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Baxter, they never announce a contract win on a Friday and they won’t release news between Xmas and new year so it is basically 3 days this week or 4 days next week.
Come on McBulls**t prove me wrong and don’t let this go from a Dull December to a Desperate December with a share price starting with a 4!
Looks like even Colin is beginning to think SEYE will be market leader, suggesting Toyota as their next big win! What a kick in the teeth for SEE that would be - setting up an office in Japan and about 5 years ago claiming all 5 Japanese OEMs were testing SEE tech. Not a very good win rate that - just Honda
What’s worse he is even implying that the auto supply chain is changing and will benefit SEYE more in the future as it means they can by pass the tier 1’s - no wonder they have always knocked SEE for just focussing on the tier 1’s - what did happen to all the different options SEE spouted including the cheapest DMS available - not more Mcbulls**t surely?
I bet all the SEE lovers on Telegram are now disagreeing with Colin even though over the last few years he has seen God like status!
Paul had better release some contract news soon otherwise SEYE are going to run away with this!
yes i must apologise for calling paul, mcbull****. he has been proven right again in that there has indeed been a run of contract announcements in this qtr. he didn't actually stipulate that the run would all go in see's favour so 3 awards does amount to a run. the fact the market leader has announced 2 of them is nothing to worry about though because our's are just around the corner ... you know like they have been for 2 years.
i'm looking forward to 2 years of waiting for those large fleet deals which people seem to think are going to get announced in jan along with the launch of gen3. however, paul did first mention those 6 figure volume deals over a year ago now so we are halfway through already, so that's a relief.
my 10 year anniversary of being a suffering see shareholder is on the 13th december 2023 - perhaps paul will deliver a diamond rns for me, but i doubt it.
.. for Paul to deliver on his 4th prediction of auto contracts
I wonder how many RFQs are actually outstanding now. I can’t remember him repeating that in his last investor presentation. He certainly didn’t repeat what he said last year about 4 being for the mirror location.
Beginning to think we won’t hear those kind of statements again because they never really existed in the first place.
So looks like it’s roll on to CES for gen3 launch …. I hope it’s more successful than gen2 which I think everyone was getting excited about in the same way as everyone is getting excited about gen3.
Finally over a year ago Paul talked about a zero on the end of their market cap by dec2024 - what has he actually delivered in the last 12 months to convince the market that will actually happen?
I don’t know about McDelivery more like McBullsh*t
... with no decent contract news.
So we have had Slow September when some said it was going to be spectacular, we have had Ordinary October when some said it would be Outstanding and we have had Nothing November.
Are we ready for Dull December?
Paul has 12 days left before xmas (ex Fridays) to hit his 4th timeline in 2 years for some of those 1bn RFQ auto contracts so stop it from being Dull December
It's going to be tedious for a lot longer based on those share option targets. If the top target is 20p they can't be expecting more than that by June 2026, otherwise those targets are far to easy and no company sets easy targets, usually targets are completely unrealistic to stop employees from achieving huge bonuses.
Which then begs the question how does that stack up against the apparent number of RFQ's that Paul keeps banging on about.
If we were to land;
i) The aviation contract for the 330 planes and simulators
ii) 50% of the 2bn auto RFQ's - including the 4 mirror deals
iii) six figure volume fleet contracts due to gen3 being the best thing since sliced bread
are they saying based on all these happening they still see the share price below 20p, or are they saying all these aren't actually going to happen by June 2026?
Also what about when a zero is added to the market cap by Dec 2024, I'm guessing we can take that as being as realistic as the imminent aviation deal, which actually took more than 3 years to deliver.
Something doesn't stack up unless Paul just spouts s**t about what's actually coming. Guess we will find out by xmas as only 15 days left for a decent auto RNS
At this point I am going to predict that we get no decent auto RNS before xmas and we also don't get any sight of any decent fleet contracts when we launch gen3 either at CES - the fact that they have already said stock won't be going out the door until March24 I guess it will be at least summer before we here about any decent fleet contract
.... for a decent RNS before xmas as suggested by our wonderful Paul and Martin. Obviously, I have excluded Fridays as a decent RNS never lands on a Friday.
By decent RNS a mean one of those 4 RFQ's that PM stipulated over a year ago were purely for the mirror location (not a measly 15m starting in 2026 spread over a min of 5 years) - if the OEM's had already decided the location of the DMS via the RFQ I can't understand why a contract hasn't been announced for these yet, unless of course there aren't 4 RFQ's for the mirror location. This statement was even a full year after the "they now want more features" so we can't even say they have been delayed because of more features as this would have been taken into account.
Of course I believe there are also 6 others still to be confirmed which based on PM's comments in 2021 must be worth 2bn in value (in 2021 he stated 1bn on the table and a further 1bn will happen the following year i.e. meaning 2022/23) - Perhaps one of these will land and prove our relationship with Qualcomm or Valeo are worthwhile?
Either way if nothing appears by Xmas that will be PM's 4th prediction failure - his first in Autumn 2021 was 2-3 qtrs. Then after March 2022 came and went I believe he predicted by the end of 2022 and then when that failed I believe in early 2023 he predicted within the next 6 months. And then of course when that came and went about 2 months ago he said by the end of this calender year.
And people wonder why the SP is not moving. Failure to deliver!
Of course when PM delivers what he has been eluding to for 3 years I will give him praise, until then he is just like most CEO's and politicians - all talk and no delivery and it's looking like this will be proven again by the 24th Dec.
Only 27 working days until Xmas and at this rate PM will have failed to deliver again on his promise of auto contracts before the end of the calendar year! Would that be the 4th prediction that’s come and gone since the 1bn claim?
Before anyone tries to claim it, the dismal 15m contract with an existing OEM last week is not what he was referring to and everyone knows it.
I agree David, failure to deliver on all his talk is why the SP hasn’t moved. Simple as that.
We don't need a bid. Remember back in Feb time I think PM stated the market cap would have a zero at the end of it by Dec2024
At the beginning of Feb the market cap was 332m so I assume PM wasn't meaning it would be 340m by Dec2024 or even 440m
I assume he meant 3.32bn which means the share price should be well on the way to Seeing2020 £1 prediction and most of us will have sold out.
And remember everything PM says is true and everything Martin at SEYE says are lies!
Roll on Dec2024 I say! of course by then we should have 4-5 mirror contracts at least, massive 6 figure volume fleet orders for Gen3 and a massive contract for 330 planes
What could go wrong, I might actually sell my house and buy as many shares as our CFO with the money, live in a tent for a while, if Braverman will let me (although that technically would be a lifestyle choice), and then by a yacht with my winnings and have the life of riley like Michelle Mone (of course I would be legit though rather than a corrupt fraud)
So where are these 4-5 mirror RFQ's then? - I think that statement from Paul was nearly 12 months ago - as far as I am aware Gentex aren't there yet so why haven't they been won and announced by Magna? Surely Magna isn't going to be another damp squib like Qualcomm.
We were also told 12 months ago that OEM's were running out of time for 2024 and new models - I guess they have run out of time now so what does that mean - the legislation is not worth the paper it is written on or it's going to get delayed?
I just can't get my head around why Ive has bought so many shares now if we are just going to announce 15m contracts, if it's still 3-4 years away why buy now. That is the only thing I am clinging onto now because who knows when things will actually happen, you can't believe anything they say. Even Guardian was originally supposed to be launched by the end of FY 2023 and low and behold they won't be shifting stock until nearly the end of FY 2024!
And as the imminent aviation contract took years we won't see anything else for at least another year on that front.
They are the equivalent to the Boris Johnson fan club, completely deluded and blinkered. Paul can’t do anything wrong in their eyes.
Let me guess they are saying how wonderful this 15m contract is, but I bet when SEYE announced their smaller contract wins over the last 12 months they had a different opinion and brushed them off because of the size of them!
So Paul can claim he has announced a contract before Xmas as he said they would. Only problem is everyone thought he meant it would be one of those 4-5 contracts which are for the mirror. Unless of course there aren’t 4-5 contracts for the mirror and that is another exaggeration.
The wait goes on …. probably well into 2024
they have done it again! a few weeks ago i predicted if they did manage to announce a new contract before xmas it would probably be as low as £25m initial lifetime value.
once again they’ve managed to beat my pathetic prediction- £15m! wtf!
and only 5% growth on auto connections on last quarter - didn’t they predict something like an average of 23% growth over the next few quarters?
this just gets more painful and again nothing like the bull**** that comes out of their mouths.
sp back down to 5p within days as the market will feel deflated again with that rns
Having sold out of this share about two years ago thought I’d just see what is happening with the wonderful kdnc
Have they shipped that stock pile of iron ore yet which they were supposed to be doing by dec 19 if I remember correctly?
What about Alan Green is he still predicting massive upside on kdnc?
Has Amapa actually started producing yet?
What about Sonora have they sold that yet?
What about that other joint venture. Can’t remember the name but think it began with Y. If I remember correctly they were planning to mine everything except the bit KDNC had a stake in which they pushed out by years. Have they pushed that back further yet?
I see the rampers are still here - jimb2 and ev-bull - must be seriously under water. What about Obs has he/she run off because they have finally realised this share will never pay out to anyone except Kieran and his buddies?
Well he has got 8 weeks. I doubt anything will materialise, but if it does it will probably be in the last week before xmas, by which time the SP will be below 4p and then just rise back to 5p. God I wish I had sold when it was in double digits and accepted a 100% return instead of believing all the hype and bull about 1bn RFQ's due in the next 3 quarters, blah, blah, blah I won't make that mistake again if it ever gets there. Can't sell now before anyone says to because it will mean a loss and I'm not prepared to take a loss after 10 years of a so called sure thing.