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Seems there is a large discount for loosing a CFO but little or no premium for adding one back !

Seeing Machines Limited Luke Oxenham appointed Chief Financial Officer

Source: UK Regulatory (RNS & others)
TIDMSEE

RNS Number : 1415J

Seeing Machines Limited

03 December 2018

Seeing Machines Limited

3 December 2018

Luke Oxenham appointed Chief Financial Officer

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Group"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, is pleased to announce the appointment of Luke Oxenham as Chief Financial Officer (CFO) and a Director of the Company with immediate effect.

Luke is a senior financial executive with over 25 years of accounting and finance experience. He has previously held CFO roles at several ASX listed companies including Genworth Mortgage Insurance Australia Limited and infrastructure business Intoll Group. He also held senior positions with responsibility for investor relations and risk management at Macquarie Infrastructure Group, one of the largest developers and owners of toll roads globally, and Deutsche Bank, as well as key commercial positions at National Australia Bank and insurance and financial services group Promina.

Luke has substantial experience of integrating business planning, business performance and capital modelling and of accessing various sources of capital from the debt and equity markets. He also has substantial experience in developing and implementing business strategies across organisations and over multiple jurisdictions.

Ken Kroeger, CEO at Seeing Machines commented:

"Luke's appointment further strengthens the experience and expertise of our senior management team, following our recent appointments of a Chief Operating Officer and General Manager of the Group's Fleet division.

"Luke is an accomplished senior finance professional and brings to the CFO role at Seeing Machines a blend of commercial, financial and investor relations experience that will significantly complement the capabilities of our leadership team as we implement our growth strategy and address the substantial and growing demand that is emerging for our driver monitoring technology."

Enquiries:

SP fall seemed to coincide with recent posts on Thales/SEYE maybe coincidence maybe not

SP rally just died

Yes of course, and Mexico, SEE is truly a global player for such a small market cap company.

This company is about to take off in my view either by organic growth or take over

That square red button with camera on doesn’t look like SEE’s picture but could be a variant maybe

Could mean Waymo using SEE, BDMS maybe ??

Yes a very positive interview, the next 6 months sounds exciting . SEE are building solid foundations to move forward and Patience will be rewarded in due course. Looks like more aviation deals coming with auto slightly delayed but on the cards

We have to take into account BIG TECH has been slaughtered in this recent correction, companies making billions in profit down 20-25% so SEE with profits still in the distance was bound to be hit.
The market seems to have a positive tone this morning so lets hope with this RNS we have bottomed at last

What we have all been waiting for, the start of positive RNS news

For me this para re Aviation gives hope of news to come soon

The Aviation business is developing pioneering solutions to provide training and monitoring solutions for the industry's OEMs, airlines, simulator manufacturers and console operators and I'm excited to see such significant progress which will soon be affirmed with commercial engagements. Growing global pilot shortage, coupled with the projected increase in air traffic has propelled the aviation proposition and seen Seeing Machines work closely with the world's biggest aviation industry brands.

Thanks Terrym, i only post when i see something worth passing on re ‘L2’.
It has been a bad day on the market today looking at the US closing numbers, i do hope like many others here we can get some positive news flow re ‘SEE’ this week and see 6p in the rear view mirror !
Good luck all

Strong order book going towards the close, could break 6p

This could put AGL way out in front of the competition and create yet another large earnings stream

https://mobile.twitter.com/semicast_res
Paul Hansen is the most authoritative commentator on automotive electronics (30+yrs).
@seeingmachines
' entry in the Oct18 ed. matters-it raises awareness of SM at US investment houses & VCs in a way UK-authored broker notes simply cannot. Key moment here.
(link: https://www.seeingmachines.com/wp-content/uploads/2018/10/Hansen-Report-October-2018.pdf) seeingmachines.com/wp-content/upl…

Veoneer down 16% today along with many other stocks, the market is punishing any slight misses in expected results or delays in execution.
With both Amazon and Google missing Wall St estimates today its looking like a rough ride ahead.

Buying @ around 6.08 this morning it a steal, couldn’t help myself

From the Hanson Report,
The FDM chip is supplied by Xilinx. Depending on volumes and what features and functions are required by the OEM, the systems sell in the range of the low- to mid-hundreds of dollars.

Am I misunderstanding this in relation to your figures Lewbo

This Hansen report has given me confidence again that much work is going on in the background and only a matter of time before good things start to happen. Now is the time to invest in SEE before the market wakes up to the future tech star.

Anyone make any sense of the trading today, glad the SP rose but couldn’t see what was going on. Bid is still only 6 but closing mid of 6.25, a spread of 8.3%