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Screen-After 8 years I am hoping SEEs time comes before mine (ours)
For me, Telegram is useful because the chat 'comes to me'. My ability to read forums/chat fluctuates massively depending on what projects I have obtaining i and therefore weighting and timing of calls. Telegram means it's always 'there' when I get a chance to whip through it in-between calls which is great and allows me to interact a lot more regularly.
I think for a lot of people the instability was the straw that pushed them away from LSE as the primary forum for discussion though. I'm this day and age, you just can't have a platform that goes down for hours.
On the point of needing more socialising of the stock. We are largely II owned now. PIs are a lot less of an issue than they used to be. This really is as matter of waiting for it's time to come, which it will.
Old,
SEE chat on twitter, discord, whatsapp advfn and Inderes ( finland). LSE is one of several, people can choose as many as they want to join, but of course depends how much time you want to spend reading posts which is always an issue. Hours in a day and all that!
Lewbo
Yes, that is my thought, so perhaps you guys need to rethink that strategy a bit. It is one of the main reasons I won't join the Telegram group. It is self defeating IMO
Sunday chilled messages from Terry and Oldfool, both I find agreeable. My take which feeds in to both. PM is playing a very cute game, taking a very clever tech developed by very intelligent visionary engineers and developing a way to monitise this tech, but, realising the true potential and the market wariness of a closed market, therefore lack of PR. I have no concerns with the value and the eventual share price. My concern is market cycles, will we get to see a decent value before a significant market correction/crash or will I need to hold through a major market draw down. Personally, I want a buy out very soon so I can put the cash in to miners and PMs.
Old,
Maybe the muted response here on good news is because most holders are on alternative media platforms discussing things i expect....
Old
The license fees I’m referring to are the omnivision and Qualcomm ones which will actually give a meaningful amount compared to a CAT style license fee which we all hoped was going to happen and put us into profit. Most of the vehicles from these don’t start production until 2024.
Don’t get me wrong, I want this to happen ASAP
In the proactive interview in August I belive Paul was asked about breakeven, he spoke of 900 million of RFQ’s at the time and in the next few months they would decide the best way forward for the company and what they wanted to bid for, because of this he didn’t want to commit to talking about breakeven.
I imagine after the latest fundraising then there’s going to be a lot of expenditure over the next 1-2 years as we get new contracts, but also the returns are going to start ramping up quicker as time goes on.
So whenever break even comes I don’t have a big problem as once the momentum comes the profits will be rising exponentially and I’m sure the SP will react the same way.
I know it’s frustrating when your money invested hasn’t risen for most of 2020 but it’s coming you just have to keep working and have enough to cover your lifestyle untill this day.
I am pretty dissapointed with the SP revisiting the 9's but not with SEE's performance (except PR) as the newsflow since December is pretty spectacular. The SP bewilders me, as we can see the greatness of what has been acheived. But put yourself as a non SEE PI, what visibility do they have of the coming greatness? The RNS's from SEE are really quite factual and hardly full of enticement. Visit this BB on a news release day, the response from holders is "Meh" and actually is riddled with holders far too happy to nitpick the negatives than to sound enthusiastic. We actaully need a "Alex8" character reposting. (didn't think I would say that ever)
SEE have been marketting themselves in America at 10p and sold many in the recent fundraise at 11p so I assume Paul will feel a bit of pressure to correct the recent SP move. With better PR he can do this firming up on some of the concerns raised in the posts below.
We also await Max Verberne impact. Paul has already said "The Aftermarket business is thriving under the new leadership of Max" so perhaps we will see a big rise in Fleet sales.
Seeing 2030, your comment that flow from licencing deals is not until 2024 is wrong, the December RNS stated OEM royalty license revenue of A$2.3m (from 120,000 cars on the road) . Trouble is this was buried away in the text whereas it could have been shouted about a lot more. (more subdued SEE PR)
I still don't envisage earthbreaking Auto news until FY end, but I seem to be a lone voice with this opinion, I hope I am wrong. I have real hopes on Fleet and that the company can deliver their own PF better.
I am totally positive, but also a realist. There were many posters here over the years who said that when VW hit the books, the SP would doubled or better.
It didn't happen and the SP have actually dropped out hasn't you noticed?
The ride is horrendous but I know that when it comes good my life will be transformed - if only it was sooner rather than later.
I repeat if the business plan has changed then they would have to have let us know. 2023 for breakeven. If you have an issue with the facts write to the company and see for yourself. Do you honestly think that after all the work to tidy their corporate image do you honestly think that they'd leave a big issue like breakeven slide or try and fool investors!? Come on!!
The II have invested yes, to make a long term investment of 5 years plus.
We were told 2020 for break even, then 2023 that was pre covid, so if it is 2023 how is it going to happen? Thats all I want to know from the board, its simple, but Paul won’t be drawn in to that.
Magna have a $125m contract minimum order so yes they know whats around the corner, starts in 2024, the market doesn’t care
The business is growing organically and the team are doing a fantastic job, I have no complaints about it, we are the clear market leader with a massive moat.
The SP is all anyone on here cares about, if all the fantastic news from ces and the VW contract doesn’t stir any interest well what is gonna do it?
All the cars being released this year? Well, still waiting on the Ford announcements from last year, will it make a difference?
Ok, bottom line is I’m fed up and posting it on a BB, wrong yes, no way am I selling out though, I just expect the SP to reflect the progress the company is making, I’m not trying to get peoples backs up intentionally
I've been invested in SEE for several years now and i consider that the balance of risk/reward for pis is now 40/60. 2022 may well be the year that Lths are rewarded for their patience and support.
People sell I get that, but don't feel the need to warm us all we have done our research.
Reminds me of a chap called Filtronoc or was it Philtronic
S2030
It’s clear that this share may not be for you then. Press the sell button it’s easy say.
After 8/9 years invested 2022 was always meant to be the year it started in auto so Iam happy to survive around this year see what happens.
Iam sure COlins $10b estimate is based on rock solid research and all the big boys buying and holding recently & even Magna buying $10m means something. They can’t all be wrong.
Tesla’s SP dropped bit so might be worth putting back there.
S2030
"Only a few more months to find out who the other companies are when the RFQs are settled.
Merc,bmw,vw, Ford, GM, Chrysler already in the bag and then the ones the licensees have won??
An ever expanding ecosystem growing organically"
S2030, if that's your view why hold?
In my view the booked auto business is the main driver of the SP, we are A$325m currently as that increases the SP will increase
Signed deals don’t make any difference to the sp clearly.
Do you want guardian v2 or nah I’ll wait to get the new one?
Double auto is $5m if we’re lucky
Licensing deals? No money til it’s installed clearly, 2024 probably
I envy new holders they only have 2 or 3 years to wait.
As for the RFQ, the major increase started Nov 2020, so I would expect a number of announcements in coming weeks and months.
We had an II placing oversubscribed at 11p, supported by Lombard, Federated and a new investor called Magna International.
Last few weeks a number of PI are selling to pay tax bills or credit card bills or to be clever with trading.
I am very content to hold, BTW the company has never mentioned 2025 as breakeven, FY23 is what I have heard and FY23 starts on 1st July 2022.
By my timing its looking like feb/March for the kicking off of OEM awards to be announced. If they were talking about a significant level of interest in terms of requests last summer then perhaps its reasonable to assume 6-8months before these requests are turned into signed deals.
Shallwe
That may well be the case i know. But lets see what the next 2 weeks brings & whats said in the video interview.
But also we have that $1b current RFQs rumbling away in the background which can drop anytime.
The last 12 months has very much been more seed planting. More Auto seeds, definitely more Fleet seeds & even some Aviation shoots are coming.
At some point this news and contracts have to come out. Seeing2020s list still has lots of things that could happen anytime. We havent even named the F-150 or Mustang yet still so waiting for the buggles to be out for that.
...should be seeing (excuse the pun) a double whammy (breakeven and all the news flowing through) this year/next (at the very latest)
Unless I've lost the plot (which is entirely possible) there would need to be a market update illustrating that there's been a change to the current business plan should breakeven not be in 2023 and be say 24 or 25. It would be very misleading if they were not totally clear with investors. I am sure that institutional investors have loaded up knowing that breakeven is within touching distance plus all the OEM news to be released which should also lower the risk ratio
Totally, we really need to know when break even is and if there will be further dilution, is the last round spoken for already? It seems that 2025 is the year based on what the market knows in terms of legislation kicking in etc. no one in the company is saying any different. If there isn’t some large contribution in fleet due to shell etc then its just another big name banded about again.
It’s always around the corner with this, next update, definitely next year and it will be until it eventually happens. It’s hard to keep the optimism up.