Member Info for MrBB

Surely industry insiders with feet on the ground in that part of Aus will know the true potential of this seemingly massive prospect & act accordingly if they consider it real -ie by either buying shares in EEE to influence outcomes or proposing JVs to accelerate the program

F Y ends on 30/6/23

Terrific update with FY23 projected revenues of $1.8-$2.00 bill-but I suspect that is relatively modest & with new openings there must be fair chance of exceeding $2 bill + we will be profitable by H2.
Once thing the Ent element management know ( from GVC & SBT days)it is that always better to under promise & over achieve .That assumes, of course , that we will remain independent by 31/12/23

Not sure why any sane investor would sell when a new CFO invests so much of his & family money in his new employer.My assumption is that he is unlikely to want to lose his family s wealth & cannot believe that our SP is so low ,with view to what he knowes, & is buying as many as he can as quickly as he can as he expects the price disparity to be removed......some time soon.

Ceo & chairman buying regularly as they expect to be acquired at a healthy premium -at some point

Ceo & Chairman continuing their buying spree post update would be encouraging-they know the truth.

Presumably if See remain independent ,Magna will have to renogotiate a new exclusive deal after 3 years & as the volume & revenues will then be substantial ,they will have to pay a substantial premium for continued exclusivity .Of course ,after 3 years ,we may not be independent

More likely ,Chitz,that CFP is on the payroll of a competitor

Cenkos targeting 24.3 are targeting almost 4 bags -which would be a decent start

Aspers- he has invested around £110k-so far

He has had 2 months to do due diligence ,get to know the key senior management team ,spend time with his predecessor (who remains supportive of SEE) & has decent investment is a strong buy signal for we lifers ,existing large investors ,prospective new investors & eveyone connected with SEE .Appreciate that is a bullish statement but how else should his buys be interpreted ?

£1mill order announced over 4 years & working on many more-so now firmly in the execution process

Paul advised us at the Town Hall that they dont know when instructions are received from issuers of RFQs until the email lands saying it is won-although we assume they may have a good idea based on much dialogue with prospective clients.

My Gonads are twisted too !!!!

The very positive underlying message is that our US subsidiary is making good progress 7 while revenues,profits & cash flows are likely to be immaterial,currently, the potential exists for these to grow exponentially & increase our profile in the US & , perhaps, one day, we will be afforded a higher rating,consistent with that of our peers.

Perhaps ARM will be another potential acquiror ?

Likely to arouse the curiosity of those investing in micro stocks & great RNS for management credibility

If we are still hoping for a juicy contract from Toyota I am sure that Nick & Kevin will be nudging their Toyota ( & other)counterparts who are in attendance that time is running out for our tech to be engineered into their vehicles if they want 5* ratings by Regulation Date.

Hopefully the next RNS s will relate to contracts won with monetary values attached ,including something material from QC

Lets hope for an exciting week ahead !