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Nice post Checkbutyoudon,
Buffett is so shrewd. The investment thesis for SEE remains intact as the business goes from strength to strength. Yes, the share price is a frustration but it can't be long before investors cotton on to what a great business we're invested in.
Yes, Lewbo, Ives knows and is filling his boots. Hopefully, the US event will persuade a couple more US funds to do likewise.
Admittedly, the comms from SEE leave a lot to be desired. Sinking the share price when there is so much good news coming is almost genius. I mean, who'd have thought news would be expected during results week with a stonking US event today? What are they paying a PR company for if not basic expertise that they don't have in-house?
That gripe aside, (thank god their business isn't comms) a little more patience is required. Thanks to the Italian job video (not to mention lots of research) we know what's coming and only those in need of cash will be selling. Martin Ives was a definite positive for me in yesterday's video. He gave an assured performance and is another smart dude. PM has done a good job up to now and the surly (suntanned?) bugger will surely deliver that aviation deal...I can imagine Pat on the phone to Collins Aerospace as I type this...
I'm still holding, despite the wife's annoyance. Although, I've had to stiffen my upper lip. I suggest others do the same.
Attending the Roth Conference seems like a great idea. Here are some previous success stories:
Moderna: Moderna, a biotechnology company focused on developing messenger RNA therapeutics and vaccines, presented at the Roth Conference in 2016. Since then, the company has made significant progress in developing a COVID-19 vaccine and has become one of the most valuable biotech companies in the world.
Unity Biotechnology: Unity Biotechnology, a company developing therapeutics for aging-related diseases, presented at the Roth Conference in 2017. The company has since gone public and is currently developing a pipeline of potential drugs for age-related diseases such as osteoarthritis.
DocuSign: DocuSign, a company that provides electronic signature technology and digital transaction management services, presented at the Roth Conference in 2018. Since then, the company has grown significantly and has become a leading player in the digital signature and contract management industry.
Zillow: Zillow, a real estate technology company, presented at the Roth Conference in 2011. The company has since become one of the most well-known and successful companies in the real estate industry, providing online real estate listings, data, and other services.
Teladoc Health: Teladoc Health, a telemedicine company that provides virtual healthcare services, presented at the Roth Conference in 2016. The company has since grown significantly and has become a leader in the telemedicine industry, particularly during the COVID-19 pandemic.
Of course, success is never guaranteed, and not every company that presents at the Roth Conference will achieve significant growth or success. Nonetheless, the conference has provided a platform for many innovative and successful companies to showcase their potential and connect with investors.
There's no denying the historic results were a slightly mixed bag. Fleet disappointed as we knew it had, with few sales due to supply issues. Those problems cost us and are undoubtedly why even Stifel hasn't upgraded its price target. Thankfully, PM got the Magna deal which gave us free cash to tide us over that bump in the road. With operational cashflow in negative territory to the tune of US$18.5m by my reckoning vs a P&L loss of US$5.4m, the Magna money has helped us immensely as we invested in R&D to grab global market share in our 3 transport sectors.
Looking forward I'd like to see the aviation deal signed sealed and delivered this week, as the Italian Job video indicated it was done. That should be sufficient to blow the doors off the price targets that the brokers have on us.
Auto is going well and further contracts are coming. Fleet Gen 3 should put Aftermarket in a different league. Overall I'm positive, if impatient, after all this time. Yet, this is exactly the time when an investor needs to hold on.
From here on in I expect newsflow that will lead to rapid upward share price momentum.
I fear that after next week this board is going to be swamped by day traders telling us all why SEE is a stonking buy. Then, a few weeks later, why we should be selling.
Imagine ten CFP clones on coke. Frightening prospect.
Time to buckle up, tune out the road noise and enjoy the ride to a ten-bagger.
You need to relax ISB,
SEYE are experts at talking up their contracts. You obviously didn't watch the Italian Job video last week. So SEYE have won their first fleet contract...well done. It's a huge market and someone probably chose them cos they are probably giving it away. Come March 8th I guess you'll be changing your tune.
Clearly, it was meant to be seen just by a privileged few. Still, the genie is now out of the bottle and working its magic.
"I have a dream...I have a dream that one day this nation of private investors will rise up and live out the true meaning of its creed: We hold these truths to be self-evident that one day PIs will be treated equally with fund managers..."
Cast off your shackles and grasp freedom...[that was a party political broadcast of behalf of underprivileged PIs].
He probably didn't want any punters giving up with Aviation news so close at hand and the derampers taking advantage to spread doubt among the nervous nellies. Let's hope we get an official announcement very soon.
Brockwl,
Thanks for the information. It was a positive update and the direction of travel is excellent. I did want to take issue with this comment, though: "Failure to do that, or find another licencing deal, will ultimately result in a delay to profitability, and a further rights issue. Resulting in significant dilution, and massive loss of gains for current holders."
For me, it appears the hard work has been done. It's a question of a steady acceleration now as SEE comes to dominate the global auto/aftermarket markets.
I believe that we're going to win huge contracts in Aftermarket and an Aviation licensing deal, never mind more auto RFQs wins so I'm not pessimistic about prospects. Honda, Stellantis, and VW were huge wins for us and Toyota will come too.
That's not to say cash burn isn't something to keep an eye on but it isn't a huge risk given the deals that are coming. PM and his crew seem to have learned from past mistakes and planned ahead most skilfully. I trust this will be clearer after the events in early March.
Peggy Wu, who jointly filed the patent works for Raytheon (US arms manufacturer) which owns Collins Aerospace. On her LinkedIn profile she is described as: "Associate Director, Strategist, Speaker, Author: Human Machine Cognition, Decision Theoretics, Mixed Reality for Earth and Space".
Can anyone explain why the patent is filed under Rockwell Collins and not Collins Aerospace? Apparenly, Rockwell Collins was acquired and is now part of Collins Aerospace. Is it a device to make it harder to track this patent? Well, done guys on finding this btw. All my research points to this really being an imminent announcement. [Calling last orders on single-digit share price]
No, the current share price is going to rise past 20p very soon imho as Mr Market realises we've contracts worth US$1bn and are a surefire target. Then £1 becomes far less of a stretch.
Look at the crap stocks that have risen 500% recently. Anyway, until it happens you're right and I'm wrong.
It's not delusional at all. We've got lots of contracts to come in auto, a huge Aviation deal and big fleet contracts that I believe will start coming through before the end of this financial year. We've all seen shares that have gone for many multiples of their share price in a bidding war.
Once they
Analysts cannot produce upgrades without contracts and figures. It's as simple as that.
We know it is coming but these analysts have to deal in hard facts and justify their calls to fund managers.
This RNS just gave us the sizzle, the actual sausage is missing.
I've looked at this for years, since it was circa £4! I even traded it in small amounts once or twice. The technology is interesting and it will rise again and stay there when it has decent revenues or is about to be bought. The problem with investing here is the risk factor. I've stuck with Seeing Machines because it is getting revenues and appears virtually risk-free (aside from a stock market crash). I'd advise you to take a look at it: www.safestocks.co.uk. You should dyor but it's a good place to start. The SEE board on here is also one of the best. Good luck. Apologies if this post annoys some but I follow GDR and wish you investors all the best.
The technology works. This is now as cheap as chips for a buyer and AGL seems to have a NED that likes doing deals. No imminent danger of going bust as they have cash. Surely some player wants this tech and has the ability to commercialise it more quickly.
15p Jan; £1.10p by Dec.
Should be lots of wins with Magna and QC coming through. I'm also certain SEE will make significant inroads into Chinese cars through its partners: https://www.chinadaily.com.cn/a/202208/30/WS630d6118a310fd2b29e74e3c.html https://www.chinadaily.com.cn/a/202208/30/WS630d6118a310fd2b29e74e3c.html