BRN Discussion Ongoing

[Quatrojos]

Apparently, at some point in time, a majority somehow voted in a Hitler, a Trump and a Scomo.
We each may hold differing and valid opinions upon the wisdom of any of these results and I am glad, that for now at least, we both have the freedom to express our views.

Whilst questioning is fine, I also don’t regard this world and we humans who inhabit it, as a place that is merely black or white.
Those shades of grey begrime us all and as someone great purportedly said “Let he who is without, cast the first stone”.

Those shades of grey begrime us all and as someone great purportedly said “Let he who is without, cast the first stone”

I'm sure that person was talking about black and white, rather than excusing grey areas...

 

[Learning]

Learning 🏖

 

[Violin1]

He should be able to present without reading verbatim. Most of us could've said what he said without looking at notes as none of it was new info. His delivery should never be poor; he's our CEO and we pay him very well.

Skimmed a few comments about reading and presentation at today's AGM. Simple fact is that the AGM presentations and addresses are ASX announcements - so they really need to be read and can't be ad-libbed much at all. Sean isn't as comfortable reading as he is just talking and answering questions - but we shouldn't bag him for reading the actual speech.

 

[Violin1]

I agree this AGM did not offer a glowing sense of everything being 'on the up and up for BRN' like the last one.

Apart from unrealistic expectations that some news would drop, I believe the difference between 22 and 23 AGM is partly due to the more reserved approach in delivering it.
They offered a more upbeat picture at the last AGM and look what happens when the ducks don’t all line up to enable those to come to the fore.
This AGM had the team facing a difficult question time and had them needing to present in a way that addressed shareholder expectations from the previous comments made.
eg Sean said last year 'judge me on results', He didn’t say those results were going to be related to income and BRN have actually achieved a lot this year but expectations from last year’s comments were that he should be judged on the $ coming in.

There was probably a conscious decision/effort to deliver the facts only this year, a big effort not to offer any insights into the future potential to ensure everything is black and white, nothing can be misconstrued by the audience which would need to be explained next year.
If great strides occur then they are over delivering at the next AGM.

I liked the honesty and ground zero approach.
It is clear that the current engagements are continuing to shape this companies 'product'.
Akida 1000 was lacking in scope, feedback by the engagements confirmed that they wanted more.
Akida 1000 is good and can still be used in a limited way as a sensor at the edge but companies who have engaged with the team demanded more.
The team delivered Akida 1500 and the second generation which has opened up the scope of our business/tech.
BRN have heard and answered their customer needs. That’s how relationships between businesses are forged.
We are tailoring our product to enable them to use it more widely and with greatest impact on their brand.
What is not to like with that approach?

Introducing Akida 1000 was a step that had to be taken to get the neuromorphic ball rolling for BRN.
It built awareness and facilitated engagements allowing others to test and explore opportunities.
Akida second gen (soon to add third) builds on that foundation and now products may be built in earnest as the customers now have more of their needs met. Happier customers in the long run makes far better business sense.

"Id like a ham cheese and relish toasty please"

"Sorry we only offer ham and cheese sandwiches""

or

"Sure, I think I can do that, just give me a little more time and I'll prepare one for you"​

I know which company I’d be returning to, to buy or work with going forward.

Obviously more patience is required so I’ll focus on these few lines out of Antonio’s speech:

"The trajectory we are currently on is the most promising since BrainChip's inception"
and when Antonio answered a question related to the 'request to forecast future revenue' he said something along these lines.

This is very difficult to do.
We meet with the engineers of a potential customer, we use our IP in their product and both see the incredible benefits of this combined effort.
It is then, near impossible to predict the future $ from the sale of the product going forward.
One day with a history of sales this may get easier. I inferred this last line.

I will continue with my conviction to hold, believing the company is making progress, and at some point it will all fall into place and snowball in all the areas we have been observing opportunities.

Who are you and why aren't you bagging them out like everyone else!!!! (Spoiler - this was an attempt at humour - I think that is an excellent post @FallingKnife).

 

[Violin1]

DID anyone ask what happened to unprecedented sales? It is obvious to me that managemen,espectially Rob and Sean have lied and continued to lie to cover up thie shit show that was evolving.Sack them both,replace Tony Dawe as he to cannot be trusted,I’m someone who sold s over 1/2 million shares,I have often aired my view here and my gut feeling was right, If I had 40% of shareholders voting against the free issue of 8million shares,I know I’m shortly going to be looking for a management and board change as well. Glad shareholders gave them heaps they fucken deserved it. FRAUD is what we as shareholders are looking at,plain as day

Pretty strong accusations of lying and fraud there @Galaxycar. I politely suggest you tone them down a little.
Regards

 

[SebThatGermanChap]

These calls for Fact Finder to come and pour some soothing lotion on the burns are made in jest, I hope. With all the due respect one can earn on an anonymous forum, I have respect for him, the research and insights he posted specific to BRN, and the general anecdotes to life. However, let's be clear, he is not the Mesiah, cometh to ease the burdens of people that aren't enjoying reading a hard word about the company. I'd also imagine that FF wouldn't want that burden to shoulder.

Ok, now that that's off my chest, I'm in two minds about the AGM. I'm glad that it was a no bullshit presentation and that the facts, to the best of the boards and CEO's ability, were laid bare. It's a bitter pill to swallow, as the 2022 AGM painted a much more positive picture with strong suggestions of growth in FY23. As this obviously hasn't happened, it was either a massive miscalculation or it was exaggeration and hyperbole.

I agree that Sean didn't present well, and as much as I'd like to give him the benefit of the doubt, he's in a position where he needs to perform at a higher level, and his performance is one of many factors in the litmus test that makes up his remuneration. I just pray that his performance away from the public eye makes up for his public performance.

I'll admit I only caught bits of the AGM as I was listening to it while working and had competing priorities, so I may have misheard or misinterpreted the NDA topic. What got to me though, is the company has been hanging it's hat on the amount of NDA's they have, which naturally leads investors to believe the client relationship is progressing (naturally at differing levels). What I understood of Antonio's response to the question on NDA's is that they are pretty much boiler plate for any company initiating engagement with BRN, so while some have the potential to proceed, they are not in and of themselves anything more than enquiries. Maybe I'm naive, but I had a different understanding of them.

I'm going to continue to hold, and still believe in the tech and PVDM, but there is, in my mind, a disconnect between the tech and the foundation, and the management approach to shareholder engagement.

Oh, and Roger, if you're on here... Legend!

 

[Labsy]

DID anyone ask what happened to unprecedented sales? It is obvious to me that managemen,espectially Rob and Sean have lied and continued to lie to cover up thie shit show that was evolving.Sack them both,replace Tony Dawe as he to cannot be trusted,I’m someone who sold s over 1/2 million shares,I have often aired my view here and my gut feeling was right, If I had 40% of shareholders voting against the free issue of 8million shares,I know I’m shortly going to be looking for a management and board change as well. Glad shareholders gave them heaps they fucken deserved it. FRAUD is what we as shareholders are looking at,plain as day

Thanks for giving me your 1/2 mill on the cheap...
They are in safe hands now.

 

[Sirod69]

Renault Group and Valeo sign a partnership in Software Defined Vehicle development​

• Renault Group and Valeo are extending their collaboration on the Software Defined Vehicle (SDV).
• Valeo will supply some of the key electrical and electronic components, such as the High-Performance Computer, and contribute to software development.
• With Google on software, Qualcomm on hardware, and now Valeo, Renault Group continues to develop its tech ecosystem and its mastery of the SDV value chain.

* Valeo will supply: HPC (High-Performance Computer), the core control of vehicle driving strategies and driver assistance systems (ADAS); zone controllers, which provide more efficient power management and substantial reduction in wiring harness; electrical distribution modules; ADAS components: ultrasonic sensors, driving and parking cameras.

Renault Group and Valeo sign a partnership in Software Defined Vehicle development

Renault Group and Valeo are extending their collaboration on the Software Defined Vehicle (SDV).

www.valeo.com

 

[Deleted member 118]

 

[thelittleshort]

New post

Global Semiconductor Alliance on LinkedIn: #gsa #whereleadersmeet #semiconductor #technology #automotive…

Next up we would like to introduce to you Sean Hehir, CEO, BrainChip . Mr. Hehir has been responsible for explosive revenue growth for large global…

www.linkedin.com

 

[Deleted member 118]

New post

View attachment 37123
View attachment 37124

Global Semiconductor Alliance on LinkedIn: #gsa #whereleadersmeet #semiconductor #technology #automotive…

Next up we would like to introduce to you Sean Hehir, CEO, BrainChip . Mr. Hehir has been responsible for explosive revenue growth for large global…

www.linkedin.com

Hopefully he took some comments on board about his presentation yesterday and smashes it.

 

[Beebo]

Time will prove that Sean Hehir is a WARRIOR!

Just go READ Sean’s prepared address, quietly, removed from all the cynical BS, and really grasp the progress and SETUP we have for the next 12 months.

He might not be the best at reading a script, but he sure knows the industry in depth!

Akida 1.0 was a necessary step.
Akida 1.5 is a necessary bridge.
2nd Gen Akida is a market darling.
3rd Gen Akida…yeah, try to dislodge us then!

IT’S COMING!

 

[cosors]

Hopefully he took some comments on board about his presentation yesterday and smashes it.

Don't get so upset. You've been doing that all day today. Everyone gets how many chances?
A new job, a new role, and a thousand gun barrels to the chest through shreholder questions and ASX rules at the same time. I think I'm actually quite sovereign in such things. But, I would never want to be in place of him today. How do you announce what most with brains suspected. Could have put a little flower on the desk but would not have helped. Nothing against you, I think to understand you anyway.

____
Rushing against one person of a team for the overall situation even as a team leader makes no sense especially if he just arrived for how long?
____
I imagine that it was for him like with hundreds of condoms on top of each other and his sweetheart just wants the best or she separates. Do not know how I would deal with it.
beads of sweat

 

[Deleted member 118]

Time will prove that Sean Hehir is a WARRIOR!

Just go READ Sean’s prepared address, quietly, removed from all the cynical BS, and really grasp the progress and SETUP we have for the next 12 months.

He might not be the best at reading a script, but he sure knows the industry in depth!

Akida 1.0 was a necessary step.
Akida 1.5 is a necessary bridge.
2nd Gen Akida is a market darling.
3rd Gen Akida…yeah, try to dislodge us then!

IT’S COMING!

 

[Sirod69]

New post

View attachment 37123
View attachment 37124

Global Semiconductor Alliance on LinkedIn: #gsa #whereleadersmeet #semiconductor #technology #automotive…

Next up we would like to introduce to you Sean Hehir, CEO, BrainChip . Mr. Hehir has been responsible for explosive revenue growth for large global…

www.linkedin.com

That´s nice he comes to Munich, it would be really interesting to hear him there. Anyone else coming from near Munich?

 

[Sirod69]

BrainChip
37 min.

We are excited to have our partner Teksun Inc, demonstrating their applications running on Akida at the Embedded Vision Summit. Very cool stuff, with more to come.

2 tablecloths

 

[cosors]

That´s nice he comes to Munich, it would be really interesting to hear him there. Anyone else coming from near Munich?

I'll think about it.

Would not surprise me if the gun barrels on his chest are gone he revives. Finally the shit is over and have a year to work.

How many of you changed companies and became CEO first time and how long did it take to settle into the role with all the boundary conditions?

 

[cosors]

BrainChip
37 min.

We are excited to have our partner Teksun Inc, demonstrating their applications running on Akida at the Embedded Vision Summit. Very cool stuff, with more to come.

2 tablecloths

View attachment 37125

Very neat!

 

[Quiltman]

 

[cosors]

I've always thought FF was a component of BRN's marketing strategy with, of course, his own aligned agenda.

In addition, I've always thought that TSEx was also a component of BRN's strategy. Bear (I wish it was bull) with me...

https://announcements.asx.com.au/asxpdf/20220114/pdf/454zp1bqz2kx0j.pdf

BRN announced their capital call on 14/01/22.

TSEx, which is solely a BRN forum (can anyone find much discussion on other stocks?) was given birth on 03/02/22.

The company knew that relatively few holders held a lot of shares. The company had interest in maintaining the share price whilst the LDA call was open.

Select posters were repeatedly vocal re the evils of HC. Such posters were the same ones to extol the virtues of this 'safe space'. The same posters exhibited an intimacy which I judged to be too close for an anonymous forum. Of course, these posters might've/would've met at previous AGMs which may explain their intimacy. Otherwise, there seemed to be more than a superficial level of coordination around that time.

I'm a fan of HC as an unfiltered yardstick for sentiment. I also fear safe spaces for their obvious bias and subtle pathology.

What's the word for a phobia of safe spaces?

By the way, I dig TSEx because of the familiar handles and access to these posters' research. These days, I treat TSEx as Yin and HC a

I had almost nothing to do with BRN except shares and followed thankfully because of the lousy conditions in our graphite corner, which took a while because everything was banned that pointed the direction but Google helped.

I really put a lot of work in my corner here and the discussions are very fruitful. I feel very comfortable here. Then I got to know BRN first in detail, then I noticed WBT and then ASN. How I have laughed, learned and had my peace from the other side here! How much have I learned about you Australians in 'my' The Talga Bar here on TSE about all things tasty and am (?) because of that now visiting my Aussie shop regularly.
You seem to prefer hotcrapper.

And I owe all this to only one person and that is my beloved admin. And as he explained he has renounced himself for us. And you claim his efforts for us as a marketing campaign?!

You've been here for a long time too. Do you really want me to buy your statement? I don't and say no more to keep our rules. TSE is my ecosystem and I have zeeb0t to thank for that, not Brainchip.

And the consideration for all his work are peanuts, we are soon 3000 don't know if you are willing to pay for an ad-free and transparent forum.

just ignorant