Member Info for isb1974

It's just as possible that the lenders are in charge

can't you see both possibilities?

are you that blinkered?

Agree oldfool, will also be out at 10p with less return than I imagined and having had to wait longer than expected

my original get out was 30p and over the years it's dropped to 10p

just not quite as confident as you about it getting to 10p, but hopefully that confidence will come with 2m cars in the next kpi's and a dilution free resolution to the note, which starts a move upwards

if it doesn't then I'm not quite sure what will

Never expected it by end of June as the note expires in October

remember they also originally said march and pushed it back to june

If the debt is no big deal - what's holding the SP back then?

It's not going to be mandated by early 2027 - no chance

yes we have some of GM and Ford but they are not going to ramp up quickly

And that's my point - it will never get written off so how can the debt ever be solved favourable for SEE? - it cant!

The best we can hope for is for it to be paid off quickly, but that means more meaty contracts in both auto and fleet are needed asap

A Toyota contract would help, but how likely is that. GM and Ford will not happen until the US bring in legislation which will never happen with trump and musk having so much power

A fleet contract for 18,000 vehicles would help but that seems to have disappeared completely

robotics and aviation still years away

yes fingers crossed we are on track to make circa 30-40m profit next year but at that rate we will be paying the debt off for years

How can a debt of $60m ever be resolved favourably to Seeing Machines unless it's written off, even extending the date just has it hanging over the SP for longer

Think you will find originally it was March

Don't worry ESC I'm still mightly p*ssed off with the fleet disaster and the lack of large auto contracts - was hoping for a Toyota one over $100m by now

let's be honest if it wasn't for the VW contract we would be f*cked so thankfully that looks very sticky, but we need another large one so all of our eggs aren't in one basket

US auto manufacturers clearly not bothered due to lack of movement in US legislation so we need Toyota big time but it doesn't look good with that at the moment given the news around SEYE

If fleet fails again to achieve the 6k in the QTR I will vent my annoyance again with PM

We should get an idea in the August update

H1 saw a 13m loss so if the total year loss is only 3m for example we know how profitable the second half has been but of course that will be based on only 1.2m cars in Q3 where as we are expecting 2m + every QTR next year, hopefully a lot more given the expansion of 31m the other day that starts from July 26

it's also why we need some big news on fleet.

we need that circa 10m profit per QTR from Jul26 and if this is evident from the aug update then the SP rise might start in 2026 rather than 2027

but yes in Feb 27 when they announce H1 profit of hopefully $20 should see things start moving

Not convinced we will get news on the CN now when its not up for payment until October

I'm still hoping magna extend it so we start paying it back next year when we have been told we will be getting circa $10m profit a QTR from auto

.. beginning to get the feeling that SEE could announce a $500m contract and it still wouldn't stop the SP from sliding after it's initial 1-2 day jump

I can only assume its this convertible note that's causing all the problems

I guess the market still believes dilution is on its way

the quicker SEE announce what they are going to do the better, even if it does end up as dilution - just get it over with

What news is expected before then?

Jimmy - looks like you will be working until your statutory retirement age then as you are deluded with 25p let alone 50p

$40m profit next year (which is by no means guaranteed) could see the SP at 10-12p around August 27 when they deliver next FY results

Then I would imagine SEE gets taken out for around 15-16p before Xmas 27

Shame the market doesn't think that

What I would like to see in the next 8 weeks is;

A bloody decent fleet contract - just one will do

Clarification on the conv-loan

1.8m, hopefully 2m auto kpi's

A trading update clarifying H2 was profitable which outweighed the majority of the loss in H1

Total year loss 2-3m at worst

Then I think we will see a change in the SP assuming the loan conclusion does not shaft us

I would say that relates to the magna contract from last month yes - with VW

SEE probably haven't announced it because its probably just VW expanding into OMS and globally not just eU and china so they will probably claim VW has already been RNSd

I can't see what other option it is because surely if it's anyone else it would be a significant incremental value.

the worst scenario of course being it's not SEE but then SEYE haven't announced anything either

Perhaps they will announce it along with some kind of agreement with magna on the loan

Pie in the sky stuff but perhaps they will wipe the loan out in return for no license fee on the first 6 million vehicles in this contract

who knows but I do find it strange there has been nothing

Clearly not SEE - I think most large fleet companies have gone their own way with regards to DMS except Volvo which SEYE won and announced over a year ago

Its the value Seize - no one can get excited by 11m for both contracts spread over 3-5 years - it's peanuts

If the share price is going to move they need to be announcing the kind of things they were years ago - ie 120m for the Magna / VW win

They also need to prove that the $390 by end of 2028 is going to land - funny how that pipe/order book never gets talked about anymore

they also need to show that H2 was profitable to show that the whole of next year will be and then we might even see an increase in the SP until they deliver a profit in H1 next year

Hopefully by Feb announcement things may start to sink in

as for new contracts I don't hold my breath for any news worthy ones during the rest of this calendar year if the Japenese ones were only 11m