Member Info for Whatif18

Lewbo18

Are you spotting signs of the SEE tech in the photograph ? If so what have you spotted.

1 single share sold at 10:30. The share trades are all showing sell before and after. No buys recently !

Last time we had 1 share as a buy the SP went up 5-6 %

Honda are buying into GM Cruise. Softbank have bought into Cruise. Cruise are using SEE. Toyota are hot favourite to work with SEE. Toyota are to create a joint venture with Softbank. Softbank want to invest in AI and collect ongoing revenue in the future.At least I think this is what todays Washington Post article is saying.

Could it be that Softbank are holding Toyota back from allowing the RNS to be issued?

https://www.washingtonpost.com/business/carmakers-throw-money-at-the-future-of-driving/2018/10/04/5db549e8-c795-11e8-9c0f-2ffaf6d422aa_story.html?noredirect=on&utm_term=.089a8ad92afd

Cruise also made it into USA Today & Reuters

Yesterday it was said that having reached an agreement with an OEM it takes 6-9 months to get a legal agreement then an RNS can be issued. Can someone explain how or why it takes 6 months to write down the facts about what has been agreed ? If the OEM does not want to agree a contract until the last minute, incase a better deal comes along I can understand, but taking 6 months to agree the words sounds like waffle

The key words are : additional control over access and retention of their data.

If it takes 6-9 months to get legal agreement for DMS to go into a car before an RNS can be issued how long must it have taken to get a legal agreement for GM & Honda to share the Cruise project ? Something seems wrong to me with the 6-9 months logic.

Is the BB aware of the Toyota web page tri.global? The automated driving page has a photograph that shows something like Guardian on the dash

www.tri.global

Not sure that I have watched the same video. Yes the car took a long time to pull out but traffic was going across the junction in both directions. An experienced driver would push out a little and make an entry point. It was more like watching a learner trying to pull out into traffic. Not sure why it stopped and the hazard warnings came on. Nor am I sure where 10mph comes from. I would say it looked fairly normal speed to the road in was on. I did not think the following cars went 3x faster after Waymo turned off.

A second 1 share sale today, followed by 200. this must be code. The first 1 share of the day also had a significant rise in the bid price but not on the second. any ideas? The good news is that the screen was blue afterwards.

Yesterday a sale went through for 817.The price was 6.8. In the next 50 minutes 1.715m shares were bought at 6.8.

Does 1 mean will pay 7.1 for as much as possible ?

Is the buy/sell for 817 shares a code to others?

I think the main point is to make sure a smartphone supplier cannot make an alternative option to an existing SEE product. I doubt a top of the range BMW or Merc would want one of these on the dash.

The case for xilinx does look strong. Is the thought that they have enough petty cash so SP does not matter? Why would funds not be buying?

I raised the theory about TT to try answer some of the blog questions;

Why are SEE letting the price go down?
Why have they not released some good news on RNS?
How does it work if Jack is in London?
Why has Jack not bought any shares?
Why are fund companies not buying shares at 6.6p ?
If fund companies have concerns why are they not selling at 6.6p ?
Why would SEE dismiss private investor concerns?
How do bod gain if SP goes down?
Why has SEE not updated the Investor share register since 16th August?
Jack is linked to TT electronics
I seem to remember TT bought another company who had lost SP and then reported a good profit
Was it not said that TT share some of the same support companies as SEE have now?

If it was xilinx or other Titan, why not support the SP ? Why are the Investment funds not thinking the same and buying more?

To answer my own question: So why are big investors not buying or selling after a briefing in London:

Just imagine company A is worth about £450m. They want to merge with SEE as they are involved in similar industries and want to be more involved in automotives. To merge as equals SEE would be worth £450m. Say 20p per share. Company A offer 1 Company A share for every 12.65 SEE shares. Big investors are happy they will eventually get all the SEE value via the new company. Private investors are not too unhappy they get 20p equivalent per SEE share. Lots of Private investors drop off the share register. The directors get 2.9x what they had, plus any new perks. OEMs & Tier 1s know Company A so they are relaxed.
Some directors may already have shares in Company A

Directors recommend , Big investors vote yes, PI vote yes

Strategy by used by Company A.
Get the SEE price down so the offer looks more attractive to Private Investors. Perhaps we can get a market maker to pull the price down.
If the SEE directors play things down a bit the price will not go up, may go down, that will make 20p sound better.
The big funds will get nearly 3x more than current price now with more to come. (Double what it was last month.)
After the deal is completed the new shares may drop as PI sell off but then we can announce Toyota & FCA and the cash from autonomous vehicles and the share price of the new company will rocket. Big investors happy. Directors can ask for more shares. Some PIs happy to sell at equivalent to 20p, some happy to stick with new company and new management team.

Just need to decide what to call Company A !

So why are the big funds not buying, they must agree to the sale price for a takeover to happen surely. They must control 30-40% of the shares at least.

Why keep the price down. my story so far:

Waymo learn from the Uber fatality and decide they need SEE technology.
They talk to SEE about a possible Takeover to get control of the technology.
SEE decide things are getting serious and they need a Chairman with experience of takeovers and big business.
SEE find and appoint new Chairman.
New Chairman decides SEE should talk to big investors so they are aware of a plan so they do not start selling millions of shares
One investor under pressure is forced to sell some shares to keep within financial limits. They cannot tell the auditors because it must remain secret. Its not too bad because they still have millions and millions of shares.
Waymo say they are interested in doing a deal but have a few conditions.
New chairman works on a plan
its agreed that SEE will equip 60,000 FCA vans but Waymo do not want it announced until all/ most of the Vans are fitted and ready to go. This will take time.
Waymo agree to fitting a few units for testing.
Waymo do not want a battle for ownership yet so they instruct SEE to play everything down for the next few months. Keep the SP low to avoid others getting interested.
The chairman argues that they have a couple of big deals they should announce. FCA and Toyota have signed and we need to tell the world.
Waymo counter that FCA are our partner for the future and they are getting paid for 60,000 vans. They will agree to what we say.
But what about Toyota? Thats ok they are investing in Uber. Just make sure we get 60,000 SEE units by the end of the year.
But we will need to show the money for these units in our reports to investors, it will be seen in our forecast. Thats easy, leave it out of the forecast.
But what about Ford & BMW ? That will not be your problem.

Eventually the day comes and ....

In English.

Smart eye intends to implement a new issue of up to 2,191,157 shares directed at institutional investors. The subscription price shall be determined by a so-called accelerated bookbuilding procedure. Based on Tuesday closing price SEK 57.80, the new share issue will provide the company with approximately SEK 125 million.

"In order to continue working with obtained designs, win and participate in procurement of new ones, the company needs and will continue to need to scale up its organization," the company writes in a press release and continues:

"The Smart Eye Board has decided to deviate from the pre-emptive right to ensure such cost-effective financing of this as possible so that the company can cover its working capital needs until the acquired and potentially-added design wins begin to generate sufficiently large license revenues to cover the company's ongoing costs."

If the results are tomorrow do SEE not need to give notice they will be released tomorrow or have I missed it.