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Just to be clear I got cold feet and I sold due to wider market fears (I cannot remember what it was now) but essentially I stayed in cash for most of that time and only bought /sold other to a small gain overall.
As you point out Martin Ive is not going to invest his family fortunes on a dud. Financial people in the know certainly are worth taking notice of and even Paul McGlone investing his large sum tells me something good is coming.
Another poster pointed out that no-one is announcing any notable contracts so the wait goes on. Its not beating the drum that will raise this Share price it will be contracts and projected cashflow with whispers of profitability.
Lewbo I chose a time frame to work of all 3 companies summer lows to show how Cipia and Seye's SP are recovering on the back of wins whereas SEE's is stagnant. Whereas you chose a a 1 year time frame that shows how bad the others have done compared to SEE own reduction. If you take this further to a 2 year time frame it gets worse.
I agree that the different companies strategies are directly responsible for how bad other companies have fared. However all 3 should be recovering now and the only way a recovery will be generated is by cash generative newsflow as McGlones purchase and slight fall in SP underlines.
Not arguing, I just have a different opinion.
Their Share price has moved from their summer lows (ignoring the recent spike) is roughly 50% higher and Smarteye roughly 20% higher. Seeing Machines (ignoring the July trip to 5) is still at the same level. The wins announced by the others may not be significant, but they obviously improved sentiment
I am in a similar place with my oily ZPHR and a much larger holding here. My personal view is that SEE is an absolute bargain price for anyone not holding, the next year should really hit new heights, not because of SEE's great actions, but because the market needs DMS. I will carry on holding now as I have held too long (far too long in reality) as SEE are in too many of the best of class cars to not succeed.
BTW schlemiel are you currently holding, I would say from your tone you have ATM (don't blame you) so the immediate view is extremely good from these dreadful lows, and the CFO buys are enough for me.
I would have choked at the prospect of this being below target in 2023, 11p is pathetic and even 15p next year is derogatory of PI's. McGlone has missed everything in the last 2 years that has come out of his own mouth. PI's just suck it up! I realise the current climate is not great but half the problem is missed promises and p1ss poor PI
Lets face it, SEE's inability to impress the market is subdueing the SP. This imminent deal has underwhelmed the market and coverage from Peel, also Cenkos did not upgrade their price targets so essentially downgraded SEE. Stifel can't even be ar$ed to publish, and why the hell have SEE persisted with Stifel, or is it a genuine indication of the contempt SEE have for PI's.
Another Monday, another day without news. Every week I suspect news here, an indication the CEO gives a damn about investors, but here we go again, more silence, more share slipping silence. It would be easy to update the market on how existing contracts are performing, but no, that would be proactive PR wouldn't it! McGlone has had 4 years of upholding shareholder value, hasn't he done well, NOT. Cannot even achieve his own bonus criteria!
I have kept quiet recently as I don't want to be villainized as just another de-ramping clown, but all the research carried out by people here giving snippets of information, hints of brighter days, still is not materialising into news.
Mobileye have moved from 27 (just after IPO) to 39 now, so we can all find trajectories that suit, not to mention that Smarteye SP was ramped up by their own CEO to unrealistic expectations, it was always going to crash to reality. The story behind Tesla needs to be taken into consideration if you want to compare.
This Smarteye lesson on over-promoting a position should be a wake up call for the self promoted Pipeline as is NOT bearing fruit. This was set by our own CEO and his commentary was his own and he is no stranger to verbal blunders. It is time Private Investors started voicing concern, not sitting idly by fawning around the company. I realise unhappy investors are often ignored, but if no concerns are aired, nothing will get done. I have emailed (politely) and been ignored, others must add their voices.
Was surprised to log in after work yesterday to see Smarteye announce yet another win, this one sided battle is really wearing thin. As usual Fanboys are on here defending the wonderful company and feeding off vague rumours that never get into RNS. Looks like the CEO really cannot land a contract! The next time PI's get a chance to address the CEO, ask him some real questions, push him for answers rather than fawn around his feet.
Time will tell, but one thing is for sure, the competition is announcing wins, so why isn't Seeing Machines? By the way UpDownWeGo rules clearly state that any price affecting information has to be released to the market. You think that any of the companies you name are getting wins and Seeing Machines are not being told?
No wins = no SP gains. Competition announcing wins = more downward pressure. Poor shareprice will allow a cheap buyout with those that have the inside knowledge of the Tech. This could also be any one of the companies announced as having interests in Seeing Machines in the last couple of years. If the CEO is incapable of landing wins of his own much vaunted pipeline, then you really think Magna et al will stand by!
Down the SP goes again, looks like this Billion Dollar pipeline was just another imminent dream of a CEO that seems incapable of securing contracts. Still a cheap buyout by one of our ii's looks a certainty, perhaps that will grant PI's a rescue of the previous gains.