Member Info for ForensicBloo

I didn't detect any excitement.

Just a factual statement on some large buys.

I did however detect some condescension in subsequent posts.

Google AI

Shore Capital initiating coverage on Seeing Machines (AIM:SEE) with a 'buy' recommendation and a 9.5p target is a major positive catalyst. It introduces the stock to Shore's large institutional client base, and the target implies roughly ≥100% upside from the recent 4.3p–4.4p levels.

Why This Coverage is Significant Institutional Exposure:

As a prominent broker, Shore’s endorsement brings enhanced liquidity and credibility to the tech company.

Validation of Growth Trajectory: The coverage aligns with a slew of major commercial and regulatory wins for Seeing Machines, including massive EU regulations mandating in-cabin cameras that took effect in July 2026, alongside a recent US$31 million expansion on a European automotive program.

Broker Consensus:

The 9.5p target from Shore sits near the higher end of analyst expectations. With Shore's inclusion, the broader market consensus currently tracks a Strong Buy across covering brokerages.

Understanding the Target Price

The Stated Target: 9.5 pence.Implied Upside:

With Seeing Machines shares hovering around 4.3p to 4.4p, Shore's target points to an upside potential of over 115%.

Analyst Consensus vs. Targets:

The average 12-month share price target across all covering analysts sits around 7.5p to 7.9p, making Shore's target a particularly bullish projection that reflects confidence in the company's long-term scale and move toward profitability.

I'm starting to think this is a huge turn of events.

Like, massive !!

A new broker, with a doubling of the current sp as their target price.

Remarkable.

A lot of assumptions in that comment.

Fairly pessimistic ones.

You can either think that the lenders are in charge and are offering poor terms, or that seeing machines are in a strong position and are are carrying out a lenders beauty parade to get the best terms possible.

I prefer to think it's the latter.

I don't understand this comment.

Where has further borrowing been suggested?

They have always said the aim is to refinance the cln.

And considering this is stated in an RNS, it literally has to be true.

The penalties for it being otherwise are severe.

The June deadline was an internal target.

The update is clear.

Why would it go down badly?

Although you maybe right and the sp drops.

Absolutely no need for it to do so though.

Exactly, brick.

It's not typical operational debt.

The outcome of the cln renegotiation will be materially impactful, one way or the other.

Persisting low daily volumes, it's almost like everyone is waiting for some material news.....

If the cln is sorted one way or another in a very favourable way to SM, the pressure valve holding everything back is gonna blow for sure.

Interesting buys this morning testing the sp.

A smidge under 5p.

Looks like a question for AI to me.

MMs increasing the spread on low volumes.

I did a dummy sell when it was 4.83 and the price offered was 4.4.

We can safely ignore these spikes when there's nothing apparent supporting them.

We should all put our tin hats on then.

End of June was an internal target.

In fact originally it was early June.

Maybe we'll get the update in August's KPIs.

Or maybe in October?

The amount of green on my screen is always inversely proportionate to the performance of the share price.

Now that is a proper drop in the bucket !

To paraphrase the words of Quint, we're gonna need a bigger bucket !

This may have been answered before, so apologies, but why the cluck can't they just tell us who the car manufacturers are?

"Drop in the bucket"

🤦

Even good news is met with comments like this

Still early but the market seems to like the news.

Oh dear, another tool to add to the green blob.

Good post littlelib.

It will be very interesting.

How do you know he was born pre 1965?