RE: Share Price16 Jun 2020 16:48
Going back to CMD, Colin Barnden gave a presentation. One of the key points he raised, and it's true of most industries nowadays especially is that those with the most data invariably win.
Now although it may now seem SEE is going nowhere, it's position is getting stronger by the day, even by the minute. Why? Because in that time, SEEs amount of valuable, algorithm improving data increases whilst those that profess to be competitors, gather virtually none. So, every day, neither SEE or our supposed competitors announce a win, it's actually good news for SEE. At present, if you want DMS or what SEE provide if required, DSM, and is available close to 100% of the time and doesn't need more than one camera and thinks face masks are old school, the choice will be SEE.
Any prospective challenger who believes it can get to market with a product as good as SEEs, has over 4 billion reasons that it won't.
Just wait, SEE will happen.