focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
….and an awful day for the paid derampers of this company - CFP won’t be getting their pay at this rate and great to see buyers coming in not scared off by a slightly lower KPI figure than expected - obviously affected slightly by recent car workers strikes.
Next two quarter KPIs are only going to look better with all the new models coming into SoP.
Preying on possible insecurities of investors and their partners clearly a desperate measure CFP - sometimes you make me laugh at your desperation but today you made me feel nauseous and a little bit sorry for you.
Clearly the next six months are crucial with plenty of news due as isb and Baxter constantly point out.
Exciting Times Ahead indeed.
The chuckle brothers are back - always a good sign.
Isb being particularly optimistic for a change though - well pointed out that when all the items come through, we could be looking at a substantial rise.
Look forward to news out of Tokyo - failing that, just two weeks tomorrow we will have the revealing KPIs and half year update. Exciting Times Ahead!
Not certain that “years away” is a valid assumption.
On the U.S. regulation website it states the average time for ANPRM/NPRM to be open for comments is 49 days
It’s unclear how long between NPRM and the rule being law takes - I’ve asked the question of NHTSA contact but the ANPRM/NPRM process is definitely not years according to the US regulatory website.
Do you have any evidence to suggest it is actually “years away”?
TIA
Barnden assumes they are in the Valeo 360 product - the amount of likes from PMG on Valeo posts you would have to think we are in bed with them - either that or he’s after a job there….
https://www.linkedin.com/posts/colin-barnden-1081376_automakers-ncap-gsr-activity-7114577994353897472-zVfR?trk=public_profile
I predict even with a strong rise there will still be people on here moaning.
Even the most pessimistic moaners should admit that January has the potential to be Jubilant.
Happy New Year One and all - Exciting Times Ahead!
Not frustrated at all Tom - you are comparing Apples to Pears, picking select time scales (compare for example their four year charts if you wish), and not taking into account (from what I can tell) dilution.
I don’t think it has anything to do with PR, and the quiet horse usually wins the race anyhows.
There is probably not a lot management can do to speed up contract sign offs and I personally suspect the big deals are in the bag awaiting announcement when allowed.
Chillin in advance of 2024 is what I’m doing - Exciting Times Ahead :)
Surely leaving AIM now would be like selling SEE at 5.7? Why exit a market that is massively oversold, nearing the bottom? The market is still risk off and until the macro improves, they will be. When investment in small caps inevitably returns, SEE will be at the top of the list of many investors - as Baxter says quite rightly, Exciting Times Ahead! Last chance to get in here cheap IMO…
Numpty - I am in hope that the little whacker has now been whacked by admin. Fingers crossed, but I think they have gone, so we can resume to normality here maybe? As I said, fingers crossed.
By the way, for newbies researching this company (and perhaps for the benefit of green blobs too) did you know that Seeing Machines have the most incredible people working for them? Take Professor Mike Lenne for example (Chief Science and Innovation Officer) Mike, being invested in human factors and safety research for the majority of his career, takes great pride in having a voice in such level of public policy:
Being co-author of EuroNCAPs Paper No.23-0286-O (EuroNCAPs current and future in-cabin Monitoring Systems Assessment) is quite frankly, amazing. So proud, and very exciting.
Google Mike Lenne….you will find his research and commitment to help “getting everyone home safe” is outstanding.
Fantastic news if you were anxious enough to think this would even make a difference, but the latest news (probably not reported by any green blobs) is that there has been great progress in strike action.
As predicted, looks like this will soon be over. Exciting times ahead!
Car workers strike not expanded as concession made https://www.bbc.co.uk/news/business-67036172
One of the main reasons why I think there are exciting times ahead is that DMS (who knows, maybe also OMS in the future) is driven by legislation - those well researched will know that some of SM senior engineers are actually directly involved in steering (no pun intended) this legislation.
But, I genuinely missed this RNS when I was summarising recently - possibly because it was a ‘REACH’ RNS.
Dated 7th June 2021: 21st Century Smart Cars Act would require DMS for all new US cars:
Introduced by Congresswoman Jan Schakowsky, a leading safety and consumer rights trailblazer, the legislation forms part of a larger automotive safety package, and would require a range of safety technologies become standard on all US passenger vehicles within four years, noting that they will be required to meet strong performance requirements. Specifically, the legislation calls for 'direct driver monitoring' indicating that a camera will likely be the primary requirement to determine driver engagement.
So, within four years of 2021! Exciting times ahead!
Couple that with the bipartisan infrastructure RNS of November 2021 and the IIHS RNS of Jan 2022
I’d say we are experiencing regulatory tailwinds!
Exciting times ahead? I think so, don’t you?
Wow - amazing milestone reached this weekend. Check out the front page of the website - 14 BILLION kilometres travelled officially with Seeing Machines tech!
Almost 17 MILLION distraction events detected! That is one serious amount of real life testing going on there.
How many lives saved?
I feel incredibly proud to be invested in this company.
How fast will we hit 15 billion? Exciting times ahead!
Afternoon,
Just thought I would summarise all the recent amazing news we have had again as it keeps getting lost in the green blob brigade. Goodness knows what rubbish has been posted!
In summary, in the last two years (by reading the RNS) we have had:
No less than 5 updates surrounding deals with OEMs and Tier 1 which will directly be impacting cars on the road from now and into 2024. Including the largest DMS/OMS award ever and a first foray into Japan. KPIs for cars on the road incidentally will be coming out in November. Last KPI showed a 143% 12 month growth rate. We could smash this in November.
No less than six collaborations with semi-conductor companies have been announced, pushing forward with the three pillar strategy. It seems our route to RFQ wins is maximised by partnering with so many great companies. Analyst predictions of DMS/OMS market share for Seeing Machines are ever increasing.
We have had an exclusive licensing deal to produce DMS/OMS in the mirror not to mention including funding which will see us to profitability according to latest financial roadmaps. Incredible at a time when funding is proving hard to obtain - particularly considering the funding positions of our main competitors.
We've had two aviation announcements - the latest perhaps the most exciting - partnering with Collins - a leading avionics supplier who are extremely well positioned to integrate our technology into aviation. A large aviation deal is on the horizon news of which expected any day now.
Two major Aftermarket announcements - one with Mobileye - incorporating the Mobileye set of aftermarket products with Guardian (our own aftermarket product). The other with Shell, one of several companies who jointly decided Seeing Machines Guardian offered the best product on the market.
By the way - did you realise, GEN 3 version of Guardian will be announced soon - which will revolutionise the rollout of Guardian into fleets worldwide, easier to install, large contracts are expected to arise out of this development.
Announcement of mandated DMS technology - the dates on this are crazy. Did you know that by July 7th 2024, ALL new vehicle types of buses, trams, trucks, coaches etc (M and N category vehicles) HAVE to be equipped with advanced driver distraction warning?
We have had no less than 50 signs of increased confidence in members of the board - including our recent CFO who just can't seem to get enough shares stuffed into their pockets. This is a pretty good sign of insider confidence in the company, who judging by the purchases, consider Seeing Machines to be drastically undervalued. Incidentally, brokers who report to the public also consider undervaluation judging by their price targets (without even taking into account the aviation market)
Needless to say, exciting times ahead - just a few days to go now until our annual results are published, and a great chance to ask questions of PMG at the Investor Meet meeting on