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"It was a good collaboration of completely disparate groups coming together," John Hwang, who led the ZDX development team for Acura, told Automotive News. Hwang also worked on the Prologue, Honda's first new-era EV that is also a result of the partnership with GM.
Both the ZDX and Prologue use GM's Ultium battery-electric platform and are built at the Detroit automakers' factories – the ZDX in Spring Hill, Tenn., and the Prologue in Ramos Arizpe, Mexico.
Hands Free Cruise
The ZDX Type S offers what Acura calls Hands Free Cruise, which enables hands-free driving on 400,000 miles of roads recognizable to the GPS, with drivers remaining in control and keeping their eyes on the road.
It operates just like GM's Super Cruise, with a green light strip on the steering wheel to signal that the technology is activated. The car steers itself but nudges the driver every so often to stay alert.
Hwang said the technology seems similar to GM's because it is. It's GM's Super Cruise technology, re-badged as Acura's Hands Free Cruise, he said.
Honda is working on its own technology that will be "similar and more advanced" for its next generation of electric vehicles that use the e:Architecture platform.
It will be based on the Traffic Jam Pilot system in the Honda Legend premium sedan, which moves control of the vehicle from the driver to the vehicle under certain circumstances.
https://www.autonews.com/cars-concepts/2024-acura-zdx-ev-result-strong-general-motors-partnership?utm_campaign=aware:upr:pgv:all:always&utm_content=fed:read&utm_medium=soc-own&utm_source=LinkedIn#Echobox=1714825565-2
Thanks Sandy & See2020
At the moment this is not an exciting space for an investor. They would rather be in oil, helium & mining stocks that they believe will get them huge returns.
This is why it so important for SEE to go all out on their marketing strategy to get eyeballs on our tech & more importantly who our partners are, ie BMW & VW plus Ford & GM.
A good set up KPIs will do wonders for the stock & make us feel we made the right decision to back this company through these testing times. I’m sure some have bailed at 3.9p ?!
Hoping we smash all expectations next week 🙏
Mobileye 2013 was loss making and valued below $1bn
Mobileye 2014, IPO at $5bn
Mobileye 2017, sold to Intel for $15.3m
Mobileye 2024, $24bn
Good post Sandy, this morning I have been looking at Mobileye in comparison to SM. For SM I have used broker and company data and profit is EBITDA not cash profit.
Mobileye at IPO Aug 2014
"The company estimates that its products were installed in about 3.3 million vehicles worldwide as of March 31. By the end of 2014, it expects its technology to be available in 160 car models from 18 original equipment manufacturers worldwide.
Mobileye's revenue doubled to $81.2 million for the year ended Dec. 31. The company swung to a profit of about $20 million in the year from a loss of $53 million a year earlier."
SM at August 2025
"The company estimates that its products were installed in about 4.3 million vehicles worldwide as of June 30. By the end of 2025, it expects its technology to be available in over 100 car models from 13 OEMs.
Seeing Machines revenue increased to $88.3 million for the year ended June 30. The company swung to a profit of about $20 million in the year from a small loss the year before."
What would it feel like to be invested in The Next Big Thing before the investing world realised it was The Next Big Thing?
My guess is that it might be a bit like how we feel right now. In the early days of some of the world's biggest success stories, no one knew for sure they'd succeed. For instance, if you look back at the growing pains of companies like Amazon, Apple, and Arm Holdings (nod to Terry/S2020), the early days of those companies have a lot in common with what we are witnessing right now with Seeing Machines. Early on, most suffered years where their share price did nothing. Back then doubts and hopes would have been voiced in equal measure; brief moments of euphoria would be scarred by disappointment; and tolls would appear, possibly even trying to convince Apple investors that management share buys were (in their distorted version of reality) a sign of impending disaster. So I'm fairly sure things were not plain sailing, even for companies we now recognise as household names.
Our closest comparison to any of these giants would be Arm Holdings. Now I'm not implying that Seeing Machines is the next Arm Holdings (or am I?), but what I will point to is Arm's business model. Can you spot any similarities with that of Seeing Machines? A few minutes research of these two should produce - a smile! Because both their products and business models are strikingly similar. Arm Holdings are the major supplier within their sector; Seeing Machines – leading the way. Arm Holdings license their IP to the world; Seeing Machines - read on...
Licensing your tech to the world only works if the world wants to license your tech. So now, if you're a potential investor, go make a list of the companies supplying the world's auto industries with DMS/OMS, then count how many of those companies use Seeing Machines technology to 'close-the-loop' within their own systems.
Now if we return to the likes of Amazon, Tesla and Google, as previously mentioned, none of them gained immediate success. They were slow burners. Only when the market eventually woke up, screaming, “Here's the next big thing!” did their prices really move. But investors with vision – they were already in.
So here's my prediction for Seeing Machines: as soon as our bottom line shows a profit, we'll get a little tick up in price. Then it'll all go horribly quiet again. The usual suspects will reappear telling us we're all doomed. The share price will slowly sink until – the next set of figures arrive (followed by aviation news?). Then we'll get another up-tick, but this time – heads begin to turn. Outsiders will ask: “What's this DMS thing everyone's on about?” And, “That Australian company... could it be the next Arm Holdings!” (oops, I meant to write: “...it's doing really well.”).
Once that happens, hold on to your hat. Because, as WE'VE known all along, Seeing Machines is - The Next Big Thing!
It’s good to get the publicity but it’s a very basic write up and only focuses on the car market and not the overall picture. It States working with Magna but what about all the other big companies we are working with.
No!!!
Https://www.ii.co.uk/analysis-commentary/four-aim-shares-are-potential-bid-targets-ii531587
Seeing Machines (SEE)
Share price: 4.585p
Market cap: £190.6 million
Driving safety technology developer Seeing Machines Ltd
SEE
3.71%
has spent decades perfecting its technology and it has been winning contracts to supply it to automotive manufacturers. Revenues from those contracts have started to build up and the company is moving towards profitability.
Seeing Machines says the number of vehicles on the road using the company’s technology has more than doubled to more than 1.5 million units. The cumulative initial lifetime value of 17 programmes with 11 customers is $366 million, and most of these revenues will be booked by 2028.
The share price is well off its high in 2021, let alone the all-time high in 2018, and the share price trend line is still heading downwards. Yet, the company should reach cash breakeven during the next financial year.
However, loss-making technology companies are not in favour, currently. That is why it has been difficult for the share price to make a consistent recovery despite the contract wins. The forecast loss for the year to June 2024 is nearly A$25 million. Next year the loss could be little more than A$1 million before a move to a pre-tax profit of more than A$17 million in 2025-26. Profit should grow as more contract programmes mature.
Chief executive Paul McGlone has been exercising options, some of which were priced at 5.4p/share and 5.09p/share, which is well above the current share price suggesting he is confident about prospects. The finance director has also been buying shares at an average price of 4.42p each.
An automotive components supplier could find Seeing Machines an attractive purchase now that much of the risk has been taken away due to the contract wins. There is already a collaboration deal with Magna International Inc
MGA
3.20%
to develop occupant monitoring via the rear-view mirror. Canada-based Magna also has a $47.5 million convertible note, which is convertible at 11p a share. Magna is certainly big enough to make the acquisition of Seeing Machines a realistic possibility as results improve.
Baxter,
Your ironic wit is wasted here, try the telegram group, they won't even spot the irony.
Oh oh, one of the rampers has stole Baxter’s phone.
The 2 analysts offering 12 month price targets for Seeing Machines Ltd have a median target of 13.56, with a high estimate of 15.16 and a low estimate of 11.97. The median estimate represents a 195.81% increase from the last price of 4.5
https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=SEE:LSE#:~:text=Share%20price%20forecast,the%20last%20price%20of%204.59.
Steady on Baxter, posting positive news?
Be called a ramper next week ;)
Have a good Bank hol everyone, lets hope next week the results come and are looking good :)
This is ridiculously undervalued.
Https://www.ii.co.uk/analysis-commentary/four-aim-shares-are-potential-bid-targets-ii531587
Hopefully Stifel & Peel will be proactively encouraging their clients to buy & will be buying for clients discretionary portfolios -if they believe we are currently worth 3 X + our current SP.Paul & Martin have conviction & perhaps others are awaiting the imminent KPIs before taking the plunge due to caution about the KPIs being below expectation.
Enjoy the drizzle ( & drivel) this weekend !
2reincarnated, Are you stupid fool.
Lets hope someones listening....
Adding the shares are undervalued at present, Stifel says the shares are worth 15p and investors should take advantage ahead of approaching European regulatory deadlines.
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) has received some good feedback for the latest contract extension for its driver-monitoring technology.
Stifel notes that the extension, until 2023, is worth US$26 million and brings the cumulative initial lifetime value of its automotive programmes to US$392 million.
Adding the shares are undervalued at present, Stifel says the shares are worth 15p and investors should take advantage ahead of approaching European regulatory deadlines.
Peel Hunt also sees the extension as underlining how the ‘initial lifetime value’ of its current order book is the minimum it can make its current partnerships.
The company is bullish that it will see a deepening of the current relationships across new models for many of its contracts.
“Overall, we view this as a positive step forward for the firm.”
Separately, Seeing Machines announced that Martin Ive, chief financial officer, has bought 107,313 shares at 4.41p and 79,478 at 4.43p.
https://www.proactiveinvestors.co.uk/companies/news/1046692/seeing-machines-contract-extension-underlines-order-book-strength-brokers-suggest-1046692.html
You remind me of article I read recently about IQ levels plumetting.
You remind me of Surface Transforms, they did one yesterday at 1p!!
Definitely seen a vast improvement in the comms & marketing department.
Hope the penny has finally dropped that we need to start aligning ourselves with our huge & extensive partners.
More on SEE & Mike @NCAP2024
Mike Lenné represented #seeingmachines at the inaugural #NCAP24 conference in Munich last week speaking about the importance of Occupant Status Monitoring, Euro NCAP - For Safer Cars, Vans & Trucks demonstrating 2023 #protocols for cars and our path to 2026. It was a perfect setting to meet with key stakeholders of the Global NCAP community, government, and #automotive customers and partners, and we welcomed the announcement from Trucks Euro NCAP as they begin the introduction of #safety protocols targeting #heavygoodsvehicles.
https://www.linkedin.com/posts/seeingmachines_seeingmachines-ncap24-protocols-activity-7192025104397033472-khtI?utm_source=share&utm_medium=member_ios
We will really need to consider your eligibility for the yacht party if this continues
…. and the clowns on telegram are talking about £1 again.
Why? - well because Magna have won an award, yes that’s right not a contract just an award.
Ive has bought some more shares - it didn’t help last time so why will it help this time
Oh and a contract which is worth 26m between now and 2030 - wow! on average 4m a year.
Oh and let’s not forget good old Mike has posted on LinkedIn - can’t believe that alone hasn’t doubled the SP!
Let’s not forget that they have predicted circa 130m in 2026 - that’s two years away and about double today’s position. We will be lucky to be at 10p in two years not £1
Whats his game....pumping his pocket money in here, maybe that's all the wife will allow him✋
Anybody think he is going for the sympathy vote because he cant get the numbers to work, i can see a classic u-turn on the cards at the next set of results....watch the number of guardian systems on the shelf increase 10 fold😂
I would add
ARM Holdings
Nvidia
Mobilleye