Member Info for MikeyInvester

What vehicles are seeing machines in?

Seeing Machines provides driver monitoring systems (DMS) and other advanced safety systems to a range of vehicles, including:

Commercial Vehicles: Seeing Machines' DMS technology is currently being used in commercial vehicles, such as buses, trucks, and heavy machinery. Some of the customers in this sector include Caterpillar, John Deere, and Greyhound.

Automotive: Seeing Machines has partnerships with automakers such as General Motors, BMW, and Mercedes-Benz. Their technology is being used in some of these companies' vehicles to enhance driver safety and provide features such as lane departure warning and drowsiness detection.

Aviation: Seeing Machines has also developed a DMS system for use in commercial aircraft. They have partnered with companies such as Boeing, Airbus, and Emirates Airlines to provide technology that can monitor pilots' attention and alert them if they become fatigued or distracted.

Rail: Seeing Machines has a partnership with Bombardier Transportation to provide DMS technology for train operators.

Mining: Seeing Machines' technology is being used in mining vehicles to monitor drivers' fatigue and distraction levels. Some of the customers in this sector include BHP, Rio Tinto, and Caterpillar.

Overall, Seeing Machines' technology is being used in a variety of vehicles across different industries to improve safety and driver monitoring.

Thought I'd check this company out but seeing the latest accounts, think I'll give it a miss.

CLN death spiral
Third party default
Loans converted and handed to subsidiaries with very little chance of repayment
Liquidity issues
Low cash balance which means further funding from shareholders likely.

I like the recycling idea, it may be it will be bought out with an RTO, if they can get some decent contracts in place, it's a shame but think this is heading sub 1p in the coming months.

Be careful and check the accounts carefully before investing, DYOR

I'd be interested to know how many shares people are holding on here as a cumulative total.

I currenty sit at just under 200k shares in my personal ISA and 46k in my SIPP

The dude writing safestocks clearly got it wrong, its chat gpt lol, i reckon we'll see 8.6p before a further decline, fully expecting a bullish trend reversal after the next dip though!

6.4p Jan 23 & 11.6p December 23

Not sure why I'm seeing some posts mentioning delays on accounts, there is no delay... FY2021 was submitted in June 22, next accounts are not due until next year. You only need to check companies house if you want to see them.

So I applied for 1.2mill excess shares via Halifax and I have been awarded 135,716 additional shares and 67,858 warrants, so all in all £67.86 of shares, hardly worth it lol

https://www.asktraders.com/analysis/why-supplyme-syme-shares-plunged-7-7-on-offer-closing/

https://www.ftadviser.com/investments/2022/08/11/investors-remain-concerned-by-global-supply-chain-issues/?xnpe_tifc=4DnXbIoD4.xjh.UL4I1db9psafeWaeiWhFWARf46bfU3t9ELVuQ1bfpNbf88VkeZRdhWauecbdocbdScEfASbuYDbub8b.VlOkn8xDQubXTT&utm_source=exponea&utm_campaign=Lunchtime%20Bulletin%20-%2019%20August%202022&utm_medium=email

Truth or not, you only have to look at the size of Taulia, we are in a niche market where its likely to expand into hundreds of billions across the globe by 2025, a company like Apple is worth over 2 trillion in just over 10 years, don't rule out the size of this company too soon, I think you'll be surprised when SYME is up and running.

Good luck all SYME long term holders, and yes I'm significantly down with an average price of 0.0042 but I do expect this company to do well long term, remember why you invested, the fundamentals haven't changed!

Anyone with large numbers of shares should set a high limit order sell of say £1 on their shares to stop them being used by shorters, it works really well if large numbers of holders work together to remove the availability of shares.

Hey, does anyone know how to take up the open offer via Halifax share dealing? Struggling to find any information on this, only change to this platform at the end of 2021, no corporate actions are shown and I'm looking to take up the offer. Any help would be much appreciated!

Hate to say it Blubutton, I've been trading this on the basis of crypto downtrend, the PEN token becomes more worthless as the price of btc drops, so I would say, yes we are currently tracking crypto pricing a little, I know we have other investments but satoshipay is the main for me

4.16 billion shares, £3 per share is unreasonably high target, we would be extremely lucky to breach £1 a share.
The top end being very bullish and optimistic, I feel we could get to 70p per share, still significant upside from here though. Adding on the larger dips and increased my shareholding by 100% in the last 2 months. It very possible we SEE further downside from here, markers likely to tank further in the next 4 weeks.

https://www.msn.com/en-gb/cars/news/traffic-deaths-in-usa-rising-at-record-pace-nhtsa/ar-AATJ4EO?ocid=EMMX&cvid=fc16b2c0280149ea95dd3e8b5096573d

What are your SP predictions going forward - 2025 and beyond? What PE will you apply?

https://www.trademeplus.com/resources

Looks like TradeMe+ has partnered with Taulia, they have the funds to do what SYME is trying to do and they will probably beat us to it!

DR777, I don't wish to speculate I'll just wait until we have the confirmation, I've mentioned a list of manufacturers/models which it could be ... there are plenty of others not on that list.

Sipps1, they said we believe not that it is VW, they aren't sure due to NDAs, seems like $125mill isn't much for a big manufacturer like VW though... I expect a VW contract to be worth hundreds of millions, I guess it depends what lines it's applied to if any.

Shallwe, maybe you should haha... bin me so I don't have to see all this ramping! I'll just continue to load up on the dips and will laugh in the rampers faces as the SP drops. 4 years from now the SP will be in a different place

Seeing2022 , my original post was reasonable and polite, only when I'm met with backlash I get ****ed off. I've done my research and just because I've only been in the share approx 12 months doesn't mean I'm any less researched on the company, I've put in many hours of time to ensure my investment pays off, which I believe it will. Clearly the market doesn't believe its VW otherwise our SP wouldn't be dropping.