Member Info for isb1974

And there is AIM logic for you - announce a new agreement and the SP drops on that day and then the day after drops another 5%

You would have thought that getting a new deal/agreement is a bad thing

Nookie

This is like google mapping a few bits of equipment getting moved in Sonora all over again.

Absolutely spot on! :)

Baronhardup - we did get an RNS on 25th Oct 2017 announcing the collaboration with emirates but we are still awaiting news on a contract with monetary value which relates to this.

Around this time last year Paul used the words imminent in relation to aviation deals and Cenkos referenced two likely deals with L3 and CAE in one of their reports.

L3 have since announced deals for their Flight simulators.

It is clearly happening - looks like we will find out the true value once the first flight simulator is operational with our tech in it, in a similar way to when a car is actually on the road with our tech

So why use the words “to develop” instead of “have developed”?

And “expanding their offering” rather than “have expanded their offer”

I hope you are right, if you are then to me it’s another example of SEE not being bullish enough to promote the company and increase the SP

Ok I’ve just re-read a tweet from SEE today which is obviously highlighting yesterday’s RNS - I must admit I misread yesterday’s RNS and only realised when I read the tweet for a second time “seeing machines to develop all occupant monitoring system”

To develop? I thought the RNS said they had developed, but I realise now it says to be available in 2023

With what money? Another fund raise? Surely they wouldn’t do it to us again at 4p or less?

Lewbo - working in marketing I spend a lot of time analysing what the competition are doing, whether it’s financially, product launches, marketing promotions, communications, monitoring social platforms - don’t think there is anything wrong with that and discussing it.

Of course working in marketing I’m also keen on promoting the business and products perhaps even embellishing the truth a little sometimes.

I was about to say I would like SEE to do more of that to investors but I suppose with their 6 RFQ’s decisions by jun18, forecast of £80m and imminent aviation deals they have been doing that already :)

Like with marketing it can’t just be bulls-*t though it needs to be about delivery and ROI

Time for SEE to do that now ie the bottom line - they’ve been saying that for a couple of years now as well :)

Well 12 OEMs clearly disagree.

Anyway you won’t believe how much I want a stonking RNS tomorrow to send us well above 7p so you can all turn around to me and say I told you there was nothing to worry about and our SP is performing better than SEYE’s

A contract for the MOU worth £10-15m per annum would do nicely.

Red - they are compared because at the end of the day they are competitors, both offer DMS whether one is far superior than the other doesn’t mean they won’t be compared. They are in the same market, well auto anyway.

Lewbo - you know as well as I do I could pick many time periods over the last 2-3 years where SEYE SP has outperformed SEE.
Even this year they dropped like a stone due to Covid, but they are now well passed their pre covid level of 110 SEK. SEE haven't even got back to it's Jan20 SP of 5p let alone grown it by 55%

Red finds it amazing that people are getting frustrated and comparing with SEYE, I find it amazing that people just ignore SEYE and dismiss little wins when in actual fact it has made their shareholders more money than SEE, as we haven't announced any OEM wins or extentions for months, not even GM. Why not? People seem to be willing to wait an eternity to actually make some money.

Red, weren't you constantly telling people not to worry because we will know about the 6 RFQ's by Jun18 that SEE kept talking about. Exactly at what point do people start to ask questions about the poor performance of the SP. Remember their bonus targets only had the price at 6p this June and around 8p next June. Why? Targets are supposed to be stretching! If they think 8p is stretching with everything that is supposedly in the pipeline then I'm worried. And yes those targets were only announced around this time last year so they would have known about Qualcomm and potential aviation deals at that point in time.

SEYE share price

Dec16 - 54 SEK
Today - 170 SEK
Growth - 214%

Jun18 - 32 SEK
Today - 170 SEK
Growth 431%

SEE share price

Dec13 - 9p
Today - 4.4p
Growth - -52%

Dec16 - 4.12p
Today - 4.4p
Growth - 6%

Jun18 - 12.4p
Today - 4.4p
Growth - -65%

Yes I know just a few points in time but I can safely say I wish I had invested in SEYE and not SEE - yes that might change in the future, but at this point in time, which is all I am bothered about I would be retired by now and enjoying life had I put my money in the so called second best in DMS.

Who cares if they are the second best, who cares if their technology is inferior, who cares if they are only in auto and not fleet and aviation, who cares if Semicast thinks SEE are better, who cares if they don't have patents, who cares how good the research is on this board, who cares what the potential is (I might never see that potential), the fact is they have made better returns for their shareholders over the last 4 years. It isn't that complicated is it!

It's time SEE started to think about its shareholders.

I just hope they have some stonking RNS's in the next 6 months that puts this into the 20's, 30's or 40's and then I'm sure I will forgive them for tying my money up for so long with nothing to show for it. Yes I know I could have sold at any point, but why would you when things are always imminent.

Sorry I forgot the classic “take this as another buying opportunity”!

Sgreen - agreed - I’m getting a bit tired of the “I’m happy“ or “it will come soon“

As far as I am concerned I’m here to make money and until that happens I’m not happy and I would rather that happen before I die, which of course could be tomorrow for all I know!

I don’t get people who are happy to wait another 3 years. If SEE can announce news to move the SP up, which should be one of their main objectives, then they should get on and do it, ie GM models

So who are the 12 OEM’s SEYE have?

I must admit I’m getting more frustrated that SEE aren’t shouting more, it makes me think they have no customer wins to shout about and if I’m thinking that then new investors certainly will be.

As someone else has said just by announcing two more models their share price is up 7%

Why haven’t we announced the GM models - wtf is going on?!

Firstly, how do you know that news is due this month and how do you know it will be positive news?

Secondly, yesterday’s RNS will not impact us for 7 years unless they decide to move our JV forward in their plans - that’s why we are down and that’s why it is quiet - it was just another spike which ultimately results in a significant drop the next day

Although it’s a great rise, all I find myself doing is thinking why didn’t I buy in after the large drop in the markets because of covid.

Buying around 20p could have dropped my average to around 35p and I would be massively up - instead I’m still 35% down.

I just hope this keeps going for another 6 mths and then I might be able to get out after 5 years of paper losses.

Alright shallwe chill out - it wasn't BS it was a mistake which I have owned up to and explained!

Amapa is our only hope in the short term. Even EMH is years away and by then we will have sold more off and have a small holding which will be negligible.

I think it’s about time Kiran gave an update on Amapa and I would rather that be 20% ownership than shipping ore.

Then followed the next day by the scoping study which must be complete by now, but I assume they aren’t going to release that until they own 20%

And at the moment that JV isn’t coming into play for another 7 years!

Oldfool 64m SEK to 174m SEK is 5m to 15m so yes 200% growth looks better than a 10m growth from 38m, but turnover numbers still way lower than SEE.

Remember though a few years ago we forecast £80m so it’s ultimately down to delivery and there is no guarantee SEYE will do that.

However I do also hope growth forecasts are a lot higher on the 30th as if SEYE are going to grow that much just from auto then we should be growing massively more from auto, fleet and aviation.

I’m all for being more optimistic with forecasts but then actually delivering on them.

Just glanced at a chart on google, but on a second look it’s in euros and looks like it’s on the french exchange so clearly I’m not looking at the right thing and the price is still around 159 - my bad