Member Info for phil01

You are asking for nan investment advise on a BB????

Amazes me on the mixture of folks who believe investment is a good place for them to put their hard earned money rather than the bank. It is no wonder the statistics says that more than 70% of private investors lose money.

In other words less than 3 in 10 of us will make money out of investment, mainly because some become emotionally attached to an investment and can no longer be rational.

Either finding a reason to make excuses for poor performance or finding a reason to believe that a company, irrespective of performance, is doomed to failure. Bias confirmation.

Sorry last post was from a smart phone which is not too smart, coupled with my fat thumb syndrome and small phone screen size.

Lots of spelling and grammatical errors.

....meant to write that I am not a professional investor.....

no matter how you look at fed inv, it is not a good look.

1. if they are selling because they have lost confidence and think their money is better spent elsewhere in the market, then they are not exactly going to be uber confidence now. things has worsened share performance since they made that decision.

2. if the reason is because the share has fallen below their investment threshold, then it is worse now.

in either scenario above, they still have a **** load of shares still to dispose which does not bode well for tgd share price.

personally i think the reason is due to lack of performance of the company, which is case one above. i am a professional investor but even me has seriously reduced my exposure a long time ago, as i had openly declared. looking back that was tge best thing i have ever done.

had average of 8p,(over 3.5mill shares, believe the share will sort out my financial future), seriously reduced exposure at around 5p and took my medicine. now i am looking like a genius. i continue to suffer the pain as i am still exposed to the tune of 500,000 shares. if it was not for fomo, a sentiment which has no place in investment, i should have sold out altogether.

in hindsight however i doing better than some who followed the share all the way up to 11p and now all the way down to 2p.

Ditch PM? You must be out of your senses...I am sure there is a group of people in tlegram group telling us that he s he best thing that happened to SEE. Not his fault..but market forces.

Same as there is always a group of people against changing a manager in a football team of stars that are under performing ...... not the managers fault.. just bad decisions by refs etc that keep going against the team.

We have a world class tech, prime mover advantage fleet [products that has been launched over a decade ago without making any headway in terms of customer base and we are still considering if the issue is with the leadership?????

Sooner than later there will be a takeover for peanuts ..... that is always the case when you have a valuable tech with management that haven't got the capacity to commercialise and take advantage.

At the moment a takeover at 10p is looking like shooting for the stars. A few years ago there was some that was telling us that the shares were worth at least £5 per share.

I am not quit sure about managemnt interest being align to share holders because of the price for vesting performance related shares.

They do have have a history of walking down the vesting price, if the share price have fallen. PI lose on their shares but management reduces the vesting price, somehow that does not seem to be to be a company that management interest is aligned to the general share holder.

Indeed it is in Pi interest that the share price recover, or management might just decide to make the new vesting price 2p and we will have a sheaf of new shares floating about.

With your confidence, the current share price is an opportunity to throw the kitchen sink at it.

Tomorrow you will be a millionaire!

Lack of Magna contract extension can be view two ways:

Great Outcome if you are a BULL >>> That means we can also sell the mirror DMS to others once the exclusivity ends.

Terrible outcome if you are a BEAR: That means that Magna does not see much value in protecting an exclusive arrangement. [Which may be as a results of others having the same technology so no value in protecting a know-how that others already have].

Anyway the exclusive arrangement still have about 3 months to run as it run out in June 2025.

I am not sure about immediate capital raise but can't be discounted in the medium term. Fortunately for me I took my medicine a while ago and reduced from over 3 Mill to just under 500,000. Hence I don't quite squeal as much as I could have. I am not expecting much from what I have left here and if I am being honest I do not really see the basis for this company to be at 111M market cap.

My initial optimism was that I believe PM's bombast as how we are going to conquer the work and every thing we have was a game changer. [ Mind I wasn't of the brigade that though we were worth £5 a share, I was very optimistic but not quite that delusional].

You can only be fooled for so long before, if you are rational, you start to wise up that you can't really trust your hard earned wealth on anything he says or timelines he provides. He is not honest just not very good at reading the market or forecasting, so that we will break even tomorrow is not something that you should base your financial planning on.

The elephant in the room is October 2026, we are in hock to Magna for $47.5 million. Unless someone is taking something that they re not supposed to be taking then we can all agree that there is no way magna is going to convert these at 11p, when others managed to get their share at around 3p. My feeling is that they will just want their money back together with accrued interest, which is part of the agreement, if they do not want to convert. We may beg them to convert at 2p and that is a hell of wedge of shares to be issued unless we are in a position to pay back the $45.5M.

Finally it will be interesting to watch if Magna renews their exclusive rights to the rear view mirror DMS. The exclusivity runs out on June this year, ( yes June 2025). If they renew that will signal that they see value in it, if not and prefer to just pay as they use, in other words they do not see a need to protect exclusivity, then whatever we have is not as good as we tend to tell ourselves.

NOTE:

for the person that confidently said that he does not see PM coming to a townhall meeting without something mega announce ....well investment 101 lesson. A cynic will say that this townhall meeting is to reassure those that still believe that everything is still ship shape and shore up confidence. However market has got tired of promises especially when we have a series on record of not meeting much that we say.

Going back to sleep and back again when it hits 4p. May even have a party at that point.

Did not think I could get more at these prices , so not complaining about the panic sells.

I still expect it to be above yesterday's close once the weak holders have been shaken off.

If institutions are still buying then that will lock up more shares and anyone that wants to join the party will have to pay over the odds to get in.

The rebound will be as dramatic as the fall and many will be caught out.

If they have more money than they need for the business, rather than dividends I would rather they do shares buy-back to further reduce the shares in circulation.

That is just my personal preference as I am not exactly sure what better use I will put a couple of pence per share in dividends.

(Curtesy of Advfn poster)

20:50 in

https://youtu.be/iNnap-EbSIQ?si=vi9rkZxQmT6FC8xh

My target exit price is much higher than that.

It is clear that someone is taking a position because in spite o the sale by Herald, the share price is still rising. This tells me that there is more demand than availability of shares on offer.

Great to see that key staff are due performance awards. One wonders wat the criteria for measurement are since it definitely is not based on share performance.

If that is the way the price bury bad news then I hope they have more bad news to bury!!

People should just take ownership of their decision to Buy or SELL rather than blaming traders or anyone else. Hell mend anyone who bought or sold because someone on the BB says so. In fact you should not really BUY or SELL solely because the CEO or CFO or anybody says so, without solid reason for believing them.

If you worry about traders scaring anyone to sell so that they can buy at a low price, you must also worry abut those that are posting super-uber optimistic expectations, they could well be traders trying to get people to hold a losing hand and even buy more so they can sell out at a high price.

In short a trader can be the person posting positive comments or the one posting negative comments depending on if they want to buy or sell at the time.

In short , do not place much credence on any person posting either positive or negative comments without first validating what they are saying. take ownership of your investment decision else you are on a fast track to losing money in the stock market. Stop-loss is an investment 101 lesson if you use one then you have the to have the discipline to apply is without sentiment. If you don't use one then you make up your own mind if you should continue to hold or even accumulate... all should be your decision as only you can feel the pinch if it goes wrong or the boon if it goes right and not the faceless individual that is acting as your financial adviser on the BB.

This is not me saying hat there will be a fund raise. I have no idea as that was not my reason for reducing, just felt that my money is better invested somewhere else at the moment until I see the shoots of recovery.

On Amazon, almost running out of money: It is a good comfort blanket quoting a company that almost ran out of money and rising like a Phoenix. Should also have the realisation that those are the exception. Most colapse, taken private by the directors and PI shafted or sold for a song and PI shafted. That is the reality.

As for if you have the best product etc....anyone remember AIRTEL, one of the first company to sell capability of having internet in an Aircraft. Have Boeing, Delta etc as client. Penetration of air internet did not move as fast as they though and it ran out of money and collapsed. Much was expected of it, for both air craft communication as well as customers being able to use their phone in an aircraft. At the initial whoohoo it was trading close to £1 per share ...eventually ended up trading at about 3p before collapsing as it ran out of money.

No advice intended but look both sides before making a decision and be comfortable in your choice. For every one who became a millionaire betting on horses there are millions who lost their shirt. Hence don't bet your house because wee Jimmy bet his last £1 and ended up winning £1M!!!

As they say in investing, don't invest what you cannot afford to lose putting your house on the basis that anything is 100% guaranteed is a quick way to the poor house.

I am not really too sure where all the positives about this result are. Probably on Telegram group who prefer not to see the reality, every setback is an opportunity to buy more or it is just coiled or a major spring forward.

Unfortunately irrespective of how we would like to deceive ourselves the market will always attribute the correct value based on all available information. Rarely do you find shares that are under-priced which is why it is a rarity for many people to become millionaires in the stock market. Price discrepancy on a share price are normally corrected over a reasonable timeline but we have been here over 2 years so we can all agree that SEE is where is should be based on all available information.

Before the usually mob tries to tell me to sell up and move on, I still have interest in about 300,000 share here. That is less that 10% of my initial holding. I am not the most astute investor but this share is making me look like a genius, as I took my hit at about 5.4p late last year. I can now buy back what I sold with money to spare but at the moment I am just sitting and watching until I see a data based indicator that we have turned the corner. Afraid statement like PM said so, no longer does it for me .......he has said a lot which did not transpire so I am not willing to risk my cash based on PM said.

Anyway I will go back to my watching brief until I feel there is enough evidence for me to re-invest. Why do i bother wasting my time watching ......I believe in the technology what I have questions around is if this management can deliver on the potential.

What a surprise, SEE wins the Australian Good Design Award. It will be interesting to see which non-Australian company has won it in the past.

As for promising on his kids lives......does he have either kid or live?

With the amount of time he spends on this BB talking drivel I am not sure he has one or the other.

A deep desire to be loved...so he spends all his waking hours trying to save us all from ourselves....as if our loosing our money as we se fit has such impact on his live that he needs to convince us of the error of our ways.

Maybe I am not of the altruistic bent, as I think that we are all big boys and are entitled to invest in whatever we choose without the interference of the eternal do gooders who see it as their life plan to save us.