Member Info for isb1974

They aren't going to - they started with a 4 and so did the KPIs a couple of updates ago - so not much growth in reality.

The market is waiting for them to deliver breakeven, 700,000 kpi's by the end of the year and 2m a QTR next year along with growth in Gen3

Of course SEE could help by doing things like update on the Magna exclusivity as it has lapsed

Announce some wins from OEMs and those 20 trials which seems to go up but never turn into contracts including the one with Mitsu which was a 6 week trial - wasn't that 6 weeks ago now?

I hate to say it but we will be below 3p until the end of the year unless they announce some contracts between now and then and well we know their track record of releasing contracts over the last 2 years

... But for once can SEE please deliver on it.

Agree with seeing2020 last two points - sounds great 20 trials and in the top 3 OEMs in Europe, but those trials need to convert into sales to show all other potential customers who they should be going with.

Good to hear they have done the cost savings its now about delivering that growth.

If oct-dec kpi's are going to be around 750k - then jan-mar need to be well above 1m with July26 looming.

Please know more hiccups - I think in the back of my mind I've always realised it would be 2026 when the regs come in, but I think all the rhetoric over the last 5 years has made me think it could have been sooner which has led to my annoyance in the SP performance.

If they deliver what has been said in this interview and the growth continues into 2026 with new contracts in both fleet and OEM it could finally be our time.

If all this is delivered the SP should surely be up to 20p and then someone can buy us for 30p+ for all I care and then I will be more than happy to praise PM even though he has made me wait longer than he has continually implied.

Roll on spring 2026!

on track with what?

oem cars on the road at 100% year on year growth?

cash breakeven that's already been pushed back from june 25?

on track with contract wins which have been implied multiple times over the last 2-3 years?

on track with the aviation development and the rfq for 330 planes + sims?

on track with gen3 sales which was supposed to fully launch in january 2024?

on track with 6-7 gen3 contracts that have been trialling the product since the first one got ****logation in early 2024?

not heard anything about ****logation since? was that just an excuse for the delays

on track with 4-5 oem contract wins for the mirror?

on track with the market cap having a zero on the end of it?

on track with the 50,000 truck sales one of them blurred out on tv over 12 months ago?

what it will take is delivery of some of these and delivery on ives oem 2m a qtr kpis - until then the market won't believe they can deliver and why would you after the list above which isn't even exhaustive if i were to think hard enough.

over promise under deliver jam tomorrow company at present - they need to change that to turn the sp around.

About 4 weeks ago I predicted;

No decent news before the kpi's - tick

The share price would still be under 3p by the time of the kpi's - tick

And the kpi's wouldn't be significant as PM suggested - tick

Auto kpi's started with a 4 as they did in Qtr1 so that isn't significant to me, especially with 2 new OEMs coming on stream and the apparent ramp up from existing OEMs

What happened to the 100% growth year on year - no mention of that this time - I wonder why!

Guardian 3 is a joke, who cares about the ramp up in production - where are the sales?, where are the 6-7 fleet contracts who have been trialling the product for over a year now?

5 months away from end of calendar year and they are still spouting it's their goal to hit cash breakeven - surely it's getting to the point where they know if they are going to do it or not by now.

I can see cash breakeven being pushed back another 6 months.

Where are the contracts PM which you stated would be coming in early 2025?

SP will still be less than 4p when the next set of kpi's are announced.

The wait continues in the year of the DMS!

Yes and most of that increase for the foreseeable future will be used to pay back Magna

As for new designs wins starting 2027 - that boils down to whether you believe what the company says - their track record for predictions has been sh*t so I don't anymore.

And yes if I was in profit I would be selling.

Good ramp Horza, but like all the other rampers who have come and gone to the telegram group you will be wrong.

This has got at least another 12 months before anything changes and maybe more depending on how much we have to give Magna

Gen3 is a joke as is aviation. If OEMs are all sorted for 2026 as PM has stated several times then we have years to wait for these next RFQs to appear as there is no pressure on the OEM's to conclude them.

Let's be honest there doesn't even appear to be a rush to be ready for July 26!

This isn't going to play out how anyone was hoping for.

I'm hoping we breakeven as planned, the kpi's sky rocket because of the EU legislation coming in July26 and Gen3 actually wins some decent size contracts in the next 12 months.

Hopefully this will get the SP to double figures by Ju)y26 and then someone buys SEE

My guess is that will almost be the peak for SEE - if no one buys us at that point the SP no doubt will start to drift as Mobileye start announcing multiple wins.

Mobileye are in so many OEMs already so why would they want to introduce another supplier in the long run when they can get DMS/OMS from Mobileye as well.

This is a game changer. I bet Mobileye announce a large OEM win before we announce another OEM.

Not only will they stop us winning new business but they stand more chance than SEYE and the others of stealing our existing business

I think we are now looking at a buy out of less than 15p

I imagine PM will drop our share predictions in the future to 20%

Breakeven may happen on schedule but long term profitability will be affected by Mobileye

Major competitor then given their strength in external cameras.

We will lose more contracts to them than we will to anyone else

..another week gone with no contract news and the SP struggling to get back above 3p

Roughly 3 weeks to go before the significant KPIs!

If Paul's significant is anything like his imminent then we are in trouble

PM should be focussed on numbers as well but he is the one who has over promised constantly.

Remember when the share price was at around 7p in 2022 and he said by Xmas 2024 he expected the market cap to have a zero on the end of it!

Just because Ive said it this time doesn't mean he isn't flowering it up just like PM has for years.

Whatever happens the next 6-9 months is going to say a lot. They either hit figures around 2m a QTR where everyone will be happy or many more people will be exiting as what else will drive the adoption of this tech if the EU legislation doesn't.

If it doesn't happen over the next 9 months then we are talking years as no other continent is mandating it.

I believe this is the last chance saloon for PM.

Robrennie - where have you been for the last 10 years - they have been doing exactly that - overpromising and over claiming

Why do you think the SP is below 3p - the market doesn't believe anything they say anymore.

The only way out of this is for them to announce some contracts and large kpi's and they have been promising those for years now.

Well after predicting 2024 was the year of the DMS and then predicting 2025 was, I see in his latest linkedin post Colin has now moved it out another 12 months.

I'm glad I've never paid a penny for his inch wide mile deep analysis (or whatever corny line he came out with)

I suppose if he keeps predicting it every year he might be right at some point

Perhaps it's because they already have another 4-5 RFQs in the bag so they don't need the exclusivity anymore and our RNS's are 'imminent'

At the moment they are no different to Qualcomm, Magna and the countless other collaborations which haven't delivered anything like PM suggested.

Yes Magna will deliver good volumes through VW but clearly that is not enough to get the SP moving

Perhaps the 4-5 mirror RFQs might have done, but did they ever really exist?

18,000 fleet vehicles is nothing when the EU market has over 1 million vans produced each year and hundreds of thousands of trucks.

The market will get excited when they announce a large fleet deal - you know something like the six figure RFQ we had where we were the only ones on the RFQ - whatever happened to that I wonder

People relying on the words that come out of PMs mouth again - how many more times does he have to be wrong before people stop believing him.

Can you imagine where the share price would be if some of his predictions had come true.

So what's significant for the kpi's? 500k or 600k

Anything less than 500k is not significant in my eyes

Why would you want a takeover now - it would be for less than 8p

What we need are some contracts, those 'imminent' ones, or those 4-5 mirror ones or those 7-8 fleet trials, or some of those that make up the 2bn market, or the 6 figure fleet one, or the 339 aviation one.....

Just 1 or 2 significant ones to get the price back up to 10p and then a takeover closer to 20p

I would also rather be at cash breakeven before a takeover because again it would mean a higher buyout price

Challenger, have you ever took a step back and wondered why I'm repetitive?

Is it because SEE have failed to deliver for years on PMs rhetoric?

Imagine if SEE actually delivered the stuff they have talked about - I wouldn't be able to be repetitive would I!

So after a week of yet more collaborations and trials and more rhetoric from PM about significant increase in KPIs - when will this company actually deliver some worthwhile news on contracts in fleet and auto? (aviation is clearly never going to happen in my lifetime - not even the 330 plane RFQ from the Italian job)

Unfortunately I forsee another 4 weeks of silence whilst the SP drops below 3p again and then KPIs aren't as significant as PM has suggested.