Member Info for Seeing2030

2020, i agree I was just thinking wondering if they is more to it, its massive and it would be great to see them adding on the market, they could probably only get so many from the fund raise.

I would guess there is a big sell order in and it’s getting filled slowly. I’m keeping my eye on this one, but feel its very risky so not for me ATM

It’s interesting Paul referred to Magna as a cornerstone investor, has he called federated and Lombard that too? He didn’t say our newest cornerstone investor. Maybe I’m reading too much into it.

As tech companies don’t do well here, share holders stung badly

https://www.proactiveinvestors.co.uk/companies/news/968094/napster-investors-burned-as-music-streamer-decides-to-leave-london-968094.html

We first bought seeing machines in 2015 they doubled but are now 50pc lower, this was a lesson on buying early stage companies. One of their worst investments they say.

https://www.polarcapitaltechnologytrust.co.uk/static/documents/PCT_The_Daily_Telegraph_Covid-19_will_only_increase_the_power_of_our_stocks_02052020.pdf

I think they sold out??

It’s good they’re entering the market too, we’ve been in it over 5 years , we will be soon releasing V3 and installing at point of manufacture. Shell no doubt done their due diligence on the competition before choosing guardian so they’ll sell a few but we know where this is going.

Is Richard Griffiths had a bite I wonder?

We’re in this ii want cheap shares cycle again. Although 90% of my watchlist is in red still too, omicron seems to be a milder variant so it should all blow over, why didn’t the markets react like this when the delta was announced though? There’s just no way of knowing what will happen.
Probably not a good time to be releasing a contract win so lets hope they hold onto that until the markets are a bit more positive in general.

From what i understand we don’t operate with mms now do we? We are trading on SETS, so I guess there are people taking advantage and getting cheap shares cos they have to go somewhere right?
I’m no expert, its just the usual tho, the sp went up in the hope there would be some news, the ‘official’ news didn’t come and a dash of FEAR thrown in by the media and down we go again. Maybe MAGNA as shareholders will be keen to get the pen to paper now haha

They’ve managed so far and most of the top management have had very impressive past careers and left very good jobs to come to seeing machines before they were as big as they are now.

Wont be getting sold now haha, for a while anyways. We seem to be getting hit worse than any of the rest of my watch list. I’m sure the cheap shares will get picked up

A big $120m contract or something with a large tier one to get this moving. Maybe after the new shares are allocated?

$73m for this? Our CEO says we will license what we need and use investors money responsibly.

https://www.protocol.com/enterprise/driver-monitoring-ai-infrastructure-bill

I didn’t say Ken spouted BS, I said I’m glad we don’t have a CEO that spouts BS.
Ken acted on the information he had which was wrong, but lets not go there, all I’m saying is big mistakes were made.
Big Paul won’t make the same mistake, his guidance will follow signed contracts, which is fair enough.
If I knew why the stock market goes up and down I would be a multi millionaire.
We all want the share price to rise, thats why we’re invested.

Well, you said it, Ken had us in profit 2020 with his financial guidance, we all know what happened there. I am personally happy we don’t have a CEO spouting a load of BS to get the share price higher, he said last year when the RFQs come in then he will provide guidance and he has reiterated that, the results are due in the next two quarters, which can change as we all know, but it looks like we had to show proof of having the resources to provide the extra features as discussed.
Its not long now.
The calculation of 42p is a fair assumption on todays figures, but you haven’t taken into consideration Qualcomm or fleet installation at production (which will need to happen soon in terms of contracts being signed not actual fitting) or CAT type licensing fees in aviation which was alluded to today and if wrapped up in the next year could catapult us to profitability.

Lots of things happen with this company that we had no clue about either, they continue to surprise us with amazing news that any other company would be re rated for in a heartbeat.

There is an element of shaking going on at every level, we have seen this. I am looking forward to the day we get one or two RNSs that makes our sp do the straight line up to a new level thing that every other company seems to get, it will be our turn soon, I’m sure.

All the sells are the people who skimmed the RNS and all their shares are going to the people who read it.
I totally appreciate that even though we knew Magna was a customer they have let us know the scale of that ONE contract which could indeed increase by the time pen goes to paper, its a super exciting place to be. I wouldn’t have personally been buying any more, I’m in my happy place personally

Haha Cenkos, they keep saying how amazing the company is and every report adds value, but not to the target price, how does that work? The biggest ever single contract in DMS EVER?

Rfrost it didn’t come til after 4.20 pm then was oversubscribed by 7 pm

Too many shares in II hands for a hostile bid, Magna has made a strategic investment, but they also earn twice from selling DMS mirrors and then make money on the cheap shares they’ve bought today because they understand the size of the market.