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Soul
SEE MCap has certainly trebled since I took the plunged. Except that sp is exactly where it was. We could’ve kept past CEO memoirs on the same page and paid tribute to our past CEO for tripling SEE MCap. Sigh...
Red, I’d agree with that. Most likely when that RNS was penned, it was for NRE plus models CT6, CT5 Abd CT4.
Lots of politics at the time to in GM and heads rolled. Cruise vs SC amongst the issue. I think GM direction of travel is a lot clearer now after 04.02.20 and we will be part of that. From 1 model, to 3 to 22 after that.
https://www.wired.com/story/2021-escalade-super-cruise-self-driving
Escalade grabbing more attention and a mention of another market analyst. Escalade more mainstream, CT6 niche.
Cheers TLS. A lot of information there. From where I’m sat, what’s in 18-24m is as clear as a sunny day — we will be in millions of cars and other vehicles. It is the journey itself that makes for unsettling sojourn.
https://youtu.be/7Xc6cPqCvWw
Now this video is from CES 2019.
CES 2020 we got the SEE + Qualcomm RNS.
GM then announced Escalade release this year.
My take is between CES 2019 and 2020, GM and Qualcomm finalised how Super Cruise is going to be integrated.
IMHO with the new release, Joyson (our Tier 1 for CT6, **May or may not** be involved). The landscape is changing in AV in that, tech companies (eg Qualcomm) are providing sufficient System integration and traditional Tier-1’s are bypassed.
SEE tech will now be “embedded in Qualcomm chip and we will be paid per car” (unquote PM).
There was another clue as PM mentioned that Qualcomm and SEE will do joint marketing. IMHO this will be offered as standard across the Escalade model, within the luxury SUV segment.
I had a hunch about this and next is to find out how big the Escalade market is.
DYOR.
DYOR.
https://arstechnica.com/cars/2020/01/intels-mobileye-has-a-plan-to-dominate-self-driving-and-it-might-work/
Critical look at Mobileye. First para is the best — unless you need SEE to be mentioned by name (and can’t use the power of deduction).
Buffet,
I’m ok with no RNS at this stage as that would be too simple. A more interesting question in my view is why Escalade and (wow) 22 models.
We were told in loads of articles over the last 2 years that the next roll out would be other Cadillac models CT5 and CT4; or one new model every 6months (that should be 8 models until 2023) but instead we get 23 models.
Indeed (one of) the BIG NEWS we’ve been waiting for (02.04.20) is indeed GM rolling out Super Cruise in lots of models in just 3 years. The guy who spoke after Mary Barr’s said so — read the transcript!
Why Escalade (I believe CT5 with improved super Cruise release is sooner)? I don’t know. Escalade is an SUV btw. But what I do know is another US OEM release of a capable L2+ capable car/SUV in Q3. Chip inside. ;)
The big players competition perhaps? We’re stuck in the middle. Literally - embedded!
Nite...
Terry,
Your guarantee from this morning (buyout within 2-3 years) caught my attention. The topic isn’t new but to give a cast iron guarantee is quite something.
I have just extended my investment horizon in SEE following the H1 update to another 5 years. By then, according to a trusted analyst, DMS will be in 70M cars and by conservative estimate SEE will be in 21-28M of those. Buses, vans and lorries will be bonus (in multiples of 28M). I won’t guess what SEE MCap will be.
Now I need to find yoda for lessons on Patience. Maybe he’ll say... a buyout there will be... ;)
Morning guys.
Seeing, Re licence fee per car model should come with some NRE costs as well? Given that we may offer OTA updates as well, will there be some sort of ‘recurring’ revenues?
The transition from L2 and L3/L4 is an interesting one.
From liability point of view, if SEE tech is involved in assessing a claim, surely SEE needs to cover itself against a claim and with that comes costs /extra fees??
Cold Rotten Pie once told investors in another bb that SEE is a solid investment. What happened since? He must have sold out at a huge loss, can’t let it go and now has a different agenda — shorting or wanting to get back in low.
Just to balance the argument, I’d agree that SEE is a solid investment because of regulatory backing, technology changes in cars (software vs hardware) and the fact that we’re in multi-sector transport.
And as mooncandle is now back, I’d just point out that Alex8 is now proven wrong as he talked down DMS — not going to be made mandatory — when he was obviously selling.
In all of this,... it isn’t just Seeing2020 who can see the derampers’ agenda, but he works it out well before others like me. In the final analysis, your investments are your own whether you sell at 3p, 7.5-11p (Alex8) or whatever-your-business pence.
End of rant.
Talking about Bosch it’s worth listening to this presentation. Bit long though 40mins...
https://youtu.be/dEtTZ3t5ugE
Given how huge Australia is, when fleet numbers increase in Mexico (also huge), Thailand and Latin America countries, I was expecting for the Km/day figures to drop. I guess these businesses know optimise their profits.
Does anyone know what sort of mileage / day companies like FedEx, stobart and freshlinc are doing per day?