Member Info for redindi

schlem

I think the author is stating if we can't get this right we stay where we are until we are ready for full automation. And, yes, that may be many years in the future.

Although four years old, this article highlights that AIM may not be for all investors, it's almost a case of win a lot, or lose a lot. A bit like a casino.

https://www.google.com/amp/s/amp.ft.com/content/ea2bd724-140c-11e5-abda-00144feabdc0

#Team3100
#TeamhavaaGOODday

ET
Yes, I think Dr Mike is as always , using what he knows, and very subtly saying 'no BS DMS'!

Baxter

Again your concern for those left here is touching but I can assure you I'm old and educated enough to take care of myself but I'm very glad you got out when you did, well done.

Unfortunately, I am unaware of anyone on this BB who is privy to such inside information and Paul McGlones interviews are all I and everyone else on here has to go on until of course the news is issued. As to when that is, who knows so yes I will run the risk of not selling at 4.4p, like you, sly old dog, and buying back in at 3p as unlike you I'm afraid I would probably get greedy, wait too long and the news would be issued sending the SP up and beyond 4.4p.
Of course, you're now in the position where you can choose whether to reinvest or walk away, excellent.
I'm sure you've noticed that since Ken has left, on good news some of the gains made from good news since (which may be of a better quality?) has not totally vanished. Surely just a coincidence?
#Team3100
#TeamhaveaGOODday

Baxter

Seeing as you sold at 4.4p, your concern and altruism for those who did not is truly touching.

Just a point or two about the rest of your post. I'm sure everyone knows the SP frothed over to 14.15p and was never going to stay there unless there had been a similar RNS issued in very quick order. As it was, there wasn't, only little old Byton. However, the share kept to around 10p prior to TFD when it lost 30/ in one day as I'm sure you know. The effects of TFD obviously continued, despite some positive news, culminating in the poorly executed placing which took the SP to the 3p mark, not surprisingly where, but for the odd spurts it stayed around that mark until early July from where it has recovered sufficiently for you to sell at 4.4p, congratulations.
And for the umpteenth time, yes, the SP is still being held back by the effects of TFD, which I am sure you are aware as you sold at 4.4p and until that is sorted and Paul McGlone categorically states that in an RNS, following say a licencing deal, it will continue.

#Team3100
#haveaGOODday

It's possible there will be no news before CMD but that would run counter to the financially, and otherwise, significant news SEE has issued which, as you pointed out in an earlier post had not really affected the SP to any great extent. Looking through the list of RNS in the last six months, SEE has issued the following financially (or potentially) significant RNS -
April - Cadillac extension (minor?) and NTI (no value given at time)
May - Fleet Update, first indication fix was working.
June - Ken and Jack resign (significant) followed by Lombard Odey position building (signicant), Fleet momentum in New Zealand (Autosense, financially significant)
July - Paul and Kate appointed permanently (significant), Volvo press speculation, BMW extension meeting NCAP requirements (significant financially and regulatory), National Express (financially significant)
August - Upbeat trading update (unusual) September - Mercedes extension recognised by EC and NCAP (significant, financially and regulatory), Lombard Odey continue to build position (significant), CEO incentivised in Long Term Share award scheme (significant) October - Kate buys shares on the market (significant), Collaboration with Alaska Airlines (significant).
So, if SEE was to issue a licencing deal that took off the table the need for a fund raise, would it, or should it rerate taking into account the financially (and other eg Ken gone) significant news issued in the last six months and more?
Although it's possible no news, financially significant or otherwise, will be issued it seems
likely unless of course October is the second month Australia goes on holiday after August.

Bausch

I'd agree. If there is no significant news between now and the end of the month unless Paul McGlone is comfortable speaking to a largely empty room (apart from a few disaffected, heckling PIs) and wasting company money in the hiring of the room, together with the expense of flights, hotels etc, the CMD may as well be cancelled. It could get messy. I certainly won't waste my resources (time and money) attending what would resemble a wake with the SP around the 4p mark.

So, it remains to be seen whether PM will be wasting company resources or not, hopefully the latter.

isb

Probably best not to quantify as Auto, Aviation etc but whether it's the breakeven RNS. That has been holding back the SP ever since TFD and that gaping funding chasm appeared. Yes, it's frustrating to say the least but let's hope it's tomorrow or actually 07:00 today we're put out of our misery.
Although it hasn't stayed up where it should have, it's still got a bit to lose pre first extension RNS when it was a (derisory) 3.7p SP. Let's hope it doesn't lose it all!

https://www.zenuity.com/press/zenuity-pilot-assist-adas-function-in-polestar-2/

schlemiel

When in an RFQ, SEE has apparently virtually won every one of them. Also, SEE has a chip which others don't. Put the two together, if (we hope) SEE has passed the RFI stage in at least 1 bid, maybe it's a pretty safe assumption it will also be successful of winning at RFQ stage and is gearing up for that?

DR

#Team3100 believe #Team300 is totally unrealistic and indeed trying to deramp the share in order to depress the sale price.

In deference to your fragile state I've been told to not relay their 'breakeven' RNS SP of 30p.

Take care.

#Team3100in, we care.

If played right, around 10p and even that is undervaluing the purely auto business whose booked value is about double what it was Summer 2018. But the market only sees the possibility of a further fund raise. Take that off the table and the market may start to value the company differently.
I'd like to know what licensing deal would ad infinitum kill the prospect of a fund raise. That must be the mother of all licensing deals.

Bauchs

I think the difference this time is that SEE is much closer to the large revenue streams from auto and any licencing deals take us to that (without further dilution etc) whereas the original CAT deal only took SEE a bit further down the road but most definitely did not preclude further fund raises. And dependent on the size of the licence(s) it could be be a profit FY2020 AND AS pm said won't ever need another fund raise although that may be another licence deal altogether!
So this (one?) licence deal should have a major effect on the SP (we hope!)

Glandore

I believe the current estimations are based on that premise

Meanwhile over in Sweden, apparently they haven't heard about BMW -

 Finally PM - the next one Near Kiosk Evening ?! / ..

today 18:49 IP: 43sQ66dUx

Getting a Design Win with Volvo sends a signal value, just like their DW with BMW. These two players sit in the driver's seat regarding the requirements for quality.

Mr BB

Isn't 5 million per year enough? It's certainly more than the last one.

Sweeping generalisations? Maybe with good reason - Audi A8, BMW X5 /7, empty DMS box on Porsche Taycan, JLR delay (the one bid SEE didn't win when under exclusivity deal with Takata and JLR cash strapped), Thatcham, NCAP, Dr Mike, SEYE silence about THAT NCAP meeting, limited resources, market segmentation, hardware agnostic problems , chip, last respective wins for SEE and SEYE, the wording is very telling.

But yes, I don't expect SEYE to win business only for vehicles destined for China. I'm sure it will pick up business for vehicles destined for any other legislation lite region but not where Level 2 is the requirement.

So, there's reasons for the 'sweeping generalisatioons' but the next few months will tell whether they're founded or not.

I think it will be a very brave decision of management (and quite possibly a complete waste of money as no one will turn up) if there is no news between now and 06/11, with the SP around the 4p mark. If that were the case I would suggest SEE cancelled it ASAP, it might not be too late to get the deposit back.

As regards IIs, I'm sure Paul Mc had plenty of time to meet plenty of them in London during the last week.

Correct, SEE and SEYE should do what they want in their own respective markets.

The Smart Eye RNS states models will be on the market starting late 2020 ad no mention unlike SEEs recent extension RNS of expected to meet NCAP requirements.
Knowing SEYEs penchant for going OTT as regards telling the market how it is fantastic and the best in the world, it's highly likely, even a certainty, that if the tech came anywhere near meeting as yet unspecified NCAP requirements, it would not only say it loud and clear it did but also Martin would go on a world tour to publicise the fact and Viktor would have raised his target SP tenfold. The fact that nothing of sort has happened is a good indicator these and the earlier design wins are destined for vehicles sold in China.