Member Info for Seeing-2020

Indeed Sipps, I of course didn't sell any as I have seen his behaviour before, however others did.

Traders are welcome to trade but when they post constantly to scare people into selling and then buy back that's the lowest of the low imo.

Choose who you want to believe, but unlike Brockl I will never try to convince anyone to sell just to lower the price.

Just look at his posts over last few days, this morning a 5x improvement in Fleet hardware margin wasn't going to improve profit, but this afternoon he was buying back.

It always amazes me that ex holders turn up to tell us why we are all wrong for still holding.

Anyway brock, Paul clearly states in the pres that the margin on hardware sales of gen3 increases 5x, from 10% to 50%.

Don't know about you but I would have thought a 100% increase on margin being impressive, 5x increase seems very material to me.

Amazon would be Gen3, we don't sell our auto product into the fleet market, as we don't want to dilute that market

As for Coca-Cola "the holidays are coming"

Great post by CB, highlighting the importance of partnerships

Magna

Valeo

Collins

All think they know more than the derampers who sold yesterday, I guess we will see over time who is correct.

https://www.linkedin.com/posts/colin-barnden-1081376_automakers-ev-gsr-activity-7258076842765488128-AsY2?utm_source=share&utm_medium=member_android

Another great post by safestocks, we are looking to have analysts of his quality following SM.

As for yesterday , a few small insignificant PI told us of their decision to sell, I doubt it will trigger a holding RNS

In the opinion of the CFO in today's pres

Current monthly burn $2m

Opex savings to come $0.5m

Margin improvements $1.5m.

Margin improvements

- Fleet = Gen3 higher margin than Gen2

- auto = split of revenue moves towards license revenue (95% margin) from NRE (low margin)

Monthly cashburn before I get my head bitten off.

Key thing for me remains cashflow breakeven. Company are still say FY25, that's good enough for me. So sometime before end June 25.

Martin stated cashburn was $2m in Q1 FY25, so heading in the right direction

Indeed, ISB.

I am the crazy one as I trust the CEO of the company I have invested my hard earned cash in.

You are apparently invested in a company in which you don't rate the leadership

Isb, maybe they haven't had any new cars on the road so he is hiding the fact by not releasing the KPI's.

You need to try a bit harder today.

He said never said the KPIs would be out with the results

So within the next 8 months we will be at cashflow breakeven run-rate.

Well done to all the genuine investors who held for years and ignored the scaremongering

Key message for me.

"Our focus remains on reducing operating costs, as achieving cash flow break-even is our top priority and we are reaffirming our expectation to achieve a cash flow break-even run rate in FY2025. By delivering efficiencies and a disciplined approach to management, I'm confident that we will be able to successfully navigate increasing geopolitical complexity, to deliver strong medium- and long-term performance.

The business has had a good start to FY2025, and revenue is on track within the consensus range."

Sophie has liked the CB post

Indeed Bonzo, and Paul has reiterated their annual target is "100% growth in cumulative cars on the road", hence for FY25 they are targeting 2.2m cars (at least).

Terry, Martin has confirmed they are still below 2m, apparently the race is on for first to 3m.

SEYE have downgraded expectations for the recent qtr blaming the macro car market, Paul however has reiterated 100% growth so we should expect 2.2m cars on the road this financial year.

We have never had a qtr starting with a 4, do we skip out 4 and go straight to 5, we will know soon enough.

It's an even worse deal than Redeye speculated.

Smart Eye issues a correction regarding the press release "Smart Eye Expands Its Credit Facility," published earlier today. The correction pertains to missing information in the press release, specifically that the credit term extends for 12 months from the date of drawdown, up to a maximum of October 2026, and that the cost of the credit facility amounts to SEK 7.5 million, with an additional maximum charge of 1.5% if the full credit line is utilized, along with an interest rate of 1% per month. The updated press release is provided in full below.

Aa we closed at 4.9p up 4 48%

Paul is the best CEO on AIM, having recovered from being the worst CEO on AIM this morning

The issue for SEYE is they can't replace the BMW volumes not that BMW are predicting flat sales. Hyundai is the issue as they thought that would replace BMW volumes.

If we were already in 9.24m VW a year I might be concerned by the drop but we aren't, we are at the very early stage of a ramp up.

Redeye extract

BMW, 10 September: slight y/y decrease rather than slight y/y increase

Mercedes, 20 September: Lowering prognosis due to lower sales in China than estimated

Volkswagen 27 September: 9m cars in 2024, down from 9.24m in 2023. The new prognosis is 5% lower than before. This is after a previous profit warning from July.

Stellantis, 30 September: Y/Y decrease of 200k cars in H2, down from 100k

Aston Martin, 30 September: Supply chain challenges and weakness in China

I'm not so sure , what matters for us is cars with DMS, I doubt that's dropping.

It is for SEYE as the last of their gen1 BMW win disappears