The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
People expecting news of updates or new agreements in an interim results are daft. Today results are great. Just look at the cash position and for how long it takes to drop some substantial material news before running out of cash. Those who are selling, I actually want them to sell and flush out. I dont want them here being invested, impatiently expecting some Covid boom totally misunderstanding the concept of this company. I will hold when these idiots are gone and this returns back to where it should.
btw, I am accumulating here, as sub 10p is like the new low and jumping board from here.
Its an interim results should not be any news of results or new agreements here. Are ppl this daft here?
Cash statement is really positive to me considering the extremely wide range of research this small company is in. And most of the research costs are on their collaborators, thats very important to see. Looks very promising to hold and buy these dips idiots are creating.
You need to know the timeframe you are holding for and your main targets, and dont get tempted to sell if it breaks down on smaller timeframes if thats not your timeframe of holding. Its hard to sell a top, as it can extend at any point and you can easily sell on a spike way too early. You need to decide based on news, current sentiment, volume of trending and price action at that time when we get there. Price action runs very nicely at the moment and we are only in the wave 1/2 of the larger 3. this shows real strength of the move as the wave 1 went quite big so if the next wave 3 will properly extend we can be easily in 2 digits at the next move. I agree many will sell on but if the momentum keeps going and is supported with great fundamentals it will push even higher. So keep your head cool. You have been holding it for too long to sell on too early.
I will keep my main holding for multibagging min x10 from here (not to ramp)
https://ibb.co/R4phSK0
if you are wondering what you are seeing here, this is the smokey2 indicator. These are smokey2 appearances on the board saying the price will fall
Every time I see smokey2 comment I just have the urge to buy more SEE, I wonder why?
tbh, I think there is one more leg down to complete and touch the 4p, as I see this is an expanding flat for Wave2. Then move up for wave 3 of larger w3. Great entry point anyway. any news that will be coming should push us significantly up. All the expectations are building in the charts :)
Why no RNS on this tweet?
Do investors have to read message boards and tweets to know what the company is doing and why the price is flying again...? (hmm... not that I dont read Vlad tweets, hehe)
closed the gap from yesterday at 4.16. Absolute buy potential here. If correction takes longer can tap to 3.9p but it wont necessarily happen as it sets up to break up higher now. dropping on no volume which is a good sign for bullishness.
Another great volume today. I think we are still in wave 1 of the larger 3. This would mean we can end up potentially higher with this overall impulse.
Anyway I topped up today at this last drop, now I should stop buying and just sit back and see this growing to double figures.
Even though I think we should have a slight correction here to 4p I dont care much on miniscule drops if you can easily multiply your money from here. Gla.
"
Comment: A relationship between Qualcomm and Seeing Machines was first announced on 9 January 2020, with the target to integrate DMS into high-end SnapdragonTM based infotainment platforms. Subsequently on 27 August 2020 Qualcomm announced a relationship with Veoneer to deliver scalable solutions for Advanced Driver Assistance Systems (ADAS), Collaborative and Autonomous (AD). It is therefore of little surprise (but also a positive indication of the speed the partners are moving) that the launch of an (embedded) e-DMS kit on the SnapdragonTMplatform will be for both infotainment and ADAS integrations. This will no doubt increase the number of potential customers and hence the market share that Seeing Machines can win from its DMS software through Qualcomm and Veoneer.
? After quietly advancing its DMS technology development roadmap over the last few years, Seeing Machines is now stepping up its marketing to the industry highlighting that it not only has the highest performance DMS at the lowest processing cost but also, unlike all other DMS suppliers, it is offering this solution to OEM customers in almost every possible configuration, integration and supply chain route to market.
As well as the embedded software solution, such as that announced today, it offers DMS on a standalone chip (Xilinx FPGA FOVIO chip where there are already several major customers) as well as licenses for ASIC integration (first MOU signed last week). We see the development of its strategy to offer its DMS solution in all ways to all customers as a particularly important development, and will no doubt enable it to win a significant share of this market. In this respect we note that the DMS software industry currently remains a duopoly (with Smart Eye) and with Seeing Machines conservatively targeting a 30% share (which is also the basis for the Cenkos
DCF valuation).
"
rush in to buy before close again?
surely somebody signed something yesterday to maintain this level and hold today till release... good accumulation guys :)
These could be buys but its hard to tell. I would rely on the overall volume of trades and the direction of the move. Although the volume was not that significant in this last 10min spike so wondering if more will follow or catch up in the morning.
closed at 11,6p now? looks like somebody signed something and told their mates
Yes it would be nice to say and confirm there is no fundraise needed. Which by the way anybody who can read can all see from the Aug trading update, and numerous Cenkos notes. When the company will say that no fundraise needed and every possible risk of a fundraise is eliminated then you dont take any risks buying in, but then the SP would not be in 3-4p but 30-40p at least. Thats the knowing to get yourself in cheap.
We are impulsing up, no other way to say it. Corrections do not break previous lows, hardly even retraced to the 38% of previous move. We are taking out previous highs too and testing them from the top. So yes traders can get in buy and sell catching some small corrective movements. But this is not yet the end of this move, to what I see and I wont sell into a start of a wave 3 yet. I have the firs target at 6-7p region. The previous downtrend has been broken and we are moving up, this share is now in an uptrend to beat the previous ath at the next cycle end. The way it moved from 14 to 1.4 the way it will move back up x10 from here. And in case it gets more impulsive it will beat that high as well.