The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Whatif, Nail on head - the DMS feeds signals to the other systems, which in this instance it clearly didn't.
Now it could be that the driver did have his attention on the road but the scooter rider came from another direction similar to what Terry was suggesting, in which case it goes to show that DMS won't stop all stupidity, only some stupidity.
Like I say, it could be that it didn't have DMS, which goes back to my first post, I thought that the inference on this board was that we are in Waymo, even though it may not have been announced.
Anyway, I'll let it rest now before anyone dares to suggest that I'm de-ramping, which with my holding, I most certainly are not!!!!
I appreciate that Terry and have come across the same. I'm a little perturbed though that the DMS (if indeed they have any) was switched on or not. If they do have it, was it being used? If not, why not? All very strange.
I often tend to play devils advocate, not out of being mischievous, but to show two sides to an argument where there is another side. Therefore my concern is to the paragraphs from Colin's piece in relation to the scooter accident in San Fran: -
'San Franciscans’ worries probably weren’t soothed when a Waymo test vehicle then promptly collided with a pedestrian riding a scooter. In a statement, Waymo said: “The autonomous specialist had recently disengaged the vehicle from autonomous mode and was driving in manual mode when the vehicle entered the intersection and made the left turn. After turning, and while still in manual mode, the vehicle came into contact with an individual on a motorized scooter.”
Pause and consider that every Waymo test vehicle is outfitted with more sensors and processors than nearly all privately-owned passenger vehicles, and yet when operating in manual (human driven) mode the collision avoidance technology was insufficient to even prevent a collision with a scooter.'
Maybe I've been reading things incorrectly, but the inference on this board is that we may be in Waymo cars, if this is the case, surely the accident should not have happened?
I appreciate that the DMS tends to be working when the collision monitoring system is switched on, but shouldn't DMS be switched on at all times?
Probably me just thinking along the wrong line, but sometimes reports like this can make you take a step back and think.
Everything is looking so positive now. I'm not even concerned if one or two OEM's go elsewhere for their DMS because at the end of the day, SEE look to be able to sweep up the vast majority of the DMS / OMS market with the Tier 1's that they have already.
It is going to take SEYE / Affectiva a long time to get their dual act together, in the meantime SEE will have hosed up the market and made sure that it becomes sticky.
Onwards and upwards.
It's coming home - the flying car tests beautifully.
https://www.bbc.co.uk/news/technology-57651843
Does anyone with knowledge of the Magna DMS mirror product know whether the system has the ability to video the driver and send 'events' back to the Tuscon tracking centre? The reason for asking is that if the Magna is an ideal solution for DMS as a production install, if it doesn't video then SEE will lose some valuable data input, and would have to rely solely on their post-production Guardian product for the data to continue. Not bad in itself, but it would be great to add production lorry data into post-production data - win win.
Even with two great RNS announcements a couple of weeks ago it just goes to show that our tech is not recognised in the wider market. I honestly now believe that even with a great trading update in August, SEE still won't get the recognition.
However, once the company hits a profit which my guestimation will be 2023, then things will start to happen. So volatility over the next couple of years still.
Still a fantastic company with life saving technology.
Have I got the picture Sandy? Yes, many years ago. All we need now is the market, large Institutional investors and retail investors to see the picture.
As before, my timeline is 2023 to 2026 for mega riches, if we haven't been bought out by then. DYOR.
Mickey. Interesting question and one that has been answered many times over the years whilst we have all awaited the time when the market will wake up to this technology and the transport (and other) markets that it has its many fingers in.
Like Terry, i started at about 3p, averaged up to 12.5p, then averaged back down to about 1.9p, now averaging back up again with my last buy at 10.1p, like Terry again, my average is about 4.5p-5p.
At one stage I was 50% down on my investment, it's wasn't comfortable at the time, but because I knew where SEE was going I was not going to sell-up as the rewards IMVHO are immense.
DR777 is correct, read this BB for as far as you can, certainly for the last 3-4 years. Ignore the de-rampers as they can be toxic and haven't contributed to any research whatsover. The research on this board is second to none, I won't name names (Terry, S2020, Lewbo, JC, TLS Esc, and countless others - okay, i did name a few of them!), but the research by these are intense.
My main concern though is if you are thinking you are going to make a quick buck, I would definitely think again, this is a waiting game, however I would say that apart from missing out buying last year (up 273% over the year), you are now in at the time when news flow should accelerate with hopefully a resulting happy SP rise. The main reason I see the price falling marginally is that there are now more II's trying to buy shares but want to de-risk their investment by not wanting to go above 10p if they can help it.
You should do well in time, my own timeline is 2023-2026, so still more ups and downs on the way.
Enjoy the ride.