The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I sometimes think there is so much focus on the detail here that the big picture is ignored.
Based on the numbers SEE and PMG themselves have given us Fy2023 will be a loss, FY2024 will show a loss and Fy2025 the first profit. (FY2024 I know is debated by some).
Now that autonomous driving has been so well aired in the media I'm not sure how much SP impact the RFQ announcements will have on the SP (it will definitely increase but by how much?)
The big SP movers may be first profit (Fy 25)(nvestor impact) or commercial airplane Single Pilot with DMS (FY 26/7?)(General public impact).
The big unknown and so far serial underachiever is FLEET. If they can get significant penetration with Gen3 preinstalled by manufacturers it could be very significant - but only if monitoring is included. Cheaper competition will eat up the bulk of commercial fleet DMS imho....
One thing for sure - it will be an interesting journey....
I don't know.
A possible explanation is that SEE have asked them to do so to maintain interest in the stock and keep investors positive in the interim while company stats are still low though rising.
There is no legal reason afaik as they are not crossing % boundaries.
It is very clear from the RNS that Lombard bought the shares - not Michael Brown in his personal capacity.....
"Lombard Odier Asset Management (Europe) Limited ("LAOME"), a person closely associated with the Company's Non-Executive Director, Michael Brown "
Air Liquide has been a direct fleet customer of SEE since before the RNS of 16 may 2019. Over three and a half years. Another example of the glacial rate of penetration of Guardian over the years. Here’s hoping gen 3 and legislation move things along.....it certainly has not made much progress in its current guise.....
seizetheday - it would be big news if it hadn't already been announced in early 2020 - see the attached from Feb 2020.
https://www.cnet.com/roadshow/news/gm-super-cruise-expansion-2023/
If anything it is disappointing that the projected number has not increased since then.
I see thy have an announcement on their website "Proposed changes to Seeing Machines Constitution". But it is not clear what the changes are - and they didn't make any such announcement today - did they ?
https://seeingmachines.com/investors/announcements/
Indeed S2020 - I am just musing about how they might structure it for best effect.
Updownwego - I doubt very much if they get an aviation licence deal worth more than Aus$227m up front - much and all as I would hope so.
One way would be to float off separate companies - but there seems to be no rumour of that anymore....even though they did do significant work some years back to restructure the operations into the different streams.
I tend to agree with you MrBB.
Which is why i queried some time back how they would structure an Aviation Licence to give greatest value to SEE as per PmcG they have no use for extra money in the company and they cannot distribute it as a dividend.
Intriguing - but a nice problem to have.
We already know the accounts will show a big loss. They cannot hold big wins for the results day. That is completely against stock exchange rules. Pointless in raising false expectations which will then be disappointed. Best we can hope for is confirmation of the positive forward looking sentiment....