BRN Discussion Ongoing

[robsmark]

You seem to be basing your whole argument around revenue in the middle of a chip shortage. Akida is new tech and you have to build a whole new ecosystem to get the tech to work as expected in each application. One size doesn't fit all.

Every slot to manufacture chips in 2023 was filled months ago so even if you figure it out an application today you can't get it manufactured until 2024.

BRN doesn't control it's revenue. It isn't a mining company. BRN is totally dependant on others to come up with applications to use BRN IP. Then when and how many applications they manufacture and sell is up to them not BRN. They won't necessarily tell BRN either. If the application is a success and the chip shortage is over, they'll manufacture more increasing BRN's revenue.

Personally I think the progress in 2022 has been beyond belief. The brand and tech recognition has exploded along with partnerships to put the building blocks in place to roll out Akida globally. Nothing was ever going to happen overnight. If you thought that, it was just inexperience and you live and learn.

Even on HC I was saying it was going to be 2-3 years before you see any significant revenue. On the flipside, an application might pop up next week in which the company has pre-ordered slots and is willing to use them for the application using Akida. It is the nature of the business.

A lot of people don't seem to understand BRN's business model and how it operates. Owning BRN shares is not for the fainted hearted or the inexperienced. There are no guarantees here. The entire ecosystem is fluid and did I mention we're in the middle of a chip shortage not to mention a shipping shortage.

No mate, I’m basing my whole argument around the lack transparency and accountability for shareholders. I’m also trying to gauge the industries appetite for Akida.

This is difficult to do during an eight month company news blackout, in what should be it’s first full year of commercialisation.

 

[alwaysgreen]

I think you will all be happy in joining me with a one finger salute to commemorate the end of today.

 

[Tothemoon24]

So we have self stated holders with decades of experience, seen it all type of attitude & a wealth of knowledge.

Surely with such experience this little dump shouldn’t come as any surprise ….

We went to $2.34 on the back of Mercedes-Benz giving our ip the big tick which was great , since then we have formed incredibly promising ‘partnerships ‘ again great but until more commercial agreements are signed we a vulnerable to all of the ASX variables.


For me it’s a psychological game , I ask myself if if we closed today at $1.60 would I sell , no !!!

Long & strong

 

[Labsy]

Well I recon someone has managed to grab a shed loads of shares today, could this be the same buyer?

Could be buying and selling to themselves....

 

[Deleted member 118]

good question.......I see today as a positive as I still hold (and wont be selling for many years) and I think you may be right that someone is buying

Guess they see an easy opportunity with that gap that needed filling, not sure if it’s been filled yet as that’s way above my knowledge

 

[Deleted member 118]

Could be buying and selling to themselves....

And removed quite a few retail holders at the same time

 

[alwaysgreen]

So we have self stated holders with decades of experience, seen it all type of attitude & a wealth of knowledge.

Surely with such experience this little dump shouldn’t come as any surprise ….

We went to $2.34 on the back of Mercedes-Benz giving our ip the big tick which was great , since then we have formed incredibly promising ‘partnerships ‘ again great but until more commercial agreements are signed we a vulnerable to all of the ASX variables.


For me it’s a psychological game , I ask myself if if we closed today at $1.60 would I sell , no !!!

Long & strong

Totally agree but I would have a lot more peace of mind and be 60 cents closer to my sell price if we closed at $1.60!

I'd also be a lot more pleasant to be around right now. My mood is generally a reflection of my share portfolio!

 

[Labsy]

Could be buying and selling to themselves....

Brn is tightly held ...

 

[Learning]

Looks like I might have misread the room on that one. Lucky it's almost...


View attachment 12798

I normally don't drink until after dinner,
But day like today

Its great to be a shareholder!

 

[Labsy]

And removed quite a few retail holders at the same time

20.9 mill volume today from. 1.7 billion pool?
That's just about 1%
Tightly held. I'm sure there is a valid reason top 20 hasn't been released but time will tell.
Have a good weekend all...

 

[4jct]

So from a practical viewpoint, what can genuine long-term retail investors do?

1/ Don't sell your holdings - it may pay to reconsider using stop/losses at all
2/ Make sure you use your voting rights - Vote with Peter and the board at the next AGM

Not financial advice, just looking at whatever powers a retail investor has. Any more ideas?

Hi RB,
This is what I was alluding to previously.
At some point in the future someone is coming for this company and they are a lot more capable than some of us might know. As small retailers are notoriously bad at voting due to our perceived personal "irrelevance", the thought was that if we were organised into a register with contacts, communication, etc. where we could stay informed and act cooperatively if necessary against any unsuitable action, we might just make a difference. Maybe we could become significant enough to command some sort of communication avenue within our company.
Acquiring shares is easier for the conquerors when there is no unified resistance. Also, the power of these corporations are very far reaching and will definitely be disrupting BODs when the time comes. I'm not bringing into question the integrity of ours, who are doing an amazing job and we are incredibly lucky to be involved in this great company, it's just that this has been happening from the beginning of corporate time and our company isn't likely to be exempt .
Who knows how many shares we could gather together but I do know that united we stand.......

 

[mkm109]

Damn-o-lam! Everyone's an expert nowadays. So who do *you* think Citibank is working for? And don't hold back!!

I don’t know. It’s got nothing to do with the fact that the ASX is closed on Saturday, which is all I was sayin.

May be Dolce or someone else can share some of the broker data and show us what really took place today.
How much of the volume was just churn and who ended up gaining or selling shares?

 

[Fullmoonfever]

I normally don't drink until after dinner,
But day like today
View attachment 12809
Its great to be a shareholder!

Learning,

I'm not truly impressed unless you tell me what looks like a robo vac on the floor has Akida in it

 

[Potato]

good question.......I see today as a positive as I still hold (and wont be selling for many years) and I think you may be right that someone is buying

Is Andreas buying?

 

[Cardpro]

Big difference when a stock is been artificial held down by illegal coordinated short campaigns and trading bots. It stifles organic growth. Though the company only has itself to blame here imo, as they do sweet FA to invigorate investors. Podcasts and LinkedIn posts don’t stimulate a SP, revenue and evidence of further commercialisation does:

I want to know:

- What revenue they are expecting in the coming 4 quarters based on current contracts?
- How many companies remain in the EAP (which started more than 2 years ago)?
- How many started out for that matter (specifically, not just a couple of dozen)?
- How far progressed are they into their testing?
- What is the industry distribution amongst these participants?
- Who are the current top 20 holders?

2022 was promised to me a huge year for Brainchip, but let’s be honest - it’s been piss poor. Other than Mercedes (which I believe was last year) we’ve heard nothing. Revenue is still shit. Shareholder engagement is shocking. I understand we have NDA, but imo the above information would’nt breach anything. Hell, I’ve heard more from Mercedes directly than I’ve heard from the company which I have loyally supported for the past few years.

My patience is running thin.

We didnt even hear about the Mercedes from the Brainchip management, it was Mercedes themselves and the media spreading the news. Other than forming partnerships, all I noticed was removal of the ford reference from the ppt slides without any explanation and providing no updates on any of the eap customers or progress other than one of them dropping out (again no explanation).

Although I will continue to hold as I do believe that our tech have heaps of potential and as I am quite happy where company is headed, it almost feels like they are not spending much attention to short/mid term share price given they got enough cash already. I get its not their main focus to keep retail investors happy, but I think they should try a bit more...

 

[robsmark]

We didnt even hear the Mercedes from Brainchip, it was Mercedes themselves. Other than forming partnerships, all I noticed was removal of the ford reference from the ppt slides without any explanation and providing no updates on any of the eap customers or progress other than one of them dropping out (again no explanation).

Although I will continue to hold as I do believe that our tech have heaps of potential and as I am quite happy where company is headed, it almost feels like they are not spending much attention to short term share price given they got enough cash already.

Nailed it. Very irresponsible in my opinion.

 

[Foxdog]

Pays to remember we are only 7/12ths through 2022. Two more 4C's to come, in which real revenue should start showing. 2022 could still be a cracker of a year.

On another note, I don't think there is anything close to AKIDA out there - it's unique and will be the 'must have' tech for many companies, including our multi-billion dollar competitors. These same companies will be working out how to acquire our tech as their own. I'm with YAK on this one - our management team must aggressively protect shareholders interests and thwart any future takeover attempts. A bit of timely news to burn the shorts would be a good place to start.

 

[Diogenese]

You seem to be basing your whole argument around revenue in the middle of a chip shortage. Akida is new tech and you have to build a whole new ecosystem to get the tech to work as expected in each application. One size doesn't fit all.

Every slot to manufacture chips in 2023 was filled months ago so even if you figure it out an application today you can't get it manufactured until 2024.

BRN doesn't control it's revenue. It isn't a mining company. BRN is totally dependant on others to come up with applications to use BRN IP. Then when and how many applications they manufacture and sell is up to them not BRN. They won't necessarily tell BRN either. If the application is a success and the chip shortage is over, they'll manufacture more increasing BRN's revenue.

Personally I think the progress in 2022 has been beyond belief. The brand and tech recognition has exploded along with partnerships to put the building blocks in place to roll out Akida globally. Nothing was ever going to happen overnight. If you thought that, it was just inexperience and you live and learn.

Even on HC I was saying it was going to be 2-3 years before you see any significant revenue. On the flipside, an application might pop up next week in which the company has pre-ordered slots and is willing to use them for the application using Akida. It is the nature of the business.

A lot of people don't seem to understand BRN's business model and how it operates. Owning BRN shares is not for the fainted hearted or the inexperienced. There are no guarantees here. The entire ecosystem is fluid and did I mention we're in the middle of a chip shortage not to mention a shipping shortage.

If the chip manufacturing slots are as rare as all that, we could auction off the slots we had reserved with TSMC after the first Akida commercial production run.

 

[buena suerte :-)]

Bad end to the week Chippers $$$ it happens .... be kind and stay healthy ..... enjoy ya weekend ...

 

[Learning]

Learning,

I'm not truly impressed unless you tell me what looks like a robo vac on the floor has Akida in it

FMF,

The 1000 eyes,

When I can confirm Akida is in one, I will have it the house.

Its great to be a shareholder!