Member Info for isb1974

Yes sorry Baxter you are right. After 3 failed predictions from Paul (the latest expiring around now as in March he predicted 3-6 months) it could happen soon. After all if you keep predicting the same thing over and over again at some point you could be correct (with the exception of seeing2020’s prediction of a £1 share price of course)

So perhaps I was a bit harsh - the other option is that the SP drifts back down and then towards the end of Sept we announce a contract or two with a minimum contract value of £50m starting in over 12 months time (you know the kind I mean) and the SP recovers back up to 6p

Anyway enough of the sarcasm that’s just me venting my frustration at the speed of delivery and Paul’s comments.

I am in full agreement with others on here regarding Martin - based on the quality of his presentations and interviews why would any OEM select SEYE as their DMS supplier - if they do then that car OEM deserves to fail if it’s picking suppliers like that.

So with legislation and Martin’s crapness on our side, SEE shouldn’t fail.

Whether that translates into a decent SP on the AIM Wild West is anyone’s guess.

Or more likely by the end of sept we could be back at 5p with no contract RNSs in auto and aviation and nothing on Gen3

Someone posted the stifel update which had it in. It’s on here somewhere

so with stifel leaking out that g3 won’t be launched until the second half of fy 2024 that’s june24 until we see that.

also pm for the 4th time putting his kiss of death on these 1bn auto rfqs by predicting them in the next qtr, which means we won’t see them until the new year.

and aviation being .. well .. aviation … not even the brokers can be bothered with it, my prediction is a spike of 6p and end of year 5.8p to round of another great year for pms back pocket, but **** for most shareholders.

‘He said on a 2 year outlook from then there should be no reason not to have a 0 on the end on the mcap.’

So when he said that if the market cap was 265m then he is implying it would be 2.65billion in the 2 years, or are you suggesting he meant it could be 270m which has a zero at the end of it? Let’s be honest he meant 10 times the market cap.

So assuming the number of shares doesn’t change in that 2 year period what should the SP be if the market cap has increased by 10 times?

If I remember correctly the SP was about 7p when he made that statement.

If you could enlighten me please Lewbo because clearly you are more intelligent than anyone else on this forum.

Thanks

What did he say then Lewbo?

Was it something like the market cap would have a zero on the end of it? So he was saying the market cap would be ten times higher?

Almost 5 months gone of PMG's 3rd prediction of 5-6 months - looks like he is going to get it wrong again.

Can't wait to see what c**p he comes out with in the trading update.

Where's the RNS that we are going to be in every BMW?

As this would have a material impact on the business don't they have to announce this? or are we still saying NDA's are stopping them from doing this?

Surely we can't be stating this as a fact because Colin has said he thinks that we are in every BMW?

People on here have been wetting themselves for years over Shell, Waymo, Geotab, Mobileye, Qualcomm, Eroad, Omnivision and all the others that I can't remember off the top of my head. On top of that people have been linking us with all kinds of companies, Google, Apple, Coca Cola etc..

Other than Magna with the VW contract name me another that has delivered anything of note!

Until we see Gen3, a contract for fleet worth 100,000 units, large fleet enterprise company contracts, BDMS contracts, 3-4 more large OEM contracts, 1-2 Aviation large contracts this SP is going no where. PM has implied all of these over the last 4-5 years - it's about time he bloody delivered because at this moment in time it just looks like he hasn't got a clue about the market.

Everything on here is pointless, the only thing that matters is for PM to start delivering on some of his talk

And because stated timelines come and go, so I doubt many II's actually believe PMG anymore. I certainly don't, I've put this in the bottom draw until 2026 because clearly the first legislation date is not driving OEM's to make their decisions. What's happened to the US legislation? - that seems to have gone quiet.

I mean fancy saying 2 years ago that circa 10 RFQ's will be decided within 2-3 quarters, it was either complete BS or PMG doesn't understand the market. I can't believe the OEM's would have said 2-3 quarters and then delayed things by another 15-18 months.

Clearly the aviation contracts were never imminent and as for the BDMS volume contracts, fleet enterprise companies that were muted years ago and even the six figure volume fleet contract RFQ which no one else is on - absolutely nothing.

They've even stopped banging on about the first inflection point, apparently that has been and gone, the SP obviously missed that memo. We are now onto awaiting inflection point 2.

And after all this the company's fleet installs and turnover are still pitiful and profitability no doubt has been pushed out even further due to all the new recruits, which we keeping hearing about via the drivel on their social platforms!

They are as bad as the Tories with all their failed promises over the last 13 years.

4 months into PM's latest 3-6 mths forecast for auto contract awards. No wonder no one wants to buy because once again he is failing to deliver.

Clearly this legislation is not worrying OEM's as it is now less than 12 months away for new models and in reality less than that because if you were launching a new model next spring why would you not want to include DMS in those models if the legislation means that only 2 years later you would have to integrate it into those models anyway. That's crazy, surely no car manufacturer wants to have to mess around upgrading cars they only launched 2 years ago?

So I am beginning to think we have a lot longer to wait for 10p+ than people think. Of course PM is never going to come out and say our jam tomorrow is now back to 2026 or beyond so he just keeps making stupid predictions around contracts whether it's for OEM's or 100,000 fleet orders or aviation. I must admit though his best was his 10x market cap by Dec 2024. This is all just bullsh*t to keep suckers like us and II's hanging on.

Oh that's easy - I would suggest the source is PM himself

He has failed to hit any other timeline he has stipulated so it's pretty clear this one will be missed as well by a few months hence Dec23 is a safe bet I reckon!

Why do people think that gen 3 is going to be launched with big orders? Have I missed something or is it just wishful thinking on this and other boards which has just made others believe it and therefore the wishful thinking has just morphed into definite orders at launch?

Spot on Phil01 - this bunch of jokers miss every timeline.

Only 2 months to go and the latest timeline (3-6 months stated in the last presentation in Mar) for auto RFQ's will be missed and lets not forget these were the RFQ's that nearly 2 years ago PM stated 6-9 months.

I expect Gen 3 to be later than his last prediction in fact I wouldn't be surprised if we don't see it until 2024.

Heaven knows when the aviation RFQ or fleet RFQ's will land.

Clearly, II's want evidence that these contracts are actually going to happen and I don't blame them given all the timelines that come and go.

And everyone will still be doing the usual if, buts, maybes and hopes this time next year when the SP is still languishing below 10p and PM will be avoiding the fact that he predicted 70p by the end of 2024

Completely agree, getting so fed up of this share, the only thing keeping me going is that the legislation is getting closer and I would like to think we are going to have to announce some wins in auto/fleet in the next 12 months because of this.

With auto we are now 3 months into Paul's latest prediction of 3-6 mths - at some point - like aviation - these deals will happen (either with us or someone else). I just wish they would stop with the predictions because they are so far out it's embarrassing and they just fuel the frustration even more. Why would II's invest when there is no delivery following the claims in presentations/interviews from years ago and the company is still loss making.

With Guardian I would imagine we will launch gen 3 by 2024 - if this slips further then that's worse than the auto predictions as this is mainly within their control. I'm hopeful that the 6 figure RFQ's Paul talked about in fleet during 2022 are reliant on gen 3 - if they don't materialise shortly after gen3 is launched then you have got to start asking some serious questions about fleet given the snail pace in uptake and the upcoming legislation.

On aviation, they talked about starting work on gen1 in July with Collins, that makes me think that the aircraft RFQ is just being finalised and that's expected in June and that is what they will be basing gen1 on.

I'm still trying to see how Paul thinks the company is going to be valued 10x higher by xmas 24 - he said that when the share price was around 7p I think, nearly 4 months ago - he either knows what contracts they are going to be announcing soon or it's another case of absolute BS. There are going to have to be a steady stream of contracts announced to get this to 70p!

I want to retire in 3 years time, preferably sooner, so get on with it SEE!

There's a surprise!

Phil01 - that posts deserves more than just a thumbs up. Absolutely spot on!
SEE where are all these contracts you have been alluding to for years now!

I wonder whether we will get an auto RNS contract before the 2 year anniversary of when Paul announced 1bn RFQ's across 10 OEM's that were due to be decided within 6-9 months? Whatever happened to that chart, I'm surprised they haven't given an update on it ....

Or will we get an aviation contract before the 4 year anniversary of the "imminent" deal or the 1 year anniversary of the "end of the calendar year" deal?

Or will we get a fleet contract before the 1 year anniversary of the announcement of the six figure fleet contract that we are the only ones quoting for?

Not to worry though because apparently we now have 4 RFQ's that are purely for the mirror location - so we should get all those within the next 3-6 months according to Paul, although there was a heavy caveat in that so we will probably see the 1 year anniversary of that as well.