Member Info for Seeing-2020

30% owned by Ford

https://www.bbc.co.uk/news/business-10676115

"Jiangling, which is 30%-owned by Ford, currently operates two joint plants with the US car maker, with a combined annual capacity of 210,000 vehicles."

Another tie less wannabee talking about the importance of the end customer / user experience. Come on guys no serious investor would touch you with a bargepole, buy a tie ffs (not full flight simulator)

This was back in 1999, I assume his company failed and he is selling the big issue now ?

https://www.cnbc.com/video/2019/02/08/jeff-bezos-1999-interview-on-amazon-before-dotcom-bubble-burst.html

Funny I actually watched the Steve Jobs movie again last night.

The Steve Jobs "response to insult" video in the Colin article is brilliant.Once you can get over the fact he ain't wearing a tie.

Interestingly if you watch the Steve Jobs movie in the early days he wore a tie or bowtie when presenting, then he entered delivery and execution phases....

So hot today, I guess its weather they get in OZ pretty often.

So hot that in fact I have taken off my tie this afternoon.

Don't judge me please, doesn't mean I don't care.

https://northernvirginia.legalexaminer.com/transportation/distracted-driving-kills-its-time-to-put-the-cell-phone-down/

This is an interesting step, not a mandate (yet) but a recognition of the tech ands its benefits.

https://www.dieselnews.com.au/fatigue-monitoring-tech-as-part-of-a-fatigue-management-program/

"What the NHVR is considering is a voluntary standard. This will explain what the technology does and what is going to be acceptable to the NHVR when it is considering allowing fatigue regime flexibility for operators.

“It will not be saying you must have this technology, it will be saying, if you want this kind of flexibility, we will only give it when you have this particular type of technology because we know that works the best in this situation.”

According to Andreas, the voluntary code is essential, because the NHVR doesn’t want to see trucking investing in some technology and not get a regulatory benefit. "

https://www.nhvr.gov.au/news/2020/08/06/funding-boost-to-drive-heavy-vehicle-safety

https://www.linkedin.com/posts/seeingmachines_funding-boost-to-drive-heavy-vehicle-safety-activity-6697324860349263872-RqJw

Substance over style for me every day of the week.

What this weel has done is clear the way for positive news, when that news arrives I totally understand why he didn't speculate.

I hold and wait as I have no clue when news will come but I am confident it will.

Good clear video for me , no ramping just clear and to the point, careful not to say anything that not in the public domain and his attitude to Covid is control what you can control, I am very impressed.

A few points

1) Cost reduction, redundancy costs in FY20, benefits flow FY21 and FY22. He was careful with his words, not celebratory showed empathy but clearly he made decisions that needed to be made

2) Aviation, 2 RFQ live atm, one with a carrier , one with an OEM. Emirates and L3 would be my personal guess

3) Double fleet margin improvement, how to increase margin ? = reduce costs or increase price,. seems to me he has managed a price increase and a cost reduction, great work.

He also mentions his pleasure at the cash position which I agree with

Positive comment about the start to the new financial year

https://www.linkedin.com/posts/seeingmachines_seeing-machines-beats-expectations-for-annual-activity-6696201463414308864-M2cH

Mr Bunce highlights an interesting point in the extract below, clearly he is calling E-Mach and F150 as ours but also suggesting that we can continue to move through the various Ford models without the need for an RFQ, that is both time saving and lucrative.

I'm a happy boy today I must say

"We also note that with production systems in place at key global OEMs, new RFQs are not necessarily needed by the OEMs as they roll the technology out to other platforms in their group,
as demonstrated by Ford putting DMS into the Mach-E as well as the F150."

Great management of cash in these times or any times for that matter, I am very pleased with this RNS.

"Cash at 30 June 2020 was A$38.7m, up by 22% on consensus guidance (consensus: A$31.8m)"

Wilson, no sure tbh, the number I am most interested in is cash and that requires no accounting judgement so they knew that number on 1st July.

Looks like we are getting our trading update 2 days early

https://www.seeingmachines.com/investors/aim-investor-information/

Year End Trading Update 3 August 2020

Interesting this we have compared SM to ARM many times on here, the licensing model is more akin to ARM than mbly.

NVIDIA seem a little controversial and whilst Colin Barnden as an example loves ARM (he called it years ago) and SM ( he is calling it now) he seems less keen on NVIDIA

The money as Wilson points out is huge

"He estimates Nvidia would have to pay about $55 billion for Arm."

I posted last night, but sounds like what Matthew Avery is describing from 45 mins

https://www-autoexpress-co-uk.cdn.ampproject.org/c/s/www.autoexpress.co.uk/podcast?amp

The answer if at 45mins in this interview

https://www.autoexpress.co.uk/podcast

Yeah $210m, so around 4.7-4.8p a share, I think its normally closer to our uk SP

Must admit I don't fully understand the correlation but looks like SEEmf is up 37% today
https://finance.yahoo.com/quote/SEEMF/

Depends who its with and what its for, very possible to be exciting in my view. I have long thought they should license Guardian to Tier Ones or very large telematics, anything suggesting thats in play would be great.

Why would Denso or Hyundai Mobis try compete with all the data we have, just work out a way to license whilst protection IP. Paul and Dr Mike have big brains , I am sure they can work it out