Member Info for isb1974

Ok, I need something explaining to me. I get Level 3 still needs some kind of tech to ensure the driver can take over when needs be, so there is still a place for SEE, but couldn't articles like this confuse potential new shareholders of SEE. Most of SEE's communication talks about tracking eyes and if the driver looks away for more than a certain period of time the tech brings their focus back through lights, seat vibration etc.. An article such as this, that talks about eyes off, surely contradicts what SEE promotes, as eyes off will just keep triggering the SEE DMS if they look away for too long. Will some people logically conclude that SEE's tech is therefore already redundant then? I get there is all the future occupant monitoring, human factors stuff which SEE could be involved in ie. what part of the radio are you looking at to change the station or volume etc.. but they are not really pushing this at the moment so I was just wondering whether these articles are actually that positive for us. Don't get me wrong I still hope this company succeeds massively and I did finally manage to buy some more in the end today, but it doesn't stop me from worrying (which means I definitely have got too much in this share!)

Just tried to buy but wouldn't let me - oh well perhaps it's a sign to tell me i have enough already

Well as long as the takeover is over 20p I don't mind, but at the current price we would be lucky to see more than 10p so the share price needs to get a move on

I'm guessing it's nothing more than a way of trying to get more II's on board and trying to spread the word about SEE. Therefore, I think Oct will be very quite with the share price falling back to 4p. Then fingers crossed some more II's will buy in mid Nov after the capital market day and then a flurry of RNS's to move the share price up so that those new investors can feel they have made the right decision. Aviation news will be one of those RNS's towards end of Nov and perhaps another fleet deal, an auto RNS - gut feel is licensing deal will fall into next year if one does actually materialise that is.

Yep I’m sitting hear wondering whether I should buy more even doing the calcs on what that would mean for my average

I keep coming back to it but why have an established team in Japan if you are not certain of winning any business there. The office was set up years ago and the established team was mentioned on the automotive slide again today. Surely that’s a sign that we have some business in Japan but have not been allowed to say so yet?

Doesn’t it say that on the first fleet slide as well?

Anyway, finally got to watch the video and feel so much more confident that over the next 12 months if they deliver what they are hinting at then this will be multiples of 4p!

The day that the aviation deal gets announced that takes an equity raise off the table forever is one I am looking forward to.

Still not convinced on the £3 yet though ??

Only 3 RFQ’s outstanding! That’s a lot less than what has been quoted before, so we have either won some that haven’t been announced or lost some that haven’t been announced yet. At one point I thought it was 5 by June19 and then a further 3 by the end of the year (or was it 8 - i can’t remember)

How about an update on how many auto RFQ decisions we are still waiting on and of that number how many are with new customers as opposed to extensions with existing customers. Hopefully this will be answered on Monday but just in case it isn't. There is no point asking for timescales on when these are expected because clearly that will just cause frustration if the date is missed again.

Yes I’d be happy with 20p - 300p will never happen

Hi Seeing2020 - I still remember that line, but unfortunately the business doesn't always do what it says it's going to - i.e. rail contract, imminent aviation news, auto contracts due by June (yes I know that is not in their control but it's still another example of positive news that comes to nothing, which is not liked by the market). They also use the word "expects" in that sentence and not "will" - so likely to happen but not definitely. I so hope you are right on all your predictions fleet and auto but I'm beginning to think we are stuck here at 4p for many more months yet unless the whole breakeven/further fund raise issue is sorted or they do actually deliver something they have talked about i.e. contracts! Think you might need to change your name to Seeing2022 :)

Interview on Audioboom Kiran states twice that the total is £168m of which £60m will come from the stockpile, the rest will be financed by debt

Completely agree, last share I had that did a consolidation went down from the consolidation price of £1.50 and has sat at 89p for the last 18 months. If this consolidates to around 9p I think we will see 5p very quickly and for many years after that unless by some miracle something positive actually happens like we sell a JV or we actually do ship some iron ore in the final Qtr of this year, which I very much doubt it as this is just another San Luis as far as I am concerned ... another big let down.

Mrcautious, it depends what you class as long, my first buy was over 5 years ago at 1p and I’ve just suffered in silence reading the board virtually everyday.

I’ve bought throughout those years bringing my average down as the share price has dropped thinking it can’t go much lower and believing all the hype around new possibilities such as Argentina but I’m still heavily down.

I now wish I’d got out a couple of months ago when it soared up to the dizzy heights of 0.48 but again fell for the hype and thought it would go higher but then within a couple of days it was back where it had started.

Just sitting here waiting for that next spike and hopefully it will be later this year when they claim we are going to sell loads of iron ore! But then like the Argentina project it will probably never happen.

But who knows if something does go the boards way then this could fly very quickly like it did all those years ago from these levels up to well over 1p - I think that was around the first announcements regarding the wonderful clay based lithium in Mexico - that went well that one - I think I’ll be dead before we get anything out of those jv’s and I’m only in my 40’s!

Perhaps they are putting it off because they are going to announce a game changer soon which will propell the share price back over 1p and then they won't have to face disgruntled shareholders.

You need the patience of a saint with this share!

Thanks for updating the chart Lewbo18. Always good to see it in one place.

Just one thought is it worth expanding fleet a little more- I know we can’t add all customers but I just feel some big ones like Firstgroup and National Express would be great to include so that any newbie investors can see some of the big brand names we have contracts with?

Seeing2020 you are clearly a very logical person and what you contribute is very well thought out and makes a huge amount of sense.

I am very similar in the logical sense which is why I don’t think I should be investing in AIM shares - there is no sense or logic to AIM at all.

The current share price just doesn’t make sense to me based on all the things you are highlighting. I also can’t get my head around when I first invested over 5 years ago I bought at 9p when the business only really had a contract with caterpillar.

Guardian, fovio, aviation, etc didn’t exist at the time. I don’t think there was even rumours of GM, but I might be wrong.

So how can the market believe that the share price should be half of what it was all those years ago when we are now signed up with major global brands across all sectors with the opportunity of growth significant due to legislation (which may I add was not even a dream over 5 years ago)

It’s nuts!

I still believe it will come, but I am very impatient and waiting for another 2-3 years is going to drive me mad.

It’s great that they have come out and said we are undervalued and this makes me think they have a plan to try and resolve this, so let’s hope there is now a regular positive news flow and any bad news is written in a positive way. Let’s also hope that Paul will do a great job of getting more investors on board and let’s hope we are allowed to start telling people about further contract wins with realistic values attached. The licensing news can’t come quick enough for me because that will help bring forward breakeven and perhaps convince people to invest who fear further fund raises.

And before anyone starts yes I know there are now more shares in issue, but I still don’t believe that warrants a share price of half of what it was over 5 years ago given our list of customers and future potential we have now.

Based on this video and the comments made about the video people still think self driving cars/trucks are close. I still think this is one of the reasons our share price is still where it is - a lot of people probably still believe our product is already obsolete. This and the fact that some people still believe there will be more fund raising at a lower SP again in the future.

The latter of course is in SEE's hands - hopefully a licsensing agreement will help solve that and more contract wins. However, the belief about self driving - will this ever change?

https://www.youtube.com/watch?v=QC2yOrXfkUs