Member Info for AConceptIsABrick

As Warren Buffet noted, “the stock market is a device for transferring money from the impatient to the patient”. I’m sure it’s difficult to find a finer example of patience than the stamina shown by all LTH here!

https://www.designboom.com/technology/qualcomm-xr1-ar-smart-viewer-augmented-reality-glasses-02-23-2021/

How do you know ? Please provide a link.

Apologies if this has already been posted. It's a thorough breakdown of different DMS systems, but no names mentioned.

https://www.consumerreports.org/car-safety/cadillac-super-cruise-outperforms-other-active-driving-assistance-systems/

Also, this article below lists tech that we are likely to see in our next cars, and trends which to look out for such as more and more partnerships between automotive and electronic companies.

https://www.consumerreports.org/automotive-technology/the-tech-that-could-be-on-your-next-car/

Someone introduce Sadiq Khan to SEE.
That's one way to ensure drivers get proper rests and breaks when they need it.

https://www.britsafe.org/publications/safety-management-magazine/safety-management-magazine/2019/1-in-6-bus-drivers-fall-asleep-at-the-wheel-highlights-unite-protest/

With less than 2m shares traded today so far, it feels like this week could be another boring week...20p seems very far off right now!

Apple is rumored to be planning to invest 4 trillion won ($3.6 billion) in Kia Motors as part of a planned manufacturing partnership between the two companies, according to Korean site DongA Ilbo (via Bloomberg).

Apple and Kia (an affiliate of Hyundai) are said to be establishing a production relationship that will see Kia build Apple Cars at its U.S. facility located in Georgia.

Apple could sign a deal with Kia as soon as February 17, with the aim of introducing Apple Cars in 2024, though that release timeline is earlier than some prior launch estimates. Apple and Kia are aiming to produce 100,000 vehicles per year when manufacturing kicks off.

There have been multiple reports of a partnership between Apple and Hyundai, and prior reports have suggested that Hyundai's Kia brand will handle manufacturing. Earlier in January, Korea IT News also said that electric vehicles manufactured by Apple would likely be made at Kia's Georgia factory.

When rumors of talks between Hyundai and Apple first hit, Hyundai confirmed that it was holding discussions with Apple, but later revised the statement and eliminated the Apple mention.

Apple analyst Ming-Chi Kuo said today that Apple is planning to collaborate with Hyundai and will use Hyundai's E-GMP battery electric vehicle platform for its first vehicle chassis in addition to using the Kia factory for U.S. production. Kuo believes an Apple Car will come in 2025 "at the earliest" but Apple is already on a tight schedule if it wants to meet that deadline, so a launch could be pushed back further.

Source: https://angel.co/today/stories/apple-rumored-to-invest-3-6b-in-kia-to-produce-100-000-apple-cars-per-year-36621?utm_source=Iterable&utm_medium=email&utm_campaign=newsletter-20210128

Sunday Times has a full page article discussing the changes and challenges facing Amazon's new boss Andy Jassy, and it mentions that Amazon are extending 'surveillance' to delivery vans, into which they are installing DMS across their fleet...(wondering if this is SEE)

Shout out for the optimism in the automotive industry recovery this year from GQ and Safestocks...

“One industry that looks set to benefit from our collective craving for post-pandemic freedom is the automotive industry. Car sales took a significant knock during the pandemic, with management consulting company McKinsey suggesting that the top 20 OEMs in the global auto sector saw profits decline by as much as $100 billion in 2020. But just as the boom of the 1920s saw an uptick in sales of Ford Model Ts, some of the industry’s leading figures are predicting a similarly prosperous second half of 2021. What’s more, the pandemic may have precipitated some positive change, with the ever-expanding electric and hybrid arenas set to experience the most significant levels of growth.
“We have a strong order bank going into [this] year,” Kristian Elvefors, managing director of Volvo Cars UK, explains. “In particular, we’re seeing a marked increase in orders for our electrified cars.” Jonathan Goodman, the COO of electric car manufacturer Polestar, agrees: “With electric vehicle adoption accelerating, the government investing in infrastructure and digital commerce coming to the fore, Polestar is confident about good levels of growth in the UK in 2021. For the industry as a whole, this year will see a return to growth following the huge impact of Covid-19 on the 2020 market.”

Ah, thanks. They didn't approve my registration either - I think you need to be an industry professional...

Do you know where we can watch this Qualcomm event please ?

Shocked but not surprised that there was still no news worthy of reporting today....

Surely it's now time for the BoD of SEE to consider a 1 for 10 share consolidation and leave behind the stigma of being a penny stock ?

haveagoodday - I question whether we will get any good news this week at all alas I share some of your pessimism. Would SEE really offer so many discounted shares to a US investor knowing that one week later they would be releasing good news which would inevitably push the SP up ? This seems quite immoral to say the least - the long term shareholders would be the ones to suffer; their shareholding would be diluted whilst a new II picks up a bargain and made a quick few £££m in a week.

I hope to be proven wrong however, and as always I'm encouraged by the fervent chat on this forum. News or no news, the potential of this company remains and we just need to sit it out a little longer....

MRBB - Hopefully, if revenue generation has already started then it reduces the chances of us needing to do another fundraise to support the R&D going forward.

Apologies if this is a repeat post, but I didn't see it on here today...

https://www.proactiveinvestors.co.uk/companies/news/931997/seeing-machines-signs-memorandum-of-understanding-with-l3harristo-collaborate-to-enhance-pilot-training-technology-931997.html

I too remember reading that although the flight simulator business was low in volume, each individual simulator was worth $250k per sim installation for SEE. If L3 are working with these big companies, even if they have "only" 20% of the market, it could be worth millions in revenue before we account for each individual unit thereafter.

It's also worth highlighting that L3H are wanting to install units into BOTH existing simulators at L3H training centres, as well as future simulators, meaning that revenue generation from this potentially *really*exciting arm of the business is actually much closer than we might imagine.

This link is over one year old......

Thanks for this interesting and positive post. It's *just* what I needed to read today!

I am concerned that the financial results and directors report has been postponed until 2nd November. In my limited experience, companies which postpone their results rarely do so for encouraging reasons, and this - combined with further lack of RNS - is a worrying sign. I'm slightly stunned that nobody else is in agreement.
Lets hope that I'm wrong, and that they are simply needing more time to type up all the exciting RNS which we have been long awaiting...