The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Your up early, You expecting some news ?
Great find Terry. I always get excited when SEE are working with the military. Military don't usually have to justify spending huge amounts of money!
I had a look at all the carriers mentioned in the trial and the fleet size. Combined they have a total of 2000/2500 trucks give or take.
Russell Transport - 100+
Lindsay Aus - 1000+
JBS Carriers - 700+
Emerald Carrying - 50+
DTC Easter - 50+
CHS Broadbent - N/A (just got sizeable fleet)
Cannon Logistics - 25+
Frasers - 50+
JD Transport - 25+
MJ Mahon - 25+
one missing from the 11 mentioned
https://www.bigrigs.com.au/news/fatigue-and-distraction-project-begins/4042565/
This study/trail could be very important for SEE.
(MAIC) The Motor Accident Insurance Commission (MAIC) is the regulatory authority responsible for the ongoing management of the Compulsory Third Party (CTP) scheme in Queensland.
If they approve and deem it a success then who knows. Safety truck concept trail was a success so I assume this one will have the same conclusion.
Some of the carriers involved:
Beggs Bulk, Cannon Logistics, CHS Broadbent, DTC Easters, Emerald Carrying Co, JBS Carriers, Lindsay Transport, and Russell Transport.
3p barrier has been broken
https://www.bbc.com/news/business-53142821
If this is found out to be true RNM could be in big trouble.
This week, the Guardian DMS team is preparing to start installing 282 Kenworth Trucks for a new client in the city of Celaya.
Guardian DMS is set to install over 400 more units into existing Guardian DMS clients over the coming two months.
700 installs in the next couple of months. That is a good achievement!
https://www.linkedin.com/in/ramamyers/detail/recent-activity/
Looked conclusive before but now its just like yep. "release the RNS please"
One thing I think SEE marketing should do is post something on twitter about the Mustang and all the buzz around Co-Pilot360 . It doesn't directly mean that we have anything to do with it but it is provocative enough to suggest we have.
Unless the NDA impedes this of course.
The evidence all points to Seeing Machines being the DMS supplier. Nick DF is the GOAT!
I cannot wait until Seeing Machines gets credit for supplying the DMS.
The “old” automakers know what they are doing. Ford/GM/VW know that it doesn’t matter who does it first, but who does it right. Whilst AV companies like Uber/Tesla/Waymo promised the world that autonomous cars would exist in the next 5 years, splashing cash with crazy company valuations and ambitious marketing campaigns. The old boys took the rear seat, holding their cards close to their chests, sat back and watched. Listening and learning from the all mistakes committed by the too eager AV companies.
What’s just as important is that the “old” automakers all have something in common. They are all for the use of DMS for level 2/2+. Another thing most of them have in common is who they are using to supply the DMS.
My theory is the next “old” automaker to play his cards and reveal himself will be VW. They will be watching closely to the success of Ford and its Co-Pilot360 suit. Once they see the outcome, I imagine it would not be very difficult for them to implement if they haven’t done already. I mentioned a while ago that I think a triumvirate + 1 has occurred in the auto industry. Ford, VW, Argo.ai and Seeing Machines.
Watch this space
After that bombshell I am topping out. Have a great weekend all ??
#SleepingDragon
keep'um coming.
Fair to say I am absolutely stoked about this.
The Mustang looks great in many ways. The revolutionary steps in the creation of the all new electric Mustang looks unbelievable. Hopefully, the sales match the hype! Although, as Lewbo mentioned every single Mustang sold is all upside.
Seeing Machines FOVIO systems adds to the impressive arsenal.
#SleepingDragon
If Dr Lenne is excited then I am also
So you have took it upon yourself to do what? speak on a board that you have no invested interest in? very, very sad but I can imagine it suits your personality
https://www.fullyloaded.com.au/industry-news/2006/advanced-safe-truck-concept-in-cab-guardian-angel?utm_source=Sailthru&utm_medium=email&utm_campaign=ATN%20EDM%2015%2006%202020&utm_term=list_fullyloaded_newsletter
"For us, using this technology in our vehicles is a mandatory requirement for safety reasons. The way we think of safety in our business, the use of this technology is compulsory for us."
Darren Wood - General Manager Ron Finemore Transport
Endorsement after endorsement. These words will be echoed across the industry in time.
https://im-mining.com/2020/06/12/b2golds-latest-responsible-mining-report-details-progress-fatigue-management/
B2Gold Corp. do and are installing Caterpillar Inc.'s Driver Safety System across their entire Fekola haul fleet after a one-month trial reduced fatigue events by a massive 98%.
What a hypocrite. Telling people to talk about facts. Yet none of his statements are backed by anything.
Why post on this board when your outlook is so negative?I would not keep my money invested if I believed we would need another round of funding, no Guardian installs in the last 6 months, trouble with supply chain. So why do they? That is the million dolla question
Unbelievable.
#SleepingDragon
Agreed Glandore,
I had my figure at A$35m at 30 June 2020….
Cenkos note -
"We view today’s licence deal as a positive demonstration of the value of Seeing Machines’ Driver Monitoring technology and the managements’ ability to monetise it. The US$5m upfront non-refundable license fee is worth more than cA$8m and we believe therefore covers the cA$5m cash shortfall to self-financing we estimated in our update from 17 March 2020. For the Tier 1 partner, the license provides greater access to Seeing Machines IP, which de-risks the supply chain to OEMs as well as enabling the Tier 1 to offer more options in terms of integration and
functionality. This will undoubtedly help the Tier 1 secure new DMS business”.
Don’t forget Qualcomm. Sleeping dragon now… Snap…. Game changer
https://www.brightmile.io/blog/the-sobering-stats-around-work-related-driving-today
Let the stats do the talking