Member Info for Maplinman

Glandore,

To cut a long story short, you have no idea what the auto numbers will be and aren't willing to make any predictions. That's fine.

Cash flow breakeven on a monthly basis is forecast for FY 2025. See's Pat Nolan delivered the aviation deal, PM got us a great investment from Magna along with the rearview mirror. We have Gen 3 being sold and are going to hit 3m cars on the road this financial year imho. As usual you're spouting without having done much research.

Sir Alf Ramsey came in for a lot of stick before England won the 1966 World Cup. Nervous nellies need to stick with SEE as they are the World Champs at DMS.

A couple of RNSs and the price will rise. This stock is far less risky than it was 6 years ago when Bosch wanted to buy it.

Well, you doubtless saw the discussion started by Aaron and my view that we hit 3m by the end of this calendar year. I think Colin Barnden is playing it safe as doesn't want to give away his special sauce for free.

What disappoints me is the knockers on here refusing to put forward any figures/research. Some of you, not all, are better than that.

DT has presided over the failures that have led to the fall in price over the last couple of years. It would be logical if institutional holders held him responsible and want control and him gone. However, this is all speculation on my part. They might just have written this off already.

Colin Barnden appears to have confirmed he expects SEE to have 2m cars on the road (COR) by end of June. "We can watch videos of the new Ford, GM and Stellantis models on YouTube and see for ourselves how this plays out. Re: production, let's see who gets to 2M first and go from there. Probably achieved this quarter, to be in the August KPIs, and May KPIs likely to give some big clues to progress in Jan-Mar quarter."

I think 3m COR looks very achievable by the end of this calendar year. All looking good for take-off. Just need those RNSs to come in this quarter. Can't be long now.

Is Amati resisting the privatisation of this company? Certainly, it's going on the cheap.

Nice post Sandy. Made me chuckle. I don't really want to meet some of these characters on any shopping trip. I suspect they'd try and convince me to avoid my prospective purchase so that they could nab it. Years of research has convinced me to be overweight in SEE, and the business is progressing at pace.

Glandore,

If you've got better numbers please provide them as I'm sure fellow investors would like to see them. The numbers I gave weren't total numbers for VW, they were for Western Europe only. They don't even include US numbers and we know VW is launching DMS into that market.

Apologies to Seeing2020, I should have referenced Seeing2030 in my previous post.

VW is gradually putting SEE DMS into into new cars and is already ramping up production. I think 3m cars on the road with SEE tech is likely by calendar year end and SEE has already produced expected cumulative numbers in the presentation provided by Aaron. I'd respectfully ask for other calculations from those who doubt this number. Aaron has done it, I've done it. They are in the best position to know what is coming.

Seeing2020, you're wrong in stating that all OEMs won't go beyond the regs, some already have. That includes Mercedes, BMW, GM and Ford. Those that haven't are playing catch up on safety. Japanese OEMs are lagging behind and that's the main reason I am certain we can expect positive contract news from Japanese manufacturers.

I appreciate a sceptical approach but I see no reason to be negative. Imho, it would be a shame if private investors sold out too early based on a muddle-headed view of SEE's prospects. The share price should shoot up like a coiled spring once the KPIs for existing contracts and further contracts are announced. That is close at hand. Of course, DYOR.

Re. Commercial vehicles I've provided a link to the numbers VW produces in my previous posts.

Btw, in cars with Ford Blue Cruise, such as the Mach-e, the DMS works whether or not you buy the Blue Cruise subscription.

Glandore,

To take your questions in reverse order.

Yes, only mandatory on new models in Europe (not just Western Europe) after July 2024 and all vehicles from 2026. However, VW is going beyond the minimum requirement. I don't know of any other supplier to VW - does anyone? Do you have an alternative suggestion on the numbers we should be expecting? Thanks.

I should correct my earlier post. That number on VW for Western Europe is approx 230k a month and for deliveries. Ignoring seasonal discrepancies that's 700k a quarter in Western Europe from VW alone. Still, we should push through 3m this calendar year. [The figure for total VW deliveries in 2022 is here https://uploads.vw-mms.de/system/production/files/cws/039/908/file/5295283008465dfc3a4f950412999d935db88e51/20240112_Deliveries_Tables_incl_BEV.pdf?1705049819

It includes some trucks but I think the 700k figure per quarter in Western Europe is a useful benchmark. Keen to get views. Thanks.

Great work Aaron,

The VW figures are consistent with VW sales in Western Europe alone. They really are going to have a huge impact on the KPIs and will leave Smart Eye lagging far behind. We should smash 3m vehicles on the road this year. Given VW provides monthly updates on its sales figures, these number shouldn't come as a surprise to the industry.

Sceptics can take a look here at VW monthly sales figures: https://www.volkswagen-group.com/en/deliveries-to-customers-15741

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.