wathonian
22 May 2018
Re: Component supply shortage - FY hit I work in the electronics industry and am seeing some common components going out to 40+ weeks lead time, due to various reasons "capacity constraints, mergers and acquisitions, obsolescence and higher-than-expected demand creating component shortages across the board"Hopefully things will improve!W
City Ranger
22 May 2018
Re: Hard news needed Recent price drops seem to have been as rapid as the speculative rises of last week. Not sure the initial EU news was enough to support such a surge but equally the stock is now starting to look over sold on the supply chain component problems. Those holding for the long term should see the benefits if short term fluctuations can be ignored whilst waiting on news of significant contract wins.
nest of rampers
21 May 2018
Re: Woah there! Golden Cross [link]
nest of rampers
21 May 2018
Re: Woah there! Golden Cross Funny that this RNS as undone the bolted on golden cross , all the short term profit takers shares will be bought eagerly IMO. Another large order / good news and SEE will gap up .
nest of rampers
21 May 2018
Re: Component supply shortage - FY hit 21 May 2018 07
08Seeing Machines LtdRNS Number : 6478OSeeing Machines Limited21 May 2018 Seeing Machines LimitedBusiness Outlook Update 21 May 2018Seeing Machines Limited (AIM: SEE) ("Seeing Machines" or the "Company"
, an industry leader in computer vision technologies which enable machines to see, understand and assist people, provides an updated business outlook for the current fiscal year.The Company has been informed by its manufacturer partner that, owing to a global shortage in traditionally short lead-time parts (capacitors and power supply) which are used in the Company's second-generation fleet product, Guardian Gen 2, production of a number of units that were due to be shipped shortly, will now be delayed by approximately six weeks. Whilst sales of these units have been agreed, the shipping of these units is now expected to be delayed accordingly, resulting in this revenue now expected to fall outside of the current financial year. Based on performance to date, existing sales pipeline and revised manufacturing schedule, the Board of Seeing Machines now revises its FY18 forecast and projects to achieve sales in the range of A$30M to A$35M, versus a previous outlook of A$38M to A$43M, as provided in October 2017. Whilst the Board of Seeing Machines is disappointed by this delay, the revised outlook still represents a doubling of FY17 sales for the FY18 period.Seeing Machines remains optimistic and excited by the large and fast growing market opportunities across all transport sectors. The Fleet business has very strong momentum, with an installed base of 10,000 units, around the world and a strong pipeline of sales opportunities, representing total commercial value of over A$200M through engagements with large transport and logistics companies in Asia Pacific, Europe, UK, the Middle East and USA, and a growing ecosystem of distributors globally.The Automotive opportunity continues to grow with increasing interest from automotive OEMs and suppliers to deliver driver monitoring into more platforms and models of cars around the world as represented by recently announced design awards with two premium German OEMs.Seeing Machines' Aviation business is developing steadily as the Company continues to work with significant industry brands to shape tailored solutions to enhance safety with eye-tracking systems for evidence based pilot training, support systems in managing pilot fatigue and air traffic controller alertness systems.The Off-Road and Rail businesses are progressing well and are performing in line with management's expectations.More recently, the announcement by the European Commission of "Europe on the Move: Agenda for safe, clean and connected mobility" will see driver monitoring technology mandated for EU vehicles from 2021, and affirms the relevance of Seeing Machines' technology. This will undoubtedly create increased demand across the Company's focused transport sectors globally.The Commission announced that new models of vehicles are to be equipped with advanced safety features, and specifically identifies drowsiness and attention detection for cars, vans, trucks and buses; distraction recognition and prevention for cars, vans, trucks and buses, with Seeing Machines currently one of only a few companies in the world who are well positioned to provide this technology to leading global OEMs.
BeaglePup
21 May 2018
Component supply shortage - FY hit I'm very disappointed that the production scheduling has not been good enough to prevent a delivery delay. Capacitors and power supplies are supposedly short lead=time items, yet a 6 week delivery delay is foreseen. That's poor performance at the manufacturing level. JiT ordering to keep working capital down is all very good, but it demands performance of the schedulers. I started my working life in that role, and know it is fraught with assumptions and dependencies, but these can be overcome with good supply chain resilience and ordering practise. It's not a big problem it would seem, but they need to get this problem nipped in the bud if they are to grow like we expect.
nest of rampers
19 May 2018
Re: Woah there! Golden Cross [link]
nest of rampers
18 May 2018
Re: Driver monitoring systems Yes good read , wish I'd been braver and got more of these now. Impressive how we shot through resistance at 7.68 , past 9.10 and who knows where will will end up. [link]
Cliff Peat
18 May 2018
Driver monitoring systems Worth a read - informative interview with Nick DiFiore, SVP and General Manager of Automotive, Seeing Machines.[link]
In for the long term
17 May 2018
Re: Somethings Up I believe that it is as a result of the EU Commission announcing today that in 3 years time all new car models sold in Europe should have driver monitoring systems and Seeing is a player in this market. I would expect the price to continue upwards tomorrow given the demand today.
Rusty Jock
17 May 2018
Somethings Up SEE up 26% at close with 30 m shares traded . Buys at 9p and Sells at 8p I think , but it’s not clear or what I can see .So we are all in profit for a change , but is there any news out there which would have caused this major break out ?
Mr Chilligoat
17 May 2018
Woah there! Steady on SEE - I'm now in profit !
theprior
16 May 2018
RNS Expansion of Guardian distribution in Aus.Good news TP
nest of rampers
12 May 2018
Re: Fovio/premium German oem Next goal see off 7.64p [link]
tony hawk
11 May 2018
Re: Hard news needed City boy dror
