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ET
Or if it hadn't of been a bull run at the time of TFD, the placing would have failed and possibly this board would be no more?
W18, when i said supply issue i didn't mean guardian unit supply i meant fleet content supply issue.
Dec 2019 showed max number of fleet as 21049
2020 shows max number as 19935
Newsletter last week clears up supply
Guardian Update
Fleet continues to gather momentum around the world. With two new distributors, one in Turkey and one in Taiwan, Seeing Machines now counts 14 channel partners globally.
Installations are growing across the Asia Pacific and South American regions in particular and other regions, such as the UK, continue to ramp.
While Guardian is manufactured in Shanghai, the current impact of the Coronavirus on the supply of product is minimal as current levels of finished product stand at around 5,500 units. The bulk of these units are with customers to be installed or in transit to channel partners, and the remainder are in the process of being shipped from our China based warehouse to other third-party logistics premises in the UK, Australia or USA. This situation continues to be monitored closely.
It's a guess W18. Less Km travelled, less fleet on the road...
I see the trajectory of January not being continued. Can you post your figures for last few days?
Also, where did you get your 21,500 figure from?
Smokey2. If you are studying the figures, as you say, you will see that distances dropped in December and early January due to the New Year and Australia day. Numbers then climbed as a mirror image to the decline in December. You would expect the rate of increase in km as vehicles were coming back into use and holiday periods and new installs occurred. How do you come to the idea its a supply issue?
Yes Esc. A decrease in the rate at which fleet numbers are increasing.
Will have to see how this week's figures pans out.
You mean slower increase, not a decrease.
Anyway, take this info as you like.....
I report fleet numbers as they are...... big increase in DEC 2019, decrease showing from end of Jan 2020.
We are no longer seeing the increases we saw in January and look to be on a slightly different trajectory.
I am not saying this is due to us connecting less guardian units.
It is most likely due to less demand for fleet due to supply issues.
I am still invested Esc!! hehe
Well it looks like it is decreasing to me, take a look.
Whatif18, post your graph, as i missed last few days as was on holiday.
https://ibb.co/S5gFRjP
He he! S2 Nicked!
Quality whatif.
Smokey2 - two weeks ago we were had the highest ever at 42.2m km, we dropped about 260k last week. We are up 200k yesterday compared with the previous Monday. Which numbers am i not seeing ?
This virus is a real threat to economic growth. It won't just affect SEE but all companies and in our case another fundraise will be needed if fleet starts to stall.
recent figures...... can't you see the lowering of numbers?
Smokey2 - On what do you base this comment ?
Unfortunately you can now see the effect of the virus drip feeding through on fleet numbers as they show a levelling out and no increase.
Unfortunate but true. Until the Corona Virus is under control, any news that raises the SP will likely be sold into.
The rate cuts and QE may well prop up the markets for a bit but when Q1 news for supply comes around and cases of CV get into the thousands the **** really will hit the fan.
To think we can control the spread of this virus without imposing strict isolation policies is a great folly.
ET see that crystal ball of yours, where was it when fleet was mangled? Why didn't you warn us??? Just out of curiosity what's that actions you'd take as you've explained what you believe won't work
Fighting the virus with rate cuts and quantitative easing is not the right solution and won't stop a market crash.
Dow up 5% but Russell 2000 up 2.5%. Fake rally. Microcaps/small caps are not buying into the rally.
What's unforunate is that SEE never managed to deliver for its shareholders during the entire bull market. Now that we are in a bear market, news won't have the same affect on the share price. Trump and the FED might hold the stock market up until Q1, but when the financial results come out the stock market will crash.