Amati has Seeing Machines on watch

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Amati Global Investors has revealed that it has Seeing Machines “on watch” in its latest video discussing Machine Vision.

In the video published today, Fund Manager David Stevenson is quoted at around 8 minutes saying that he has Seeing Machines on watch for its Smaller Companies Fund. However, he does state that the fact it is “early stage and loss-making” means he doesn’t consider it “oven-ready” for his fund.

I assume he is one of many fund managers adopting this view. The only issue they may face by deferring such an investment is that after huge contracts for Seeing Machines’ technology come through this year they’ll have difficulty purchasing stock at the current discounted price.

The writer holds stock in Seeing Machines.

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