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BRN Discussion Ongoing
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The Edge - Old, New, Borrowed and Blue | Dell
Edge computing may be "the oldest emerging technology." It leads to new frontiers, called "near edge" and "far edge," borrowing from the past while propelling us to a better future.
Do not know if this has been posted before but seemed new to me and is interesting.
My opinion only DYOR
FF
AKIDA BALLISTA
Stable Genius
Regular
Interesting make of car they are using for their demo. It looks familiar to one who were proud to announce they are working with us. And Valeo are an EAP too… what a coincidence!
The future looks great!
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butcherano
Regular
Yeah exactly….and not just in the LiDAR part of his preso but the Level 3 ADAS as well….
Boab
I wish I could paint like Vincent
Exactly the same thing happens using duckduckgo. This is supposedly a safer search engine if you are concerned about big brother knowing all about you.
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There has not been one post that disagrees with my opinion that fair value of $1.86 at least is correct. Given we closed today at $1.03 there must be someone here who thinks this is fair value. Please don't be shy explain why you think this and maybe once you do others will agree and be prepared to come out of the shadows.The other day Ford’s brain machine interface was discussed with the discovery of its patent for detecting driver alertness and reaction from Brain activity and or muscle response now over on the Mercedes thread Alfie Posted the following link for Mercedes:
Freakish Mercedes AVTR concept reads your mind, owns your nightmares
Mercedes-Benz takes hands-free vehicle control to the next level at this year's IAA Mobility show in Munich. Its scaly Vision AVTR concept looks as likely to rise up and eat its driver as to obey them, but with a new brain-computer interface, the visionary car actually becomes something of an…newatlas.com
I said it the other day the only way this can happen efficiently is with a processor that can recognise spike patterns. We know this is how Neuralink is doing this for Mr. Musk and as I said the crossovers have led many to wonder if Neuralink might be using AKIDA technology.
Is it not just too much of a coincidence that both Ford and Mercedes are doing similar things at the same time as they are working with Brainchip.
As Dio said and all this for just $1.05.
True value should be $1.50 according to Pitt Street Research and since then we have had at least the following:
1. Almost a doubling of staff and larger offices and more staff to come;
2. The release of four commercial ready to buy COTS;
3. The new CEO Sean Hehir
4. The new Head of Marketing Jerome Nadel
5. The confirmation that all 15 EAPs look likely to convert;
6. The licence with MegaChips
7. The very successful capital call on LDA Capital;
8. A great looking annual report showing $49 million in the bank;
9. A 4C showing revenue increasing;
10. Validation unsolicited from Mercedes Benz;
11. Confirmation that Mercedes Benz, Valeo, NASA & Vorago have moved from being simple EAPs to being Early Adopters;
12. Confirmation that Renesas will be releasing MCUs this year with AKIDA technology on board;
13. Go to market readiness of MegaChips with trained staff out there selling AKIDA edge technology;
14. A new Chair of the Board Mr. Viana completing the Brainchip ARM management and strategic plan;
15. The appointment of a highly qualified Australian director;
16. Confirmation that the AKD2000 design is complete and on schedule;
17. The reveal that Brainchip has been awarded research and development grants by the Western Australian and Federal Governments and has had an endorsement by the WA Chief Scientist; and
18. The research grant from the US Airforce for the AKIDA radar project.
Clearly at an average value of 2 cents a point x18 points BRNASX should now be sitting at $1.86 at least.
$1.05 cents is irrational.
My opinion only DYOR
FF
AKIDA BALLISTA
In providing your view there is a missing point 19. which is the confirmation by the CEO Sean Hehir with the simple word 'Yes' that revenue is happening this year so you might like to deal with this as part of your explanation. That would of course add 2 cents to make fair value $1.88 at least on my formula.
If it is that every single poster, every single member including those still to emerge (about 1,300 my guess) here and every single watcher (about 12,000 my guess) who does not post agrees with my value assessment then this has to make Brainchip currently extremely over sold and a screaming bargain for those with spare cash to invest.
I am raising this now because we have the whole weekend for those who disagree to mount the case for why my value is wrong and why the present price is fair value or that Brainchip is still over valued. I will also not engage in the debate other than as an interested reader of these other opinions.
It also means that those who have cash spare have the whole weekend to think about what they intend to do and dare I say it again 'have a plan'.
The breakdown in the peace talks and the inflation fears in the US are likely to be reflected in the US markets tonight. Monday could be a day for bargain buying on the ASX if my valuation is correct as the overall ASX is likely not to look like boom city next week.
The fact that bargain hunters were out and about on Wall Street the last two trading days suggests that any further falls are likely to be tame but who really knows until they happen.
My opinion and speculative valuation only so DYOR
FF
AKIDA BALLISTA
Wags
Regular
Gidday FF and all.
I'm sorry to say I don't fully agree with your valuation.
I have this pair of rosy coloured glasses that I acquired about 18 months ago (you may remember), and even though I very much like your process, You are more conservative than me.
The Sp should and would be closer to $2, if it wasn't for Puto's madness, and the associated short and destruct campaign. hoping this passes sooner than later and some normality (whatever that is) returns. I think FF you're on record of $2.58?? or thereabouts by xmas. I also think the recent "YES" comment by our CEO will allow the SP to overtake your prediction easily by end of September.
Take no notice of me, just my musings after a delightful Friday lunch.
Stay well all.
I think that, when the full import of the MegaChips deal sinks in, $2 will be way too conservative.
MegaChips claim to be the largest ASIC fabless IC manufacturer in Japan.
Japan has been the centre of IC manufacture for the last 60 years.
MegaChips has placed Edge AI at the centre of their plans going forward.
MegaChips has partnered with 2 AI companies. One of those companies has true "edge" credentials making it suitable for battery powered applications, and the other which doubles as a toaster. Akida does not do toast.
So we have the largest ASIC maker in Japan (think whole world), who have focused their future development on the edge, in our corner actively promoting Akida as their primary battery powered edge solution to their customers. [What is a neuromorphic thingummy anyway?]
As someone on here and previously from another place says: "Pantene" ('pologies, but you know who you are) ["... , but it will happen", and I'm not sure about the "It won't happen overnight" bit]
When you have a laydown misere, do you wait until the cards are on the table before placing your bets?
Prob'ly "Royal Flush" is more apposite, but "lay down misere" has entered the lexicon.
I'm hoping for $5+ by Christmas.
VictorG
Member
FF, I believe much of US inflationary fear has been factored into current pricing. 97% of us economists believe .25 rate hike will occur when the Fed meets next.
Undoubtedly the Russian - Ukrainian war has impacted global buyer sentiment, the current share market has factored worst case scenarios save a nuclear black swan into current levels. As a result, I agree wholeheartedly with you that BRN has little or no downside left in its current valuation.
The reality is nothing happening anywhere has a material impact on BRN fundamentals. It's inconceivable that the current BRN price can remain at these low levels for much longer. While an announcement would be nice, we should remind ourselves that each day is a day closer to a tsunami of announcements.
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"Akida does not do toast." What!!! I'm out.
Cyw
Regular
I guess nobody challenges your determined value is because nobody knows what the fair value is at this stage. Some analyst came up with $1.50, some here mentioned $200.
When we had a few patents granted, CEO appointed and Mercedes mentioned Akida, the price went to $2.34. No more news and the price drift back to $1.03 today. Did that many things changed about Brainchip or Akida during this short period of time that changed the value of the company by over 50%?
Price and value are completely different things. Value does not change unless the company does something different or the public perception of the company has changed. Price changes all the time, every few seconds or so because price is influenced by many things, macro to the world's events, micro to an individual's circumstances or thinking. About 99.9% of people are not rational all the time. Greed and fear dominate most traders' minds.
I invested in Brainchip for its future value which I believe is a lot higher than the share price today (or the high of $2.34) and not for its current value. I think the fair value should be $10.20 in 5 years time. 70% chance that Brainchip can make $500M profit and a P/E of 50 or conservatively with a P/E of 25, the fair value should be $5.10.
Be patient, the company will reveal its true value in time.
Boab
I wish I could paint like Vincent
Laydown misere, that takes me back to my early days in the wool store lunch room learning how to play "500" and "Euchre"
"Sit this one out" was said to your partner if you had an unbeatable hand, just like Brainchip.
Thanks for helping me remember some happy days.
Jefwilto
Regular
Ha who cares about toast Akida will do “Toasty Toasties” if you know what they are,a sandwich maker i was brought up on cooked on the gas cooktop
GDJR69
Regular
They should rename it "Aketo" - the no carbs neuromorphic chip - dieting on the edge
Thanks for sharing. I moved to a new project in another country two weeks ago so haven't had time to keep up.
Great to see Sean is getting out there and telling everyone about our great company.
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Jaffles made with a well seasoned Jaffle iron over a wood fire. Toast on the outside eggs and bacon, mince or creamed corn on the inside. Nothing like it. FFHa who cares about toast Akida will do “Toasty Toasties” if you know what they are,a sandwich maker i was brought up on cooked on the gas cooktop
GDJR69
Regular
FF,
I love your 18 points (now 19) and I understand your thinking. But I would like to add some observations about where I think the SP will head. At some point soon we will see the share price take off in a big way for the 19 reasons you have stated and for the following reasons:
1. Income will start hitting and if we see really significant quarterly increases that is going to excite a lot of interest. We have seen from the Annual Report that the growth in both the market and sales over the next few years are predicted to be exponential (and the exponential growth in both the market generally and sales will have a compounding effect). The SP growth should follow in an exponential fashion - not linear fashion - think about what that means.
2. The FOMO factor. We have already seen this in action several times with this stock already. Once it really starts running it can go up 100's of percent very quickly. At some point soon the general market is going to switch on to what is happening in the BRN business and we will see a tipping point that will see both institutional and retail investors scrambling for this stock. If this happens on a bigger scale that previously, and I believe it will, watch out!
3. Valuing potential. This stock has an incredibly wide addressable market, no competition, a low cost business model, really high margins and great management (the more I hear Sean speak the more I'm convinced he was the right choice as CEO). Again, sooner or later the market will see the incredible potential of this stock and start to value it accordingly. Moreover, at this point with the positive progress of the business, achieving that potential seems more than likely. It is in fact difficult to see how it isn't going to achieve the sort of success that has been predicted.
So as far as I'm concerned it is just the waiting game now. Share price by year end? I'm not sure but I believe we will be at $5 very quickly, if not by year end then at some point next year. I just can't see how that is not going to happen sooner rather than later.
Sam
Nothing changes if nothing changes
Hi FF, the share price is what the share price is because that’s all people are willing to pay at this point in time!!! Unfortunate I know but I think all in due time you will be made to look right
My very greenhorn prediction is September we may see BRN up around where it was. I only say September because it will give the war in Ukraine time to settle down and shares will reset like they always do, (GFC / Covid) More validation is required to gain shareholder / institutional confidence. Now I just pulled that out of my arse but I think it sounds legitimate enough
There won’t be many more chances to buy brainchip shares at this price, and that explains why I am cash poor
My opinion
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