Member Info for redindi

This conspiracy theory is taking on a life of its own. Apparently there's a conspiracy involving numerous parties who for their own unstated reasons are working towards the same goal, or are implicated in it. This is a very convenient place in which to be if you don't accept the following -
1 Sometimes contracts take a long time to be agreed upon in total (I don't think the Japanese are known for rushing these things). Ford and Byton seem to have been announced as when ready to be announced.
2 Mistakes happen and things sometimes are beyond anyone's control happen - the cost of parts could hardly have been foreseen nor at the time orders for G2 taken any supply bottlenecks have been likely.
3. £15 million seems a lot but this is split and in the grand scheme of things ain't much, especially as the shares could be worth (eventually) multiples of 15p and then it would be a lot!
4. By divesting itself of any involvement in the distribution of G2 (whilst keeping control of the data) we are becoming exactly what SEE should be ie the provider of the IP needed to run the respective DMS across the various areas of the business. SEE, with the help of the data harvested for us by G2, continues to refine the chip offering thus remaining the market leader in DMS solutions.
By going this route, the company simplifies its structure and is manageable without the need of a big brother. Maybe the Fleet issues only advanced the direction that is now being taken.

According to Safestocks and Semicast there are a number of chip manufacturers and Titans who would enter the fray, regardless of any attempt to cover up good news and accentuate bad news. After BdMS, does anyone believe other potential suitors would be put off by attempted manipulation?

Along the lines of 'We know the market is wary of any announcements we make following the Fleet debacle but thats all sorted now. The person responsible won't be here for long, we've a new chairman and COO who'll ensure we behave now. And we got lucky and found a better use for those Guardian units that has got us in with the big boys down Silicon Valley who are prepared to pay big bucks for them, so much it's filled the gap, and more, caused by our little mistake. So, relax, we don't need any more money. Indeed, there's a decent chance we'll make a profit this year all due to our cock up, how lucky are we? Oh and by the way, we've also won 2 more OEM contracts worth a lot of money which our new Chairman said it's about time we told you about. Thanks for listening and stay lucky'

Wasn't GM in double figures?

Web That's true, it is only speculation which is not backed up with facts /logic.

I'm still waiting for a credible answer to my question which was WHY? Whoever is behind this low ball bid (on both sides) seems to have initially a take out bid of 25p but now they've agreed on 15p and 'walked: the SP down to 6.5p to accommodate this. There could be a number of reasons why Toyota and FCA RNS' haven't been issued ie we didn't win them, they aren't signed yet and, oh yes, they've been suppressed, now implicating by association both Toyota and FCA, who must be wondering why an RNS (with no names) hasn't been issued as most small companies they have contracts with want to get them issued before the ink is dried. Thus widening the circle of those in the know. It makes you wonder why SEE didn't also suppress Ford and Byton while they're at it. Hey, they could have got the bid down to 10p. So,why? Why would the founders, Ken, Nick, institutional investors, private investors et al accept a low ball bid of 15p, soon to lowered further no doubt, when we expect to be in a dominant position in Auto, and not forgetting the potentially lucrative BdMS? Why?

Some wriggle out of it but generally those within financial services, do not. It's getting evidence of those that are actually in control of a company instead of pulling the strings behind the company. In the case of SEE directors, there is no question as to who is in control. I'm sorry to hear of your loss, eventually what goes round, comes round. GL

Again, why would a low ball bid be recommended by the board. Talk about cutting off your nose.... Someone tell me, other than the bidder who stands to gain from, say, a 15p low ball bid,, why directors with all those free shares that could be worth a heck of a lot more would recommend a 15p bid. Despite asking repeatedly, nobody has come up with a logical reason why someone would accept it! Bizarre what people come up with to explain poor management!!

I can assure someone would be, I work in the financial services industry. Whichever way you paint it, it's fraud, some body would be interested.

Following the profits warnings the market reacted accordingly. However, following Cenkos' latest note (where is CGs?) that potential problem appears as though it won't occur, and SEE should get to 20/21 without the need for a placing or similar. Hence you'd expect SEE to rerate in the event of positive RNS ' (which are expected) and potentially unexpected news about the new product. I don't buy into the conspiracy theories, if this board is debating it, I'm sure it would also come to the attention of the relevant authorities in the event of a low ball bid (which now appears to be 15p,where once it was 30p, 25p, 20p and will no doubt be 12p if the SP falls to 5/6p), this just plays to people's confirmation bias. Mistakes have been made and it appears Paul A is paying the price, a new chairman and COO are in place which hardly supports the conspiracy theory. If anything, as has been remarked on elsewhere, it hints at a strengthening of corporate governance in line with companies who adhere to greater scrutiny needed on markets where it is a requirement ie not AIM. So, all in all, a good day from which SEE can go forward.

Level 4 would be massive by itself. I'm sure there is/will be a race to get there first and paying handsomely for BdMS will be a price worth paying for the participants.

Robbie, I don''t believe Colin is backtracking, he's asking the question - why would SEE give the tools to get going again on AV testing for a measly A$10 million (assuming a finite 2,000 units) when without it they're stuck for now and now is when they need it. Cenkos could be correct but I'm with Colin on this one. You could ask as I did.

'Visual profit', excellent typo!

.... who walked out with a shed load of free shares awarded just before said cock up was announced!

Semicast Research @semicast_res Not very scientific, but the shape of the Guardian sensor bar is very distinctive and looks a lot like this. Everyone has to make up their own mind. Note: Semicast forecasts near 100% market share for BdMS in AV fleets. @seeingmachines Quote Tweet J @woofbahn @semicast_res Speculation on the LSE Board - Waymo is one of SM BdMS clients. Screenshot (link: https://i.imgur.com/sGSNt5N.jpg) i.imgur.com/sGSNt5N.jpg taken from (link: https://youtu.be/o-EPKqE3su8) youtu.be/o-EPKqE3su8 video dated 9th Sept 2018... 3:09 PM · Sep 19, 2018 1 Like

S2020, it all depends what information they've got. First, they're guessing at number of units to be sold so they may well be guessing at the sale price. After all, Cenkos are not market analysts, Semicast is. It probably is right but there is a large variance. Not so simples...

Yes, even at $5K great business. However, I hope Semicast is correct =)

Thousands at $?, that's the question.

And if it's not Uber who is the first BdMS customer? Apple, Waymo, Cruise....

Or rather he's in the right direction!