Member Info for Seeing-2020

My wife's hairdresser just told her that a friend of hers does the nails for a woman who is 2nd cousin to the man who cuts Gordon Gekko's grass, anyway you heard it here first.

Friday FOMO incoming.

Looks well named to me, I won't cancel my BMW IX order

Yes I watched it, in fact they sent me an email afterwards asking for my order, I am sure that sakes method will prove very successful. I didnt order one yet..

I thought after the big build up they might have a huge order to announce but nothing, unless of course someone has replied to the email.

We have nothing to worry about, we launched 6 years ago and have 6.2bn KM of real-time data.

They might sell a few in their home market of China.

I was all dark mood lighting and black clothing, sadly Martin was more Steve McClaren than Steve Jobs.

We have discussed VAG on here many times , recently I have drawn the conclusion they will be the EV winner.

https://www-marketwatch-com.cdn.ampproject.org/c/s/www.marketwatch.com/amp/story/forget-nio-and-xpeng-this-company-and-tesla-will-be-the-top-2-electric-vehicle-plays-by-2025-says-ubs-11615306959

"The global automobile giant Volkswagen Group owns brands including Audi, Porsche, Bentley, Bugatti and Lamborghini. In the past year, the company has raced past Tesla to become the most dominant electric-vehicle group in Europe — the world’s largest EV market behind China. Volkswagen now controls between 20% and 25% of the market in this key region"

The official conclusion of the report into that collision was "distracted driving"

He is a big advocate for road safety

Tombish, I watched an interesting segment on Bloomberg today about EV's, they covered Tesla. NIO and the "old school" OEM's.

Their conclusion was that none of the newcomers would challenge Tesla and that VW Group will make the most progress of the traditional OEM, they foresee a partnership between those two that will dominate

BB, thats why I thought the RG TR1 was significant, it was like he was sending a message by going above 3%.

A clue perhaps

https://www.linkedin.com/posts/marco-lagos-4252abb_we-are-hiring-for-our-tech-team-in-sf-and-activity-6773810220985659392-U4JW

Does this Roy Holehouse chap write the twitter feed for SM?

JLR - ffs

It started with jubilation and much back slapping back in 2017, they had finally beaten the mighty SM in a straight fight

"MON, DEC 04, 2017 08:00 CET
Smart Eye has, together with a leading Tier 1-supplier, been selected as a supplier of second-generation’s eye-tracking to a European premium vehicle manufacturer. This is the first time ever that eye-tracking software is being procured for all car models of a production platform at the same time. That's why the number of design wins becomes so high, 13."

The denial and the shame
However. a DW without a Sop is like a fishermen without a hook, you can hold your rod in the water as long as you like but eventually its clear to all when someone else eats your lunch.

So today in the Redeyte report Viktor says in his table that Sop was expected 2019, so two years ago, how many have they sold? = zero, how many are planned for this year = zero, Sop is xxxx not sure if thats a signal to McDeliverys favourite tipple.

The tide is on its way out and the pretender will be outed

24 mentions of Seeing Machines in that Smarteye broker report but Viktor isn't worried at all, lol

He is right about Qualcomm it is not included in current business plan or recent RFQ, Paul confirmed that in his recent interview.

The "material" "substantial" revenues from QC is over and above, great.

That report is the best marketing SM have done in a while

Old, it felt that way, eg PI on here telling is they sold and RG telling is he bought via a TR1, great to see the data, some change

In terms of our short term revenue in order of size its driven by:

1) Fleet recurring revenue - already installed in vehicles and its a monthly recurring revenue for monitoring

2) New Fleet installs, which increases number one

3) New fleet sales, we have large orders placed and stock held at distributors, no impact

4) Auto NRE, non recurring engineering fees for design wins, license deals such as Omni, this is the client or partner paying our engineering time

5) Auto production royalties, $$ per unit off the production line, currently thats GM, Ford and Mercedes

6) License deals, Aviation. or other with $$ upfront or in the form of NRE, not in current forecast

All good.

SEYE have also done us a favour, due too the fact they don't make it to production the 100 Chios earmarked for them are available also

This is very good, Danny S is hugely impressive, speaks much better than Jensen.

My predictions after listening to this

1) we are in next gen of NVIDIA chip, he mentions next gen in the context of power saving.

2) They will be a contender to buy SM, he talks about consolidation

Old, I tend to agree regarding QC, its bigger than any of us think, the relaxed confidence whilst Paul talks about it speaks volumes.

QC have an unnamed early adopter for Gen4 snapdragon, imo thats VW Group.

I also predict that VW Group will be the most successful OEM for EV's, so by say 2025 they will be clearly in the lead as the world's nunber one OEM.

So thats my view, QC is huge for many reasons but one of them is it comes with VW Group.

Buffet, it is OEMs and yes that's huge.

*Among the announcements were that Qualcomm has secured design wins at 20 of the top 25 automotive OEMs and Tier-1 system providers with its scalable 3rd-Generation Snapdragon Automotive ****pit platform*

https://www.forbes.com/sites/tiriasresearch/2021/01/26/qualcomm-launches-new-auto-platforms-stretching-from-infotainment-to-autonomous-control/?sh=273a4f537204

Lost, not for Gen4 the QC chap and Paul are very clear in interviews, the Gen4 snapdragon comes with the SM DMS stack as standard, so its possible for an OEM to request to have it removed but why would they do that.

Standard not optional, thats the key word.

2 min 20 seconds in this interview

http://www.proactiveinvestors.com/companies/news/940243/seeing-machines-ceo-says-first-half-has-been--period-of-growth--as-landscape-hots-up-940243.html

I believe its 23 OEM not 23 models, so more like hundreds of models

I agree its unknown for gen3 but gen4 its a standard feature so in all that QC are in

Johnny, good post you are right of course, I had a few people suggest to me this is like 2018 all over again.

this is what is different

1) 3 Pillars, watch the interview with McDelivery from Sept before you consider pressing the sell button.

2 Qualcomm, less than a month ago we were named by QC as a key partner, our DMS stack is standard in their gen 4 Snapdragon chip, nobody knows how big this will me, my opinion is bigger than any of our little brains can dream.

3) TR! for a buyer, check back we had no TR1 For a buyer in the 2018 rise, so RG taking above 3% with his own / family cash is huge

4) Omnivision, they have 30% of the standalone market according to McDelivery, and they are licensing our IP

5) Current trading, with everything still going on in the world we are trading ahead of expectations, cash in particular is a standout and points to a real focus on control of costs and making a profit.

6) L3Harris, global super power L3Harris were celebrating their MOU with SM, it will land just waiting for the fog to clear

7) US Investors, we have FH taking 10% and lots of interest from others it seems to by 'on market'

8) Fleet, business is growing despite Northern Hemisphere being in lockdown for the best part of a year, great progress in OZ, NZ and South America

9) My Gut, it feels different

10) McDelivery, clue is in the name.

So unless 9 0r 10p is your price, sit on your hands, enjoy the ride, I have removed all upper limits on my targets

I don't buy the theory that just because QC worked with Tobii in the past this is closed to us, which is harder eye tracking for military grade Aviation, Mining trucks, fleets of trucks and Cars or eye-tracking for computer games?. I know which company I would trust.