Member Info for isb1974

Ok up front I will say I am a long term holder and want this share to be 20p ASAP so I can become financially comfortable, however nothing is certain in life and although things look exciting at the moment you can’t really knock anything Safestocks has said in that article as it still is another possibility and all those things did happen.

Just because they were pre Paul it doesn’t mean Paul is different. From my experience of many CEO’s they are all liars just like politicians.

Until recently Safestocks was hailed as the greatest, predicting everything correctly, but all of a sudden because he is less positive everyone seems to be dismissing his opinion and criticising them.

Too many people are blinkered and are not even willing to consider that there is still a possibility things aren’t going to take off - who knows what’s really going on behind the scenes.

I’ve also read on the internet that an MOU is not always followed by a contract so why is everyone so confident it will be. Again the internet is not always right, but it could be.

Now shoot me down just because I am listening to the other side of the argument.

I’ve said it many times and the only way to stop this fundraise issue is to announce contracts with value and they still haven’t - or failing that demonstrate with regular updates how fleet installs are going and how that impacts on revenue/margins with projections for the next 12 months- until they do I won’t be as confident as many people on here are.

When are they going to announce this years forecasts? - nearly 25% of the year gone and nothing.

Today’s RNS was great but there is still an element of doubt which they need to remove once and for all.

I only hope this is followed shortly by a monetary RNS detailing the customer.

I hope you haven’t just jinxed it with that post and gone too early with the gloating :)

Absolutely, I want the SP to be at least 20p before takeover talks start

Let’s start with above 4p today

Shame it’s dropping back again, but inevitable with this share I suppose - one day an RNS will land which will mean this share doesn’t drop back and we will go on a trajectory like we did two years ago - it’s got to at some point surely

Mrcautious, perhaps if he is as rich as his profile name suggests he could pay for some grammar and spelling lessons!

Sounds like my situation is the same as yours - don’t tell Jim because he hasn’t worked it out yet, but I did post last week that I had sold some that I bought for under 10p to make a small profit on those to try and compensate for the loss on my older shares.

Amazingly by doing that it meant my average was no longer 16p but 45p. Strange that!

So like you I am willing these to get to 45p, but there always seems to be a step back around the corner with this share.

However, I’m now a true believer because iamrich has convinced me with his well written posts so I have bought some more and therefore my average is no longer 45p - are you keeping up Jim?

Wow you are stalking me!

That’s not healthy dude - let it go

Yes I assumed it was because the contract is still not signed yet, but thought I had better not say that as I would be accused of being a troll again and trying to get the price down.

Contrary to what people think I would love this to get to 45p as soon as possible so I can sell up, as after 6 years of being significantly down it will actually feel like I’ve made a profit.

Jimb2 - are you stalking me?

Nice to see you care so much about my situation but you have clearly mis-understood and I can’t be bothered nor feel the need to explain it to you.

But I do have one question, given the agreement today why isn’t the share price now 40p + as many predicted it would be? Is it because the contract is not officially signed yet or is it something else?

Agree with comments regarding no accident that this has been released today. Could be wrong, but I also believe Merc is using pillar 2 and that's why they have done this update.
Sounds very impressive, now we just need news of contracts to show this strategy is working. A couple in the next 2-3 months would be nice. Then we might actually see this share price move north and stay north instead of dropping back to under 3p all the time

Redindi - I got it from soulboys post earlier in the day. Did I misread it? I certainly didn’t check it out for accuracy.

I just assumed if they did £19m in the year then the majority must be from Auto as they don’t have fleet or aviation.

Perhaps I misunderstood- anyway I don’t really care what they are up to because all that matters is SEE winning contracts and releasing some large value RNS’s across all sectors, hopefully before Xmas :)

What’s suddenly dawned on me after all this time is what marks up their £19m!?

They don’t have fleet installs or recurring revenue and they don’t have anything in aviation.

So what car OEM’s are generating £19m for them?

What am I missing here as I didn’t think there were many cars out there with DMS in yet?

Interesting how much they are generating already in Auto compared to us though.

To be fair no one can deny that over the last 5 years, except for one occasion about two years ago when the SP rose to 12-13p, this SP has been frustrating and constantly dragged down by placing after placing. Not only that but comments from CEO’s, brokers and other people within the set up have turned about to be absolute bull***t, so I am I must admit I am losing patience.

However, you can’t deny that our customer base is great working with some large international brands across aviation, fleet and auto and some of our collaborations with Tier 1’s and companies such as Xilinx and Qualcomm are impressive.

The biggest reason that I am hanging on though is the legislation. Quite simply the market will be huge in 2-3 years time and if SEE don’t capitalise on that then it will definitely be time to bail out of this share.

But with the tie ups mentioned above how can see not get at least 30% share of a huge market. Surely that alone will see us into double figures at some point in the next 2-3 years.

For me a lot hinges on VW and Toyota- nail them or at least one and we will be fine.

It’s painful waiting, but legislation is the key and that can’t come soon enough as far as I am concerned.

I think he is messing about

Maddog I assume your posts about 14p tomorrow and 40p plus shortly are tongue in cheek then :)

Argh, good old Monitise, another one I fell for as well, I don't half pick them. Wish I'd kept to FTSE companies where I used to do quite well in gains and dividends - turning to penny shares was my downfall.

AIM and penny shares are certainly teaching me a lesson though and that is never to believe what the CEO's come out with. If I do get to any kind of breakeven here, I will certainly sell and put the money back into the FTSE.

Not buying another AIM company again, it's like putting your money on red or black.

Likewise Barksy - I hope people don’t fall for yours

Jimb2 - you are so wrong about me and this share.

Are you a ramper with obs? I notice you two are together on another share as well!

Barksy - are you paid by the board to post positive comments on here? I can’t see how for someone who had been in this share so long can remain positive.

Surprise surprise all the rampers have disappeared no doubt sold up, hence the massive drop.

Bet those who bought at the 12p placing are well chuffed.

Sold my 9p shares I bought in June when apparently this was all going to be sorted - Pity I didn’t sell this time last week as the small profit I made has no where near covered my losses from the days when you were ramping Sonora and Tesla!

Barksy - you are deluded - it’s never going to happen

Barksy - why continue to buy into something that has continually gone down over 6 years

I’ve done my last buying in this share and I’ll be out if it ever reaches my breakeven again which is unlikely in the next few months