PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Whilst I am always a hopeful investor in SEE, don't misunderstand why I make the points that I have. I have a tinge of realism on these issues (and several others!). NCAP may not specifically aim to implement eye tracking per se, but as the tech develops then it will likely promote itself both in response to events such as the Croydon tram incident and continuing issues with the control of AV. DMS will have to be effective in order to facilitate the safe implementation of any form of autonomy, and level 4/5 is a long way off. Manufacturers always consider cost/benefit and customer acceptance and I am not wise enough to forecast their decisions on dms - the market will do that - and perhaps the market will be influenced by regulation. My experience is that once the European Commission has proposed a package of measures then the parliament will eventually formalise it, no matter how much industry squeals. I accept there will be alternative technologies but the question is which ones will be most effective, adaptable, and achieve customer acceptance. The fact that SEE have attracted substantial interest from manufacturers already bodes well for them, and the motor industry is a rather volatile one where the competitors all strive to outdo or at least match each other. We are of course discussing one element of the company's product application but in any case I'm in because of the tech, because of the nature and the company and it's prospects, and because I see the strong direction of travel (pun intended) of the industry and its regulators.
Can I have my pennyworth on this topic given that I have again read a claim that DMS has a limited and short life because of the imminent implementation of level 5 autonomy. I'm a driver (of rather fast vehicles over several years) and a LTH. Driver monitoring should not be seen as a response to autonomy but rather it should come first in order to enable its further development and application. TESLA is a case in point that illustrates what happens when an AV has little effective way of reverting to a relaxed and perhaps disinterested driver cum passenger. Furthermore, for AV 4/5 to work in many countries with highway characteristics dramatically divergent from US interstates, very significant infrastructure changes will be needed, to highways and to electronic systems in the vehicles and the surrounding environment. Just as UK Gov aim for electric vehicle production is out of touch with reality, so is the ultimate timescale for AV.
And quick word about the customer - many have different reasons for buying a car, one of which is the desire to be an 'involved driver'. EuroNCAP aims to make vehicles safe for the majority of drivers and decisions for eg on auto emergency braking and lane assist are an effort to achieve improved safety whilst still allowing driver involvement and control. The likelihood of a level4 and 5 being installed in the majority of vehicles by even 2040 is in my humble opinion simply fantasy …. as Mr Musk will probably soon realise.
Just thought I'd mention - though prob no surprise - my buy has just been flagged as a 'sell' at 11.73
Oh at least it made me giggle this morning....
Perhaps he should donate his cash to charity - a better use
That's a clear attempt at SP manipulation in the hope no one can disprove. Not even worth giving it time in my opinion. Pretty hopeless
Hi - thanks for the invitation to join the board... and I'm not a clone by the way. Been watching the chat for months and been a LTH for a lot longer so needless to say I'm happy at the minute. I appreciate the constructive remarks, whether negative or positive, but sometimes I can understand why some of you get irritated by negative comments made at the wrong time. There is of course a world of difference between a cautious approach and a totally negative one. Here's hoping for good news at end of June.