Member Info for Maplinman

I don't know if BMW is dual sourcing but it is possible. Apparently, a Chinese company Momenta is going to be supplying the ADAS: https://www.automotiveworld.com/articles/bmw-picks-chinas-momenta-as-neue-klasse-adas-supplier/#:~:text=BMW%20has%20selected%20Chinese%20technology%20firm%20Momenta,according%20to%20a%20report%20by%20Tencent%20News

Note that Valeo has just signed an agreement with Momenta: https://www.valeo.com/en/valeo-and-momenta-enter-strategic-partnership-for-taking-advanced-driver-assistance-systems-technology-to-new-heights/

We all know that Valeo and SEE are very tight, don't we?

I cannot believe that BMW will junk a superior DMS from SEE from one from Tobii, though it obviously explores its options. 'Nuff said.

I'm disappointed at the lack of contract news so far this month. Given that SEE has mentioned timelines on the Mitsu trial, which have now been passed, some explanation would be timely. Effective communication could prevent share price drift, even in the absence of substantive contract news. I'm hoping Mitsu like the product so much (and there is such demand for it, that they want to put resources into manufacturing it). Perhaps requests to add extra OTA updates (for drunk driving etc) has delayed the deal. In the absence of any communication on these matters positive sentiment turns negative. Momentum is lost and we find the stock again below 3p.

Even those of us who believe in the company are left looking like mugs at times such as this. (CFP is looking like a genius at the mo...lol.) It shouldn't be forgotten that even us PIs have 'significant other' shareholders to whom we are accountable. And believe you me, I'm confident that the wrath of Katie Potts has less sting than what is coming from my family.

I'm not asking for daily updates, but some consideration of the importance of managing investor expectations would be greatly appreciated.

It seems so bloody obvious that Mitsubishi want to use SEE tech and broaden its usage to other sectors, beyond transport (not that transport is even close to fully using it - trains, planes and, notably, boats still have a way to go. Mitsubishi's strategic M&A strategy is worth researching further: https://www.klover.ai/mitsubishi-group-ai-strategy-analysis-of-dominance-in-automotive-chemical-electronics-food-financial-metallurgy-mining-petroleum-ai/

An opening bid can't be far off. https://www.investmentmonitor.ai/news/mitsubishi-electric-full-ownership-nozomi-networks-883m/?cf-view

Interesting development here: SEYE and Optix: https://www.smarteye.se/investors/press-releases/press-detail/?slug=smart-eye-receives-milestone-ais-order-from-fleet-safety-company-optix

Redeye pumping it as always. "Our current forecasts include SEK14m in AIS revenue for H2 2025. On our assumptions, this order alone already exceeds that level. Nevertheless, we keep our estimates unchanged for now and will revisit them ahead of the Q3 report, when we expect to have more clarity on the timing of deliveries and revenue recognition.

All in all, we are very encouraged to see this relatively large deal with a global partner like Optix. It validates AIS as a competitive aftermarket solution and signals strong potential for additional agreements in the fleet market. However, the most important takeaway, in our view, is the concrete evidence that AIS is finally starting to take off."

I'd have to be very confident to put that sort of money into SEE ;)

This is huge news. A game changer, I feel. Seems that PM is about to unleash the dogs of war on SEYE and Tobii. Couldn't resist one last nibble below 3p.

Okay, I like a joke as much as the next guy or girl. However, the lack of news re. Mitsu (never mind Amazon), never mind the umpteen RFQ and Gen 3 trials is making my wife nervous. When my wife gets nervous, I get it in the neck, or worse. So if someone in Canberra can please turn September from being a snoozefest into something spectacular, it would be greatly appreciated.

Cheers and best wishes to all at SEE.

as a fellow backer of seeing machines for 13 years, i feel i can do a good job of being negative.

i've finally lost faith in seeing machines. i realise now i was delusional in investing in this company 13 years ago.

moreover, just because it's got the best technology in one of the hottest sectors in the auto industry, a technology that is mandated by eu gsr to go into 100% of all new cars from next july, which euro ncap has backed and wants in all new cars sold in europe from jan 1, 2026 - or they wont get a 5 star safety rating, doesn't mean i'll make any money (or even get my original investment back). collins aerospace, amd, mitsubishi, magna, qualcomm, valeo, caterpillar were wrong alongside me so i don't feel stupid, just peeved at the share price.

gen 3 is obviously a dud, after all amazon and all the other companies that are trying out the technology haven't signed contracts yet. waymo use seeing machines bdms, but so what? mitsubishi, what do they know? besides they've not signed a contract for gen 3 and the trial must have ended by now. i mean everything runs to a strict timetable when testing out new tech, doesn't it.

and the cfo buying a shedload of stock doesn't mean anything, does it. it's not as if he's ever made millions on the stock market before....oh he did? well, it must have been a fluke.

and as for paul mcglone. don't get me started. okay, the guys a hard worker. and yes, many of his predictions did come true - but usually to a timeline that gave me the hump. okay, so i still think he's an honest bloke...but what do i know?

i'm going to sell out...eventually. only i prefer to have my cake and eat it. stick around and *****...after all, i'm that kinda guy.

okay, i think that's done the trick.

I think SEE will bought before any Magna loan has to be repaid/dilution occurs. Disappointed that we didn't get an RNS today, tbh. However, based on research I firmly believe Gen 3 contracts are coming with lots of other positive news announcements that should push this past 11p very soon. Seeing2020 has outlined most of the details. I have faith in the business that is SEE.

#SpectacularSeptember

Looks like our super smart CFO, Martin Ive is getting his financial affairs in order before the inevitable bid is announced. Us poor, working class folk just stick our shares in ISAs and SIPPs: https://www.investegate.co.uk/announcement/rns/seeing-machines-ltd-npv-di---see/director-dealing/9079896

He knows what is coming better than any of us.

Reading the RNS it may be a personal matter that leads the Tobii CEO to relocate back to the US. Still, it can only be a positive for SEE: https://corporate.tobii.com/newsroom/press-releases?s=anand-srivatsa-to-step-down-as-ceo-for-tobii-ab

Re. the wife (or any partner) stopping you from buying SEE stock, I'd follow the advice of Mario Puzo (author of the Godfather novel): ""Never let a domestic quarrel ruin a day's writing (share buying). If you can't start the day fresh, get rid of your wife." Alternatively do what most do, buy in the hope of receiving their thanks after it's bought.

Jim, I have to agree with you. Mitsu will surely bid, presumably a benchmark price has already been tentatively discussed, albeit far from prying ears. However, I don't want anything official until we've got plenty of big Gen 3 contracts signed off and RNSd. This will rise very quickly then the first bid will come in. Hopefully, followed by others.

"Finally get a few wins under their belt"? The millions of cars with their tech on the roads are there as a result of wins. Still, I want more, I want it all.

#SpectacularSeptember #OrgasmicOctober #NegotiateNovember

Even Cipia managed to get bought before going bust, so I don't envisage SEYE will go bust. They'll be bought. Only question for me is if it happens before or after SEE.

There is increasing evidence that SEE is making progress in rail, so I'm also expecting news in this area. Mitsu is developing solutions in this area that will use SEE tech and SEE is working alone also. Still, for me, while Auto is sorted, Gen 3 Guardian contracts can quickly drive upgrades. I'm frustrated the Amazon trial success hasn't yet been communicated. I can imagine Bezos' minions telling SEE "We want it all...all your Gen 3 units for the next year." So, I also anticipate Mitsu building more production facilities to manufacture Guardian units. That will be another sign of how important SEE is to the future of Mitsu.

Once the RNSs start to flow we'll see upgrades and more brokers covering SEE. Everyone will want a slice of the pie. Not long now.

##SpectacularSeptember #RocketEmoji #Tothemoon #Bidfrenzy

Amazon+ Mitsu contracts for Gen 3, increasing production volume for autos, new areas of use with Mitsu, it has to be a Spectacular September, with cashflow breakeven baked in by the end of this calendar year. Redemption is close at hand.

#SpectacularSept to be followed by #OrgasmicOct

Baxter, you were too early into this stock as were all the long term holders – there is no shame in admitting that. But breakeven is surely coming, albeit much later than most of us expected. That will be the trigger for a huge rise but before then we do have some impressive Gen 3 contracts, which are now overdue.

Moreover, the long association with this stock enabled many long termers to buiild up positions that newbies will likely not match as they've not done the research to be all in on this wonderful opportunity.

Instead of moaning Baxter you should be buying every share you can lay your hands on while this remains hovering at 3p. DYOR of course - but then again, you prefer moaning to conducting research.

Big Gen 3 contract news ought to blast us past 4p (with broker upgrades) - even though Amazon will most likely not be named outright - instead probably described as a "US-headquartered ,global online retailer." Mitsu contract news, although less likely to "blow the bleeding doors off" the share price ceiling, could be augmented by a further announcement that production of Gen 3 is being increased with extra lines to meet demand. Of course, I leave it to those getting paid by SEE to do comms to fine tune these thoughts...lol. Anyway FOMO stalks the minds of those who've not yet bought enough SEE stock.

CFP time is running out....the wagon is rolling. Get your pants on and hop aboard. This could be your last chance to buy SEE at a bargain basement price. Baxter, you curmudgeon. Even you seem to have stopped moaning. Relax and enjoy the ride (as Keir Starmer said to the Ukrainian rent boy).