Member Info for Seeing-2020

N

https://www.eetimes.com/busting-myths-of-driver-monitoring-systems/

Looking at the Tax role, its a 6 month role but covers Japan, why do we need to worry about tax in a region that we have never won any work so our revenue is zero surely, its like a coach potato buying a Jane Fonda workout VHS? Also it's for 2 people a tax manager and a reporting role so thats at least 23 vacancies.

"An exciting opportunity exists for 2 suitably qualified people to join our Finance team in the roles of Group Reporting and Tax Manager, based in the Collingwood, Victoria office. This is a 6-month fixed term contract position, with an opportunity for ongoing employment beyond the 6-month period for the right candidate.
As a key contributor to the financial success of the business, the Group Reporting and Tax Manager is critical to ensuring the company is fulfilling its Statutory reporting and tax compliance obligations in Australia and Internationally. This role is joining the CFO and Finance Department to partner with the business and provide financial services and insights with the emphasis on the areas of technical accounting, statutory reporting, and tax compliance.
Key Responsibilities of the Role
The duties and responsibilities include:

Co-ordinate statutory reporting for the Group in Australia and for standalone subsidiaries in other jurisdictions (USA, UK, Germany, Japan)"

Indeed Terry, its been an odd few days for the markets but still people want shares

I have followed the posts by Roy Holehouse for a while, he seems very well researched to me.

Smarteye are in real trouble in my view

Based on linkedin Paul Mc seems to think SM have won the EQS

Colin Barnden / Semicast Research
13h
...while the DMS opportunity is rapidly expanding. Who knew?

Quote Tweet
The Verge
@verge
· 17h
The autonomous vehicle world is shrinking — it’s overdue https://theverge.com/22423489/auton

Wilson, imo its because their core business is investing and this investment is material to them, they did a placing in March and post placing RG owns 77% of the share capital.

pre investing in SM they had £4.1m in available cash, so they decided to invest 37% of that cash in SM and I guess thats why its an RNS, its a substantial amount of the available funds and so material

Good spot, yes very major, he owns 77%

Adams PLC have announced it to the markets

https://www.londonstockexchange.com/news-article/ADA/investment-in-seeing-machines-limited/14967215

https://www.adamsplc.co.uk/

Adams plc

("Adams" or the "Company")

Investment in Seeing Machines Limited ("Seeing Machines")

The Directors announce that, on 6 May 2021, Adams purchased 8 million ordinary shares of no par value in Seeing Machines on the AIM market of the London Stock Exchange at an average price of 11.35 pence per share for a total cash consideration of £908,000.

The Company's holding of 8,000,000 ordinary shares in Seeing Machines represents 0.21% of the currently issued ordinary share capital of Seeing Machines of 3,805,617,804 shares. Following this investment, the Company will have cash balances of approximately £3.19 milli

https://www.**********.co.uk/rns/announcement/36a75bc3-2198-407d-a4b5-ce05d9fedece/

The King was playing to full stadiums a while back, now he couldn't even get a job in a Vegas wedding Chapel.

Never ever ever ever, use the word "unfortunately" in your first sentence of a market update, the King is fast becoming the Court jester.

"Unfortunately, the pandemic has not abated at the pace we had all hoped for, but it has not affected Smart Eyes' everyday work to any greater extent. "

It's really simple, BMW idrive 8 is our tech, lots of research already posted on here as to why. Its QC also and in the IX.

So if any model has idrive 8 its us.

If that's not enough, I have heard that Paul McGlones hairdressers husbands best friend drives an X5.

Great article by safestocks

https://www.safestocks.co.uk/

He makes a great point, even if Mr Bunce claims some upcoming auto wins are in his forecast he needs to reduce discount rate hence the 40p not 16p,a point made on here before by SeeingTom.

Fair value $15bn within 12 months, thats in my 'conservative' ballpark

No hoping or might happen, look at Paul's language

"expect our position across this market to grow considerably"

Well McDelivery seems to a its important

mic drop

"Paul McGlone, CEO of Seeing Machines commented: "Seeing Machines exists to improve safety and this week's activity in the US reinforces our reason for being. We have been working on our leading DMS technology for the better part of twenty years, and now with four US OEM customers, expect our position across this market to grow considerably."

Brock, the US mandating DMS is a bit of fluff?

I couldn't disagree more with that view, many of us have waited for years for this.

It's a mandate not an option, companies dream about their tech being mandated

Mic drop

Seeing Machines' view remains that DMS installations will increase from 1% in 2019 to more than 70% of all new vehicles by 2026. Momentum in the US closely follows Europe where a range of safety features, including DMS for all new cars, vans, trucks and buses is required from 2024

Mic drop

Seeing Machines' view remains that DMS installations will increase from 1% in 2019 to more than 70% of all new vehicles by 2026. Momentum in the US closely follows Europe where a range of safety features, including DMS for all new cars, vans, trucks and buses is required from 2024