BRN Discussion Ongoing

[Rise from the ashes]

I'm sure I've said it before, but there's only reason you would be upset about the Tape-out not being an ANN, is if your trading horizon is very short.
I can understand the anxiety if you are over-loaded with BRN, bought at a much higher price/averaged up, or if you wanted to be in and out quickly.
Fortunately though, most here understand the technology and also the company goals, and realise these bits of info spread to those with a finger on the pulse represent fantastic buying opportunities, or de-risking of their long term investment.
If you plan on being here for at least a few years, having the SP held down for longer is just an opportunity.

I'm not upset about that not being an announcement but a bit confused as to why it was not and yes have read the email response from Tony so that blanket statement of trading horizon is
pretty wrong in my opinion. We are creating a place where some holders including myself feel like we can't voice a concern. I know I've held back on things that have bothered me so I don't have to deal with the flaming pitchfork crew.
Edit..
Maybe I'm stupid and need some belittling to set me straight that's how it goes here right?
Edit 2.
My above comment is not directed at you Damo.

 

[equanimous]

Have a look at what has happened to Sayona (SYA) today off the back of a positive announcement. Down over 13.5% atm.

That's the F...ed shit that puts a smile on shorters' faces.

No speeding ticket from the ASX.......no......nothing to see here. Good for liquidity...blah...blah...blah

Getricho must be over the moon about that..

Im not bothered at all by day to day movements as im here for the long haul. Shorters will have to buy back the stock eventually.

EMOTIONS​

“The investor cannot enter the arena of the stock market with any real hope of success unless he is armed with mental weapons that distinguish him in kind—not in a fancied superior degree—from the trading public.” Benjamin Graham, The Intelligent Investor 1949

“The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich- quick adventurer. They will die poor.” Jesse Livermore 1940

“American business, really, has never let investors down as a group, but investors have done themselves in quite frequently.” Warren Buffett

"It’s an easy game, if you can control your emotions." Warren Buffett

“I don’t think investing is that hard. The hard part of investing, as Warren Buffet said is temperament, you need to have the right temperament.” Chris Hohn

“Investing in public markets isn’t just about intelligence and being a good stock picker. It’s a lot about temperament.” Munib Islam

“Never mark emotions to market.” Nick Sleep

"Emotions are universal and there is no stopping the flow of seasons." Adam Smith, The Money Game

"There is one requirement that is absolute in money management, and you have already learned it with the first Irregular Rule: If you don't know who you are, this is an expensive place to find out. The requirement is emotional maturity. In short, you have to be able to handle any situation without losing your cool, or letting your emotions takeover. You must operate without anxiety." Adam Smith, The Money Game

 

[Techinvestor17]

Things won’t change until we get some momentum with the IP licenses. As soon as a couple of these drop in quick succession the shorters will head straight for the exit and the good times will return.

A year ago I honestly thought we would’ve landed an additional 3 or 4 licenses at this point but now it seems that Renesas and MegaChips were just really really early to the neuromorphic party. They’re the trailblazers and I have no doubt that others will follow, I mean we weren’t making partnerships with big tech left, right and centre last year for no reason. Between these partnerships and the remaining EAPs there’s a lot of fruit out there just waiting to ripen.

It’s all just a matter of time. More time than any of us would like of course, but I’m confident it’ll be worth the wait.

For sure. In terms of time, look how long it has taken renesas to tape out a SNN chip. We signed with them back in 2020 I think?

 

[alwaysgreen]

I want to remind people of the Prophesee and Qualcomm alliance as demonstrated in the Qualcomm video published here a few weeks ago. In it the speaker strongly endorsed Prophesee’s (and our) innovative swish cancelling photo software. Then the speaker said words to the effect of ‘coming soon to smartphones’. Now that is really exciting and it means - I hope - this quarter.

I assume a new license with revenue attached would need to be announced to the market which is yet to happen 4 weeks into the quarter.

How does it work with prophesee and Qualcomm? If we are going to be in a prophesee product which is going into a Qualcomm product which is going into a Samsung product (for example) then who pays the license fees and how is this announced on the ASX?

 

[Deadpool]

I'm not upset about that not being an announcement but a bit confused as to why it was not and yes have read the email response from Tony so that blanket statement of trading horizon is
pretty wrong in my opinion. We are creating a place where some holders including myself feel like we can't voice a concern. I know I've held back on things that have bothered me so I don't have to deal with the flaming pitchfork crew.

 

[TopCat]

Neuromorphic Engineer - Spiking Neural Networks/Algorithms/ SNN/ PhD/​

• Cambridge (CB1), Cambridge
• Unspecified
• European Recruitment Ltd
• Permanent
• Expired

---

Neuromorphic Engineer - Spiking Neural Networks/Algorithms/ SNN/ PhD/ ANN

Our client is a leading global technology corporation providing ICT infrastructure and smart devices who are searching for a Neuromorphic Engineer to join their team.
This position is on a full time permanent basis in Cambridge, UK

Key Responsibilities of a Neuromorphic Engineer

• Develop neuromorphic computing algorithms for event-based processing of various sensor signals based on spiking neural networks, and applying them to challenging customer use-cases
• Analyzing and profiling AI/ML algorithms, performance analysis and benchmarking of neuromorphic concepts
• Establish methods to incorporate algorithms in system-wide simulation to evaluate impact on key metrics (latency, power consumption)

Key Requirements

• PhD in neuromorphic computing field or relevant discipline
• Experience with ANN models training and development
• Experience with SNN simulation and training
• Experience in building and deploying DNN with standard frameworks e.g Tensorflow, PyTorch, PyNN
• Excellent programming skills- C++, MATLAB, or Python

Anyone know of a leading global technology corporation based in Cambridge who would be looking for a Neuromorphic Engineer? The job has now been closed.

 

[rgupta]

I have a question if someone can help me find an answer.
Before that let me be very clear I am a holder and have no intention to sell.
We launched akida1000 and the total costs were approx 7 million. Then we were unable to recover even that much money from the product leave alone any profits. Looking at the figures each chip may cost us $1000.
Now company if taping out akida 1500 another 7-10 million dollar cost. So where we failed with akida 1000 and what will be the difference this time.
Sorry again does not look like a question from a holder but again assure you the question is out of cuorisity than criticism
Thanks everyone for their time

 

[BaconLover]

I'm not upset about that not being an announcement but a bit confused as to why it was not and yes have read the email response from Tony so that blanket statement of trading horizon is
pretty wrong in my opinion. We are creating a place where some holders including myself feel like we can't voice a concern. I know I've held back on things that have bothered me so I don't have to deal with the flaming pitchfork crew.

That's right rise, no issues having different trading/investing time line imo also.

Imagine if everyone's holding period is 5 years.
If we all sell after 5 years, ie, on 31/01/2028 can you imagine the SP dive?
I now just learn to mind and manage my own trades rather than worrying about what others do with it, increases my accountability, otherwise I can blame someone else (coping mechanism), but that doesn't help me in any way. But each to their own.

 

[Violin1]

Would I be right to assume, that the 100 million odd outstanding shorts reported, would most probably be lent out from a proportion of the top 20 or so shareholder assembly?
May even be some naked shorts in the mix?
MOO DYOR

Possible @Deadpool - but that's why I said a decent proportion of the top 20, which I assume will include Peter, Anil, Adam and spouses which quickly gets the volume of tightly held up there. Add Lou and I hope Robert Mitro and it gets bigger. The instos will lend and trade of course but my point was about a decent proportion of 45%. Then add retails who hold directly and don't allow lending, then there is potential for a squeeze at some point. Nevertheless, these people still make good money before the potential squeeze comes - and will likely slide out before it does.

I still want to smell the burning butts though!!!

 

[Diogenese]

I assume a new license with revenue attached would need to be announced to the market which is yet to happen 4 weeks into the quarter.

How does it work with Prophesee and Qualcomm? If we are going to be in a prophesee product which is going into a Qualcomm product which is going into a Samsung product (for example) then who pays the license fees and how is this announced on the ASX?

It is possible that our deal with Prophesee (and a couple of other start-ups) is a joint development.

In a JV, the usual thing is that the partners get a share of the end product, usually in proportion to what they put into the project, so there would be no sign-on licence fee, and we may need to wait for sales before we see any money.

On the other hand, the returns from a JV could be higher than from a licence agreement.

 

[BaconLover]

I assume a new license with revenue attached would need to be announced to the market which is yet to happen 4 weeks into the quarter.

How does it work with prophesee and Qualcomm? If we are going to be in a prophesee product which is going into a Qualcomm product which is going into a Samsung product (for example) then who pays the license fees and how is this announced on the ASX?

My understanding is if they're using Renesas or Megachips then we won't know about it until we see the balance sheets, even then we won't know it's them who pay us.

I still want to smell the burning butts though!!!

Interesting fetish @Violin1

 

[Labsy]

I feel like many others that everything is falling into place. We’ve gone from a 4c of $100k to our latest of approx $1.1m. Roughly a 1000% increase. When our next 4c comes out with $2-3m(?) it will start to show a definite trend and remove all doubt that BRN is making money and will continue to go from strength to strength… full forward another 6-9 months, and everything starts compounding from larger market exposure creating more customers wanting the tech on top of IP revenue starting to pour in…. It’s going to be a very good year indeed …. DYOR. Only my opinion and not a crystal ball..

I think you are spot on the money

 

[Violin1]

I have a question if someone can help me find an answer.
Before that let me be very clear I am a holder and have no intention to sell.
We launched akida1000 and the total costs were approx 7 million. Then we were unable to recover even that much money from the product leave alone any profits. Looking at the figures each chip may cost us $1000.
Now company if taping out akida 1500 another 7-10 million dollar cost. So where we failed with akida 1000 and what will be the difference this time.
Sorry again does not look like a question from a holder but again assure you the question is out of cuorisity than criticism
Thanks everyone for their time

It's all about investment for the long-term @rgupta - each bit of expenditure isn't supposed to breakeven - the investment is to build what the company and LTHs expect to be "explosive" growth and revenue. Akida 1000 was produced to prove the IP to prospective customers. This was one of Anil's great achievements for us. (I soooooooo hope he attends the next AGM because I really want to meet this guy and thank him). AK1500 is being produced as a reference chip - not for bulk sale - for the same reason - to prove up our IP so major customers can test it, believe in it and then licence it.
Regards
V

 

[Newk R]

Sorry to say but they the shorters don't need your shares, there are plenty of other shares to short.

But not mine

 

[JDelekto]

I feel like many others that everything is falling into place. We’ve gone from a 4c of $100k to our latest of approx $1.1m. Roughly a 1000% increase. When our next 4c comes out with $2-3m(?) it will start to show a definite trend and remove all doubt that BRN is making money and will continue to go from strength to strength… full forward another 6-9 months, and everything starts compounding from larger market exposure creating more customers wanting the tech on top of IP revenue starting to pour in…. It’s going to be a very good year indeed …. DYOR. Only my opinion and not a crystal ball..

We may see more action when the results from the AKD1500 tape-out are ready, and the chips have completed successful testing. If the new processor delivers the previously advertised features using the 22nm FD-SOI technology, it will open more doors.

Given that the FD-SOI gives benefits in performance, reduced power consumption, and lower costs, I would be very keen to see this next iteration of Akida compared to its predecessor in some benchmarks.

As I am already impressed by the performance and power profile of AKD1000, the move to the new technology with improvement in features and performance may be the catalyst to driving more IP sales. It will not surprise me if some customers considering IP deals are waiting to see the results for their specific use cases.

The more options they provide customers, from IP sales partnerships to foundry manufacturers and technology, the wider the audience they will capture.

On an unrelated note, I recall having read about missing income from the MegaChips licensing agreement. After going back and reading the announcement and its clarification on the ASX (released in November of 2021), it states that the payments would be in tranches over two years (not including any royalties from sales of the IP).

For anyone worrying about that, the two-year mark would put their final payments around November 2023, so it wouldn't surprise me to see upcoming quarterly reports also consisting of payments from MegaChips.

 

[JK200SX]

Has anyone heard of Ambient Intelligence?

This is an interesting one.......

Bringing gallery-quality art to your living room with the new Amazon Fire TV | Tapas Roy

Did you know the Fire TV Omni QLED Series ships with over 1,500 free gallery-quality art pieces that customers can display in their living room? We talked to the team that curated and built the collection about how to solve the problem of displaying this high-res content on the largest screen in...

www.linkedin.com

Bringing gallery-quality art to your living room with the new Amazon Fire TV

Meet the Amazon team that is broadening the definition of what a TV can do.

www.aboutamazon.com

"When sensors in the TV detect presence in the room, the TV turns on
and can display useful information through custom widgets, such as
calendars and news."

I guess these sensors would need to be able to differentiate between a person and say a dog, or an adult versus an infant...... that is unless the dog or the infant needs a calendar or the news....

More on Ambient Intelligence here:

Amazon is making your life easier through ambient intelligence

Learn how you can use ambient technology every day and why it matters.

www.aboutamazon.com

What are your thoughts?

 

[Bombersfan]

I'm not upset about that not being an announcement but a bit confused as to why it was not and yes have read the email response from Tony so that blanket statement of trading horizon is
pretty wrong in my opinion. We are creating a place where some holders including myself feel like we can't voice a concern. I know I've held back on things that have bothered me so I don't have to deal with the flaming pitchfork crew.

A place like that was created because most of the shit posted here now IS people voicing their concern. The repetitive whinging about the same issue (that was addressed by the company) over the last 2 days is embarrassing and shows people “say” they have timelines and long term views but also want it now! They completely dismiss all the amazing stuff that’s been happening the last 6-12 months because they didn’t get an Ann that I think wouldn’t have made any difference anyway. Didn’t someone create a thread for the anxiety riddled insecurities about the SP so we don’t have to read it here?

 

[GpHiggsBoson]

For those that don’t know…

I have owned BRN shares for many many years.

I sold some around the highs and kept plenty too.

I am a true believer in this technology.

This crazy market is very difficult to gauge. Massive volatility. I am happy to ride the thing out, however long it takes.

I do day trade, the adrenaline rush is something I enjoy. I think a lot of people shouldn’t really be in the market especially now, who knows where we will end up.

I am happy with a long term hold on BRN, the share price doesn’t impact me with a long term view but those that bought high with less capital I do feel for you. Might be a patience game, hopefully not?

Fingers crossed we continue to get more validation from corporations signing up for our product in the not too distant future. Until then patience is the key.

I try to read most of the posts here but unfortunately at this stage I am time poor.

Keep up the fantastic research and posts.

To all the brilliant minds, All the best!

AKIDA BALLISTA

No advice, in my opinion, DYOR

 

[Pappagolla]

I have a question if someone can help me find an answer.
Before that let me be very clear I am a holder and have no intention to sell.
We launched akida1000 and the total costs were approx 7 million. Then we were unable to recover even that much money from the product leave alone any profits. Looking at the figures each chip may cost us $1000.
Now company if taping out akida 1500 another 7-10 million dollar cost. So where we failed with akida 1000 and what will be the difference this time.
Sorry again does not look like a question from a holder but again assure you the question is out of cuorisity than criticism
Thanks everyone for their time

You’re forgetting that Akida 1000 IP will generate royalty payments from both Renesas and MegaChips (at the very least) so it might be a bit premature in calling it a failure.

 

[Rise from the ashes]

A place like that was created because most of the shit posted here now IS people voicing their concern. The repetitive whinging about the same issue (that was addressed by the company) over the last 2 days is embarrassing and shows people “say” they have timelines and long term views but also want it now! They completely dismiss all the amazing stuff that’s been happening the last 6-12 months because they didn’t get an Ann that I think wouldn’t have made any difference anyway. Didn’t someone create a thread for the anxiety riddled insecurities about the SP so we don’t have to read it here?

You are correct the thread is https://thestockexchange.com.au/thr...e-bad-and-the-fugly.139152/page-4#post-230300
Also kinda say's something when a lot of people are voicing concern and a bit of it happens in private DMs also. But I'll not be commenting on it anymore as I've discovered this is not the place to express an honest opinion of concern.
Also changed title to add "concern" I think there's is more concerns than share price alone. So changed the title.
Edit.. me personally I have no issue with share price.
Obviously would be wonderful if it was reflecting what I think it should be but that has no bearing on whatever concerns I hold when then they arise.