Member Info for Smokey2

Just keeping it real.... 60p? lol

I hope you get that RNS on the 25th S2020 otherwise this will tank.

Fleet has missed its target by a country mile.

NM.... this time next year Rodders

Standard.......for the last 7 years.....

I often wonder what the f**k people at SEE do all day......

Can't even ensure fleet figures are updated each day on their website.

Maybe they're hoping no one notices.... Like with the total lack of progress on fleet number installs over the last 6 months.

Do people see the recent news of VW/Ford partnering up good for SEE?

VW also announced it has invested 2.6billion in autonomous self start-up ARGO.

I wonder if ARGO do DMS as well as SEE?

I tried to google Seeing machines and ARGO but got the usual sewing machines in argos.

Standard!

May be worth looking at SHED. They are into last mile warehouses for sales of goods over the web.

They've had a recent fundraise and currently look to be breaking out with some good volume.

I haven't bought any, just popped up recently on my radar.

They pay a divi, not like these shysters.

Come on SEE. Sort it out! I thought you were running mission critical safety gear.....

Fleet figure website updates been offline for abut a week now.

Doesn't anyone at SEE ever notice?

obviously not......

PM has no conception of time, i don't believe a word he says anymore.

imminent, very close... whatever BS words come out of his mouth the facts remain its been over a year since he first mentioned aviation and it swings regularly from imminent to very long lead times to very close, to not happening anytime soon.....back and forth ad infinitum.

I hope anyone buying here has got a very long term outlook and don't mind seeing the share price fall 30% after they buy in.

If SEE's yesterday RNS reported revenue will be screwed for 18 months that implies there is little expectation of substantial new cash generating contract announcements over this term.

Fleet... well that looks to be heading for 22k installs or thereabouts come July 1st 2020 - a major missed target and reduced revenue stream.

I hope the price holds up for all holders, but without contract news and dare i mention it some PROFIT being made, yearly losses of 40 million or so will cause this to drift further downwards right towards another imminent fundraise.

I bet my 'imminent' is truer to the definition than SEEs.

He should take a pay cut, he's done sweet fa the last year.

fonzoo

Out of interest why is it offensive?

The market seems to agree with the negativity.

A month or so ago we were told that revenue was badly affected but it would recover in a few months.

What has happened for that guidance to be extended now to 18months?

Are they talking about fleet or auto badly affected for this time?

I've given this outfit 7 years to monetise this tech and they have failed each year.

The only thing they HAVE achieved each year is another fundraise which has diluted my holding.

The cost of sales for this outfit is through the roof. It's over staffed and under achieved.

It needs a shake up and for someone competent to take it forward.

You should be grateful for the info PM44.

If it wasn't for critical posters I doubt much would get done at SEE.

I doubt there would've been admission of fleet adversely impacted, or cost cutting for that matter...

Critical posters are needed to keep this outfit under control.

Lombard feel the same!

Meanwhile, we have NED's getting paid shed loads for FA. Less fleet than we had last year, less revenue forecasted.

and you want to put a positive spin on that.

Then see it ebb away another 30%. Then see it further diluted with this year's fundraise......

You know.... like what's happened to all long term holders here and will most likely happen again and again.

Rinse and repeat....

I feel a duty to potential new shareholders....

Stop them sinking their hard earned into this jam tomorrow dog **** share.

Carry on watching only fools and horses Terry.

This time next year eh...

standard here...

Bold move for tough times..?

Really? They did the bare minimum.... no cost cutting in real terms....

Let me guess, people are here to drive the price down to get a good entry price in this dog of a share?

Priceless!

To me this is saying SEE doesn't expect any other revenue source to fill that 13 million shortfall either during this year or 2021.

Personally, i think a 25% forecast reduction in revenue is looking on the bright side of things.