
50p + and I also feel that either Faz or s2020 will take the crown. I say this because of 2 indicators and the basis that the market usually values ahead of proof, examples Amazon, Tesla, or ITM.
1/ Qualcomm is massive (I'm am not enthused by omnivision in the same way) and I do not think the market has really grasped the magnitude of this breakthrough. Richard Griffiths has.
2/ Ncap tests should be held in the summer and I suggest this could be really enlightening. I don't have the link to hand but to me SEYE's offering came up sub-standard and add that to SEYE losing BMW to SEE (unconfirmed oc) led me to feel SEE genuinly have market leading tech. Its never good to focus on negatives in compotitors to make your own look good but its the way my brain works. Cars getting released with tech in the real world will tell and if NCAP run tests again that really show this the SP will go nuts. The link I put up of from Mazda also points to this in my little world.
Old I'm interested to know what your re-evaluated sp predications would be given that you think they are too low based on the news flow since Xmas?
H1 Results FY2021 31 March 2021
https://www.seeingmachines.com/investors/aim-investor-information/
I presume being as Paul himself mentioned we have cars in production / arriving at dealerships. Is it also fair to say we'll see some revenue from those sales appearing in next months results?
Show me the money buff - we think we have fairly good indicators that the money will ramp up significantly but the revenue doesn't show yet. You can be loss making in growth but cashflow needs to be there. We get paid more as early speculators if our thesis pans out because we're taking the additional risk.
Also we are pretty small, SWIT is £18bn investment trust. BG do have small cap funds but I think it's more about cash flows appearing first.
Interesting that an investor like Scottish Mortgage hasn't taken a position considering their focus on disruptive tech and how close we are to exponential growth!! Comments please!
And with many launching in 2022!!!!
When will the world wake up to our potential?! I guess with aim it all could come at once using the ketchup bottle analogy
Buffet, it is OEMs and yes that's huge.
*Among the announcements were that Qualcomm has secured design wins at 20 of the top 25 automotive OEMs and Tier-1 system providers with its scalable 3rd-Generation Snapdragon Automotive ****pit platform*
https://www.forbes.com/sites/tiriasresearch/2021/01/26/qualcomm-launches-new-auto-platforms-stretching-from-infotainment-to-autonomous-control/?sh=273a4f537204
Just listened to PM again and I look forward to when he announces further detail as promised on what the qualcomm deal means
Buff
Correct, HUGE
If its OEMS not models then that's huge
Lost, not for Gen4 the QC chap and Paul are very clear in interviews, the Gen4 snapdragon comes with the SM DMS stack as standard, so its possible for an OEM to request to have it removed but why would they do that.
Standard not optional, thats the key word.
2 min 20 seconds in this interview
http://www.proactiveinvestors.com/companies/news/940243/seeing-machines-ceo-says-first-half-has-been--period-of-growth--as-landscape-hots-up-940243.html
It’s optional what the OEM wants on the system, but if it’s a chip it’s probably just turned on if they want DMS so a win win either way. it’s going to to needed in Europe anyway so can see a large part of those will use it.
I believe its 23 OEM not 23 models, so more like hundreds of models
I agree its unknown for gen3 but gen4 its a standard feature so in all that QC are in
But none of those are in future revenue calculations, so all upside for us.
Qualcomm Snapdragon 3 will be in 23 models.
But it is not at all clear how many of those will have SEE DMS AFAIK.
Alot stocks have been hit a bit recently. Even the likes of Apple & Tesla are 15-25% down from January highs.
As the World comes out of Covid things will pick up again.
We have lots of news to come iam sure, including the PR & Press when models like these coming out.
Ford 150
Mustang
Mercedes S Class
I would hope Aviation is close to popping out in March aswell.
I might be missing something but Barchart.com says SEE is currently up 89% in 3 months and up 618% in the past 11 months. Surely not......
I may be missing something but as the rampers are saying , SEE is an industry leader , perhaps I have missed the plot but a 20% drop in a month is hard to accept , very glad its not a company with no prospects , ??? , stay safe and have A GOOD day
The markets are all going down but what better time to raise your stake. Nothing has changed here, the Qualcomm announcement was major, already in the snapdragon 3 infotainment system with 29 models I belive, and close to been in the snapdragon 4 system. They stated they only work with the best, that’s why they work with Seeing Machines.
Great post S2020.
I'm looking at this bout of market volatility as macro, lots of tech in the US is getting hit, with the high end of the yield curve starting to steepen. That should be as a result of the economy getting back on track with potential inflation on the rise in the near future.
Eventually that will lead to rate rises but for now there's a consensus that central banks will want to run hot for a bit to let inflation eat away their debt pile.
Anyway - economy reopening is broad strokes good for us, for example fleet can continue to grow, airlines coming back online with pilots needing training. We don't have any debt so any potential rate rises wouldn't effect our financials.
There will be broad equity volatility as risk free rates become more attractive to hold. Generally though, you want to hold equities for their inflation protection, which you don't get with debt.
That's a very macro picture of what I'm feeling, could be wrong of course but this seems to be happening across the wider market.