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https://www.prnewswire.com/news-releases/chinas-byd-selects-qualcomm-automotive-solutions-to-help-drive-immersive-connected-and-intelligent-in-vehicle-experiences-300579277.html Looks like BYD for SEYE today
We all know that installing these is the big issue, can't remember where have read it but think was between 6-12 months or so from shipping. Hopefully, Gen2 helps here and with 20,500 of the 48,000 already with the customer today/shortly am not too worried we can assume these to be safe for FY Jun-19. That leaves 18,000 for the rest of the year
But agree about your view on the RNS, keen to see a real update about fleet. The thing that gives me some comfort is the 11m shares for Paul, you wouldn't point this out so much if fleet is looking to miss targets. Also how about Nick his allocation? Unless something big is happening with Auto and they want to make sure Paul benefits properly from this too. Who knows, for me results/projections beginning of August will be key
Here is the math from broker notes
1) 17,000 gen1 units produced (Cenkos note)
2) 13,000 gen2 produced and all sold and shipped in the coming weeks. (Cenkos note and KK interview)
There is a clear delay in shipping and installing but with these numbers I feel good about our target this year
http://www.nortonrosefulbright.com/files/takeovers-in-australia-2016-143362.pdf Helpful on the rules, in general 10% should be ok unless scheme of arrangement but then management needs to be on their side and blocking stake becomes 25%
http://news.cision.com/autoliv/r/breakthrough-recognition-for-veoneer-s-liv-research-platform,c2551857
http://www.acea.be/press-releases/article/broad-road-safety-coalition-commits-to-work-towards-zero-traffic-fatalities Lets see what it actually means in the end
https://twitter.com/petercampbell1/status/1006448303175880704?s=21 Interesting comments from Daimler
On a more serious note though, pipeline going down from 250 to 200 isn’t great. Miscommunication I hope but common sense would say that if you won a big contract you would see a RNS or announce TCV instead of a pipeline. Let’s see, in the end hopefully just “noise”
As someone else mentioned here before if they raise more funds will celebrate as they will ride this out independently. Also been spending some time on the numbers, next year 95% of automotive revenues coming from equipment rental (let’s assume broker got that right) which means with all the upfront payments we should be in a decent cash position even if fleet underperforms a bit. First signal I see that fleet is on the move I open a bottl(s)!
Their problems won’t stop with SEE tech, they produce very few cars per year, might not even exist in 2 years and SEE might be mentioned in every bad press they continue to get. Little upside loads of downside imo
No hands on steering wheel in the last 6 seconds before the crash, and autopilot increased speed just before the crash https://www.ntsb.gov/investigations/AccidentReports/Pages/HWY18FH011-preliminary.aspx Hope we are not going to work with Tesla, with the media attention it gets feels there is only downside