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Well that's something.
It's a shame SEE don't do more PR. Twitter likes aren't cutting it!
Alot of it in SIPP so 40% discount to allow for aswell. Iam sure once the Fiats, BMWs, Mercedes, Fords etc on the roads it will start to change
Alot were down today but 2moros another day :)
Good for you. Remember you gotta top up under the SP to bring your average down terry.
Shame this turd cant even hold onto a measly 20% rise.
Smokey
For once your actually right. I was checking the actual sell/buy price & someone walked in the office & pressed the wrong button.
Started topping up from 1.6p-3.5p to bring my averages right down.
Happy to play the waiting game.
PATIENCE ----the ability to wait, or to continue doing something despite difficulties.
INSANITY----the ability to do the same thing over and over again, expecting different results.
Nice to see terry keep the faith with another top up at 15:30.
PATIENCE ----the ability to wait, or to continue doing something despite difficulties, or to suffer without complaining or becoming annoyed: , this certainly is not me or another investor who has been with this company for well over 5 years , only the daily research ( i call it ramping ) is keeping me here , the same old excuses keep coming on a bi-monthly basis and Mrs. B. Good and myself get our weekly belly laugh from the blind mice who keep amused with their drivel , we are still waiting on on this years begging bowl precursor RNS which will have a little baited hook to catch the unwary , as always . keep safe and have A GOOD day
And this is what Safestocks said back then.......
A spokesperson from Autoliv told Safestocks: “We cannot confirm the OEM name, but I can confirm that we will be working with our partner Seeing Machines for this contract.”
A$50m Ford win for Seeing Machines
Posted on 4th June 2018
It’s great news that Seeing Machines, working with its Tier 1 partner Autoliv, has won a A$50m contract to supply its Fovio DMS system to Ford. Even better is that it’s on its new chip.
Once again my sources have been proven to be correct. Avid readers will note that in a previous blog, entitled: ‘Seeing Machines set to win 75% of the global DMS market’ the Ford win was predicted.
Back then, on 16th March, I wrote: “I’m being told that Fovio will soon be contracted to Ford, Volvo and Audi. (That’s in addition to General Motors, Mercedes and BMW). Moreover, those same sources are telling me that by the end of this calendar year Toyota will definitely be committed to using it and, most likely, Honda.”
The document containing this latest OEM win was published as part of Autoliv’s Investor Day presentation and is here: (Note that Veoneer is Autoliv’s active safety division that will soon be spun-off).
The clues are on page 13 and 17, in which it is revealed that in Q2 2018 Veoneer won a contract with a major global North American OEM for a DMS.
Lets hope a Toyota or Honda does drop in the end.
If Veoneer or SEE dont announce anything with Ford imminently , iam sure it will be in Veoneers July announcements.
At some point Veoneer will announce the Ford launches. From 22 months ago.
Veoneer has been selected by one of the world’s leading automakers to develop and produce driver monitoring systems comprised of infrared camera hardware, software and algorithms.
Veoneer’s driver monitor system will achieve best in class performance using a single state-of-the-art infrared camera and core technology from Seeing Machines. Veoneer’s design will enable continuous monitoring of the driver’s attention, eye and head position and can initiate an alert or action when the driver is fatigued or distracted
“We are delighted to have been selected to develop and produce this industry-leading driver monitoring system. Distracted driving is huge problem and we are proud to contribute to the solution with one of the most advanced driver monitoring systems in the world,” says Art Blanchford, EVP Marketing and Sales.
https://www.veoneer.com/en/veoneer-selected-global-automaker-develop-and-produce-advanced-driver-monitoring-system
Were not wrong just a bit early. Many cars about to arrive on the scene.
Ross. It is definitely rocket science to SEE's PR company. An expensive American outfit that has only released one or two bits in the last couple or so years. Abysmal rate of return.
It is not the job of the company to manage the day to day swings in the share price. The job of the company is to provide long term value. They should not be distracted from building a successful company by daily or weekly gyrations in the share price.
Of course, the company does need to make sure that in the long term the stock market valuation of the company comes to reflect the true value of the company.
Veoneer, Stifel, Cenkos, SEE can only report what they allowed to within a SEE NDA. The car industry one of the most secretive Industries out there.
But we know what vehicles just launched with SEE in & whats coming. I just laugh at the chuckle brothers.
News will drop at some point.
No one is saying break an NDA, that would be commercial suicide....
What people are saying is that it is still possible to maintain momentum by releasing other news/non news. Jeez, companies do it all the time.. and pay lots of money for PR companies to do exactly that on their behalf.
It’s just about timing and realising when the market needs it. It’s not rocket science.
Okay, no breaking of any NDA, but an RNS saying "Hey guys, we're doing pretty damn good at the mo" wouldn't go amiss.
Thanks for responses guys.
An NDA is a non-disclosure agreement and that contract will contain the consequences in a clause. Here is an example from one of my companies:
"Without prejudice to any other rights or remedies the Discloser may have, the Recipient acknowledges that damages may not be an adequate remedy for any breach of this Agreement and that the Discloser may be entitled to the remedies of injunction, specific performance and other equitable relief for any threatened or actual breach of the provisions of this Agreement."
That means if you disclose then we can go after you in the court for money relating to the perceived cost of damages. In other words, you'll spend time in court or with lawyers negotiating damages and you'll get to pay both sides legal costs.
Breaking an NDA is serious business.
Breaking an NDA? Would cause a complete loss of trust from existing customers and potential future customers. Not a good idea!
https://www.rocketlawyer.com/article/loose-lips:-what-to-do-if-a-nda-has-been-broken.rl
Green blob has it seems
Anyone know the consequences of breaking an NDA?
SP plummeting again, just notched down by -7.9%. But then again, every one of my portfolio has taken a hit today, just a general market malaise.
I'm with RossC on this one though, an RNS saying something (positive of course) would be better than no RNS and keeping everyone guessing even longer.
As I said...SEE need to know when to release news to maximise their advantage (if they have one).
I’m sorry, but in danger of being shot down by the sheriff again, there are creative ways they can use to get the message out... NDA or not.
Hopefully, they will get something out this week — even just to say they have received the $5m first payment - loads of companies do that.
Until then, people will trade away... and the momentum will be lost... see the last 3 spikes for examples.
You need alot of it to hold SEE...