Member Info for MrBB

Not hard to understand

My view is that Stifel procured a strategic investor who wanted 10% ,& believe in the great potential of SEE , & we may not have needed the funds right now but the opportunity to welcome a decent US investor had to be seized.I felt that a placing may be coming due to our recent SP performance but this is far better than an open offer & our new investor may like what they see & decide to buy more ( in the Market ) & our other key investors may also decide to retain their holdings by buying more shares ( in the Market).Results in a few days will be very interesting & if all positive & particularly if some "meat can be put on the bones" in respect of contracts , FY 21 forecasts etc I remain very positive that our SP may at very very long last , reward us all - including the doubters who still hold.

Monthly magazine in today’s post & sadly now in the bin following mrs BBs OCD regarding paper !
I had no interest in the other 3 companies mentioned .
Analyst may have been Peter Bate

Their portfolio manager recommends 4 shares as potential takeover candidates ,including our very own SEE & he considers Qualcomm to be a ‘very logical bidder for the firm’

It wasn’t all the shares I hold & very unusual to be able to sell over 2mill online .Of course I could call broker & get a price for the lot .Inference to me is that someone is accumulating & the substantial increase in volume today ,so far,may support that view

Apologies-my purchases in August were clearly under 3p ,not 2p !
I have just tried a dummy sell & could easily sell over 2mill while only being able to buy a small number-suggesting our SP should be firmer as there is clearly some demand

My last purchases were in August for well under 2p, so anyone buying then could still sell today for a 40% + profit - not shabby for traders in under 2 months. Lets hope that all concerns will be dispelled by PM on 2/11 & that we may have some "meat on the bones " by then.

I am hoping that revenue generation may have already started based on agreed prices for work to be done , ahead of the signing of the long awaited contract.

Fantastic news & should encourage followers of tech companies to follow us more closely as we now have 3 divisions which will all soon be profitable .Additionally, our MOU with L3 should encourage other prospective customers to be calling Pat as they will not want to be left behind, technologically .

We have been told countless times that OEMs don’t like all their eggs in 1 basket & we may well have the exact same customers

30-35k Fleet projections in FY21 is probably a pragmatic view & we should remember that this part of our business is profitable & cashflow positive & more so since the renegotiation of our supply agreement .However my view is that our Fleet connections will increase exponentially if we can achieve a contract /contracts with OEMs who manufacture buses ,coaches ,trucks ,lorry’s,etc etc & such a deal would be transformational on every level .Global Fleet need DMS by 2024 & we must be in a position to win a major % of that Market & 30%(only) would be immense

The next two weeks should prove pivotal ,one away or another .There will either be some positive contract news ahead of Results ,a positive outlook statement & confirmation that a fundraise is not imminent (or a prominent strategic investor takes 10% for a premium )-or there won’t .The only certainty is that we will have clarity in a couple of weeks & my substantial (for me) holding will remain intact

If there was to be a speculative low ball bid ,before confirmation of success with Advair & GSK & before a progress report (surely due very soon) regarding our Elipta JV with Hikma,I would hope for a bidding 'war' .Realistically I don't see. how our Board could recommend a takeover with 3 potential major financial scenarios remaining to unfold ,which if all positive would dramatically improve our outlook & the NPV of our assets .Additionally there have been references to our involvement in C-19 treatments & as specialists in respiratory treatments that should not be a surprise.103p today but could we be worth 200p without a bid & maybe 250-300p with a bid if we succeed in our major possible scenarios -if so it would be a pity to sell out now for 150p .Like many of us ,I should have cashed out my SKP shares on takeover ,& Vec selling itself cheaply would add insult to injury

Interesting to see 2 new holdings RNSs after 4.30 covering around 9% of our issued shares .Perhaps we will be in play & an opportunist buyer/buyers are interested in buying us ahead of Advair & GSK confirmation .I would welcome a gracious exit

News is imminent in that on 30/10 Finals will be published & I am sure that we would all agree that PM would love to announce contract news before then, together with confirmation of & details of the launch of new vehicles with our tech on board & , 4 months into FY21, perhaps a forecast for the year ?

CFP is the only regular here who maybe invested in SEYE.We all believe in our technological superiority but if Martins statement today that current total value of contracts won is 3.8bill SWK,that is around $600mill Aussie ,which is $400mill more than our last stated total contracted revenue from our contracts ,until our announcement earlier this week ,which isn't based on contracted revenues.We are all bound to be frustrated that our competitor with apparently inferior products ,only 1 string to its bow & has just successfully raised capital at a tiny discount to the prevailing SP,is valued more highly than our company ,in which we have all invested substantial amounts & in which we have such high hopes.After 7 years I am going nowhere but I would now like some bang for my bucks

Their SP increased again today as Martin announced projected expected lifetime revenue from existing contracts of around $500mill US ,which is him monetising the value of his deals.Hopefully PM will comfort us in all points on 30/10

It would be fantastic news for us to win Volvo but the SP action of us & SEYE (up again today)suggests that if we believe that insider dealing is alive & well that they have won something that may have leaked out .At the very top Martin is not known for being subtle or reserved

Lets hope you are right Reddit !I am probably typical of many long term buyers & accumulators here in that my holding today is more than 100 times larger than my original purchase

I first invested in Nov 13 @ 6.96p & my highest price paid was 7.7p with a current average cost around 3.5p ,having bought lots at 3p or less.Glad to be now in profit & hopeful that news this month will result in the re rating which we have all been waiting patiently for & I agree that we need contract/licence news with values attributed in order to ensure we can move strongly forward .