BRN Discussion Ongoing

[Quercuskid]

Opening looks strong not anymore

 

[Cyw]

Now here is a good news story and guess which revolutionary technology company decided it did not need China over two years ago:

Chinese stocks hammered across the globe

25 Oct 2022 - Behind the US market strength overnight, the real news in the markets this week was the Hong Kong market where shares faced a wave of selling after the conclusion of the Chinese Communist Party’s national congress meeting over the weekend.The Hang Seng Index fell 6.4% on Monday, the biggest one-day decline since the global financial crisis”

US Markets - UP

Chinese Markets - DOWN

My opinion only DYOR
FF

AKIDA BALLISTA

It is most likely an over-reaction to Xi's power grab, but at the end of the day, the numbers speak for themselves. It may not be all that bad, completely depends on what Xi is going to do.

 

[Cardpro]

It looks like shorters have left the town

 

[Dozzaman1977]

It looks like shorters have left the town

Why do you say that????

 

[Cardpro]

Why do you say that????

Stacks on sellside have disappeared

 

[Fact Finder]

https://www.design-reuse.com/exit/?urlid=53574

Might explain why China has lost the plot.

Along with zero Covid lockdowns and a growing realisation that their future may not be best served by the intellectual decision making of one person with absolute power who constantly receives the answers he wants to hear.

Echo chambers seldom provide innovative answers out of left field.

Puto’s Russia is proving this as I type.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fullmoonfever]

Stacks on sellside have disappeared

Unfortunately as we know they'll be in the wings waiting for any weakness in the 4C, perceived or real, won't matter, they'll try bias it bad.

 

[HopalongPetrovski]

Ok they are theoretical investors, interesting.

Let's imagine if I had invested 7 years ago, took a genuine interest in the activities of the company and what they were trying to create, didn't listen to people peddling investment services or shorter thugs/high volume trader thugs trying to screw me over via a combination of psychological/algorithmic thuggery and -not at all plausibly deniable but ingrained self interest of the market operator/organised legal crime syndicate- thuggery (offering zero to negative support to the company or its investors they intended to make money off through creating synthetic volatility and taking from both ends) and instead did my own research, accepted a certain level of risk, made my own decisions and held my shares through good and bad periods both in my life and the company's fortunes. Then continued to accumulate well over a million shares when a huge company like Mercedes (just as a possible example amongst others) decides to publicly validate their work as being commercial. Oh, gee well maybe ARM listing the company prominently on their website as a partner might have been a good thing as well. Of course this is all purely a case in hindsight.
Let's imagine also that I sold some at a great price around that point, changing my life (having felt Id done my bit of risk and personal pain) and still held 2/3 of those shares in the expectation of the company producing increases in revenue over time whilst massively increasing their talent base and profile amongst potential partners in order to become cash flow positive. And then imagine that that revenue did increase in a non-linear manner over time. Would I panic and dump the rest or would I then have begun to consider the possibility of significant potential growth of the company and its activities possibility leading to greater potential dividends given the very high margins provided by their business model and the ridiculously enormous and varied markets for their patented IP.

Gosh I don't know. Just as well it's all hypothetical. My head hurts so I'll just have to hypothetically pay some benevolent advisor to talk me out of it.

Well done Straw.
I have been on a similar journey over a similar timeframe, although I did not take advantage of the MB announcement, which in hindsight was my error.
My mistake, I think, was in sticking too rigidly to my plan and to have not included a scenario to take profit in the event of an extraordinary circumstance.
Frankly, that hockystick rise had me somewhat giddy at the time, and I kept printing off hardcopies of my portfolio trying to convince myself of its veracity and understand just what was happening. I have to admit that on my part it was simply "rookie error" that had me transfixed, staring into the headlights, instead of acting.
Happy for you in that you kept your head and had the balls to make an advantageous decision at the time.
We live and learn and I'm not complaining of my strategy as it is/and has, served me well, but I am grateful to be still able, as an old dog, to learn a few new tricks.
Am also grateful that Zeeb0t has set up this "safe space" for us to share our experience, research and reason with each other.
Hang in there, Friends.
As you can see, it can be done.
Dunno if we'll all wind up with islands and superyacht's , but can certainly see much more comfortable and stress less live's ahead for holders.
Thank you to all the great contributor's along the way.
AKIDA BALLISTA
AKIDA EVERYWHERE
GLTAH

 

[TheFunkMachine]

I have ben thinking lately why Brainchip don’t announce more partnerships, events and other meaningful information trough the ASX channel.

At first I was under the impression that BRN are not allowed to announce these things as it is not deemed worthy of one and would be considered fluff and marketing ploys etc.

But when looking and observing what other companies are allowed to announce trough ASX I have changed my view that it is probably more a choice from Brainchip to be careful what they announce as they are highly scrutinised in the past and been under the apotlight for “pump and dump” tactics etc. so the best way for Brainchip to prove the critics wrong is to have a squeaky clean record and only announce material, price sensitive information as to not loose the confidence of investors (not retail but institutions).

As frustrating this is for us retail holders, I believe it will create a road to trust among big money, and attract the right kind of attention when there is Material news to be announced. Now we can argue to we are blue in the face about whether our partnerships with the likes of ARM and Edge impulse, Mercedes’ etc is material, but the point is that if Brainchip has chosen to go down this path of squeaky clean record and only announce IP deals, chip sales etc we can for sure be excited to know that they hold information that will come to light that most definitely is Price sensitive and will blow the shortest socks off. Brainchip does not have small penis syndrome or little dog syndrome. They are working towards becoming the biggest baddest Dog that does not need to Bark to assert their dominance in the space. The numbers will speak for itself and reports directly from other companies using our tech is the best exposure anyways as it can not be deemed self promotion or self glorifcation, rather industry leaders and experts in the field will sing our song for us.

Anyways, thought I would share our beloved fried WBT and what they have been announcing of late and you can make your own judgment call.

 

[Dijon101]

Big week for my two biggest holdings.

BRN 4c where we expect to see more revenue

AVZ where the chinese have hopefully been given the boot out the back door from where they came from. With 6 months of trading suspension coming to an end.


Lots have analysts have been stating the macro is flipping bullish, lets just hope so. It's been a long 11months with bears in control.

 

[Fact Finder]

The following article about the lucky country and the economic miracle is in my personal opinion a must read article.

Initially because of the headline you might be put off on the basis that it is about politics.

This could be the case if you want to read it that way, but as I have no respect for politics, I personally read it as something which I need to know so I can weigh the information which the market manipulators will continue to throw about as to how all retail investors who do not panic and sell at any price are condemned and will be going to hell in a handbasket.

MSN

www.msn.com

My opinion only DYOR
FF

AKIDA BALLISTA

 

[FJ-215]

It is most likely an over-reaction to Xi's power grab, but at the end of the day, the numbers speak for themselves. It may not be all that bad, completely depends on what Xi is going to do.


View attachment 19972

Hopefully that is what BRN's chart will soon look like.

 

[MDhere]

Go and winge to the company, flood Tony with useless, time-wasting emails that he feels obliged to answer.

I couldn't care less if zero posters liked, loved, on fire or laughed at my posts.

Listen to the presentation yourself, rather than being lazy, and then form your own opinion.

OR....you can email me directly at graphitearms@gmail.com

Then you can reveal yourself, rather than hiding behind your keyboard and whining like a spoilt little brat.

The only positive thing that I can say is that you have invested in a great company.

Goodnight from Perth xxx

Thanks Tech
Tony Dawe is a busy man, the last thing he would want is emails. I am certainly not lazy and if i find something i do like to share not just a word.
Cheers. ps thanks for the 3x.

 

[Fact Finder]

While we patiently wait for the 4C to be released I thought Abe Lincoln and I would have a little fun.

The Brainchip Address:

Four C’s and twenty years ago our founders set forth upon a mission to create a new technology paradigm one conceived in liberty of imagination and dedicated to the proposition that all sensors should be made intelligent.

Now we the company and shareholders are engaged in a great commercial war, testing whether this company, and its shareholders having been so conceived can long endure. We are met on the great commercial battlefield by the past and present giants of industry. We have witnessed past iterations of the spiking technology fall in early commercial battle and though they perished they did not do so in vain to be buried on the battlefield, but their sacrifice became the shoulders upon which AKIDA now stands.

The commercial world will note not what one 4C delivered but will in the fullness of time remember what our founders have delivered a new paradigm in technology one which is fit on this 25th day October, 2022 of saving this great planet, but which is a yet unfinished work that will continue nobly advancing and sweeping all commercial competitors before it for the rest of time.

It is in this time and place for us to remain focused on the huge task in hand and remain resolute secure in the knowledge that those 4C’s that have gone before us were not delivered in vain but were the foundations upon which AKIDA technology will give birth to a new future for all mankind.

 

[jk6199]

Another push down of the price today leading up to the 4C.
The good thing about BRN is that not a lot of information is public, so the shorters know as much as we do hopefully?
If the 4C is so so, most of us just keep holding anyway. If it’s a cracker, we hold anyway but I can picture the potential skid marks for some .
Good luck!

 

[Zedjack33]

Is the annual report delivered on 31st or due before or on the 31st. TIA.

https://www2.asx.com.au/content/dam/asx/markets/company-reporting-calendars/company-reporting-dates-2022.pdf

 

[Cardpro]

Another push down of the price today leading up to the 4C.
The good thing about BRN is that not a lot of information is public, so the shorters know as much as we do hopefully?
If the 4C is so so, most of us just keep holding anyway. If it’s a cracker, we hold anyway but I can picture the potential skid marks for some .
Good luck!

If its so so, the shorters are gonna short the fk outta brn I hope it's great, perhaps more than 5 mill of cash inflow

 

[GazDix]

It is most likely an over-reaction to Xi's power grab, but at the end of the day, the numbers speak for themselves. It may not be all that bad, completely depends on what Xi is going to do.


View attachment 19972

I lived in China for five years previously and returned to Australia a couple of years ago. I can tell you with 95% certainty after many conversations with friends living over there that over the last week, the reason the markets are not reacting well is that many in China thought that the zero-Covid policy will be overturned so Xi Jinping can win favour amongst those local municipalities like Shanghai who have suffered more with the draconian measures there not so long ago. Many were wrong and Xi has bigger balls than most expected. He also disgraced ex-President Hu Jintao who opened up China between 2004-15 by escorting him out of the very scripted conference.

History doesn't repeat and often rhymes, and I do think the now majority middle-class will not accept China closing itself after nearly 30 years of opening up and tolerance will only go so far.

Modern China (The PRC) run by the CCP has not even been around for 80 years and looking back at rich and damned interesting Chinese history, revolution will certainly not be dismissed.

To relate to Brainchip, like FF said, lucky we have our literal and figurative chips in the US.

But for the markets in general, the macro environment will not give one bullish sign this year. I was hoping the China situation could have been it.

 

[Xhosa12345]

If its so so, the shorters are gonna short the fk outta brn I hope it's great, perhaps more than 5 mill of cash inflow

5M on low side, maybe 8 to 10M on high side - thats my punt.

2.5M in trade debtors as at 30 June, plus 1M in research tax credits on the balance sheet - so if they collected all that, its 3.5M

and im hoping they have at least 1.5M in cash received from license revenue coming through also

i really wish the ASX rules stated that quarterly accounts are released on an accrual basis also, but we'll just have to extrapolate and guess as best we can what the true accrual revenue for the quarter.... which wont be proven until next quarter.

Anyway i'll be happy enough with $5M, and stoked with anything higher.

remember its in USD also, so times that by 1.5 to get to AUD!

 

[wilzy123]

Another push down of the price today leading up to the 4C.
The good thing about BRN is that not a lot of information is public, so the shorters know as much as we do hopefully?
If the 4C is so so, most of us just keep holding anyway. If it’s a cracker, we hold anyway but I can picture the potential skid marks for some .
Good luck!

I just help'd ma self to a little more today because of this push down.