Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Xilinx and DAimler working together. Graphic shows DMS too
https://www.xilinx.com/news/press/2018/daimler-ag-selects-xilinx-to-drive-artificial-intelligence-based-automotive-applications.html
I dont think its a good idea to forward any post to anybody thats not your own. Get permission of the original poster especially the post content you are referring to is not readily available online. Good manners and keeps the Boards integrity. Thanks
Sad really, following a share you no longer own. Moaning to those who kept the faith and enjoyed the 300% gains. Still i imagine he is getting a great interest rate in his post office account. That more than makes up for the gapping hole in his life now that hes out.
Just because someone makes a bid, dosnt mean they will suceed. I guess it depends on what your opinion of low ball is compared to the director and major shareholders of the Company. I personally cannot see this going for anywhere near 30p. KK himself said any bid must value the buisness as a whole. I i agine you would get an audience from 45 p upwards but just guessing now,
I have no doubt that these issues are the same in most local markets around the world.
Level 1 to 4 will be with us for many years yet.
ROUNDABOUTS and potholes are hampering the UK Government’s bid for Britain to be a world leader in driverless cars, according to a start-up developing the technology.
The crumbling conditions and quirks of the British road system are proving to be a roadblock for driverless car companies, according to a senior technician at FiveAI.
“One thing that would definitely speed up AVS [autonomous vehicles] getting on to the roads would be having more money spent on fixing potholes,” said John Lusty, of FiveAI.
“I could well imagine a situation where you have people that are operating or selling AV cars coming in and fixing roads themselves.”
The start-up, founded in 2016, has been trying to grapple with the issue and even dedicated a whole team just to deal with the “roundabout problem”.
Mr Lusty said broken streets make it near impossible for the cars to calculate simple decisions and to know where they are. For example, potholes full of rainwater confuse an autonomous car because it will see the reflection of the sky in the puddle.
He said: “The poor condition of our roads is something that makes it harder, because one of the key things that the cars use to make decisions are the road markings.
“So if you had a crucial part of the road markings worn away, the car does not know what is road and what is not road. It doesn’t know what is its lane or someone else’s lane.
“I would imagine the situation in the future, where one of the best ways to expand the AV network would be to do things like fixing potholes or so before replacing street signs.”
Mr Lusty said it would be difficult for US driverless car companies to use their technology in Britain because cars drive on the left-hand side of the road. This will help to protect UK developers from foreign competition.
The Government has ploughed more than £120m of funding into driverless vehicle projects.
That is correct SEE20
I can confirm 100% that it is SEE tech. One of the SEE directors suggested i keep an eye on the company behind it at the London presentation. I wont say which Director out of respect in case they said too much.😃
Share price slip and alongs comes Alex (sold at 7p) Considered assessment noted and triaged. Await further useful insights AFTER share price movements.
Share is really doing well. The market is in shock with the impending trade war, shares down all over the place. To hold steady in this climate with a share like this is fantastic. There must be some big holders whose portfolios are taking a hit elsewhere who are still holding here.
For investors, this environment also has many benefits. There is a larger universe of investors to invest in companies at later stages, increasing fundraising likelihood. Subsequent rounds are completed at higher valuations, boosting IRR and paper multiples. M&A and IPO occur at higher valuations. On the downside, entry price is higher, concentrating portfolios. All of this works until it doesn’t. Should there be a correction in multiples or prices, then there will be pain. Until then, the music continues to play.
This is a weird article that Ken liked on LinkedIn Is the big bid coming! The 5 Forces Driving Startup Valuations Today There are five forces driving the startup ecosystem today. They are working together to reinforce a high valuation environment. These forces are: 1 An infusion of capital into Startupland. There are many reasons for this. The money supply in the US has doubled in the last 10 years. A low interest rate environment means a low cost of capital, which means yield is hard to find for cash. 2 VCs raise larger funds and more frequently. Core funds, opportunity funds, supergrowth funds. Private capital has become so abundant that it supplies hundreds of millions and billions to startups. In addition to the size, venture capitalists are raising funds more frequently. Instead of every three years, many VCs are raising every two years. Greater dollars means more competition. And we all know what happens when demand exceeds supply: prices increase. 3 Market maturity. Software models are well understood. Many of the metrics that formerly were applied only to public companies are now applied to SaaS companies. We talk about valuation as a function of new quarterly bookings or revenue multiples/ARR multiples, even at the early stages. There are standard metrics for sales, customer success in marketing efficiency that are used broadly within the industry. There are books written about the ways to build a go to market for software company. All of this means more efficient pricing of startups. 4 Aggressive Acquisition Market and Strong Multiples in the IPO Market.SaaS forward multiples are at ten year highs. The average forward multiple is now 8.5x. This means public companies are worth more when they go public and as they are public. Acquisitions also occur at much larger multiples. The recent Github and Mulesoft acquisitions occurred at astounding multiples relative to public comparables. When startups are valued this highly in the late stage markets and the public markets, the effect is also felt in earlier rounds. 5 Balance Sheets as Competitive Advantage. Balance sheet sizes have become a moat. In addition to technology, network effects, and expertise, a startup’s cash position is a competitive advantage. Imagine two startups in the same space with similar funding. The one that can raise a $250m round from a later stage mega-fund suddenly has a huge and difficult-to-assail advantage. The question is whether the trade is positive, negative or neutral for founders and investors. For founders, greater access to capital at higher valuations from investors who understand these models better than in the past are all positives. The downside may be the greater expectations placed on the ultimate value of the companies and the potential risk of a pricing correction on the business. Maintaining a plan to short term profitability is the best hedge to that risk. For investors, this en
GM focus on further speeding up the development of their driverless car unit Cruise Automation. Funding should not be an issue as Japanese conglomerate SoftBank’s Vision Fund just invested 2.25 billion U.S. dollars in Cruise. SoftBank now owns 20 percent of the company and has been on a massive shopping spree lately – splashing out on autonomous driving. Other investments include big shots like Nvidia (5 percent), Uber (15 percent) and Didi Chuxing (20 percent), among many others. SoftBank also fully acquired Arm Holdings for an eye-popping 31 billion U.S. dollars back in 2017. The U.K. chipmaker produces all kinds of automotive sensors, safety features and automotive and autonomous products.
Might be worth watching if you can find a transmission: On set today in Singapore with Bok Seng Group showcasing the #safety technology inside their trucks including Guardian by Seeing Machines. Keep an eye out for the feature on June 14 episode of Channel NewsAsia Talking Point. #safedriving #safetyculture #saferoads Jeff Tan Sean Gan Clarence Chew Alyssa L https://www.linkedin.com/feed/update/urn:li:activity:6405240981217738754
Perhaps II and ex-bankers could consider: the 4 OEM wins, market domination in DMS and upcoming , NCAP 5 star etc Rather than just A small AIM listed penny stock with no �real� CEO, a recent downgrade of revenues, buying at the top of 52wks, EC proposal yet to be voted on etc just doesn�t go down well in cynical investment committees..
Mine was a news article in 2011 or something when SEE won a contract with eye gaze tracking in Toshiba gaming laptops. How things have changed. I also noticed from my records that at one stage i was 280% up in profit. So we have a little bit to go this time round to match up to that #) fingers crossed
What many new investors to this share might not know is that in order to get a deal with SEE you have to close any in house DMS programmes you might be running. So when you see how many OEMs we have and will probabl6 get, there is a hood chance we will domnate in the market including plans for l5 options. I don�t think OEM can restrict who we work with. They should be satisfied with how 5hey are go8ng to use the best tech show off 5heir own unique selling points. IMO
I just wondered what peoples thoughts are on how our DMS tech might be handled by the OEMs. When you look at the Tesla fatality in early March it is clear now that he took his hands off the wheel for 6 seconds before impact. He also ignored alerts. What is to stop someone ignoring our DMS? Cadillac obviously has a system to cruis th3 car to a stop if alerts are ignored. This obviously involves cameras and all sorts of other tech to perform safely. Will other OEMs have a plan b other than shaking the drivers seat? Would SEE insist on having contingencies in place to protect the brand in the event of a crash. Just food for thought
It was Motley Fool journo Roland Head who was bearish on SEE in the past. It is clear that since the price rise they have changed coverage to a new person. This time they are better informed, easy to be wise after the event i suppose. At least its positive now :)
I seem to remember reading somewhere that SEE are set up to allow the Directors the flexibility to release 10 % of shares in the Company each year without having to go to shareholders. I probably haven�t explained that in the most technical terms. I am sure it was alluded to in VSI and the Mike share deals in the past. If that is right then the option for a strategic investor remains.
Although it is great news that they can turn around a RFQ to a contract in 3 months. Nick also said it has previously taken ove4 a year to achieve the same result. This begs the question, have they got enough engineers to share out to all these programs, especially if the OEM want production by 2020? Ken may have to revisit his 2 engineers a week for 2 years plan that he mentioned in March 18 if everything has now sped up. Anyone got C++ and fancy working in Japan? Might be 2 German slots left if you are quick