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Many of us have been here a long time, but this feels different and it has done for a while, looks like we are entering a rich period for newsflow, hopefully rich period for the SP also
1) The guaranteed news
- TR1 for the 10% "well known US investor", this has to land this coming week, shares are admitted on 28th.
- The final results, Monday 2nd Nov, we know the headlines from the Trading Update on 3rd Aug.
"Financial highlights for FY2020
· Total income for FY2020 is expected to be A$42.6m, representing a 30% increase on the previous period
· Revenue for FY2020 is expected to be $39.7m, approximately 8.5% ahead of consensus guidance (consensus: A$36.6m)
· Cash at 30 June 2020 was A$38.7m, up by 22% on consensus guidance (consensus: A$31.8m)
· Total connected Guardian units at 30 June 2020 was 23,415"
2) The likely news
- F150, Veoneer have gone public with the Ford F150 so nothing stopping our involvement being confirmed
- Semiconductor License deal, we had the MOU announced on 8th Sept, so we are now in the window of time that we should expect an RNS confirming the deal is closed and the financial terms
- L3harris License deal, for the Aviation MOU we know its L3harris, both sides seem very happy even stoked so I would expect this is very advanced
3) The possible news, this list could be the longest for now I will pick a couple and add to it later
- Volvo design win, someone has to win it, I don't think anyone has claimed it and we had a denail RNS over a year ago
- VW Group design win, again been going on a long time, decision must be getting close to annohncement
Another possible is Toyota, why?. Could write a book on this one
- Hanson report from Oct 18, very bullish interview with Kevin T, worth a recap https://www.seeingmachines.com/blog/2018/10/25/the-hansen-report-on-automotive-electronics/
- Denso, named in the recent interview with Paul Mc. Denso are the Toyota Tier one
- Our chip co license might provide more clues, j like Renesas and they have strong links with Denso and Toyota
- Qualcomm also work with Toyota
Another possible(s) is further semiconductor company licenses, the RNS was very clear it was the "first", to me it seems a great business model to monetise our IP.
So we have a list
- Renesas
- Texas Instruments
- NXP
- Intel
- Nvidia
I would guess we get the current MOU and one other by the end of the financial year
Then we have the possibility of further Aviation licensing, seems very possible why else make the deal with L3HARRIS non exclusive
- CAE, buggest player in the ffs market
- Flight safety International, owned by a certain Warren Buffet
Then we have Guardian, i am not sure we RNS individual wins anymore, but we could get
- a Guardian license deal, Garmin mentioned in recent Paul interview
- a milestone installed base, I would RNS milestone number , perhaps 30k is the next one
- Insurance tie ups in other regions, we have NTI and IUM covering OZ ans South Africa, so seems a model being rolled out
Honda DW , why?
- Veoneer top client by spend
- Use Qualcomm Snapdragon
S20, seems like you have declined the extra hour in bed this morning! Nice summary again of where we are with recent news.
Re the L3Harris deal, as you mention below you expect this is at an advanced stage. The RNS actually stated that very point - "A license arrangement, currently in advanced discussions between the parties" - so hopefully we don't have to wait too long for an update on this. Also, the fact that they will be retrofitting into existing simulators I'm certain they would prefer to get this wrapped up asap.
Hyundai DW.
Of the ones we are told SEYE have won Hyundai is the one I would like to turn
- Korea has been mentioned many times by Nick and Paul, frankly if we don't win Hyundai via Hyundai Mobis then no point playing in Korea
A broker upgrade or two.
- Stifel would have been involved with bringing on the new US investor, they must see value in that
- Cenkos base 7.2p on prudent future cashflows and a high discount rate
We should be af least double figures from both
Backup DMS, someone mentioned BDMS the other day its been very quiet since that first win, the name of which was never released.
I like Argo AI with the Alex Roy link
A Rail RNS
Are we still exclusive with Progress Rail ? Time for a win or an update
Good morning to all , we now are on the final Countdown to this years results , please remember my words posted a few years back about potentially and actually , as always stay safe and have A GOOD day
H, not a cloud in my sky, good day to you also Sir.
You’re putting a good shift in this morning S20, were those all copy and pasted from your posts from circa 2 years ago...?
Bud, I can just about type never mind copy and paste (whatever that is).
I hadn't even dreamt about a license deal 2 years ago, L3harris didn't exist, I had never heard of Qualcomm and I thought the R-car was a high powered VW Golf not a Renesas chip.
Lots has changed in that timescale, different game now.
JC, appreciate your continuous posts on patents. The Hyundai one reads familiar about dms and V2V connectivity. Perhaps this is the way things may be going eventually , not only check the driver isnt incapacitated but let other cars know about it if he/she is.
Lewbo, be great if you could post your latest chart if possible?
Someone can’t sleep last night, thanks for this morning’s reading.
The truck companies must be considering fitting DMS as standard for Europe from 2024 also, so a contract with Volvo, iveco, scania would be most welcome too.
A chip solution must be the cheapest and easiest solution for those too.
Lewbo's chart won't fit on the screen any longer
Lost, I was so excited ready to read the next RNS, thought seems they have so much newsflow they might issue one on a Sunday.
Lost you make a good point re Trucks. I would actually prefer a DW with Volvo trucks rather than cars, the GSR applies to trucks and vans so they must do something soon enough and have wored with us on projects and trials
I’m sure we all appreciate it Thankyou,
I’ve been here 4+ years now but rarely post as I’ve nothing to add but a decent amount invested, it may even get me a house somewhere more exciting than rural France.
Waw! 50 plus posts, I thought I was on yesterday page!
Thanks Seeing but I think you are not being totally honest.....I know that you know how to cut and paste because a couple of years ago you told me how to do it! :)))
Great to be reminded on what we are sitting on, and I have a feeling that we still might make it to vindicate your name and vision before end 2020, for a start!