Member Info for Lostinfrance

Perhaps they are all waiting for Magna mirrors , I imagine the majority of OEM’s will go for a simple solution to tick boxes with not much disruption to modify the interior of the vehicle.
Omnivision or Qualcomm also with a package with backup from very large conglomerates. I don’t see how SEYE is going to get a big market share even though they have taken a decent contract recently.

Someone asked a question at the London presentation how the deal works. Others will know better than I do but I think we are embedded but then it’s for the OEM to ask us for a quote if they want that feature enabled.

You would imagine over time the OEM’s will migrate to Magna, just seems a whole lot simpler for them with different models and layouts.

Supposed to say in Each of the last 4 quarters.

Brockwl- what do you mean by this statement? We need to see auto increases far greater than the 6%, they delivered last quarter.
Did you make it up?
From our quarterly update growth in auto has been between 25 and 40% over the last 4 quarters.

Perhaps a returned investor as the writing style seems very familiar?

Found it
Regulation (EU) 2019/2144 of the European Parliament and of the Council 1 mandates motor vehicles of categories M and N to be equipped with driver drowsiness and attention warning (DDAW) systems from 6 July 2022 for new types and from 7 July 2024 for all new vehicles.

Good video, even about radar and LiDAR was worth listening to , I left a comment about us in the comments section.
As Terry said they should get a high market share especially when the clock is ticking down to 2024, it’s a no brainer.
I’m not sure which month the legislation kicks in was it may?

When Magna had the announcement on twitter with seeing machines. I wrote I can’t belive we (see) are only talking about a 50% market share when there was no competition, I suggested it should be a lot higher. I received a heart from Magna, perhaps shows you what they are expecting.

Some of the cars have been on the road for quite a while already but no announcement, I think the idea of the 3 monthly announcements of vehicles on the road is ment to give clarity. If it works like the charts from the London evening we are waiting for the massive hockey stick effect .
We all want news yesterday but if the SP rises massively in 2023 or 2024 I’m happy to wait.

Paul said they were concentrating on the contracts announced and the ones they knew they were going to win. It’s smoke and mirrors.
Don’t panic sit back and wait our turn.

In France they would class 4,655 euros as 4 million 655 thousand with the comma.

So I would assume same, what we would say 4.655 million SEK.

Are your head count figures accurate ? I thought over 100 extra staff someone will know. 70 in vietnam i recall.

He stated in the London event the RFQ’s we have already won and then the ones we know are are going to win whilst showing the growth charts. He set a figure of 60% win rate on the existing RFQ’s but said some may say it’s conservative.

https://stream.brrmedia.co.uk/broadcast/633fd89248e27c7b9f69b898?utm_medium=email&_hsmi=229371750&_hsenc=p2ANqtz-8xj7Enr5EmVBzbOCnKgrEZH1Qz0D20QE6mPyI_6-KooBC7vrdwzDg2EOAFWk1lJRTR5PcgPMl2cuDmi0pH3rDHmYW2Vg&utm_content=229371750&utm_source=hs_email

Good video worth commenting underneath.

In either the London presentation or a podcast Paul said they were concentrating on the contracts they had win and what they knew they would win. Or words to that effect.
I think people watch their shares too much, things don’t happen every day or every month, you know what’s coming just relax a bit.

Significant Shareholders
Lombard Odier Asset Mgmt. (Europe) 16.7%
Federated Hermes 10.0%
VS International Venture 9.4%
Herald Investment Management 4.5%
Richard Griffiths and family 4.0%

I certainly don’t agree 25 is a fair price, in the next 2 years we should have contacts signed into 2030 so a better view of forward revenues.
25 will seem cheap and should be multiples of that.

It’s the iPad it corrects into french. More like deserted rural France in the Charente, hopefully in the next 6 months with help from SEE I can buy somewhere more exciting to live.