Member Info for redindi

Terry I think it's just new build but as you say, insurance could play a big part in making up companies minds. 8,000 London buses would be very, very good.

There are just under 893,000 buses on Europe's roads, imagine retrofitting all that lot! If it's requested that is! https://www.acea.be/automobile-industry/buses

S7 By the sounds of it, the installers just did it on the limited number of First Bus vehicles and then went on their way, for now ie although on the production line, only for a limited number and no announcement needed. Although it won't have done SEE any harm the installers doing their stuff, I'm sure Souter is well aware of both SEE and the new legislation, even more so now.

https://en.m.wikipedia.org/wiki/Alexander_Dennis

DT It could be Guardian are going into new build - https://www.seeingmachines.com/blog/2019/01/14/24735/

I hope they have to take a lot more ex-servicemen on to cope with the demand.......

DT Good find. It seems the only service it provides is fitting Guardian. I don't know how many employees but it appears it likes ex-servicemen are amongst them, kudos. The company only started late last year it seems. I wonder if /when the new units came, or are coming, on line after being fitted on the 'production line'?

Semicast seems to be believe so.

S2020 £1 a share sounds like a SEE RNS!

The revenue is expected to increase substantially from the business we have already starting soon but with most income to come in FY's 2021-24. In US dollar terms (auto only) SEE has minimally (yep, most definitely) $102.24 million. If we assume 75% will be received between 2021-24 that would be $76.68/3 = $25.56 million per year. As it's assumed a suitor would be interested in the chips vis a vis Mobileye using a revenue multiple of 42 would give a value of $1,073.52 million or £813.27 million or roughly 35.5p per share. Using the same criteria as Mobileye which may be generous and SEEs minimum contract values, definitely not generous and no value for the rest of the business. And none of the expected wins included. I'll put the fag packet away now.

S2020 In US dollars it would be $852 million, the chips coming down to $17.04 a pop. Still very sizeable and it could be argued that market share may be higher and also global production may be higher. Whichever way you look at it though it's massive.

Whatif That is one way but as in the case of Mobileye there are other ways - https://www.crunch.co.uk/knowledge/planning/six-simple-ways-to-value-a-business/

Which brings up the question, how much is that data worth? Data SEE has....

SG We have data, SEYE don't to any great extent, SEE do!

Yeah well we'd all be more than rich if we could call the top and bottom, obviously you'd have bought back in below 4. But maybe when it was at 3.65/3.9 you'd have thought just maybe... you'll end up in a strait jacket at this rate... chill and enjoy what happens, you can't change what has happened!

Baxter You'd have been the Sage of all Sage's if you'd sold at 14 last year, it only lasted for a short time, a day or two. You're crucifying yourself for no reason. You'd be shrewd if you'd got 12p.

All companies make mistakes and also great decisions. We all know our mistake but the chip is the great decision and is a game changer. As the actions of a convenience provider prove. It's their TFD moment but hasn't been acknowledged yet but will be eventually. Whereas all SEE has to do is aim for the open goal.

S2020 Maybe even by the end of June would be good and $5 billion + I'd settle for. Who knows where Ken's 'extensive' travel took him, maybe at least two addresses in Japan?

The chip doesn't work? We are scr*we'd! Ok, we've already been told roughly the results and how it's going so since 19/01/19 we've found out we've won no more OEM's, Aviation won't take off and the flashcards have been stolen. And Ken has decided to stay as long as it takes to fix it all. So, that's alright then!

How much does an auto grade chip cost to get it up to that state?