Member Info for isb1974

Or alternatively releasing news before would allow PM to show that they actually deliver on their words (something that is still lacking) and would allow him to say if you don't act quick then you will miss out on further rises due to everything he (and his friends from Collins and Magna) are about to tell them in their meeting (which hopefully they would believe more if only the week before PM showed some delivery on previous meetings). Otherwise I'm afraid it could just look like more carrot dangling especially if he has told US investors in the past about the imminent deals, inundated with RFQ's, more fleet enterprise customers of which we haven't seen any, including Coca Cola that this board was ramping about 6 months ago due to likes on LinkedIn.

If private investors feel like there has been a lot of carrot dangling and no real delivery god knows what ii's think when they have been told things that private investors haven't i.e, Collins license deal by the end of the year, RFQ for hundreds of planes.

This must be the longest inflection point in history.

I doubt much will change on or after 8th March Maplinman unless the ii's can see some delivery.

I'll change my tune when they start announcing contracts, which they have all but promised, and the share price actually moves past 12p

So what's our fleet business turnover currently, circa £33m?
This win is just over £11m and could be upto £30m
So didn't take long for SEYE to catch us in fleet and potentially the first contract at point of manufacture. Good to see we are using our first mover advantage in these markets.
According to PM in November presentations we were the only one in RFQ's for fleet business worth 100,000 units. About time we announced a contract with one of these, or is that going to be another "imminent", "end of calendar year" moment.

So with 12 RFQs' in auto, fleet RFQ's for 6 six figure volumes, £15m aviation license deal and a RFQ for aviation for hundreds of planes I would have thought we would be getting contract announcements every month a bit like SEYE are doing.

But don't worry everyone, the market doesn't understand us, our wins are coming, I'm sure we will get our fair share, PMG is a god as is Colin and Safestocks ....

It's so obvious Lewbo is just a ramper

It's worse than the imminent moment because he actually gave a specific time period.

You could argue he still hasn't missed his "imminent" forecast but he has certainly missed his end of 2022 forecast.

I assume Martin is suggesting they are in all of them then as he has mentioned each one?

90% of cars just looking for anything - looks like SEYE will clean up then if it comes to just the basics at the cheapest price possible

But wasn't it only about a year ago that SEE announced a cheap/cost effective solution themselves that according to posters on here meant we were going to clean up from low end models all the way to premium models. Someone kept banging on about when we are in cars like the Ford Fiesta - well it looks like SEYE will be in those large volume sellers

I'm sure Paul has said more than once he doesn't need to raise money again, but then has.

"Personally I will be expecting SEE announcement of wins within the next 2 weeks." -

are you not setting yourself for disappointment?

I'd be surprised if there was one tomorrow on a Friday and there certainly won't be one during w/c 26th Dec so it really is only next week, again excluding the Friday just before xmas you are down to 4 days rather than 2 weeks.

Given the way our SP has reacted to our competitor winning this contract I think we need it next week, but I'm not holding my breath.

Spot on terrym, but I would just like to point out that the $1bn in RFQ's was first announced in Aug 21 so 16 months ago rather than 12 - I think at the same time PM also suggested there would be another $1bn in the year after ie late 2022 ie now!

I appreciate that timescales are out of SEE's control, but surely they could have just updated us with that bar chart which showed the 10 RFQ's broken down year by year (plus add in the new RFQs they have). By doing that it would confirm that the RFQ's are still to be confirmed and also it would show the monetary value moved back into later years. Why produce something like that if they are not going to update shareholders on it on a regular basis.

Contract announcements before Christmas, don't make me laugh!

And to think when I put my prediction in I got criticised by some on this board who were predicting over 50p by the end of the year. Well clearly I was too optimistic again, like the previous year where I went for 18p. Might go for 5p this year on the basis that there is going to be a global recession, the war will continue, energy bills will continue to go up and best of all PM will keep spouting s**t about RFQ's, but only deliver 1 or 2 small contract wins and there will be another issue with fleet somewhere. Who knows we may even get something out of the blue like the legislation is being delayed another 2 years to give OEM's time to adhere to it.

We will all still be sitting here this time next year arguing and waiting for RFQ's to turn into contracts, our first aviation deal and some kind of growth in fleet numbers - oh and of course an SP still below 10p and more carrot dangling from PM

Good post soulboy

As far as I am concerned he has already had another "imminent" incidence by stating 2 to 3 qtrs some 14 months ago on the 1bn RFQ's and by stating we were inundated with RFQ's in Nov20, which is now two years ago, and by stating that every win will be announced. As I said earlier it's time to deliver on these things, ie are we in Ford or not? I see he didn't use their logo on the last presentation - wtf is going on with that - Ford cars with our tech have been on the road for over 9 months - how are investors supposed to invest in the company if he doesn't tell them who is using our tech i.e. evidence rather than just stating potential.

I see he has now started talking up the potential of BDMS again and Guardian at point of manufacture - more carrot dangling - I doubt we will get any clear evidence of that for another 2 years if not longer based on how other things have gone.

10 years in this company and still only just above breakeven and yes I only have myself to blame as I have not sold out twice when it hit double figures, but why was that ... because I used to believe the BS spouted by CEO's rather than take the profit. My fault entirely, just frustrated beyond belief.

Why should anyone believe what he is saying? He said an aviation contract was imminent; he said, 14 months ago, there was 1bn in auto RFQ's that are likely in 2-3 qtrs.

He needs to stop talking and deliver results, contracts and profitability

How about when are we going to see the significant Aviation deals that Paul said were imminent back in 2019, lets be honest this company is still far from being a 3 legged stool! We announced a collaboration with L3 to deliver eye tracking back in Dec2018!

Excellent questions by the way terrym

As for 1A didn't Paul state it was another $1bn for this year? something tells me that was a bit like any forecast i.e. pie in the sky.

I think answers to 1, 1A, 2 are particularly important as they relate to things Paul has talked about in interviews and given specifics i.e. timelines, market estimates etc.. He should give an update on these. By the way the first RNS confirming our collaboration with Qualcomm was in Jan 2020, so make that 3 years in January

Question 6 is beyond me why they haven't and surely you can add BMW to that now i-drive is supposedly rolling out across all BMW's. Let's not forget the increasing roll out in GM that we don't seem to get updates on.

Question 3 also needs an answer - we are just under 2 years away from legislation, surely they should be regularly announcing new customer contracts within fleet by now, we are the only option, there is no competition!

I complete get the SP tanking due to macro economic issues, what I am getting really frustrated with is the talk from Paul that never seems to materialize! "Inundated with RFQ's in November 2020 apparently" that was another one!

Probably because people are getting fed up of waiting for significant imminent Aviation deals and 1bn auto RFQ's which 13 months ago were apparently only 6-9 months away (2-3 qrts) - and on top of that fleet installations are growing at a snails pace when you consider the amount of commercial vehicles that are on the road and in the last several years we have only really signed up one significant customer in Shell, which seems to be doing very little to the overall numbers considering the size of their fleet and their suppliers.

That doesn't make sense with Qualcomm though because they are quite happy to publish the fact that they are getting the DMS from SEE in every presentation etc.. I have seen - if they had that kind of agreement then surely Qualcomm wouldn't highlight SEE in anything they do?

Whatever it is that is stopping SEE announcing customer names, unless it changes, this SP isn't going anywhere until SEE are achieving significant revenue or profitability i.e. 2024/2025 - what's a couple more years of frustration when you have already had 10!