Member Info for Seeing-2020

For those including our brokers who put little value on Guardian they should look at this transaction, if Smartdrive worth $450m whats Guardian worth? More than our current market cap would be a prudent view

https://www.barrons.com/articles/vista-equitys-omnitracs-to-buy-smartdrive-for-450-million-51599652803

Good post Sandy, totally agree. One of the chaps I'm looking forward to raising a glass with

Renesas gets my guess

https://www.eetasia.com/bmw-unveils-av-safety-platform-architecture/

"As it increases levels of automated driving and their features, BMW addresses those needs by deploying additional sensor systems and high-end microprocessors. The platform’s baseline uses Infineon’s Aurix and Renesas’ R-CAR SoCs to optimize its application in stereo front cameras.

I am very confident that Paul will deliver, I like his no nonsense style and imo he is the right leader for the execution phase of the SM story.

Today was genius imo, announce good news as many times as you can, MOU is normal practice and will be followed by an RNS when final details signed and sealed. I believe we will have number of such announcements.

Alongside securing the future he has controlled cash and got the cost base under control.

The postman delivers

Paul answers that question at 10 mins

https://www.proactiveinvestors.co.uk/companies/news/928236/seeing-machines-ceo-says-new-automotive-strategy-is--significant-breakthrough--928236.html

Thats what I am most interested in, it doesn't really matter with semi co it is as they will all sign up, so its just about the order they sign up

Intel
Qualcomm
Renesas
Texas Instruments

I have just ordered they alphabetically, Paul may well have a better system to decide which MOU to sign first

I was lost for words for a while, this is the stuff dreamers dream about.

So who is it, they will be on the list in the link I guess.

https://www.investopedia.com/articles/markets/012216/worlds-top-10-semiconductor-companies-tsmintc.asp

Qualcomm - but why not name them ?
Intel

TI would be nice as that was what started the ARM story

Also its an MOU to finalise the terms etc, so we wi get more details about revenue etc in due course

Phil, interesting read, we wouldn't have ticked this box a few years back as costs were not controlled, we do now

" also want to buy companies that have their cost structure in line, and that has a viable plan to grow revenue."

Maps, hope you are well.

If a takeover is in the play, how much did last weeks RNS add to the price ?

https://www-engadget-com.cdn.ampproject.org/c/s/www.engadget.com/amp/2019-04-10-ford-ceo-says-the-company-overestimated-self-driving-cars.html

Ford CEO Jim Hackett scaled back hopes about the company's plans for self-driving cars this week, admitting that the first vehicles will have limits. "We overestimated the arrival of autonomous vehicles," said Hackett, who once headed the company's autonomous vehicle division, at a Detroit Economic Club event on Tuesday. While Ford still plans on launching its self-driving car fleet in 2021, Hackett added that "its applications will be narrow, what we call geo-fenced, because the problem is so complex."

Good to be tipped up in the mail.

I read it as two stages

1) major contract wins

2) takeover before regulations come into play

I am not well spoken but I tend to agree, win VW and Toyota and let's see what the base is pre the Qualcomm, Xilinx, Intel etc fight

DT, I'm not sure Colin (who is independent) shares the company view on market share.

Pretty sure at CMD Colin had a slide predicting 70% market share or something like that for SM, Nick and Paul sat stoney faced as Tim Edwards nodded along in agreement

And that was before one of the top 5 announcements in Colins 26 years as an analyst.

I know this article was posted last night but thought it needed its own thread

https://www.eetimes.com/qualcomm-prepares-to-take-nvidia-for-a-ride/

I have read it about 5 times now and still trying to get my head around it all.

This extract intrigued me is he saying that DMS is the next technology pivot ?

"The pace of development in the tech industry is so great that disruptors can themselves be disrupted. Leading suppliers which carelessly miss significant technology pivots face oblivion. Witness Motorola missing digital cellular; Nokia missing smartphones; Kodak missing digital cameras; Blockbuster missing video streaming. I’ve witnessed countless examples in my time as an analyst and automotive development, while somewhat slower paced, is not immune to these technological changes."

I have spent many years invested and researching here, apart from a 3 month period in 2018 for the rest of the time I have been called a ramper or dreamer, well sometimes dreams come through....

TLS, very clear explanation, we are lucky to have you on this bb.

Softbank paid $32bn for ARM

ARM had years of SP stagnation and it appeared they would never sign a license deal, then they had a breakthru moment when the signed a license deal with Texas Instruments

Wow, what a comment on linkedin by our CEO, mic drop....

Paul McGloneChief Executive Officer

"Integration with EyeQ6 and #Mobileye is a great idea Colin"

Never mind the experts on here, I tend to listen to industry experts such as Colin Barnden.

Colin on linkedin this afternoon:

" More details on the Seeing Machines Occula NPU announcement. #dms will never be the same again. Can see this integrated as an ASIC core into Intel Corporation's Mobileye EyeQ6. Maybe 5 days in 26 years as an analyst that I've seen something this big."

I expect we see another week like CES with multiple RNS.

How lucky was it to finish the 3 pillars mid morning on the day of the S Class launch, talk about timing

Esc, they had some potatoes ready for chipping, it took them so long the potatoes turned to seed, so they are going through a replanting process.

Nick on the other hand chipped his potatoes and froze them ready for when Qualcomm ring up with the licence deal.

Merc my words.

Jimbo, SEYE havent even planted the potatoes yet

We originally RNS'd our Chip in Sept 16

Someone has a sense of humour with the mid market RNS in Sept, my shrink tells me that the memories of the last mid market RNS will fade over time