Member Info for MrBB

Love your optimism Tony

Positive for the future,momentum gathering,strong inference of additional models & there automotive revenue exceeding current contracted amounts,world leaders,first Rail revenue ( although no announced contract),5500G2 unitis shipped in July, reference to our presence in Japanese market ( pity unable to announce a contract to coincide with update),Fovio growing in momentum for multiple applications ( the jewel in the crown ?)
Revenue within revised trading range but towards lower end, suggesting revenue visibility not as clear as I would have hoped (& we all know that it is best to exceed expectations) , reduced margins(due to hardware cost over runs disappointing,but hopefully finished now),no mention of prospective Fleet pipeline ( previously referred to as in excess of A$200mil),no guidance for current trading period ( despite 5500 shipped & therefore invoiced G2 units), & I appreciate that it is too early in the period to forecast revenues-especially after the inability to do so with any accuracy for 17/18.
We will almost certainly need more cash before break even & a placing to an industry investor/investors could boost our SP , & credibility ( eg if Intel took 15% for $50-$60 mill our SP would probably double immediately)
All in all very positive for the future with momentum building strongly , although our SP may pause for a while , with much depending on broker/analyst sentiment towards us & it is about time our house brokers stepped up to the plate.
Perhaps our new CEO elect will buy a substantial number of shares today too

Very positive broker note posted to CRU website. FY19 projected dividend of 0.70p (6-7%yield),PE of around 6-& That does not include any contribution from our new (& as yet not installed) recycling plant . CRU have disappointed with monotonous regularity over recent years & have been slow to update the market so it will take a few months & more positive trading statements before our Sp responds very positively but we may slowly recover from a low base .I may buy more but appreciate that I may regret it

Interims & the divi declaration at end of next week will determine how far the re rating will go

We are unlikely to remain independent by the time that dividends could be considered !

A8-do we take your more benign & most helpful postings as a sign that you are ( for now ) invested back into SEE-for the time being ?

Mildly encouraging but still only broken even in FY18 .Perhaps if positive progress continues throughout this year a dividend will be restored but it will take much more positive news for our SP to regain the heady heights of 20p +.
Perhaps JG wil look for an exit as the year progresses to put us all out of our misery?

Fact that Chairman happy to invest £100k @ around 100p suggests that he is not expecting a reduction in our SP -while obviously not being in possession of Insider Information

Friday s news of a "modest" contract in China has been rewarded with a decline in our SP but I would expect an increase in newsflow ( assuming we have news worthy of an RNS) ahead of Interims in Sept.KK will be very aware of the disappointment caused by the delay in shipments of G2 & consequent reduction in his revenue forecast & will be keen to make amends -if possible.Many long termers here probably hold as many shares as we want , for now , but for newer investors ,still building their positions,our currently weak SP could present them with an opportunity to build their positions further.I am keen to hear news that our new Chairman elect has taken a decent initial holding ( he can afford it , although he may be restricted by being an Insider & the fact that we are probably in a closed period.
Disappointed with our current SP performance but remaining optimistic & of the view that transformational news could be released at any time

Great news & positions us very strongly to take a decent % of the North American market.We have come a long long way since the days when the majority of our revenue was derived from unregulated markets.I would have thought that any existing shorts would be scrambling to close.

Hopefully the growth rates recentkybannounced will hopefully continue & we will have a clearer view of Kennys plan for world domination -& particularly our expansion plans in North America.Also interested to hear of any plans he has to reduce the retail estate further .

So possible error in the RNS in the 5 hasnt yet been announced although apparently a done deal ?Toyota or Honda would be most acceptable.

Not high in monetary terms ,based on initial expected revenue ,but another endorsement of our technology in the potentially massive Chinese market.Additionally revenues expected to start flowing earlier thansome of our other contracts which will help improve our FY 2020 ( ie our next FY ).
Very encouraging & still hoping news of a Japanese contract apart from the now long awaited Rail & Aviation contracts.
Great start to Friday !

Good point Seeing2020 & some would say the only way to make a serious amount of money investing is to go "all in " on one stock which you really believe in & has the potential to dominate its market resulting in a mulibagging SP.Of course Warren Buffet & most fund managers would disagree as there is also a reasonable risk of total wipe out-if all goes horribly wrong.

Lovely dream Haveagoodday-& if it comes to pass most of us here would be very happy & likely to have many more even better days .

The potential for our being a successful company & therefore investment relies on expected newsflow over the coming weeks/months together with our Results(presumably due in Sept) & outlook statement.
Hopefully our revenue in FY18 will be at the higher end of KKs revised (& lower projections) & we will have also signed 1 or 2 more key contracts before Results .After last year I suspect that KK will be a bit more conservative if pressed for FY19 projections as by Sept he will only have 2/3 months to go by, (& much can happen in 9/10 months).
I personally believe that if we continue growing , winning market share & signing contracts with global companies over the next year or two that we will be disposed of -hopefully for the highest price & to the highest bidder

I was advised in May that VSI were not the manufacturers of G2 -they just supply some of the plastics

VSI do not manufacture G2-another company does that but VSi supply some of the parts'I believe

Good luck BHU-& lets hope SEE provide some additional financial security for you in retirement -& the rest of us aspiring to retire

History could prove that now would have been a good time to buy ,after a difficult year or 2 since the SKP acquisition .HIK were hammered & have double since their recent lows & no reason why we can’t recover strongly too -hopefully on the back of positive newsflow over the remainder of the year + is there any possibility of our being bud for with view to our lowly SP