Member Info for Lewbo18

Smarteye license was thought to be about €5-8 min but that was some time ago. When they shifted to talking about adding OMS there was an expectation that OMS would be their big money spinner. So from that i assume they were talking that OMS would add anything from €5-10 on top.
Agree with Terrym that with volume and discounts who knows exactly what value DMS / OMS will be but getting to SOP is the start game.
Paul talked about buying in tech to get additionality cheaper than buying companies to get it. But all premised on its cheaper to do that than do it in-house.
Having the full stack or able to deliver the full stack will ensure you are in as many cars as possible and its pretty much cash once they hit the road.

Agree LIF,
In auto we should have SOP in at least 30+ models by mid 2023.
The biggest win to date announced last Nov and thought to be VW, kicks off SOP in early 2024 and the most recent Japanese win in 2025. The effects of all these are cumulative and last for several years. Be interesting to hear the vols for year end June 2022.

Fleet will surprise i believe. After market will get the impetus from legislation and safety and vans come into that category.

Good stuff Terrym. Will have to check the chart and see if I've all these models on. Must be near the 30 at SOP by mid 2023.

Materially above historical market share of 30%....

China added overnight......

Materially above historical market share including China...

Macro events are affecting the SP more than the two rns's..... David kinda obvious that one?
Each rns derisks SEE even more.....

Yeah all showing as a sell on NEX.

Bought a few more.

So if the rfqs out there A$1bn~ are for minimum initial contract values... Wonder what the real production values actually are, much more i guess...

Major, have to agree. Well done to Kazu Hamada and team. Japan was a hard nut to crack so these guys deserve it.

The more i read the RNS, it smacks of they're more down the line with this work than some are suggesting. SEE have a history of telling us about things way after they have started...

Interesting interview. Mentions M&A, 26 brands "taking up" digital chassis, and adding $3bn to auto pipeline in last Qtr.

Would be good if QC and SEE were aligned..... Oh no wait... They are.

https://twitter.com/cristianoamon/status/1522609382793510912?t=Rg_Azm-JQ8KtW31z4SmlAQ&s=08

Maybe, but then nobody knew Shell were looking at DMS for a year before our RNS. Coke may be as proactive as Shell...

Materially above 30% win rate sounds like 50%++ to me. There's over A$1bn in the current RFQ's and at least the same for the next batch. Hopefully next month or two gives us what the real value is.
Fleet may surprise us as well.

Maybe I'm too conservative.......

Cold
"pms isn't going to save them"
Spoken like a true expert LOL

Seye have lied about getting earlier wins to SOP, i think thats their major issue. JLR was won in 2017.

SEE have no control over the SP. They can only issue news when legally able to.

Hostile takover talk is stupid. Aussie rules apply, DYOR.

We have a Board member who can block stupid bids, DYOR.....

Would expect so but they may get a discount which is fair enough

Nah, they've just ported onto a newer chip.
Note Wang describes SEE as the "leader of dms and interior monitoring", unlike Cipia.
But... Also SEE collaboration talks about the interface between the front facing camera and the interior. No mention of this in the Cipia announcement.

IMO Cipia have upgraded their DMS onto the latest chip. Of course Abm are going to comment on it, as any sales for Cipia are sales for them.... Smoke and mirrors.

Nothing new.
Pre Nov 2020 they had partnered on the CV25 CvFlow chip.
They moved to a higher chip.....

Magna is expanding its ADAS and electrification footprint with the opening of a new plant in Kechnec, Slovakia. The brownfield facility will support two European automakers and new global entrant.

The plant will produce some of the company’s most innovative Level 2 ADAS solutions as well as technologies for the electric vehicle market. These include Magna’s most advanced front camera modules and in-cabin cameras for the launch of the company’s recently announced integrated driver and occupant monitoring system. In addition, the site will manufacture electronic control units for inverters used in electric vehicles.