Member Info for DavidW2016

Like many of you, I have watched and listened to the many PM videos over the years.
It is obvious to anybody following SM and their 'competitors' that the DMS Market is going to be enormous in terms of revenue and profit margins.
What encourages me as an investor, is the lead that SM has in the DMS technology and it's implementation of the product.
As PM stated, in no uncertain fashion, any new entrant to this market, and the current competitors , are 1-2 years behind SM.
The vast amount of research, development and experience would take years to replicate.
Therefore, any of the large enterprises / organisations that wanted to be a player or controller in the DMS Market, over the next decade, would have to buy their way in on the open market or make a bid for Seeing Machines.

For once I agree with you . A bid from any contender would bring out all of the interested parties. As a consequence, the true value of Seeing Machines technology/experience would be established in a fair share price representing true value, or thereabouts.

Did anyone ask him about shareholder value.
Where does he see the share price , in the near term.

Yes, the cars have already hit the road, some 447,000 in the last update. So stop all this ridiculous secrecy.

W T F do yo know mate!
Say what I want. I don't answer to you.

Unfortunately, one of the reasons why the share price is undervalued is because the SM management in the past have been unwilling to make confident financial forecasts for the future.
And one thing the market does not like is uncertainty and lack of confidence. Sometimes you have just got to be bold. That's why a CEO gets paid the big bucks, share options and bonus.
And before the faithful go into auto defensive mode, I note that I likely to own more equity than most of you long termers. So I am extremely concerned about the current share price and the lack of management noise from management.

There is no market.
99.9% of the shares in issue are NOT traded on a daily basis. At the moment we are in the hands of the market makers we who control the spread and a handful of day traders.
But they are destroying the share price!
How far are the Seeing Machines Management prepared to let the price drop?

I can only think of one reason why the Seeing Machines management are not bothered about the day-to-day share price. They already have an offer for the business from Qualcomm.

I cannot see any valid reason for the BOD to hold back on any news. Everyone in the industry knows that Seeing Machines is the biggest player with their IP and DMS technology.
Everyone knows they are going to obtain, if not already the biggest market share in the DMS sector.
So there is no point in any more secrecy. They need to take every opportunity to 'Big Up' their RNS's and to give more than minimum contract values.
PMG has been in the CEO job for more than 3 years now, and I have lost count of the times he has mentioned improving share holder value.

This is not a game. This is investors savings being destroyed.

When the market drops we drop.
When the market rises we drop.
BOD, if you wait until the end of August for an update to the market, the share price will be in the toilet. Not too elegant, but true.

Gladmore,
What do you base your doubt on ?
Gut feeling or fact ?

If you look at the share trading over the last months, and in general, only 0.1% to 0.2% of shares in issued are bought/sold on a daily basis with some peaks ever so often. So 99.8% of shares are remaining with their owners. We have share price carnage on ridiculous volumes and MM manipulation.And this is a free market !

Randy baron stated on Jan 12th 2022 that he believe SM will dual list in 2022.

There is no 'market' in Seeing Machine shares.
That is the worry. Only 13 trades in two hours.
A bid offer spread of 3%. All those RNS releases over the past four years, company interviews has made little difference.
I know the product is first class but the share price still needs to be managed by the SM BOD, which is part of their remit.
If your are holding a lot of shares like myself and not are not worried about the current share price, then you should be.

Soulboy, I also hope that a bid is not at this low share price too. But has many have said, SM is potentially a money maker. So why would a suitor not take advantage while the share price is low.

As far as I recall they are well funded into next year, at which point they should be owned by a larger company.
Also, a company cannot continue to fund raise indefinitely, otherwise those invested will grow weary of the dilution and go elsewhere.
Further, both Institutional & private investors are aware of the dismal share price over the last four years since it's peak in June 2018 and now expect a flow of RNS news and the next financial year forecast before parting with more money.
Fortunately, the forecasted DMS market share for SM is looking very understated, the after market business is on an upward trend, and the Aviation business as so much more to give to the bottom line.
I know everyone keeps saying this, but something has got to break soon!
There is still approximately 20%-25% of shares out there owned by private investors. That is one billion or more shares waiting to be traded at a fair price. We have all got our own idea what that means , especially those who understand the value of this once in a lifetime investment.
Unless we suddenly get a series of big RNS announcements, I still think the takeover option is more likely from a buyer who wants to take control of this market swiftly. We can only hope that we get a bidding war.

As you say, we have had many RNS's over the last quarters, including a A$125 million one. Even that did not move the share price.
The lack of trading, liquidity and MM control dictates the share price.
I feel that only a takeover offer we kick off any significant movement in the share price.
Fortunately, the people/ companies in the know will be the ones initiating such an offer.
So for me, it is hold and wait for that moment.
Even if that moment does not come, Seeing Machines are in the driving seat for DMS over the next 5 years or so. Therefore, the long term investors will be unlucky not to get a good return on their investment.

I agree Map. If the share price continues to get crushed on every bit of non SEE bad news, then when the good news eventually arrives , the share price will be in a poor place, and recovery, will be difficult. The Institutional Investors must be concerned about this price level.

June 2018, the share price reached 13.35 pence, or thereabouts. The world has changed dramatically, the views on autonomous/semi-autonomous driving has changed dramatically, the main DMS player is now obvious, SM is in a league of its own, and yet, the share price barely reflects any of these events or the numerous RNS's of the past four years that show how the company has developed.
It is like we are the best keep secret ever!