Seeing Machines - SEE - Share Chat

Stock Discussions
104

SEE performed well over the past month (+~18%). Had an email from their newsletter on 6th October. This was stated under highlights:

Highlights: Seeing Machines and Magna will exclusively co-market driver and occupant monitoring systems targeting the interor rear-view mirror in refum. Magna has agreed to invest USS65m into Seeing Machines via an exclusivity arrangement payment of USS17.5m and up to $47.5m
through a Convertible Note maturing in October 2026 and having a conversion rate per ordinary share of 11 British pence

Difficult to understand the exact implications, but possibly the reaction in share price has been positive?

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105

Yes itā€™s up almost 17% since I invested - only equates to Ā£0.01 though :joy:

It looks like a good sign, one would assume this means the system(s) will see a wider range of application and sales. :grin:

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106

Meanwhile Iā€™m down 45.1%

:skull_and_crossbones: :cow: :skull_and_crossbones:

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107

Oh no! Your HoD are on this? :stuck_out_tongue_winking_eye:

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108

Moo :cow: :kiss:

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109

I wouldnā€™t sweat about it if you trust the vision (no pun intended) for the long term.

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110

Driver monitoring system?. What happened to self driving carsā€¦!

111

Good news! Iā€™m out. I hit a loss of -50.39% and I think I can make bigger losses faster by moving the cash to somewhere else.

Now to prowl these boards and pick a stock based on who seems to be enjoying themselves a little too much.

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112

Ooooo, decisions decisionsā€¦

113
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115
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116

Some cold comfort for us shareholders

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117
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118

Slowly but sort of steadily

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119

Debt free in 2025. You can quote me next year!

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120

Behind the paywall but good to see SEE getting some column inches in a daily rag

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