Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Thanks Terry. SEE has now entered a blackout period and Ives can't buy any more stock...lol. Expecting lots of news flow in August so calling last orders on 5p. Just time for a last swift half for many at these prices.
Here's an idea, why don't Seeing Machines put out an interview with Ives, explaining why he has put £440k of his own hard-earned into the stock? It could inform the world why SEE is a value play that is set to go ballistic in a relatively short time from today.
Alternatively, cultivate a good journalist national media journo and get them to cover it. Separately, maybe Robert Llewellyn of Fully Charged fame might want to highlight the Oz company that is making future electric cars super safe.
Glandore, you sound almost positive today. Don't forget Reader's Digest was persuaded to commission that article, it wasn't vanity publishing. Could it be that investing in SEE could soon be seen as a no-brainer by ordinary mortals?
This Reader's Digest article gives SEE some publicity: https://www.readersdigest.co.uk/lifestyle/motoring/how-driver-monitoring-is-coming-to-every-car
I'll admit upfront that I've never been invested in a share that has undergone a share consolidation and done well. Too often it is an excuse for poor management to then go on to dilute existing investors and eventually wipe them out. Xeros Tech is a case in point - but AIM is littered with them. A NASDAQ listing is a different matter though and I know GW did well out of it but, crucially, it did well before it.
As to liquidity, that should improve as the price rises and I'd seen the poor liquidity as a result, not the cause, of our low share price. I know most US funds won't look at a company with a market cap below US$1bn - indeed, many UK funds have issues with smaller companies. I've spoken to many fund managers about SEE over the years and the reasons many gave for not investing was market cap and the fact it wasn't profitable.
When SEE is clearly profitable and the price rises, to say 20-25p I really don't think 'liquidity' will be an issue.
I'm not an expert in this, so I may be completely wrong and am grateful to MAJOR for opening up this discussion. It's what these boards really ought to be about in order to help us all.
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/
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.