Member Info for MrBB

Positive Outlook & the US should be huge for us,although it may take 2/3 years for momentum to build + increased dividend is a message to The Market.Kenny & lee buying some of their shares back would be another positive although we cant ignore volatile Markets

Good day for all longs Volcano & I only rejoined the fray yesterday @ around 580p ,so not complaining either.After the disappointments earlier this year I sold (after holding since shortly after IPO) & bought back early in May,only to bail again in June for a decent profit.I expect to hold the holding bought yesterday for longer as I believe that our recovery could now gain momentum .good luck to all holders & hoping shorters are planning to close their positions soonest

Solid update & I am sure all holders are relieved & no reason for a decent final few months of the year with view to the uncertainty & volatility affecting all markets currently.Interesting to see whether the persistent shorters will start closing their positions as the dividend declared,$50mill buy back program ,winning an increasing market share ( on lower marketing costs)& encouraging outlook statement suggests that our SP may continue recovering

Agreed 2020 & all boding well for the continued recovery of our SP over the coming weeks & months

At least the 2 major players are customers & no reason for 3 & 4 not to buy our products.Elon needs to get off his very high horse & accept that a decent DMS will improve the credibility (& sakes) of his beloved Tesla

1 or 2 decent ( & expected) RNS s should shift any stock held by MMs,(which I would have thought would not be too excessive ) ,although looks like we will now have to wait until next week

I agree that a bid now would undoubtedly undervalue our substantial potential ,inferring that now would a great time for an opportunist bidder to buy us cheaply -our only hope being a competitive scenario (like Earthport) where rival bidders push up their offers.I expect our value to be much higher in 12 months as more contracts will have been won,Fleets new business plan will be proven & growing strongly & Aviation maybe a profitable division.
Why would PM sanction a bid now when he owns no shares,although I wouldn't be surprised if our next RNS announces a substantial share award to him (& other PDMRs) which will hopefully incentivise maximisationof our value.

Markets understandably weak & volatile for the last 3 days & most stocks will be affected ,so, Mrs or Mrs WHL, I am prepared for the re visit & depending on how far this bear phase has to run I will be poised to do what i did not think likely on 1/8, & that is buy more @ 4p or less.I appreciate that some of those buying @ 3p last month may be tempted to take a very decent short term profit. & good luck to them, but my view remains that there is much more to go for-we just have to control our squeaky bums.

We have been in the commercialisation phase of our development for over a year & a large number of deals have been signed together with some heavyweight senior management appointments .I believe that our future SP direction will be determined by the confidence expressed in the outlook statement (rather than the historic results).One aspect of OPTI which appeals to me is that our CEO has avoided issuing shares ,despite our having come through the developmental stage ,resulting in a limited amount of available stock which should propel our SP higher following positive trading news & confirmation of a substantial ramp up of our projected revenues .Obviously any unexpected bad news with the Results will be punished but I am erring in the side of optimism

Interesting & very viable concept -so license at $100 per unit + all monitoring via Tucson @ discounted rate of ,say,$300 per installed unit would generate $7mill(US) licence fee & monitoring services of $21mill(US) pa ?
Perhaps that’s too high & monitoring services could be $100 per installed unit yielding $7mill(US) pa ?
Either way -if a deal were to be signed of that scale it would be viewed as transformational for Fleet which would immediately be very profitable & our value would consequently increase substantially .
Lovely thought !!

Outlook statement accompanying Results will be crucial in setting the tone for our future & the direction of our SP.I will monitor next week & may buy more ahead of Results

After a period with little news,2 very positive announcements together with the more positive disposition of our new CEO is possibly causing The Market to consider whether SEE do have superior technology (relative to the current competition ) with the deal flow expected to accelerate over the coming weeks & months.Apart from the substantial potential for Auto to secure contracts with total value approaching A$1bill over the next couple of years ,Fleet ,(with its new plan), is currently hardly scratching the surface of the vast potential global market,& ,as PM said earlier this week,the Fleet contribution by 2020 will be material -additionally Aviation is expected to announce what I presume will be a decent contract sometime soon.
We are currently valued at around US $180mill-which must be very cheap for a company with our potential (& no debt & around US$50mill in the bank .
Tempting myself to buy even more next week on basis that our proposition has been derisked in recent weeks & the derisking is set to continue which should be accompanied by an increasing SP-

If we believe in the superiority of our technology & that more substantial contracts will be signed over the coming months with global OEMs , & that Fleet will,on its own ,become a very major contributor to revenues ( & profits) let alone Aviation & any new applications which our technology may be appropriate for -then we must believe that we are substantially undervalued.It should not come as a surprise that we are valued very lowly as in the last 12 months or so we have suffered TFD ( Fleet revenues for FY20 were originally projected to be very high ) ,we have lost 2 CEO s, 2 Chairmen ( Inc KK), & our head of fleet.additionally I think we all agreed that as conservative as KK was the truth was somewhat obscured regarding TFD.
If we achieve the success we expect & one day,in the nnext 2/3 years, we enjoy a rousing 300p party we will not regret our investments her.Had this gone up in a straight line after I initially invested I may never have increased my holding substantially, but over the years I have taken advantage of the down times & increased,as I am sure have many of us ,which puts us in a position,should the future pan out as we hope , to make substantial profits-assuming we stay ahead of the game & continue winning major contracts with global brands.
Feeling decidedly optimistic about SEE on this gloomy Friday morning & wishing you all a fine weekend .

Reassuring update from Paul & ,again, he is more optimistic & bullish than KK ever allowed himself to be .Credit to KK,Paul is clearly doing a great job but the foundations for todays positive update were laid by KK as Paul has only been in situ for a few weeks.It is clear that 3p is well & truly behind us & hard to believe we could have bought 3 weeks ago for around that level.
My last buy was a few days ago at 4p & I suspect that will be my last buy !

Just listened & I don't recollect KK ever stating that he considered us to be undervalued

Particularly bearing in mind that he , currently,owns none of our shares,although I am sure an award will soon be made & lets hope he is incentivised for achieving success .

Particularly bearing in mind that he , currently,owns none of our shares,although I am sure an award will soon be made & lets hope he is incentivised for achieving success .

89p may seem " pretty cheap " Patrickt , but were it ever to be seen & were we to all be still holding our current number of shares,many of us would have made a substantial 7 figure profit & we would then be well on the road the road to The Holy Grail of 300p.
I reckon that many here will be gone long before 89p

You would expect coaches & buses to be mandated before lorries & trucks as their cargo is people & history is littered with horrendous accidents & loss of life ,a large number of which could be totally avoid by inclusion of our DMS-particularly in countries where large distances are regularly covered.Presumably Paul, Mike & Team are working on it !

Closure of our mine may result in 1000 redundancies but the ripple affect would probably affect 10,000 people in the local economy, a region where unemployment remains high.