Member Info for MrBB

We may have expected news of a founder buying 500k shares in the Market to have moved the SP ?

So SEYE s share price is near its all time high & their market cap is only slightly lower than ours , that is despite the fact that -
-our products are substantially superior
-we have Fovio
-our projected FY20 revenue substantially exceeds theirs
-we have 3 distinct divisions,all of which are expected to contribute substantially to our business offering
-SEYE have recently announced their entrance into the Fleet & Aviation markets ,& must be years away from any realistic chance of success with Aviation ,although could have some success with a lower cost lightweight Fleet product
Is the value difference based on the fact that they are perceived as a potentially more successful company than us , or is it purely the fact that due to our substantial placings over the last couple of years that their shares are more tightly held & respond more positively to news.
Very frustrating & only the announcement of revenue generating deals , the now long awaited licensing deals & the announcement that we are achieving break even or better will move our SP decisively.Most of us have been very patient & some of us have taken the opportunity of the latest narrow trading range to increase our holdings further but positive news before Xmas would be most welcome .

We have recently won some more Australian awards & we may have expected Aussie Institutions & investors generally to show some interest in investing in us-which could help reduce the free float & make us more attractive to the wider investing public

Agreed ET, & until we can report historic figures showing break even ( or even profits) the market will remain cautious - the rest is just the positive rhetoric of an enthusiastic Ceo of an Aim stock.Signing major contracts for future revenue will be very encouraging but unlikely to substantially move our SP if the future cash flow is 2/5 years out. PM made is clearly very enthusiastic about licensing our substantial IP & 1 or 2 deals in that arena & with the promise of more to come, could be truly transformational - especially if they came from different sectors ( eg Aviation & Fleet)

While we remain a very small company with value if under $200 mill ,we are much bigger than a typical Microcap which can multi bag on relatively small amounts ,eg my previous post .Very few of our positive RNS s have moved our SP significantly & I believe it will take major news (substantial contracts with Toyota ,VW,substantial licensing news etc)to result in a paradigm shift in how the market perceives us & therefore our SP .I believe that this news is likely & ,like all of us who are fully invested,I would rather that the news starts flowing sooner rather than later

SP up 20% since yesterday on RNS yesterday announcing $1.8mill contract to design virtual training contract for Israeli Air Force (not DMS) -although market cap only around £5mill .Material contract win has positive affect on SP

Management may we’ll be working g to their own agenda but if any prospective major client is about to sign a contract there is no chance ,in my opinion,that PM will ask them to wait a few weeks on whatever pretext he may present .Contracts will be signed as quickly as possible as every new deal is great PR for SEE.PM would do very well out if a 30p takeover (as would we all) but I am sure he would prefer 50p.Lets get some deals signed & end the first half on a very positive note

That’s the pressure of being CEO of a speculative technology company which has ,so far ,under achieved .If PM has climbed aboard at the inflexion point he & we will do very well .Pat Nolan leaving would be a worry as it would suggest that he son a yarn to PM in response to being asked about when Aviation deals are going to be signed

Great to see it resubmitted & lets hope that it is approved quickly & launched into US market next year & lets also hope it boosts our SP

Hopefully when positive deal/RFQ news is announced ,more IIs will be come interested in our substantial potential & we will be less dependent on Lombard Odier to soak up the overhang.
Hopefully this is the calm before the very positive & much anticipated storm-Aviation licensing deal/deals,positive Auto RFQ responses,positive Fleet news emanating from our advanced discussions with 3 major Fleet Insurers,expansion of exiting programs etc etc

What is your job title at SEYE ,seeingm??

As I said earlier it will be great if Lombard s appetite for our stock remains strong -but the bigger their holding the more influence they will have & if they have a chance of investment strategy we know what happens as we have been there before .Their growing holding will also be pivotal in the event of a bid & I have no objection to a bid as long as it’s not too soon

I am delighted that Lombard continue to take up the slack but I would prefer to see several IIs looking to acquire our shares

Documentary on TV last night - small section,dealing with road safety, demonstrated the use of DMS which monitored driver monitoring systems & discussion with Chinese technician demonstrating the product & discussed the importance of monitoring drivers of commercial vehicles & the significance of building real time data (which they are doing ) to have a deeper understanding of drivers.
The assumption was that this was a Chinese product but that was not clear & it looked to achieve what Guardian sets out to do .

For the last 5 years the AGM has been accompanied by a trading update & although a business update was announced ahead of the CMD earlier this month it is likely that a further update will provided on 28/11.I am sure that PM will be hoping for something tangible to announce before then .

Perhaps the speech in Chile in front of 100 or so influential people in the transport sector is part of the reason for the visit to Chile & hopefully other deals will be signed while Mike is there ,putting more meat on the bones of either an RNS,Fleet update of general AGM trading update on 28th.
Ever the optimist !

Perhaps PM & our new Non Execs bought them - or Lombard ?

Has been mentioned -which, in the "old days" involved Directors telling their pals what deals were being signed & when etc.Although that is less likely to occur in the modern era, there are still a very large number of insiders,within SEE & outside, who know what contracts are currently under discussion,being drawn up,proceeding or not proceeding - so there is always scope for "news" to filter out which could affect our SP.I prefer to think ( hope ) that whatever happened yesterday was a blip ( which may have been manufactured) but we need PM to deliver hard contracts & on expectation & preferably ASAP.I have whinged about his lack of buying any shares with his own tax paid cash on many occasions & particularly in our latest 3p fundraise when I would have hoped that his insider information ( on his fleet turnaround) would have tempted him to buy some shares.Uncertaintly will prevail until hard evidence of our progress is produced -which will hopefully start very soon.

If we were able to secure 40-45% of the global market for DMS we must ,crucially ,be able to deliver in the expected massive ramp up in demand -which is presumably where PMs licensing aspirations lie .Exciting times ahead & I believe that PM is the right CEO to take us through to full commercialisation

I t has been said here that it will not be possible for Guardian to be factory fitted at the point of manufacture & I dont have the technical skills to assess that issue.However, if DMS is to be mandated for all new lorries,coaches & buses from 2022, the only way that can be achieved will be to have systems installed at the point of manufacture.If installation at that point is a problem then the solution to that problem will provide a golden key as if Guardian remains the nest in class product the demand will soon be very substantial & having 27-30k units installed by 30/6/20 will be a drop in the ocean compared what should be installed in the year to 30/6/22-apart from the substantial potential for substantially increased SAAS income from our monitoring services.There must be a decent possibility of licensing fees from manufacturers of trucks,coaches & buses.
I was decidedly optimistic yesterday afternoon & bought more shares at over 4p for the first time in a long while !