Member Info for MrBB

Or Abcam or Olink Proteomics - which for either of whom would be a tiny bolt on relative to ytheir market cap & would put we long termers out of our stale bull misery & no doubt generate decent returns for those buying now for the first time.Perhaps Pearce & Diggle are reluctant to sell "cheaply" as they still anticipate Big News.

Great to see Monash on their panel of Unis

Our website refers to our being thrilled to launch the above , which is great news & some would consider it worthy of an RNS as , I presume, it makes Guardian more attractive to current & prospective clients with view to the easy to use interface which presumably removes one of the potential objections yo buying - ie increased simplicity of use & monitoring.

Due Tuesay & unlikely to disappoint with view to increased volatility & I expect FY22 to have started well-resulting in another decent dividend & new share buy back program

His opinion is most important with view to his large holding & deep pockets .If he continues to believe in management & prospects he will be considering increasing his holding .
Similarly news of his reducing his holding would not be so good

Interesting to know whether the late trades (around 8 mill total)reported in the last 2 days mean anything .Relatively small but interesting to see if they continue & whether anyone maybe increasing their holding ahead of the trading update

Either way ,SEYEs SP is up about 10% -an experience we would all welcome

KBW-large amounts of potential has very much not been priced in ,eg substantial additional Auto RFQ wins,Fleet RFQ (which I expect are now in progress)wins ,due to our very early move advantage in this sector ,Aviation & Rail haven’t really started yet from a revenue perspective but could be substantial ,the potential for other industrial & consumer product uses of our AI & IP (particularly from our partnerships with the likes of QC ),nothing in our price for the bid premium which will surely come when the much discussed consolidation arises .We are currently valued on multiples of prospective revenue & along with many tech stocks we have been battered but it won’t be long before our value will be able to be quantified by contracts won & rapidly increasing & very profitable revenue .
Let’s hope PM retains his bullish tone ,backed up by empirical evidence ,on 23/2 .
Remaining very optimistic ,as ever ,based on our realistic prospects ,not the spin of the wheel .
Happy Saturday All !

today of 100k ?

Newsflow early this month was extremely positive despite the following weakness in our SP following the wider tech sell off.We are all anticipating an increase in positive newsflow over the coming weeks/months & there must be scope for some truly transformational news which could rapidly propel our SP upwards .I havent sold any shares in over 8 years & havent added since Summer 2020 but should our SP continue its current malaise ahead of news I will feel compelled to increase my average cost for the first time in years.

Resumes with Chairmans latest purchase at 1350p-which he clearly considers to be good value & increases his average cost.

I appreciate your pragmatic view , Brock, & your philosophy regarding your core holding & your traders transaction.Based on current fundamentals our value is approaching £400mill,with FY21 revenue of around £26mill & loss making for the next year or two - so someone looking at SEE for the first time may question our value.However, Magna would not have recently invested $10mill ,along with further investments by LO at the same price, without their people running a slide rule over SEE & they clearly liked what they saw, along with 2 Non exec Directors at the same price - so not unreasonable to expect 11p to be a fair starting point.
Our revenues are expected to increase exponentially over the next 2/3 years & beyond & once we become profitable we become very proftable,at 90% margins on Auto.
We believe we are market leaders in a new segment of the Auto Market which will soon be mandated in the US ,EU & Australasia , so all vehicle manufacturers ( including & especially Fleet) have to acquire DMS & we have multiple prospective sales channels /partners to help us achieve a decent market share, which we all now hope will substantially exceed the 30% previously referred to .As we win more RFQs & our order book increases & existing contracts extended & expanded, & we achieve our first Fleet OEM contract ( either directly or via a Partner) our substantial potential will become apparent & some folks will recollect that Intel paid up to $15bill for Mobileye ,admittedly once Mobileyes revenues were a fair amount higher than ours (but very achievable levels by us over the next couple of years) .Our current value at around $500mill may seem like an attractive proposition to those seeing the bigger picture over the next 2/3 years may start wanting a stake in our vast future potential & the release of a steady flow of positive news over the coming months may well be the catalyst for a substantial re rate.We would all love to see 300p or 100p but right now most of us would be very grateful to see a new near term range of 15-20p which, in my opinion is possible-but,as ever we all must do our own research & be mindful of the potential pitfalls & hazards which could arise.

Fair to assume that if the installation rate increases that the KM covered by connected Fleet should increase proportionately-although I appreciate Cellas perspective ,which may be the answer.

As I thought & I reckon that BDOs final Audit fee for the Group & subsidiary accounts was through the roof .I am sure that there are several top 20 firms who will be very pleased to win a quoted company client & happy with a much more modest fee-assuming our CFO,who has been in situ for a few years, continues doing a decent job.

Or imminent

Let’s hope Paul will be able to use such words in his forthcoming update -‘flexion point ,exploding ,very very substantial ‘ & ,if so ,perhaps our SP will recover to 11p & beyond ?

I would expect that the appointment of a new Auditor has been done & will soon be announced.
perhaps JG considered the BDO charges excessive with view to a now simplified structure with 3 operating subsidiaries & no major complexities.
The proposed property disposal is interesting as, if it is achieved, adds more cash to our substantial bank balance & would enable more buy backs, more acquisitions or larger acquisitions & confirms the ability to maintain (or increase) dividends-assuming that business remains solid.

Directors have been selling in some volume for some time ,including Hedlund, although I agree that the fall seems overdone & a family buy out is possible , not doubt followed by a trade sale in a year or two when all has improved.

Interesting to see how the Market receives the placing & MH guess is positively ,assuming Tim Weller remains in situ ,lending credibility to SIV,& our market cap will still be low following the $12mill fundraise .It will be also interesting to see who may emerge with disclosable holdings .

Based on previous years should be published in next few days & there are no reasons to assume that the positive tone accompanying Finals last November should not be continued -with a decent increase in Guardian installations & therefore monitoring revenues together with a decent ramp up in Auto installations over the first half .The optimist in me is also hoping for further contract news ahead of the update