I did get my shares later yesterday morning, overall i was surprised by the lack of change in the sp. volumes were ok but it seems of the radar generally. Maybe 'in line with expectations' puts the sp where it should be already. a steady rise from here would be reassuring.
I agree to a large extent as these are in line. However expect the market to Mark down a bit today. This co will go far at some point. Biggest disappointment is how long it takes to roll out fleet contracts won. This has been holding revenues back.
Stunning revenue figures. R&D costs holding back profitability but theyve got to stay in front of the game.
Nice to see rail and aero still active and progressing and a foothold in autonomousvehicles too.
Good progress for me, its a buy. Should lift off this morning if folks can keep focused and accept the increased losses are necessary to progress.
the author/blog is very SEE focused and holds shares in the company so I would still take it as speculative but non the less it is clear that SEE is heading in the right direction and many of the changes to riving systems - semi-autonomy etc, are playing into their hands. I have held these for a long time and have been adding at these levels awaiting the swing up...
seems a little flat and uninspiring as a trading update...but at least they mention increased customer demand.
"will enable further investment in the ongoing development of the FOVIO driver monitoring platform technology and continued product improvement across all industry verticals to scale the Company's global footprint and meet increased customer demand."
MM joined the group in September 2016 as CEO of Seeing Machines Automotive business (Fovio). When elevated to CEO he replaced Ken Kroeger who became chairman.
No doubt the story will emerge but looks as if a fundamental disagreement might be at the heart of it - given that progress in the automotive sector seems to have been made and the SP has recovered during McAuliffe's time in the job.
I just hope there is not a "bad news" bomb anywhere.
.. to see how many use their SEE offer funds left in the likes of ISA's to buy SEE at 6p. No sign of SP falling back which is good so I might be tempted to top up later next week once the dust settles.
It's a bu88er isn't it!
Although it indicates heavy demand, I'm sure a lot of that was because of the immediate 1p profit available over the placing price. I am sure there will still be a lot of selling that will pull the price down over the next week or so, a good opportunity to make up the numbers if anyone wishes
My AJBell ISA was showing the full applied-for amount at the beginning of this week (as a separate line item) but now shows the actually-allotted number of shares added to my existing holding and the unalloyed number still there as a line which will clearly not be present after tomorrow.
Strange, as my ISA is now showing the full amount of shares applied for with no cash left. Perhaps this will subsequently be reduced in line with 80% previously mentioned unless the scale back applies to applications above a certain amount? Hopefully all will be revealed tomorrow when the dust settles.
Indeed, AJBell confirmed yesterday that applications were scaled down by 80.078269643%, and the resulting shares have (in my case at least) been added to my holding. However refund is still outstanding at this stage. I just hope the disappointment is compensated by a steady upward march of the sp
Yes, it sticks in one's gullet Prior. Alliance Trust appears to have taken my money yesterday from my ISA but as yet, I have no idea of scaled down shares or refund but cash was lodged in good time so no charge.
Unfortunately, despite saying please ensure cash is available in your account by the due date, II took the money on 08/01/18 (Not 12/01/18) thereby putting my account into negative cash balance. II then charged me £25 late payment fee ! To rub salt into the wound, I then find that my allocation will be scaled back. The return funds have not yet arrived, neitherhave the shares (due 19/01). I need to monitor my moves more carefully and try to anticipate the Machiavellian moves of this lot now theyre on this new, more complex and difficult platform.
0922 this morning. Offer nearly 5 Times oversubscribed!
Applications will be scaled back accordingly.
Shame we wont be getting what we asked for.
But look at the demand for this share at this price.
Very strong support.
Are we expecting an announcement soon on the results of the OO?
Closing date for applications was 12/01/18 so they should be in a position now to assess how many shares we get.
And then we just need II to get organised with crediting shares to portfolio and returning any spare cash (if any) !!
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