Member Info for redindi

Terry Correct. The more evidence there is, the more confidence there will be. I'm with S2020 here, I'm expecting 6/6 unless for some reason there's a convenience only DMS thrown in. The same goes for the second half. But then SEE wouldn't be involved in that bid. Unless our friends have fixed multiple problems, within legislative forward looking contracts, what options are there?

When investing the only facts an investor has is exactly that or in the event of close to that, information pointing to facts. I think as far as anything other than Auto, the facts point to Guardian being fixed and every other segment performing in line so especially about Fleet this is good news. Now, as regards Auto, SEE is according to SEE, involved with 4 RFQ's in the first half of 2019 with up to another 8 in the second half. Where ever you look, there's no evidence that SEEs so called competition is actually no competition. It is SEEs safety DMS against some other concern who no one has yet to identify. That is why I'm confident as regards the current RFQ's whenever they arrive. Until there is proof that SEYE has fixed its problems (which are more than just about 40mph) I will continue to consider for SEE its an open goal!

Softbank are covering every eventuality, a lot of AV investment will end up as zero, if one believes AV is less than 10 or 15 years, why invest in SEE?

Of course, SEE does have over 2 billion kilometres of data that might be of use!

AV has a long way to go, the lack of real time testing is a big drawback. The current testing does not bode well - https://mobile.twitter.com/meharris/status/1118924708030738433

SEE seem to like it as well - @seeingmachines The results of @AlertnessCRC & @NTC_AUS 's world-first research study have been released, offering critical insight into effects of fatigue & drowsiness on heavy vehicle drivers, & reinforcing the significance of our driver monitoring tech: (link: http://ow.ly/1kcu30orKKw) ow.ly/1kcu30orKKw #seeingmachines Image 2:59 PM · Apr 18, 2019 · Hootsuite Inc. 8 Likes

@seeingmachines ' Guardian driver monitoring system has collected well over 2 billion km of real-world, naturalistic driving data, and kept thousands of commercial fleet drivers safe around the world: (link: http://ow.ly/FLqu30osqUA) ow.ly/FLqu30osqUA #SEEGuardian #seeingmachines Image 2:40 PM · Apr 17, 2019 · Twitter Web Client 2 Retweets 6 Likes

Baxter So assuming we won most /all the RFQ's in play or about to, you'd be amazed if the SP ever hit 10p? The more you say, the more it appears you have to consider selling up.

Baxter Most but not you? You could have sold at 4.4p or higher...

marmar Well researched. However, haven't you heard decisions have to be made ASAP due to NCAP, legislation, competition and that quite probably the decision regarding safety DMS, which SEE is pretty good at, have already been made and these decisions are likely to decide the market for the next decade. However, I'm sure you know that!

Unless there is evidence to the contrary, yes.

S7 Yes up to 40mph until the evidence proves otherwise which it doesn't at the moment.

Perhaps it be a good idea to list all known safety DMS providers and make a reasoned guess as to how many SEE will win. No one can control the timing of the RNS though.

Beef It's part of the 3/4 pilots currently on going, no contract as of yet.

Didn't BMW have three Tier 1's? If Volvo are planning to have DMS in all models, it may well initially be a bigger contract than the BMW contract.

ET It's good to see that prior to investing in SEE you did in depth research and that SEE was only involved, or primarily, in Auto. Fleet has a central place in SEE and will over time, but not too long a time, be a significant contributor to SEE and also provide all that data which plays its part in continually improving its tech in all areas, of which there are more than two sectors and markets that SEE has built from scratch. As far as the evidence we can see, yes management has made errors, primarily on timing and how it imparted the information. TFD was not purely management error but also down to market inefficiency which not only affected SEE. Although not made apparent, the 'transfer' of key staff from Xilinx gives a big hint as to the direction of SEE. It's all about the chips and this may become apparent following Guardian 3 and the upcoming RFQ's. It all adds up to SEE being sold based on the number of chips it sells and when G3 gets going, Fleet will also add to the value for a potential bidder. And SEYE has belatedly acknowledged that by its agreement with Ambarella. Without it, SEYE is not a very tempting target, be it safety or convenience. The problem (another one) is the production of an Auto grade chip takes a lot of money (look at SEEs R&D spend) and as Viktor said a further fund raise will be required and with the chip costs it could be a very substantial one but one SEYE has no option not to meet.

ET So, you followed this a while back and are now 100% invested in SEYE. Well done. So why do you continue to post on here? Are you on some mission to save SEE investors from themselves?

Terry It's not only Auto RNS that will move the SP but also an update on Fleet and funding. Assuming the update is positive the market will react and then SEE 'anticipates' up to another 4 to be decided before the end of June and then the SP should react without the overhang of TFD and funding issues. Interestingly, since the EU legislation announcement (which have still to be ratified) SEYE SP, without any other positive news, has risen by 20% or more and its debatable whether it really affects SEYE unless it has fixed its problems (plural). But the market doesn't know everything.

Terry Yes, every dog has its day and its not SEEs yet. And what is obvious is the market is not aware of the difference between safety and convenience DMS and if it were, even now, this dog might not be having a bad day. When the market realises this, despite the funding issue which may be overdone, the market will correct SEEs SP, amongst others, once the RNS provide the proof that is!

S2020 Whether it's three or nine months, he must have good reason to estimate another 2,700 units installed. It's either smashing the 16,000 target or looking good for 27,000 by end of FY2020. I hope other distributors (and the internal sales team) are equally lining up triple the number of installations this 'year'.