Member Info for Maplinman

Proof that Tesla DMS is pants, from 2023: https://news.thatcham.org/l2-dcas-assessments-report/

Elon Musk has been talking up autonomous cars for 8-9 years now. It seems to be still decades away apart from geo-fenced uses. Meanwhile, he is going to need Trump's tariffs to stop Chinese manufacturers from taking his market share.

As for his DMS, doubtful it can perform anywhere near the standard of SEE's. If his cars fail to get a 5 star NCAP safety rating because of that it will be a huge blow. £2bn is chicken feed to Musk and he should send a minion to CES to make the offer. When we announce breakeven on a monthly basis [in H2 2025 - before 30 June] the price should pop. Before then we have a lot of other potential catalysts for a re-rate.

GM should have bought SEE instead of burning that cash. Others must be thinking the same thing. 3.8p is cheap as chips.

Others must know about Amazon and the coming RFQs. Looking forward to CES and all the news that will bring.

I think this dude from Banca Generali was on the 2022 'Italian Job' video call with Paul McGlone. Clearly, him and his crew haven't been put off by the low share price - al contrario.

https://consulente.bancagenerali.it/web/gian-luca.marcucci

Perhaps the Pope is now a shareholder? Let's hope so: he's got some clout with the ultimate wealth manager.

Thanks for clarifying Aaron. So contrary to the doomsters' prediction, SEE is on target for breakeven. Working capital concerns put to bed. Confirmation and further positive news on contracts/license deals will see this fly. Oh what a time to be buying!!! DYOR, of course.

This is worth reading: https://gmauthority.com/blog/2024/11/automotive-ai-at-the-forefront-of-qualcomm-snapdragon-summit/

I believe that the pieces of the jigsaw are starting to come together. From what was recently said at the Qualcomm Investor Day about a very recent win for its ‘BMW stack’ with a new OEM, it appears that General Motors has gone big for Qualcomm with Seeing Machines providing the OMS/DMS. I wouldn’t expect SEYE to benefit from this move. Indeed, I’m guessing that GM has come to its senses with this development and that Martin Kranz is better at putting out press releases than dominating the DMS market. SEYE is back on the bench, brought on for 5 mins and then taken off to let the superstar deliver...and it will.

Hi Terry,

I didn't quite understand your question re. the Qualcomm Q&A. The extract I referred to was earlier in the presentation. QC has jointly developed with BMW a 'BMW stack' that it appears to be selling to other OEMs. I assume it is cheaper foundation ADAS offering that each OEM may to tweak if it wants. I'm hoping Chinese OEMs will go for it.

Good to see that Qualcomm is putting DMS into Indian cars. TATA to driver fatigue. https://www.autocarpro.in/feature/qualcomm-devises-cost-effective-adas-chip-for-india-120183

Seems SEE's partners are going for it: Valeo has this DMS/OMS for trucks/vans, using side pillar (pages 9/10): https://www.valeo.com/wp-content/uploads/2024/09/press-kit_valeo-IAA-transportation-2024_20240910.pdf

Nice work Terry.

I noticed in yesterday Qualcomm Investor event SEE were shown as a partner and BMW will be launching multiple models in 2025 using QC 'stack' that includes SEE DMS. Moreover, the presenter mentioned that in the past month QC has won its first OEM based on the BMW 'stack'. I have no idea who this is - would be great if it is BYD though. Watch from 1hr 35mins: https://www.qualcomm.com/company/events/investor-day

ISB you are a fine one to criticise me for ramping. You're another flip flopper, who alternates between ramping and deramping. Are you now in or are you out? As Aaron pointed out there is plenty of scope for contract extensions between now and 2026 - Stellantis alone has lots of different marques. Are you seriously telling me that big name Gen 3 Guardian contracts, such as landing Amazon, won't push the price of this stock up substantially, given the gross profit margin on those units?

Besides, the market looks forward. Just winning further auto contracts that go into production after 2026 will positively impact the share price and the size of our pipeline.

It is becoming clearer with every passing month that Seeing Machines is the market leader is one of the hottest sectors in automotive. Did you watch the shambolic SEYE presentation today. Martin doesn't even dare give the number of cars on the road. Instead he focuses on the opaque 'design wins'. He even tries to paint losing BMW to SEE as a positive!

A license deal will make it impossible for derampers to play on cash concerns that the management has directly addressed.

I place my trust in Seeing Machines management, their strategy and the clear superiority of its technology. Otherwise, I would have sold out.

Brockwl, you're a trader: in out of this filly faster than horny Bojo fueled by viagra. Are you out now? If not, why did you reinvest? To ride the wave to 10p? I wouldn't trust a word that you write.

All SEE needs is one big licensing deal and this will fly. I feel sure that Stifel must be explaining to multiple fund managers the impact of the Euro NCAP news and that license deal would prove the rampy loons who thought SEE was worth 300p weren't mad after all.

If Victoria can go from £12 to 63p in 3 years, I see no reason why SEE can't go from 3.5p to 35p in 6 months. After that £1 won't be a stretch with the Aviation product and Gen 3 sales booming. Then we get that long-awaited bidding war. I envy those newbies coming into this now, they will probably think they have the Midas touch.

In a world full of flip floppers, cynics and liars, we need men of integrity who are prepared to stick their necks out and tell the truth no matter the cost. Not Corbyn but Safestocks...lmao: www.safestocks.co.uk

@Aaron, good point. Though, I still cannot believe Toyota will leave it until 2027 as their NCAP safety rating in Europe will suffer in 2026. I'd also love to know to what extent SEE is penetrating the Chinese manufacturers through its partners. Though a tariff war looms re. Chinese exports with Trump in the White House.

The law kicks in on July 2026 but NCAP is judging the cars beforehand. After all there is a lag. This is huge news and all good for Seeing Machines. It has been what has held up the auto RFQs. Now the laggard OEMs will be rushing to implement if they want a 5 star safety rating. There is only one very fast solution that meets the criteria and Magna has it certainly with SEE is my understanding.

One journalist who has invested and written about lots of stocks and commodities. It's clear he thinks this stock is peculiarly undervalued. I happen to share that belief. And in truth so do you or you wouldn't be hanging round this bulletin board hoping to buy it as cheap as you can...lol

Blackcap,

Safestocks gets some predictions right - admittedly not all. Besides, unlike you he does do research.

https://www.safestocks.co.uk/2023/12/31/5-predictions-for-2024/

M1Rob,

I must have missed your prediction. Did you refer to the share price? Oil price? Any chance you could copy and post it here with the date? Thanks.