Member Info for OldFool13

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!

To be fair I view this detail as extremely encouraging. Taking myself back to when PMG's original bonus scheme was announced I was gutted to think the SP would only targeted to be 15p, yes I was probably being far too optimistic with my personal projections but events meant that even PMG's own target was dreadfully out of reach. I was also very disappointed the company saw fit to put new targets in place and not make them public, so todays news is very welcome.

IMO it underlines all the director buying and creates the feeling that (hidden) news to come will be good for us PI's, Why would the company and PMG agree to that structure having just failed the previous targets?

As noted by others on this BB the director buys have dried up so its time to deliver on the promises.

I think that is a good assessment Escovido, and why not? It is about time big contracts were announced (for us, or SEYE), the car companies themselves have a receeding timeline and I am sure they will want to compete with BMW and Mercedes. Any contract involving Magna are much more likely to be RNS'd properly as well due to the clout Magna wield compared with our small company. Paul has said before Christmas, surely this one has to be correct and due.

Well Yoy comparisons is about right. It all follows the trend in car sales which currently reports on a typical poor 3 month set of figures. Compare that against the background sales:

https://www.am-online.com/data/manufacturer-insight

I just wish SEE's internal PR could better prepare what was blatantly obvious. You would increase sales if all the market is expecting lower sales, next quarter will be different as its a better period.

Scope for future growth?

PMG could start with the GM $7 million deal. The models in production already must be threatening this. We know 40,000 units were sold to Dec 2022 (see link below) and the number of individual models are rising from 14 to 22 by the end of this year so must bust the $7m lifetime revenue in North America alone. A little PR around this one contract will do wonders, on top of actually new “News”.

https://gmauthority.com/blog/2022/12/gm-built-more-than-40000-super-cruise-equipped-vehicles-so-far/

Seeing-2020, I think I could say the same back to you! What I meant was that people are failing to catch onto the importance of Terry's posts of late NOT a critisism of his excellent work. Was not really intended as a criticism of any posters here, just prompting them to re-read. perhaps I just did not write it correctly!

Sometimes this BB really confuses me by missing the importance of certain posts. Recently 2 posts of Terry’s received just 3 thumbs up! I don’t think people are understanding the magnitude of what the independent words are saying.

3 Nov 2023 10:58 – This is a massive endorsement of SEE over SEYE. This means that BMW could not get SEYE software to improve enough so they switched to SEE. “The improved Driver Assistant Pro package”, just go back and read his post again.

2 Nov 2023 21:04 - a similar theme to the above

If you cannot get enthusiastic by this with BMW then just try a bit of Googling, understanding our software is going into ALL BMW models, then find out how many cars BMW sells in any one year times by a very conservative $10 per car …. you do the maths!

27 Oct 2023 21:24 – please revisit this report. This is a direct endorsement of SEE through independent tests, sure that also includes the ADAS element of the software, however bad DMS would drag the scores down. The top 3 are all SEE, while the very best SEYE offering could only manage fourth with BMW’s previous software. While Tesla is well down that list.

25 Oct 2023 08:44 – sigh, I give up!

Ask yourselves why any company would not want their Medium and Higher end cars to end cars to be downrated by software alone!

At some point in the near future all these director buys will also pay off for us as well. I suspect they know what is coming, possibly from Magna as their communication with shareholders is not so restricted by NDA. When that RNS drops new investors will look in and they will see a sea of Director buys and I suspect cause quite a jump in the SP. Despite the trip below 5p I am very optimistic about a re-rate this year.

But what we do want is an uodate to the GM contract

With an RNS'd amount of $7million lifetime expectancy we really need to be updated

Can anyone imagine posting on a Share thread that you have no financial interest in? Posting throught the day, some evenings and even into the night? I cannot imagine the depth of such an unhealthy obsession. What drives people to obsess over a POV when they have no financial interest? Weird as hell.

As I get older people surprise me with their oddities more and more. I sort of understand the ex-holder being bitter and twisted, well sort of, but to have zero skin in the game and spend so many hours of your life wasting time only to be ignored by so many is just nuts.

Baxter you have no-one but yourself to blame. I remember a time when the SP here was seriously down and you posted extremely negatively, so negatively I and a couple others were worried for your safety. Happy that my fears were unfounded. Then the SP rose to 12p why on earth did you not sell? Seriously, you did get in such a bad headspace, to not sell anywhere in double figures was a serious error, your error. However you chose to stay in this share despite some serious world problems that have hit this and many other sectors.

I actually agree PMG has not delivered on claims made in interviews and he needs to stop if ever he wants to be a CEO once this gets taken over. Misleading investors with false claims is not cool, however the BIG deals done with Magna etc really is to his eternal credit, getting the collaborations he has secured will pay out in time with this company and those patient enough to wait. DMS providers are on the cusp of good times driven by timescales, and I hope (nay expect) SEE to secure a patient 30% + share of the market by the same quiet tactics that are currently driving us nuts.

You are wasting your time. Everything he says about SEE is ill researched or wrong, so he is nothing more than a troll. A troll you are feeding (like I am now lol) and encoraging him to post ever increasinly daft items about DMS. Just laugh and know no-one takes any notice of the poor fool - well apart from the person he talks with in the mirror. OR just filter the fool.