BRN Discussion Ongoing

[Diogenese]

Hi Diogenese, my comments are largely BRN spefific.
In our case IMO the key is pre and post deal and not pre and post revenue because deals create expectations rather than cash.
The cash can take a while to roll in from a signed deal even though we know its coming.
The recent LDA arrangement shows we have the ability to draw up to $A140 mill. If deals are complex, cash inflow is slow and we want rapid growth including maybe a small relevant acquisition or 2 we may need to access a chunk of the LDA cash???
IMO the uptrend will commence on decent deals and dilution will not be much of an issue as the call notice/share will be in the $$ and not cents.
Summary of chart
The long term downtrend started from Jan'22 and pretty much ran out of puff in Jan'22. Trends do not last forever.
Donchian 250 days channel shows that long term lower highs have ceased as well as lower lows.
So IMO we are in a range after the downtrend.
Ranges do not last forever either so we will either see a break to the upside or downside.
We are pre revenue. We are pre deal and closing in on deal completion and good new news on that front should see a break to the upside from the range.

View attachment 75915

I guess my question was really "can you interpret the chart for a pre-revenue company in the same way as the chart of a going concern?"

In the past year, we really haven't had any bad news, and we've had a fairly consistent stream of good news. So, assume we had a continuous flow of better than break-even cash during the period, would we expect the same slide?

Or suppose we were a minerals explorer with a comparable flow of good news ...?

We had our first strike gold tenament coming into production with a couple of offtake agreements, and then we made a second much larger find with a whole lot more undisclosed but strongly rumoured offtake agreements for the first strike strongly indicated to be progressing to completion.

On top of that our mineral, well gem really, has proven to be worth more than twice the whole combined palladium/platinum/gold/silver index.

As we've all known, the ASX is more familiar with banks and mines and grocery shops than hi tech. While ChatGPT has raised the profile of AI, I'm not sure that he ASX understands the relevance of Akida. After all BRN has only recently emerged as a RAG-enabled small LLM processor, but that has not registered any Ricthers on the ASX seismometer.

 

[7für7]

I guess my question was really "can you interpret the chart for a pre-revenue company in the same way as the chart of a going concern?"

In the past year, we really haven't had any bad news, and we've had a fairly consistent stream of good news. So, assume we had a continuous flow of better than break-even cash during the period, would we expect the same slide.

Or suppose we were a minerals explorer with a comparable flow of good news ...?

We had our first strike gold tenament coming into production with a couple of offtake agreements, and then we made a second much larger find with a whole lot more undisclosed but strongly rumoured offtake agreements for the first strike strongly indicated to be progressing to completion.

On top of that our mineral, well gem really, has proven to be worth more than twice the whole combined palladium/platinum/gold/silver index.

As we've ll known, the ASX is more familiar with banks and mines and grocery shops than hi tech. While ChatGPT has raised the profile of AI, I'm not sure that he ASX understands the relevance of Akida. After all BRN has only recently emerged as a RAG-enabled small LLM processor, but that has not registered any Ricthers on the ASX seismometer.

Do you mean…. Brainchip should change the business to a mining company ??

 

[FiveBucks]

@SERA2g it would need to be more than a few to interest anyone with a reasonable holding imo.

3 bucks?

PVDM will be $450 million dollars (ish) richer. Not a bad little legacy to leave his family.

I'd take $3 at this point. I had dreams of selling at $10 but that seems way off at this point.

 

[Bravo]

Good Afternoon Chippers,

Found the second page rather tittelating.

RTX 2023 Annual Report... big download , so may require a savey Chipper to copy said page.
Thankyou in advance.
On my phone and can't for the life of me figure out how. .

Be thinking my price indicater , RockerRothsGettyFellerChild, last price estimate of $7.117 per BRN share needs to be SUBSTANTIALLY UPGRADED.

https://investors.rtx.com/financial-information/annual-reports

Remember, we only need to clip 0.25% ( give or take , preferably more take ) of gross net sales to be extremely happy.

Thought this should also be added , though perhaps start on the cheaper bubbles first.
Alot of people get hospitalised annually from champagne related injuries, so don't f%#@around, serious stuff.



Regards,
Esq.

 

[charles2]

3 bucks?

PVDM will be $450 million dollars (ish) richer. Not a bad little legacy to leave his family.

I'd take $3 at this point. I had dreams of selling at $10 but that seems way off at this point.

Three bucks!!

The tech world is gaining momentum as it speeds to the edge and neuromorphic architecture. Low power demands, high security, compact, on chip learning, patents, speed, TENNs.....a minor threat to the dominance of Nvidia (at this point)...ideal for phones and space and much else.

And you want to cut bait at 3 bucks.

This train is just leaving the station.

Brainchip could be 3 bucks with one good RTX announcement.

Think $50

And when we get there, think again.

 

[manny100]

Three bucks!!

The tech world is gaining momentum as it speeds to the edge and neuromorphic architecture. Low power demands, high security, compact, on chip learning, patents, speed, TENNs.....a minor threat to the dominance of Nvidia (at this point)...ideal for phones and space and much else.

And you want to cut bait at 3 bucks.

This train is just leaving the station.

Brainchip could be 3 bucks with one good RTX announcement.

Think $50

And when we get there, think again.

The BOD would decide whether to recommend any offer of takeover.
Part of their strategy has been to create our own 'white knight' who would come to our rescue to save us from a low ball takeover.
The white knight is our level of inside holdings.

 

[7für7]

3 bucks?

PVDM will be $450 million dollars (ish) richer. Not a bad little legacy to leave his family.

I'd take $3 at this point. I had dreams of selling at $10 but that seems way off at this point.

Right??? Five bucks?

 

[SERA2g]

@SERA2g it would need to be more than a few to interest anyone with a reasonable holding imo.

Agree, just don't use figures with that stuff anymore because the last time I did that, I had fk wits like Shareman quoting posts of mine from 18 months prior in an effort to invalidate my current opinion or thoughts. Lol!

 

[Diogenese]

The BOD would decide whether to recommend any offer of takeover.
Part of their strategy has been to create our own 'white knight' who would come to our rescue to save us from a low ball takeover.
The white knight is our level of inside holdings.

I'd imagine there would be a bidding war.

 

[SERA2g]

3 bucks?

PVDM will be $450 million dollars (ish) richer. Not a bad little legacy to leave his family.

I'd take $3 at this point. I had dreams of selling at $10 but that seems way off at this point.

Username does not check out.

How about $5?

 

[JDelekto]

With luck the early M.2's will be collectors items some time in the future.
Did you pick the E key or the other B+M?

I also have the PCIe board, which I put into a small form-factor Dell that I purchased from a site that refurbished business machines. It was a lot more affordable than the shuttle PC, and hopefully, it too will be a collector's item.

I chose the B+M key for the M.2 board --unfortunately, the Raspberry Pi 3B that I have doesn't have an M.2 slot, so I would have to upgrade if I wanted the poor man's shuttle PC and Raspberry Pi with Akida on board. For now, I was hoping to add it to the PC's M.2 slot if both the PCIe and it will coexist, thus my inquiry with BrainChip.

The only thing about the arrangement is that I needed an Ubuntu Linux distribution to use the PCIe card. I want a PCIe driver for Windows 10/11 for either device, since I am most comfortable developing on those platforms. To that end, I have been working in conjunction with ChatGPT to try and port the Linux driver that BrainChip has in their GitHub repo to use the Windows Kernel Mode Driver Framework.

At this point, I need to prepare an SSD to swap out the Linux installation with Windows and Visual Studio to test and debug the driver. This is my first attempt at actually writing a driver, so it's been an educational journey, to say the least.

 

[TheDon]

$3? $50? I believe in the 10x microsoft. We a very unique tech. So IMO 1k or more is just beyond the horizon

TheDon

 

[Cirat]

I also have the PCIe board, which I put into a small form-factor Dell that I purchased from a site that refurbished business machines. It was a lot more affordable than the shuttle PC, and hopefully, it too will be a collector's item.

I chose the B+M key for the M.2 board --unfortunately, the Raspberry Pi 3B that I have doesn't have an M.2 slot, so I would have to upgrade if I wanted the poor man's shuttle PC and Raspberry Pi with Akida on board. For now, I was hoping to add it to the PC's M.2 slot if both the PCIe and it will coexist, thus my inquiry with BrainChip.

The only thing about the arrangement is that I needed an Ubuntu Linux distribution to use the PCIe card. I want a PCIe driver for Windows 10/11 for either device, since I am most comfortable developing on those platforms. To that end, I have been working in conjunction with ChatGPT to try and port the Linux driver that BrainChip has in their GitHub repo to use the Windows Kernel Mode Driver Framework.

At this point, I need to prepare an SSD to swap out the Linux installation with Windows and Visual Studio to test and debug the driver. This is my first attempt at actually writing a driver, so it's been an educational journey, to say the least.

Did anyone purchase an M.2 board and ship it to Australia? When I went to place an order it gave a shipping fee of $200 (which is also probably USD also but i need to double check.). !!!

Yep, double checked and the price is $449 USD on checkout !

 

[Fullmoonfever]

Did anyone purchase an M.2 board and ship it to Australia? When I went to place an order it gave a shipping fee of $200 (which is also probably USD also but i need to double check.). !!!

Just ask Sean to bring it with him when he comes over for the AGM. Can give it to you then or post it locally at least

 

[manny100]

I guess my question was really "can you interpret the chart for a pre-revenue company in the same way as the chart of a going concern?"

In the past year, we really haven't had any bad news, and we've had a fairly consistent stream of good news. So, assume we had a continuous flow of better than break-even cash during the period, would we expect the same slide.

Or suppose we were a minerals explorer with a comparable flow of good news ...?

We had our first strike gold tenament coming into production with a couple of offtake agreements, and then we made a second much larger find with a whole lot more undisclosed but strongly rumoured offtake agreements for the first strike strongly indicated to be progressing to completion.

On top of that our mineral, well gem really, has proven to be worth more than twice the whole combined palladium/platinum/gold/silver index.

As we've ll known, the ASX is more familiar with banks and mines and grocery shops than hi tech. While ChatGPT has raised the profile of AI, I'm not sure that he ASX understands the relevance of Akida. After all BRN has only recently emerged as a RAG-enabled small LLM processor, but that has not registered any Ricthers on the ASX seismometer.

Yes, I see your point.
Just a few random calcul

I guess my question was really "can you interpret the chart for a pre-revenue company in the same way as the chart of a going concern?"

In the past year, we really haven't had any bad news, and we've had a fairly consistent stream of good news. So, assume we had a continuous flow of better than break-even cash during the period, would we expect the same slide.

Or suppose we were a minerals explorer with a comparable flow of good news ...?

We had our first strike gold tenament coming into production with a couple of offtake agreements, and then we made a second much larger find with a whole lot more undisclosed but strongly rumoured offtake agreements for the first strike strongly indicated to be progressing to completion.

On top of that our mineral, well gem really, has proven to be worth more than twice the whole combined palladium/platinum/gold/silver index.

As we've ll known, the ASX is more familiar with banks and mines and grocery shops than hi tech. While ChatGPT has raised the profile of AI, I'm not sure that he ASX understands the relevance of Akida. After all BRN has only recently emerged as a RAG-enabled small LLM processor, but that has not registered any Ricthers on the ASX seismometer.

Yep, see your point, no sure things in markets.
Just a few calculations for fun.
If in a ??? years we make revenue of $1 billion. Sean said we would make around 90% margin on an IP model. Say after R & D etc we make a conservative 70% margin???
Circa $700 mill net for circa 2 billion shares = circa EPS of 35 cents a share.
A growth stock like BRN would expect a very minimum PE ratio of 30 and at times of excess exuberance reach 50 plus. NVIDIA currently 52.5 PE.
A PE of 30 on EPS of 35 cents would see a share price of $10.50.
A PE of 50 on EPS of 35 cents would see a share price of $17.50.
Tony Lewis at the Gadget Guy interview at the CES'25 when asked where we will be in 5 years said words like 'in everything'. Obviously a throwaway comment but we should do ok.
Sean said in a presentation some time ago that we aimed to become one of the top 2 or 3 leaders in a huge 'Edge' Industry. If this is the case $1 billion should be way to conservative.
I can only guess what our revenue figures will or could be and how long it will take for the $ to roll in.
Sean said a 90% margin for IP. I can only guess 70% may be more appropriate - but he is the expert not me.
The market will make its own assumptions as to BRN value.
I use these sorts of calcs amongst others as part of my personal BRN investment criterion. I make my own assumptions which are not necessarily displayed above.
Amongst other things i also check with BRN as to whether their own 'Why Invest' reasons remain intact.

 

[manny100]

I'd imagine there would be a bidding war.

Yep, and very deep pockets would be bidding.

 

[Taproot]

Hiya

I came here to post the same.

Left to Right:

Steve Thorne, Brainchip, VP of Sales
JP Wright, Brainchip, Regional Sales Manager
Bryce Nakamori, RTX Corporation, University Program Manager - https://www.linkedin.com/in/bryce-nakamori-5b55b939/
Sylvia Traxler, RTX, Sr Principal Software Engineer - https://www.linkedin.com/in/sylviaatraxler/
Geoff Martin, Raytheon Technologies, Strategic Engagements and Tech Solutions Manager - https://www.linkedin.com/in/geoff-martin-058500b/

Hi @SERA2g
Where did you find the info regarding the 3 RTX guys standing in the BrainChip CES Suite ?
Was it from Linkedin ?
Has that post since been removed ?

 

[Fullmoonfever]

Hi @SERA2g
Where did you find the info regarding the 3 RTX guys standing in the BrainChip CES Suite ?
Was it from Linkedin ?
Has that post since been removed ?

Someone at the other place said earlier they believed it has removed from the SM posts.

 

[Taproot]

Someone at the other place said earlier they believed it has removed from the SM posts.

SM ?

 

[Bravo]

I kept this Linkedin screenshot.

Not sure if I should delete it?