Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Anyone want any better signals to come out of SEE? I understand peoples frustration at the past couple of years but surely the rest of the year should be good. Mr Ive re-buying tells me loads as to what he is expecting.
A little bit of press coverage, but not mentioning SEE, although SEE have put out congratulations on FB!
https://markets.ft.com/data/announce/full?dockey=1330-9108625en-7FQS96N9VK0AG02LCPD9ESE9S8
You can take offence if you want to although the particular person I am referring to has been crying for so long and loud that it is quite beyond my tolerance levels and is now filtered. I am not fond of Paul Mc even before his original bonus was announced.
I am down a little now, but I am fortunate to have traded this share along the way, some of it totally by accident. Sadly my last buys were at a bargain 6.1p. Then I also have shares bought at 3p, 3.1p and 3.2p that I have never traded. It will all come good but I have mostly stopped reading the posts here because of the cry-babies.
Exactly Joily, well said.
None of the DMS suppliers have announced the massive contracts that were to be bid upon, the date for implementation scuppered that, so these big contracts are still there to be announced, by somebody. I would be alarmed if a Billion $ of contracts had been announced, but they havn't so we all wait. Sorry folks but thats life as a small fish in the car supplier chain. All these tiny secrets are kept under wraps until the cars come out on test.
Meanwhile I first bought into this stock at 4.4p !
"We assume the premium OEMs are first in line, such as Mercedes, Volvo, Audi, etc., followed by larger OEMs within 2-3 years." Says it all to me, obvious BS aimed at SEE and their weakened Share price and Bod inability to respond.
First of all, well played the derampers, you certainly maxed out the negatives of the Neutral RNS, shame for you it fell so little!
Now back to reality, I detected a better written RNS and it felt to me that the news was far better written – dare I hope that PR may well improve now?
On days like yesterday it pays to remember
Has the CFO invested his family fortune in SEE?
Has more than one massive RFQ decision been announced by anyone? Perhaps the SEE / Magna win could count as another?
Has SEE breakeven been amended?
… I could go on but for me these three points keep me holding and these minor bumps can be ignored.
Baxter exactly what are you trying to achieve?
Your post at 10:14 was your usual pathetic moaning and is so market naive its a joke.
The post at 10:21 is what YOU should be doing instead of copying other peoples research. Stop bleating and contact the company and try to put a bit of pressure on the company. Do something yourself and stop leaning on others, because lets face it, you not selling SEE shares is everyone else's fault, not your own.
If you believe this narrative why are you still holding?
Good Lord listen to you winge, who forced you to hold? YOU held, so stop being a wimp blaming others, YOU made the decision not to trade this no one else. I blame no-one but the idiot in the mirror. Email PMG and tell him he is to blame by all means or even better attend the next questions event, I look forward to it.
Your link reposted through a different article (no c0ckpit in the wording)
https://www.slashgear.com/1488538/qualcomm-bosch-integrated-auto-compute-platform-ces/
Link does not work but landed on this instead
https://www.computerweekly.com/news/366565539/Software-defined-vehicles-market-to-be-worth-over-700bn-by-2034
All the big companies we have contracts with are mentioned .... I just get the feeling we might have a nice day tomorrow,
thanks terry, it is precisely this type of article that really confuses me. they really rate bluecruise and supercruise very highly, so why would gm give up its technical lead to go with a different manufacturer? this is why i firmly beleive the recent seye rns is for dual sourcing the bottom end vehicles - no pr buzz from gm. it makes no sense to let go the top end vehicles if supercruise is so good at the moment. i suspect ces will see see land a really big deal from gm and gm's own pr look to maximise these qualities which should give see a real good boot up the sp ****.
bmw sounds like seye being reviewed which is very encoraging, no wonder they switched dms!
tesla sounds terrible.
Well either he read my post or the pair of us are thinking the same on dual sourcing :-) Reading that blog right down to the bottom of the page sets the right tone IMO and hopefully the company will read it also and step up their game with communication.
In isolation todays SEYE win does not trouble me much at all. I have predicted that many big companies will dual source this type of equipment with any old DMS going into the budget end cars and the best DMS system going into their top end cars - this is typical in the Computer industry and since cars are so technologically advanced, dual sourcing fits well. The real battleground will be the mid value cars and I suggest it will be essential that SEE wins those contracts. We cannot tell what sort of order SEYE have won. In the Computer industry it is also typical that the budget end wins get announced first, as each company will want to keep their high end details under wraps longer, although not much longer.
Also I'd like to address those people bemoaning of the 50% market share claim. Please do not forget this was on revenue streams not overall wins, there is a big difference, and IF my logic is correct on dual sourcing the higher end will attract higher revenues. There is also one other factor. 1.55 Billion SEK sounds a lot, but a lifetime value converted into Aus $ is still not much more than the VW contract, which caused but a ripple when announced.
Trouble is all SEE holders are nervous as Paul Mc has made claims and not delivered again - well I guess he has 4 days left to deliver. Pauls failure to deliver makes me more nervous than SEYE's big win. But wait the Stellantis news broke on 22nd Decmber last year so perhaps Paul is putting on the Santa outfit as we speak!
As far as I understand the finances, all SEE need is one more contract the size of VW, then SEE becomes profitable in 2025. I suspect 1 RNS annoucing 1 big RFQ win then it will be quickly followed by the company annoucing planned profitability. That is what I expect off a BoD heavily invested SEE's SP rising. I wonder where the SP will stall after that?
Cue miseries complaining as usual.
There is another good reason to beleive good times are on the way. The frequency of green blobs has reduced massively, this last one was the first since 21st November for my feed.
SEYE are a good example of the potential for SEE holders. However the way the company presents the any news ought to change as the BoD are now financially incentivised for that to benefit. SEYE have proven how smallish contracts and good PR can turn around a companies SP. At the moment SEE are a company failing on promises and the market hates this aspect.
The really big contracts are still out there waiting to be announced. The much vaunted huge RFQ's have not been announced by any DMS company so far, these awards have to drop as news one day. If it is SEE that get the deals (and Director buys tell me we are red hot favorites) then our Share price will similarly shoot up, as long as they are presented correctly with a real bit of PR and "Buzz" put behind them.
6th November was the last Director buy after a run of 70+ such investments. 30 days ends tomorrow and its only 3 trading weeks before PMG's assetion fails again .... I hope this time his money is a massive indication of deliveries on promises made. I personally hope to see the end of single figures by the end of this year.
It is over generous, but I do not care. If I get my target price of 15p I will be set up for a nice retirement. If he becomes a multi-millionaire, I will be gone from shares forever and no more waking up before 7 o'clock!