Member Info for redindi

Sebs Unless seeingtom is correct, it looks highly suspect that the bid has been walked down to 4.5p on a day there were comfortably more buys than sells. We'll know soon enough but I'd surprised if there wasn't news tomorrow. Or seeingtom is correct and the SP bounces for no obvious reason, followed by news that no funding is required. WTFDIK.

Terry It got up to 14828 this morning, went down by one and then back to 14828 sometime in the last hour. Somehow, I don't think our time zone has many fitting at the moment, most of the activity starts early evening to around nine in the morning.

ET Today is probably not the time to crow and have you been following the conversation the last few months? SEE has a funding gap and the potential placing, which is more than likely why the SP has fallen recently. However, when that is sorted and the RNS start to fall, hopefully the SP will respond accordingly. I'm sure SEYE will gain business in the convenience market, although competition is hotting up but as for Europe, I think SEYE will struggle. And if you're taking credit for Volvo, that seems to have gone backwards and won't do the NCAP rating any favours.

What is also of interest is the spread for most of the day has been a lot less compared to usual??

Baxter I thought you were already at the boots stage already! Remember, it's the chips they want and chips don't come cheap!

Quite possibly a placing, the question is how much and at what price? A$18 million shortfall minimally is roughly £10 million, less than 10% (or was) or 15% allowed gives plenty of wriggle room and may be needed due even more engineers required to sort the five or more new customers and increased orders from existing customers. I could accept that as I'm sure the market could. However, we could be surprised either way.

Baxter Will your mood change when the SP goes up or has it sunk so low it'll never recover. I'm surprised you put yourself through this, you sound in dire need of a holiday to place that doesn't have access to this BB.

PSA has been using its own (convenience?) in some models for about two years. Like a few others. For all we know PSA could be one of the five remaining RFQ's.

Terry It wouldn't surprise me if SEE got all three and then not only game changer but as good as game over. Suitors will be on the doorstep soon enough.

The article also mentions GM and JLR as possible merger mates. PSA sells 90% of its output to Europe which we know is in the process of passing legislation....

S2020 Yes get Fleet sorted. If Ford (6 million vehicles) took SEE very briefly to 14p, what will VAG closely followed by Toyota RNS do the sentiment in the company? Just get it sorted SEE.

Morg From memory, the May RNS said there would be a 6 week delay and only that. So, it didn't really affect the upward trajectory. But, yes, without THE RNS of 04/09 (which laid bare the full extent of the problem) where would we be now and where will we be come the end of June and also the end of the year with funding issues sorted, anything up to 9 OEM RNS, not forgetting the other areas of the business assuming both sentiment and momentum turn in our favour (which if it doesn't after a raft of RNS I don't know what will)?

For the Vice Chairman's sake I hope it's not SEYE, for both our sakes I hope it's in-house if that's the best they can do!

ET There are also counter arguments to that, good orbad news sees bigger swings either way.

S7 Good question, not any of the usual suspects. Maybe some of Volvo's techie staff were asked to write an algorithm or two as it's quite simple compared to automated driving. SEE should issue an RNS denying it's their tech, as any self respecting DMS provider, convenience or safety, should do.!!!

.... over in Sweden, the drumbeat grows louder that SEYEs tech will be in all Volvo models due to the Vision 2020 blurb. Our friends in Sweden obviously haven't read the small print. If they did, they would deny all knowledge of it.

Although a placing is likely, it's not nailed on, the mm's play on that uncertainty and the SP is going nowhere. The interims/update may not be late but they seem so!

14,823. Certainly woke up!

Terry

The CT6 is software only so $10 a vehicle. However, it would probably make sense to go with the chip which although $30 a vehicle (maybe less) has benefits which may make it more appealing.

https://www.seeingmachines.com/api/metrics.json