Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
It seems there is a lot of scope for Seeing Machines interior sensing to be used in the marine industry, perhaps starting off in European waterways. This isn't pie in the sky as there are moves afoot to address this issue in Europe (which as we know has an appetite for using regulation to improve transport safety:
https://www.inlandwaterwaytransport.eu/human-factors-root-causes-of-accidents-in-inland-navigation-report-on-human-machine-interface-and-wheelhouse-design/
https://www.inlandwaterwaytransport.eu/wp-content/uploads/Intergo_Report-phase-2a_final.pdf
While this is certainly a few years away it's one more reason why a chip company would want to own SEE.
I used to hold this but sold out just before the share consolidation, luckily making a very small profit. However, I thought this a very interesting company and so have kept watch over the past couple of years. I thought it might have IP that was valuable as it did employ legal specialists to protect it. That's why I'm surprised at the statement that key patents have expired. Can anyone direct me to the source that states this? Many thanks for your time.
Before you let Mr Market have your shares on the cheap think about the news that is likely to come out over the next few weeks. This share is de-risked and clearly going to capture the lion's share of a fast-growing, global market in auto (not to mention fleet and aviation). This was 13p at the time of the Ford win in June 2018, when it was much riskier - Bosch was sniffing around then.
Its business is in far better shape now and I think we're seeing that with every month that passes. Remember Warren Buffett's wise words: "Price is what you pay; value is what you get." Have faith in your own research. If you've not done any, do some.
David,
There are various ways it will happen.
1) Brokers will raise targets on the back of contract wins, visible growth in revenues, and the prospect of profits. Similarly, more institutions will buy into SEE on this basis.
2) A bid will fast-track this process.
It's not rocket science.
Someone needs to sit PM down with the rest of the board and convince them that PM needs to do interviews with quality media outlets. Paid for interviews with Proactive Investors are fine for AIM wannabees that can't garner sufficient interest from more respected financial publications but the FT/Telegraph/Sunday Times is where he wants to be appearing as the man leading the global charge to save millions of road users' lives over the next decade. It's a pitch that is as sexy as hell.
It's shocking that at this stage of the game so few even know the name of this company. Interviewing exclusively with outlets like Proactive, who btw merely regurgitate press releases or cobble together news from more reputable sources, damages the brand.
Seeing2030,
I agree that a share consolidation won't make any difference. Where I disagree is that there is nothing the company can do. It should be using PR to tell the market that it dominates the DMS/OMS auto market and that this is only going to increase over the next few years. The general public has no idea that: a) DMS/OMS is coming b) Regulation is driving it, so SEE is relatively low risk c) Its tech is the best.
For instance SEE (and its PR company) should be actively telling punters that the increasing independent broker coverage (Berenberg and Peel Hunt recently put out info) is an indication that knowledgeable analysts appreciate that its strategy has succeeded. It should be actively helping potential investors join the dots, instead of leaving it to lonely voices.
Seeing Machines has always had a blind spot re. the effectiveness of PR and what it should be doing to try and manage its share price. Even when SEE announces huge wins with the likes of VW it fails to get share price traction because of this imho. The pity is that many retail investors (even some IIs) will become forced sellers in the current environment. In addition, if the market crashes before/while SEE announces wins we will be impacted, as we were re. Ukraine but to a much larger extent.
My hope is that a take-out price has already been negotiated. If not, the urgency for effective PR increases.
What pains me is that Seeing Machines is a great company that is a world leader in one of the hottest sectors in auto, even in tech. Yet, ask even Ford employees if they've ever heard of it and you'll most likely be told they haven't. I remember when I test drove the Mach-e at least a year ago the guy demonstrating it knew nothing about SEE or the DMS.
Putting out a vaguely worded RNS doesn't cut it. The next big win needs to be followed up by media briefings to journalists to explain the significance of its work, to paint a picture of a car that has empathy for its driver and can protect them and their families. That can save their lives and reduce their insurance premiums...etc.
Of course Putin is responsible for the actual invasion and is culpable for war crimes committed. However, NATO bears a heavy price for instigating this crisis by expanding into Eastern Europe against promises made at the time of German unification. The truth will out and Inphobe I'm surprised you're not willing to even consider my point of view. Read this if you dare: https://newleftreview.org/sidecar/posts/news-from-natoland
Anyway, I'm here to talk about Genedrive and I apologise for any upset caused.
I agree that the NHS contracts are a matter of when not if. Considering how great I'd have expected mainstream media coverage of it. But then our media is obsessed with banging the drums for war in Ukraine -- ignoring NATO's role in provoking a war in Ukraine and other disasters from Iraq to Afghanistan.
Is the rise also predicated on the increasing risk of a severer Covid variant emerging? I was reading this:
https://www.independent.co.uk/news/uk/home-news/deltacron-stealth-omicron-uk-covid-cases-b2040701.html
I believe GDR's test is still awaiting final Government approval but the tests are ready and logically UK/EU/US ought to maintain high levels of testing. A gold standard test that produces results in minutes ought to be pushed by any sane Govt.
What I'm not sure about is:
1) Is ours the best?
2) How expensive is it relative to rivals?
Thanks.
Indomie,
I expect FinnCap will issue a note tomorrow, which should help boost the price. With Covid still rising, I think there is also mileage in the POC tests going forward. Fascinating technology. Like Mediman I think it is great that an AIM minnow is helping prevent babies becoming deaf. I appreciate the informative posts from those that are investors rather than pure traders.
Very bullish Lewbo.
By the looks of Paul's photo the prospect of multiple contract wins, closely followed by a big payday from a near-term takeover, is a veritable elixir of youth.
I reckon £1 offer by end of June. We just need a good run starting from this month. Get up to 20p by mid-April, 45p by May. Then £1 won't look excessive to QC shareholders. I'm sure they are planning it.
If we've learned anything this week it is that life is unpredictable and can be cut short at any moment. Best to make some cash and enjoy it.
We got a solid update today and the share price failed to respond - so what's new? I was hoping for contract news tbh but do believe we will have it soon. SEYE had nothing to report or they would have been boasting like crazy.
My guess is the contracts we were expected to have signed haven't been yet. I personally see no reason to lose heart, especially as more and more independent brokers are coming to the conclusion that Seeing Machines is a solid buy. Market vagaries and geopolitics are making life harder for us (not to mention people across the world) but I see no reason to lose heart. Have faith in your research and if you haven't done any don't invest too much.
Ignore the Ukraine spat. Just Russia letting the US and its poodles know they can't walk all over Russia and the ethnic Russians that live in the Ukraine. Hopefully, if the US and NATO negotiate seriously, Ukraine will stay out of NATO and this will blow over. (Ukraine is a long way away from sleepy Joe's electorate but not from Russia).
In any case, it's a buying opportunity and the great news is that SEE is starting to get more independent broker coverage, which means more funds will be buying. Tomorrow is going to be a good day, at least for SEE.
Star,
There was never incontrovertible proof of Russian involvement presented, just a lot of propaganda that our servile media ran with, as per usual. Remember Iraq's ghost chemical weapons used to justify illegal Iraq war?
Of course, Putin puts down internal dissent and isn't a nice guy. However, in international politics he is quite rational.
Speaking of abhorrent use of chemical weapons, this is a historical fact: https://en.wikipedia.org/wiki/Rawalpindi_experiments#:~:text=More%20than%2020%2C000%20British%20servicemen,research%20centre%20in%20southwest%20England.
Nonsense, Russia merely wants to prevent aggressive NATO expansion into Ukraine with anti-Russian forces in its backyard. Surely US knows this, as it wouldn't permit Russia putting missiles and troops into Mexico. Given the track record of NATO in Afghanistan you'd think US and UK populations would have more sense -- sadly, the politicians that pretend to represent them don't.
As to Genedrive, it has fallen too far. Just be patient and wait for news. It will come. The technology is first rate.
It seems that most Western politicians also have a problem with the word 'imminent'. I'm willing to bet that SEE will produce huge wins in auto, fleet and aviation long before there is any Russian invasion of Ukraine, even before further aggressive NATO expansion into Ukraine :)
Thanks Inphobe. Good to have some information exchange here.
I take it the people who don't hold do like the technology that this company has? I'm very keen on the ability to screen babies for the gene that predisposes them to lifelong deafness if certain antibiotics are used. This must be a growth area as we all want personalised medicine.
Boris Johnson is taking a pretty big risk just to try and rescue his own sorry chops. What happens when out of the billions who are unvaccinated around the world a new variant emerges? Not me ramping but WHO: https://www.indiatoday.in/coronavirus-outbreak/story/next-covid-variant-more-infectious-than-omicron-possibly-deadlier-warns-who-1910627-2022-02-09