Member Info for MrBB

Greg also said they would be publishing quarterly figures as part of the company efforts to be more communicative & as the quarter ended 30/9 & the figs will have been known by 31/10 that is an additional disappointment,resulting in even more encouragement for Bears & some holders losing interest & taking their losses in the hope of investing the proceeds more successfully elsewhere.
I too have emailed without response - twice!
No doubt GM will be his usual cheery positive self when we do , eventually, hear from him.

We know that we are involved currently in 10 RFQs ( & I am not including the SEYE "win" announced yesterday)& that we are likely to win 50% or more by value,we have been advised that 29k G2 units are arriving shortly ( possibly in transit)& our Fleet instals are likely to increase substantially over the remainder of FY23 ( & ahead of the launch of G3,when we expect more substantial orders + post production line fit ) ,we know Aviation is on the cusp of the long awaited "imminent " deal.There is also the possibility of Mobileye,with their very highly valued paper,being interested in acquiring us, not that many would want that ruight now
The Market wants to see the empirical evidence of the above & it is surely coming ,over the course of CY 23 & as we approach an environment where Regulation will determine what must be in Cars & Fleet vehicles.

German game too !

I am
Surprised that anyone woikd sign even small contracts with SEYE until their finances have been shored up .That said ,perhaps they are telling clients that the refinancing is done & will announced ASAP

Hopefully our newsflow will now escalate & at least (& maybe as much as 80%)of the 10 outstanding RFQs will be awarded to us

I am sure the Argentina game was very profitable for all betting companies & England will have been well backed at low odds to beat Iran-but not 6-2 for those who bet on scores.If an third bid is coming lets hope its for a decent premium & by an offeror who can complete-if acceptable.Bet MGM is probably now close to break even 7 MGM dont need due diligence to know that.

Next trading update due Jan to cover FY 22-unless we are trading ahead of revised increased expectations in which case an additional update could be issued.
With the current rate of share buy backs & assuming a stable SP I calculate that I will own 100% of the company in around 33 years.

Results better than expected & first significant dividend increase for years-little TEP became a blue chip

Interesting to see how many of the 73mill sold at 5.5p LO will buy back while our SP remains stuck in this narrow trading range

Perhaps the Magna deal involved Lombard in agreeing to reduce their holding to 15% but why would they buy back shares within a week at a 20% premium-bizarre-but presumably confirmation of their support

I thought Paul said the new units were expected at "the beginning of next month" ( ie Nov) @ Town Hall-but I could be remembering wrongly.

Mat-Not sure if you were at Town Hall but I recollect that PM said that OEMs were running out of time to ensure that they can meet the deadline with view to the engineering which will need to be done once contracts signed & that he therefore expects responses to RFQs to be be issued by the end of the year .He also said that they don’t know when they are coming until SEE are notified that we have been awarded a contract -which debunked the myth that we may be ‘sitting’ on contracts & will release the news when it suits us to do so .Thetis was also an inference that we have a good idea regarding some RFQs which we are likely to win -presumably based on working closely with their team ,I presume.We will just have to be patient for a bit longer

Any moles at today’s event & any feedback available ?

I would have thought they would have run their forecasts by Paul & Naomi before publishing as they must have had grounds for forecasting such an increase-although could be based on the 29k G2 units which we ordered in?

It would be interesting to know what happened to the 73mill at 5.5p & while accepting that MMs may have taken them on the basis that the spread is sufficient to ensure they should make a decent profit especially in the knowledge that Q1 figures & the AGM are due very soon.However there must be a decent number of existing holders ( inc me ) who would gladly have bought more under 6p,still giving MMs ,( if they took them ) a decent profit.I consider it most likely that the missing shares went to a friendly home ,resulting in the SP stabilising rapidly on Friday.Lets hope the market does not give us further opportunities of buying under 6p before material & positive news

If our win rate remains consistent at 80% & we win 8 of the outstanding RFQs ( & I assume we did not pitch for RFQs which we werent interested in ) ,what may their total value be based on minimum contract size ?Are their likely to be any very large contracts ( eg $125mill VW/Magna) & how close may that take us to $1bill?
Quarterlies due v soon will give Paul the opportunity of revisiting our expectations in this respect

The next 18 months WILL(rather than MAY) be better as by June 24?we should be firing on all cylinders ,will have reached & gone through the inflexion point & our projected annual revenues & KPIs should be much higher than they are now .Let’s hope we remain independent for long enough to realise the value in our investment .Many of us have been here for many years with many Hokders having a higher average cost than 7p -making 7p a great entry level in the basis that long termers (like me )invested far to early

Nothing See can disclose until a shareholder files a TR1

I am sure that if all goes well the plan is for to be appointed to the Board

Not the RNS we hoped for & she has done a great job over the last 3 years.Martin seems to be very experienced & was in his previous role for many years, experiencing & being involved with substantial growth over the years during which Altium developed from a A$200mill to over A$4bill company.Hopefully his expertise (including in the US ) will help us manage similar growth