Member Info for isb1974

So we keep being told about this $395m order bank that is all due by the end of 2028.

Just interested to know what makes that up

We have been told the EU market is circa 15m vehicles and we will have over 50% market share, so roughly 8m cars.

At

I think you will find his 35% share prediction is for 2030 and not now if you look at the charts they have presented

I.e. he is predicting more competition and as more regions perhaps legislate they won't maintain the 50% market share

I actually agree with him on this as there is no way they will maintain 50% market share

Chutz - have you got a valid counter argument to the fleet pathetic performance or are you just going to throw insults around?

Dreammachine - that presentation says it all.

When presenting FY2023 results Ive forecast 45,000 fleet sales for 2026 and was talking about the legislation driving a lot of that.

They are going to be miles away from this which is yet another failure.

PM, any news on the 20+ trials - did those trials ever exist?

What is the

Didn't PM admit to losing BMW in a recent interview?

Isn't BMW cipia now?

Nvidia - how is that going to impact SEE?

Have SEE ever announced we are working with them?

EuroNCAP - all auto contracts sorted for the legislation coming in July and therefore EuroNCAP won't affect anything short/medium term

As has been the case for several years now PM just needs to deliver contracts and not just 1 or 2

As a previous poster said earlier today we should be getting Gen3 contracts announced frequently - at least 1 a month.

Gen3 is a disaster, aviation none existent and auto post July26 has been delayed indefinitely

And we have to find some money to pay Magna - what an exclusive agreement that was

...where are the EU fleet deals?

Even with legislation and very little competition SEE still can't sell the product in the EU

There is no decent solution to repaying a loan

The Japan deal will be delayed and we won't hear from that within the next 6 months

As for the fleet deal before Xmas that will go the same way as Shell has ie you won't hear about it again

Hardly exciting times when there is complete silence from the company and a further war has started which will impact SEE one way or another

Come back in 12 months time and we may have reached 5p!

10% and still going!

Perhaps there is also a leak about how they are going to pay off the magna loan

Two months gone and still no new fleet contracts

In October PM said there were 2 large contracts at final commercial stages - one US and one EU

To date we have had 1 announced for a whopping 1,100 units

No updates still on the 20+ trials including the 6 week trial from last summer which was apparently for 18,000 vehicles

Gen 3 has been an absolute disaster to date, even worse than gen 2

Still waiting on news of the EU addressable market of 330,000 vehicles per annum that from July will need to have DMS

No wonder peel hunt can only muster up increasing their target SP to 4p and don't those targets predict for 12 months ahead?

Also interesting that after two years since we signed a contract with Collins and suggesting a red label and blue label would follow shortly after that contract we find out that Collins have postponed the project and won't be picking it up until late summer 26 .. which means 2027 in reality - I wonder why PM hasn't mentioned that before.

Anyway back to Peel Hunt - the other day I got slated for suggesting below 5p at Xmas yet when Peel Hunt states 4p Maps celebrates it.

With auto RFQs now off the table until who knows when, if ever, what news have we got to look forward to? Just the quarterly kpi's? Or no wait ...

The share dilution to pay off the magna loan, of course how could I forgot that bit of good news on the horizon

How long have they been talking about this, must be over 5 years , will not happen for another 5 whilst musk and trump are around

Oh and by the way the 20p was before the disastrous H1 update, which clearly changed my mind

The share dilution of 1.5p is yet to come when they announce how they are paying the magna loan

And I have until Xmas2026 for the 5p

How's your £1 by 2020 prediction coming along?

Not me making up numbers

Just taking the number from a rampers post on the 6th Jan

Check it out - you will find it at safestocks.co.uk

And as for my SP predictions I wouldn't even go there Seeing2020 - your end of year predictions over the years on here and the Telegram group have been laughable and that's not even including your famous £1

And as for your response to me in 2022 after my prediction of not seeing double figures again for some time because of start of the ukraine-russia war has got to be the worst prediction ever - just to remind you your response was you expected double digits within 2 weeks - 4 years and counting and we still haven't seen double digits

Once again like all rampers you fail to challenge any of my points on the company performance and presentations and just focus on my share prediction.

I'll save your message and remind you of it in dec26 when the share price is still below 5p.

This business is not going to meet stifels $93m expectation for this year and as I have said in other posts it is going to take until this time next year before they can start announcing a profitable H1 FY2027

so what is going to make the SP rise during 2026? Aviation and RFQs delayed and EU fleet business driven by legislation is none existent with 5 months to go

I must be remembering something different

6 months ago Ive said we would be doing 2m auto a quarter in the period apr-jun26 leading up to the regulations as the supply chain means these vehicles will be sold after July26 and therefore need to comply

This presentation now states that QTR will only be 1.75m and 2m won't be hit until July-sep26 QTR and that's only just. So it's highly likely they will miss that 2m in the KPIs announced in nov26

So things moving back on kpi's as well as RFQs and Aviation from everything they have said in previous presentations and updates. Will they ever over deliver or just keep on under delivering?

Not much on fleet in Europe in that deck - who is supplying the 300k per annum demand from July26 for tucks, vans and buses?

Interesting Qualcomm doesn't even get one mention - good to see that partnership delivered - I remember the rampers at that time were hailing Qualcomm as the rocket fuel for this share, then the same for Magna and Mitsu. Still waiting on all of them.

Nothing much happening here for another 12 months at least, below 5p at Xmas26 is almost guaranteed

Stifel - 6th Jan 2026

In his note McNally forecasts revenues of US$93.7m and adjusted pre-tax profits of US$8.6m for the current financial year, ending 30th June 2026.

"Colin Barnden is just a cheer leader for the company. He isn't a financial analyst, but a very poor technical analyst focused on auto only.

He offers no views or opinions on commercial vehicle applications. Ie Guardian.

For a DMS analyst he is terrible. It's his job to know which oem's have chosen which DMS and the overall merits of each and every system. He should be able to list which dms is in every car model by now. If he can't then what is he analysing?Just Seeing Machines. That's just a biased view and worthless. What is he offering interested parties that pay for his research?

Where is his research on Guardian and commercial vehicle applications? Why can't he tell us why the King of DMS can't win contracts for Guardian which is essentially the same tech being chosen by some auto oem's?

Safestocks is exactly the same. He claims he has his ear to the ground and even wrote an article about dms in trucks, but still can't explain why we can't sell Guardian to the big 7 truck oem's.

McGlone is a serial failure and liar. They should be selling 6K Guardian in the last quarter and 750K vehicles for breakeven. They didn't and they won't sell 6K Guardian in this quarter too. From July they may hit 1.6 million vehicles in Europe, but they won't be selling 400K units in the RoW.

A placing is coming no matter how they deal with Magna."

I see no one has come back and explained how they are going to get to $93m by the end of the year?

So how about this one. Ive has told us that we will be doing 2m auto every QTR by aug kpi's

If you look at Colin's post yesterday regarding EU car registrations in 2025 I think the best QTR was circa 2.6m cars some qtrs were considerably lower than that.

So assuming we have 50% share which Colin keeps alluding to that's 1.3m a QTR at best from the EU legislation

That means we need 700k a QTR from US and China

Again I have my doubts.

According to experts on here I have no shares so how can I sell?

Also unlike the experts on here who seem to think people on here (like me apparently) can influence others to sell I won't be taking your advice thanks.

Why would I sell when the SP saw a good recovery today :)

This little gem in the RNS is interesting

As far as I am aware the market expectation is $93m for FY2026

From $23m to $93m in 6 months?!

I'm calling it today - that will never happen

3.5 million added to the KPIs over the next 2 qtrs is only $31m - there is no way fleet is doing the remaining $39m from 6,000 per QTR.

August update will also disappoint as it won't be in line with market expectations

Maps, CEOs like McBullsh*t love shareholders like you!

Still believing there will be large orders for fleet, but above all else you have moved onto the next shiny thing (3D and robotics) just like they want you to to cover up the poor performance of the first big shiny things (first mover advantage in fleet and auto mirror location)

In 3-4 years time when 3D and robotics haven't delivered you will lap up the next big shiny thing they are telling you about

And on that note I will say goodbye because no doubt you will filter me.

Keep up with your research because it's really paying off for you so far