Member Info for redindi

I think Semicast has a long and good record, seems to know his ISO 26262 from his ASIL so I'm going to go with what he says rather than someone who just turns up from nowhere to spout his stuff just as the first of the SEYE take overs is released. Strange coincidence that!

Macca S7

Why would have to read something that you wrote and don't you know talking to yourself is the first sign of madness?

S7 said something about me, insulting no doubt. You /S7 have a habit of doing that!

Hmm
Macca new to the board and LSE.
S7 nothing heard of these last few weeks.
Also, neither S7 or Macca appear to do any research. As S7 would say, I'll let the board do that.
And neither S7 or Macca know the difference between convenience and safety. DYOR.

S2020

As implied to by Cenkos this is just the tip of the iceberg. Maybe the tip we're seeing is the SmartEye DWs slowly melting away?
(Quite apt given the weather)

So does incremental mean SEE will get during the course of the contract between $11 & $30 million per annum or in total?

Bid
Yes, it had been leaked. To the LSE board about six months ago)))

S2020

You are a bear!

It all goes back to KK's repeatedly stating OEM's wouldn't stand for one provider dominating the market. Which is all well and good if you've more than one provider. Otherwise, it falls flat on its face. Now, somehow I don't believe either OEM's or the Tier 1's or the provider are so stupid to not realise who is the only provider who can meet the OEM's needs and to carry on with this charade fools no one who has very limited knowledge of the market. It's about time SEE recognised that private investors know this and issue the news reflecting the facts, not as it sees the OEM's want. The recent RNS denial of what is obviously a SEE Volvo contract win brings this starkly to every one's attention and shows the lack of intelligence both SEE and Volvo attribute to investors in both companies. Wake up SEE and Volvo!

JC

Indeed, and allowing for dilution at the height of SP, SEE would be about 10p. It all depends on whether Fleet is fixed which it appears to be. Admittedly, a big negative, but even assuming it bubbled over, and positive news since, SEE should be some way North of where it is (look at SEYE, roughly the same value but nowhere near the potential) and where SEE could (could) be once the news starts flowing.

S2020

Too true, enough of the being sensitive about OEM /Tier 1 sensivities, SEE has its shareholders to think of and where else are OEM /Tier 1's going to go, SEE is in the box seat. Now, Paul McGlone, is the time to think about those who have bankrolled this enterprise.

Buff

I think all bets are on hold until we get some kind of steer as regards both Fleet outlook and the probable licencing deal. Of course, from an Auto point of view, NREs will have a short term impact.

Buff

Not far off what Cenkos said a few months ago on a sale basis I think!

This is all about putting the cars on the road as taxis when not in use by the owner. I doubt the regulators can stand back again. This has the potential to kill or severely hamper any hope of true self driving. Sometimes Elon goes too far, or tries to.

S2020
I'd agree and for later, which we already might have an indicator whether it's software or chip, the F in FCA and Ford Europe, if it has any new models from May 2022 must have the chip in mind, not surprising as the C in FCA opted for the chip as did Ford USA.

There's evidence of what's going to happen by looking at what's already happened.

The last contract in Europe was SEYEs two model contract extension with BMW for two models in 2019 & 2021.
SEE has taken over from SEYE at BMW, beat them to Mercedes and appears to be displacing SEYE at Audi /VW. SEE also looks like it will win Volvo.
SmartEye won JLR early on, these are early (convenience) models and Tata (owners of JLR) appears to be working with Visteon whose offering looks like SEE tech.
That leaves, amongst the big boys Renault (Europe), Peugeot and xxx???? in Europe which considering the clock keeps ticking and the associated time scales points to the chip being the choice of solution.
So, come 2022, it looks like Europe is sewn up.
Then to Japan. There's talk of Jungo and I think Eyesight (and others) having won in Japan as well as SEYE winning Mitsubishi but these either appear for elsewhere other than Japan or early convenience DMS.
As the Big 3 sell globally they will want a solution that meets legislation globally and locally. There is a caveat to this - where it also sells into a mass market with less stringent legislation, has a production facility in the legislation lite area and makes economic sense.
Other than that, it will have no option to go for the safety solution which is available on a chip, which from decision time to on market time is roughly half that of the software only route. So, it looks like where safety is included, Japan will go for SEE tech. This includes Nissan whose Pro Pilot 2.0 may be adequate pre 05/22 but is not up to scratch after that date.
The USA has been all SEE, mainly chip, and appears to be sewn up.
Then there is China. There have been a number of contract wins announced in the last year which give a strong indicator it's convenience and had been planned for some time prior to the announcements, all bar Byton that is who have global markets in mind from day 1.
Geely sells virtually all its products in China, Hyundai 14 models are also destined for China as are the the two Renault /Mitsubishi models. It appears SEYE saw this coming some time ago as, other than JLR which may also follow, it recognised it would not be able to bridge the gap from convenience to safety prior to when the decisions were to be made.
Globally, it looks like KK could be right, there will be at least four providers of 'DMS' from which OEM's can choose. The only problem is there is at present only one safety DMS provider but 3+ convenience DMS to choose from and I suppose it's possible Renault, for example, will have both SEE and SEYE tech in cars for models produced post May 2022. As for the percentages, that's another question!

To a point, yes, but if NCAP is serious about it being a safety solution, there is a lot of difference between convenience and safety. That point is May 2022.

At that point, it doesn't matter whether it's Level 1,2 or 3. It's all about safety. And SEYE would appear to know it, it seems to be concentrating on China where strangely enough legislation, at least for a while, isn't as stringent but competition is strong -

https://mobile.twitter.com/semicast_res/status/1099987295355179008

Mirabeau

Give it a break, we are not talking about price sensitive information. We are talking about information in the public domain, open for all to see if one joins LinkedIn and you are saying we should get permission to post freely available information?

Mirabeau

Are you serious? Ask SEE? This is the LSE BB, and other than this is where SEE is discussed has absolutely nothing to do with SEE!

Cur

They probably do and if they do, I really wouldn't be bothered. If I was, I'd restrict viewing. Simple.

So where do you draw the line? If something is open to the public, what harm is there repeating the info? If it's sensitive it wouldn't be open to the public. Are we going to arrange a committee to debate whether a post meets certain guidelines?

ET
Interesting. Thanks.
N
Within an Individual Savings Account (ISA) an individual has a) this tax year) an individual allowance of £20,000 of which he/she can invest in, amongst a few qualifying assets including shares but not all shares £20,000, gains on which are tax free. Outside of an ISA (or Sipp for that matter) the capital gains tax on not surprisingly gains on share sales is taxed roughly at a marginal rate of 18% over and above about (memory permitting) about £12,000 per tax year. The tax is only on gains ie capital gains. Depending on how astute you are, it's possible to pay no tax. And if invested in SEE in recent years, it is unlikely to be a capital gain!!!