The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yes, most of us got the price predictions pretty wrong this year. However, one thing we got right is that Seeing Machines is going to dominate the DMS/OMS space in auto and fleet and similarly with pilot monitoring. The intrinsic value of this stock hasn't been recognised by Mr Market. He'll come round to our way of thinking very soon. CES should be a great opportunity for Magna and Qualcomm to boast about wins, by which time at least 1 or 2 auto contracts should be signed. DYOR of course but most of us know that now isn't the time to lose faith in the great research that has been done by holders of SEE.
I looked very closely at this share a couple of years ago but didn't find the proposition compelling. I've lost and won on AIM stocks, so I'd echo the sentiments of mountainous. It can be a real gamble.
At the moment I'm winning on one called Seeing Machines (SEE), yet it has been a helluva ride. If you've still got the appetite, do take a look. The regular posters are pretty clued up and it's definitely on the cusp of flying. Imho you could get back some of your losses over the next 12-18 months. However, dyor. Good luck, anyway.
No way is the 'cost of living' crisis baked in. It has barely got going. This was clearly overvalued at £10 and it is still overvalued. Flooring comes a distant second to food for most people in the UK these days.
However, if you want to make your money back and more besides, take a look at Seeing Machines (SEE). It's the best board on LSE and spend 10 minutes there and you'll not regret it.
Cenkos has raised its price target to 25p because SEE is derisked as a result of the Magna deal. It has taken BMW and Audi from Smart Eye. With its partners, it is going to continue to win the vast majority of the auto RFQs that are still to be announced. In addition, it's Fleet operations are starting to really scale while Smart Eye has no traction in that market whatsoever.
Anyone looking at the history of your posts knows you are playing games. Present serious arguments and we'll listen.
Berenberg needs to update its figures to include the Magna news. As SEE has been derisked with the Magna deal I'd expect some upgrade. Panmure's Sanjay Jha did have a 28p target once upon a time but got burnt so he'll maybe wait until we win Toyota or get that aviation license deal. Berenberg should upgrade this week or early next, I hope. There are also other analysts watching. As the share price rises expect them to jump on the bandwagon.
Hopefully, we're also now on the radar of the brokers covering Magna.
Seeing2020,
I loved those answers. Liz Truss and KamiKwasi need your services in deflecting the media.
I'd certainly like to know if SEE DMS definitely has the ability to detect alcohol impairment and if any OEMs are currently evaluating it. That seems an important feature that Tim said its tech was capable of a few years ago. I know the US market is huge on it but even the EU has legislated for alcohol interlocks (okay, we know it won't have much impact on French drivers ;).
Furthermore, if anyone OEM using it how will it work? There are some delicate issues as we don't want to be stranded after the Xmas party.
If anyone from Seeing Machines is visiting this board, now might be a good time to release some news. Doesn't have to be anything that big. Something that shows increasing revenue generation would be timely - a fleet contract for example. What we don't want is a photo of some exec having a photo opp with anyone, unless it is Paul McGlone toasting a takeover offer from Christiano Amon ;)
Seeing Machines needs to be bought by a company that actually has the resources and insight to fully develop the vision that the founders had. Apple, Amazon or Alphabet - Apple would be my favourite in that order. QC will do though...lol.
I just wish SEE in its PR would push that vision much harder. Investors love that sort of thing and it's not a construct, Tim et al really have deep, deep insights and visionary thinking as to where this technology could ultimately go.
Please SEE, do one video on this for fund managers looking for the next big thing.
Thanks JC, much appreciated.
I must admit to being very disappointed by the lack of official newsflow, particularly as the London event was only cancelled late last week. The subsequent price drop is less of a surprise, all things considered.
JC,
Interesting research, thanks. Might the patent also be applicable to these possible uses from Thales: drone management + marine ****pit? It seems that SEE's tech has so many uses.
https://www.thalesgroup.com/en/search-everything/all?search=eye-tracking
Although the meeting has been postponed, SEE should follow the example set by Charles III and secure their throne asap by issuing the news that they had prepared for next week's presentation. After all, It beggars belief that PM would have come to London last week, and gone to all the trouble and expense of arranging a presentation, if there really was nothing to announce.
If they don't it will give all the cynics and knockers an opportunity to say that there was no news to announce. That isn't good for the reputation of the management or the share price.
I agree that postponement, while a nice gesture, was unnecessary. London Bridge has not fallen and business as usual continues. I think the Queen would expect the UK to 'carry on regardless' in the best tradition of British comedy. Thus, there is nothing preventing an RNS being issued on the 13th September.
That said, the vast majority of UK citizens are saddened by her passing. Perhaps it resonates as we all mourn people we've loved. She lived through WW2 and was respected. Certainly, the Queen was a giant among the pygmies who have ruled us during her time on the throne. I say that as a staunch Republican btw.