Member Info for chris100

According to the rns on the #11th Sept we're in advanced discussions with some of these companies, so I'm presuming, perhaps incorrectly, that price is up for negotiation and is not necessarily set in stone.

Seeing20 - thanks for giving detail on the broker note.

Does anyone have any inkling as to when the FOVIO chip will be available for Fleet Gen 3?

On another note, I think that it's perhaps best that this broker note is cautious on revenue projections. While some of the previous broker forecasts have been a good read, they look a bit Hans Christian Andersen to be honest.

Don't know what to make of it all to be honest. Forecast revenues for FY19 look flat, so I guess going forward we are going to get something similar to a royalty payment for Guardian?

'As the business model evolves, it is expected that manufacture and inventory management of Guardian
hardware will be outsourced to strategic partners. The Group will continue to work with distributors,
telematics companies, insurers, truck OEMs and other potential partners globally, to develop and
leverage opportunities to deploy the Seeing Machines DMS via the FOVIO Chip, which will generate
per vehicle payments'

If anyone gets hold of a new broker note, please kindly let us in on the details!

SEYE dont have enough skin in the game imo.btw we got a mention on the trakm8 agm vid on their thread about 55 min in ,they have their own DMS now but looks a bit rudimentary. I have a modest holding there.

Redindi - I was thinking GB2 saying $5 -10 k might be nearer the mark, but time will tell. Hopefully semicasts figures are more accurate!

Those prices quoted by semicast sound fantastic, but if realistic it's difficult to square with the recent update where supposedly FY19 was now supposed to be materially below forecasts. I can't wait for the results on wed now,talk about wishing your life away!

Hadn't seen this presentation from 26th June (Kevin Tanaka), but it appears to have been prescient (Page 6):-

https://www.autosensorsconf.com/sites/autosensorsconf/files/assets/4%20Driver%20Monitoring%20Systems%20Seeing%20Machines_Tanaka.pdf

'Addition of Camera-based Active Back-up
Driver Monitoring Systems to monitor
safety drivers in SAE Level 2+ Test
Vehicles? Use DMS to TRAIN drivers to
remain attentive to the driving task.'

Hopefully it will be Apple, GM Cruise and Waymo in the bag for SEE. Vehicle numbers totalling 300+ between them, they surely want the best DMS on the market and this would be fantastic publicity for SEE

https://www.cultofmac.com/574613/apple-70-self-driving-cars/

I think ken & co have done a great job. Many of the problems appear to be in trying to get the price point of Guardian right and that's taking time. It's not the comapany's fault if component costs are soaring. Hopefully this will be resolved in CY19 with the intro of the fovio chip. Meanwhile, publicity from associations with autonomous vehicle companies can only help take up of Guardian.

SEE will win many more auto OEMs and the SP will appreciate over time, irrespective of whether more funds will be needed.

Hi spanky. Yes I see that all my SEE posts prior to 2018 have gone as well lol. Yet posts on other shares still exist. Weird.

I recall it being stated in Finncap broker notes that fleet customers wouldn't pay more than $1000 for any telematics type product no matter how good. I think Gen 2 was projected to cost US $850. But if it has risen beyond that, perhaps the company is having to provide a discount on the hardware? Apologies if I am wrong on this. My hard drive failed last week and with it I lost all my historic broker notes which I had failed to back up - duh!

Might be worth revisiting safestocks interview with ken on 6th Feb ,where he answers questions on a possible takeover. What ken said likely still applies here.

I have to be honest and say that AIM often feels like a ponzi scheme for LTBH. Though i dont buy resources stocks etc its for mugs imo. No offence intended lol

I agree john

YeAh I dont know sebs. CAT do have a 24 hr fleet monitoring centre in place. I dont know whether they ever signed up non CAT customers for DSS,there was mention of them doing this.

Cat I think can sell the off road product to non cat customers from recollection. I lost my finncap notes so not 100% on that. Could they be interested in Fleet perhaps, they sell the on road product to cat customers only currently.

Sebs you may be right. I keep re-reading that RNS and wonder if there is a hidden message or not.

I dont get why we would sell off fovio now, water under the bridge and all that.

Trains is a mistake I think, I misread.