Member Info for boonboon

Not too expensive for the CFO.

Reiterates 24.3p target price

VSI have 9.44% and I believe still have a director on the board.

Could also mean shares held by directors or companies with directors on the board. Lombardier and vsi for example.

I think SEYE are a stronger competitor than many of us think/thought.

I'm thinking 40% market share for SEE is more realistic than 80%

They were working with us and Smarteye in 2020 so difficult to say if we're involved in the latest product. https://www.just-auto.com/interview/harman-vp-on-sensor-fusion-driver-monitoring-and-scouting-for-start-ups-at-ces/

Did he say Gentex showing off DMS. Would that be in the mirror?

In which case our addressable market is a lot less if the budget models are going to be won on price only and we don't discount.

If you buy now you might be able to take part in the placing so you wouldn't be diluted and might in fact be able to pick up a bargain.

Probably the contract was dependent on them getting funding, which is why they've announced the funding.

But we know they have 29,000 coming in stock and are confident of selling them. We will then get gen 3 which should significantly increase the addressable market.

The summer months are generally quieter in Automotive as manufacturers have a shut down.

Paul himself said it was seasonal and that they will at least double every year for the next few years.

You'd have to assume that's us seeing as we are working with Collins.

Nissan and Mitsubishi I expect by the wording.

Our partners will be showcasing our technology at CES and the mirror solution is a great example of our technology.

Contracts could land at any time and it wouldn't surprise me if they're larger than $125million. Last time we already knew about the contract from the fundraising so it was expected and possibly why the shareprice didn't really react.

It's a legal requirement that all director purchases, no matter how small, are reported.

Likley to be deeply discounted imo

https://smarteye.se/investors/press-releases/press-detail/?slug=the-board-of-directors-in-smart-eye-intends-to-resolve-on-a-fully-covered-rights-issue-of-approximately-sek-325-million

I think we're past the stage of announcing single digit wins.

It's utilising their aftermarket product so low volume and low margin I expect.

Caterpillar have exclusivity on mining and certain other sectors. I don't think it's massive news. We made $2.4million aud in sales to Caterpillar last year and whilst this is welcome at 90%+ margin it's not massive in the grand scheme of things.

Smarteye still have zero vacancies.