Member Info for NathanR999

Our main competitors smarteye have the same issue and their price grinds sideways , has a blip up on a small extension and grinds lower by small amount week to week. Both are not profitable yet, both likely will dominate dms sales. We will have guardian , mining and aero and they will have their market research/ basic research streams as additional business. Both likely to be profitable in 18months. Market needs its cash gen now as we are still in highest risk finance wise since GFC and covid. Risk still not zero of us default, general unrest in Eastern Europe and war. China non reliable geopolitical Risk. Its just tough and its weighing on everything with smaller non profitable companies feeling it the most. Grit your teeth time.

Could be polestar .

See MK from smarteye is out at shows pointing at cars on twitter again. Ffs. Maybe PMG should start a vlog pointing at planes. A few Nissan , isuzu and Toyota models shown. No doubt his 360 twitter followers will be working themselves into a frenzy...

If my understand and take home is correct then relationships we have with l3 and cae on sims won't be negatively affected. As the full flight simulators have a specific deck set up that replicates type approved flight models then all the dials and controls and avionics are replicated into the sim so they get built using Collins and others components meaning we get ported not.only into the plane but also the model.specific sim. I guess then that makes the install non negotiable for the sim maker? I guess we also have secondary sales of training function algorithms that go further than the flight deck which is initially fatigue. We may.also get extra camera or data points as extra sales with the sim maker/training provider that measures the pilots visual field for the scanning of controls - I guess that.might end up in the flight deck.also as part of black box data capture as part of incident review. Throw in autonomous drone and fighters and say aircraft carrier or naval radar operators where equipment is similar to avionics etc we will just get a licence/royalty payment so totals will take a while to grow but our own cost base would balloon to deliver this and Collins will be a slick sales.machine. this will likely grow to a significant high margin payment that will build overall profits. I don't see.much revenue for 3 or 4 years outside of the NRE and staged initial licence upfront but this really ought start to cause pennies to drop that cash generation will be large and real across a good number of sources. Its frustrating that similar businesses listed in US get this type of future revenue reflected in valuations at a much earlier stage. We can argue if that's helpful but it would be nice if we at least got a unicorn status c23p in Fy 2023-2024. I can wait til.2026 for more 😉. 6p seems thin gruel vs opportunity in front of us.

My guess, and it is just a guess is that the simulators are built to replicate an in-service aircraft and dials and controls are supplied by the same oems that supply a flight worthy aircraft. I guess any fitments by Collins for a sim would replicate. It is not beyond realms of possibility that a second pilot side system that looks at different things as part of a sim set up means a secondary sale. Just my opinion but sims will cover lots of models in service that don't have Collins/see install for a.long time as service life for aircraft is long and model updates periodic etc. It could be Collins sell to oem and sim manufacturer as paired sale and sim manufacturer sources separately as aftermarket for their needs that Collins won't cover. This might decrease over time as Collins installs scale over 10-20 yrs. Long term revenue builder. Hopefully this gets properly weighted into our value.

Anyne watch this? Did it have dog my homework vibes like previous ones? Any questions from investors get asked around aviation for them in light of our news?

Magna news close to Smarteye quarterly update. Collins news on the day of smarteye quarterly. LOL. Top class Sh#@housing. 👏

£1.33

Family holding 2. 075 million across 4 portfolios. Isa x2 and sippx2 held and added to over 7+ yrs

Re major shareholders selling. Not ideal for sure but you have had a backdrop of a mini banking crisis. Interest rates are pushed up now to the point its beginning to.break things. Still risk off regardless of the small rallies in various world indices. Still bad news to come and not sure how.much larger holders have been hit by recent events around risk management etc. Are we profitable. No. Are we sure we won't need to raise more.money. not 100% if execution delays shift things 1 or 2 quarters. Are there other opportunities out there. Of course. This all feeds in. I am happy with my holding (which is c9.4p average) which is under water but my risk is my own responsibility. Others are doing what they need to do. Do I see a better picture down the line. Yes otherwise I wouldn't Still hold. Again my view on the information in public domain.

Interesting. Had never heard of the company so Dr Google was my friend. Seems related Toyota as a subsidiary incubator company type thing. Anyone else shed any light on who and what this might mean for Toyota and dms.

Martin adding more. Not contract win but decent chunk of change totalling up now

I think we can probably safely say they will have interests in all the spaces we do. Success in those spaces is a different matter. As a sales manager of a small team my mantra is its pi55 easy selling cheap but it don't grow the company and its a race to the bottom that ends in tears.

TERRYM I don't disagree however finance markets last two weeks have collapsed and I guess smart money may sit on side for a bit longer. US regional banks all over the shop and still fallout on SVB which although doesn't directly involve us it will have put cat amongst pigeons for sure. Squeaky bum time again for world markets. The bank issues from Northern Rock, Lehmann and Bear Stearns ran for a good few months as dominoes fell. We maybe at the start of a few more liquidations. That will knock all.sorts of time lines. Hard hat needed and some patience I think. Not much we can do. We can't make OEM sign quicker, ditto aviation deal. The recent oem wins for smarteye boosted them for sure but they have fallen back 10 or 15% since. Its all a mess........

All fair comments but to expect a fund manager to invest the following days or even week is pushing it a little. One could imagine some investment decision need levels of internal approval. They as investors might also look to evidence outside and maybe independently verify what is been said. That process could take a month, I am.not a fund manager but could certainly see weekly or monthly analyst and management decision meeting being part of weighing up a suite of potential investments before they authorised capital deployment. The coming weeks and months maybe more telling. A lot of shares in issue and to get a reportable number of say 1% is a lot of buying and we might see 40million shares against the general daily noise.

We should see this soon, Sophie in IR has said they plan to release US CMD video to wider audience.

Thanks for the more accurate figure. Sounds.like a route to fudged outcome that prob kicks can down the road in the banking sector is.likely in us and uk.

17mill small in relation to.company mcap for sure. Prob 10 to 15% of liquid capital in bank. Won't kill them but highlights the tight rope even profitable tight run ship might have to negotiate. If the 17m was earmarked for something and is tied up until.liquidity is solved then less than ideal tbh.!

Slightly unrelated, Ambarella exposed to SVB crisis. Pretty certain a fudge will sort short term issues but pretty clear lessons not learnt from 2008 financial crisis.

My guess is how the mirror position can view and monitor eyes and passengers at same time and cope with changes of mirror position but prob too clever for my brain to know. If it helps protect our position and stops others do the.mirror without a to n of delays then that's great