Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Totally unfairly, along with many other companies , caught up in a market melt down. Likely to make over a £100m profit this year, with very strong cash generation and a clearly most able management team-yet trading on an ever decreasing PE. Must be vulnerable to an attempted take over by private equity or a US corporation seeking to leverage a super strong dollar.
Can the investor presentation be viewed live online ?
Mid volume traded (for SEE) so far today (6.8m) but many of them are small trades. Largest is £17k. Numbers don’t seem significant enough to merit these daily drops in the SP. The continued lack of demand for growth stocks due to macro economic conditions, which aren’t likely to improve anytime soon, mean that it’s probably best if we all just delete the LSE app and revert to this BB in a year when hopefully the situation will be much better for us all. Hopefully there isn’t anything more sinister going on in the background to which some posters on here often allude.
I’m such a SEE champion and I will always be one , but I find it rubbish and shocking to read these comments about SEYE. People on this board are terrible competitors and I am truly embarrassed to be classed as as SEE investor if this is the kind of things that we say or do….
Surely if our major competitor is seeing dampened / postponed revenues then we will also suffer same ? The reasons - supply chain issues, component shortage, war in Ukraine etc - are global issues affecting everyone.
What was the smart eye news ?
Seeing Machines Ltd
Rear view mirror DMS and OMS solution
Seeing Machines has announced that it has collaborated with Magna on a demonstrator that features a fully integrated Driver Monitoring System (DMS) combining camera, electronics, and interior mirror technology. This solution addresses a critical OEM challenge associated with managing integration, cost and seamless camera packaging across a diverse line of vehicle models. The demonstrator shows the collaboration with Magna has solved challenges including processing footprint, low thermal dissipation, and small overall mechanical size and weight needed. Seeing Machines has further addressed the difficulties associated with a movable mirror/camera combination through dynamic real-time detection and calibration techniques. As well as providing an effective and simplified DMS solution, enabling safety critical for NCAP and regulatory standards associated with driver distraction and impairment, the integrated mirror location also offers an effective cabin camera position and field of view for occupant monitoring enabling a range of safety and convenience features inside the cabin.
Comment: The creation of a rear-view mirror that integrates DMS has been discussed for several years now as a potential ‘killer app’ solution that meets the requirements for OEMs facing the challenge of rapid adoption across all vehicle types in a cost-effective manner. Specifically, a rear-view mirror solution sidesteps the interior cabin packing constraints associated with differing vehicle types including existing interior designs that may still be in production when regulatory mandates start. However, the real-world challenges in this solution have been significant including the development of new software to manage the fact that rear view mirrors are adjusted by different drivers. Integrating occupant monitoring into the solution provides further value to the solution for OEMs offering additional safety and convenience features enhancing the potential per vehicle ASP for Seeing Machines for the same hardware cost. We see this solution as a further extension of the technological lead Seeing Machines has in the sector as this solution is not possible without high resolution and low latency eye tracking, high availability in the real world, and hardware acceleration. We therefore believe that this highly competitive solution could further extend Seeing Machine’s win rate and market share and we therefore iterate our Buy recommendation and 20p valuation.
For SEE SP to appreciate quickly and significantly, we need institutional investors to start buying up large positions rather than smaller PI's buying and selling - unless of course they are buying up volumes similar to Griffiths. If a few more II's used their financial clout to buy decent positions, it could have a tremendous impact on SP. Unsure why it's not yet happening...
Smart Eye today announced that it has been awarded three new design wins from an existing Korean OEM (likely Hyundai Group incl. Hyundai and KIA) on an existing platform. The total value of the design wins is SEK 50m, and the car models are expected to reach production in H1 2023.
Smart Eye has now been awarded 93 design wins, spanning over 14 platforms and 14 OEMs.
The additional design wins were very much expected as Smart Eye had already delivered its DMS to 16 previous car models from the OEM. However, this shows the predictability of future design wins (and revenues) after having been chosen for a platform by an OEM in the first place.
Hopefully we can get some news soon..........
Thanks Soulboy, perhaps a few people skim read this board and saw your post and bought in, pushing us back into the 8s !! ;)
Why though, in a company with over 4 billion shares in issue, are there only 2.5m ish traded today? (Yesterday I think it was 1.7m) ? Really low volumes…
EGOR22: Imagine if someone could tell us that in 2 years SEE will sell for £2bn to a semi-conductor company, so we may as well just enjoy the ride until we get there and no need to stress about it not happening. If only! Sadly, we can't get this guarantee - and it will probably take a while for the SP to align with the business fundamentals. This time in 6 months I think and *hope* we are in an entirely different position. However, I can understand why some PI's might settle for a bit less than the 100p people on here talk about (40-60p would be good) so they can exit with a half decent ROI and move on. I agree with Terrym that we need to start seeing some positive news flow to get things moving. I am so emotionally involved in this share now that I will only exit when SEE is taken over - even, sadly, if that was a decade down the line haha
100p is the stuff SEE investors dreams are made of, but right now, I’m sure many would be happy with 20p and a cheery goodbye. People are getting fed up and we need to hope that II’s don’t as well, otherwise it’s just going one way…..
Does anyone have any ideas why the board of directors don’t consider a share consolidation of say 1 for 10 or at current SP or even 1 for 20 to take the stock out of penny stock range and the SP of 7p - prob soon to be 6p ?
Feels more like a headwind because we aren’t going anywhere fast !
Perhaps you mean 2035? 2025 is only a few years away, and the legacy automotive companies seem to have pivoted very quickly to account for the trend towards EV’s. The article below shows how each manufacturer is delivering their EV programmes, and the second one also highlights how ICE’s will likely still be in use for another decade. Regardless, they all have DMS requirements.
https://www.forbes.com/wheels/news/automaker-ev-plans/?amp
https://www.goldmansachs.com/insights/technology-driving-innovation/cars-2025/
I wonder what Lombard + Fed's target price would be.
Once Fovio has captured billions of km worth of data, it can perhaps provide some large pieces of the self-driving car jigsaw puzzle, can't it? Edge-cases which are troublesome to solve now, which are unpredictable and spontaneous situations, and may be rare on an individual basis but found to be common across a large group of people, can be captured and researched to help understand how to give AI some kind of 'common sense'. Maybe more common sense than many of the Elon Musk super-fans have, who appear to be blindly mesmerised by his aura.
https://www.theguardian.com/technology/2022/mar/27/how-self-driving-cars-got-stuck-in-the-slow-lane
Let's hope the board are FAR more aggressive in any takeover negotiations than they were when setting these targets!
Seems like PI’s - and, quite remarkably, Cenkos - have higher hopes for the SP of this company than the SEE board do themselves…
Thanks - I’ll give it a go when in front of the desktop