Member Info for redindi

Just a reminder of Semicasts earlier tweet. Looks like he's on the money!! Semicast Research @semicast_res Plausible that revs for Guardian BdSM from @seeingmachines might make up for Gen2 shortfall in FY19 (ends 30.06.19). New broker notes likely to give a balanced assessment of situation. Key is if BdSM alone can carry SM through to profit when auto starts to ramp up in 2020/21? 9:35 AM · Sep 18, 2018

And if the market analyst is correct rather than the broker, think of the upside? Win win....

S2020, thanks for that. What price target have they stated?

Although I can't access the full report I see Cenkos state SEE is fully funded through this financial year.

GB2, Just one question, why? That has never been answered.

In a nutshell, Fleet is just falling into line with all the other parts of the business, SEE is not a manufacturer or distributor anymore (did it ever seriously see it's future that way?) purely an IP provider in the form of a chip (provided by Xilinx) with a continuously improving algorithm courtesy of the data provided by Fleet customers. Existing stock, if not now BdMS, to be run down, then outsourcing the whole manufacture/distribution thus significantly reducing overheads /outlay while increasing margins also significantly. Leaving SEE to concentrate on what it is good at. The sign of good management is to learn from mistakes and also take the positives from that situation. Maybe the Fleet situation just fast tracked what was always likely to be the business model for all the business. Revenue isn't everything after all.

Semicast Research @semicast_res Update from @seeingmachines shows the company changing strategy to an IP-only business model. As with PCs, the profit lies in software, not hardware. Keeping Guardian monitoring center in-house is CRITICAL to the data gathering operation for advanced algo development. 9:38 AM · Sep 19, 2018 1 Like

Surety bagging Waymo would merit a VERY positive RNS?

The urgent need for BdMS in order to recommence AV testing would point to BdMS revenue within this financial year. Has this been included or is SEE going outperform by a bit or a lot?? If it has been included, how much? Again, the lack of clarity pervades.

Fleet revenue flat 18/19 due to change in structure, higher margins? No hint of a placing.

https://www.google.co.uk/amp/s/www.cnbc.com/amp/2018/07/12/uber-lays-off-100-self-driving-car-operators-in-pittsburgh.html Maybe only 55 for now

Yes, I think a few have, but until now Semicast was non-committal.

Semicast Research @semicast_res Looks like Uber really is first customer for Guardian BdMS from @seeingmachines . Sounds exactly like Guardian call center. Uber restarted testing e/o July. (link: https://medium.com/@UberATG/self-driving-cars-return-to-pittsburgh-roads-in-manual-mode-f83e506a04b9) medium.com/@UberATG/self-… 7:28 PM · Sep 18, 2018 Semicast Research Semicast Research @semicast_res · 1m Replying to @semicast_res Real-time Driver Monitoring: ...If the system detects inattentive behavior, an audio alert will cue the Mission Specialist. The system also alerts a remote monitor who will take appropriate action once they’ve assessed the situation.

S7, that's the general gist!!

S2020, it's not an issue to me but clearly it is to the markets. Other than that, I'd agree!!

As Semicast tweeted it's plausible that BdMS will fill the gap left by the shortfall from Fleet. IF it does, the script is changed (it's equally as possible it will not or exceed). We are in an envious position where without BdMS AV testing cannot proceed so perhaps Semicasts projected cost of BdMS is close to the mark. The results tomorrow will reveal where we are. Anywhere close to the mark then market sentiment will reverse direction and if there is positive news elsewhere the recent SP decline may be just a memory. However until tomorrow we won't know!

One of Colins tweets mentions test drivers being cut from 2 to 1 with the number of test vehicles increasing due to this. Does this mean the TAM increases from 2,000 to 4,000? Obviously not including the 62,000 Waymo taxi fleet.

Robbie At 07:00 tomorrow, we should get some indication of price per unit, shouldn't we??? SEE is well known for it's transparency.... One would hope so anyway!!

For now, the market is clueless. It wants /needs numbers which hopefully it will get tomorrow. Of course with SEE, that is debatable....

S2020 is right to be excited about BdMS. Tomorrow hopefully will bring more detail.