Member Info for terrym

semiret

Yes check my posts ive written a bit on it. I guessed cash $35-38 mil at 30th June, i think Cenkos was $32 ish. Mine was based on fag packet calculations of normal fleet sales less 2/3rds for Covid disruption + Govt help.

That last 6 months was only cashburn of $8 mil approx compared to $17 mil of previous 6 months.

The great thing is SEE done its own cost cutting til Sept 2020. Aus Govt has extended on reduced level its help. Add all together and it helps massively. So this half year we have 3 months of SEE cost cuts, Govt help for the entirety.

2nd half we have any SEE cost cuts plus 3 months of some Govt help.

Once you have all the bits of info to me it looks like cashburn could be $8-10 mil for 6 months to Dec 31st.

Fleet seems to be ok atm, Whatif /Jimbo the Fleet gurus had July/Aug as 2000 but could of been 3600 on his data?

Add in some Sops & any license deals upto 31st Dec it could be even better than my estimates of $28-30 mil at 31st Dec.

But i wouldnt be surprised to see around $20 mil at 30th June 2021 & way more if more models SOP & any licensing deals with upfront payments come in.

If Fleet hits 500-1000 per month then once again more upside :)

Mutant

Its one of the reporters originally copy pasted various & put together a story then gets shared and then edited by others. The trail was cleared up except 1 left it seems.

The other story should be corrected in 24hrs i believe.

Thats untrue with the military. That article should be updated as using sources that were incorrect. I had a saga with it recently.

Now another writer has used it in his article.

Once they put the right Airforce in it it will be ok....

While truck drivers were not always at fault in these crashes, driver behavior certainly plays a role. Behaviors such as speeding and tailgating often contribute to crashes, or to a driver’s ability to avoid a crash even when he/she isn’t responsible for the pre-crash event.

To help reduce the odds for crashes, many fleets are monitoring and modifying driver behavior through telematics.

Thanks to the electronic logging device mandate, most U.S. heavy-duty fleets already have the ability to collect the data they need to monitor and modify driver behavior. At a minimum, fleets should collect data on:

Speeding incidents
Harsh acceleration and braking incidents
Corner handling incidents
Crashes

https://advancedfleetmanagementconsulting.com/eng/2020/09/09/driver-behavior/

MissTech

I think with all the exposure we been getting in shares pages that this is seriously under valued.

As Seeing2020 said our SP is probably worth less than fleet atm on its own. At some point the market might realise that theres millions of cars coming with our tech in. And thats before we start getting it in planes, computers, computer games & the like.

Sport

I even chuckled to myself & wrote that on the post lol

Jimbo

Elon ordered that one for himself as heard it was alot safer than the ones he sells :)

https://dreamahead.com/countdown

25 mins so see what it’s all about?

The time is ripe to go live with the car now, according to Derek Jenkins, vice president of design at Lucid Motors. He told Yahoo Finance UK that “not launching and just hanging back is just not an option,” as they have been building up to this point for nearly five years and the auto industry is changing rapidly.

“It is a race of technology, a race to engage with customers and a push towards electrification, and we want to stay on the forefront of that,” Jenkins added.

https://uk.finance.yahoo.com/news/lucid-motors-ready-to-raise-the-bar-with-its-first-electric-car-the-lucid-air-050041154.html

Now, with only hours separating us from the model's official launch, we learn a little about its pricing (via Bloomberg), and you'll be glad to know the Air remains just as competitive in this area as in all others. The Air is said to start at under $80,000, which just happens to be the lowest price you can pay for a Model S. At the other end of the scale, however, the Dream version of the Air will set you back $169,000, which is a lot more than what a Model S Performance goes for (~$100,000).

https://www.autoevolution.com/news/lucid-air-to-start-at-80k-double-for-top-version-official-reveal-later-today-148462.html

The global market for advanced driver assistance systems (ADAS) is expected to reach more than $67 billion by 2025, growing more than 10% each year, though automotive sensor growth has been slowed by COVID-19.

The radar sensor market is in a period of rapid technological innovation, according to data from Research and Markets. However, development for these innovations is witnessing a decline in growth due to major automotive manufacturing plants halting production earlier in the year as a result of COVID-19. New opportunities for radar technology are still emerging and being developed, including vital-sign driver monitoring systems, chassis-to-ground monitoring, and hands-free trunk opening

shallwe
Green blobs are the future for sure.
At 2p was going to 1p
At 3p was going to 2p
At 4p is going to 3p no doubt?

I know more about Sheila, SEEs cleaner who comes in on a Saturday for 4 hours than they do on the whole Company so thats why they morphed into green blobs :)

Must be strange living life as a green blob i guess lol

Morg

What a price to get in at though when you know whats coming!! As always for us long termers patience.

David
1st Jan was $46 ish from memory so only $8 mil ish used for 6 months. Add on Aussie govt help for the next 6 months or so and the SEE cost cutting til sept 2020 & then add the fleet and even SOP we could be looking $18/20 mil July 2021 bank balance.

Stifel said they thought might be one but they also were nearly $4 million under what was in the bank. That was over 10% wrong so I would say if can be out on the bank then maybe not had a chance for a proper meeting with Covid and all that.

Do the maths and a fundraise is no way needed.

Just need Paul to say it for the 4th time so people understand.

Morg
Reverse phycology maybe? Didn’t go to £1 being positive so try being negative? Everyone on here been positive last 2 days, every write up I’ve read from shares sites been positive. Market showed positive. All the SEE staff seem positive & excited.

No financial details but be another RNS soon with some.

He’s a nice guy might be having a bad day as we all do. Under 2p when disheartened I would read all the old posts from safestocks to perk me up, knowing I wasn’t mad or a dreamer.

Can’t please all the people all the time I guess. Will wait for some finances in the near future and see a far more positive write up Iam sure.

I thought after today's announcement i better update why i thought its still too cheap on Monday......Add on No16 now and fleet

Undervalued is an understatement. 12 months ago where where we?

SP 4.7p

So whats happened since then? Lets look at some of the highlights.

1. Approx 8,000 more fleet installs with $20,000,000 hardware & install charges & $6.24 million Annual monitoring fees.
( maybe more now? after jimbos figures from last 2 months)
2. Alaska airways deal
3. Fleet deal Bison
4. European Council Adopts Regulation to Enhance Safety
5. US National Transportation Safety Board Recommends Driver Monitoring
6. FOVIO Chip optimized for NCAP readiness
7. Seeing Machines Joins Forces with Qualcomm to Deliver DMS Technology
8. Appointment of joint broker
9. Automotive License Deal - US$5m pre-production fee to be received
10. US set to mandate DMS from 2024
11. Seeing Machines Announces Next Gen Embedded Product Strategy for Automotive DMS Market
12. Veoneer & Qualcomm Join forces
13. Launch of Mustang with 400,000 pre orders so far
14. Launch of Bronco & Ford F-150
15. Launch S Class Merc
16. Seeing Machines signs MOU with leading Semiconductor Company

What if

I hope your data method comes out similar to Jimbo & gives us a balanced view on the likelihood of how good fleet becoming....?

Jimbo

Great thats great. You never know after 4 out 6 months Covid affected it could be catching up with installs?

Give it 2 more months and will level out i guess. But it could be 2000-3600 in those 2 months.

Woop woop thats ok still. 1000 month is still 12,000 in the year

Install & hardware of 12,000 is

A$30 Million ( less costs & commissions etc)
A$9,360,000 Monitoring PA ( less costs & commissions)

Lets hope if sell up they leave the Fleet as a separate Company :)

David

Must be under NDAs still. We probably on a few but Shhhhh dont tel anyone ;)

https://www.oculus.com/ Baron they owned by facebook, lots eye related industries use similar names.

Foveated usually comes with rendering that ive researched alot as gets better with eye tracking