Member Info for redindi

Chris

Yes that was what said but it did not go anywhere as someone who could say no, did say no wanting more than was offered.

So, one story for one person........ Konsistent or what?

Schlem

Patience is a virtue and it'll soon be 4 February when all may become apparent, at least I think that's what Colin said! Time does not stand still, likewise technology!

Outside In

Spouting rubbish is CFPs speciality. In fact, it's all he does which is why I filter him.

The Update was not great, it was never going to be but it was in line with SEEs forecasts and SEE said it was also expecting to be in line for the full year which would mean there was no need for any fund raise in 2021, as the shortfall could be managed by other methods.

Of course Cenkos didn't help the matter by not yet understanding Fleet exactly, which it admitted. It got that wrong the first half and if it gets it wrong (taking it too conservatively might be a better way of putting it) and SEE splits the difference, full year revenue will actually be at the top end of Cenkos ' previous forecast. And that is before any Aviation licencing deal possibly landing!

CFP and the like can spout rubbish as long as they like but they know all it takes is that one RNS and any short is doomed. I've got plenty of time and although I would prefer it to be issued shortly I've been waiting long enough that a bit longer won't matter.

ET

Why would an Aussie company quote US dollars for monitoring fees, then convert back to Aussie dollars for accounting purposes?

Fonzoo

Indeed, especially to the third last sentence

Brock

From what I know that is as close as you will get a CEO saying it WILL win xxx business as I am sure you know. If a CEO did say so I suspect you know the CEO doesn't just expect. But time will tell.

I expect SEE will win the two RFQ's it hasn't announced from the five it has earlier stated, three of which it has announced, and that the only reason the two remaining RFQ's is delayed, as Major said in his rare posts, is due to either politics or enlarged orders. Of course, I only EXPECT them but I notice full year forecasts still have the EXPECTATION of announcing them and realising the delayed NRE.
Of course, not being a the CEO, that is only my expectation.

Comforting is the fact that SEE has, post JLR, which is EXPECTED to revert, not lost a bid against another DMS provider.

So, I also am EXPECTANT that SEE will announce shortly but that's just me, a PI, which is entirely different from a CEO who is EXPECTANT.

WHL

After viewing the board, probably a wise decision!

Baxter

As you've an all seeing eye and obviously can see quite clearly what is going to happen, again, why haven't you sold?

After listening to your wise counsel I did just that and am considering a suitable Post Office savings account for my hard earned money.

Many thanks

ET

So it would seem are the Filter Boys, so negative on a stock and still they hold. Where is the sanity in that?

WHL

Well, to (roughly) quote the Imminent One himself, just one new style licencing (Aviation?) deal when signed would take the funding issue off the table (forever). Admittedly, the ALD is a rare creature and has not been seen for some time although it's rumoured it was heard last July and a sighting is expected imminently. Hopefully within the next four or five months but preferably tomorrow.

Even if it isn't I doubt that any fund raise, if SEE choose to go to market by June this year but maybe June next year and that if it did it would not go cap in hand to IIs but considering the shortfall as we stand is only £8 million (which could well be less dependent on NRE, BdMS Fleet etc) and the company could issue up to 15% additional shares.

Funding concerns are overdone and overplayed by interested parties who try to sell the idea of a fund raise similar to last year. That is very unlikely to happen. Being so far away from that point, I think it's much more likely that we will see at least one of the fabled ALDs and one is all it will take.

Baxter

I asked first. So please, over to you?

Don't answer a question with a question. Why haven't you sold if the foreseeable future is so bleak? If you have no answer, we'll take it your shorting hasn't reached the desired level.

Baxter

And yet, despite your forecast SEE is destined for sub 4p, you do not sell. You truly are the maddest of us all!

Baxter

I take that as confirmation you've sold as if you believe it's headed for sub 4p if you've any intelligence, you'd have sold either never to be heard of again or buy back in when the SP drops below 4p.

There's only one thing wrong with my assumption.......

Hi Catherine and welcome

You keep late hours although I suppose that all depends where you're based.

I'm not so sure it's the moaning that's talking /taking the SP down, at least not by itself. But it certainly doesn't help the matter when the house broker of any company doesn't support it on the market.

I suppose being a CEO is a bit like being a politician, once said always said so be careful. And the saying that also applies to both - if you can't stand the heat... So, I don't believe Paul Mc DelayedGratification can expect a stop in that regard.

SuJ

SEYE did get a contract which it announced during CES week for the grand sum of 50k million for it's second Chinese OEM and also has contracts presumab with Mitsubishi and Nissan for it's believed the Chinese market.

China seems to be SEYEs goal (for obvious reasons) at the moment and I wish them well as it also highlights the difference between SEE and the rest.

ET

Perhaps the question should be at what speed does it work, not mph here, and what it misses due to this?

I hardly think this is something to shout about.

Z

Imminently!

Baxter

As sure as night follows day Lombard knows a hell of a lot more than you, me or anyone on here and they are buying!

CFB

Sure it from one measurement will affect pure profit but also will the 21% cost savings recently negotiated on hardware costs. Admittedly, these will not kick until, I expect, in any great numbers until after after HY1.