Member Info for Maplinman

Sorry, that first word should have been Stifel, not Berenberg.

Berenberg needs to update its figures to include the Magna news. As SEE has been derisked with the Magna deal I'd expect some upgrade. Panmure's Sanjay Jha did have a 28p target once upon a time but got burnt so he'll maybe wait until we win Toyota or get that aviation license deal. Berenberg should upgrade this week or early next, I hope. There are also other analysts watching. As the share price rises expect them to jump on the bandwagon.

Hopefully, we're also now on the radar of the brokers covering Magna.

Seeing2020,

I loved those answers. Liz Truss and KamiKwasi need your services in deflecting the media.

I'd certainly like to know if SEE DMS definitely has the ability to detect alcohol impairment and if any OEMs are currently evaluating it. That seems an important feature that Tim said its tech was capable of a few years ago. I know the US market is huge on it but even the EU has legislated for alcohol interlocks (okay, we know it won't have much impact on French drivers ;).

Furthermore, if anyone OEM using it how will it work? There are some delicate issues as we don't want to be stranded after the Xmas party.

In a note published on 30th August this year, Jesper von Kock (the Redeye analyst) stated: "The Toyota procurement will be finished imminently". My mum always used to caution: "Be careful what you wish for."

If anyone from Seeing Machines is visiting this board, now might be a good time to release some news. Doesn't have to be anything that big. Something that shows increasing revenue generation would be timely - a fleet contract for example. What we don't want is a photo of some exec having a photo opp with anyone, unless it is Paul McGlone toasting a takeover offer from Christiano Amon ;)

Tindaloo bhai. Very, very spicy for you curry lovers.

Hi BuySellBuy,
I know a few people are talking about that special ingredient you mentioned. I'm therefore eager to compare recipes for the special sauce. Feel free to email me at maplinman3@gmail.com

Seeing Machines needs to be bought by a company that actually has the resources and insight to fully develop the vision that the founders had. Apple, Amazon or Alphabet - Apple would be my favourite in that order. QC will do though...lol.

I just wish SEE in its PR would push that vision much harder. Investors love that sort of thing and it's not a construct, Tim et al really have deep, deep insights and visionary thinking as to where this technology could ultimately go.

Please SEE, do one video on this for fund managers looking for the next big thing.

Thanks JC, much appreciated.

I must admit to being very disappointed by the lack of official newsflow, particularly as the London event was only cancelled late last week. The subsequent price drop is less of a surprise, all things considered.

JC,

Interesting research, thanks. Might the patent also be applicable to these possible uses from Thales: drone management + marine ****pit? It seems that SEE's tech has so many uses.

https://www.thalesgroup.com/en/search-everything/all?search=eye-tracking

Although the meeting has been postponed, SEE should follow the example set by Charles III and secure their throne asap by issuing the news that they had prepared for next week's presentation. After all, It beggars belief that PM would have come to London last week, and gone to all the trouble and expense of arranging a presentation, if there really was nothing to announce.

If they don't it will give all the cynics and knockers an opportunity to say that there was no news to announce. That isn't good for the reputation of the management or the share price.

CFP please double your meds and take a day off today.

I agree that postponement, while a nice gesture, was unnecessary. London Bridge has not fallen and business as usual continues. I think the Queen would expect the UK to 'carry on regardless' in the best tradition of British comedy. Thus, there is nothing preventing an RNS being issued on the 13th September.

That said, the vast majority of UK citizens are saddened by her passing. Perhaps it resonates as we all mourn people we've loved. She lived through WW2 and was respected. Certainly, the Queen was a giant among the pygmies who have ruled us during her time on the throne. I say that as a staunch Republican btw.

Thanks Lewbo et al,

Stellantis is huge and so was VW. Totally nuts that this stock is 5-6p. GM Ultra Cruise is also using QC - that is a huge contract that I understand has been decided but maybe not signed - or is QC going to unveil for SEE on 22nd September?
https://www.designnews.com/automotive-engineering/gm-employs-qualcomm-power-ultra-cruise-hands-free-driving

As you've pointed out Lewbo, on 22nd QC should reveal much more about the penetration of 'its' system in cars.

I'd urge investors to try and attend the SEE event on the 13th. We need to be there in force to mingle with analysts, staff fund managers and the 'faces' among PIs. If you've got serious money in this it is a no-brainer to attend. We can have a collective debrief after. If you're a novice you'll still learn a lot and the PIs here are a friendly bunch.

I've been looking at a lot of transcripts from QC results and presentations today. It provides a lot of granular detail on the automotive front, re. Stellantis/VW wins - which clearly encompasses not just one or two models or marques but their entire ranges. For example, Christiano Amon makes this clear re. Stellantis in this quote: "And you can see in our design win, for example when Stellantis come out and said, I selected Qualcomm across 14 different brands, it's not about I got this model." The link is here: https://seekingalpha.com/article/4515864-qualcomm-incorporateds-qcom-ceo-cristiano-amon-presents-bernstein-38th-annual-strategic

This in no way has been explained by SEE - nor could it, to be fair. SEE isn't driving these deals but helping QC, among others.

QC can't be in favour of SEE themselves putting auto news out when they want to put a certain spin on 'their' digital chassis system winning everything. Moreover, until PM is given a contract and officially signed it he certainly has no option but to keep very quiet.

That said, when existing contract programmes are massively expanded I don't understand why SEE can't update the market and put that into forecasts. It would help investors better understand the tremendous potential that is baked into the tech.

I'm certainly hoping for more granular detail on wins that SEE have under their belt with QC. For instance, at a Bank of America event, CFO Akash Palkhiwala provided a lot of detail on the extent of the VW win. Here's a link to it: https://seekingalpha.com/article/4517284-qualcomm-inc-qcom-presents-bank-of-america-2022-global-technology-conference

The bit I really liked is this: "And I'll give you an example of Volkswagen, who recently decided to use us for ADAS across all their brands. So they'll use us for the lowest tier brands all the way up to Audi, Porsche and the reason why we are in a great position is we can give them one platform, one software line that can be used across all those cars. And that's going to be unique and differentiating for us as we look forward."

Re. sector consolidation, Safestocks wrote this in June: "The sector is certainly ripe for M&A deals. Even peripheral DMS players are starting to be bought. In fact, one took place late in 2021, with Lattice Semiconductor acquiring computer vision company Mirametrix. The latter has a rudimentary DMS and, according to unnamed sources, went for a ‘huge multiple’ in a private deal. You can see its offering here: https://ir.latticesemi.com/investor-overview/presentations".

The link is here: https://www.safestocks.co.uk/2022/06/29/will-seeing-machines-likely-nasdaq-listing-elicit-a-bid/

The game is afoot.

My bad, it's another Rodney Stewart. Rushed research is sub-par. Apologies.

It can't be long before the three-legged stool becomes a chair. Here's a bit of research that mentions marine from SEE tech wizard Rodney Stewart: https://www.mdpi.com/1424-8220/21/13/4289/htm

Lots of interesting information here for the more technically inclined (please translate for me!)

Nice review Terry,

It seems the slight shortcomings of Activeglide are down to the implementation of SEE tech, not the tech itself. Still, it's way ahead of Tesla and should improve. As we all know, even a basic DMS would prevent tens of thousands of accidents each year.

I'm looking forward to the SEE presentation on the 13th in London.