Member Info for Maplinman

That was a joke. I bought a few more.

I'm selling up and buying into an arms dealer....

We got a solid update today and the share price failed to respond - so what's new? I was hoping for contract news tbh but do believe we will have it soon. SEYE had nothing to report or they would have been boasting like crazy.

My guess is the contracts we were expected to have signed haven't been yet. I personally see no reason to lose heart, especially as more and more independent brokers are coming to the conclusion that Seeing Machines is a solid buy. Market vagaries and geopolitics are making life harder for us (not to mention people across the world) but I see no reason to lose heart. Have faith in your research and if you haven't done any don't invest too much.

Ignore the Ukraine spat. Just Russia letting the US and its poodles know they can't walk all over Russia and the ethnic Russians that live in the Ukraine. Hopefully, if the US and NATO negotiate seriously, Ukraine will stay out of NATO and this will blow over. (Ukraine is a long way away from sleepy Joe's electorate but not from Russia).

In any case, it's a buying opportunity and the great news is that SEE is starting to get more independent broker coverage, which means more funds will be buying. Tomorrow is going to be a good day, at least for SEE.

Star,

There was never incontrovertible proof of Russian involvement presented, just a lot of propaganda that our servile media ran with, as per usual. Remember Iraq's ghost chemical weapons used to justify illegal Iraq war?

Of course, Putin puts down internal dissent and isn't a nice guy. However, in international politics he is quite rational.

Speaking of abhorrent use of chemical weapons, this is a historical fact: https://en.wikipedia.org/wiki/Rawalpindi_experiments#:~:text=More%20than%2020%2C000%20British%20servicemen,research%20centre%20in%20southwest%20England.

Nonsense, Russia merely wants to prevent aggressive NATO expansion into Ukraine with anti-Russian forces in its backyard. Surely US knows this, as it wouldn't permit Russia putting missiles and troops into Mexico. Given the track record of NATO in Afghanistan you'd think US and UK populations would have more sense -- sadly, the politicians that pretend to represent them don't.

As to Genedrive, it has fallen too far. Just be patient and wait for news. It will come. The technology is first rate.

It seems that most Western politicians also have a problem with the word 'imminent'. I'm willing to bet that SEE will produce huge wins in auto, fleet and aviation long before there is any Russian invasion of Ukraine, even before further aggressive NATO expansion into Ukraine :)

Thanks Inphobe. Good to have some information exchange here.

I take it the people who don't hold do like the technology that this company has? I'm very keen on the ability to screen babies for the gene that predisposes them to lifelong deafness if certain antibiotics are used. This must be a growth area as we all want personalised medicine.

Boris Johnson is taking a pretty big risk just to try and rescue his own sorry chops. What happens when out of the billions who are unvaccinated around the world a new variant emerges? Not me ramping but WHO: https://www.indiatoday.in/coronavirus-outbreak/story/next-covid-variant-more-infectious-than-omicron-possibly-deadlier-warns-who-1910627-2022-02-09

Markets are getting more volatile. Still, I think this is just a tree shake in the absence of hard news. So far as I can make out the business is doing very well. As Peter Lynch reminded us, “in the long-term, there is a 100% correlation between the success of a business and its share price performance”.

While it always feels bad to temporarily relinquish paper profits, a bargain-basement price could solicit a cheeky bid. If SEE were to RNS it (hint, hint) I feel sure the share price would respond, as would other bidders.

Pv2,

Just to be clear: the press release from Smart Eye said: "Smart Eye receives a new design win for driver monitoring system (DMS) from one of Europe's largest car manufacturers. The estimated revenue for the order is SEK 50 million based on forecasts for the estimated product life cycle. The potential for additional orders for this new platform is estimated at SEK 500 million.

http://www.corp.smarteye.se/sv/press/pressmeddelanden/press-detail/?slug=smart-eye-erhaller-en-design-win-fran-en-ny-stor-europeisk-biltillverkare

It was Redeye who decided to guess it would be worth SEK550m. Given the failure for past contracts to grow (JLR + AUDI) you'd be unwise to make the assumption SmartEye has. I admire your faith in SEYE.

If it is Stellantis, maybe Chrysler? https://247wallst.com/special-report/2021/09/12/this-is-the-worst-car-brand-in-america-2/

Re. VW, my skepticism centered around comparing a first tranche of A$125m to this A$7.5m taster as if they were in any way comparable. And no I don't think it is VW, more likely Dacia. Time will tell I guess.

Separately, guys and gals, don't take it personally but I don't think anyone who has held this stock for less than 5 years has the right to ***** about the share price....lol.

The Redeye note defies logic. VW has the first tranche of A$125m then a 2nd at A$7.5m? C'mon Redeye.

Okay, second guess...Stellantis, one of its crap brands. SEYE investors should by now have twigged not to believe the hype.

The only good news is that even its young analyst doesn't dare mention the words 'King of DMS'.

See's reign will be short only because it will be taken over by a mightier power. Hard to believe it is currently valued at sub 9p but then we don't have very efficient markets. Proof of how crazy they are? This woman is selling her farts for US$1000 a jar: https://www.forbes.com/sites/brucelee/2022/01/08/90-day-fianc-star-sells-farts-in-jars-then-suffers-health-scare/?sh=2846ea7036fc

Brockwl,

I wasn't arguing against having a model but, as you yourself have admitted, you don't have the necessary data for it to be realistic. Worse, you're applying share price targets on top which, while it may comfort you, aren't grounded in reality.

At this stage, you might as well get a fag packet out and scribble something on the back for it is likely to be as accurate as any share price target you come up with.

Brockwl,

I admire your chutzpah.

How can you be confident that you have created a financial model that can predict See's share price years in advance? Even trained financial analysts get it wrong most of the time and that is just predicting a year in advance.

Certainly, it's clear that as we grow revenues will increase massively later this decade. Where I really differ from you is the likelihood of a bid long before then. The Bosch bid being a case in point. If the price offered is attractive, say £1 for argument's sake, Institutional Investors will be happy to sell.

SEE are the best, I believe, as I've had it confirmed from a variety of sources external to SEE, some of whom have good, even intimate knowledge of their rivals. Colin Barnden also thinks so and he is the most expert independent industry analyst that I've encountered.

Re. takeover, I think it will most likely happen when the bulk of the immediate batch of our auto RFQs is assured, which is certainly this calendar year -- probably the bulk comes over the next 5 months. I think, as Paul McG suggested in a previous interview, that by this June future revenues stream will be far more transparent and predictable.

That said, Magna and QC have an inside track and know months before it will be RNSd the contracts that SEE are set to win. It would be odd if they didn't try and bid early before we rocket up on firm news. Still, as others have said, they are unlikely to be the only bidders; Amazon, Alphabet and Apple can all use SEE tech for everything from transport to robots. Intel, AMD and Nvidia also want a piece of this pie.

A$1bn auto pipeline, with huge Fleet growth, aviation to come and other sectors eager to take the tech. It is going to be a fascinating few months. Maybe we should have a bet on which month the bid comes in? This has to pop this year.

Btw, do you think a bidder will wait until we list on Nasdaq to make a bid? I doubt it.

Boris Johnson is a reckless, corrupt and incompetent bugger. A new Covid variant is a real probability, given 3bn unvaccinated people on this planet. GDR has the tech to benefit from this: https://www.theguardian.com/world/2022/jan/28/uk-covid-vaccine-stance-global-vaccination-levels-reckless-experts

Testing isn't dead. Indeed, the world may never be the same again.

https://www.understandinganimalresearch.org.uk/news/research-medical-benefits/the-increase-in-zoonotic-diseases-the-who-the-why-and-the-when/

I can resist anything except temptation, Baxter. I am willing to be that SEE will be bought before Shergar does a lap. What odds are you offering?