Member Info for MrBB

How much per unit do we expect to sell for & how much would the cost be per unit?

Great précis Shallwe -we are ,currently ,still perceived as high risk & I suspect there are many of us here who over the years have either supported the regular placings & bought in The Market,at what we believe to be low prices,only to find that the SP cycle repeats itself again,as it is now .We are bound to feel insecure,however much we believe in our technology & potential,but should our SP continue slipping ahead of Interims & ahead of tangible contract/licensing news,I will be increasing my very large (for me )holding further ,taking the view that (yet) another buying opportunity has presented itself ,again.Assuming Paul & Naomi s confidence that we will achieve expectations (at least ) for FY20 ,it will be interesting to see what our projections will be for FY21-when Fleet should continue steadily expanding ,Auto will start production,
results of outstanding RFQs will be known,Aviation (& hopefully other) licensing deals will be signed .

I appreciate your view WHL & looking for new money for SEE is contrary to PM stating that we are funded until end 2021 & for the foreseeable once the licensing deals are signed .Presumably PM now considers us to be undervalued (despite not taking any new shares @ 3p last year ) & wants a wider spread of IIs on our share register -particularly in the US where tech is valued more highly .He may want our SP up to ensure his first tranche if shares but I would hope he wants to increase our profile & for the market to appreciate the lead we currently have .He will also be aware that investors will be encouraged by tangible deals to prove his rhetoric & then tangible results whereby we achieve or exceed expectations & demonstrating reduced losses & an expectation of profitability .

Perhaps Lombard Odier continue building their holding towards the 19.5% which PP referred to in his very decent summary of his chat with PM .Proactive interview was more of the positive same but both he & Naomi seemed very confident of meeting 2020 targets ,which exclude any licensing revenue .Hopefully if a few of the 12 funds he met with in NYC decide to invest ,some upward pressure should be applied to our SP but perhaps they want to de risk their prospective investments by awaiting Interims next month & would rather pay a bit more once they have more confidence that 2020 targets will be met .

Solid recovery after crazy 2018 & not set fair for the future .Very decent yield & share buy backs will help underpin our SP.It will be interesting to see whether share buy backs will continue for the foreseeable ,thereby reducing issues shares substantially over time .Director buying in volume was a stronger clue than we may have thought here

Cheers PP & very much appreciated .Those optimists amongst us will be encouraged & hoping that at least one Aviation license is signed v soon & a long awaited deal with a major Japanese OEM will soon be signed & disclosed .Cash lasting until end 2021 is also very encouraging

Thanks Robbie & I agree SEE2020 -the opportunity to buy 'cheap'may be presenting itself (yet) again but I will be taking advantage (yet) again.The lack of substantive contract /RFQ /licensing news will increase the fear of a fundraise-which we have been advised won't be necessary & once that is proven our SP will recover & PM will get his first tranche .We need to start announcing soon .

Thanks Paul & it will be great if you could report back .There will hopefully be an opportunity for you to have some quality time alone with him which,if so ,will encourage you & is to hold /continue buying .You are probably representing over 300 million shares -which makes your opinions very valid .I hope our SP weakness today is just a continuation of the recent theme (disinterest & lack of tangible newsflow)rather than following meetings with Cenkos & others

Doesn’t look as if any of us are going & ,ironically,today would probably be a great opportunity to grab some of PMs time on a one to one as very few attendees will be interested in SEE

Good news yesterday -new senior appointment ,a former colleague of our CEO & he is beginning to impose his plans & philosophy on Vec ,with which ,as along suffering shareholder (ex SKP) ,I wish him every success

Something I never expected here -great RNS !!

Exactly Glandore -those optimists amongst us consider we continue to hide our corporate light under the proverbial bushel -but our value will surely soon be outed by weight of positive news & then financial performance .

So at what point will the expanded value of our contract with GM be quantified & detailed by way of RNS .Lets hope that this week marks the beginning of positive newsflow in the run up to our Interims next month-which will hopefully (again ) mark the vindication & validation of our very substantial prospects

Who else could it be -Uber won't have developed their own system?

Hopefully they will soon see the light & buy our market leading ,cutting edge & technologically advanced DMS .A license + reasonable royalties would probably be best for all parties (including all Tesla buyers,other road users & pedestrians ,cats ,dogs,cows etc )

Agreed -although I would prefer several A$20mill license deals with some visibility in respect of expected royalty income .That would set us in the pathway towards being a £ Unicorn

I agree that our current SP is of no particular concern to some of us as we anticipate future success & an appreciating SP ,ultimately.Short term our low SP provides an opportunity to some of us to buy more shares at what we hope the future will show to be low prices.However if our SP remains stuck in a fairly low price range an opportunity will be provided for a low ball bid,possibly supported by Lombard Odier & some other IIs who will gladly double or treble their investments over a relatively short period.I hope therefore that as expected good news is released over the coming weeks/months that our SP does respond positively as that will push up our value for any opportunist bidders.

Our SP increase early last month & into the CES announcements lulled some of us into a sense of security that our investment here was,at last ,about to be be vindicated ,with a decent increase in our SP & there was a hope/expectation that positive tangible news was about to be released .I am confident positive news will soon be released but we will have to remain patient for a while longer .This with large Cohina s will be buying more

Ken had clearly wanted out for quite some time & when Mike McAulife was appointed CEO he must have thought he was off the hook ,only to find he had to take over as CEO after Mikes brief (& expensive )tenure .Angelatos was also ‘rewarded’ for running Fleet (almost into the ground & taking the whole company down with him )-so it is understandable that he wanted an exit & I appreciate that 12p would have given him (& all shareholders at the time ) an honourable exit .At that time Ken may have accepted 12p (although I am still dubious that he would share that view with a PI) & I think,on reflection ,that he was desperate for any exit .See today is a much stronger company than it was then ,with Fleet (apparently)fixed ,Auto expected to confirm more major RFQs some time soon ,+ the likelihood of Auto licensing deal/deals -apart from being (also hopefully)close to signing Aviation licensing deal/deals .Most of us ,incSEE2020,would probably admit that 300p (£10bill)is a tad far fetched -but 30p is distinct possibility it PM can demonstrate an ability to achieve or exceed expectation & if the 3-5 year revenue & GP targets of Cenkos look achievable .
Remaining optimistic & prepared to buy more shares during the current global stock market uncertainty

We posters all have our own agendai .Some will have invested more than they are truly comfortable with & are therefor anxious & feel every mark down in our SP acutely,some have total belief in the potential of our technology & can genuinely only anticipate a future time when our SP will be much higher & their investment vindicated by substantial revenue increases & excellent profitability ,others have relatively small holdings & are having 'fun' on a bulletin board.
Nothing said here will change the chances of See s success & there has been some incredible research done by several regular posters & it would be a great pity if they departed the Board due to in house bickering.I presume we are all invested & all therefore have a vested interest in our success.We all have a choice & I will remain invested & if our current malaise continues I will certainly increase my large holding (for me) further as I fall into the first camp-not ramping-just giving my honest opinion -which is all See2020 does