Member Info for MrBB

I dont agree that $2.2 mill (+ likely expansion potential & monitoring revenue) is not significant when our projected revenues for FY19 are expected to be "similar" to last year, ie around $30mill.If we achieve $30mill then $2.2mill will be over 7% of our FY 19 .There are still almost 3 trading weeks before 30th June so lets hope for more deals before then which we can invoice for before that date & ensure we at least meet that target

Also great to know that BDMS is "real" & not hype following TFD & to turn a new business area into an initial $2.2mill deal within 7/8 months is pretty impressive & it is now clear why Nick raided his piggy bank to buy shares costing him £100k.Hopefully Paul will demonstrate the same commitment .

It demonstrates that there is life after Ken & ,more importantly,brings in much needed additional revenue towards the end of FY19 ,hopefully ensuring that we meet or exceed our modest revenue targets.the beauty of BDMS deals is that ,apart from the deal, they will provide more ongoing recurring revenue for our monitoring services,which must be an integral part of all Bdms deals

Hopefully a positive trading statement will be released with tomorrows AGM giving an indication of first half revenues

Very poor SP performance over a sustained period & our major IIs may consider him to be too conservative & risk averse,preferring a CEO who uses our surplus cash to make bolt on acquisitions to help us grow,rather than accumulate cash or embark upon another share buy back.Pity Dame Louise Makin will probably remain in a non exec capacity but her appointment would certainly boost our SP & prospects.

I would be reasonably happy with 357.50 as my profits would be in 8 figures...... which I think I could cope with .

Paul may have a different approach to creating shareholder value & if his position is made permanent i hope that he leads by example ie by buying a decent number of shares in The Market ( apart from free options & shares) as he bought none at all in our recent fundraise , Nick putting him to shame.

Great to see Lombard increasing again & they may have agitated for change & they are "rewarding " SEE by buying in The Market.I would be better if other IIs also increased their holdings & competition for our stock increased.
It would be best if we receive positive RFQ news before 30/6 in addition to a big Fleet deal & positive Aviation & Off Road & Rail news.Is that too much to ask ?

KKs replacement wasn’t announced today & we will still need a Chairman or CEO who will liaise successfully with The City -which won’t be easy from Canberra.The fact that replacements have not been announced suggests that ,perhaps Jack announced his departure to KK & Ken said I am going too .The commencement of the replacement process could simply be instructing Headhunters to find someone ,although would be likely to take a few months .
Despite our seemingly fantastic market leading technology we have been plagued by uncertainty over the last couple of years & we need a period of stability to accompany a period of strong growth to have a chance of making progress
It would be interesting to know what our key Institutional Investors have been told to encourage them to remain supportive .We need a strong CEO with a successful track record who,ideally has the resources & desire to take a decent holding here to give confidence to all stakeholders .Anyone interest in bidding for us could not have a better opportunity than right now & if that happens let’s hope 2 or 3 buyers emerge ensuring that we at least will get something for our shares .An Earthport scenario would be most acceptable

Pity they could not state that trading is in accordance with expectations etc etc & lets hope Pauls first RNS is not bad news !

As we approach the end of FY 19 I am more concerned that we will receive the RNS that we really do not want , ie we have fallen short of expectations & our revenues will be lower than expected.Many of us have large positions here & however optimistic we may be about our technology , technological lead over rivals & the fact that all new vehicles will soon need to have adequate DMS installed at point of manufacture -we still need news & preferably of the positive type.
I am sure that all of our key management are desperately trying to get deals signed by 30th June so lets hope some of them achieve that.

I bought back into Plus earlier this month & trading update on or before 18/6 should confirm a much improved second quarter following a very poor first quarter.
However ,& more to the point ,I increased my holding recently @ around 3p in a small Australian technology company with some very exciting DMS technology called SEEING MACHINES & I remain optimistic of excellent returns in the not too distant future

AGM is on 18/6 & there should be a trading update to accompany it,as our second quarter will be drawing to a ( hopefully much improved ) close.I bought back earlier this month & while our SP has performed well the previous 2 updates have demonstrated an ability for Plus to disappoint ,resulting in my being wary & ready to rapidly exit again,if required.

I doubt whether he would but 50,000 with his own hard earned cash if he expected us to be closed down by the Junta on environmental grounds,or whether our expansion was not proceeding according to plan.He will also be more aware of the potential for an exit than most .Very encouraging for we very long sufferers !

Good to see him buy a modest initial holding of 12,000 , which he will hopefully increase in the future.

Glad to see some modest buying by Directors /PDMR s following the more encouraging update & it would be good to see our CFO buy a few more

Solid statement & they may return physical cash or buy back 10% of our issued shares

On 16/1 Ken advised that we were "currrently engaged in 6 RFQs " which he expected to increase by 3 or 4 in FY19 & he said that the majority (of the 6 ) were expected in FY19.We have had 2 ,which leaves 4 ,& if 2 or 3 more are confirmed by 30/6,his credibility will be intact ,as no one will begrudge slippage of 1 or 2.
In the same RNS Ken also referred to deals expected with BDMS & an expansion of our Aviation program.
Following TFD it is not unreasonable to expect Ken to be very conservative in terms of managing the expectations of investors & his reputation ( & our share price) would be likely to suffer if it transpires that he has again over promised & under delivered.
Just under 5 weeks until 30/6 & if Ken is to deliver on his expectations ,our RNS momentum needs to ramp up substantially -which could happen but ,as ever, we must be pragmatic.

SOH has managed overheads brilliantly & I presume that if the salary of SP is $150k pa the expectation is that he will add new annual revenue streams of ,say $1mill + initially, generating a very healthy gross margin which will more than cover his salary & other related costs & provide a contribution to our bottom line.

You may be right ET ,but currently it is all speculation which will hopefully be resolved over the next few weeks .I am sure that SEYE & SEE are both desperate to win Toyota ,VW et all -& I am sure that they will both set their prices as competitively as possible & the Autos will decide which tech they decide to opt for .
Our tech & Fovio chip should give us the edge but money talks in these difficult times for Auto manufacturers & some will clearly go for the cheaper option & pay lip service to DMS without necessarily having the best available product .
Let’s hope the uncertainty will be over soon & we can them assess what we have & what the future holds