Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
4 of the 11 EU states reviewing the EU proposal have finished their scrutiny with no vetos. This includes Germany who made no comments. Slow beast but moving forward
http://www.ipex.eu/IPEXL-WEB/dossier/document/COM20180286.do
https://www.veoneer.com/en/investors
Update due 25 oct
I am looking forward to SEEing what progress Veoneer have made with DMS RFQs in the third quarter. The 2nd quarter results resulted in SEE announcing the Chinese OEM win on the same day, 27 July.
Is it possible that SEE are tied to the Veoneer announcement dates when Veoneer are the Tier 1?
Maybe SEEs hands are tied with respect to news relating to Veoneer Tier 1 announcements. If this the case we should be getting an update in roughly 4 weeks, and hopefully some good news along with it.
Don't spend a fortune on it however, 14 millions black boxes out there as 2016 and growing. Nice to see SEE exploiting this aftermarket market, this could be quite valuable and increases the addressable market to all existing cars.
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/telematics-poised-for-strong-global-growth
"The technology’s benefits become evident even at these niche levels. For example, most users cite antitheft, lower insurance premiums, and improved driving behavior as key benefits of telematics today. Its use in the United States reached about 20 percent in 2016, Italy saw 17 percent, and Singapore 9 percent. That same year, global UBI adoption made possible by telematics expanded to 14 million policies."
*UBI: User Based Insurance
Centurion have over 1,500 fleet vehicles, Paraphrasing from the clip, choose SEE after doing deep dive after a number of trailer rollover a 18 months ago.....I wonder how many of the 1,500 are being fitted?
Nice Find.
"Since being founded in 1971, Centurion has developed into a full logistics solutions provider delivering a comprehensive range of distribution, warehousing, and project services. Centurion’s extensive transport fleet of over 1,500 vehicles and specialised equipment coupled with an unsurpassed branch network in key centres across Western Australia, the Northern Territory, Queensland, and Adelaide ensures a flexible and reliable supply chain solution.
"Based on the initial vehicle models included in the corresponding agreements, these programs have a total expected revenue value of over US$100 million, with the potential addition of further vehicle models and volumes currently in discussion. The Company is also working on several proposals with a number of new automotive and aviation customers with an expectation that further business will be awarded to the Company over the coming months."
On the upside, the potential for further models for already won OEMs could be very significant, that and expect new contract wins could be transformational. We are not waiting and SEEing if the BOD can deliver on the speculation of a up turn they have stated.
I think the timing of the RNS on Tuesday, has really annoyed me, I think for me, it show contempt for holders of this stock. It has forced to me to reappraise the ethics of the BOD. I have mixed thoughts right now and good news is due very very soon.
DESTINY CALLING, I think for SEE, but I must say waiting for jam TOMORROW is bit BORN OF FRUSTRATION and SOMETIMES, well everyday I just want an RNS to SAY SOMETHING positive, something the market really likes the SOUND and all my investments can COME HOME and I can finally SIT DOWN at the end of the day enjoy the fruits of my labour.…thats 8 I think but whose the Group anyone?
Did anyone else spot Truck OEMs mentioned in the RNS today. I don't believe I have seen this explicitly mentioned before. I wonder if they are picking up on the Semicast tweets or vice versa?
"The FOVIO chip, the Company's embedded software product for the Automotive and TRUCK OEM markets, was introduced in 2018 with two automotive program wins and its lower cost allows the Company to deploy into, and scale up in, this high-volume market."
Can anyone see any good news coming on the 19th. We already know that we are the lower end of our expect and revised projections. I am wondering what impact the RNS on the 19th will have? Any thoughts anyone?
And a good search engine query. The below links shows Nexty Electronics, Delphi Tech, SEEING MACHINE, Vtouch? and XLINIX all on the same stand. Very interesting indeed.
Any thoughts as to how much of smoking gun is this?
Another name for Lewbo chart maybe?
http://www.nepconjapan-nagoya.jp/RXJP/RXJP_NepconJapanNagoya/documents/2018/en/inwn_18_en_map_0829.pdf
Shopie tweeted that Ken would be interviewed today. Not seen it yet however. It was in response to Semicast tweet threat that the RNS-R on Wednesday was technically difficult to understand. Here’s hoping for some clarification on what value SEE see on this data
On the flip side, my SIPP gets valued over the next 5 - 10 days for diving up the pot after divorce, as we are talking terms of cash not percentages, I am not to bothered by this recent lull, surprise surprise. Needs to pick up in September though.
http://www.ipex.eu/IPEXL-WEB/dossier/document/COM20180286.do
I think this charts the progress of the EU proposal through each countries scrutiny process. I haven’t got time at the moment to work out any “so what’s” from this other than it is moving on. I was looking for a potential date for the agenda being ratified, anyone any ideas?
Thats an interesting correlation, not that its definitely SEE, but its provides a link between VW and a prospective Tier1, Continental. A link that neither VW nor Continental would have had to endorse before that clip was released. I know we are linked to Continental via the BMW DW, but does anyone know if Continental are trying any other Tier2 other an SEE?
VW Group would be icing on a very nice cake.....
The have an European Arm too
"About Astrata Europe
Astrata Europe is a subsidiary of Astrata Group. Formerly known as Qualcomm Enterprise Services Europe, Astrata Europe delivers advanced fleet management and software solutions to transport and logistics companies of all sizes, as well as to Industry verticals. Relied upon by over 1500 European customers, including several of Europe’s largest fleets, Astrata offers the broadest range of the telematics and transport operations technology available in the market today.
With more than 25 years of experience, Astrata Group is recognized as a trusted leader in Advanced Location-Based IT services and solutions worldwide."
https://www.businesswire.com/news/home/20171024006472/en/Astrata-Group-Aggressively-Expands-European-LCV-Market