Member Info for redindi

Yes, there are a lot of clues in what Mike says - @DrMikeLenne Replying to @semicast_res @kirstenkorosec and 4 others Wow, awesome. Just heard this on a Sunday morning down under. Many excellent points that resonate for me, here are 5 of my takeways… 11:18 PM · Mar 23, 2019 · Twitter Web Client 4 Retweets 7 Likes Mike Lenné @DrMikeLenne · Mar 23 Replying to @DrMikeLenne @semicast_res and 5 others 1) There are enough ways to get injured today, let’s ensure we don’t introduce new risks. Implies we understand the risks. Study the system. Combine road safety thinking & planning with technology development and implementation. Mike Lenné @DrMikeLenne · Mar 23 2) Driving monitoring has a role – but efficacy is completely reliant upon how that information is used by the driver and the vehicle. Much work being done on thresholds, warning modalities, etc and how the vehicle should respond to understand how to deliver maximum benefit. Mike Lenné @DrMikeLenne · Mar 23 3) Support the driver, DMS and Implementation go hand in hand. Clearly you need a great DMS signal, but you need a great OEM implementation also. Effective mitigation almost certainly different for distraction vs drowsiness. Mike Lenné @DrMikeLenne · Mar 23 4) We need to ensure forthcoming EuroNCAP standards are not the bare minimum – otherwise the technology solutions run great risk of not providing the potential safety benefits, and not being accepted by drivers. As @alexroy said, “no BS DMS”. We need to get this right. Mike Lenné @DrMikeLenne · Mar 23 5) Volvo announcement re: DMS is great. Moment of reflection. Perhaps the greatest gift of vehicle automation is it got “no BS DMS” into the car and the future benefits it can deliver in non-automated driving to address longstanding risks with distraction and drowsiness. Out.

ET As a matter of interest, has SmartEye said how many RFQ's it's involved with?

Crowbar SEE used to issue finnCaps broker notes. It's a shame it stopped issuing broker notes, good investor relations et al.

Sebs That's my pet name!

Sebs That's kind compared to what I get called at home!

Nah, NME and Sounds(?) for me.

Sebs Back in the days, yes, I was, especially Debbie!

Johnny If someone were to look in in a year, they might not find anything, one way or another!!

It would appear that the potential contract size is increasing (even with SEEs ultra conservative approach) with the (potentially) 8 RFQ's starting in the second half of the year roughly A$3.8 million more on average than the 5 currently at RFQ stage and if you take into account the FCA contract, it's obviously even more pronounced, over A$7 million (although the FCA contract looks suspiciously like it's stating only engineering milestone payments). As SEE (unless only stating engineering milestone payments) conveniently rank the contracts as either A$10,25 or 50 million contract minimum value, the chances are in the first half there is 1 $50 (outside chance of 2),3 $25 and a $9 million outlier (engineering milestone payment?). And for RFQ's potentially starting in the second half (which SEE already know the minimum value which is unusual?), including the three existing customers there are potentially 3 $50, 3 $25 and 2 $10. Who could the 3 $50 relate to, new or existing? We may never know, that all depends on whether the contract are won but after the FCA deal the signs are encouraging.

If Semicast is right, I hope they are still talking - @semicast_res Replying to @LewboAIM and @seeingmachines Best guess: OEM2: Bosch OEM3: Conti & Magna (link: https://www.reuters.com/article/us-magna-bmw/canadas-magna-joins-bmw-intel-self-driving-car-project-idUSKBN1CF20M) reuters.com/article/us-mag… Ten Tier 1s supplying OEMs with tech from one Tier 2 would be extraordinary! Canada's Magna joins BMW-Intel self-driving car project reuters.com 5:38 PM · Oct 26, 2018 · Twitter Web Client 1 Like

Phil SmartEye were in a booth with Bosch but they were in a booth with a number of companies including Mobileye so not sure whether it points to anything.

A while ago I remember Ken posting on LinkedIn that the value of SEE had gone over £100 million. Now that we're £75 million or so, there's been no post about his taking us crashing back down below the £100 million mark. Obviously waiting until the new shares are issued so he can say he's took us back up again. I'm sure IIs have their own view on Ken which I hope leads to Ken leaving, that by itself would restore some credibility to SEE and wouldn't harm the SP, yes by at least a penny.

S2020 He's off for an interview!

Johnny IIs aren't stupid, and despite his failings neither is Ken. I'm sure both parties knew that as it were,3p was the most it could be got away at, with the understanding, I hope, that there were changes at the top. So, again I hope, Ken departs (with honour although that's not been in evidence) and his replacement is someone who can execute the plan which considering the clear lead we have in all fields should not be difficult for a skilled operator. Maybe that's why Jack has been so quiet, finding the right person takes a lot of time and effort.

The guys seem to have had a half day yesterday but the weekend shift is in, 14,906. Soon be a nice round 15,000.

Fonzoo Excellent. And quite possibly not too far from the truth!!

ET As Wilson said, perhaps if you believe, at this price, it is a strong sell, sell on Monday morning and invest elsewhere. I don't believe selling 5,000 shares will make much difference.

ET If you want to be taken seriously, use some logic in your arguments. OEM's will see that SEE is funded until profitability. From memory, Viktor expects another fund raise? As for a seemingly very happy CEO, give me a break.

PIs have lost faith in the company or maybe specifically Ken, I hope Fonzoo's job vacancy becomes reality. That would change the mood dramatically. If one accepts the placement is required in order to service existing and new business it's best left to watch for a year or so. If you don't believe that, it's best not watching. The next year will be very interesting, either way. Even on conservative estimates there should not be a further fund raise unless there's another TFD.

If only!