We view Seeing Machines's recent deal with Magna as a game changing moment that signals the start of a period of significant value creation, cashing in on more than 20-years of technology development. The Magna deal takes away the balance sheet risk but also provides a highly motivated global Tier-1 partner with a track record in securing significant market shares. In our view its DMS/OMS rear-view mirror is the most competitive solution in the market and one that has been selected by VW and Hon ....

10 Nov 2022
Cenkos: Seeing Machines Ltd -- A tech unicorn its share price belies

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Cenkos: Seeing Machines Ltd -- A tech unicorn its share price belies
Seeing Machines Limited (SEE:LON) | 6.9 0 0.7% | Mkt Cap: 285.5m
- Published:
10 Nov 2022 -
Author:
John-Marc Bunce -
Pages:
26 -
We view Seeing Machines's recent deal with Magna as a game changing moment that signals the start of a period of significant value creation, cashing in on more than 20-years of technology development. The Magna deal takes away the balance sheet risk but also provides a highly motivated global Tier-1 partner with a track record in securing significant market shares. In our view its DMS/OMS rear-view mirror is the most competitive solution in the market and one that has been selected by VW and Hon ....