Make your money go further for just 25p per day

Seeing Machines (AIM: SEE) results as anticipated as ramp up continues, let’s hope they succeed

21/09/2015 · Seeing Machines (SEE) 

Following last week’s news of its significant deal with Caterpillar, the operator monitoring Group has announced results for the year to 30 June 2015 broadly in line with expectations. The anticipated big ramp up in development spending probably exceeded the market’s expectations but we remain of the view that this business needs to push on with the commercialisation of its technology, rather than meander along and watch their potential be snatched from them, which seems to be the case with many AIM businesses. They have the funding in place so need to spend it!

The full Annual Report is worth a read to gain a better understanding of the Group’s positioning and current focus http://www.seeingmachines.com/investors/ although there are a few too many glossy pictures and a bit too much ‘management speak’ for us, and we aren’t sure a whole page should be devoted to ‘Company Values’!

The Group’s products enhance operator performance and safety through real-time monitoring and intervention which are enabled by intelligent sensing technologies and vehicle…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Seeing Machines

Another AIM takeover | Bonkers Bargain delights | Profit warnings

12/11/2024 · Company Insights

We cover yet another takeover of a fast-growing AIM company, this time at a big premium to…


Merger of equals | Exciting new arrival

10/01/2024 · Company Insights

2024 has started much as 2023 finished, with corporate activity on AIM that is likely to see…


More Company Insights

Elderly challenges | Demotion | Australian boost

21/11/2024 · Churchill China · CVS Group · Renold · Tracsis

Bonkers Bargains: poised to recover with a new CEO

20/11/2024 · James Cropper

Improving returns | Questionable business models

Sign-up to our free email updates

SIGN UP