BRN Discussion Ongoing

[Deadpool]

In the caldron, boil and bubble
You‘re a tool and that’s the twubble

Toe of frog and eye of plover
A spell is bound on schnitzel lover

When you’re nice and make amends
I’ll reverse the spell and you might make some friends

Ha , Ha, I declare, you are a bit more tactful than me. Very clever Bravo

 

[Whispering Bob]

I don’t see what the issue is.

If an emerging company in its commercial infancy producing one bad quarter is enough to put you off your tilt then this may be the wrong stock for you.

Have patience.

The world is slowing down economically as we speak.

Development and implementation of technologies takes years.

We are partnered with some of the largest chip solution companies and have validation from an institution such as Mercedes Benz.

This 4C hasn’t changed anything imo.

I mimic a comment above, it’s a shame how many shares will be picked up by institutions.

 

[buena suerte :-)]

Looks like two sides have emerged due to this poor 4c. On one hand, it's the investors who have a stable long-term vision but seem to ignore any red flags. On the other hand, it's investors like me who lose faith in the long-term vision due to these mentioned red flags.
I'll never be able to fully comprehend the technology like uiux or diogenese do, but I have faith that the companies that somehow are related, working with us in one way or another know what they're doing.
However, none of the mentioned more logos, a lot of ip licensing going forward, watch the financials, revenue growth outgrow expense growth or something like that and most likely even more promises that I don't know about have been met at all.
This was the worst outcome possible—No revenue whatsoever during the worst Financial Times we've had in over a decade.
It's the first time I'm seriously doubting that the management is capable of bringing the technology forward. I hope I'm wrong because I'm not selling. I see a lot of posters postponing the timeline by 1-2 years as a reaction, but in my eyes they're just in denial. Let's see how this one plays out in the near term future.

Expectation has been too high too soon!! .... patience will prevail!!

 

[Rise from the ashes]

Expectation has been too high too soon!! .... patience will prevail!!

I think if we didn't get hammered as hard as we did it would be mostly water off a back. I'll admit I was surprised by the amount of dollars received this quarter. Yes even though it was stated the revenue would be lumpy.

 

[SERA2g]

I’m off to bed.

One thing is for sure, despite the rough day today, the Earth continues to spin and the sun will have risen in all its beauty when my eyes next open.

I look forward to standing under that sun, naked, arms in the air, praying with the rest of the cult for the not too distant future to arrive.

A time when akida is officially ubiquitous, PVDM is a household name and upcoming Nobel prize laureate, we’re all millionaires with the share price over $20, shareman has disappeared from HC altogether and I still owe @AusEire a beer.

See you all tomorrow morning.

Sweet dreams

 

[alwaysgreen]

Some people here are clearly out of their depth and should never have entered the water.

I have an opinion, whether you agree with it or not, that is fine. In my posts, I have never attempted to insult someones character just because they don't agree with me.

I'm not sure why you felt the need to chime in just to belittle me for my opinion but I guess that shows your true character.

 

[buena suerte :-)]

Agreed Rise... IMO we are at a turning point! Hard to believe for many but that is how I feel!

A very disappointing 4C no doubt .. And many are totally doubting the management?????? WRONG (Do not underestimate the knowledge and contacts that they collectively have!!!)

After the AGM this year my wife and I and many others got to meet and chat with Peter Van Der Made, Ken Scarince, Pia Turcinov and Tony Dawe in Perth (Thanks to our social events manager @Earlyrelease) we had a great evening and these guys couldn't have been more excited about the future of Brainchip!!

I am totally confident that the team at BRN are doing everything in their power to bring their 'products' to the Global market and succeeding BIG time!! (we just do not know the true magnitude of what is occurring behind the scenes because of NDA's) I have total confidence that Brainchip will deliver... just sit tight and we will all be rewarded $$$$$$.

Good night from Perth

Cheers

 

[alwaysgreen]

Once again you have won that one.

Forty million would have blown the roof off particularly as the CEO Sean Hehir was only aiming to have income growth out pace expenses by first half 2023.

I obviously have no idea and my research adds nothing so I will let you and the others get on with making your valid observations about what a group of losers are in charge at Brainchip.

My opinion only DYOR
FF

AKIDA BALLISTA

I'm not trying to win. I'm just providing my opinion.

I never said Sean or those in charge are losers. Please don't put words in my mouth.

I still believe in the team at Brainchip, some of whom are no doubt more intelligent than the majority of humans on the planet. I still believe in the research that yourself, other great posters and myself have carried out and continue to hold a significant portion of my savings in Brainchip. We have the technology. We have the patents. We have the roadmap. We have the customers. All we need is the patience but my opinion, which I'm entitled to, is that we were told not to look for announcements of contracts or partnerships but to "watch the financials". Essentially zero revenue clearly upset a lot of shareholders and has given them cause for concern (not me, I am comfortable with where the company and my investment are currently).

Yes, Sean also said "revenue will be lumpy". The term has been defined clearly in one of your previous posts. The revenue in the September quarter was not mind blowing but I was happy that there was at least an increase in revenue. I thought though, and clearly a large portion of the market who sold out today thought the same, that the June quarter was just a small "lump" and potentially we would get a larger "lump" in the September quarter. Given we are a billion dollar plus company, we need to start showing revenue to justify this or our share price will be crucified in this market.

I don't know any shareholder or company director that would not be frustrated with not signing up any new business in 3 months. I appreciate that Sean has made changes to remedy this by moving Rob to a new role and bringing in a new Sales manager. I truly hope he turns it around next quarter.

 

[Sirod69]

Todd Vierra• 1.Director Customer Engagement at BrainChip

Thank Edge Impulse, great Imagine Conference!

Edge Impulse
At #2022Imagine, Todd Vierra of BrainChip presented a regression demo using vibration analysis and predictive maintenance in a smart infrastructure setting. He also showed off a quick vision facial detection demo leveraging the company's Akida neuromorphic processor.

 

[alwaysgreen]

Alex talks about NVIDIA's Hyperion 8 self driving system consisting of 360 degree camera, lidar and sponsors. Shipping n Mercedes Benz in 2024.

Then goes on to compare Hyperion 9 with Teslas system. For Hyperion 9, it isn't clear how the sensors work. Hopefully there is some special sauce in there.

 

[Quercuskid]

Well, hopefully the new day brings better perspective. It is unfortunate on a trying day where we all had expectations dashed a few HC interlopers have managed to destabilise, albeit temporarily, a cohesive productive group. Weed them out and let’s get back to what we are best at and join the dots and research. I for one and extremely bullish with the stock and anticipate great near future results where yesterday will fade very quickly from our focus and minds.

 

[Sirod69]

I know I can't really encourage anyone here today, but as FF put it so correctly: Nothing has changed! Just the course!
And besides, you're all sleeping now!
Wake up soon and then we'll continue as before, basically we didn't want to sell anyway, so we'll just keep researching dear 1000 eyes


Edge Impulse
As the saying goes, everything is bigger in Texas. Except machine learning, we're keeping that tiny! We'll be joining BrainChip at IoT World and the AI Summit Austin. Come say hi to Joshua Buck at booth 547 and check out an Edge Impulse demo running on BrainChip's Akida processor.

Haven't heard the news of our partnership yet? Read about how we're bringing the power of neuromorphic computing to all developers: https://lnkd.in/e66SKRRJ

 

[Kiwikangaroo]

Well it’s hard to sugar coat it. Yesterday was a disappointing day for holders. For me, brainchip is a difficult company to invest in as I don’t fully (or even remotely) understand how this technology works. But with the help of others on this forum I do have an idea of the concepts of Akida, and the revolutionary direction the neuromorphic industry could lead modern technology. Personally I still consider it a risky investment due to the space we operate in. I believe our biggest risk is competitors. You only have to look at the past ten years to see the rapid developments in technology, with some companies being left in the dust of the big players. That being said, I do back our superior tech, and the direction this company is heading, although do understand the adoption of technology can be a lot slower than expected. I trust management will deliver on their ambitions for the business.

While I appreciate and applaud the dot joining of the thousand eyes, I personally can’t take these speculations as fact when valuing the business. Maybe these speculations are what has partially inflated the share price and maybe for some the expectation of revenue, or maybe I’m just a hopeful pessimist. Although since we were last trading around the 60c - 70c, I believe the company has added significant value.

I see some people get annoyed with the lack of information due to NDAs, but in the highly competitive environment we’re in, these are in our favour in the long run. This investment is a marathon not a sprint. We have to trust management and remember the facts.

While I don’t side with shorters and downrampers, I do see their side of the coin. From a financial perspective the billion dollar plus valuation can seem overshot with the lack of revenue, other tech giants hot on our tales, and the current financial climate. But for the majority here, the value is in our indisputable ip, patents, world class partnerships and end goal of being the de facto standard of edge AI.

These discrepancies in value creates volatility, and volatility creates opportunities for investors.

The coming quarterly’s will really be the make or break for brainchip as I do think they will need to prove their strategy of turning their genius into dollars. because at the end of the day the goal of a business is generally to make money. If brainchip does succeed, it will change our lives more than just financially. That’s the kind of technology we’re investing in.

All in all, I don’t blame those that sell in times like these. People’s investment strategies are different and time will tell who prevails. If only we could invest with hindsight.

 

[Sirod69]

Qualcomm!

WEY, Great Wall Motor Co., Ltd.'s luxury SUV brand, recently unveiled its Mocca DHT-PHEV lidar version. Thanks to the #Snapdragon #DigitalChassis inside, it delivers premium ADAS experiences — making it the first commercial vehicle offering full scenario urban driving functions in China. Learn how WEY got here and how #Snapdragon automotive technologies helped them along the road: https://bit.ly/3Dmyw02

We're working with WEY to pioneer urban autonomous driving in China​

OCT 28, 2022
Qualcomm products mentioned within this post are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.

While significantly enhancing safety, comfort, and convenience, the hardware and software in the Mocca combine to provide drivers and passengers with support for a variety of complex driving use cases, such as:

• Collision avoidance
• Automatic lane changes
• Traffic light recognition
• Unprotected left turns
• Right-turns
• Busy intersection crossing
• Highway off-ramps
• Night driving
• Self-parking

A sophisticated ADAS system also requires an upscale cockpit display to convey what the car is sensing in a visually appealing, intuitive, yet attention-capturing way. The Snapdragon Cockpit Platform provides a rich and immersive cockpit experience in the Mocca, supplementing the ADAS system while providing all the usual multi-media experiences like multi-zone audio, rear-seat video, and gaming, typically associated with the cockpit.

Every well-designed ADAS system should include a Driver Monitoring System (DMS) to ensure that the driver is always engaged — even as the car is executing driving maneuvers autonomously. The Mocca implements this DMS capability with the Snapdragon Cockpit Platform, closing the loop between vehicle and driver in the ADAS domain. Such a collaborative environment enabled by a DMS system makes for a safer environment for everyone in the vehicle.

We're working with WEY to pioneer urban autonomous driving in China

Chinese automaker WEY - Great Wall Motor’s premium luxury SUV brand - recently unveiled its Mocca DHT-PHEV lidar version, which utilizes the Snapdragon Ride Platform, at the Chengdu Motor Show.

www.qualcomm.com

 

[TopCat]

From 3 weeks ago so probably posted before but still a good article. Qualcomm unveil their new chip in just over 2 weeks time on 14th November

The AI-Powered Intelligent Edge Is Flourishing And It’s Powered By Snapdragon

Qualcomm AI engines and silicon solutions are powering more and more devices out on the connected, intelligent edge.

www.forbes.com

While AI used to be a buzzword sprinkled around casually to describe new levels of machine or device automation, there’s little question now that true AI-based machine learning and intelligence is making a meaningful impact in more and more consumer, commercial and industrial devices. However, the AI edge (or end point devices) has a unique set of requirements versus AI in the data center or cloud. At the edge, robust, low latency connectivity (5G) is critical, as well as low power consumption and the ability to offer capable AI processing on device, with as little reliance on cloud data centers as possible, in order to hit latency and performance targets.
One major player that has been driving the advancement of the connected, AI-powered intelligent edge is Qualcomm.

 

[VictorG]

The US markets finishing on highs.
NASDAQ up 4.63% around 500 points
Dow up 2.8% around 1000 points
We should see nice gain in BRN Monday.

 

[Slade]

 

[Dr E Brown]

I wasn't suggesting that you are hiding sorry it came across that way. I meant myself as I expect a few bombs thrown my way for suggesting that other interpretation.

Sorry mate for misinterpreting your reply.

 

[TheFunkMachine]

I’ve just been reading over the 4C and one sentence has got me intrigued.

“The company will focus on key sales targets and converting technical evaluations into paid licences”

It’s got me intrigued because I wonder if Sean isn’t happy with Rob hence the appointment of Chris Stevens and Rob shuffling sideways into a role where he is managing current partnerships.

It’s probably not a popular opinion but it tells me that Rob isn’t closing the deals out like the company expects hence the appointment of a new head of sales….

With that in mind is there a way to check if Rob has hit his targets and been issued with performance shares as a result or does anybody recall any such announcements of the like? Will Rob still be trying to close out deals from the engagements he initiated or will Chris do that?

Anyways, a big few months ahead. Hopefully

According to Rob Telson his new appointment was due to the increase in partnerships that needed proper attention. He was simply not able to keep up with both sales and partnerships due to the increase of partnerships, hence he chose to take on a new role to focus on partnership and hence a new appointment was made for sales and marketing.

I don’t think it’s because of lack of performance, simply performance in a different area. If it was lack of performance I would expect him to get the boot. But if he is preforming in a different area I think it is smart to appoint him to the are he is currently preforming and let someone else with fresh eyes take over the sales.

We also don’t know how many customers Rob has got on the hook that simply hasn’t been converted yet.

It might be the eternal optimist in me, but I would like to think that’s the logical explanation.

It would take a while for the new sales person to get integrated into the team and establish relationship with current and new costumers, hence no sales trough him yet?

Brainchip has been very very clear that they are still in commercialisation stage so the company should in my opinion be judged according to those persmiters rather then base it on sales figures.

But people are fear driven, selfish, self centred and greedy by nature so this is the consequences when the Shorters use that to their advantage. GOOD LUCK TO ALL HOLDERS AND HOPEFULLY NEXT 4c will make up for the silence.

 

[Silverson]

The US markets finishing on highs.
NASDAQ up 4.63% around 500 points
Dow up 2.8% around 1000 points
We should see nice gain in BRN Monday.

Hoping so, even with strong performance in the US Brn got smashed which was expected however the most concerning part was the volume, circa 7 times the average.
Have a good weekend all!