BRN Discussion Ongoing

[DingoBorat]

We wouldn’t even be eligible for a Nasdaq listing, and we’d get eaten alive on there too. I have spoken to Tony about this last year and he said that he believes that there is more value to extract from the ASX before considering listing on the NAS. I stand by this conversation.

The company only has itself to blame for this declining SP by locking themselves into NDAs that prevent the release of (alleged) testing, openly stating that the SP will do what the SP will do, and not meeting revenue expectations or signing more contracts.

Until these items are actioned I expect more pain. Honestly they need to wake up.

Consider this..

Is shareholder value the same as stock price?

Shareholder value is the financial value investors receive from owning shares of a company's stock. Increasing shareholder value over the long term typically leads to a higher stock price and potentially higher dividends.

It's true the Company is not concerned with the day to day share price, but it is concerned with creating shareholder value.

Things are well set in motion to create that and it will be reflected in the share price.

Damaging customer relationships and or excluding those that insist on NDAs, does not create shareholder value.

Those upset about the current machinations of the "share price" which have absolutely nothing to do with the health of the Company, should just not look, sell out if it's causing you too much stress, or grow a set.

 

[Pappagolla]

Warning: Brainchip shares are being highly manipulated! Retail selling, institutional buying. Do your research or get shaken out. This is a once in a life time opportunity for generational wealth. This is my time, if only I had money to buy more at these prices.

Just stand back and reflect on what is happening right now.

- No debt
- Money in the bank for 2+ years
- Multiple partnerships with tier 1 and Fortune 500 companies
- Partnerships intending to produce product with Akida technology with their customers.
- Brainchip has delivered on every promise from R&D, testing, commercialisation strategies and partnerships.
- we have two known sales Renasas and Megachips
- Renasas releasing chip this year, and that means revenue and royalties
- still engaged with all previously mentioned NDAs at various stages in their design cycle (100+ nds )
- we have about 12 EAP that have had access to Akida for roughly 2 years
- brainchip has released Akida 2.0 based on customers requests (if satisfied I’m expecting IP deals)
- we are going to space January 2024
- Company keeps expanding with world class leadership and employees
- we are building rock solid foundations and are now ready to build up!
- new information comes to light almost every day about the use of Akida etc.
- yet price is pushed lower and lower every day. SOMETHING DOESNT ADD UP!

Time to buy and hold.
Not financiall advice. Take it or leave it.

Yeah she’ll be right.

Last time we were at these prices was before the MegaChips licence announcement. Seems outrageous when you think about both the known and potential value of that agreement alone plus everything that has come to light since (Mercedes, ARM, Intel, SiFive, Prophesee, Edge Impulse, NVISO, Akida 2 point oh stop please my thumbs hurt).

It’s complete nonsense and will be proven to be so in time IMO.

 

[TECH]

Correct me if I am wrong here, but aren't BIOTOME'S testing results due to be made public in the next 4-8 weeks ?

I have pretty much given up on Nanose Medical, I think Professor Hossam Haick just researches and researches and nothing
ever gets to the commercial table, I would also be soooo pleased to be wrong.

We will excel in the Smart Health sector, I'm convinced, but with other service providers.

Tony Dawe presents tonight in Perth on behalf of us to a full house, including two other companies working with AI, but as far as
we are all concerned, nothing new will be shared, because our company doesn't operate on those terms.

If any locals are attending, well then, spell the beans if Qualcomm gets a mention !

Tech

 

[DingoBorat]

“Will” is not guaranteed though is it?

You’re just being hopeful.

The SP absolutely is inclusive of Shareholder Value - as is reputation, which is currently shit amongst general (outside of here) shareholders - evident by the selling.

I don’t need nor want to sell at the minute and my ball are just fine thanks. If you want to continuously post optimism, dots, and wishful thinking - don’t be surprised to hear the counter argument.

There is a big difference, between hope and confidence.

There's no real point debating with someone of your mindset.

And while I'd personally like to guarantee the "will" part, I'm not sure what that would open myself up to ...

I'll let you wallow in your pit of negativity, I think you like it..

 

[Fact Finder]

I stopped saying over and over have a plan because I thought I was sounding pompous.

Therefore I am calling it a refresher as opposed to a reminder.

In the share market having a plan is about knowing what you will do in times of emotional stress or overload when your ability to think calmly and make a decision that is best for your personal circumstances are not optimal.

The share price going up or down unexpectedly can create this stress and emotional overload.

If you are feeling overloaded at the moment by the share price, do not know what to do and are not comforted by the company and associated companies providing positive confirmation of the technology and market opportunities that are open to Brainchip you really need to take a step back and reassess your plan so as to take account of how a falling share price is to be dealt with now and in the future.

Having a share price that always goes up is not a right and profits made by retail shareholders are hard won.

Lots and lots of retail investors loose money in the markets buying too high or selling too early.

All you ever have going for you is your own research and your plan.

It is never too late to do both and take control of your personal situation.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Space Cadet]

@cosors

I have learnt through experience that no one can know all things or be expert at everything. Everyone can contribute in their field of expertise. Everyone is unique through learning, life, experience, interests etc. That’s why we have different people for different roles in the business, e.g. an accountant re finances, a lawyer re patents, an engineer to build things etc.

If you have a particular skill set and knowledge (which you do as an engineer in the automotive industry) then you are well placed to address this issue, identify problems and possible solutions. Often people thinks everyone knows what they know; however the reality is that everyone is in their own individual silo or bubble and what is in their bubble is completely different to someone else’s bubble or circle of knowledge or ideas.

I have worked in large organisations and quite often the people at the top are too far removed from the workers in the field; there is a disconnect and it creates problems. The workers grumble because management don’t fix their problems and management grumble because they aren’t seeing continuously improved results on KPI’s. Often unfortunately because of the disconnect the source of the problems aren’t addressed so the issues continue. Sometimes this is caused due to a hierarchal system within the workplace where rank/position reduces the ability to communicate freely. This can be solved by having a more open communication style where you don’t have to speak with 3 levels of bureaucracy to get the right person to listen work through the problem together.

A good company such as Brainchip should have the agility to be able to address issues quickly and without regard to personality. What I mean by that is it doesn’t matter whose idea wins: just use the best solution. Government is generally awful at this for a variety of reasons.

From my understanding of Brainchip’s management culture I think that if an opportunity presents itself, and they have the resources to do what you suggest then they would jump at the chance to influence a political situation by presenting a long lasting viable solution which benefits the environment and Brainchip.

The issue I think @Fact Finder was raising is what I “think” was a problem with Nanose is that the sensor could detect the disease with appropriate accuracy however once you have used it, how is it cleaned so there is no contamination issues for the next test. Otherwise once you get one positive every test after that could be tainted and positive which renders it useless. This could be the same issue with the fuel sensor you are suggesting. It is not my field so I have no idea on how to fix that issue. Hopefully someone else has that covered!


So the short version is: if you have a good idea then raise it. There is nothing lost in doing so.

Cheers

This is mote a guess than expertise but I'll have a crack. Nordic Semi do environmental sensors. They work closely in partnership with Edge Impulse and Brainchip have the secret sauce.
That partnership may come up with a solution IMO.

SC

 

[robsmark]

There's no real point debating with someone of your mindset.

And while I'd personally like to guarantee the "will" part, I'm not sure what that would open myself up to ...

I'll let you wallow in your pit of negativity, I think you like it..

“A person of your mindset” - the word is rational. Seeing things as they currently are on a financial level.

 

[JoMo68]

“Will” is not guaranteed though is it?

You’re just being hopeful.

The SP absolutely is inclusive of Shareholder Value - as is reputation, which is currently shit amongst general (outside of here) shareholders - evident by the selling.

I don’t need nor want to sell at the minute and my ball are just fine thanks. If you want to continuously post optimism, dots, and wishful thinking - don’t be surprised to hear the counter argument.

Robsmark, EVERY time the share price goes down you have a negative rant on here about the company and it’s lack of concern about shareholders. I completely agree with Dingoborat - they are focussed on building a successful company. The day to day machinations of the share price do not reflect the massive progress we have made over the last year. PLEASE rant on the share price thread - NOT here.

 

[Papacass]

Consider this..

Is shareholder value the same as stock price?

Shareholder value is the financial value investors receive from owning shares of a company's stock. Increasing shareholder value over the long term typically leads to a higher stock price and potentially higher dividends.

It's true the Company is not concerned with the day to day share price, but it is concerned with creating shareholder value.

Things are well set in motion to create that and it will be reflected in the share price.

Damaging customer relationships and or excluding those that insist on NDAs, does not create shareholder value.

Those upset about the current machinations of the "share price" which have absolutely nothing to with the health of the Company, should just not look, sell out if it's causing you too much stress, or grow a set.

Great post.

 

[Fact Finder]

“Will” is not guaranteed though is it?

You’re just being hopeful.

The SP absolutely is inclusive of Shareholder Value - as is reputation, which is currently shit amongst general (outside of here) shareholders - evident by the selling.

I don’t need nor want to sell at the minute and my ball are just fine thanks. If you want to continuously post optimism, dots, and wishful thinking - don’t be surprised to hear the counter argument.

In view of your claim that the company’s “reputation …is currently shit amongst general (outside of here) shareholders…” I thought I would see if the facts supported your assertion.

Today a little over 18 million shares traded. So 9 million were sold and 9 million were bought.

18 million is not quite one percent of shares on issue. So half is less than half a percent of shares on issue.

It is clear that some trades will be traders, some will be shorts manipulating the buy and sell and some will be retail shareholders selling for a range of reasons some of whom were selling in panic.

Such a tiny percentage as this does not justify your statement in fact it indicates nothing whatsoever given global affairs, interest rate rises and fears around banks.

Indeed if this tiny percentage of retail sellers supports your assertion the fact that 9 million shares were bought indicates a greater confidence in the company than would be the case if your proposition that the selling is evidence of your assertion.

If you want to lament the manipulation and falling share price fair enough but making up things that are clearly unsupported by the facts does not assist anyone least of all those who might be overloaded and worried by their personal situation.

Wild unsupported claims assist no one.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fact Finder]

Who said I was depressed? Now who’s posting misinformation?

I did not call you depressed but the depth of your negative passion gave rise to a fear on my part that this might be the case and I was concerned for you.

Your laughter gave me confidence this was not the case but as another poster pointed out you do have this negative demeanour that can lead to such a concern.

I shall no longer worry about your health.

Regards
FF

AKIDA BALLISTA

 

[Realinfo]

‘The dog ate it’…the perennial excuse for not handing in your homework.

Akida Development Environments (ADE’s) were released to Early Access Partners (EAP’s) back in 2019. Feedback from these partners were taken on board, causing a delay in the completion of the Akida IP. On 8 April 2020, TSMC began production of the Akida 1000 chip, which worked better than expected. By this time our battler had over 100 NDA’s in place. From these, the company selected about 24 Fortune 500 household name companies to work closely with. The selected companies were considered the most likely to bring early commercial success…this all happened back in 2020.

What happened guys…did the dog eat them?

In his address at the last AGM in May ‘22 (when the head winds spoken of today were known and already being felt) our CEO said…’I am highly confident that commercial results will come in a steady and sustainable fashion. The company and myself should be judged not on effort, but results. I look forward to standing before you next year to share all the results from this next critical chapter’.

It’s time to call a spade a spade. Our CEO has delivered on half his brief…the production of the second generation of Akida (but for this we really have to thank Peter, Anil and their teams)…and the expansion of partners and collaborators (the ‘ecosystem’) our battler works withIn (but was this not really Rob‘s responsibility).

I know I’ll be decapitated for saying this but our CEO has failed miserably to deliver on the commercial side, exacerbated perhaps by public comments from directors and senior executives from the latter part of 2021 to the middle of 2022.

He, Antonio and Mia have been paid overs for their performance to date. If you don’t believe me just take a look at the 2022 Annual Report. Ahead of the May’23 AGM, we can expect the remuneration outline for directors and senior executives. I call for a stop to any bonus or incentive payments being paid until the company at least reaches break even on revenue v expenses. Directors and senior executives should also feel the pain us shareholders are enduring right now.

 

[robsmark]

I did not call you depressed but the depth of your negative passion gave rise to a fear on my part that this might be the case and I was concerned for you.

Your laughter gave me confidence this was not the case but as another poster pointed out you do have this negative demeanour that can lead to such a concern.

I shall no longer worry about your health.

Regards
FF

AKIDA BALLISTA

I apologise, I misinterpreted your post. My MH is fine thanks FF.

 

[DingoBorat]

“A person of your mindset” - the word is rational. Seeing things as they currently are on a financial level.

Whose financial level, yours?

I think your ability for rational thought, might be directly related to the share price and not what the Company is actually doing.

I'm separating the progress that the Company is making from the share price and you imply that I'm being irrational and just hopeful, with wishful thinking of our success?

I guess when more IP deals are signed and the revenue starts flowing from things that are already put into place, with a rising share price, that you will be all happy and say things like..

"See! I told you that's what we needed!"



But yeah, I said I wouldn't go here..

 

[TheFunkMachine]

I am happy to go along with your train of thought if you can point to one major concern outside of the share price. Share price does not always reflect a company health. We are being manipulated. Someone showed earlier a graph of where institutions have been ramping up buying over the last 6 months or so.

Generally when I make an investment I look at these factors and I would like for you to show your concerns around any of them. Please point out if there is anything major that I have left out.

1: company’s product. (What they are selling)
2: company’s market strategy (How do they plan to sell their product)
3: company’s streams of income( what are their streams of income or working plan towards getting said streams of income)
4: Quality of management (who is running the company and what is their history)
5: Partnership ( who is backing the company and validating their products)
6: Debt( what is their debt and what is their working plan towards profitability)
7: Competitors( who is their competition that may affect sale)
8: sector growth( is the company selling a product that is in demand and has a over all growth projection in coming years)
9. Uniqueness( do they have a point of difference over other similar product and does it solve a specific problem?)
10. Market readiness ( does the market seam to be ready for the product)
11. Does the company meet expectations on their promises or projected milestones( History)

I am not trying to offend you, and I am open to listen, but I would like to hear from you if you can fault Brainchip as a company according to my personal investment plan. These are critical questions I ask myself before investing and I can not fault Brainchip on anything so far. Please add to these points as you wish and tell me what concerns you have. It sucks to see SP this low in my opinion, but it has nothing to do with my confidence in my investment.

 

[Slade]

Its only 8 weeks away so I will wait until the AGM to hear what the team has to say about the progress the company is making towards securing revenue. It looks to me from all the news we have received that Brainchip is progressing very well, but perhaps they are 6 to 12 months behind the timeline that some may have set for themselves.

 

[cosors]

@cosors

I have learnt through experience that no one can know all things or be expert at everything. Everyone can contribute in their field of expertise. Everyone is unique through learning, life, experience, interests etc. That’s why we have different people for different roles in the business, e.g. an accountant re finances, a lawyer re patents, an engineer to build things etc.

If you have a particular skill set and knowledge (which you do as an engineer in the automotive industry) then you are well placed to address this issue, identify problems and possible solutions. Often people thinks everyone knows what they know; however the reality is that everyone is in their own individual silo or bubble and what is in their bubble is completely different to someone else’s bubble or circle of knowledge or ideas.

I have worked in large organisations and quite often the people at the top are too far removed from the workers in the field; there is a disconnect and it creates problems. The workers grumble because management don’t fix their problems and management grumble because they aren’t seeing continuously improved results on KPI’s. Often unfortunately because of the disconnect the source of the problems aren’t addressed so the issues continue. Sometimes this is caused due to a hierarchal system within the workplace where rank/position reduces the ability to communicate freely. This can be solved by having a more open communication style where you don’t have to speak with 3 levels of bureaucracy to get the right person to listen work through the problem together.

A good company such as Brainchip should have the agility to be able to address issues quickly and without regard to personality. What I mean by that is it doesn’t matter whose idea wins: just use the best solution. Government is generally awful at this for a variety of reasons.

From my understanding of Brainchip’s management culture I think that if an opportunity presents itself, and they have the resources to do what you suggest then they would jump at the chance to influence a political situation by presenting a long lasting viable solution which benefits the environment and Brainchip.

The issue I think @Fact Finder was raising is what I “think” was a problem with Nanose is that the sensor could detect the disease with appropriate accuracy however once you have used it, how is it cleaned so there is no contamination issues for the next test. Otherwise once you get one positive every test after that could be tainted and positive which renders it useless. This could be the same issue with the fuel sensor you are suggesting. It is not my field so I have no idea on how to fix that issue. Hopefully someone else has that covered!


So the short version is: if you have a good idea then raise it. There is nothing lost in doing so.

Cheers

Thank you for your words. I know exactly what you mean because I know it myself. Often it is better to skip hierarchies because each fights only for himself and the head no longer knows what the torso does. Even though I have met bosses who have never lost touch and I myself have had the experience of making contacts throughout the chain and keeping everyone together.

But someone of you reported me again. And that after I am particularly sensitized because of the first time. In both cases, I could not identify the origin or the accuser. I also wrote to our admin to find out which post of mine was against the rules. At the moment it feels to me like being judged without knowing by whom and why. I come from Germany and here there was the DDR and in each block of houses a block warden who made sure that everything conformed to the system. So I have a different view on surveillance and anonymous denunciators. At the moment it's no fun for me anymore here.

____
added:
The matter has just been cleared up. Thanks again zeeb0t for the quick response. The post has been restored.

 

[JB49]

Just thought I'd attach this for anyone that needs to be reminded.

 

[Techinvestor17]

I think you might be confusing the "value" of a company purchasing the IP, as opposed to the chip..

The IP is not a "soft" version of the chip, it's what "makes" the chip.

The net revenue to us, would be pretty much the same, whether they purchase a chip from us, or pay IP royalties per chip.

The customer pays more for the chips, but we're outlaying the money, to produce the chips..

Selling the IP, our costs are just employee and IP development related.

Don't underestimate the value of an above 90% margin business plan.

Sorry in advance, if I misunderstood your concerns.

Thanks for your input. I’m not worried about revenue. I’m trying to understand the value proposition from the customers point of view. If they just license the IP are they going to be able to achieve the same performance metrics that we have shown in our demos? Such as power consumption and accuracy in the object detection Or taste classification

 

[HopalongPetrovski]

Almost everything I am looking at recently is receiving the same shorting treatment as us.
It has been a longer and more sustained attack for us but similar tech and bio tech companies I watch as well as lithium producers are all getting clobbered in a similar fashion.
I haven't looked much further than that but the bears and those who make dollars from falling stock prices are having a grand old time atm.
I understand that this is cyclical and like universes expanding and contracting over time is merely the way of things.
Caught up in the contraction or surfing the expansion (or vice versa for the shortee's) is just the Yin and Yang of the markets.
Sean and our Directors know this and hence their sage advise "that the share price will do........etc."

As has been repeated ad nauseam here, our fundamentals are sound, our IP is as protected by patents as well as is practical , we have secured more than adequate funding to see us through to self sufficiency and as evidenced by our growing partnerships and eco system collaborations as well as our targeted initiatives into the education arenas we are executing on our strategy which has been previously tested and proven by ARM, amongst others. We have also secured management expertise which has experience and a history of executing said strategy.

Yes, its somewhat of a slog atm, and I certainly did not expect (although I did provision for) our share price to be back at current levels.
Because of all of the above I am not panicking atm and am still accumulating what I can justify on the way down.
I continue to have faith that the system will balance out at some point particularly when taking into account all of the above.
Indeed, the more violently the system is artificially repressed the stronger the reaction will likely be.
All just my opinion of course.
We must each chart our own course in these choppy seas and cut our cloth to suit our means.
Looking forward to the AGM.