Member Info for Maplinman

Welcome, modestly named 'Wise Investor'. You've chosen the right share to invest in if not the best way to exert influence in this group. Still, you'll be remembered for your chutzpah. Please do invite your friends...I expect to see lots more day traders visiting this forum over the next few months.

Please, if you wouldn't mind my asking: what your source for the information that Guardian Gen 3 won't be officially launched until December 2023? Thanks.

I read that as effectively soft launched with established customers. Still, opinions are cheap: what I really come here for is a bit of research. Terry sets the standard for that, along with a select few. Always love to gain insights from TLS, MajorLong, Lewbo and Seeing2020. GB was class also. Stephen talks a lot of sense too.

It's fine to moan but, for gawd's sake, I think the business itself is doing very well. PM and his crew deserve credit for that.

View on the Devant collaboration plus news on why there have been auto RFQ delays: https://www.safestocks.co.uk/

Lewbo,

You're certainly right about the DMS not being up to snuff. It only got 10 out of 25 points according to the test scores. That is the same as the Polestar 2. https://www.euroncap.com/en/ratings-rewards/assisted-driving-gradings/

Peel then reiterated that 12p price target and maintained its 'Buy' recommendation on the 18th May, following the Collins Aerospace deal. An upgrade can't be far away imho.

In a note published on May 5th, 2023 Peel Hunt had a price target of 12p on SEE.

Here's a past Safestocks piece with the information from the 'Italian Job'. Unfortunately, the video link no longer works for obvious reasons: https://www.safestocks.co.uk/2023/02/24/collins-aerospace-license-deal-is-imminent/

Some of the brokers are clearly pumping out instance responses to the news BEFORE updating their models for the impact of the Aviation licensing deal. I assume that their salespeople are nevertheless giving their institutional clients the hard sell, since they make their money from that side of the business. A few weeks hence, when their institutional clients are safely in, should we expect upgrades as their updated models on revenues and profits from Aviation are released?

Am I being overly cynical or realistic?

Aaron,

I hope that the analysts issuing notes on SEE following this news possess your keen insights. They all ought to be upgrading on this license deal they have little or no money in their models for aviation as it stands.

Tom,

I'm in total agreement. This is a huge deal and royalty payments info will be very important. I'd like more clarity on this at some stage. Hopefully, Stifel or one of the other brokers will divulge more details. The stool now has 3 legs. Any other share would double on this news but of course, most don't get it. Savvy fund managers must though. Congrats to Pat, PM and the rest of the SEE squad.

Hi Muggins,

Thanks, yes you're right about cash being paramount. Until there is a more clarity and I feel confident that this company can survive I'm staying out. Too much risk. If you want an almost risk-free return take a look at Seeing Machines.

Still, I do like the tech and am watching this.

Scarlet Vixen, there is no need to insult me, day traders like you are two a penny. it's not about revenues it's about profit.

It doesn't have 10m income, its own broker (Turner Pope) wrote in April that : "the Board presently concludes that full year 2022 revenues will likely be in the range of c.£7.75m to £8.60m, compared with the figure of £17.20m provided by the previous executive management team." It's going to make a pre-tax loss and has £1m in cash as of 17th April.

A fundraise must surely be needed and soon. I assume this is the pump before the raise is announced. I may be wrong of course. DYOR etc.

Has anyone actually got any news re. this stock? I assume the rise is speculation of a fundraise. However, won't any raise be highly dilutive and possibly result in a share consolidation? Thoughts anyone?

Well, I think SEE has to a) Get the aviation license deal(s) b) Hit its numbers on Aftermarket c) continue to grow auto revenues, and win those RFQ contracts. If it does that the buyers will surely come.

To be fair, I think auto contracts are being delayed by OEMs making up their minds. It's not SEE's fault.

It seems that analysts are becoming more bullish on Seeing Machines, even as some of us private investors get the collywobbles at the lack of contract news: www.safestocks.co.uk

This is a good buying opportunity and I've taken it. Seems there are plenty of projects to get excited about and Moloppo seems to have whetted the appetite of some players.

Here's the link to the full article: https://unearthed.greenpeace.org/2023/04/18/serabi-gold-mining-brazil-amazon-disputed-land/

Btw, I love this on Serabi's website: "Serabi Gold is a pro-active environmental manager who consults with Government and the Community to ensure that it is a responsible corporate citizen and that the environment is protected for future generations."

I had no idea that Serabi Gold is doing this. How can anyone with a moral compass support this?

A UK company is mining gold in the Brazilian Amazon on disputed land

A British company is mining gold in the Amazon without the permission of the federal land agency, on disputed land, with licences contested by state agencies, and before a nearby Indigenous community has properly been consulted, an investigation by Unearthed and partners has found.

Serabi Gold, which is listed on London’s AIM and the Toronto stock exchanges, has been blasting open 4.5m wide tunnels at the Coringa (Joker) site in Pará state, and last year began trucking ore for processing at a second mine it owns 120 miles away.

“Everything [regarding this project] is wrong,” said Ana Carolina Alfinito, a legal consultant at Amazon Watch, a nonprofit organisation working to protect the rainforest and Indigenous people. Serabi told Unearthed it is “completely comfortable” with its legal position, complies with the Brazilian legal mining framework and has all the necessary permits for Coringa.

and we get. news of a fundraise? Call me a cynic.