BRN Discussion Ongoing

mcm

Regular
yes I think you’re right, they probably had $3.4m in receivables. Which if correct shows how much revenue is escalating
I remember what excitement there was when the last 4C showed revenue just in excess of 1M and how it caused a nice spike in the SP. Makes today's SP action hard to fathom.
 
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Xhosa12345

Regular
opening debtors 100K (note 9)
plus revenue 4.8M (this is 6 month revenue? if so i fukdup earlier i thought it was 12 months)
less closing debtors 2.5M
=cash
=2.4M
but you are right, there appears to be a $1M gap?

ill need to read back through to make sure i aint missed something....

ok think ive found the million buks gap - at December there was deferred revenue of 940K on balance sheet which is now gone, so ill restate above:

opening debtors 100K (note 9)
plus revenue (accrual) 4.8M
less deferred revenue movement ($900K)
less closing debtors (2.5M)
=cash movement (cash received from customers) = 1.5M (which give or take ties into the 4c)

all good!
 
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buena suerte :-)

BOB Bank of Brainchip
I remember what excitement there was when the last 4C showed revenue just in excess of 1M and how it caused a nice spike in the SP. Makes today's SP action hard to fathom.
Shorters in panic mode!!?? Knowing BRN are gaining traction :cool:
alarm amber alert GIF
 
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Lex555

Regular
I think the growth will be exponential
For me, this report means a lot...
Given our technology is validated already, I just wanted further assurance that it's actually marketable (not for research but real $$$)... and I can also see the revenue from providing service has also nearly doubled which I see it as more customer engagements for product development/ integration...
Good point on service revenue doubling, this can be seen as a forward indicator for revenue, so a chance receivables will double too
 
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Proga

Regular
I remember what excitement there was when the last 4C showed revenue just in excess of 1M and how it caused a nice spike in the SP. Makes today's SP action hard to fathom.
And how wrong everyone was. That wasn't the actual revenue figure for the qtr. Just the cash receipts from previous revenue. Could have been from last year.

The only thing we do know is the revenue for the last 6 months is $4.8m which is the only figure we need to concentrate on. Which also means the 4c's don't really tell us much about revenue unless cash receipts from customers has jumped significantly higher than the last 6 month reported revenue figure.
 
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Xhosa12345

Regular
And how wrong everyone was. That wasn't the actual revenue figure for the qtr. Just the cash receipts from previous revenue. Could have been from last year.

The only thing we do know is the revenue for the last 6 months is $4.8m which is the only figure we need to concentrate on. Which also means the 4c's don't really tell us much about revenue unless cash receipts from customers has jumped significantly higher than the last 6 month reported revenue figure.

"look at the financials- that was the advice!"

but cash is king - especially in this environment - so the 4Cs are super important
 
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Deadpool

hyper-efficient Ai
Hey Team,

Check this out! I'd been meaning to follow up on my previous speculations (shhhh..please don't tell @uiux that I was speculating) about any possible connections we may have with AEye and I was just flicking through some of their investor information and I came across this Leadership Team slide. And what caught my attention, a bit like a brick falling unexpectedly out of the sky and hitting me on my noodle, was that the team consists of a person called Bernd Reichert.

Now if you look a little closer at Bernd you will discover that he used to work at Valeo. And if you dig a little deeper (as I most assuredly did), I discoverd he was appointed by AEye from Valeo on 27 July 2021 as Senior Vice President of ADAS. Leaving no stone unturned I then looked for the announcement of Bernd's appointment and discovered some information that is making feel a teensy bit excited (excited is actually a MASSIVE understatement but don't tell U-bby I said that)!

Anyway I have underlined some information that I think you might find interesting and I will leave it to all of you, my brainiac friends from far and wide, to draw your own conclusions.

B 💋

View attachment 14846


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Not sure what's happening @Bravo but my pants have gone tight? and a wet spot has appeared.
Good work
erection GIF
 
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Pmel

Regular
Very Very frustrating to see most of the market green and brainchip down. When will these shorters or accumulators let it go and rise.
 
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Cardpro

Regular
Very Very frustrating to see most of the market green and brainchip down. When will these shorters or accumulators let it go and rise.
To be honest, I was also shocked, but IMO it will go back up soon and hopefully it will go back to at least $1.20 level and perhaps higher if we get more announcements 😉
 
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gex

Regular
Interested to see overseas markets
 
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This is correct.

Based on past releases about $2 million OF the $4.8 million is unexplained and attributable predominately to licence fees.

As $2 million is a substantial amount if it has arisen from a licence/s for AKIDA technology directly entered by Brainchip with a customer/s there is no NDA known to man that would sideline the obligation of Brainchip to make a price sensitive announcement on the ASX. There has been no announcement ask Rocket if you want confirmation of this fact.

Logic therefore suggests that MegaChips is the most likely source of this additional licence fee or fees as its agreement allowed for it to sell licences of the AKIDA IP.

The unknown is how many licences and who are the customers.

We know Renesas paid around $500,000 to licence 2 nodes of AKIDA IP.

We know MegaChips paid somewhere from $1.5 million to $2 million for a full AKD1000 IP licence.

As AKIDA IP is scalable in this fashion then the $2 million could be four (4x) sales of $500,000 or one (1x) sale of $2 million.

However we need to remember MegaChips is providing all the resources to achieve the sale and service the customers so they must be receiving a fee or a percentage of each licence they sell. We have not been given the details of this financial arrangement.

So if they are receiving fifty percent of the fee to cover their services and remitting the balance to Brainchip then the potential customer payments remitted rise to eight x $250,000 or two x $1 million or other combinations thereof.

These numbers are based on logic and fact nothing more but in my opinion need to be considered seriously in assessing the potential significance of this report.

My opinion only DYOR
FF

AKIDA BALLISTA
So everyone has been around the bush to come back to where I was above.

There was an unexpected additional 2 million dollars in revenue which the Company tells us in the half yearly report is primarily achieved from additional licence fees.

I have stated my opinion on where these licence fees could come from in the above post.

For those who do not remember it was disclosed by MegaChips that they had spent time before the IP agreement was finalised to train their engineering staff so that they could completely service their customer base with the design and implementation of AKIDA IP.

Big tick number one to Brainchip as this releases Brainchip engineers for other things and does not require additional staff and the associated on costs.

MegaChips far from shuffling papers has taken on the role of advertising and promoting AKIDA to its long established customer base which includes Nintendo and Sanyo thereby lending their credibility to the AKIDA IP a hugely valuable commodity for a startup from Australia selling revolutionary one of a kind technology in competition with the likes of Nvidia, Intel and IBM.

Second tick for Brainchip no cost associated with this or any need to deploy staff as MegaChips are doing it all.

My suggestion that MegaChips might be receiving fifty percent of the licence fee for doing all the above is perfectly reasonable, in fact as the real money is, as stated by Brainchip, to be made from the ongoing royalties I could easily make out a case that giving MegaChips the full licence fee is a great deal if they end up delivering Nintendo and Sanyo.

As for why it is a given that Brainchip would have to announce the IP licence/s if they entered them directly with the customer I would say that to an experienced investor this is obvious because the ASX rules require material agreements to be announced to the market.

Material relates to the particular company’s situation.

The CBA signing a contract for $2 million is not material to its billion dollar bottom line. In fact it would probably not even pay for the tea and coffee for staff each quarter and as such clearly would not move shareholder sentiment or affect CBA’s share price.

Where a company like Brainchip is concerned however a $2 million IP licence/s being close to half of its first half year revenue is obviously material no ‘ifs buts or maybes’. As such no getting around it it would have to be announced.

My opinion only DYOR
FF

AKIDA BALLISTA
 
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Fox151

Regular
So everyone has been around the bush to come back to where I was above.

There was an unexpected additional 2 million dollars in revenue which the Company tells us in the half yearly report is primarily achieved from additional licence fees.

I have stated my opinion on where these licence fees could come from in the above post.

For those who do not remember it was disclosed by MegaChips that they had spent time before the IP agreement was finalised to train their engineering staff so that they could completely service their customer base with the design and implementation of AKIDA IP.

Big tick number one to Brainchip as this releases Brainchip engineers for other things and does not require additional staff and the associated on costs.

MegaChips far from shuffling papers has taken on the role of advertising and promoting AKIDA to its long established customer base which includes Nintendo and Sanyo thereby lending their credibility to the AKIDA IP a hugely valuable commodity for a startup from Australia selling revolutionary one of a kind technology in competition with the likes of Nvidia, Intel and IBM.

Second tick for Brainchip no cost associated with this or any need to deploy staff as MegaChips are doing it all.

My suggestion that MegaChips might be receiving fifty percent of the licence fee for doing all the above is perfectly reasonable, in fact as the real money is, as stated by Brainchip, to be made from the ongoing royalties I could easily make out a case that giving MegaChips the full licence fee is a great deal if they end up delivering Nintendo and Sanyo.

As for why it is a given that Brainchip would have to announce the IP licence/s if they entered them directly with the customer I would say that to an experienced investor this is obvious because the ASX rules require material agreements to be announced to the market.

Material relates to the particular company’s situation.

The CBA signing a contract for $2 million is not material to its billion dollar bottom line. In fact it would probably not even pay for the tea and coffee for staff each quarter and as such clearly would not move shareholder sentiment or affect CBA’s share price.

Where a company like Brainchip is concerned however a $2 million IP licence/s being close to half of its first half year revenue is obviously material no ‘ifs buts or maybes’. As such no getting around it it would have to be announced.

My opinion only DYOR
FF

AKIDA BALLISTA
Thankyou for coming back Fact. Whilst we don't NEED you to post, you do have a way with words and a knack for simplification.
 
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Wags

Regular
I've been gobsmacked all day that such a positive report could have such an impact on the ASX today and why. Alas, I'm no further advance to a suggestion.
I'm hopeful of a big green day for us tomorrow, after the oversea's markets get their chance tonight, which in turn spurs on a frenzy of activity tomorrow, with the shorters having to buy back in, in a hurry.
 
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There is a $3.4m dollar gap between the reported revenue of the last two 4c's and the half yearly.

from the last 4c - receipts from customers. Do they include accruals in the 4c's

View attachment 14842
It says statement of cash flows so I would guess not…
 
I remember what excitement there was when the last 4C showed revenue just in excess of 1M and how it caused a nice spike in the SP. Makes today's SP action hard to fathom.
It's not hard to fathom at all, mcm..

Don't worry about the share price, when we're getting results like this.

The Market isn't honest, but when forced to, it tells the truth. 😉
 
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Foxdog

Regular
I've been gobsmacked all day that such a positive report could have such an impact on the ASX today and why. Alas, I'm no further advance to a suggestion.
I'm hopeful of a big green day for us tomorrow, after the oversea's markets get their chance tonight, which in turn spurs on a frenzy of activity tomorrow, with the shorters having to buy back in, in a hurry.
Perhaps the market just needs a more obvious indication of what AKIDA can do. For us it's a great report but for those who know nothing about the technology it'll take a customer announcement to wake up the masses. I think this is still too 'speculative' for most. To avoid frustration it's best to understand that we see into the future through the 1000 eyes, others (most) aren't as privileged.

It's all good though, we're on the right track and opportunities to position oneself favourably will still present 👍
 
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Sirod69

bavarian girl ;-)
Hey Team,

Check this out! I'd been meaning to follow up on my previous speculations (shhhh..please don't tell @uiux that I was speculating) about any possible connections we may have with AEye and I was just flicking through some of their investor information and I came across this Leadership Team slide. And what caught my attention, a bit like a brick falling unexpectedly out of the sky and hitting me on my noodle, was that the team consists of a person called Bernd Reichert.

Now if you look a little closer at Bernd you will discover that he used to work at Valeo. And if you dig a little deeper (as I most assuredly did), I discoverd he was appointed by AEye from Valeo on 27 July 2021 as Senior Vice President of ADAS. Leaving no stone unturned I then looked for the announcement of Bernd's appointment and discovered some information that is making feel a teensy bit excited (excited is actually a MASSIVE understatement but don't tell U-bby I said that)!

Anyway I have underlined some information that I think you might find interesting and I will leave it to all of you, my brainiac friends from far and wide, to draw your own conclusions.

B 💋

View attachment 14846


View attachment 14850

View attachment 14852







thanks @Bravo, interesting man, this Bernd Reichert, of course I had to look at him right away and found him applauding

Markus Schäfer
Markus Schäfer• Follower:inMitglied des Vorstands der Mercedes-Benz Group AG, Chief Technology Officer, Entwicklung & Einkauf16 Std. • vor 16 Stunden


It’s not every day you are invited to travel in a high-level delegation to Canada alongside German Chancellor Olaf Scholz and Vice Chancellor Robert Habeck.

Even more exciting, however, is the reason for this journey: at Mercedes-Benz AG we are stringently following our plan to find new ways to responsibly acquire raw materials to rapidly increase the production of electric vehicles – and we’ve found them!
Intensive workshops with the Canadian government, federal and local authorities, mine operators and environmental organisations have brought us one step closer to securing MercedesBenz’s raw material needs for the #future!

To explore deeper co-operation across all stages of the automotive value chain, Mercedes-Benz and the Government of Canada have today signed a Memorandum of Understanding to advance opportunities across Canada’s electric vehicle supply chain, including securing sustainable sources of raw materials. Thank you Justin Trudeau & François-Philippe Champagne for the exciting exchange. I’m looking forward to expanding our work together.

And that's not all: in this context, we plan to explore a strategic partnership with Rock Tech Lithium, which will allow us to supply our vendors with lithium hydroxide to meet global demand for battery electric vehicles. If #quality and #sustainability benchmarks are met, Rock Tech can play a key role in helping us to mass produce zero-emission vehicles.

Honestly, I couldn’t be happier that we have found such strong and capable partners to break new ground in a new era of sustainable #transformation for our industry!

If an agreement is reached it could mark a decisive step for the supply of high-quality lithium to be processed in Germany. And it was only the first step of many to follow in the course of our mission to secure raw materials directly – so stay tuned for more!
 
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Sirod69

bavarian girl ;-)
Are chip stocks in demand again?
AMD - Advanced Micro Devices, BrainChip Holdings, NVIDIA Stock

24.08.22

BRAINCHIP HOLDINGS - TOP SHAREHOLDERS AND US UNIVERSITIES
The semiconductor company BrainChip Holdings (WKN: A14Z7W ISIN: AU000000BRN8 Ticker: 24Y) has caused a stir in the chip and automotive industry with the announcement of its cooperation with Mercedes Benz on the EQXX. This is also reflected in the shareholder structure and institutional investors have bought the shares. With approx. 10.03%, the Citicorp Nominees from Australia has the most individual shares, ahead of the computer specialist and multi-millionaire Peter Adrian van der Made with 9.12%. In third, fourth and fifth place are the financial institutions Merrill Lynch (Australia) with 5.54%, HSBC Custody (Australia) with 4.67% and BNP Paribas (Australia) with 4.33%.

The share has long since arrived on the radar of large investors, who are certainly holding the share primarily for long-term strategic reasons. Brainchip's innovative high-performance processor has an enormous advantage over the competition. It is energy-saving and, thanks to the neuromorphic architecture, can solve arithmetic tasks faster and learn independently. However, after the stock price exaggerated in January 2022, the stock bounced back by around 69% and has stabilized between EUR 0.52 and EUR 0.78 in the last few months. The price is currently quoted at EUR 0.66. From September, however, more attention could come again, because then Brainchip will start the University AI Accelerator Program. Five US universities with AI institutes will be equipped with the AKD1000 processor on a Linux base system and should gain experience and expand the later possible applications.

 
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During my sabbatical I was reading about Putins use of mercenaries in Ukraine and it occurred to me that shorters and manipulators have a great deal in common with mercenaries, This thought progressed on and I have compiled the following which some might find of interest. Please note that the definitions are taken from various websites and articles after canvassing multiple definitions in each category to see if there was one which largely expressed what might be considered a commonly accepted definition.



  • 1. What is a mercenary:
  • A mercenary, sometimes known as a soldier of fortune or hired gun, is a private individual, particularly a soldier, who takes part in military conflict for personal profit, is otherwise an outsider to the conflict, and is not a member of any other official military.[1][2] Mercenaries fight for money or other forms of payment rather than for political interests. Beginning in the 20th century, mercenaries have increasingly come to be seen as less entitled to protections by rules of war than non-mercenaries. The Geneva Conventions declare that mercenaries are not recognized as legitimate combatants and do not have to be granted the same legal protections as captured service personnel of the armed forces.[3] In practice, whether or not a person is a mercenary may be a matter of degree, as financial and political interests may overlap
  • (My thoughts: When you think about the very early days of the stock market and the tulip bulb bubble being a shorter and manipulator just like being a mercenary was seen as a perfectly legitimate way to make money. There were no rules and no regulators. As time has progressed this has changed and while the regulators and rules are less than satisfactory like the rules that have grown up around mercenaries they have largely removed legal protections and outlawed the practice of market manipulation though it still like being a mercenary is unfortunately considered a legitimate way to make money.)


2. What Is a Trader?

“A trader is an individual who engages in the buying and selling of financial assets in any financial market, either for themself or on behalf of another person or institution. The main difference between a trader and an investor is the duration for which the person holds the asset. Investors tend to have a longer-term time horizon, while traders tend to hold assets for shorter periods of time to capitalize on short-term trends.

KEY TAKEAWAYS

  • Traders are individuals who engage in the short-term buying and selling of an equity for themselves or an institution.
  • Among the drawbacks of trading are the capital gains taxes applicable to trades and the costs of paying multiple commission rates to brokers.
  • Traders can be contrasted with investors, who seek long-term capital gains rather than short-term profits.
  • Scalp traders, for example, hold positions for as little as a few seconds. Swing traders, on the other hand, seek positions that are held from several days to several weeks.”
(My thoughts: Traders are a legitimate part of the market and while they do not attempt to manipulate others to achieve their trading ambitions are to be encouraged as they will provide liquidity necessary for a market to function.)


3. What is a Profiteer


“The meaning of PROFITEER is one who makes what is considered an unreasonable profit especially on the sale of essential goods during times of emergency.

Profiteers make or seek to make an excessive or unfair profit, especially illegally or in a black market.”

(My thoughts: I am sure you would have heard the term as it very often associated with those who as the above states are profiting from times of emergency such as war. When people are panicked, and fearful profiteers buy up goods to create a scarcity then using this scarcity sell for inflated prices as they are never happy with a reasonable profit. The name profiteer well suits the trader manipulator in my opinion. Not happy to take the profit that the fundamental market conditions offer they conspire alone or with others to manipulate retail investors with fear and falsities sometimes engaging the assistance of corrupt elements of the financial press.)


4. What are speculators


Speculation sometimes gets confused with gambling. There is an important distinction, though. If a trader is using untested methods to trade, often based on hunches or feelings, it is highly likely they are gambling. If gambling, the trader is likely to lose over the long-run. Profitable speculation takes a lot of work, but with proper strategies, it is possible to gain a reliable edge in the marketplace.

Profitable speculators look for repeating patterns in the marketplace. They look for commonalities between many rising and falling prices, in an attempt to use that information to profit from future ups and downs in price. It is detailed work, and because prices are always moving and there are nearly infinite variables to consider, each speculator often develops their own unique way of trading.

Speculators are sophisticated investors or traders who purchase assets for short periods of time and employ strategies in order to profit from changes in its price.

Speculators are important to markets because they bring liquidity and assume market risk. Conversely, they can also have a negative impact on markets, when their trading actions result in a speculative bubble that drives up an asset's price to unsustainable levels.
If a speculator believes that a particular asset is going to increase in value, they may choose to purchase as much of the asset as possible. This activity, based on the perceived increase in demand, drives up the price of the particular asset. If this activity is seen across the market as a positive sign, it may cause other traders to purchase the asset as well, further elevating the price. This can result in a speculative bubble, where the speculator activity has driven the price of an asset above its true value.

The same can be seen in reverse. If a speculator believes a downward trend is on the horizon, or that an asset is currently overpriced, they sell as much of the asset as possible while prices are higher. This act begins to lower the price of the asset. If other traders act similarly, the price will continue to fall until the activity in the market stabilizes.

In this way, even many investors become speculators from time to time. They get caught up in the frenzy of the big ups and down. While they may have initiated their position with the intention of being long-term investors, if they start to buy and sell solely because they think other people are buying or selling, they have entered the realm speculation—possibly even gambling, if they are unsure of what they are doing—as opposed to investing.

(My thoughts: Those who practise the art of charting probably fit into this definition. I personally do not subscribe to charting as a science, but I do believe that discipline is necessary to being a successful investor of any description. I accept that charting provides for many a level of discipline by which they can frequently trade without emotion. The problem I have seen with charting is that for every genuine chartist there is a doppelganger manipulator seeking a following that they can use to manipulate the market to their advantage. The bigger the following the bigger the advantage. Having periodically read the charting thread here it does not appear to have that issue.)

5. What is an investor.


  • An investor is a person that allocates capital with the expectation of a future financial return (profit) or to gain an advantage (interest).[1][2] Through this allocated capital most of the time the investor purchases some species of property.[3] Types of investments include equity, debt, securities, real estate, infrastructure, currency, commodity, token, derivatives such as put and call options, futures, forwards, etc. This definition makes no distinction between the investors in the primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns a stock is a shareholder.
  • (My thoughts: Many here will have already thought they fit into this category but no as you will see shortly. Those who have followed my rants over some years will know that I have a hobby horse and it is that retail investors are treated as a subspecies not worthy of standing in even the shadow of the institutional or so-called sophisticated investors of this world.
  • I have not really taken great issue with any of the above definitions but in this case I found all the definitions of an investor lacking across the many articles and documents I have read.
  • None included those who founded and built a business yet Warren Buffet the quintessential investor would be omitted without such being included in the definition. The family that founded Walmart would be excluded. Peter van der Made and Anil Mankar are the original investors in Brainchip. In fact Elon Musk is an investor in Tesla and Space X etc; An investor can provide capital both in the form of cash and in the form of human capital as a result of their investment of their skills, ideas, inventions and business acumen in my opinion.
  • I have a theory that the institutional and sophisticated investors leave out this group as they do not want to diminish the value that they give to themselves as it would highlight to all the world that they are no different and add no more value than those they define as retail investors.
  • Also those retail shareholders who take up shares in a capital raise and thereby provide capital to the business would clearly need to be recognised in the above definition as “an Investor” elevating them above the group they deride as only being retail investors. Those retail shareholders who buy and convert options are also providing capital to the business and would need to be included.)

6. What is a retail investor?

“Retail investors are non-professional investors, "your average mom-and-pop investor," says Jack Janasiewicz, portfolio manager and lead portfolio strategist at Natixis Investment Managers Solution. They typically have a main source of income in addition to their investments.

Retail investors cover a wide range of knowledge and income levels, yet there are several key characteristics of a retail investor. Most importantly, retail investors are investing with their own personal finances and trade in amounts much smaller than professional investors. Any fluctuations in their portfolio affects their wealth directly, as opposed to a broker or hedge fund manager, who are making decisions on behalf of their clients.

Because fluctuations in the stock market are directly related to their net worth, retail investors are often subject to loss aversion, where the fear of losing something is greater than the desire to gain something. Tommy Mancuso, the founder and president of The BAD Investment Company, says that as a result of loss aversion, "when there are moments of volatility, you might see a little bit of irrational decision from a retail investor whereas an institution's going to have a little more thought-out process."

(My thoughts:

Well, here we are the Retail Investors.

What a useless lot we are if you read and accept the above definition which is typical across all the literature.

Those of you who took up the shares in the Brainchip capital raise to keep Brainchip afloat do not rate as a normal investor even though you provided capital to the business at a critical time in its development.

Those of you who joined Peter van der Made from the company in a reverse take over to create Brainchip do not rate even though you provided capital to kick off the company and have remained calm and rational across a whole range of market conditions over many years now approaching a decade.

Those of you who joined and bought into the company at its inception providing capital do not rate as an investor even though you have done the same.

Those of you who held all the way down to 3 cents and remained calm and rational do not rate as an investor.

We are all lumped together as mum and pop investors ruled by fear and ignorance who largely act irrationally.

I personally do not accept this definition and those with an ounce of common sense having been exposed to the WANCA class of so called sophisticated institutional expert investors most likely also reject this description.

I am a pop though I answer to the name grandpa and pa and could if I so wished join their made up club but being a normal person and not a WANCA I do not need to label myself to gain status amongst this group of spivs, chancers and manipulators to succeed in the markets.

All I need to do is my own research, check every opinion that attracts me to ensure it is supported, and stick to my plan based on my personal circumstances.

Retail investor or not, all that matters, is that my plan works for me and in my opinion that is all that should matter to you as well.

If you need constant reassurance and cannot sleep comfortably at night when global forces which are obvious for all to see take control of the markets then you need to sit down and seriously review your plan.

And now to my overall point.

We are all here to advance each other as shareholders of Brainchip and to the extent of our available time and ability to add to the collective knowledge and wisdom of the 1,000 Eyes.

We are not here to reinforce the so called sophisticated investor/WANCA view of us that "when there are moments of volatility, you might see a little bit of irrational decision from a retail investor whereas an institution's going to have a little more thought-out process."

The fact that this view of us exists encourages every one of the above categories to see us as their personal plaything to manipulate and profit from.

Mindless posts that fit the ‘are we there yet category’ or ‘I am scared will I lose all my money’ do nothing to dissuade the WANCA’s of this view of our group and the deterioration in the quality here has been a product of these WANCA's plying their trade by feeding off genuine posters expressing these types of thoughts.

I AM NOT about shutting down legitimate debate far from it.

I AM about having self respect and showing that retail investors are no less important a group in the market than any other and in fact retail investors are the only reason the share market survives.

We are gaining the respect of the company as a group and it was a hard won victory which was facilitated by @zeebot opening the TSEx forum.

Remember the stability in the Brainchip share register was recognised by the company in this half yearly report and recognised as reducing costs in this area. I credit this to the work of the 1,000 Eyes and how it has brought retail shareholders together and made manipulation very difficult. I personally believe this is not something to be thrown away lightly.)

My anonymous opinion only so DYOR


Fact Finder



AKIDA BALLISTA.
 
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HopalongPetrovski

I'm Spartacus!
During my sabbatical I was reading about Putins use of mercenaries in Ukraine and it occurred to me that shorters and manipulators have a great deal in common with mercenaries, This thought progressed on and I have compiled the following which some might find of interest. Please note that the definitions are taken from various websites and articles after canvassing multiple definitions in each category to see if there was one which largely expressed what might be considered a commonly accepted definition.



  • 1. What is a mercenary:
  • A mercenary, sometimes known as a soldier of fortune or hired gun, is a private individual, particularly a soldier, who takes part in military conflict for personal profit, is otherwise an outsider to the conflict, and is not a member of any other official military.[1][2] Mercenaries fight for money or other forms of payment rather than for political interests. Beginning in the 20th century, mercenaries have increasingly come to be seen as less entitled to protections by rules of war than non-mercenaries. The Geneva Conventions declare that mercenaries are not recognized as legitimate combatants and do not have to be granted the same legal protections as captured service personnel of the armed forces.[3] In practice, whether or not a person is a mercenary may be a matter of degree, as financial and political interests may overlap
  • (My thoughts: When you think about the very early days of the stock market and the tulip bulb bubble being a shorter and manipulator just like being a mercenary was seen as a perfectly legitimate way to make money. There were no rules and no regulators. As time has progressed this has changed and while the regulators and rules are less than satisfactory like the rules that have grown up around mercenaries they have largely removed legal protections and outlawed the practice of market manipulation though it still like being a mercenary is unfortunately considered a legitimate way to make money.)


2. What Is a Trader?

“A trader is an individual who engages in the buying and selling of financial assets in any financial market, either for themself or on behalf of another person or institution. The main difference between a trader and an investor is the duration for which the person holds the asset. Investors tend to have a longer-term time horizon, while traders tend to hold assets for shorter periods of time to capitalize on short-term trends.

KEY TAKEAWAYS

  • Traders are individuals who engage in the short-term buying and selling of an equity for themselves or an institution.
  • Among the drawbacks of trading are the capital gains taxes applicable to trades and the costs of paying multiple commission rates to brokers.
  • Traders can be contrasted with investors, who seek long-term capital gains rather than short-term profits.
  • Scalp traders, for example, hold positions for as little as a few seconds. Swing traders, on the other hand, seek positions that are held from several days to several weeks.”
(My thoughts: Traders are a legitimate part of the market and while they do not attempt to manipulate others to achieve their trading ambitions are to be encouraged as they will provide liquidity necessary for a market to function.)


3. What is a Profiteer


“The meaning of PROFITEER is one who makes what is considered an unreasonable profit especially on the sale of essential goods during times of emergency.

Profiteers make or seek to make an excessive or unfair profit, especially illegally or in a black market.”

(My thoughts: I am sure you would have heard the term as it very often associated with those who as the above states are profiting from times of emergency such as war. When people are panicked, and fearful profiteers buy up goods to create a scarcity then using this scarcity sell for inflated prices as they are never happy with a reasonable profit. The name profiteer well suits the trader manipulator in my opinion. Not happy to take the profit that the fundamental market conditions offer they conspire alone or with others to manipulate retail investors with fear and falsities sometimes engaging the assistance of corrupt elements of the financial press.)


4. What are speculators


Speculation sometimes gets confused with gambling. There is an important distinction, though. If a trader is using untested methods to trade, often based on hunches or feelings, it is highly likely they are gambling. If gambling, the trader is likely to lose over the long-run. Profitable speculation takes a lot of work, but with proper strategies, it is possible to gain a reliable edge in the marketplace.

Profitable speculators look for repeating patterns in the marketplace. They look for commonalities between many rising and falling prices, in an attempt to use that information to profit from future ups and downs in price. It is detailed work, and because prices are always moving and there are nearly infinite variables to consider, each speculator often develops their own unique way of trading.

Speculators are sophisticated investors or traders who purchase assets for short periods of time and employ strategies in order to profit from changes in its price.

Speculators are important to markets because they bring liquidity and assume market risk. Conversely, they can also have a negative impact on markets, when their trading actions result in a speculative bubble that drives up an asset's price to unsustainable levels.
If a speculator believes that a particular asset is going to increase in value, they may choose to purchase as much of the asset as possible. This activity, based on the perceived increase in demand, drives up the price of the particular asset. If this activity is seen across the market as a positive sign, it may cause other traders to purchase the asset as well, further elevating the price. This can result in a speculative bubble, where the speculator activity has driven the price of an asset above its true value.

The same can be seen in reverse. If a speculator believes a downward trend is on the horizon, or that an asset is currently overpriced, they sell as much of the asset as possible while prices are higher. This act begins to lower the price of the asset. If other traders act similarly, the price will continue to fall until the activity in the market stabilizes.

In this way, even many investors become speculators from time to time. They get caught up in the frenzy of the big ups and down. While they may have initiated their position with the intention of being long-term investors, if they start to buy and sell solely because they think other people are buying or selling, they have entered the realm speculation—possibly even gambling, if they are unsure of what they are doing—as opposed to investing.

(My thoughts: Those who practise the art of charting probably fit into this definition. I personally do not subscribe to charting as a science, but I do believe that discipline is necessary to being a successful investor of any description. I accept that charting provides for many a level of discipline by which they can frequently trade without emotion. The problem I have seen with charting is that for every genuine chartist there is a doppelganger manipulator seeking a following that they can use to manipulate the market to their advantage. The bigger the following the bigger the advantage. Having periodically read the charting thread here it does not appear to have that issue.)

5. What is an investor.


  • An investor is a person that allocates capital with the expectation of a future financial return (profit) or to gain an advantage (interest).[1][2] Through this allocated capital most of the time the investor purchases some species of property.[3] Types of investments include equity, debt, securities, real estate, infrastructure, currency, commodity, token, derivatives such as put and call options, futures, forwards, etc. This definition makes no distinction between the investors in the primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns a stock is a shareholder.
  • (My thoughts: Many here will have already thought they fit into this category but no as you will see shortly. Those who have followed my rants over some years will know that I have a hobby horse and it is that retail investors are treated as a subspecies not worthy of standing in even the shadow of the institutional or so-called sophisticated investors of this world.
  • I have not really taken great issue with any of the above definitions but in this case I found all the definitions of an investor lacking across the many articles and documents I have read.
  • None included those who founded and built a business yet Warren Buffet the quintessential investor would be omitted without such being included in the definition. The family that founded Walmart would be excluded. Peter van der Made and Anil Mankar are the original investors in Brainchip. In fact Elon Musk is an investor in Tesla and Space X etc; An investor can provide capital both in the form of cash and in the form of human capital as a result of their investment of their skills, ideas, inventions and business acumen in my opinion.
  • I have a theory that the institutional and sophisticated investors leave out this group as they do not want to diminish the value that they give to themselves as it would highlight to all the world that they are no different and add no more value than those they define as retail investors.
  • Also those retail shareholders who take up shares in a capital raise and thereby provide capital to the business would clearly need to be recognised in the above definition as “an Investor” elevating them above the group they deride as only being retail investors. Those retail shareholders who buy and convert options are also providing capital to the business and would need to be included.)

6. What is a retail investor?

“Retail investors are non-professional investors, "your average mom-and-pop investor," says Jack Janasiewicz, portfolio manager and lead portfolio strategist at Natixis Investment Managers Solution. They typically have a main source of income in addition to their investments.

Retail investors cover a wide range of knowledge and income levels, yet there are several key characteristics of a retail investor. Most importantly, retail investors are investing with their own personal finances and trade in amounts much smaller than professional investors. Any fluctuations in their portfolio affects their wealth directly, as opposed to a broker or hedge fund manager, who are making decisions on behalf of their clients.

Because fluctuations in the stock market are directly related to their net worth, retail investors are often subject to loss aversion, where the fear of losing something is greater than the desire to gain something. Tommy Mancuso, the founder and president of The BAD Investment Company, says that as a result of loss aversion, "when there are moments of volatility, you might see a little bit of irrational decision from a retail investor whereas an institution's going to have a little more thought-out process."

(My thoughts:

Well, here we are the Retail Investors.

What a useless lot we are if you read and accept the above definition which is typical across all the literature.

Those of you who took up the shares in the Brainchip capital raise to keep Brainchip afloat do not rate as a normal investor even though you provided capital to the business at a critical time in its development.

Those of you who joined Peter van der Made from the company in a reverse take over to create Brainchip do not rate even though you provided capital to kick off the company and have remained calm and rational across a whole range of market conditions over many years now approaching a decade.

Those of you who joined and bought into the company at its inception providing capital do not rate as an investor even though you have done the same.

Those of you who held all the way down to 3 cents and remained calm and rational do not rate as an investor.

We are all lumped together as mum and pop investors ruled by fear and ignorance who largely act irrationally.

I personally do not accept this definition and those with an ounce of common sense having been exposed to the WANCA class of so called sophisticated institutional expert investors most likely also reject this description.

I am a pop though I answer to the name grandpa and pa and could if I so wished join their made up club but being a normal person and not a WANCA I do not need to label myself to gain status amongst this group of spivs, chancers and manipulators to succeed in the markets.

All I need to do is my own research, check every opinion that attracts me to ensure it is supported, and stick to my plan based on my personal circumstances.

Retail investor or not, all that matters, is that my plan works for me and in my opinion that is all that should matter to you as well.


If you need constant reassurance and cannot sleep comfortably at night when global forces which are obvious for all to see take control of the markets then you need to sit down and seriously review your plan.

And now to my overall point.

We are all here to advance each other as shareholders of Brainchip and to the extent of our available time and ability to add to the collective knowledge and wisdom of the 1,000 Eyes.

We are not here to reinforce the so called sophisticated investor/WANCA view of us that "when there are moments of volatility, you might see a little bit of irrational decision from a retail investor whereas an institution's going to have a little more thought-out process."

The fact that this view of us exists encourages every one of the above categories to see us as their personal plaything to manipulate and profit from.

Mindless posts that fit the ‘are we there yet category’ or ‘I am scared will I lose all my money’ do nothing to dissuade the WANCA’s of this view of our group and the deterioration in the quality here has been a product of these WANCA's plying their trade by feeding off genuine posters expressing these types of thoughts.

I AM NOT about shutting down legitimate debate far from it.

I AM about having self respect and showing that retail investors are no less important a group in the market than any other and in fact retail investors are the only reason the share market survives.

We are gaining the respect of the company as a group and it was a hard won victory which was facilitated by @zeebot opening the TSEx forum.

Remember the stability in the Brainchip share register was recognised by the company in this half yearly report and recognised as reducing costs in this area. I credit this to the work of the 1,000 Eyes and how it has brought retail shareholders together and made manipulation very difficult. I personally believe this is not something to be thrown away lightly.)

My anonymous opinion only so DYOR


Fact Finder



AKIDA BALLISTA.
Wow.
So glad to see you back here dear FF.
Whilst PVDM is Brainchip's North star, you Sir, have the honour of that role here.
You're eloquence and precision of thought has been missed.
Stay Well and Happy. 😁
 
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