The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
This is quite interesting: https://global.honda/en/newsroom/news/2024/c240315eng.html?from=RSS%3Ffrom%3Dnewsrelease_area
I like the tech here but have stayed out because of the need to raise funds and further dilution. I assume a bigger raise is coming soon, probably on the back of positive newsflow. Worth keeping an eye on, certainly. Good luck to all long-term holders.
Colin + co can hardly be accused of ramping. They are well researched and gets their info from pretty reliable sources. Give it a few more months and you'll be wishing you'd paid more heed to their analysis. The best time to buy is when something is on sale. And boy, is this stock on sale.
It's a crazy world at times:
- SEE at 5p
- A coke addict ruling Ukraine and losing NATO's proxy war v. Russia
- US backing genocide by fanatics in Israel
- A walking corpse (Biden) running for re-election in the US
- Trump becoming a billionaire from the stock market.
SEE is worth £5, not 5p. Paul McGlone work your magic.
This retracement looks like a buying opportunity if you have the cash. Ukrainian attacks on Russian oil facilities are becoming more desperate as it continues to lose the war: https://oilprice.com/Latest-Energy-News/World-News/Ukrainian-Drones-Hit-Russias-Third-Largest-Oil-Refinery.html
Separately, Israel is doing its best to start a war with Iran (with US help), as it continues the Gaza Genocide. That has to push the oil price up: https://english.almanar.com.lb/2077374
Anyone care to suggest a price for AXL if the oil price rises to $150+? Israel seems determined to widen it genocidal campaign by invading Lebanon, which will spark off a major Middle East war. It has been reported that it has put March 15 as the date. The IDF has apparently denied it, which means it is probably true: https://www.timesofisrael.com/liveblog_entry/idf-said-to-deny-lebanese-report-on-march-15-war-ultimatum/
To those thinking this will drop back down to the 18s, I have one word: 'Netanyahu'. I'm increasingly convinced Israel will attack Lebanon and set off the mother of all Middle East wars. That has to lead to a spike in oil prices and we'll rise as a result.
Dream Machine, there is another big difference between the 2 companies.
Smart Eye is covered by one extremely amateurish 'analyst' who seems to know less than some posters here about the financial state of the company. [He seemed to be trying hard to get that information in today's presentation though]. By comparison, Seeing Machines is covered by a growing number of seasoned pros from Stifel, Panmure, Peel Hunt, Singer and Berenberg. Consequently, I'd argue that the risks one runs by investing in Smart Eye far outweigh those of investing in Seeing Machines.
Unconvincing presentation from Smart Eye. What was funny was Martin looking at his feet when telling porkies. He stated: They will fund interior sensing developments from the profits from DMS....doesn't seem to realise they aren't making any profits and aren't likely to giving their tech away for US$3. They also refuse to divulge quarterly KPIs for cars on the road with their tech. Another raise seems just around the corner as even their boy 'analyst' must realise.
Meanwhile Stifel have confirmed, SEE doesn't need a fundraise and all is tickety boo: www.safestocks.co.uk Whoever bought at 4p yesterday got a bargain.
Thank you Baxter,
I look forward to buying you a pint of San Miguel when this ugly duckling has turned into the swan I believe it really is. Till then, I'll picture you as dour Joe from Love Actually: https://www.youtube.com/watch?v=29OnxnW5luo
Very amusing CFP. You made me smile.
I look at this investment with a critical eye and I see nothing to damage my original investment thesis. See is H2 weighted. I'm expecting further auto wins, more Aftermarket deals, BDMS revenues and an aviation product with Collins. What's to worry about? As for monthly cash burn, it has been reduced and we have sufficient cash to last till we turn cashflow positive. Now, I will be keeping an eye out to ensure it pans out the way I expect.
I'm constantly researching into this to ensure I don't get blindsided, act on confirmation bias etc. I thank all the negative posts on here for keeping me sharp. On March 8th, I get to see the H1 figures - great. There was nothing produced today that is a cause for concern as I know why the auto figures didn't increase as much as expected. Re. reducing cash burn, Ives is doing exactly what he promised.
What would worry me is a) an poor aquisition before breakeven b) an IPO at the top of the market. Aside from that I can wait a few more months for this to multi-bag. Doubtless you and the other knockers will increase their holding as the KPIs shoot up this year and we win more contracts. If not, it will be me with egg on my face.
I wouldn't panic because the auto figures went down very slightly for one quarter, there are relatively few models being produced and so any issue in even one model would account for the relatively poor figure today. VW is going into production and as Colin Barnden has explained that will: a) boost KPIs b) prove that the rear vw mirror is the way to go for many sceptical OEMs.
I also don't forsee any issue re. cash - we apparently have sufficient to breakeven. At least 2 analysts are of the same mind.
Brokers want your shares now as it's clear to the pros that this is going to be a winner. I'd advise even the nervous nellies to wait a little longer before throwing the towel in.
Lombard Odier's stake has reduced from 13.88% to 10.91% following this raise. Isn't that a negative, as they didn't top up their holding? Yes, the company has more money from the raise but how much is it after fees? For me this is too risky.
News doesn't look good. Many years ago I was into this. Feel for investors here but management has spaffed so much money away over the years. Good luck to you all.
Baxter,
Nice bit of research. I agree there is more that could be done to promote this company. It's the job of the PR firm to explain this to Sophie et al as that is their area of expertise, not hers. For instance, how is it that we're not hearing about marine trials? It's in the job title and JD of some people at SEE. The 'Italian Job' interview also proved that fund managers get told things that we PIs don't - that's unacceptable. I'm very confident we'll win more auto contracts and I feel quite strongly that were PM to look through his desk he'd find it possible to get the PR firm to publish price moving news (not necessarily RNSs) every couple of weeks. Shell, Coca-Cola, BDMS, new features in auto, buses, trucks, rail, Aftermarket orders.
I hear that SEE management do want the price to rise. Well, ensuring that happens will require a comms plan and the release of information that is available to a select few. I fear that currently the external investor comms is part of a box ticking exercise. We need to build up momentum. Provided we don't embark on a costly acquisition, this company is heading for profitability this year. That message need to relentlessly driven home to investors and prospective investors. What better way than by actually telling them about wins, developments and customer satisfaction using case studies etc.
We're all big boys and gals here....you should be big enough to take responsibility for your own mistakes and not blame others. "He made me do it..." sounds even more pathetic coming from adults than 5 year olds.
Personally, bulls turning into bears when the business is stronger than it has ever been is a sure sign for me that vindication is close at hand.
Silly me, I missed that. It's a bit of a leap by itself to assume they're working on a product but with the knowledge that they've done trials it looks like it may be on the roadmap of future developments. Maybe after SEE has been bought. :)
Hi Boon,
Thanks for the link. However, I couldn't see any information re. a marine product. Can you explain in more detail your thinking and the reason? I've long thought marine was perfect for See's tech so it would be great to get concrete proof. I know trials took place a few years ago but since then, silence. A licence deal with a T1 seems the obvious move but I don't know that industry.