BRN Discussion Ongoing

[KKFoo]

Adding another few Ks to my portfolio, feeling lucky..

 

[Yoda]

Sorry if this has already been posted, as I haven't had the time to keep up with the posts lately..

Close to 12 million new borrowed shorts were taken out on Friday and were the main impetus for the push down, into current territory.

They tried extremely hard to capitalise on the 4C results and have succeeded in getting us here.

We won't know the real aftermath and "current" reported aggregate shorts, for a few days, as to how many of the outstanding 108 million shares (as of 25th October) were covered.

So it's important, that people realise, that the current "disappointment" in the share price, is largely manufactured.

This represents a huge buying opportunity, if you believe in the Company’s future.

Next ASX200 rebalance, will be in December however, so we will need to make some waves before then, lest we get kicked out

So the effects of that, have to be taken into consideration.

View attachment 20696

The way things are going it feels like there will soon be more shorts than shares (not possible I know) but just remember at some stage they ALL have to buy back to cover. Now I'm looking forward to that

 

[DingoBorat]

Just want to say, with all the new "emergents", while some may be lowlife, kick em while they're down, shorter loving, HC devoted, gutter trash..

We should realise, that being the biggest winner in the ASX200 Top 5 on Friday, would have garnered a fresh crop of individuals, interested in what we're all about..

So let's not, just serve them salad!

 

[jk6199]

Was thinking before, if there’s a rapid rise in price there’s usually an asx please explain halt. With yesterday’s rapid fall, why no halt.
I’m being paranoid again, aren’t I?

 

[Diogenese]

In gaming circles this would be called an “Easter Egg” - a delightful medium for “hidden messages” or in jokes passing between the developers/programmers and users in the know or who stumble across them.

Of course, it could also just be a dreadfully unfortunate overlooked mistake, but I’m not going to let that potential reality interfere with my glass-half-full part-time dot-joining hobby.

And oh, yeah - hey ho, everyone! Long time no see!

Very pleased to have found the cool kids’ clubhouse again!

I was here back in Feb, but then got distracted with life and forget the secret doorknock/handshake, but have now found my way back again from the downramper ship of fools that is HC.

On that note, may I just ask - is “The Dean” the latest iteration of the user whose name I can’t remember right now, but had something to do with flying pigs?

On the rare occasion I have dropped in there since last summer I have had to diligently fight the urge (sometimes unsuccessfully) to engage with him.

Wouldn't think so - pmf usually had good research, he just put more spin on it than Warnie's zooter.

 

[Pmel]

What is going on. Is it going to be like that now. We will drop few cents everyday. Bery frustrating and at the same time company is issuing the performance shares . Where is the performance and what about us shareholders, looks like company doesnt care.

 

[Fact Finder]

SAY WHAT?!!!!!

View attachment 20700

That’s a tad presumptuous however I can say I have absolutely no doubt that at least historically Samsung was assessing the Brainchip AKIDA technology.

I also know as a fact that Samsung had its own neuromorphic research and development program.

So as Dirty Harry would say:

“You've got to ask yourself one question: 'Do I feel lucky?”

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fact Finder]

What is going on. Is it going to be like that now. We will drop few cents everyday. Bery frustrating and at the same time company is issuing the performance shares . Where is the performance and what about us shareholders, looks like company doesnt care.

Which performance shares are you referring too?

Regards
FF

AKIDA BALLISTA

 

[KKFoo]

That’s a tad presumptuous however I can say I have absolutely no doubt that at least historically Samsung was assessing the Brainchip AKIDA technology.

I also know as a fact that Samsung had its own neuromorphic research and development program.

So as Dirty Harry would say:

“You've got to ask yourself one question: 'Do I feel lucky?”

My opinion only DYOR
FF

AKIDA BALLISTA

Yes, I feel very lucky today..

 

[HopalongPetrovski]

What is going on. Is it going to be like that now. We will drop few cents everyday. Bery frustrating and at the same time company is issuing the performance shares . Where is the performance and what about us shareholders, looks like company doesnt care.

Buying opportunity.
Or you are free to sell, just stop fkn moaning!

 

[Pmel]

Which performance shares are you referring too?

Regards
FF

AKIDA BALLISTA

In the announcement today. Around 7.5 mil.

 

[DingoBorat]

The way things are going it feels like there will soon be more shorts than shares (not possible I know) but just remember at some stage they ALL have to buy back to cover. Now I'm looking forward to that

The best we can hope for at the moment, is that the short position has increased

That's what I'd like to see and it's possible.

It all depends on how much buying and "selling" there really is.

 

[SERA2g]

Thanks Sera, this is the question that I was asking, "the 4 C does not capture all invoice issued in that quarter as revenue." That means the 118k revenue for this quarter is not really true.

Yes, it reflects the income received - cold hard cash in the bank.
It does not reflect invoices issued to customers where the cash hasn't been received yet.
It's always a timing issue. Some of the $118k will relate to invoices from the June quarter, likewise, the December quarter will have income from the September quarter.
Cheers

 

[Pmel]

Buying opportunity.
Or you are free to sell, just stop fkn moaning!

You stop moaning too. I just expressed my feeling . Dont like jogg along.

 

[Bravo]

That’s a tad presumptuous however I can say I have absolutely no doubt that at least historically Samsung was assessing the Brainchip AKIDA technology.

I also know as a fact that Samsung had its own neuromorphic research and development program.

So as Dirty Harry would say:

“You've got to ask yourself one question: 'Do I feel lucky?”

My opinion only DYOR
FF

AKIDA BALLISTA

Hi FF, I must admit I'm feeling a little luckier after polishing my leprechaun boots then reading this article from 2019 which states:


Extract 1

"Samsung Electronics will aggressively push for mergers and acquisitions of startups and sizable global businesses in the field of non-memory semiconductors, said the head of its system-on-chip business on Tuesday.

Kang In-yup, president of the system LSI business of Samsung’s device solutions division, emphasized that Samsung “is open to M&As,” after announcing his unit’s plan to accelerate the development and commercialization of neural processing units and NPU-equipped end-to-end solutions to help realize on-device artificial intelligence."


Extract 2

"Samsung’s Montreal AI Lab in Canada and Samsung Advanced Institute of Technology in Korea will work together on the development of NPU technologies that will further evolve into neuromorphic processor technologies, which will support level 4 autonomous driving solutions, naturally speaking personal AI assistant programs, mixed reality technologies and humanoids.

Commercialization will be led by the system LSI business with a goal of supplying NPU-based processors not only for high-end and mid-range smartphones but also for automotive applications.

“For the coming age of AI, Samsung is committed to delivering industry-leading advancements brought to life by our NPU technologies,” Kang said. “As we leverage our differentiated technology, close partnerships with global institutes and active investment in top talent, we are excited to take future AI processing capabilities to the next level.”


Presumably Samsung needed a little help to accelerate their neuromorphic development program.

Samsung’s system chip head says M&As needed for non-memory goal

Samsung Electronics will aggressively push for mergers and acquisitions of startups and sizable global businesses in the field of non-memory semiconductors, sai

m.koreaherald.com

 

[Diogenese]

Was thinking before, if there’s a rapid rise in price there’s usually an asx please explain halt. With yesterday’s rapid fall, why no halt.
I’m being paranoid again, aren’t I?

Definition of shorters - What goes up a chimney down, but won't go down a chimney up?

 

[Fact Finder]

In the announcement today. Around 7.5 mil.

Hi Pmel

If you read the notice they are not issued to an employee they are issued to the Trustee of the Employee Share Plan Trust.

“Shares issued to the trustee of the Company's Employee Share Plan Trust for the purposes of administration of the Employee Share Plan”

The purpose of the issue is to ensure the Trust maintains a balance of shares sufficient to satisfy the obligation to issue performance shares to any employee who achieves their benchmark for the issue of shares.

A bit like employee superannuation having to be remitted to their fund without exception the Trustee has a legal obligation to ensure the Employee Share Plan Trust is maintained at the correct level.

Your anger is a little bit early.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Dozzaman1977]

Was thinking before, if there’s a rapid rise in price there’s usually an asx please explain halt. With yesterday’s rapid fall, why no halt.
I’m being paranoid again, aren’t I?

Maybe the drop in market capitalisation was due to the announcement on Friday, Did you actually read the 4c???

 

[Boab]

After checking my Australian Super Member Direct account my allocation of BRN has dropped below the 20% threshold which now allows me to top up which I will. Easier than tipping up the couch looking for lost coins.
For those that are feeling the heat my average buy in is $1.22 but I am still confident we are onto something very special.
Pantene.

 

[Pmel]

Hi Pmel

If you read the notice they are not issued to an employee they are issued to the Trustee of the Employee Share Plan Trust.

“Shares issued to the trustee of the Company's Employee Share Plan Trust for the purposes of administration of the Employee Share Plan”

The purpose of the issue is to ensure the Trust maintains a balance of shares sufficient to satisfy the obligation to issue performance shares to any employee who achieves their benchmark for the issue of shares.

A bit like employee superannuation having to be remitted to their fund without exception the Trustee has a legal obligation to ensure the Employee Share Plan Trust is maintained at the correct level.

Your anger is a little bit early.

My opinion only DYOR
FF

AKIDA BALLISTA

Thanks facfinder always helpfull. But hopefully sp will stabilise and move up. Hard to see the portfolio gong in to negative everyday.