Member Info for Maplinman

I just checked and it is showing 3 zeros....Get it fixed SEE!

If you scroll to the bottom of that page it gives even more detail. I love this bit in the Japanese translation: "When an increase in drowsiness level is detected, it gives a pleasant stimulation with nostalgic music and vibration, and maintains a state of arousal." They've invented a bonkmobile! Perfect for ageing lotharios with more money than sex drive.

Yes 2020, I was too tired to bother giving exact link but on this page: https://www.toyota-boshoku.com/global/special/ces2019/aces.html there is a video. Watch from about 40 secs onwards where it details "Active Driver Engagement System: when the system senses you are getting drowsy, it will comfortably keep you engaged with nostalgic music and vibrations". If it looks, smells and tastes like SEE it probably is SEE (especially given what we know about its involvement with Nexty who are part owned by Toyota. Oh, to be at CES 2019!! How about an RNS?

There will surely be lots emerging out of CES 2019 to please us. Here is the Toyota CES micro site: https://www.toyota-boshoku.com/global/special/ces2019/

I've just seen this re. Veoneer CFO leaving. Clearly we're not the only ones peeved by slow pace of auto progress: https://news.cision.com/veoneer

Let's hope next year's for you and me and SEE hits 30p. All the best to all of you.

Clearly IIs are not buying the narrative coming out of SEE - and frankly, who can blame them. I'd suggest that Jack needs to wield his influence to ensure that we get clarity on funding and Fleet. If PI selling is bringing this down it is only because IIs are refusing to buy. We are at an impasse, Brexit style. Clearly, someone has to tell the boss that it's time to change tack, apologise to shareholders and do the decent thing.

2020 Mercedes S Class will feature Fovio: https://mercedesblog.com/confirmed-all-new-2020-mercedes-benz-s-class-will-be-capable-of-level-3-autonomous-driving/

Magneti Marelli at CES 2019: https://www.magnetimarelli.com/press_room/news/magneti-marelli%E2%80%99s-%E2%80%98smart-corner%E2%84%A2%E2%80%99-named-ces-2019-innovation-award-honoree-vehicle

Colin Barnard was absolutely right to stress 2019 as the year of DMS. Let's see what else we can discover about CES 2019 over the next few weeks.

Interesting acquisition here by a Tier 1 Magneti Marelli of a company that does DMS: https://www.greencarcongress.com/2018/08/20180803-mm.html

Supports my thesis that SEE very likely to get taken out soon. Unfortunately, at 4p the first bid for SEE could be as low as 12p. I don't think most IIs and founders would accept anything lower. That would still be a huge premium but hardly reflects intrinsic value based on future earnings from OEM car contracts. Incidentally, I believe the future value of those contracts is not reflected accurately in any broker estimates from Cenkos (Cannaccord's are even more out of date).

I expect lots of good leads will be coming out of CES 2019. Funny how in this article the experts reference Cadillac CT6 without mentioning Seeing Machines.

https://www.cta.tech/News/i3/Articles/2018/November-December/Car-Smarts-The-Future-of-Vehicle-Tech.aspx

Great find DaddyPig

Apparently, it is a small group of MEPs, who are objecting to that paragraph and want it deleted. Clearly it is being orchestrated by some organisation.

Where's your evidence for that S7eve083? I can't really see it myself.

WHL,

My takeaway from that article was that Mix don't appear to be marketing Guardian at all. It is high time Seeing Machines explained why that is. I'm hoping that we will get a telematics partner that can actually sell Guardian for us in due course. Lytx et al appear to be eating our lunch with inferior products.

I should add that there are also perfectly reasonable explanations for the fall. Revenue warning on fleet and now concerns about funding, no new auto OEMs for a few months, macro and Brexit concerns. Who could blame a management for accepting an offer of help from private equity if they can't get a suitable deal to grow business and support from IIs? Similarly, if a big company offers to take SEE to the next level and pay a premium over the current share price it would have to be considered. We'd lose out but we're bit players.

Hopefully, my fears are unfounded and this is just a bad moment before the next auto OEM is announced.

I'm not a lawyer but look up the history of Parseq. I held that. Great company. Lots of odd things happen in the world of investing. I'm sure other experienced investors can furnish other examples of inexplicable share price falls followed by takeover or MBO.

Thanks Tinware. Interesting point. All the political uncertainty isn't helping on that front, I'm sure. Moreover, Christmas is volatile at the best of times. I'd like to see Cenkos put out figures beyond 2020 as that's when auto revenues really start to climb. Yet, I guess the analyst knows they'll be shooting up on the next auto contract announcements.

My greatest fear is that someone takes advantage of the price to make a low-ball bid or could an MBO even be a possibility? The appointment of the NED, seems to say no to the latter. However, Veoneer et al could pick this up (or take a big stake) on the cheap. Look at Microlise and TRAK, for example.

We had a new NED today and I doubt she'd have joined if things were going totally pear-shaped. If any one has any intel to the contrary please do share. However, I'm getting tired of reading the wimpering of some about the share price. This isn't a nursery. We want opinions backed by analysis, better still facts. Lewbo is beyond reproach in my books.

This is the 2019 version of DriverFocus

https://www.planetsubaru.com/subaru-driverfocus.htm

I've got a strong suspicion that Subaru will be moving to SEE tech in these 2020 models. 2019 Subaru Outback used some other DMS but, as we all must know by now, Takata tie in meant SEE lost out to rivals previously even though its tech is the dogs bollocks.

https://www.torquenews.com/1084/subaru-could-reveal-next-evolution-safety-system-2020-olympics