The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Why don’t we announce start of production for one of our biggest ever contract wins ?!
Loads of AIM companies announce any relevant news updates ! Is this not worthy of one ?
Should be a big announcement saying first ever cars starting production with ‘rear view mirror driver monitoring technology’ by Seeing Machines.
Marketing Dept please wake up, this is the least you can do. PMG already highlighted this in his interview so let’s big up our success !
Let’s see how they do , will they try & put out a contract win tomorrow or Wednesday to shift attention from results ?!
Ok so it happend in Feb 2022 when they announced the air ambulance deal after trading update & before results so can happen.
What are the chances of getting any contract news before March results. The update we had will no doubt be what will be announced so what else can we expect before then ?
Explore New Interface and Safety Technologies
15th Feb 2024
He explained that a need exists for more objective data on crew alertness so operators and flight crews can make better decisions about stage lengths, crew pairings, or even whether it’s safe to fly a repositioning flight after a long charter leg. Flight deck sensors would be similar to those found in high-end cars, which offer a way to detect and classify drowsiness and alertness.
Full report worth a read;
https://www.ainonline.com/aviation-news/aerospace/2024-02-15/avionics-manufacturers-explore-new-interface-and-safety
Thanks Phil
This is very confusing! It states seeing machines but no one in our company is present in the video & no mention of seeing machines in any of the blurb.
Am I missing something here ?
These are genuine questions seeing-2020
Feel like we have given management more than a fair crack at the whip ! I would understand if management are not buying if there is a big deal to be announced but if not why are they not loading up at 5p ?
We need news, this share price is becoming a joke !
Over a year has gone by with a constant value destruction of the share price. Yes I know some may not be all the companies fault but feel we can do much better !
1. Management buy more shares if you believe in the company’s prospects? Martin, PMG & others all bought at higher levels so why not buy more at 5p ?
2. BMW launch - please speak to them about permission to announce our huge partnership win integrating DMS into their car models. How did SmartEye get permission, they have stated numerous times & very publicly! Don’t be scared, it’s good to brag & align ourselves with amazing partners, isn’t it ?
3. Collins deal .. yes it’s in the mix & working on integrating our tech but surely we can state how many RFQs we have & timeline/value of contracts ?
4. Marketing is frankly average at best! Seen one announcement on LinkedIn, no photos of people attending our stand or demos being made at Geotab, 10 staff members & no one knows what they are doing ! If they are busy selling then I expect contract wins next week if not then a waste of money !
5. Are we trying to be the most secretive company on AIM, never known a company so caught up in trying to stay under the radar, you think we are dealing with high tech weapons with all the hidden non disclosure deals we do.
SEE .., just frikin let loose for gods sake & showcase our partners BMW , VW Magna Fisker etc ! Name them & you will see the share price rise in a heartbeat & will get investors on board !
It’s a start but we need more exposure! Every staff member should be telling all their LinkedIn partners to come & visit ! Try our latest product ?
I just hope they are getting some contracts completed, 10 staff in Vegas is not cheap, they need to earn their keep.
Click link to see video - this is new & very good promo video ! SEE … should be tagged or co promoting, grrrrr !
https://www.linkedin.com/posts/magna-international_magnainnovation-drivesafe-safetyinnovation-ugcPost-7163955340068212737-jTI4?utm_source=share&utm_medium=member_ios
Magna’s Impaired Driving Prevention Technology combines our advanced driver facing cameras with a non-dispersive infrared ethanol sensor developed by our industry partner into a single safety system. The combined system supports a robust determination of a driver’s fitness to perform the driving task, including an assessment of their breath alcohol concentration, with the goal of reversing impaired driving trends.
#MagnaInnovation #DriveSafe #SafetyInnovation #DriveSmart #DriveResponsibly #SafetyTech #AutomotiveTech
Joner- they have the perfect opportunity to take photos of the stand we are at, photos of the next gen 3 DMS, video some footage or demos ! You would think they would have learnt from Magna on how to promote themselves !
Rather than investing in new PhD students maybe they should invest in their marketing dept & spread the word !
We are in Bluecruise - hardly mentioned even though Ford spouts out about it being first hands free in Uk ?
We are in supercruise- never gets mentioned
We will be in BMW & VW - never mentioned
Bonkers that a company that spend 10’s of thousands to go to Las Vegas with a team of 10 staff can not showcase our superior technology to the world ! Baffling beyond belief
Terry can you take over from the marketing team ?!
Who is actually in charge ? Is it worth an email stating the obvious or not, feel we miss opportunity after opportunity to promote ourselves.
We have 10 SEE staff attending & not even one post on LinkedIn promoting the company or the stand we are setting up !
Marketing Dept wake up why spend all that money & not promote the heck out of the event!
I’ve seen SmartEye who are not even presenting post more than we have !
Ultra Cruise is dead. But starting this quarter, General Motors will begin quarterly updates to the maps for the hands-free Super Cruise driver assist system. They'll be adding about 40,000 miles of new roads each quarter through 2025 until they get to over 750,000 miles of roads.
I still feel that supervised partially automated systems like this are problematic, but GM has done it better than any other system I've tried to date with geofencing, solid driver monitoring and features like predictive speed control from day one in 2017. According to GM, in 160M of hands-free driving, there has never been a crash attributed to the system. Let's hope that pattern continues. Guidehouse ES&I #adas
https://lnkd.in/gPj6NN9u
SEE have a big team showcasing GEN3 at Geotab !
Will we finally get a decent contract win ?
C’mon SEE let’s close some deals at Geotab 🤞
I can’t see how we are involved in this ..is it just saying seeing machines as general term for AI ?
Hands-free highway driving with Ford BlueCruise takes the work out of driving - not the fun! For me, it always makes driving less stressful and more enjoyable, whether I’m driving my kids to soccer tournaments on the weekends (which we do a lot of!) or as part of my daily commute. This is what makes it the perfect complement to the new 2025 #fordexplorer.
https://www.linkedin.com/posts/ashleylambrix_refreshed-ford-explorer-aims-at-millennials-activity-7162838295847137280-D56S?utm_source=share&utm_medium=member_desktop
Peel Hunt: Seeing Machines should break even
Artificial intelligence (AI) technology group Seeing Machines (SEE) is on track to break even in 2025, according to Peel Hunt.
Analyst Oliver Tipping reiterated his ‘buy’ recommendation and 12p target price on the driving monitoring specialist, which closed the week down 5.6% at 5p despite reporting an average first-half 2024 cash burn of $2.3m, down 23% versus the full-year 2023 exit rate.
‘The first half 2024 exit rate is likely to be lower still, keeping Seeing Machines on track to break even in full-year 2025,’ said Tipping.
‘Second-half 2024 working capital inflows of $5m give over 18 months of cash runway, even assuming a very conservative $1.5m a month cash burn rate.’
He said that management delivered a ‘heavier weighting in aftermarket last year and has better visibility over automobile contracts’.
‘Full-year 2024 is still expected to be in line with management’s expectations, and Seeing Machines remains on track to reach a breakeven run rate in full-year 202,’ Tipping said.
‘We believe management’s track record of delivering on a second half weighting stands in its favour, and expect it to do this again in full-year 2024.’