Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Wonder if GB2s cryptic elephant references are about to land?
There were Queen Mary2, Queen Victoria and a third one, couldn’t see (haha) the name, at Ringstead Bay. at one point there were 9 cruise ships moored off it, very sad and extraordinary sight. They might welcome an offer from Lewbo and others.
BAIN'T many volk vrom Darzet as can zpeke they local dialect words theas days.
I very much like the sound of #team5046, although I suppose we should adopt #team3100 as “the middle ground” so as to neither ramp or deramp.
I won’t be buying a Tesla though, Bentley yes.
I do hope coldfishfinger and his brother coldfishcake are not lurking in the wings.
@terry problem is you have to be logged in for filter to work, saw HAGD spouting nonsense about results, had to respond. I only log in to post or if the drivel is obscuring the researched posters.
The August RNS - you are a month early but, of course, you had to read it to get to the publishing of audited accounts...
Mon, 3rd Aug 2020 07:00
RNS Number : 8457U
Seeing Machines Limited
03 August 2020
Seeing Machines Limited
3 August 2020
FY20 trading update
Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, provides a trading update for the period ended 30 June 2020 ("FY2020").
Seeing Machines is ahead of consensus guidance for FY2020 in relation to its total income and revenue and significantly ahead in regard to its net cash position as the Company continues to successfully deliver driver monitoring system (DMS) technology across the Automotive, Fleet/Offroad and Aviation industries globally. This has been achieved despite the difficult COVID-19 backdrop.
Financial highlights for FY2020
· Total income for FY2020 is expected to be A$42.6m, representing a 30% increase on the previous period
· Revenue for FY2020 is expected to be $39.7m, approximately 8.5% ahead of consensus guidance (consensus: A$36.6m)
· Cash at 30 June 2020 was A$38.7m, up by 22% on consensus guidance (consensus: A$31.8m)
· Total connected Guardian units at 30 June 2020 was 23,415
Paul McGlone, CEO of Seeing Machines commented:
"We are pleased with our results given the unique challenges we faced in the second half of FY2020. Our business is focused on transport industries and it is clear that the sector has been under unprecedented pressure since COVID-19 emerged. Notwithstanding this, we have continued to make progress and that is a testament to the hard work of our team and has reaffirmed the importance of our mission which is to keep people safe and reduce transport related accidents.
"Guardian connections have increased in FY2020 by more than 46% despite the limitations posed by grounded transport companies and pressure on commercial fleets to work around the clock to deliver supplies across vast geographies. As global economies return to some semblance of normality, we expect connections to accelerate through our growing distribution network.
"In the Auto sector, Seeing Machines has much to look forward to in the coming months as we await the launch of two production vehicles featuring our DMS technology. The continued and reinforced regulatory momentum in Europe and North America is already having additional, positive impact across our Automotive and Fleet opportunities, and while the Aviation industry remains under more economic pressure than most, our ongoing negotiations remain intact."
The Company expects to publish its audited year end results in late October.
The financial information in this announcement is based on the unaudited management accounts for the year to 30 June 2020.
I’m afraid I would go 100/1 for Coldfishpie, Foinavon came through on those odds though
Hot work, after that I expect they would like a stint in your ice bar
Is it me or is this ringing bells?
I think it will fit with SEE holders (I only have a few GGP, not a life changing amount, relying on SEE for that). Thanks to all you researchers who keep me here.
“ MM's really pulled a blinder yesterday. What the newer investors need to realise is that the LTH have been through all the lows too. Watching the share price languishing below our buy in price. Thinking the next excellent drill results would propel the share price only to be disappointed that the market seemed to overlook us yet again.
I once said on this board that if GGP found a gold nugget the size of Sydney the share price would remain the same. That was the frustration of the share price not moving.
Luckily those bleak days are behind us because the market has finally woken up to what we and Gervaise and his team knew all along. That this sleeping giant will awaken and surprise lots of people.
We stayed firm through all the disappointments and the MM games, because we knew this share was an excellent investment, it was just going to take a great deal of patience before others realised it too.
The writing has been on the wall for a while for where this share is going and it's a pity so few saw it initially. The nice part though is that the real journey has only just begun.
I have never sold a single share in this stock because I had faith in my research and I will never sell a single share until the journey is concluded, There are only two shares in my portfolio that I am confident enough to say that about.“
Esc, huge smiley face, lol
Hmmm, he was unpleasant but I didn’t mind him having a contrary view. I had grave suspicions though about those manuals, too convenient.
@CFP thanks, laughed out loud. Small point though, abbreviations of “is” usually use an apostrophe
Great Post, thanks, absolutely love chips even if they cost an ARM and a leg
Escovido, sorry, the excitement over came me
Google showing .04 just been hit
Indeed, I’d like to move the decimal point a few places to just a tad over Seeing-2020’s #
Nice list 2020. Could they have named either Qualcomm or Nvidia? Apologies for the question, my ignorance knows no boundaries I’m afraid.
I dreaded reading that RNS but it very much reassured me. Well done SEE in these difficult times.
Not expecting anything from the SP though. Been here too long now to expect huge rises on good news.
:D
I think I tick two boxes, crazy and eccentric. Look forward to the story, can I YouTube it?