Member Info for Lewbo18

Short,

You do realise the driver (you) is always in charge, not the dms.

Tesla FSD (allegedly) or L4/5 seems to be where you have problems getting your head round.

Jeez, another wants spoon fed🙄

Was it something like?

Short,

Manually dipping mirrors are now being replaced by auto-dimming mirrors.

My car has one, which means you aren't blinded by lights from the rear.

No S2030 it wasn't. 🙄

Ironic, attributing a statement to someone as fact by making something up. 😂 Pure conjecture and noise anyway.

Lets see what the update brings. If it doesn't fit in with your investment plan, change your plan, its your choice, nobody elses.

S2030,

Paul didn't say 70p, might be a good idea to quote what he actually said perhaps?

Terrym,

You may well have a point.👍

Honda are developing their own architecture EV slated for SOP 2025 as in this article...

https://arstechnica.com/cars/2023/04/remember-the-ev-honda-is-building-with-gm-it-goes-on-sale-in-2024/

Good find Terrym.

Our win with a Japanese oem was stated to be SOP 2025 so it looks like it's been brought forward to early 2024. Good news.

This is good news as SEE will be in the car/truck at build, and its up to Ford to upsell B/C. SEE get paid either way.

Thanks S2030 for your numbers.

So you get to 10m+ a year by June 2026, hardly a few million.

Fleet, not sure what you mean.

S2030, could you post your numbers for the next few years so people can see what you mean?

The Magna deal was a remarkable piece of work by Paul.

$17.5m cash for exclusive in the mirror until end 2025.

$47.5m at a conversion rate of 11p and at total yield of 8% (inc fees) over 4 year !!!

Great intel Terrym👍

Yes VW is the Magna mirror and the initial contract value is starting to look very light as based on minimum volumes and models.

The Magna funding deal was a masterstroke by SEE and KPIs will increase dramatically.

Yeah, people get a bit uptight about the current PR output.

We know SEE have recruited heavily over the past 18 months both in Aus and elsewhere.

Yet they are still actively looking for staff.

Must be loads of working in or coming...

Should be over 1m cars on the road at the next KPI reveal.

How quickly the second million appears should be an interesting debate.

With Fisker, BMW, Ford, GM, Merc and Chrysler continuing and then VW and others coming along, the next million may appear quicker than people think.

Just read that Stellantis are releasing 23 BEV's in 2024.

If you ignore what FORD, BMW, GM, FISKER, MERC are to release this year and into next with SEE tech. (which is a big ignore😉)

Here's a list of 4 of the last 5 RNS's which all point to SOP 2024. (Honda was suggested SOP 2025)

2024 NEW MODELS

RNS 16 Dec 2021 – VW SOP early 2024 NEW

RNS 6 June 2022 – Believed to be Renault - SOP early 2024 (Qualcomm 3rd Gen) NEW

RNS 16 June 2022 – Believed to be Stellantis SOP mid 2024 ( L2-L3) Existing

RNS 22 Dec 2022 – Believed to be Stellantis DMS/OMS SOP 2024 Existing

Don't read or listen to anything else that is said by anyone outside of the official RNS's then. Next up is trading update.

I also remember Paul saying they had knocked off a number of the very large feature list for the large win (we take as VW).

And we have the ability to re-use. So perhaps 1 is sightly on the low side.

However it works out, KPI vols are important as each one is ridiculously high margin.

Next kpi should have cars on the road smashing through 1m barrier. Next million should be quick. Be interesting to see what the numbers are at fin year end June 2024.

Next couple of quarters should point the way and then VW kicks in early 2024.

Steve it's a screaming buy down here as you like to say.

Very good article that. 👏