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Ahh! The blobs are in BUY mode once more. They need you to sell.
HAGD If you don't want to hear it, you know what to do.
Heard all this c--p for the last 8 years , smell the truth ,PLEASE stop this ramping , it seems you are so desperate for some news , that will allow us to travel again to the The Casino de Monte Carlo , and lose our hard won cash , stay safe , and have A GOOD day
Seeing2020
Thats a great list!! Surely a lot of these to drop in the next 16 Weeks? Fingers crossed...
1) Trading update for 6 months to 31st Dec 2020--------------------------------Had that
2) Semiconductor company license deal (MOU announced Sept)
3) L3 harris license deal (MOU Oct)--------------------------------------------------Hopefully soon
4) Ford mach e and F150 confirmation RNS---------------------------------------Cant be far off
5) Merc S Class confirmation RNS----------------------------------------------------Cant be far off
6) GM Supercruise expansion RNS---------------------------------------------------Should be big
7) Ford expansion RNS------------------------------------------------------------------Should be big
8) Qualcomm RNS with $$-------------------------------------------------------------Cant wait
9) 2nd Semiconductor MOU RNS
10) CAE license deal MOU
11) Design Win for European OEM (Audi rumour)
12) Design win with major Japanese OEM (rumour Honda)
13) Aviation win with plane manufacturer
14) Volvo design win
15) JLR design win
16) Geely design win
17) Texas Instruments license deal
18) CAE license deal
19) year end trading update
20) Toyota Design win
21) Numerous TR1 for US II
On top of that had/Could have
1) Eroad RNS
2) Air services RNS
3) USA Legislation
4) Fisker Nov launch
5) CES announcements
We have seen this type of post , ie , words and thoughts for the last 8 years , come on SEE give out some proper news and stop playing the titbit and rumour game , as always , stay safe and have A GOOD day
Why is it that ‘buy on the rumour sell on the news’ doesn’t seem to apply to this share - or maybe it does and the plenty of buying just hasn’t translated into SP accretion!
It’s a great list Seeing20, I just think that we now need to see the numbers particularly a new estimate with some of these wins baked in. It’s time once and for all to disprove the market scepticism - then we’re set for 40p and northwards!
An old document but the numbers are not too different.
https://www.prnewswire.com/news-releases/euro-ncap-and-eu-regulation-to-drive-19-million-dms-shipments-and-us502-million-in-revenues-by-2022-301037519.html
Lots if news still to come, a few of these and 40p easy by Dec 31st.
In order of likelihood (IMO,)
1) Trading update for 6 months to 31st Dec 2020
2) Semiconductor company license deal (MOU announced Sept)
3) L3 harris license deal (MOU Oct)
4) Ford mach e and F150 confirmation RNS
5) Merc S Class confirmation RNS
6) Supercruise expansion RNS
7) Ford expansion RNS
8) Qualcomm RNS with $$
9) 2nd Semiconductor MOU RNS
10) CAE license deal MOU
11) Design Win for European OEM (Audi rumour)
12) Design win with major Japanese OEM (rumour Honda)
13) Aviation win with plane manufacturer
14) Volvo design win
15) JLR design win
16) Geely design win
17) Texas Instruments license deal
18) CAE license deal
19) year end trading update
20) Toyota Design win
21) Numerous TR1 for US II
So thats my 21 for 21
Cheers for the contributions. Next question, what will it take to rerate (40p plus) and lower the discount rate and timeline predictions?
The European Parliament requires driver monitoring technology in all new model cars, vans, trucks and buses from 2024. Euro NCAP set to mandate DMS for five-star safety ratings from 2022. (If I have got this wrong please correct. ) This must be a massive number of vehicles. Just getting the DMS specifications required could be a mega event.
Brock
It’s not optimistic it’s impossible to hit the turnover in 6 months plus but Iam talking when it could start appearing on future earnings forecasts. 2025 is not a bad Stab in the dark but hoping to get surprised.
If we get 70% of the $900 m and next year the same then 2023-2030 average life cycles could already be around $200m a year or so earlier.
And that’s without fleet exploding at some point like it should with legislation around the corner..
Any mobileye valuation will be driven by the forward orderbook, thats what an acquirer would be buying
First step is the mbly IPO price from 2014 of $5bn and they had forward visibility of 100 models of cars, as we are above 30 already then that is achievable in 6 months imo.
Whilst I think our Mobileye + payday is on the cards realistically guys it’s going to take a bit longer yet before we hit the $300m annual turnover. Let’s not forget that the pipeline is Australian $ so A$900m at 60% share is equivalent to US$650m. Over a 5 year contact term thats $130m a year which won’t kick in until probably next year. Now the great news as we know is that this will double every year and potentially a bit more with all our other strategic business streams - so my current guess is that for this current year our revenues ( hopefully disclosed at the finals ) will be US$75 ( that’s A$100m and double last year)
22/23 US$150 and 23/24 hitting and hopefully exceeding US$300m - just my view but we’ll one others if my assumptions are wrong in any way - bloody exciting either way!!
Sorry that should be at A$10
"Probably no more than 6 months assuming SEE wins the majority of the A$900 million RFQs"
I think I'd have to seriously disagree with that statement.
The facts as they stand are:-
1. Paul is on record as saying revenue should double year on year.
2. This year they disclosed we have done approximately 1,100,000 units at $A1.
Let’s say he's being conservative, and we achieve 320% growth per year. My spreadsheet says we will hit A$270m in the October 2025 results.
3. I’m fairly sure the company stated that Ford was the quickest known turn around, from first talking to them and closing a deal at 18 months.
Most RFQ’s seem to take at least 2 years to signing and then consist of a slow initial roll out.
Most are subject to NDA’s and aren’t disclosed for even longer.
To suggest we may get to A$300 in 6 months seems to be extremely optimistic.
Buff
6-16 months the picture should be slot clearer of what 2023 onwards auto income is looking like. By the end of 2022 fleet and aviation should also be getting some value instead of the current 0 from brokers.
We have all these extensions to come for the OEMs we currently working with & all the new stuff to look forward to Iam sure. Once all these models are out and hopefully a couple of new oem contracts out aswell.
By end jan we can see what numbers Eroad have contributed to the fleet side & have a 6 month update and have had CES in Vegas aswell.
Buff
Probably no more than 6 months assuming SEE wins the majority of the A$900 million RFQs. Also, it's been said before SEE could be viewed as more strategically important than Mobileye so valuing SEE along similar lines is more than acceptable.
...as perhaps only then can we dream about a similar valuation?!
Maybe a daft question but at the time Mobileye was bought out it had an annual revenue of over 300m obviously we are not there yet but hopefully with a number of contract wins we will not be far off, but how long do we think it will take to get to this point?