The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Well look back through November and December and SEYE announced 7 wins and the competition announced just 1, it would appear that they are running away with it. However the spectre of the fundraise will have dampened buying even with all these wins, so the pressure is upwards. I really don't know what SEE are playing at TBH because if any of these are Dual Sourced for our existing wins surely SEE can update us!
While we wait and twiddle our fingers, I WANT TO KNOW WHAT MARTIN IVE KNOWS!
Smarteye should do well, and as far as I read the detail they have won the race to the bottom! Even the cars Krantz mentions are hinting at the lower end cars, and the wording within his statement is interesting. Why separate the two VW lines? "We count the brand VW together with Skoda and Seat as one since they procure together. Porsche and Audi are two separate OEMs in the VW group" To me Krantz is revealing he has won some VW models and Skoda. He then starts a new line, saying that Audi and Porsche are separate OEM's; either won by someone else, or still up for grabs, not that SEYE have won them.
I do think they have won the race to the bottom ( do we really want to occupy that space?) because McGlone has already given reasons why SEE have not gone that way by saving manufacturers money by cost savings within the set up and not dropping our price. SMART. As I have mentioned before the real battleground will be the mid tier models, this is where the money is for most contracts.
But we do need to see contracts won and a little more detail please Mr McGlone.
Sounds like a desperate defence to me ... why spring all those names to a blogger? Unprofessional (if NDA's are to be believed) and rather curious since something else is due to be happening. Now I wonder what that can be ahead of his own companies fundraise? I suspect a very large SEE RNS this week, as he will know he lost the contract, so to head off his own company SP falling he blurts out all these names. How interesting.
However if I am wrong SEE need to address their reluctance with newsflow. I don't think I am though and am looking forward to this week.
Checkin, I AGREE, well almost! Normal Director buys mean almost nothing as your example is perfectly correct. However a CFO buying in is different. New to the post, he will know all the financial likeliness of where the SP will go and the place HIS family fortune in and risk it would be unheard of. Look at his career credentials, Martin Ive is very well respected. A CFO buying in over 3 days trying to get a decent amount in the open market also flags he is in a hurry to get to his goal for his own ends. Dismiss it if you want but do not misdirect people along the way.
These buys from the CFO's family fund are very significant and do not effect newsflow as contracts won are not in SEE's control. I expect very good news, very soon - yes I know I predicted November/December, but I don't mind being late. Someone has to be announced as the Billion Dollar Pipeline winners SOON.
As sipps1 said, stop bickering with fools or end up making the discussion look daft.
Great news about the CFO, Martin Ive, but seriously have a word with yourselves, reading a SEYE fanboys posts just so he can wet himself that people take note of his lies!
A new CFO buying in is a significant signal to the market of where the SP will be going.
Like all big companies, they can be idiots with their investments. From the my previous career watching HP and Microsoft buy out other companies to end up wrecking value was mind boggling. The Microsoft/ Nokia saga is a perfect example. However that is only correct if you believe SEE will never go above 11p; with certainty it will, as long as it achieves the targeted % of wins.
I eagerly await 19th January then, this could be huge for SEE (or the opposite!) as at last an independent company will assess how good our DMS is against the likes of Tesla and Mazda who don't have SEE tech and the others that may or may not have it. We might get information flow from this as surely Thatcham will know the manufacturers details surely. At last we will get a measure of how well our Tech works against SEYE (and others?)
I have said before that I expect the market to dual source just as the Computer industry did with Intel and AMD chips back along. The best in the best models but to be able to say DMS is in the budget market any old cheap offering will do. The battleground will be in the Mid range cars.
Then again I also said repeatedly that November/December would be the months when a lot of the 2023 deals would get announced .... and I am 3/4 wrong so far.
Well we are in the last month of the price prediction competition and I think it sums up the abject failure of the Share Price this year and our abject failure to forsee how this year would work out. Everything can change in this last month but Baxter1 is currently the red hot favorite:
The Share Price has to DOUBLE to reach is low prediction!
13.6p - Baxter1 - spike 16.5p
14p - isb1974 – spike 14.5p
14.8p - glandore - spike. 15.6p
15p - UrbanSpaceman - spike 18.5p
15p - bonzoful - spike 17p
16.5p - Monkshood - spike 20.5p
17p – Jins - spike 23p
17.8p - pv72 - spike 25p
18p - Chris100 - spike 20p
18.5p - Brockwl - spike 21p
18.7p - shallwe - spike 23.9p
19p - Gazzasw44 – spike 23p
20p – Zequic – spike 23p
21p - soulboy - spike 29p
22p - W13Ken - spike 24.6p
22p – Flutterbutternut – spike 26p
22.5p – Visor – spike 29.5p
23p - sportraider1 – spike 28p
24p - Almagest - spike 31p
25p - sn1234 - spike 30p
25p - MrBB - spike 35p
25p - Seeing2030 - spike 29p
26p - 4foxache - spike 29p
27p – oatcake - spike 34p
28p - pm444 - spike 32p
28p - Mine4heartofgold – spike 33p
28p - Giraffe4444 - spike 44p
29p - Ratboy1971 - spike 42p
29.5p – paulgold - spike 35p.
30p – theneedforspeed – spike 35p
30p – Chairboy – spike 36p
34p - Numptypi - 40p spike
36.7p - Oldfool13 - spike 43.4p
37p - Teamin - spike 41p
38p - terrym - spike 54p
39p – DRUSS – spike 57p
40p – RossC – spike 44p
40p - Matml74 – spike 50p
40.6p - Klick - spike 47.4p
42p – Bauchsapt – spike 51p
42p – paulpingles – spike 56p
45p - SEEuJIMMY - spike 60p
46p - Lostinfrance - spike 53p
49p - modestguy - spike 56p
56p - BlueSquirrel16 - spike 56p
60p – Aljess – spike 80p
60p - Lewbo18 – spike 80p
65p - buffettology - spike 75p
86p - Boydolin - spike 95p
100p - Seeing-2020 - spike 100p
100p - UpDownWeGo - spike 120p
100p – jazzindahouse – spike 150p
122p – Redindi – spike 122p
240p - Wilson63 – 240p
300p - SEEROCKET2022 - spike 600p
Those big trades last week were organised matched pairs but also\o an additional 73mil that went to an unnamed new holder, and this is virtually the only time MM's get involved in SETS. DYOR and do yourself a favour.
And I cannot put together a cohesive sentence :-)
A little help for Oldfool13 please? I have been recording SEE ii holdings since 2018 and I did not note the last percentages held from February 2022 (as per SEE website) Does anyone know the Lombard holdings and Federated Hermes positions? The rest are unchanged from Oct 2021.
Thanks in advance