Member Info for MrBB

See stated that he expects our $395m (min contract total based on contracts currently achieved )to be delivered by 2028 -so clearly expecting a substantial ramp up of auto revenues over the next 3/4 years -apart from new contracts won & other revenue streams .Asditionally ,Magna are currently supplying around 1mill DMS enabled mirrors pa which is likely to increase substantially over the coming years & more so when the US ,Japan etc adopt similar rules to NCAP.

I have been here for over 10 years so fully appreciate the roller coaster ride & I am the first to admit that I invested over 10 years too soon !However ,we must surely now be at the long awaited inflection point & since the harsh (IMO)decline in our SP since Results ,I have put my money where my mouth is (again ) &. added -as have many long term investors so let’s hope that 2025 does indeed prove to be the long awaited inflection point & we,along with Lombard ,Herald & Directors will be rewarded for our commitment

Broke-you were sussed sometime ago as a Swedish troll-so you must be excited about your results tomorrow & I wish you well with them.Following your previous post in which you forgot who you were,I would have thought it best for you to no longer post your bull**** here?

Manlords departure is our loss as he speaks with SB occasionally & posts in a pragmatic & clear way providing information & insights that few others are able to offer.His departure reduces the value of this board substantially.

Must have been easy for you to pick your nom -de-plume ?

Safestocks, Semi Cast, Stifel,Peel Hunt ,Paul & Martin all seem pretty pretty optimistic & following a period during which news has been fairly thin on the ground it is not unreasonable to expect an increase in positive newsflow over the coming months & if that includes a licencing deal ( alluded to again today by Martin ) our cash position will no longer be a concern to either committed long term holders, or those here who hope for a continuation in a decline in our SP + our minimum contracted business won will have increased substantially.

The decision for those long term supporters is whether to increase at these levels, if we didnt last week,which some of us did.

The delay in sales of G2 has clearly been disappointing but the outcome for FY25 should be satisfactory if we achieve ( or exceed) the 15k units which PM referred to( with results last week) as projected sales for H2 & Auto royalties should continue to grow, especially with 2 new programs expected to reach SOP by the end of FY25 & Magana having potential to substantially increase their monthly run rate.Pauls reference to "resurgent"RFQs is also very encouraging,if we can continue to achieve/exceed target of 40% market share .Martin also referred to non dilutive sources of capital , eg licence fees ,which,as we know Magna have to renew or abandon in the current financial year,suggesting that discussions may well be under way in that respect.Pauls presentation was pragmatic & we all know that for our SP to recover & progress we need tangible proof of our potential in respect of RFQ wins,material G3 contracts as well as Aviation progress.We all have choices to make & some of us will buy sell or hold depending on our personal circumstances.

Good luck all !

Some newbies possibly of Swedish heritage ?

Cilia staff may we'll be considering their futures but Mobileye are based in Jerusalem & I presume they have more staff than Cipia.All companies in Israel will have contingencies to cover any staff issues

Perhaps next year will see some DMS companies merging or being acquired, depending on the true quality of their technology & their contracts.I hope that we will remain independent long enough to reach & exceed cash flow breakeven , profitability,win a decent % of the long awaited new RFQs which Paul referred to,that G3 finally takes off with substantial contract win & that Aviation moves forward with material contracts via Collins- resulting in us then,perhaps, being acquired, at a substantial premium to our current price.

There are many pre revenue tech( including AI companies) companies valued in $billions & while not being certain as to how these companies are valued the certainty is that it is not based on revenues.

What makes you think Laura is a girl-bit sexist ?

Anders teased us with the Interims that he & Santosh were now able to buy shares ( with their own cash) in STX-but they didnt-so there is question for Investor Meets !

If possible KPIs would be published before Finals as they will help project FY25 revenues,allbeit just the first quarter of FY25

Difficult to ask questions when we have no idea what the presentation is about as it is only a few weeks since the live presentation so this is unlikely to cover the same ground.

The optimists ( if any left) will believe it is to discuss the long awaited Tx deal & payment of cash owed while the pragmatists will consider it will be to discuss & sell ( if retail will be invited to participate ) the fundraise to be announced between now & Monday evening -unlikely to be over the weekend !

Our relationships with Caterpillar & Magna together with almost $400mill of deals for Auto ( minimum lifetime value)suggest that Intangibles of £45mill is perfectly reasonable-especially as that R & D work will hopefully result in many more contracts over the coming months as 2026 gets closer

For a Ftse 250 stock to more than double in a year is pretty impressive,against a fairly pedestrian market- & weakening.More volatility should be good for us & the trading update due soon will hopefully continue the optimistic theme-particularly as we continue to gain traction in the US Market.

Reducing our monthly cash burn should not be too difficult with to the fact that we have employed several people for several years & it is difficult to see how they execute on their job descriptions .All dead wood should be immediately cut -although I dont know what our obligation may be in terms of contracts of employment & currently we could not affort more than statutory redundancy !

Paul knew that the Cat deal expired on 31/8/24 & the discussions surrounding renewal/extension would have been ongoing for months & ,assuming Paul was confident of achieving a new contract , which would they not include a conservative estimate in the accounts .

We know that the Magna 3 year initial deal expires on 30/6/25 & if we assume & hope that Paul is confident that our deal with Magna will extend it would not be unreasonable for estimates to be included in respect of FY 25 projections.It may be a bit early for him to have ballpark figures , or confidence in a deal progressing at this stage but as the discussions progress his confidence will hopefully grow.

Not at all, CFP, as a grown up I can assess the risk /reward ratio most apprpriate to my circumstances & , as such , I remain for the ultimate exit, which in my opinion will be within 2/3 years of now

Assuming Magna extend their exclusivity contract ( expiring 30/6/25) & continue to win business for their state of the art & DMS compliant mirrors,G3 finally kicks off with some decent sized contracts & Aviation lands its first ( of hopefully many) contracts- & we meet or exceed FY25 & FY26 revenue targets of $88m & $125m + cash flow break even in FY25- we are surely a prospectively terrific acquisition for a large number of multi billion $ global companies & , while appreciating the complexities to be navigated across various companies with whom we have relationships -I am sure they are all resolvable & our value to a buyer will be substantially higher than 5.2p.I am not sure what our FY27 & FY28 revenue forecasts are, if published but once cash flow positive & very profitable our value is more likely to be multiples of our current SP.As ever, we must remain patient or sell out if we dont believe in our potential-we all have a choice !