Member Info for OldFool13

RNS due tomorrow to announce Magna's holding I think: SEE's Investor page has been updated and you can see the changes below, but no mention of the Magna holding but the other changes are reflected.

Major Shareholders 31st Aug 2021 1st Dec 2021
Lombard Odier Investment Managers 17.39 16.70
VS International Venture 9.44 9.44
Federated Hermes, Inc. 9.60 10.58
Herald Investment Management 4.55 4.55
Kilik and Co 3.74 3.71
Independent Investment Trust 2.58 2.58
Richard Griffths and family 4.02 4.02

Total held 51.32 51.58

Polar Capital were at 2.22% holding but dissapeared from SEE's investors page 27th Sept 2019, but were back on as a holder 28th Jan 2020 at 1.51% until 3rd Feb 2021.

Glandore, have you had any reply from the company yet?

There are some real low lifes on these Boards some times

Whoa there Mr selective memory, I remember who it was that secured the base for this company to rise from, I don't seem to remember BS from Ken, just a huge feck up with the supply chain. Read what I wrote again, I was criticising the PR, which under Pauls leadership has been pretty poor for the short term. You name the reason for the SP dropping back off 12 this week, I'm all ears.

Wish I could spell!

See are a brilliant company making great progress but with poor PR. The RNS highlighting the Magna deal was buried under a lot of text upon refinancing. Today a lack of clarity on contracts with PI questions ducked, no point in asking for questions then avoiding them. Whether anyone likes it or not Paul maybe a good leader but since Ken went the RNS's fail to give any financial guidance. S2020's detailed questions ignored. The market does not know how to value SEE as promised pipelines sometimes dissapear "immently" without budgetry guidance.

Put yourself in a non SEE holders position and view the last RNS's again. People have little patience to read, which does not help us investors that want increased SP.

Now that is a bizarre conclusion

I understand now, thanks, but The raie is for a purchase

"The Directors continue to see accelerating momentum for the business, with current market conditions presenting a significant opportunity to capture an even greater market share as the market benefits from a number of structural tailwinds. The net proceeds of the recent fundraise will enable the Company to make the necessary investment in order to secure this opportunity ...."

I think you have that wrong, or I am a very old fool

The resultant loss for the period represented a decrease of A$29,068,000 at A$17,420,000 (2020: A$46,488,000). Net cash and cash equivalents at 30 June 2021 totalled A$47,393,000 (2020: A$38,138,000).

The raise is clearly for a purchase.

Some people reearch and hare their results and are the only posts worth reading (thesse can be either positive or negative). The there are some people that comment 1 dimensionally positive, some people complain to lever sellers, then there are fools that are on a planet of their own. I cannot be bothered with most of the posts you see on this thread and be very wary of believing any of them as over positive posters can be very dangerous to your wealth. Filter the fools.

And surely SEE have to protect a low SP bid now. It won't be in managements interest to see a low ball bid from Qualcomm (seen it done before) that does not maximise their freebies and bought shares. I know the Australian rules sort of protect this but never underestimate the totally bonkers decisions II's make with cristalising profits.

I hope your questions get a better response from the company. When we last submitted quetions to the company I asked this

"In the period October 2017 to September 2019 you announced contracts for 6 OEM’s, and the contract value stated on RNS’s are between A$125 to A$159, using your stated figures. During the Proactive Investors interview of 3rd February you said: “License revenues from vehicle production has increased materially” and “that the new RFQ’s you have won are earlier than expected” but stating that “earliest increase in revenue by 2023”. Can you update us how expected revenues have altered between RNS released figures and the increased booked pipeline? I am not asking to violate NDA’s."

Pauls answer was "We don't do that".

I hope that now he has bought shares, presented to Americans and other directors have also bought in around 9p there may well be more of an incentive to increase the SP. There is of course the real possibility of a buy-out and the SP dithering at todays level hardly encourages a high bid.

So I applaud this initiative, I hope you get a better response than me.

boonboon, in reply to your question; 20% of my investment will be sold at 13p, this portion is Mortgage payback money I bought in 2017 and I'll be relieved to get this out of shares completely. I remember the utter dispair I felt at 2p and I never ever want to encounter that feeling again. The rest of my holding I am hoping for a 35p realisation.

Had this down as a SEE win from earlier research ... now I wonder. Check out 2.29 on thi video

https://www.lucidmotors.com/stories/grand-reveal-dreamdrive

You are regurgitating the dubious messaging from SEYE, the same lines they tried to bluff out BMW for so long. Independently tested, where are the models?

Buddyboy, plural not singular. - "Yes, the article is comparing a car modelS with SEE vs Tesla" off the back of independant testing report. There has to be SEYE cars on the road but where are they? Polestar is one surely?

Joker14

i think you missed the point buddyboy :-) Where in that article does it mention SEYE cars?

https://www.autoblog.com/2020/10/28/tesla-autopilot-loses-gm-super-cruise-wins/

I'll await an answer

Where are the Kings of DMS cars? :-)

Matml74 To be fair, Paul McGlone inflated the price by claiming the pipeline, prior to this we have seen the imminent blunder that has never landed. It is long overdue that news is released and how expected revenue streams have increased (does not have to violate NDA if the companies are not mentioned) but as someone has already pointed out SEYE SP is falling back on similar lack of news. The DMS market seems to be on hold, but at some point it will break.

SEE PR could definately do better.