Member Info for Seeing-2020

Indeed, it's the worlds best selling truck and the top selling car/ light vehicle in the US.

It's also our first chip win, how advanced will it be I wonder ?

#Team300

Russel, that's one we have been waiting for the launch of Ford F-150 which at A$50m+ is currently our largest value RNS. 640k units thats more like it

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Hyms, well today a £3bn valuation is better than our £150m. However the race doesn't finish today, we are playing the long game.

SeeingTom summed it up perfectly yesterday

"SEE are playing small games and big games at the same time. 

The big games have huge huge pay off potential that would be life changing for us with decent holdings..."

#Team300

JC, nice spot. Dr Mike liked a post about Arrival the other day on LinkedIn

£3bn so 100p ballpark in SEE terms, and people tell me I'm crazy

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What a sentence this is "By the time the market closed, the stock had gained 112% this year, giving the electric-vehicle maker a market value greater than that of General Motors Co., Fiat Chrysler Automobiles NV and Volkswagen AG combined."

Sch, thanks that's correct I think, some articles have pics on a steering wheel with no camera, probably just stock pics

As for Elon, whatever people say he is a brave investor and great marketer

Where is the DMS camera located?

I have had a look at the pics and cant see it in the steering column

I see L3 as a licensee not a takeover, atm I would prefer A$20m+ license deal to a $1,bn takeover

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) today announced the signing of a definitive agreement under which Leidos (NYSE:LDOS) will acquire L3Harris’ airport security and automation business for $1 billion in cash. The transaction is expected to close in mid-2020 and is conditioned on customary closing conditions, including receipt of regulatory approvals.

@L3HarrisTech Signs Definitive Agreement to Sell Its Airport Security Business to Leidos for $1 Billion

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“Today’s announcement represents a significant milestone in L3Harris’ strategic priority to reshape our portfolio following last year’s L3 and Harris merger,” said William M. Brown, Chairman and CEO, L3Harris. “The agreement provides a stable path forward for the Security & Detection Systems and MacDonald Humfrey Automation businesses, while enabling L3Harris to focus its resources on core technologies.”

L3 suddenly have a lot of cash in hand, get on the blower Pat Nolan

https://www.businesswire.com/news/home/20200204005478/en/L3Harris-Technologies-Signs-Definitive-Agreement-Sell-Airport

I have found the last two videos with Paul very informative, our business model is developing and we are actually becoming a diverse business, its not just how the money flows but its how the work is won.

a) Fleet

How work is won? - Direct sales by SM or via distributors or insurance partners, not just winning that's key its the installation rate.

Money flow - upfront capital element and then recurring monthly revenue, as installed base grows so does the 'guaranteed' recurring revenue.

B) Auto

How work is won - All contracts (design wins) are via an RFQ process, this can be long and subject to delay as we know, historically a Tier One would bid with our tech, either software or our Xilinx chip, it appears we have a growing eco system of Tier Ones and the likes of Qualcomm, my view our chance of success increases.

Money flow - ultimately its a license fee per car coming of the production line (from June 2020 as Paul said yesterday), however as Paul pointed out yesterday currently our income is project based and binary, so we get NRE (non recurrent engineering) fees for the work our engineers carry out with new DW's.

C) Aviation

How we win work - FFS = this is an interesting one regarding the license agreement(s), the language used suggests to me its not a competitive RFQ process, its a negotiation, its a commercial discussion. So I think we have an opportunity to tie up the FFS market by licensing our tech to the big players (CAE, L3) both of whom we work with in military and civil aviation already, before we have any real competition

Money flow - Upfront cash payment (shown as revenue and 100% margin in the financial year license agreement signed ) and a royalty payment going forward, the difference between this royalty and CAT is for mining CAT were building a new offering and hence it was slow to start with, for FFS the likes of CAE and L3 will sell say 50-100 new units per annum and we know from CMD that we also offer a retrofit to the circa 4,000 existing Civil and Military sims in operation, so the royalty income would be significant very quickly.

All just my musings, dyor

https://gmauthority.com/blog/2020/01/2021-cadillac-escalade-teased-ahead-of-debut/

"The 2021 Cadillac Escalade has been teased ahead of its upcoming debut in Hollywood on February 4th, with GM releasing an image showing a section of the full-size luxury SUV’s front end."

All imo before I get shot down for mentioning numbers.

Klick, I read it as a 75% increase in installs in H2 v H1, which gets us into the range previously stated circa 28k at year end.

Johnny, yes you make a good point, but he is not hiding from his Aviation License comment, I take that as a positive. He also made a very good point about BMW at CES and how unusual it is for a OEM of their stature to invite a Tier 2 supplier to present at their stage every day, but not all Tier 2 suppliers have a Dr Mike

Aviation section of interview very strong imo, he comments that he first mentioned in last July so not hiding from it.

A few bits I liked ;
- multiple parties, not just one
- it's the right strategy
- serious commercial dialogue
"We are very much in advanced discussions with not one but several key Aviation players "

#Team300

lol, V O X markets interview, google it

Sorry new to this game

www.**********.co.uk

****************************/series/daily-podcast/

#Team300

Great find Bauchsapt, we all remember the large (A$4-5m payment we received when we won Daimler, as a result of the high NRE associated), so I'm expecting the tech to be very impressive.

Its been pointed out before but the article also mentions the Geely / Volvo link

#Team300 (it should be noted that #Team300 is a trademark of S2020, its not a recommendation to buy as ppl should DYOR, the value of your investment can fall as well as rise and any capital invested is done so at your own risk.

Quality Sandy