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Also if you had given an RNS that you won a big contract in japan where everyone is trying to crack the sp would not be at 97 sek. So this must be one of the smaller manufacturers of japan and not the big ones. We prob didn’t even aim to get that contract. Even if we did fair enough. But our time will come. Aviation fleet auto we have multiple avenues. I’m following this Dubai air show. There’s so much money flowing around in Dubai. Aviation is a massive opportunity for us.
7% might be a tough ask, 5% just about possible!
That would be a good idea but for the fact Martin apparently won't answer straight forward questions. I believe Semicast is still waiting for the answer to his recent question. And if Semicast can't get an answer (after offering to review) what chance does seeingm have? I bet even Viktor can't either)))
It seems our friend is not adapting to reality, instead he joins the competitors forum and is hoping that someone will validate his claims so he can feel safer about his investment. I have an advice for you, better to talk to Martin because Smart Eye’s destiny is not in our hands.
Somehow I think you've lost any credibility. You come on here trolling, pretending to be a SEE investor whereas you're trying to make the case for SEYE. Do yourself a favour. SEE is not what you should worry about, it's the other 40 odd convenience DMS providers that are driving the price down in China that you should worry about. Once they get serious SEYE will be lucky to get 3 euros a vehicle, let alone 4 euros.
Safe journey home.
Don’t you read your own notes? 4 euros per car was in your note when Renault/Mitsubishi was announced.
Please back up that information regarding charging 4 euro per car. Because thats not true, its still 5-10 per car.
I would be very worried if I were you. Smart Eye SP keeps falling even though new contracts have been announced. The fact that mutual funds and institutions use news as an opportunity to off-load shares says a lot. Market is pricing in OEM losses. While the Smart Eye camp and Viktor blame the downtrend on traders, which is pathethic, smart money is moving out in the quiet. Smart Eye and SEE can't be compared, because SEE is a diversified business and has a lot of data from fleet that has helped them develop the best DMS on the market. And for your information, if SEYE was a market leader, we all would invest in it.
I would not call 4 euros per car profitable business. Martin said they would charge between 5-10 euros per car some years ago, but now they have gone down to 4 euros. What this tells me is that China is getting crowded.
General consensus is SEYE is finished. Discuss.
Hang on, you're purely a SEE investor!! Shock, horror, you're a very worried SmartEye investor and a liar.
Martin doesn't smile anymore, I wonder why, probably losing the convenience battle as well.
Safe journey home
Håller fast vid sugrör seeingm.
SEYE China wins with delays in "already won" European contracts doesn't fare well, but what do I know?
True and not true. Both see and seye är bidding for profitable businesses at this stage. Although Eyesight can be questioned for the two design-wins they won this week. Eyesight most likely just wanted to have a reference for other procurements.
The mistake you are making is your belief that SEE bid for all business. If you had attended CMD day you would know that SEE only bid for profitable business., unlike your company.
So if other T2s announce wins in 2019 the reason could be SEE either didn't bid or they could be for China where hardware agnostic (software) may not be thr ideal business decision.
My opinion of course and DYOR.
No, let's discuss SmartEye, you might know something about them?
Ready when you are!
Let's keep this discussion professional, and not personal. Just glad to discuss seeing machines with other investors. If you have another view/ other inputs against my previous post feel free. Otherwise I'll wish you a good weekend!
You completely ignored what I said in my last post and just wittered on about what I do not know. I'm not married to you, am I?
You're right of course. However, as in the case of ET, maybe there's hope)). seeingm's latest post is indecipherable anyway and what makes it even worse is I know what he, quite obviously, does not. Though I suppose if you can't be bothered to get a flight from Gothenberg for the day, this is what happens.
No we don’t pls explain in more detail.
I am aware of that delays can happen, nonetheless new OEM design-wins have still most likely been won by someone during 2019 at a tier 1 level. If seeing machines announce design-wins at tier 1 level, and have not announced anything new. Most likely some other tier 2 competitor have won those new OEM design-wins. (Given that other tier 2's announce design-wins with a 3-6 month lag after the tier 1 have won.)
Hope you now understand what I mean
Red don’t waste your time. Apparently seeingm is invested here but is constantly battering the same company he’s invested in. So transparent. Ignore and filter. Don’t waste your Saturday evening on him. It’s not worth it.
You conveniently forget that there are reasons that delays can happen and you conveniently don't watch any Paul McGlone interviews during which he said 3 RFQ's were active. Also as you weren't at the CMD and you don't keep up to date with what's said Nick also said it had entered into another 2 RFQ's, I think he said European.
Now as you jo doubt know no other Tier 2 actually states in anywhere the same detail, I wonder why. Also, a certain Tier 2 has a much more arms length approach, relying even more so on the Tier 1 and oddly enough if anyone else had won Volvo for example I'm pretty sure it would have been announced by now.
Good luck with the research and safe journey home.
Even if seeing machines bids via 3 tier 1's or not, they announce when the tier 1 has won the design win. Nothing wrong here. But given no new OEM's have been announced from Seeing Machines, and those design-wins have been mostly likely won by someone during 2019, it seems that those have not gone to seeing machines. Other competitors wait until the tier 2 has been selected, i.e. 3-6 months later. In other words, Im not questions to not announce at the tier 1 level. Im just saying that this might mean, given the time lag of 3-6 months, that someone else have won those new OEM design-wins.
I'm sure you do research although on what I'm unsure. Semicast (Colin) earns his living researching sectors and selling his reports for a not inconsiderate sum of money. It may prove enlightening if you looked into his background. What you are suggesting is akin to professional suicide and I am sure the institutional investors and the like who were at the CMD would have made their displeasure apparent by such an underhand approach.
Secondly, if you were indeed an investor in SEE you would know that in previous RFQ's (such as BMW) SEE bid with 3 Tier 1's and it's quite probable SEE is involved with multiple Tier 1's for the same RFQ's and that due to a number of reasons, maybe the quotation has increased for example the RNS is delayed but will be well worth waiting for.
Thirdly, as above, but you obviously haven't kept up with the chat here. SEE places the emphasis on retaining customers and expanding its order through this route. Of SEEs first three OEM's, it has received follow on orders from all 3 OEM's, two of which do not have as of yet vehicles with SEE tech on the road. I think if you look at so called competitors, that cannot be said. Indeed, some models seem to be continually delayed.
And although we still await the next new OEM, probably VAG, on 02/0919 there was an extension RNS, presumably Mercedes, for A$23 million. And although not announced by RNS, Nick did say in front of about 100 people at the CMD that OEM 3 (BMW) had increased its order from A$55 million to A$75 million in the space of a few months. So, yes, it's been quiet and I can't wait for it to be busy.
As far as I'm aware SEE has not lost any business (it's not that interested for SW contracts in China) and all the business it's going for relates to safety DMS so it's looking very good for SEE.
Safe journey home.