Member Info for Smokey2

Glad to see PM managed to move payment forward.

That should help with costs atm.

Latest graph showing fleet figures.

https://ibb.co/f1sqqf2

Scott Morrison needs to do more to help small businesses during this C.V catastrophe by offering unconditional support for them and their employees during the 6 months of imposed lockdowns.

Not by making them prove their turnover will be reduced by more than 30 per cent relative to a comparable period a year ago (of at least a month) before they receive any financial support.

Shame on you S.M.

I hope it continues rising Morgank.

To me it looks like indecision between MMs with some renewed interest from PIs.

Hopefully a nice stable bottom can occur at or around these levels.

Nice rise seen today. About time.

I doubt hes bought any.

He needs to slap on the factor 50...all that sunning himself and Castlemaine **** gonna turn him into a lobster.

I hope you are right bogyo.

Yes, it has tremendous potential. Unfortunately potential doesn't translate into the share price during market downturns.

It has also had this potential for 7 years or more with no progress. Are we now looking at another 7 years to see that rainbow? When???

I am not intending to annoy anyone PM44, I am posting my opinion on this stock, simple...

Please direct your annoyances at those who caused this mess...... Paul McGlone with his empty promises.

Remember a lot of investors sunk their money into SEE on the promise of an imminent life changing Aviation deal in 2019.

Well that was a year ago now. That aviation deal has not materialised and now has been changed to a 'significant lead time'.

Does that new lead time mean 2 or 3 years? Who really cares? There's enough ambiguity to keep the investors on the hook.....

I always worry when any AIM share becomes a back of the drawer stock.

In my experience that generally means a stock that ends up virtually worthless.....

Sorry DR777

i'm frustrated at SEE's lack of progress. I'm frustrated at the lack of info and wildly varying lead times on contracts. From imminent to a year then to a significant lead time.....What has changed? Does anyone know? Why aren't we told?

For the fact they burn though 20 million pounds every year and fundraise with placings every year, i see very little progress.

Over the last 5 years, SEE would have been better off sinking the 100 million pounds into founding a freight company that would actually want to buy their DMS.

I don't much care for pats on the back from the rose tinted glasses brigade.

There was I thinking this was a public board where anyone could comment DR777.

Personally I don't care whether you appreciate my input or not... If it has saved one investor from sinking their hard earned into SEE and watching it turn to nothing it has been worth it.

As i've been invested here for 7 years i feel i can comment rather well on the company's lack of progress.

LOADSA MONEYYYYYY! - NOT!

isn't a good investment decision based on ALL facts? Good and bad PP?

If you don't like hearing the negatives, stop reading SEE RNSs and my posts. Apparently there is a filter button...

But whether you filter the negatives or not it won't stop SEE drifting downwards.

Current fleet figures look terrible. This week's install numbers are back at November 2019 levels.

They are all short term yes, but how short term before things normalise is anyone's guess. 3 months, 6 months, 18 months? Who knows...?

Meanwhile, SEE's money could run out towards the end of this year. This means the possibility of another dilutive fundraise.

With such uncertainty, like theCFB said, there are much more attractive alternatives to a jam tomorrow stock...

I'd like to think that no-one bases their investment decisions on the advice of british bulls website, but yesterday's recommendation to short SEE won't have helped either.

PM44

It may be a 300% discount to it's previous high but it was only that price as the aviation license, better fleet numbers, OEM announcements, large demand for our product etc were priced into it.

Now w.r.t Aviation we've now been told any sales will have a very long lead time. Regarding cars, OEM companies are changing to manufacture face masks, not concentrating on making cars presently.

We've also been told fleet has been impacted by the corona virus and is unlikely to achieve it's 2020 targets.

We've been told we only have enough guardian units to get us to the lower estimate of fleet's 1/7/2020 target anyway and after that, although production has started again, we don't know how many units we can actually get...

So that is most likely why it is a 300% discount to this year's recent high and still there are not many buys.

Oh yeah, we also burn through money like its being supplied by Trump's latest stimulus package.

From their latest Half year results : - £6.7M/yr

"Annualised Recurring Revenue (ARR), including royalties, of A$13.2m as at 31 December 2019 (FY 2019: A$12m)"

I'm thinking "Annualised Recurring Revenue" must refer to fleet as we currently have no other income stream.

Aussie ASX down 5% too. The next two weeks will get even worse.

Glad you are back safe sw but i wish the UK would stop letting flights come in from Italy, Spain, China and the rest of the world.

DR777,

I haven't bought back in, i can't speak for S7 though. Calling the bottom at this point in time is imo wishful thinking.

It was nice seeing that little rise last week, but I don't regard it as backed by anything of substance so will be short lived.

I can't quite understand why anyone is buying stocks at the moment. We are about to go into a forced lockdown with the government having to support financially the entire economy. This is the case for the entire world.

Those who think this downturn is a flash in the pan and everything will be back to normal very soon are greatly disillusioned and will be sorely dissapointed. A recovery when it happens will be a long U shaped one, not V shaped.

Sorry for the D&G first thing Monday.

Good to see some optimism here and a nice rise in SP.

The next two weeks are going to need as much optimism as people can muster as we will see health services around the world fail to cope.

Sad times. I hope everyone and their loved ones stay safe.

If it was of monetary value it would need to be released via a regulatory new item not a press release.

Released imo to prop up a flagging share price.