The latest Investing Matters Podcast episode with multi-award-winning fund manager and international bestselling author Lee Freeman-Shor has just been released. Listen here.
Is Harman a new competitor ?
Bigger question is whether, excluding the possibility of a bid from Axel S, PB will even exist as a stand alone company by the end of 2023. My prediction is that (agreeing 100% with Sain) driven by the hopelessly inadequately experienced Helen M, and overseen by a BOD which has allowed a long string of disastrous executive decisions (mad international expansion etc), the share price will be sub 5p if the company is still in existence.
Get well, Wilson63 - everyone has it. Your prediction is the best on the board - let’s hope it’s realised in 2023!
Expecting this company to have had a very strong year, with the majority of their earnings in US dollars. Hopefully a strong trading update early in ‘23 will confirm-but whether the lethargic markets will show the slightest interest, remains to be seen.
Livingstone77 has been missed off the list
Jan '23 = 6.6p
Dec '23 = 8.5p
Seeing-2020: 13.3p. & 100p
Ratboy: 8p & 14p
AConceptIsABrick: 7p + 20p
NathanR999 - when exactly do you think we could reach unicorn status? 2024?
The market cap of this business at less than the cash in the balance sheet tells you all that you need to know about the City’s confidence in the ability of the novice executive management team to turn the business around. Clearly a majority of the major shareholders voted for a change in the chair-but the Axel/Pinder joint holding was always going to be near impossible to overturn. Share price down 5% today with further falls now almost inevitable.
Nobody likes to experience FOMO !
Seems like we will be back into 5p’s before we get an RNS announcement. On this board alone, a number of people have sold some SEE to buy SEYE, so apply that trend across the entire investor base. And why not? As someone said below, it’s the entire DMS market he wants to invest in , not just a singular player within that market.
USD 75million - not an insignificant win !!
One week ago I was relieved that I had never been able to purchase SEYE shares - because they are listed on the Swedish market - but now, I’m beginning to think that I’ve missed out
What a joke. SEYE SP up 16%. Feels like we are backing the wrong horse - SEE will have been in competition for that design win. Even when we have good news, our SP doesn’t rise 16% in a week, never mind in a day. Martin seems as confident as ever…
To think that in June 2024 - over 500 days away - we could still be lingering around this SP, enduring the quotidian 7:01am disappointment of an absent little red dot on LSE, is pretty depressing. I'd be in favour of someone buying us out in 2024 so that we can all exit this with no regrets and move on.
Cold Fish Pie under yet another new guise?
Lets hope we get some second post "insight" from 'Livingstone77' otherwise we will know that he/she has held their breath for too long...
@Seeing-2020
Are these quotes from todays AGM ?
@hyms… I thought that the last “silly bid” as you call it was 30p a share from Bosch ? Doesn’t seem that silly when we are sitting at 7p years after….
Reading the annual report it is very surprising/astonishing how few shares are held by the board-far less in almost all cases than very many contributors to this forum. The CEO does have some very substantial options-but his actual holding is derisory.
What a nasty comment. Yes, he has grown into a better and more successful man than you’ll ever be.
Smart Eye: Main Competitor’s Exclusivity Agreement Likely to Cap its Potential Marker Share
Research Note Monday October 10
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Redeye thinks yesterday’s deal between Seeing Machines and Magna will grant Seeing Machines a certain minimum market share going forward but that the deal also caps Seeing Machines’ upside potential to around 35%. This is considerably lower than the market share that the company has aimed for. Hence, Redeye thinks the exclusivity agreement is not coherent with what a company aiming for market leadership would do. The 9.9% ownership from Magna is also likely to reduce Seeing Machines’ chances of winning contracts with other tier-1 suppliers, as they would then indirectly sponsor their direct competitor. Redeye reiterates its valuation range.