Member Info for ShortWhacker

It is definitely time to find some other applications for Seeing Machines tech. A few aircraft simulators training a few pilots, one air ambulance contract worldwide, one excavator manufacturer and laggibg the opposition in automotive isn't good enough.

There is no chance on the current growth trajectory that Seeing Machines will ever be the market leader in any of their markets.

How can the 40% automotive market share be achieved?

Take a look at what the opposition are doing.

Only more bad news for Ford, GM and Stellantis today.

More workers furloughed and no reports of any progress in the negotiations.

The UAW slow and steady approach will eventually shut down too many plants to maintain viable operations across the BIG 3 IMO.

This has been confirmed by the Ford CEO who said FORD faces bankruptcy.

What are these new markets?

We know all about the existing ones, there have been at least two huge markets over the last 5 years that SEE now have no chance of winning any share of. Neither involved any kind of transport.

Can anyone explain why Seeing Machines are not chasing many different markets?

There are so many different applications for this technology and the company has never pursued any others except the ones currently being fought over. Why limit the possibilities?

These are questions for the AGM.

The 2023 production figures will IMO show TESLA and BYD have increased production. We shall see.

The 40% market share in automotive predicted by SEE looks unlikely to me and ought to be corrected in the upcoming results. I mean unlikely for all time, not just over the coming year or two.

Time will tell.

Libellous, OK, you really do win the amusement prize. Libellous?

There is no way ALL new vehicles will be mandated to have DMS fitted and you know it.

So, the summary, the top 2 largest EV makers do not use SEE tech.

Check out the recent articles about BYD who are not in anyway connected with Seeing Machines.

''Chinese EV maker BYD surpasses TESLA to become the World's largest manufacturer'', 350,000 EVs imported into Europe during the first half of 2023. TESLA, also do not use See tech.

That news does not bode well for Seeing Machines prediction they will win 40% of the automotive sector.

Not even Horzabora could spin this into a positive for Seeing Machines.

It will be a miracle if no models with SEE tech are affected. Or evidence that SEE DMS is in very few models.

The parts distribution strikes are the perfect strategy for creating chaos. Any of the production lines across all of the BIG 3 plants could be halted at very short notice because one or more parts are unavailable.

This situation could easily persist until the 2024 US election. Point out the good news in that and win a wheel nut.

Still nothing but bad news for GM, Ford and Stellantis as we move into DAY 18 of the strikes.

It looks like the parts distribution sites are permanantly picketed and the STAND UP strikes are rotating week on week.

This strategy could see the strikes go on beyond the 2024 US election into 2025.

So, any assembly plant at any of the 3 manufacturers could close at any time. It will become increasingly difficult to get vehicles serviced causing further chaos. This is looking increasingly bad for the BIG 3 ands will have an increasing affect on US GDP going forward.

Wake up and find some new applications for SEE tech, it is not difficult.

What percentage of worldwide production is that?

How many competitors are chasing the contracts?

Surely you don't need any more help working this out, 40% market share is so unlikely to be achieved I think it would have been wise not to make that prediction.

For the OBVIOUS REASONS.

I will go with the announcements the company make through RNS as that information is price sensitive.

Terrym posts loads of EV ads, Ford and GM ads are common, haven't seen anything from anyone on here about best selling vehicles?

Ford, GM and Stellantis have some serious problems which don't look like they are going to be able to solve anytime soon. That leaves a couple other manufacturers and not many high volume vehicles.

40% market share was fantasy before the UAW strikes.

Time to look for other applications, mobile catering vans would be a great opportunity. One DMS for the driver and some machine operator monitors for the catering staff. Good start.

How many of the top 10 selling vehicles will SEE tech be in? Logically 5 of them or more to achieve 40% market share.

40% market share is dreaming, get real.

Will that include the Tesla contract? How many Chinese EVs dou you think SEE tech will be in?

Horzabora, it is dreaming, 40% market share is so unlikely I think it would have been better to not have made that prediction. There are too many competitors in a market that is unlikely to grow as big as most here hope for.

More to the point, when will 40% of the total worldwide vehicle production include DMS? That will be a good milestone to watch out for.

Then logically, Seeing Machines will need 100% of that to gain their 40% share.

Seeing Machines have predicted they will win a 40% share of the global automotive market.

What is the percentage increase required exponentially to achieve that?

Will this prediction be revised in the next results?

Great bit of ramping but 1 million vehicles on the road isn't enough. $321 Million lifetime value of all contracts awarded so far needs to grow significantly or the company is somewhat under-performing.

I see you mention the 1 (one) air ambulance contract. Why only one? One worldwide?

Where are the aviation contracts?

Why so few updates from the company?

If you look at the Smart Eye (SEYE) contract wins, easy to find for anyone that bothers to look. Seeing Machines have some catching up to do so another reason to rattle the BOD into action.

Get some more contracts signed.

If you read any of the articles on why Henry used to pay Ford workers so well you will find no mention of DMS.

How is it that posters on this forum can be so deluded as to spin any point into a positive?

Let me try that theory, here goes -

The Ford CEO recently said that the UAW strikes threaten the company with bankruptcy. So, apply the bull case spin and wave the positive wand and this means that production will continue as normal and Seeing Machines shareholders have only good things coming.

Wake up, rattle the BOD to find more applications for SEE tech before it is too late.