RE: Semicast14 Sep 2018 23:58
Shall we I think you are probably closer to the real price but we are in the space race of the 1960s in autonomous driving 1st place. No one remembers the 2nd man on the moon do they. From a business angle the companies chasing the gold medal have big egos and deeper pockets, so might be prepared to pay big to be in the que on a limited number of initial units to get the tech 1st to help them achieve their goal. Could someone like Apple have knocked on the door and due to limited resources this has taken over due to the rewards on offer. Was V2 put on hold to get BDMS sorted? After all supplying a GM, Apple or Uber with tech will get you much more media exposure than mr Jones’s meat trucks.
Was reading this recently.. interesting the tech costs more than the car he says!
The race really is on. And it seems Lauckner was right when he told The Register this morning that GM and Waymo were way out in front of the rest of the industry. Lagging behind: Uber, Tesla, and a raft of other companies all desperate to get in on the multi-billion-dollar market.
Of course, it's not quite as simple as that. For starters, the autonomous cars that GM and Waymo are talking about are taxis. Car owned and run by them for ride sharing. Don't expect to be able to buy one of these vehicles for several years – and that's because they would be prohibitively expensive.
"The autonomous system costs more than the vehicle itself," Lauckner told us with a laugh. But over time and with scale, he has no doubt that the cost will dramatically fall, bringing the technology within reach of the market.
Didn’t I see a new company in charge of IR and PR somewhere? Hopefully taken over from the old RNS writer and will produce a more thoughtful and market friendly release on results day. If brokers saying auto worth 12p and fleet 7p before a few big wins then what’s a realistic value after ford, BMW and Co on Auto and with the likes of an Apple on BDMS then where does that take fleet and others in that umbrella under fleet.
So after more than 4 yrs buying SEE with any spare cash from 3p to 13p with a bit of news next week with the odd name drop of Apple and Toyota etc where could this be on Thurs or Friday next week? 15,20,25p? As I mentioned after the rns on data everything happens for a reason and that data could be worth a $billion on its own. Those who say the markets don’t understand the true value is pretty spot on. After 25yrs of business I chased the BBC for jobs before their staff started chasing me. When the worlds big boys come to you for help like SEE are obviously getting then it’s time to decide at this low price how much more you can tick away before it goes boom....