BRN Discussion Ongoing

[Iseki]

To answer FF's question as to future valuations you should really stick with what has worked in the past.
Like Moore's law.
Change it to be more modern and look at watts per transistor per 2years.
Incorporate some rule-of-thumbs like 1 neuron = 100000 transistors.
Add a constant because it's easier to demand that your chip maker go to 4nm rather than change the chip design.
Use schrodinger's equation to estimate the difference between what a person feels and the desperation in their community in general.

Solve this logistic differential equation and you'll see $2.20 SP is an attractor by June 30.

(Sir, I can't seem to attach my workings)

 

[Fastback6666]

I guess nobody challenges your determined value is because nobody knows what the fair value is at this stage. Some analyst came up with $1.50, some here mentioned $200.

When we had a few patents granted, CEO appointed and Mercedes mentioned Akida, the price went to $2.34. No more news and the price drift back to $1.03 today. Did that many things changed about Brainchip or Akida during this short period of time that changed the value of the company by over 50%?

Price and value are completely different things. Value does not change unless the company does something different or the public perception of the company has changed. Price changes all the time, every few seconds or so because price is influenced by many things, macro to the world's events, micro to an individual's circumstances or thinking. About 99.9% of people are not rational all the time. Greed and fear dominate most traders' minds.

I invested in Brainchip for its future value which I believe is a lot higher than the share price today (or the high of $2.34) and not for its current value. I think the fair value should be $10.20 in 5 years time. 70% chance that Brainchip can make $500M profit and a P/E of 50 or conservatively with a P/E of 25, the fair value should be $5.10.

Be patient, the company will reveal its true value in time.

Agree here, I have been thinking long and hard on Brainchip and it’s valuation at any point. It is so hard to value Brainchip now and it will be hard to value it at any point to be honest as it will always have NDA’s applied between them and their clients as each chip is released. I imagine the NDA’s will just proliferate over time as more and more customers come onboard to develop on their Akida platform/chips/IP.
Especially while Brainchip stays at the cutting edge of new AI tech their customers who will multiply with success will want to hide away their cutting edge products products as long as possible. Some may never reveal that Akida is inside!

So what will we see - I assume we will just see revenue flowing in and ideally growing on mass as each quarter/half passes and we will be thinking great work there is some more dollars, but really hard to potentially map out how long that revenue will maintain or how fast will that grow. All we can go on is those companies who are proud to break cover and advertise “Akida is inside”.

I can see it will be a very annoying but a rewarding journey that is for sure, while we wait for the really big players to reveal themselves in order for us to speculate on their product runways...Which in turn we will then speculate on revenue p.a. and the flow on effect to the SP.

In effect Brainchip will be perpetually undervalued due to the NDA’s in place ongoing stopping every one from valuing the unknown products and their p.a. volume over time. A potentially nice problem to have though.

If we knew that Ford, Mercedes, Tata, US DOD, Nintendo (For example) were fully committed to the Brainchip tech in most/many of their end production products (which is massive numbers) then Brainchip could be easily valued at $20+ SP. (30 Billion+). The company has said many times they would love to reveal some key logos so they have to be very large right! Also as many tech people know that once you commmit to a tech platform you are usually committed to it for a few years or more to make it worth the development time/investment $$.

This could actually be the case right now that all of these companies/agencies have signed on but we don’t fully know if we have them fully locked in because of those annoying NDA’s. Therefore we have the continuing fun of speculation and with each BRN or third party reveal the SP can be allowed to get that next leg up..but always behind what is really the current state of contracts and products signed on for.

Time will reveal...most.

As for value it’s just a guesstimate at any point. Our crazy ride is just beginning for commercialisation and the SP.

Let’s just hope for many more to follow Mercedes and break cover and are proud to reveal that Akida is inside!

 

[Diogenese]

I really hope you are correct on this as right atm is not feeling real good with the current share price.
We need some positive news sooner rather than later when will the next quarterly be released?

Company spokesmen have spoken of revenue in the second half of the year, so we just have to wait.

 

[Diogenese]

To answer FF's question as to future valuations you should really stick with what has worked in the past.
Like Moore's law.
Change it to be more modern and look at watts per transistor per 2years.
Incorporate some rule-of-thumbs like 1 neuron = 100000 transistors.
Add a constant because it's easier to demand that your chip maker go to 4nm rather than change the chip design.
Use schrodinger's equation to estimate the difference between what a person feels and the desperation in their community in general.

Solve this logistic differential equation and you'll see $2.20 SP is an attractor by June 30.

(Sir, I can't seem to attach my workings)

Didn't Schrodinger invent the dead cat bounce?

 

[Galaxycar]

You know you ask brainchip,when are they gunna start to tell us anything reference sales or something measurable,so you can at least try and put a value to the shares and they really don’t give a fat cracker about shareholders,I think they are happy letting the seller if he is a shorter reekhavoc to their company shareprice, it was LDA which was the large seller last time it went to $0.90 and management were delighting it when asked think we are getting screwed over again,the trading patten lately doesn’t indicate a buyer but does a seller they are buying up the cue a couple of cents then dumping into the buyers as they rock up all other trades are just swapping from one hand to the other. I hold a large shareholding and way in front but these NDA’S ARE A JOKE, it’s like trust us until it all goes wrong and they say but we told you nothing,great fan of factfinder and this crew here.

 

[M_C]

You know you ask brainchip,when are they gunna start to tell us anything reference sales or something measurable,so you can at least try and put a value to the shares and they really don’t give a fat cracker about shareholders,I think they are happy letting the seller if he is a shorter reekhavoc to their company shareprice, it was LDA which was the large seller last time it went to $0.90 and management were delighting it when asked think we are getting screwed over again,the trading patten lately doesn’t indicate a buyer but does a seller they are buying up the cue a couple of cents then dumping into the buyers as they rock up all other trades are just swapping from one hand to the other. I hold a large shareholding and way in front but these NDA’S ARE A JOKE, it’s like trust us until it all goes wrong and they say but we told you nothing,great fan of factfinder and this crew here.

 

[Equitable]

You know you ask brainchip,when are they gunna start to tell us anything reference sales or something measurable,so you can at least try and put a value to the shares and they really don’t give a fat cracker about shareholders,I think they are happy letting the seller if he is a shorter reekhavoc to their company shareprice, it was LDA which was the large seller last time it went to $0.90 and management were delighting it when asked think we are getting screwed over again,the trading patten lately doesn’t indicate a buyer but does a seller they are buying up the cue a couple of cents then dumping into the buyers as they rock up all other trades are just swapping from one hand to the other. I hold a large shareholding and way in front but these NDA’S ARE A JOKE, it’s like trust us until it all goes wrong and they say but we told you nothing,great fan of factfinder and this crew here.

Sorry to disagree mate, but the NDAs are far from being a joke. They are a very serious matter and crucial to our keeping our customers.

In knocking the company's attitude to shareholders, you forget that the largest shareholders are our founders. Their interests are very much aligned with ours. They do their best to communicate what is going on and a lot of that is shared here. The investor relations manager, Tony Dawe, from what I read here is very approachable and answers whatever he can.

Worrying about NDAs and who are customers are is short term thinking. Over the long term I have confidence that much revenue will be generated simply because our technology is mind-blowingly useful, market-leading and we have an experienced and enthusiastic marketing team out there educating the world about what we have.

 

[Diogenese]

You know you ask brainchip,when are they gunna start to tell us anything reference sales or something measurable,so you can at least try and put a value to the shares and they really don’t give a fat cracker about shareholders,I think they are happy letting the seller if he is a shorter reekhavoc to their company shareprice, it was LDA which was the large seller last time it went to $0.90 and management were delighting it when asked think we are getting screwed over again,the trading patten lately doesn’t indicate a buyer but does a seller they are buying up the cue a couple of cents then dumping into the buyers as they rock up all other trades are just swapping from one hand to the other. I hold a large shareholding and way in front but these NDA’S ARE A JOKE, it’s like trust us until it all goes wrong and they say but we told you nothing,great fan of factfinder and this crew here.

What is your understanding of the legal obligations on the parties to and NDA?

 

[Boab]

What is your understanding of the legal obligations on the parties to and NDA?

Touche'

 

[Iseki]

You know you ask brainchip,when are they gunna start to tell us anything reference sales or something measurable,so you can at least try and put a value to the shares and they really don’t give a fat cracker about shareholders,I think they are happy letting the seller if he is a shorter reekhavoc to their company shareprice, it was LDA which was the large seller last time it went to $0.90 and management were delighting it when asked think we are getting screwed over again,the trading patten lately doesn’t indicate a buyer but does a seller they are buying up the cue a couple of cents then dumping into the buyers as they rock up all other trades are just swapping from one hand to the other. I hold a large shareholding and way in front but these NDA’S ARE A JOKE, it’s like trust us until it all goes wrong and they say but we told you nothing,great fan of factfinder and this crew here.

Sometimes less is more.

A client likes BRN enough to investigate akida. That's gonna cost them money.
BRN helps them inside out. It's gonna take time, our time.
BRN can't say a client is working on some new, experimental thing.
What if they announce something and it takes twice as long to release? The SP will be decimated. How dare BRN get their estimates wrong! That's the way it works.

At least we can take solace in the fact that Google, Facebook, Intel are all spending billions on Neuromorphic chips, and in the fact that they themselves have not said how they will deploy them. (they arne't going into Tesla's are they.) That's how secret they all need to be.

 

[Realinfo]

Something to ponder over the weekend TSE’ers…

There was a young fella who was born without arms, legs, not even a torso…he only had a head. All day long he would lie in his bed listening to other kids playing in the park across the road from his house. He wished and he wished that one day he would be able to join them.
One morning he awoke and felt different. He looked down, and to his astonishment saw that he had arms, legs, a torso…he was just like everyone else. He was so excited, he jumped out of bed, rushed downstairs, out through his front gate, across the road…and was hit by a car and killed.
This goes to show he should have quit while he was a head !!!

For mine others should quit whilst they‘re ahead.

If IBM and Intel want to stay relevant in the world of AI, they should quit spending ridiculous amounts of money on TrueNorth and Loihi, and take out a licence on Akida. They and others trying to discover Peter’s magic pudding risk becoming Kodaks if they don’t quit what they’re doing, and use Akida to power their AI applications.

On a different front, Putin should also quit whilst he’s ahead…if in fact he is. It wouldn’t have escaped NATO, US, India and others notice just how poor the supposed might of Russia is faring against a military minnow. China, a bitter and historic rival of Russia would also be observing this with great interest. Of even more interest to the CCP would be the impact of western economic sanctions on Russia. For mine not only Putin and his cronies will really suffer, but the whole of Russian society and their economy will spin into depression.
The CCP know similar stuff would happen to them if they decided to go on an adventure. Equally, they know their hold on power would quickly become quite tenuous, if large numbers of Chinese society suffered as a result of severe recession caused by western sanctions.

Me myself personally thinks Putin and his Russia are beyond redemption, but that Intel, IBM et al are too smart to not eventually see the light…and join the Akida revolution.

FYI…my stock price forecast for Christmas remains at least $5.00.

 

[Stable Genius]

You know you ask brainchip,when are they gunna start to tell us anything reference sales or something measurable,so you can at least try and put a value to the shares and they really don’t give a fat cracker about shareholders,I think they are happy letting the seller if he is a shorter reekhavoc to their company shareprice, it was LDA which was the large seller last time it went to $0.90 and management were delighting it when asked think we are getting screwed over again,the trading patten lately doesn’t indicate a buyer but does a seller they are buying up the cue a couple of cents then dumping into the buyers as they rock up all other trades are just swapping from one hand to the other. I hold a large shareholding and way in front but these NDA’S ARE A JOKE, it’s like trust us until it all goes wrong and they say but we told you nothing,great fan of factfinder and this crew here.

I disagree with your comments Galaxycar.

I believe Brainchip has assembled a fantastic winning team of professionals at the top of their game, who are working hard to make the company great. They have legal obligations necessary to comply with their NDA’s which are a cornerstone of getting a competitive advantage.
There will come a time when this group of EAPs have produced their leading products announcing Akida is inside and other companies will be scrambling to join them.

I consider this current price is a bargain and have bought as much as I can afford and confidently hold for 5 years without getting anxious over price fluctuations. I could have paid my house off twice a month back but have no interest in selling my shares when their is so much upside ahead and interest rates are so low.
For context I bought my first house when interest rates were 18%.

Every trading day you can buy more, hold or if your not happy you can sell!

I hope if you read all the information available you can appreciate the opportunity ahead….or I could be completely wrong and blow a fortune…but I’m sleeping easy with my decision.

Good Luck

 

[Stable Genius]

Another point for FF list approaching is Nanose reporting date on May 30 2022.

I am hopeful that will be released to market this year with an enormous bang: to include not only covid but some cancer diagnosis.

When that occurs we’ll have to stand back as we won’t know how big it’ll get! (That’s what Adam said to Eve their first time!)

 

[Bravo]

View attachment 2448
My doggy riders club love your thoughts

Eeeuuwwww...

Downvote Mia!!!

 

[alwaysgreen]

I am super hopeful that Megachips relationship with Nintendo will bring us in major revenue.

Nintendo ha sold over 100 million Switches since 2017. About 18 million per year. Say we receive $10 royalties per chip, we are looking @$180 mill per year just from them.

Nintendo likes to do things a little differently to Sony and Microsoft and they have had great success in doing so. I believe AKIDA will be the point of difference for their next gaming platform.

 

[Bravo]

Friday night toons...c'est francais - ma philosophie : Amel Bent


I have but one philosophy
Being accepted the way I am
With strength and smile
Raising my fist toward the future
Lifting my head, bulging my chest
Without stopping intensifying my efforts
Life does not leave me a choice about it
I am the ace that beats the king

(chorus)
Aim at the moon
It does not scare me
Even with time
I still believe in it wholeheartedly
The sacrifices
If I have to, I will make
I have already made several
But always raising my fist
https://lyricstranslate.com

 

[Diogenese]

COTS SOCs

Spiking Neural Networks for onboard Artificial Intelligence | ACT of ESA

27 Jan 2021 — In view of that, the applicability of SNNs to space classification datasets, such as UC Merced Land Use [7] or EuroSAT [8], has to be ...

Towards the Use of Artificial Intelligence on the Edge in Space Systems: Challenges and Opportunities | Semantic Scholar

The proposed solution has the potential to revolutionize Earth observation (EO) and other remote sensing applications, reducing the time and cost to deploy new added value services to space by a great extent compared with the state of the art. The market for remote sensing space-based...

www.semanticscholar.org

Hi Alfie,

When academics talk about spiking neural networks, they are usually talking about analog SNNs using ReRAM/MemRistors.

https://www.esa.int/gsp/ACT/projects/spiking_neural_networks/
In this regard, a solution of potential interest is represented by Spiking Neural Networks (SNNs), which are the third generation of neural networks. Each neuron of an SNN layer accumulates its input current spikes over different timesteps, increasing or decreasing its membrane voltage.

The paper was published in December 2020, and would have been in the pipeline for several months before that.

I think we need to adopt the convention of referring to Akida in terms of "digital" SNN.

 

[Diogenese]

More from ESA:

https://www.esa.int/Enabling_Suppor...car_solved_a_maze_using_spike_neural_networks

A robot car solved a maze using spike neural networks​

11/12/2019517 VIEWS2 LIKES
By using novel computing software that mimics the nervous system a TDE activity has developed a powerful new hardware that opens up the possibility for versatile, fast, low power and noise immune alternatives to state-of-the-art digital processors. The activity tested their processor by building a car capable of solving a simple labyrinth.
The activity, with UNINOVA - CTS and DEIMOS Engenharia in Portugal, wanted to demonstrate how using a new coding technique called spike trains, where a sequence of binary numbers are fed into the processor, a train of zeros and ones, that correspond to ‘spikes’ on or off, could be used to support missions. These spike trains are meant to mimic neuron pathways, which can create an action potential, the spike, a brief electric pulse with an approximate duration of 1 ms. In artificial neuromorphic computing artificial neurons are designed and implemented in software. Non-spiking neural networks have intrinsic limitations, mainly for processing large amount of data or for fast adaptation in an uncertain environment.
Almost all space activities require a huge amount of computer processing, from data analysis to coding the paths of rovers to launching spacecraft. This new spike method could mean that all of these activities are able to cope with larger amounts of information or conduct the processes faster.
Neuromorphic spike controlled car
The new technique means lower power bit coding schemes for control and data processing apparatus, more robust computing and communication in the harsh manufacturing or Space environments and can be used on or off board to support any activity before, during and after any Space or commercial mission.
The activity tested their new technique by operating a small car using the spike computing method. The goal was to develop a robot that would learn how to solve a maze. The car underwent two phases, one where it made mistakes as it learnt how to solve the maze, then another where it was expected to complete the maze by following the correct path from memory every time.
Ultimately, the activity found that in order to take advantages of the benefits of spike computing the devices built need to guarantee good voltage spectral characteristics without incurring unforeseen behaviour elicited by the short-time spike energy.

Imagine being able to train a vehicle to navigate a path using SNN software - wouldn't it be great if you could do it in hardware.

 

[MDhere]

Smart investors still waiting for this to bottom out and base.. BRN history repeating itself over and over.. for the smart ones it's been a great stock over time to increase their holdings.

ive been reading and watching in the sidelines whike away and lovepie to me smells.

 

[MDhere]

On a interesting note , Mercedes are winners. Skoda and Seat should be coming on board as they know they are well behind Mercedes but both want to be Mercedes. Step it up guys, after all we do have an office in SKODA land