Member Info for boonboon

We're due a quarterly update for figures as of end of September. What's everyone's guess? Mine is 750,000

He got 705000 aud in salary and 331000 in options which he only benefits from if the share price performs.

I was talking about mirrors that aren't really mirrors but are a screen that shows images from an exterior camera. For vans where there's no rear window.

What happens if the camera gets dirty. Which always seems to happen with my reversing camera.

True, but although we're UK listed we have very little business in the UK.

The other way of looking at it is that Magna could have gone elsewhere, but decided that it is worth paying up for our ip.

I don't think we necessarily win everything Qualcomm wins. Although it does give us a huge advantage.

So how much does everyone need to make a material difference. For me £1 has always been the target. Will enable me to pay of mortgage and do an extension. Plus have a substantial amount in my sipp. Can't see anywhere near that this week and will be disappointed in anything less than 50p.

Could apply to lots of industries I think. Anywhere where it can be critical. Nuclear power plants for example or on board ships.

Hopefully the high street chain is Boots.

https://travelweekly.co.uk/news/air/easyjet-collaborates-with-boots-for-covid-tests

I remember Royal Beuk. How many years ago was that now? I think I've been here betwee 7 and 8 years.

Where are you hearing this? They've got plenty of work to do to with their existing brands. Don't want anything else to distract their focus.

Exactly. Would be good to find out if they're still only expecting 30% market share

Is it SEE tech though?

I've been invested since 2013. It finally feels it's the end of the startup phase at last.

It is. The way I see it simulators are the fleet of the aviation market. We get in there and prove the concept as well as gathering data. If successful we push to go into actual aircraft, perhaps by certain carriers, such as Emirates, demanding it or via legislation.

It's certainly a long way behind automotive, but I can see it becoming very substantial in its own right.

I think we could be massively underestimating the potential on this side of the business albeit it is further down the line than auto.

Boeing has around the same market cap as GM and Ford combined. Then you have Airbus which is about the same size and Lockheed Martin for military aircraft.
The simulator market is worth $6billion a year and the air traffic control market $10 billion.

These are massive markets and I think we're well positioned.

Just noticed that the USA share price equates to 5.9p

Herald investment management

That's a big contract. Hopefully will incorporate SEE technology.