RE: Something and Nothing11 Oct 2018 19:59
AGM
The fundamentals of SEE not changed, i believe will be in more than 70% of cars that have safety tech installed. On top of no news that PIs like weve had a Worldwide wobble. My Investment manager friend wrote this....
Earlier than otherwise might have been but in view of the US wobble yesterday, I thought I had best send some thoughts. This was the third worst day for the Dow Jones in points’ terms though that doesn’t really mean anything very much. The higher the starting number, the easier it is to lose more points – it is percentages which count and this wasn’t big in historic terms, even if it wiped-off $172billion from the five hottest Tech stocks. For the Tech-heavy Nasdaq, it fell 4% (8% so far in October) and the most in one day since 2016.
We all know the UK catches a cold when the US sneezes. If you cant except ups/downs dont gamble on shares is my advice to those.
As i was writing this my news feed popped up with a lorry crashing this afternoon
https://www.bbc.co.uk/news/uk-england-berkshire-45827100
James Lloyd, who passed the scene shortly after the crash, said a large articulated lorry had gone into the back of a minibus.
The force of the impact had shunted the minibus about 100 yards along the carriageway, he added.
Without jumping to conclusions and it may be something different but to not see a minibus? Distracted driver? Heart attack or whatever it will be SEE tech thats fitted in all vehicles in the Years to come to make the roads safer. As one Country makes it law, others will follow.
As manufacturers agree suppliers their competitors will be wanting the same in their vehicles. Maybe the authorities will only allow approved Tech to be installed, who knows. What we do know is SEE are cutting edge, leaders in their field, the best.
Not only the best in the Country of Origin but the Best on the planet. Thats a lot of cars, trucks, buses, trains and planes that in the next 2 years or so will be installing SEE tech into their vehicles.
We all know SEE are not the best at PR & IR but they are bloody good at creating Tech that will save lives and the biggest manufacturers in the World will want it. Contract wins show it already with the biggest brands signing up and many more to come. Deals already signed no doubt even but under NDAs cant shout about it until the times right.
Once its in millions of cars we can all stand there gloating...The money will come thick and fast in time and we can all say...
I own a bit of that :)