Member Info for redindi

Mr BB Indeed. And although our Swedish friends have Geely, Geely is purely for the domestic market and Volvo considers itself to be a premium brand just like Mercedes and BMW. And who has Mercedes and BMW?? Now that is?

It's the next 6-15 months that it's all about. If we get the vast majority of the RFQ's up and coming, it won't matter whether we're in profit, the chips will speak and may peek the odd Titan or two's brow. SEE will never see profit in its own right unless BdMS is something out of the ordinary. All the placement did was secure our short term future until suitors come calling. Chips or data are King and don't come cheap, I hope.

Glandore Considering SEE probably base that on 25% market share I'd take it to be understated whichever way you look at it.

Meanwhile over in Sweden there is renewed confidence as Martin looks the happiest CEO ever. Meanwhile over here the podcast companies are concerned as Ken isn't answering his phone.

Whatif No, in the placement document BdMS seems to be have been forgotten which is a bit of an oversight. However, not as big of an oversight that Ken didn't say he was going.......

Morg

Compared to the start of the week, the financial stability of the company has improved. But for the, we presume, successful placement/subscription, SEE would have run out of cash come June.

I can SEE winning the vast majority of the 13 possible RFQ's and with it there will be money that falls within FY20,21 and 22 which will preclude any possible further fund raise. There is as good as no competition (for now) in the safety DMS market so SEE has to make the most of it and cement its position. And, of course, there is the potential of more from other divisions as well. Other than Fleet, which after TFD I think will be conservative assumptions (we may already have got most of the 27,000 signed up but no capacity to install/no flashcards) and Caterpillar/Rail which is not a great moneyspinner yet, the other divisions are in the nascent stage and can only surprise to the positive.

Yes, any business can go under and that is the risk in any share but that is investing in shares for you, risk is attached be it in SEE or Interserve etc.

SEE is compared to Mobileye as there's no other company (bar SEYE and I'd prefer the comparison was with another market leading company) that comes close in auto market leading technology. There is one major difference though. Mobileye never had to answer to private investors until its IPO in 2014 when it raised $1 billion. Previously, it had been funded by venture capitalist to the tune of $515 million (compared to SEEs approximately $150 I believe). Mobileye has also had technical difficulties (if you can call Guardians problems that). In 2016,a Tesla with Mobileye tech ran into the back of a trailer, killing the Tesla driver. Mobileye said its tech would not have seen the trailer, the relationship soon ended. However, the following year, Intel bought Mobileye for $15.3 billion.

Phil Remember S7's email reply from Ken just hours before the placement. It said Fleet news in a few weeks. Just maybe....

Semicast not sure either - @semicast_res Conti "Assisted & Automated Driving Control Unit"; ZF "Pro AI" and Veoneer "Zeus" could all use BOTH Nvidia Xavier GPU AND Xilinx FPGAs. DMS provider will depend entirely on OEM preference and overall system design. 10:16 AM · Feb 15, 2019 · Twitter Web Client 2 Likes Semicast Research @semicast_res · Feb 15 Replying to @semicast_res Volvo decision will give first clue. Impossible to call at this time. Note this is a safety, not convenience, application for DMS. Issues such as high availability, real-time performance and ISO 26262 compliance will be key. Semicast Research @semicast_res · Feb 15 For Volvo/Zeus, 30 DL TOPS prob enough to run Zenuity AD SW on GPU. Would need to offload all sensor processing (camera, radar, poss LiDAR) onto something like a Xilinx Ultrascale MPSoC. GPU thus a domain controller, FPGA is a sensor data processor. Tech v. challenging stuff!

Whatif Yes, it all counts. With a good weekend, we may get to 15,000 a bit sooner than that,. Which would mean about 180 installations per week which, assuming no one steals the flashcards, with more distributors etc it would certainly seem that 27,000 installed by end of FY2020 is achievable and the income definitely worth having.

ET If anything it's been SEYE that has always said it will grab a large market share and SEE that has said it will get less than half. Indeed Martin Krantz has said SEYE aim to get 60% of the market and Ken Kroeger who has said SEE will get around 25/30%. I don't know where bosse exchange gets his information but it's totally wrong but that's typical of the SEYE BB. The reason for the placement /subscription are well known, the TFD, leaving a funding gap amongst which is the money for engineers and others required to service existing and expected contracts so although not welcome, at least it is for a good business reason. And now we have director buys but maybe just as significant, one director not buying. One definitely positive, the other probably very positive.

Nick got 5.5 million shares in August (vested performance rights). Ken and Paul A also got some but not as many, thankfully.

If that's Ken's reason /excuse, that's another reason he should go. Still no interviews by Ken.....

Terry I'm happy with especially Nick and potentially the one who didn't buy!

Tin It is certainly the one that stands out and gives me confidence. Other than the one who didn't buy but one which could be great news unless it's just Ken being Ken. Please Ken......

Ken's shares are all free shares. Is that all the board has bought except Ken?

Unless I've missed it, none for our Ken? Maybe an indicator he's on his way?

I wouldn't be surprised if Ken asked for more free shares to make up the difference!

Phil Who knows, maybe he has been told to go by the IIs and a replacement is being lined. Nah.... not Krafty Ken, those responsible have already left. Well, all bar one...

ET You may be correct about CEOs. However, the simple truth is that SEEs problem can be fixed within the blink of an eye whereas SEYEs will take at least two years to fix. SEYE has started to fix its problem. People here hope our problem will be sorted soon.