Member Info for Lewbo18

is this it???

http://www.europarl.europa.eu/ep-live/en/committees/video?event=20190221-0900-COMMITTEE-IMCO

Expect basic DMS to get passed, advanced perhaps a bit longer - however this is the EU so anything can happen.

Irrespective of the decision - OEMs know that coffee cups are old school and EuroNcap will require better before any legislation kicks in.

SEE have stated that they won't be naming the new T1 partner for commercial reasons.

Is it just too sensitive to say who it is? GB2 suggests Denso or indeed Aptiv. Denso would be very sensitive as it points to one big OEM. Aptiv could be sensitive since it is/was seen as SEYE main T1 partner.

Aptiv haven't stated that they have won a DMS contract but they are presenting at the CECP Investor Forum on Monday 25th so there may be some indication then.

As GB2 says there is a lot pointing to a SEE/Aptiv collaboration for the FCA Chrysler win.

Veoneer had their Q4 results out last week and failed to mention a new DMS win. Of course the Q4 referred to end Dec but they surely would have said about new wins to help with the less bullish results. I contacted them recently and twice they confirmed they DMS wins with 2 OEMS.

Either way it's another win for SEE. The market doesn't get it yet but what is clear is that for the past 14/15 trading days we seem to be marking time in the 4.80 - 5.20p range for some reason? Seems to point to something financial happening around the 5p mark??

SEE have stated that we should see money from the DMS wins starting in the 2020 year which I assume is our financial year starting July 2019. This does tie in with the planned productions of the OEM models.

GM - 2020
Merc - 2020
Ford - 2020 Chip
Byton - 2019/20 Chip
FCA Chrysler - 2020 Chip
BMW - 2021

LOL seeing2020. The Big Short strikes again!

Interesting that he said that SEE were "the only known tier-2 competitor in the ongoing procurements". If that is the case then that bodes well. I cant think of any other competitor unless there is an internal solution.

SEYE expect to get 40% of the market which would leave possibly 60% for SEE. At this rate the % may be a bit different. Of course some OEMs will still pick SEYE based on price I assume and I do expect them to do OK in the Chinese market.

Looking forward to the Japan RNS(s) to come as well.

Yep.....gonna need a bigger boat

Certainly looking at the wins so far the potential revenue income is massive which is hidden in the numbers being quoted.

Based on the data available - the signficant things to note are the speed at which OEMs can implement DMS into cars using the FOVIO chip - note the last 3 wins have been using the chip and the implemetation dates are under 2 years away.

These are all the proposed Model launches
GM - 2020
Merc - 2020
Ford - 2020 Chip
Byton - 2019/20 Chip
FCA Chrysler - 2020 Chip
BMW - 2021

The market hasn't a clue.

Thurday EU legislation - expect the advanced may be shelved but safety DMS will get voted in which is good.

Perhaps a fundraise/strategic investor soon to sort out the finances, get it over with and batten down the hatches as 2020 seems to be the year.

2019 will bring more DMS awards and once in the bag, for the next several years I don't think income will be an issue.

Perhaps a takeover may happen but it'll be on terms that SEE believe are suitable.

All my opinion of course DYOR.

I have assumed it is Aptiv with the FCA Chrysler win.
https://ibb.co/XS2jyqp

Whatif18, I think as long as the legislation gets accepted - even if it's not the advanced then it's all good for SEE.

Even if it didn't the various NCAP bodies around the world will require DMS well before the legislation catches up.
Based on the scramble by OEMs to get DMS into their models before 2022 the die has been set and the rollout is happening.

terrym, yes OEMs don't really like being dictated to therefore they want to install systems when they want to.

HOWEVER when it affects their safety rating and their standing in terms of customer approval and USP then they are willing participants. Hence OEMs are now moving on DMS without even without legislation requiring them to do so.

These do look like amendments to be voted on. There are a lot.

The legislation being passed is just another endorsement. It may be 2025 or after to sort it all out. However before then Ncap have forced OEMs to act. There probably isn't an OEM not trying to work out how to implement DMS in future models from 2021 onwards. Perfect storm....

Senior Management changes are positive. If fleet isn't farmed out then the manufacturing needs to be. Plan to keep the monitoring is logical as it is profitable. I expect a fund raise. Dont think there will be 6 decisions by end June but perhaps 3 or 4. Just means more in 2nd half of the year. We wont win all but enough to keep us all happy. Emirates is coming. Perhaps in the same way Qantas did with L3. Very positive outlook. DYOR

Cold, MTFB. Explains the anguish. But you keep coming back here for more. Cant stay away.

Right well Coldfish puts forward some very plausible arguements, like tell Emirates to get stuffed. Will sell up first thing Monday to let you in. That ok?.... Tosker(sic)

Looks like someone missed their buy in. Pity.

I think its another opportunity but a lot of OEM design wins and testing is probably based on what is happening now. I see the ME Xilinx tie up good news for China business.

He's saying that ME ADAS and SEE DMS could both combine on a single Xilinx latest processor. IF this is the case it is a combination that could be very cheap, very efficient and pretty much Donald Duck Mobileye.

S7, the first tweet was confusing. When the dust settled this is very good for us.

And before anyone invested here commits hara-kiri if you read the article it says that if an OEM/T1 wants to install someone else's algo's - sure just send them to us and we will put them on our hardware rather than using ours.

"The solution enables customers to deploy differentiated visual algorithms and custom algorithms integration from MINIEYE or others on the same Xilinx-based technology."

What do we know:-
- It's a "collaboration"
- how good is the DMS ? don't know
- how many FPS does it run at ? don't know
- will OEMs say "stop all DMS and ADAS testing" the chinese have the answer.
- It's chinese
- it was announced a month ago 10 Jan
- very surprised at Colin really, game changer based on one press release
- sounds like its after the chinese market