Member Info for Lewbo18

And another turns up!
I demand these are called something different!!! LoL.....

Nice to see CFO and Chair buying again.
And the usual suspects and newer ones come out to play....

Jeez, they are all coming out of the woodwork today!!!
Newbies and LT green blobs.....

Well, some crying going on this morning!!

Results in line with trading update.
I do expect Gen3 will be revealed probably May, with availability for installation July on.

Cenkos - all Gen3 and aviation is upside.

Bought a few this morning. Thanks

https://twitter.com/mrlevine/status/1631305625719439360?t=tWck5Uy77Q9SZGz1eptDXA&s=19

Oh if I had a dollar for each time someone said If I had a dollar!

So Phil in summary..
Therr may be news or there may not.
The SP may go up or down.

Only things you missed which might affect things are Russia and Matt Hanc oc k's whatsapp messages....

There's been a lot of speculation about the soon to be released aviation deal.

Its been suggested that CAE - that massive owner of almost half the Full Flight SIMS will get the contract to license out to new and existing ones.
Collins on the other hand is an absolutely massive company who supply to pretty much all the aerospace industry. Will they get "everything that flies?"... (Source, The Italian Job.)

Who is the T1? Are there more than 1? Are we supplying one or two massive companies with licenses?.

Why are Magna and Collins co-presenting at CMD in USA next week?

You have to wonder what deal will be announced first.

Is it the RFQ for the 333 flying things + 18 on the ground training things.... Or..... A license deal with a multi-billion giant in the aviation industry with a multi million dollar upfront payment and long time recurrent revenues

Well the 200k shares in SEE you have in your ISA should do ok. But not sure you'll get the buying opportunity you think. But let's see.

Yeah fair point it could be 15 RFQs by now..

Oldfool,
Italian job confirmed bigger contracts....

From the 12 RFQs in play (around End Nov) 4 are for in the mirror.
And those 4 represent 50% of the revenue. So they are the bigger RFQs.

And 1/4 of the 12 RFQs are brand new OEMs.

CAE as we know bought the military side of L3H for full flight SIMS.

Based on the 2021 Census of military SIMS CAE now own nearly 39% (1,110) of the total (2,863).

CAE and SEE have issued and RNS in 2021 for A$1m to develop the system and put the our tech into 3 SIMS for the Aus Airforce.

Wonder if CAE will now license SEE IP going forward.....

Probably better to look at the original post Darren you must have a Smarteye post open below it?

Here's what it says...

"CAE Australia works with several partners for the delivery of the program, including Seeing Machines and Virtual Simulation Systems, as well as primes and academia."

While rumors abound of an Apple iCar, don’t expect it to offer autonomous driving. Instead, when we finally see it, the iCar will almost certainly amaze us with integration of the in-cabin technologies discussed here.

And just as with iPhone, consumers will race to buy iCar. Legacy automakers, you have been warned.

The Italian job does show the point up well.... analysts on the call asked no questions at all. Only one was the chair who was at CMD in London. Sums it up really.

David, you give these analysts too much kudos. The average investor here spends more time and effort understanding DMS! Of course apart from brokers closely attached to SEE, and even then I'm not so sure.
Its their job but they probably cover several areas and a number of companies.
As said its the tie up with big well known companies that will get them at least curious.

Livingstone,
In the Italian job, Paul mentiond that funds - everywhere but in particular USA are still obsessed with ADAS and Lidar (you only have to look at the values od lidar companies).
They still don't understand, nor value yet, the interior sensing side of the whole business. Hence explaining it to US II's and having two massive partners co-presenting goes a bit towards opening their eyes.

Now before it all kicks off here, i expect the days after the CMD to hear people moaning about IIs not buying etc etc if the SP doesn't fly immediatley.
II's dont work that way.

The US $17.5m Magna is giving to SEE for working with them anyway.... Is a great piece of business.

Now that would have been a great deal in itself but to obtain an additional low cost loan of US $47.5m is a remarkable piece of work by SEE.

It would have been very difficult in the current market to get any finance anywhere near as good, so raising cash now would be a last resort for any company.
Having good finance in place allowed R&D and recruitment to continue rather than having a moratorium on staffing at such a crucial time.

As always have a good day today.

Yeah Freewill,
stop focussing on Smarteye!

Collins could be the T1 in the RFQ. And by that i mean SEE as in auto take the T2 win.

IF that is the case then Collins could already have won the substantial RFQ and SEE are signing off the license deal to allow Collins to use the IP and do the implementation. Lets face it SEE dont have the staff to support such a massive piece of business.

Of course the Magna deal means SEE csn take a smaller multi million dollar up front payment and pick up recurrent revenues for the next 30 years..... Nice.

You have to wonder what deal will be announced first.

Is it the RFQ for the 333 flying things + 18 on the ground training things.... Or..... A license deal with a multi-billion giant in the aviation industry with a multi million dollar upfront payment and long time recurrent revenues.

Or are they tied up in one and the same thing.... Don't think long to wait.