Member Info for schlemiel

https://www.strategyanalytics.com/zh/strategy-analytics/blogs/automotive/autonomous-vehicles/autonomous-vehicles/2019/07/25/gm%27s-not-so-super-cruise

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'It is also unclear as to how GM's Warren Tech Center engineers plan to merge the Super Cruise Level 2-type solution with Cruise's Level 5 technology'...It is this sentence that piques my interest. I believe to satisfy the legislators GM and Cruise will need to install some form of merged Super Cruise-Cruise system (and indeed our tech) into so called L5 cars. That's a bigger footprint for SEE tech. And who knows. Cruise's Japanese investors (Honda and Softbank) may take a look at SEE tech and indeed the company (that's a shameless ramp by the way!)

'I tried to trade ASOS'

I don't put much faith in RSI or indeed any other indicator for that matter. Basic, simple charting, yes. RSI is applicable if you're trying to snatch a few points here and there but with a stock like this that is entering a very important 12 months I would argue that the gains that maybe made from holding exceed those that maybe made from trying to trade it on a short term basis. The opposite also applies. Holding SEE could see you lose money depending on your entry and exit points

I trade to trade Asos years ago and made a couple of grand in a month. PRSM, another. If only I had look deeper into the company and appreciated the potential to be unearthed I would now be a millionaire. Unfortunately, I'm not a millionaire. I live in a kennel with a rat for company

I believe SEE will make it work and therefore I see no gains in trying to second guess the market or indeed the future. At the risk of contradicting myself I believe SEE will be 8p by Christmas :)

https://www.cnbc.com/2019/07/25/first-look-2020-cadillac-xt5.html

'And while not yet available, Cadillac officials hinted that Super Cruise, the semiautonomous system going into the new XT6, likely will follow on the XT5, as well, before it’s time for a complete makeover of the crossover utility vehicle in three or four years.'

I have a feeling that GM just might accelerate Super Cruise across its entire range faster than they had originally intended. I could be wrong, I usually am, but I do sense GM and indeed others are slowly realising full autonomy is simply unfeasible, both technically and legally.

The innate conservative nature of conventional auto-makers and their obsession with safety does not lend itself to a mass embrace of driverless vehicles any time soon

Step forward DMS to provide the bridge between Level 2+ and the driverless sunlit uplands

A government Minister. I like that. Government taking a keen interest in driver fatigue and monitoring. Mandatory, hopefully

I'm happy with price progress to date. The fundamentals are strengthening and the media so far has been positive. There's a good level of confidence that all is coming together. We can't ask for anything other than that

We can sense decent news is not far off

Let profit-takers take their hard earned gains while we await fundamental developments

I've given up trying to trade this or any other stock. I have my holdings and I'm confident they will eventually reap rewards

1 v 6

Now that's skewed t'sell side but we can never knows what's goin' on behind the scenes

10p by Xmas and I'll be delirious. Even 6p and I'll be happy

1 v 1

CNKS on the bid

off out now so gla

Similarly, Neil Ingram, Head of Motor Product Management at Direct Line Insurance stresses the complicated nature of this process: “Driver Monitoring System (DMS), as with other advancements in technology are designed to increase the safety of vehicles and roads, though there is potential in the short term for repair costs to rise if fitted with expensive sensors. It is not a simple question of discounting but understanding the capability of the vehicle including its safety technology, in combination with the driver, in order to accurately reflect the risk presented in premium and terms offered to a customer.”

As to the thorny question of where responsibility lies in the event of an accident, David Williams, Managing Director, Underwriting & Technical Services, AXA Insurance confirms that: “Under the Automated and Electric Vehicles Act 2018 which AXA helped inform, in the event of a vehicle being involved in a collision while in autonomous mode, the insurer will be liable in the first instance. It will then be up to the insurer to seek recovery of costs whether it’s from the manufacturer or a third party where appropriate.”

Certainly camera-based driver monitoring systems DMS are set to usher in a brave new world for drivers, whether they like it or not.

end

The increasing automation of vehicles that enables hands free driving, is also making the need to keep an eye on the driver increasingly important. “There is more and more risk that the drivers will be tempted to do things they’re not supposed to do with the Level 2/Level 3 automation systems. For example, some will think the system is doing such a good job that they’ll be tempted to switch off completely,” adds Avery.

Given the impetus from tighter safety standards and the coming wave of semi-autonomous vehicles, more and more car manufacturers will soon incorporate camera-based DMS into new cars, beginning with premium models.

Varun Krishna Murthy, Senior Research Analyst at Frost & Sullivan outlines this process: “All manufacturers will look at installing camera-based DMS technology in their premium models. Then it will be rolled out more broadly into lower segment cars and vans, based on its acceptance with the driver.”

Thus, the 2020 semi-autonomous Mercedes-Benz S-Class will feature a camera-based DMS as will Byton’s electric M-Byte, scheduled for release in Europe in 2020.

They’re not alone, Volvo is planning to introduce them into its premium range, based on the next generation SPA2 platform from the early 2020s, most likely starting with the XC90. Ford and Fiat Chrysler are also introducing it into premium pick-up trucks for the US market but are expected to extend coverage soon to European models.

The laggards appear to be the major Japanese car manufacturers, surprising given that Toyota introduced the first such system over a decade ago in a Lexus. Yet, Toyota is believed to be testing a DMS system with Seeing Machines, who developed those in the Cadillac CT6 and the Mercedes-Benz S-Class. It will most likely debut in a Lexus, possibly the crossover based on the LF-1 concept that is rumoured to be released in 2021.

As to whether having a camera-based DMS will reduce insurance premiums, a spokesperson for the Association of British Insurers (ABI) says: “The cost of cover in part reflects accident rates and repair costs, so if the roll out of this technology reduces road crashes, then, in a competitive insurance market, this can be reflected in premiums (pricing, including any discounts, is of course a matter for each individual insurer).”

Thatcham Research determines which of the 50 insurance groups a car sits in, on behalf of the ABI, after looking at a variety of vehicle attributes, including repair costs, safety systems, theft, purchase price and availability of parts. These groupings are only indicative and advisory but can used by insurers as a guide to premium along with other information. “We are currently reviewing the process and it is likely that camera based DMS will be considered but we have made no decision as yet,” says Avery. “Still, anything that comes up and is in the protocols of Euro NCAP will be included,” he adds.

cont

Most drivers can expect to see cameras monitoring their face and eyes as they drive in the near future. It’s a trend that appears unstoppable, given its proven safety benefits and the increasing production of semi-autonomous vehicles that require it.

While many experienced drivers are unlikely to instinctively welcome the new technology, it should help prevent thousands of accidents caused by distraction or fatigue. According to the latest Department for Transport figures, in 2017 driver fatigue was cited as a contributory factor by police in 1,613 accidents, causing 53 fatalities and 1,560 injuries; driver distraction was a contributory factor in 4,573 accidents, causing 125 fatalities and 4,448 injuries.

There are currently only a few cars using advanced camera-based driver monitoring systems (DMS) to monitor a driver’s face and eyes for signs of distraction or drowsiness and alert them when they’re not paying attention to the driving task; the Cadillac CT6 in the US, the Subaru Forester, BMW X5 and Audi A8 here. Yet, it is set to become a fairly standard feature over the next few years, in the same way that seatbelts and AEB have done. One estimate, from Semicast Research is that 25% of passenger cars will have a camera-based Driver Monitoring System as standard by 2023, reaching 90% by 2028.

Crucially, as part of new European Union ‘General Safety Regulation’ rules that are set to become law by the end of this year, there will be a legal requirement for all completely new car models to have systems to monitor drivers for drowsiness and also distraction by Spring 2022, while even refreshed models will have to comply by 2024.

Euro NCAP, which has traditionally set car safety standards well beyond legislative requirements, is pushing even harder for advanced driver monitoring. It is developing test and assessment protocols that will be introduced at the beginning of 2021. Moreover, requirements to measure driver distraction and fatigue/drowsiness will be built into Euro NCAP’s 5 star safety ratings from 2022.
While these regulations and standards are intended to be ‘technology neutral’, it appears that the only technology that can effectively meet these requirements is camera-based DMS.

Matthew Avery, Director of Insurance Research at Thatcham Research explains: “Really what you need is a camera. Indeed, our motto is: ‘The eyes have it’.”

This is because using eye-tracking the cameras can tell where you’re looking and how engaged you are and even when you’re starting to fall asleep. Indeed, the systems can even work if you’re wearing glasses or sunglasses as they use infra-red light.

cont

This is the Daily Telegraph, an esteemed UK newspaper. I would say they've not allowed such an article be published without checking its veracity

So Volvo is in the bag, surely

Volvo's SPA2 platform ......scalable..

Cheers Robbie!!

Go on my son. Even better than a RNS

One would think Menon's been in direct contact with SEE. To think otherwise is slightly naive

if you bring it up on Google you can see it says 'Toyota is believed to be testing DMS by Seeing Machines'

Can someone get access as it's paid

https://www.telegraph.co.uk/cars/features/car-watching-driver-monitoring-systems-inevitable-necessity/

Is your car watching you? Why 'driver monitoring systems' are an inevitable necessity on Britain's roads

I can't get the whole article but from what I can see Toyota is testing SEE DMS!

Most drivers can expect to see cameras monitoring their face and eyes as they drive in the near future. It’s a trend that appears unstoppable, given its proven safety benefits and the increasing production of semi-autonomous vehicles that require it.

While many experienced drivers are unlikely to instinctively welcome the new technology, it should help prevent thousands of accidents caused by distraction or fatigue. According to the latest Department for Transport figures, in 2017 driver fatigue was cited as a contributory factor by

The recent EMP documents for Origin dated the 10 July are now open for viewing.

https://denr.nt.gov.au/__data/assets/pdf_file/0008/715859/Origin-Beetaloo-Groundwater-Monitoring-Bore-EMP_V761.pdf

Max Ward's stamp of approval for SEE..lovely

https://citywire.co.uk/investment-trust-insider/news/volatile-independent-complains-of-misleading-aic-sector-shift-from-global-to-uk/a1250525?ref=investment-trust-insider-latest-news-list

Take tech profits

Despite the outperformance, McDougall said the half year had been a ‘quiet period’ with just one new purchase; café-bar chain Loungers (LGRS).

Independent took profits from some of its technology holdings, which makes up 22% of the portfolio. The total holdings fell in value from £72.7 million to £70.1 million but this was after net sales of £11.5 million and ‘masked a solid underlying rebound from the depressed levels prevailing at the start of the period’, said McDougall.

Software company Kainos (KNOS) ‘did us proud’ when it was sold on valuation grounds, said McDougall, and the trust took advantage in the recovery of tech darling Blue Prism (PRSM) to make a ‘substantial’ reduction.

McDougall said that ‘in hindsight [the position] had become too large’ and it now makes up 6.3% of the portfolio.

‘It remains a very exciting business but the volatility of the share price is evidence of the difficulty we and others have in valuing it,’ he said.

While it sold down part of its stake in Blue Prism, the trust isn’t shying away from tech stocks, adding to its position Seeing Machines (SEE), which produces computer vision technology.

McDougall said the trust bought in as ‘not for the first time in its chequered history, the company had run out of money’.

‘It is to be hoped that the funds raised, together with a more disciplined approach on the part of its new management team, will allow the company to bring its impressive technology to commercial fruition,’ he said.