Member Info for NathanR999

Hopefully they won't pull us down too. We likely will float around plus/minus 3%. Based on twitter and a bit of auto translate some unhappiness on the hashtag $seye. Hopefully our treatment on

Https://www.smarteye.se/investors/press-releases/press-detail/?slug=smart-eye-unveils-ais-focus-advanced-distraction-detection-for-buses-and-trucks-compliant-with-new-eu-safety-mandate

Rehashed news of something announced a good while back. 1st GEN for them vs 3rd gen for us. For us it will about numbers fitting GEN 3 as first revenue but the conversion to then connect to guardian monitoring as a subscription which will really accelerate revenues for us here. This will be largest bit of business event if they only connect 30% assuming we get a couple of 100k fittings per year.

Https://www.redeye.se/research/1030071/smart-eye-q2-2024-soft-q2-but-strong-outlook?s=09

i asked the question re left field news. valeo had their own in house dms until they didn't. it was an exploratory question as a possibility. it still is a possibility and a reasonable consideration to.make and understand if you look at the market and how it may develop. gentex wont give away thier mirrors to a dms loaded one without a fight. smarteye we know has faults but do win business. it is not unreasonable they could do a deal and get some money in as part of the deal.as per the see.and magna deal. do i think it's likely, not sure to be honest, but the chances are not zero. any new mirror dms deals are sure taking a while. the valeo smart 360 package could actually be a decent volume for some.models and some of those maybe in markets we have had a win in like china. it's the.opacity of deals that kills the hope. next ncap is 11/9 . hopefully this includes the vehicle with.mirror dms.we have at sop. one thing we do have that is unique are dedicated chip designs the accelerate at low heat/wattage monitoring. what collins do with this in the passenger cabin could be interesting if thier work with ****pit and pilots throws up use cases outside. passenger verification in seat, seat belt on off. medical emergency, aggressive agitation. frequent flyer entertainment offers. 150 camera positions in the overhead light area would need dedicated chip processing and an npu would do that without massive chip overhead. however collins needs to walk first, run later. those labelled tiers need to be signed off for use first and that's quite at the moment. we know smarteye aren't doing this bit.

Gentex license for rear view mirror, their own exclusive deal for this position. Aids Gentex as in house software likely not great- Smarteye realise they maybe disadvantaged?

Announce break even on basis of booking the license deal.

Mad? Unlikely? Realistic?

Check the rns's.

I smell a fund raise incoming for Smarteye.

Https://www.redeye.se/research/1029694/smart-eye-another-mega-order-and-another-mega-oem-customer?utm_source=note&utm_medium=email¬ificationId=348a7d33-dd85-43e2-917e-0057e695174d

Https://www.smarteye.se/investors/press-releases/press-detail/?slug=smart-eye-announces-700-msek-deal-with-volvo-cars-audi-porsche-gm-and-one-more-european-oem

I see the ridiculous automated sales of tiny numbers of shares are back.

It's just Jesper talking his own book and twisting interpretations of words said so it fits their acceleration at Smarteye narrative. KPIs KPIs KPIs if smarteye shown theirs this quarter I will be shocked. One big number covering NRE and auto. Big fanfare about having over 2m cars on road. Something something ramp up/take rates in Korea,Japan,USA etc etc still kings of dms blah blah blah

Https://www.redeye.se/research/1027798/smart-eye-preview-q224-expecting-close-to-ebitda-breakeven-and-much-improved-cash-flow?utm_source=note&utm_medium=email¬ificationId=6c535b0a-ef2d-4342-87f4-c7181f12a1d6

Apparently all fine and dandy in Smarteye world.

One imagines CB has a few open back channels for information for see and likely cipia and seye. There isn't often push back from parties mentioned when he does his analysis and posts on linkedin. One would imagine that to.market his research to brokers and HNW/family offices he must be standing on decent foundations. Fingers xd

Timing of results- slated for later in August. Reckon the timing is likely to coincidentally align with the Smarteye quarterly with some interesting commentary around the caterpillar deal and the large tranche of g2 guardian sales.? Might this signal if accounting treatment allows a technical break even and covers the gap until next quarter where run rate maybe even higher? Just mulling this scenario -likely or wishful thinking? Might this be a bit of positioning that leads to chickens coming home to roost for some of the ambitious/ficticious fitment uptake guidance?

The volvo,mitsubishi,kia difficulties might hit numbers a little if shipments paused ala ex30. Definately some questions for thier quarterly zoom - not that they will me asked mind. Shifty Martin and whoever this quarters CFO keep pushing ramp up out due to reasons. My prediction is they will announce 2 million cars but not exact figure so run rate is still opaque and nre and sales lumped together still. Wonder who picks up tab for fixing issues around ex30 - tier 1 as integrator or smarteye?

Still no definitive reviews around Vw and magna mirror dms so until we see this there by the grace of God and all that.

Mmm. Sell many thousands to oem in Europe via.mandated fitment via a few sales channels at scale or ensure 1 or 2 smaller fleets are satisfied everywhere else at a much higher cost to see impacting cashflow. Mmmm what to choose.....

Would be nice, for once, that we get some sustained share price movement into more positive territory. See have made significant progress on aviation (some will poo poo this but a partner like Collins getting flight certified kit into 30yr operational life of key high volume passenger, freight and military aircraft will be a nice strong vertical, patience is required for this) OEM fitment is running faster than previous kings of DMS and we have two very highly capable tier 1s that have vested interests in securing high volumes and positioning See as first choice. Aftermanufacture/Aftermarket could be a golden goose if the mandated fitment of dms has a significant pull through uptake of monitoring also. Even a 25% uptake will build to great numbers of 2 to 3 years. A return to 10p or above would be very welcome here. The business is fundamentally better than it was when it was last 12p. Cash positive run rate will underpin this but you cannot look at see in isolation to rest of dms market. We are clear leaders now, some will fall by wayside and it won't be us. If we get a quarter of the.valuation of mobileye which for.me is a good adjacent comparable business then we will all be happy. Just need to ensure cash and overheads are well controlled and my view is that is happening and the deeper relationships we have with valeo and magna both top tier partners of.mobileye will mean simalr market penetration and higher asp. Aim however is a dog market for something that could be a tech unicorn in 2 to 3 years

. With Guardian Generation 2 stock sold we are now focused on Guardian Generation 3, initially with European commercial vehicle OEMs, then all customers across existing markets in Europe, The Americas and Asia Pacific."

One for any investor meets presentation q and a for clarification. To me this suggests all GEN 2 is now sold and with 9000 sold but not connected this may back that up.

Thoughts?

Another thing I noticed from the rns was it seems we have unwound and sold the existing gen 2 stock as per CFO mentioned earlier in year. A lot of stock off the books and more capital light approach as manufacturer ships direct to oem as I understood it. Anyone confirm or add more understanding here or am I.misreading things?

probably focusing on the aftermanufacture as that will take technician time for any nre work prior to ****logation to prove fit for road. the mandating market is eu so sensible to focus energy there. will take time to train fitment for distribution channels for other markets where aftermarket will predominate. didn't think it was a negative. run rate still decent for cars on road and yet to see a new new golf on road in uk as far as i can tell. reaction prob won't be amazing from market but going through 2m before our prime competitor has shifted the crown of king of dms.

I am hoping Colins take feeds through to confirm the fitment rate of dms in bmw. My scepticism is that the curved screen being a marker for dms fitment. My worry is dms is part of say a supported drive system fitment. They may not be the same. Once we see the numbers next week we can hopefully get more reassuring vibes. Smarteye may look to announce 2 million vehicles. Will we have the same announcement. GLA