Member Info for Maplinman

Hi Jazz,

Unfortunately, sometimes management (in any company) needs to be encouraged to do the right, or even sensible, thing (Just look at our government!) Even those with the most power to do so, won't lift a finger to help. In the case of Seeing Machines Institutional fund managers won't do it on our behalf.

A case in point, Stifel notes are very hard to obtain and most PIs won't manage to obtain them. I think they should be available for free on Seeing Machines' website from now on. There is a cost to the company for doing so. However, those broker notes are marketing tools and many of us PIs have done and continue to do a lot of marketing for the company for free.

It's also very short-sighted not to try and promote the company to new private investors. Broker notes are a great way to do that. That is why many other AIM companies provide their House broker notes for free on their websites, such as DeepVerge: https://www.deepverge.com/investors/

I'd urge you all to contact the company and request that they put up Stifel notes on the website. If necessary provide other examples to them. Thanks.

Schnorrer,

It's meant to be constructive feedback as opposed to doing naff all.

Australia is far away but sometimes it seems like SEE is on Mars when it comes to obtaining clear information on the progress that is being made by this global tech leader. I'm tired of reading about other companies being overvalued when we are massively undervalued. At the risk of being boring, here are 6 simple actions that SEE can take to help us to go past 20p by Xmas.

1) Engage a quality City PR firm that has a track record of raising the price of tech stocks. It will have the guts to tell SEE where its PR strategy needs to be 'tweaked'.
2) Engage a quality broker to replace Cenkos. They must publish regular notes to a high standard and help management to communicate a strategy that convinces more fund managers to invest. If you can't afford Morgan Stanley, another will do.
3) Announce an auto contract win - you don't need to name the OEM so you won't be breaking any NDA. And don't forget to include some figures in the RNS.
4) Announce an auto contract extension. They are clearly happening and investors (and potential investors) need to know that progress is being made. And don't forget to include some figures in the RNS.
5) Give us feedback from the Investor Roadshow to US funds. Surely some more funds are buying in - so tell us about it! You can obtain details of holders below the 3% threshold.
6) At the presentation of the results update us on the auto strategy going forward. After 4 months you must have a clear idea of what your strategy is regarding the deluge of auto RFQs you are dealing with. Clarity is required after the comments made in previous interviews.

Do you think Seeing Machines should get in touch with his financial advisors? We've been going 20 years and the market has yet to accord us a US$1bn valuation.

Yes, a few months have passed since that interview so we're owed a comprehensive update. I'm sure McDelivery won't disappoint.

Anyone else looking forward to Paul McGlone's 'strategy update' on the 24th? I know I am. If he does a good job answering the questions he posed in this interview at 13minutes we could be 20p+ by Xmas! https://www.youtube.com/watch?v=7PP9JOOuaOI

Of course, I'm expecting some heavy lifting from Stifel (or should that be Stifle?) and Panmure Gordon.
Apparently, Panmure Gordon is still covering Seeing Machines, although it has not published a note for quite a while.
As Stifel does not provide PIs with its broker notes, should any of you obtain one please do post some information on here -- the price target would be nice. Back in Jan this year it killed the price rise with an 11p price target when the price was 12p!!!

As for Cenkos, I assume they'll withdraw coverage -- although I've heard someone suggest otherwise.

There is a huge positive here. Any takeover will be much easier dealing with just one combined nomad and broker, particularly one based in the US. QC can't hang around too long as eventually they have to reveal their auto wins in detail. At that point the penny drops around the globe and SEE shoots up. Far, far better to make a move sooner rather than later imho.

I bet Amon wasn't too happy when Magna tried to eat his Arriver lunch. He looks like a guy that kills for food. 50p might do it before Xmas but once SEE RNS all those auto wins/license deals in Aviation etc the price goes up . Picture PM as Liam Neeson renegoitating with QC after Xmas and all the CES news.

https://www.youtube.com/watch?v=6OMkGg2HdUw

Here is a link to brokers covering Qualcomm: https://investor.qualcomm.com/stock-info/analyst-coverage

This is the sort of coverage Seeing Machines should aspire to. We need more independent brokers covering us.

This is the sort of coverage Seeing Machines should aspire to. The fact we have only one broker covering us now is disappointing imho.

Look at QC coverage https://investor.qualcomm.com/stock-info/analyst-coverage

Notice any name. beginning with 'S' missing?

The next few weeks should be very good for SEE Terry. And SGreen well done on making the arguments.
Vindication is now in sight for us long-term holders. I fully expect a host of new faces to appear soon, telling us what we've known for years. Kids today, hey?

I'm hoping that PM announces a bullish update on the future strategy, flagged in his last interview, on the 24th. Cenkos' Bunce better get Duracell batteries in his calculator and Stifel need to remember how to turn on the PC - it has been that long since they've put out a note on SEE! Co-ordinated well, the combined comms could really make this share pop, on top of one or more big auto-win announcements.

Yes, Terry, exactly.

Back in 2017 so many industry pundits were saying we'd have driverless cars very soon. The good folks at SEE were so far ahead of the game it isn't funny. Millions around the world will soon be indebted to the Seeing Machines crew for their accident prevention technology, which is going to dominate this market. I just wish Cenkos could paint the bullish big picture in their next note!!

Given that the article was written over 4 years ago it is scarily accurate. Still, it is a bit naughty of the ABI to put it up like it is a recent piece.

Anyway, this is a nice quote from someone who, in retrospect, had bigger crystal balls than the ABI.
"However, even Tesla admits that there are problems to overcome—the software needs further validation and
the appropriate regulatory approval needs to be in place. Indeed, recent crashes of Tesla vehicles and Google
cars confirm that the software isn’t ready yet."

The original article was posted up on Safestocks years ago:
https://www.safestocks.co.uk/2017/04/27/driving-to-the-future/

Long-term investors in Seeing Machines were right but a little ahead of the investing crowd.

Great that SEE acted so promptly and put out an RNS today.

Now we need:

1) Cenkos to quantify the US market opportunity this legislation opens up for SEE and to reiterate the fact that it is the global leader.
2) A chunky auto RNS. Time to bury the myth that SmartEye is the King of DMS. The smarter SEYE investors (are you reading this joker?) will then jump ship. The next RNS needn't be VW, as QC probably wants to save that for the 16th, or even its auto event at the end of the month. Choose an extension contract or do a little something with Mr Fisker.

Just keep the momentum flowing -- even news from LA Motor Show and teasers about CES would keep this rising. So much to choose from even without a deluge of Qualcomm-led wins; confirmation of extension contracts, technical advances, new customers for Guardian. 'If in doubt, put that news out', should be the mantra from now on.

Here's to 20p to 40p by Xmas, dependent on newsflow as ever.

We surely must get an RNS next week talking about the market opportunity opened up by the passing of this bill. And while they are about it, how about putting out a press release stating "US$150m contract signed with premium German OEM" on the 24th November? Even if Qualcomm won't like it, SEE has an obligation to its shareholders to announce wins -- QC can announce first on 16th, if they can be bothered.

"Truth is like poetry. And most people ****ing hate poetry." That's why we've got Johnson as PM.

Hi Terry,

I think this is at 8.45PM tonight. It might be at too high a level to give much detail on OEM wins for us though: https://investor.qualcomm.com/news-events/events

Hi All,

I'd like to suggest that we try and co-ordinate the "pre-screened" questions that we ask management at the Investor Meeting on the 24th November at 8am. The reason for that is to aid discussion among us PIs and ensure we get the most out of the meeting.

Personally, I'm keen to know exactly what strategy the company has decided upon going forward, as per Paul McGlone's last interview. I'd also like a clear understanding of what the cost/revenue implications are along business lines over the next 12 months as a result of that.

If we don't coordinate our questions, the danger is that only the easiest questions get chosen and we go away from the meeting with too little information to guide our decisions. I'd also like to see a fair amount of time given to live questions oafter Paul's presentation. Many other AIM companies have done this on their Investor Meet results presentations. It helps the PIs to better understand the company and it helps the companies make a case for investment.

The share price here won't rise much until the market is clear that Seeing Machines really has cracked auto, aviation is set to fly and fleet is expanding massively. It's incumbent upon Seeing Machines to demonstrate that with contract news with meaningful figures attached.

Among us we have some very smart financial experts who can doubtless suggest far better questions than me. However, to get the discussion rolling, I'm keen to know:

1) Why auto contract news isn't being released. Have there been delays signing? Are there other issues? Is Qualcomm leading the development team s on many projects ? Does this impacttisclosure?
2) I want more information on the Shell deal. What is it likely to be worth, over what time period? How will payment be structured? Does it involve the development of a 3rd gen Fleet product?
3) Following the US Investor Roadshow, have US funds been buying SEE stock? (See's brokers would know)

I love the sentiment Soulboy. You are aptly named.

My belief is that if Qualcomm reveals all the business they and SEE have won in November, it then becomes crystal clear that SEE will be a A$1bn turnover company by 2025. Huge regular, predictable revenues and profits are a heartbeat away and insiders must know this even more strongly than most investors here.

At the point that it is communicated to the market via confirmed contracts, the SEE share price rerates and a world of possibilities becomes possible. With the sort of PR SEYE pumps out this would already be 25p+. For instance, if handled skilfully with actual figures supplied, the Shell RNS could have doubled the share price.

What needs to be remembered is that the moves that are coming have taken 20 years to come to fruition. Enough of caution and patience. It's high time the value of Seeing Machines IP was recognised. We just have to pray that the fund managers holding this stock are smart enough to realise the intrinsic value of this stock. I'm sure Katie Potts does.

By some accounts SEE's tech is a damn site better than Mobileye's was when it was bought by Intel. Maybe Colin could opine on that sometime.

I'm certainly disappointed by the lack of news from Seeing Machines re. the online investor roadshows. Obviously something big is going down.

In the meantime, this interview with CEO of Smarteye is well worth watching. Best bit so far is at around 19m30secs, when one of the interviewers asks 'Why is there so much M&A in auto?' Watch Martin's face as the fellow guest explains that it's a way to catch up when you've missed the boat on a trend (earlier in the interview Martin reveals he bought Affectiva for its occupant monitoring capabilities). A delicious moment in a very frustrating month.

https://www.redeye.se/video/event-presentation/822356/smarteye-ceo-martin-krantz-presents-at-redeye-autotech-seminar-oct-6-2021?utm_source=video&utm_medium=email

Lewbo, yes good point. Funnily enough, I was just reading that Tesla has avoided problems re. chip shortage, partly because of its vertical integration and its ability to negotiate effectively with suppliers. Certainly makes complete sense for QC to take SEE soon as it makes SnapDragon Ride a super stack.

Seeing2030, that comment made me smile. I hope you're not psychic!