Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
By the way our equation for value of $Z tends to be take actual projected value, half it, divide by 9 and then minus a couple of million.
The SEYE equivalent equation tends to be take actual projected value, add on a few million, multiply it by number of models across whole of line up, assume 100% take up, multiply again by all models produced in last 10 years then finally subtract $3.45 for the press car discount. Then re-release the same announcement for every model won and at any given opportunity.
Gives a small explanation as to the differences in SP performances then!
Don't believe we will ever see them announced by name. Normally released as along the lines of; Number of design wins won for an additional/pre exisiting OEM HQ'd in REGION X, for Y amount of models, totalling moneh over the lifetime of $Z.
If we ever see anything different in how they communicate these such as actually naming them we'll know **** jus got real. BMW for example we know don't seem to give a toss over being named, yet we still chose not to and rightly so; it's always obvious anyway and no real need to when you are quietly building a monopoly.
I'll just leave this nice throwback from when Menon (less demoralised back then, poor chap) touched base with Mr Daniel of Finncapp some 2 and a bit years ago:
"Lorne Daniel, Head of Research at FinnCap, is a well respected tech analyst who has previously compared Seeing Machines to Mobileye, which was bought by Intel for US$15.3bn.
I needed a sanity check to ensure I wasn’t deluding myself as to its intrinsic value, so I asked Lorne Daniel a simple question: “Do you think a £2bn valuation on Seeing Machines is unrealistic, given its increasing dominance in the auto OEM market?”
His reply: “Absolutely it’s a realistic valuation. The end markets are enormous and time and again the company is delivering on its promise with very big companies.” "
Enormous markets people, we are now entering.
Nothing like a nice ramp before the weekend. Now all I need is Rashy and Bruno to continue their fine form against the gunners...
Those dyson boys VSI need a bledy medal. If I recall they must be averaging around 5.5-6p and have seen past many drops and additional funding rounds. At times their losses would have been ginormapig but they obviously know what we know that they know what we know...
I should probably reword that, any more OEMs in relation to further design wins. I would hope at the very least we would announce a win for an additional OEM anyway as we have in the past, regardless of the path we won them under?
In terms of valuation I think you'll struggle as we seem to moving past DMS right now and heading to the next generation of OMS and the in cabin experience. I think this may be a key reason why we didn't gain any more OEM design wins for basic 'gen 2' DMS? The next round of procurements seem to be for the more advanced functionality that comes with, let's say, an integrated veoneer/qualcomm platform...
"Personally, if Tesla starts using a rear facing camera I'm done with autopilot.
I won't buy a GM car with it and, if Tesla switches to it, I'll be getting my money back or we'll be discussing it in court"
Looks like this guy may be a keen walker sooner than later. At least by 2025 anyway!
"Personally, if Tesla starts using a rear facing camera I'm done with autopilot.
I won't buy a GM car with it and, if Tesla switches to it, I'll be getting my money back or we'll be discussing it in court"
Looks like this guy may be a keen walker soon. At least by 2025 anyway. Maybe a horse. But then I imagine Qualcomm may have that base covered too by then. #SnapdragonSaddleSystem