Makeme 2020
Regular
Junk commentary is junk commentary. And all of that is my opinion. All of this has nothing to do with my title of "founding member".
You still haven't addressed my comments directed at you earlier today.
Junk commentary is junk commentary. And all of that is my opinion. All of this has nothing to do with my title of "founding member".
You still haven't addressed my comments directed at you earlier today.
HOW DARE SEAN TELL THE TRUTH ABOUT REVENUE BEING LUMPY!!!!!!I feel very sad for META retail investors as unlike Brainchip META:
1. Carries debt and interest rate rises affect profitability;
2. Carries inventory;
3. Consumer confidence affects sales as their inventory is largely made up of product that can be labeled as discretionary purchases;
4. They were already struggling as Facebook and reinventing itself as META was always going to be a slow burn even in good economic times;
5. State sponsored cyber terrorism has affected consumer sentiment where META product offerings provide multiple vulnerabilities for personal data being kept secure;
6. Mark Zuckerberg is not a much loved figure by legislators or consumers;
7. The Cold War between China and the USA is particularly unpleasant for META.
Glad I hold Brainchip shares.
My opinion only DYOR
FF
AKIDA BALLISTA
Amazon pre market also showing some major falls coming. 13.8 %!!I feel very sad for META retail investors as unlike Brainchip META:
1. Carries debt and interest rate rises affect profitability;
2. Carries inventory;
3. Consumer confidence affects sales as their inventory is largely made up of product that can be labeled as discretionary purchases;
4. They were already struggling as Facebook and reinventing itself as META was always going to be a slow burn even in good economic times;
5. State sponsored cyber terrorism has affected consumer sentiment where META product offerings provide multiple vulnerabilities for personal data being kept secure;
6. Mark Zuckerberg is not a much loved figure by legislators or consumers;
7. The Cold War between China and the USA is particularly unpleasant for META.
Glad I hold Brainchip shares.
My opinion only DYOR
FF
AKIDA BALLISTA
The lumpiness term was too loose and blaisé though. I was hoping the June quarter was a small lump and Sep quarter was going to be a big one! Just saying lumpy wasn't clear and was punished by the market. I like Sean but his inexperience as a CEO in my opinion was partially the catalyst of some of the drop today.HOW DARE SEAN TELL THE TRUTH ABOUT REVENUE BEING LUMPY!!!!!!
Nothing changed? My portfolio says otherwise!A quick update. Wind was howling in Canberra today. I hit one drive and it went backwards over my head, the wind was so strong. Some of the ground was so wet that the one decent drive I did plugged into the ground and I lost the ball. Still, much like the market today, true believers and those with intestinal fortitude soldiered on. Eventually it was repaid. Parred the 11th into the wind, likewise the 15th and 16th. 17th a disaster but still pushed on. 18th was acceptable. Checked the market and laughed in the face of adversity! Hundreds of thousands down? Only if I had sold! Actually, a couple of cheeky little purchases, lodged earlier, went through while I was battling the elements, my mental devils and the 3 wood that refused to comply. I have not seen a more obvious slamming of a share based on unreasonable panic for ages. I'm amazed at where they got the SP to but it just reflects that the corrupt machine is smarter than the peasant retailer. It is through holding and ignoring the panic that the true believers will eventually reduce their handicap and reap the rewards.
Now back reading the day's energetic posts, drinking Kilikanoon Oracle 2005 and dreaming of how my handicap will improve when I finally get to meet @TECH and he teaches me to play bunkers!
Have a calm weekend Brainers. Nothing has changed and we have a future winner.
And Tony Dawe, if you're reading this - Thanks and pass it on to the crew.
Only if you sold my friend.Nothing changed? My portfolio says otherwise!
They will have to pry them out of my hand! Admittedly, today they at least lifted my pinky finger off but I held strong, for better or worse.Only if you sold my friend.
Lucky uncleLet me correct. Only if you sold, (comma) my friend. I don't actually want to sell my friend. Punctuation and capitals are sooo important. Example, "I had to help my uncle jack off a horse".
So true FF, and even if Meta was to miraculously perform a Lazarus with a triple bypass, they still have to deal with Mark Zuckerberg's haircut. There is no solution for his haircutI feel very sad for META retail investors as unlike Brainchip META:
1. Carries debt and interest rate rises affect profitability;
2. Carries inventory;
3. Consumer confidence affects sales as their inventory is largely made up of product that can be labeled as discretionary purchases;
4. They were already struggling as Facebook and reinventing itself as META was always going to be a slow burn even in good economic times;
5. State sponsored cyber terrorism has affected consumer sentiment where META product offerings provide multiple vulnerabilities for personal data being kept secure;
6. Mark Zuckerberg is not a much loved figure by legislators or consumers;
7. The Cold War between China and the USA is particularly unpleasant for META.
Glad I hold Brainchip shares.
My opinion only DYOR
FF
AKIDA BALLISTA
Understandable. It would be pretty hard to do with a hoof!Let me correct. Only if you sold, (comma) my friend. I don't actually want to sell my friend. Punctuation and capitals are sooo important. Example, "I had to help my uncle jack off a horse".
Thanks for reminding me another reason for feelings sorry for META is that Sean Hehir is CEO of Brainchip driving down the whole semiconductor market in Australia and the USA.The lumpiness term was too loose and blaisé though. I was hoping the June quarter was a small lump and Sep quarter was going to be a big one! Just saying lumpy wasn't clear and was punished by the market. I like Sean but his inexperience as a CEO in my opinion was partially the catalyst of some of the drop today.
Ff. Point 3 to add 3.5 mill of cash coming from receivables next qtr!Once again I read the news and knew these things were occurring in the semiconductor space and have posted for months about how even though Brainchip was playing in this industry it had the advantage of:
1. Not carrying any debt;
2. Not carrying inventory because it sells IP that fits in a filing cabinet or on a memory stick;
3. It has cash and guaranteed further cash from LDA Capital and an offer to further extend the agreement if Brainchip wants to do so;
4. A product in AKIDA IP which can be added to existing semiconductors of the customer dramatically improving performance and energy consumption;
5. A product in the form of IP which can be priced to suit market conditions as it in essence has no ongoing cost of production;
6. A market place where automotive and other industries are being required to cut energy use by 2030 under legislative mandates which make AKIDA IP attractive.
So if it was the CEO Sean Hehir’s statement that
"Extended evaluations, decreased budgets, delayed introduction of new technology, these conditions have created a headwind"
which caused todays collapse how is it that I alone in all the world already knew and posted about it.
I must live in an echo chamber and receive messages that no one else does from the Fourth Estate.
Once again all I can say is that those who did not already know these things should actually do their own research.
Perhaps as pompous as it sounds even read my posts.
What the CEO Sean Hehir said was old news publicly available to every shareholder for many months.
My opinion only DYOR
FF
AKIDA BALLISTA
Junk commentary is junk commentary. And all of that is my opinion. All of this has nothing to do with my title of "founding member".
You still haven't addressed my comments directed at you earlier toda
ASK SEAN BUDDY HIS THE CEO..............Junk commentary is junk commentary. And all of that is my opinion. All of this has nothing to do with my title of "founding member".
You still haven't addressed my comments directed at you earlier today.
You are correct about the victim cards being thrown about here today FF, I'm not so sure BRN tells the truth or whether they wanted to prevent unrealistic "expectations". It happens every Qtr - the speculation and excitement runs rampant here, then there are those who speak more cautiously, then the exuberance takes hold again.Yes I thought about loosing some money too but then decided not too.
Now if someone will answer my question and post a link I may regret that decision but with each passing hour it looks like the only reason the price has dropped is because of the lumpy revenue that was predicted by the CEO has now occurred.
I feel very sorry for the CEO Sean Hehir.
Damned when he does and damned when he doesn't.
If he had not told shareholders that revenue was going to be lumpy so they could make provision for when it occurred he would have been the worst CEO in the history of the world.
He tells everyone that revenue will be lumpy and what he predicted occurs and he gets called out as the worst CEO in history of the world for not preventing it.
For goodness sake by telling shareholders that this was going to happen he was admitting that a lumpy revenue stream was inevitable and unable to be prevented when selling IP as a wholesaler in the semiconductor space.
Ask yourself when did you expect the lump to occur in ten years time or during one or more of the quarters between when the CEO stated it would be lumpy and when he asked to be judged at the 2023 AGM.
Some people just like to play the victim and blame everyone else for their decisions by denying the truth of the Facts that they were given to manage their own affairs.
The CEO Sean Hehir predicted this therefore he told you the truth.
A truthful CEO what a bummer. Why can't we have a CEO like the one that GetSwift had who makes up false and misleading statements to pump the share price so he and his mates can sell the bounce.
Today's over reaction is because so called investors do not do their own research and when something they did not understand or take the time to find out about occurs they panic and play into the hands of the manipulators. A fool and his money are soon parted.
Anyone claiming to be surprised by the lumpy revenue needs to accept that Brainchip tells the truth.
Good, bad or indifferent it tells the truth.
This is not like other companies spin does not take place.
The closest thing to spin is left to the sales team who each day try to find new superlatives to described AKIDA technology.
My opinion only but if you go back and then think logically at least one 4C had to produce a lumpy result but DYOR or not which is much easier.
FF
AKIDA BALLISTA
Thanks for reminding me another reason for feelings sorry for META is that Sean Hehir is CEO of Brainchip driving down the whole semiconductor market in Australia and the USA.
When Sean used the word ‘lumpy’ I thought I better check its meaning in the world of finance:
“In the business world, lumpiness refers to revenues that come in big chunks at irregular intervals as opposed to in steady, consistent increments”
Doing my own research removed any doubt as to what he was saying.
My opinion only DYOR
FF
AKIDA BALLISTA