Member Info for MrBB

Maybe that’s why our SP perked up towards the close

Losing a CFO within 6 months of appointment is certainly a red flag but as I hold no SEYE shares & am all in here -my only interest is SEE & I would rather we were able to issue a very positive tomorrow morning than worry about the SEYE SP .

Decent stake disclosed by global fund manager who, I assume, see value at these levels

I agree & presumably they can only publish the results once they come back from the independent office assessing them as they are , currently , just rock samples.

At The Town Hall ( Oct 22) Paul said that they only know when an RFQ is won once confirmation is received from the prospective client but I am sure that Nick & his team will regularly contact prospective clients to see how they are progressing with their decision making process & whether there is anything else he & his tram can do to help.I am sure there is also much negotiating regarding costs etc -so See should have a fair idea of which RFQs they expect to /hope to win but until an order is received it is pure speculation.Director/PDMR buying remains , to my way of thinking, a strong indicator of our likely success but I am also frustrated that timescale expectations have slipped substantially & I am hoping that the launch of G3 will not be delayed as I believe that there is substantial demand from our post production line offering & that we will win substantial contacts once G3 is launched.

All good points Glandore & you must take the ward for being the longest suffering shareholders-whereas most of we "long termers" have just been here for 10-12 years+.
I (along with most of us ,I expect)appreciate & share your frustrations & concerns ,but after all these years we really must be close to the point of truth in terms of our winning market share,revenues,cash flows & profitability apart from the imposition,very soon now, of safety regulations insisting on the presence of DMS on all new production vehicles,both auto & Fleet.
The launch of G3 should be pivotal re Fleet & I am hoping for volume contracts to be announced shortly after launch ,Apparently still Auto RFQs with high values still awaiting conclusion & the long overdue"imminent" Aviation contracts must surely soon be announced.
I share your insecurity but after all these years now is surely not the time to quit.

MTF-persistent Director buying heat gives a strong indication that they see our SP higher once the news we are all hoping for is released .I expect that quite a few of us PIs have been taking advantage of our weak SP to increase our holdings .I had been adding under 6p & added a few before Interims & the US CMD @ over 7p .Hopefullybwe won’t slip below 6p again but if we do I will buy more

Sensible professional investors would await the first report but with an average of around 1.4p I am tempted to average up as a very positive first Rns could see us much higher -although we all know what happens if they hit dust -despite our very experienced exploration team .

Announced increased holding today -positive

I have total empathy with your view as will many of we longer term investors .However I don’t agree that our SP won’t recover until we are past break even & persistent Director/PDMR buying over the last 4+months will hopefully demonstrate that ,in the nearer term .There has been a paucity of news & certainly not the flow implied by Paul & the Oct Town Hall .However ,Director buying & our amazing partners /collaborators suggests that the the positives news will start flowing soon & hopefully on all fronts .

Agreed Terry-a significant hire with view to his experience & it would be interesting to know his job description - I hope it is to work with Nick to ensure several large Auto RFQs are awared to ourselves.

I am hoping wealth is being transferred from the impatient to the patient -while entirely appreciating & empathising with the malaise caused by a paucity of much promised news

I am following ‘the smart money’& buying more @ these levels .Only confirmation of positive contract ,G3 launch & trading news will move our SP & I ,along with our Director,PDMR ,having been buying more as I have been patient & optimistic for over 10 years & that will continue until we are vindicated

Brock ,I said that Fleet should be good not must .I appreciate that I am optimistic & also that my optimism is partly caused by my personal confirmation bias .
Disappointing that no new IIs have been buying ,especially following the US CMD but I still take comfort by the building of a reasonable holding by Martin Ive -apart from other Director buying .

We can only guess about Auto -until confirmed but hope we are ahead of expectation based on cars in production with our tech .We know we have ordered 29k G2 units & that our installation rate is substantially ahead of the comparatives so the numbers should be good .Nothing expected from Aviation & hoping ,as ever,for positive news in this respect ,which we seem to be positioning for

MT was buying last year at significantlt higher levels & I ,along with many here, regret not selling into that strength.Unless MT is really stupid ( which he may have been to have been adding at our all time high) he is averaging down in the same way that we mere punters do but as he is inside I presume/hope that he expects us to be taken over by one of our larger competitors for a much higher price at some future point - thereby giving him a decent exit.
If RB is a forced seller of his wifes stock I am sure they could easily be placed at a small discount to remove the overhang immediately.

"hosting a raft of customer meetings " caught my eye as I was unware that we had a "raft" of customers in Japan - with just one confirmed.
"Raft " sounds very positive >

Having said that their study shows a significant decrease in The Market for DMS in 2024 & 2025 it is interesting that they still expect break even in their FY 24.Perhaps their product does not require the expensive low (or no ) margin engineering set up costs prior to production ?
The conclusion of their study could provide the rationale in the lack of RFQ news whereas much RFQ news had been expected at the Town Hall

I had wondered that but as he seems to have previous form for buying alongside LO I would have thought that LO may consider relieving him of his holding should he want out.I am sure if he still believes in our potential he would not want to sell under 6p-unless he was forced seller due to the Wan fiasco-although he seems to be a very wealthy chap & as irritating as Wan must be for him he is likely to have other more liquid assets to dispose of than his holding here

15 Director Buy RNSs so far this year ,8 of which since Trading Update & Interims earlier this month .
Of course we want the much discussed RFQ awards to be announced but regular Director buying ,particularly Martin Ive accumulating 6092000 over a few weeks,is very encouraging that the tangible evidence of our progress will soon be released .