Member Info for Lewbo18

Yeah fair enough Phil, QC is an odd beast as it's embedded but as you say optional.

It's just the volumes that SEE are producing now and will going forward are hard to reconcile with what we think we should be counting.

Just an opinion....

Are we getting paid for the license if the IP is in the car irrrespective of being used ?

It's hard to get to the vol SEE have with just Supercruise, Bluecruise, ActiveGlide etc which we take as the some of the proxy for volume. Maybe the volume is coming from the fact that if SEE IP is on a chip in a car whether being used or not (as it can be activated at a later date?) SEE get paid a license fee.

Note that Smarteye since last June 2022 claimed 1m cars on the road - yet there has been virtually no press on DMS being used in any of their supposed wins. I expect they were paid and in some models DMS never was activated?

Also note from the RNS dated Nov 2022 where Paul stated:

"it is tremendous to see cars on road, fitted with our technology"

He says "fitted" not "using".

Maybe that's why our volumes don't necessarily reconcile to what we think....

May be that if SEE IP is in a car then a license is required. Not sure activation is needed to secure payment.

Isb,

No he didn't you should listen to it again.

He said on a 2 year outlook from then there should be no reason not to have a 0 on the end on the mcap. So again its up to the market what the mcap is based on future business as opposed to Paul saying it will be. Bit of a difference just to avoid a narrative being taken as gospel.

DMS was steering assist. Was adequate at testing but they mentioned it as it wasn't eye tracking IMO.

The basis of the financial deal that Paul did with Magna remains remarkable when you look at how difficult it is for smaller companies raising cash in todays markets.

Magna exclusive agreement expires at the end of June 2025 - so they expect to reap the benefits before then. I would expect that SEE and Magna will be so wedded by then that an extension of the original deal may occur or a new one written.

Interesting walk round.

The tweet mentions Nissan, which IMO Seye are part of. But at the end of the clip he shows a Honda, one of ours (IMO) .

Fairness to Martin, he's trying to show that DMS /Interior sensing is everywhere.

RFQ

Can only presume Collins were involved and it is live still.

CAE, Emirates, Fedex, L3, Boeing etc buy through the supplier Collins now. SEE created the market. Collins and CAE work together as all aviation companies do.

DMS is now mainstream. Tesla admit to needing it. They'll go it alone however Elon sayimg it is needed is another oem saying it is vital. Tesla are no competitor, they do their own thing, not selling dms.

Strange decision by Tesla.

But it will help ALL car makers in Europe to sell more cars.

Agree Glandore,

Getting $17.5m, funding for a couple of years at minimal cost and in the mirror was a masterstroke.

Now SEE, more contract news

SEE have links with Coach USA and Firstbus. Can't recall anything on Stagecoach, of course i may have forgotten 🤔

Link and context would be useful. Without is speculation just what you are giving. 🙄

Yeah, even at $3-4bn 💵, 60-80p would be a decent return 🚀

Nice of you to think SEE could be as big as Mobileye but i just dont see it.

Probably a buyout (subject to those that hold 10% of the company not stopping it) at about the $3-4bn mark but who knows could be more. 💵👀

Veoneer are really pushing DMS/OMS 👀

🚀

The BMW Group sold more than 215,000 fully electric vehicles worldwide in 2022, which represents an increase over the previous year of almost 108 per cent. Fully electric vehicles accounted for just under 9 per cent of total sales volumes last year, and this share is set to increase to 15 per cent in 2023.

By 2030 at the latest, the BMW Group is looking to reach a situation where fully electric vehicles claim a more than 50 per cent share of its overall sales.

The BMW Group views FCEV technology (Hydrogen) expressly as a potential addition to the drive technology used by battery-electric vehicles.

I believe BMW , who use Toyota hydrogen cells will make about 100 of the iX5 Hydrogen cars to distribute worldwide to certain groups for testing over the next few years.

Brock, you've had so many red flags you could start your own party. But still here. Keep your chin up!

Brock, bit of a low monthly monitoring cost you're using?