Member Info for redindi

And it was being reviewed widely from November onwards which means at least two years earlier, non-chip, and fully a year before Mercedes. Even SEE aren't that bad!

And that's from Highlander, so our first Toyota model is the Highlander?

There can be only one?

S2020 You forgot to mention SEYE is getting into a habit of losing Tier 1's,and SEE finding them!

GB2 Lol! A good use of words! It's a limitation in that it doesn't work above 37mph. How does a salesman put that across in the car showroom? And does NCAP give ratings below and above 37mph? And does the new expected European legislation make the distinction above and below 37mph? As for further new design wins, in Europe at least, Smarteye will have a difficult time until it's fixed.

Mr BB

Precisely, last year the optimism was before TFD and at or around that time BMW, Ford and in a supporting role Byton were announced and even though very conservative contract values were placed on each contract, the SP peaked at around 14p but was in the 10-12p range for a few months until the full extent of TFD was made clear. Now, we have a situation where, we would hope Fleet is better aligned to the market and as Lewbo quite correctly states is contributing in ever increasing amounts to SEE, hopefully we're disengaging as far as manufacture and distribution is concerned, we have this half up to 6 new OEM's (including FCA) this half and 4 next half (including Cadillac) together with the rest of the existing customers asking about putting Fovio in further/all models. And we're also almost a year nearer significant Auto revenues hitting the bottom line and SEE was always an Auto play with the rest hopefully adding value. And, it is evident now that Auto will ramp up quicker than it was estimated last year. And also, little competition in the safety DMS rather than convenience DMS.
Also, we don't know yet of the value of BdMS, and other unknown knowns as far as revenue is concerned.
So, although we've gone through TFD we are a lot closer to sustainable profit if we remain independent.
However, the elephant in the room remains funding. Once that's sorted, we may well be happy and not just for a few months!

If I recall correctly at last years investor relations meeting Ken said shareholders would be happy soon enough. Well as far as it goes he was right but what he didn't say is that almost a year later shareholders would be less happy than before. So, Ken, do shareholders have to wait long before we're happy and will shareholders stay happy?

The uncertainty feeds the insecurity and so on. The facts we know is Cenkos state there is a shortfall of A$18 million, which is a comparatively small amount compared to the last fund raise, the last company update said there were 6 RFQ's that were mainly likely to be decided by end June, another 3/4 in the second half of the year, all existing customers talking about extending into all/other models, Fleet reorganisation progressing well with NO other problems, first Aviation customers, Off Road no reported problems, going as expected, Rail is Rail, Guardian almost 2 billion kilometres, BdMS in negotiations with several leading AV companies and likely to be concluded this year. A lot of positives really. And yet the funding uncertainty (and credibility) dominate the conversation. Well, it does until the funding issue is sorted and all the RNS land, that is!

Mr BB It could be for any number of reasons but turnover recently has been low and another possibility could be mm's trying to shake a few cheap shares down which hasn't worked spectacularly well as good news is imminent. Or nothing but normal market behaviour. As for bad news, I don't think there is much scope for that but with SEE you can never be sure!

Large?

... over in Sweden all is calm, quiet even. The SP Is down 3.8% today and Viktor hasn't been blamed, yet. A poster has said all is well and one of the reasons is SEYE is much cheaper than SEE and therefore will attract the larger OEM's such as Toyota and VW. Well, yes, maybe it would but, amongst other things, it has to be available at motorway speeds. Of course, up to now, Smarteye has won all the big OEM's in the USA, GM, Ford, FCA so there is a pattern emerging.....

I would hope the one just announced [FCA) was in itself more than A$140 million. It would have been if SmartEye's RNS people had written it!

S2020

FCA = A$6 million, VAG = A$8 million. A$140 minimum contract value - A$14 million =A$126 million which would cover all global OEM's with some left over. Are SEE in talks with a Mars outfit??????

VAG coes have a lot of 'marques' under it's umbrella, even a bit of sushi!

https://en.wikipedia.org/wiki/Volkswagen_Group

According to some, data is King and we seem to have forgot we are definitely that in this area, now less than 10 million from 2 billion kilometres harvested. Nobody knows what it's worth but it is valuable, apparently. How will this growing harvest affect any potential buy-out? Compared to the Waymo's of this world it is in another league.......

And a great philosopher once said 'nothing stays the same'...... If anything, it's all about timing said another.......

Smart Eye's SP has tripled in the last year on the back of a fund raise and design wins (BMW at least of which seems short term). So, if SEE meets the funding shortfall and then has anything between 5 and 9 RFQ's/RNS to announce, where will SEEs SP be? As for the number won, SEYE are at an even bigger disadvantage than it was before probable EU legislation, assuming SEE is safety and SmartEye is convenience (as per Semicast). What global OEM would choose convenience over safety? And historically, the market looks two years into the future and Fovio is deliverable within two years.

SEE did make a profit one year, due to licensing Caterpillar, but does anyone seriously believe SEE will ever make a profit again in its current form? Announce the rest or most of the Big 9 as customers, other concerns won't wait until SEE is turning a profit, we'll be part of a bigger company or holding. This is not your typical bricks and mortars operation, don't be surprised if SEE is not listed on any stock market this time next year.

Autoliv (Veoneer) goes to SEE Aptiv goes to SEE Visteon goes to SEE????? Maybe. I wonder why!

And, as per Semicast, Smarteye /Visteon were in Geely last July. With a convenience DMS?