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SEE's story is they are loss making, will be for another 18 months minimum and constantly miss self-made targets. (The latter indicating a woeful lack of market awareness by PMG)
I don't think analysts ignore the story - they are just not so emotionally invested in the share as we are and therefore view it differently. They have also seen it all before .
Unfortunately all the success SEE has had commercially so far is in low volume arenas - Caterpillar, a pitiful number of fleet installations for the length of time they have been "market Leader", Cadillacs etc, trains(?), no significant Aviation breakthrough.
Their cost base is significant so anything less that seriously significant see-changes in their revenues will not move the dial.
Of course it is just about to change "Next year" as has been the case for the last ten years.
Next year Rodders we will all be millionaires.....
The lidar, radar and camera suppliers are not mentioned and they track and analyse the whole environment. See only track and analyse the face....it is up to seeing machines to publicise our tech. Not ford.
Seeing Machines are not listed in the Attendees list or the Exhibitors list.
So in what capacity will they be there ?
Perhaps they won't be - hence the post being removed ?
I can understand timelines not being met - though it is worrying when it becomes a feature of our new, whiter that white, CEO but I cannot understand the reluctance to RNS Increased lifetime volumes as they become evident a la SEYE.
It would do so much to convince both current and future shareholders that things are trickling up as we await the avalanche.
"Based on announcements, Ford may have switched from Veoneer to Bosch for #NCAP #GSR DMS,"
If this means SEE have lost Ford DMS it is surely as big a deal as winning Ford in the first place.
But in this opaque world nothing is clear at the Tier-2 level.
Oh to have clarity......
Phil, it was quite clear to whom he was referring given that the SEYE finances were a hot topic at the time. SEYE may even have been mentioned by the questioner to whom he was responding. I cannot really remember.
In any case looks like we have real discussion on here now with more joining in with contrasting viewpoints - all good.
PMG's questioning of SEYE's ability to win orders given they had not at that stage raised funds also indicates a careless lack of knowledge of the market/competition and a worrying hubris.
This latest should serve as a good kick in the ****...
Pride before the fall.....etc.