BRN Discussion Ongoing

[Schnitzel lover]

I hope this means you are still a holder, but just pointing out we could all be less-in-the-red following some of this guidance.
If not, and you have sold, then good luck!

I agree, that an early exit from a bad investment is a solid idea, preferably mixed with some Technical Analysis to further determine entry points in the future.
But it is too late now for most to act this way. The red, is very red for some and TBH we are likely near the lowest point we will ever see again.
An exit now could be the classic buy hell sell low strategy.
With Scala3 upcoming, the potential for both Renesas and Megachips to take products to market by years end, AKD1500 out and evaluating, and AKD2000 soon to be released, I think we have the most solid foundation we have ever had.
We also have less direct news, like ANT61 launching soon, potential for more engagement on LinkedIn with Markus Schäfer (MB) regarding Neuromorphic tech in future cars, Edge Impulse constantly and relentlessly beating our drum, Tata announcing we will be integrated in devices and so on.
We also still have 34 confirmed partners/customers we are engaged with, and probably many more under NDA.
Personally I've never been more excited, I can't wait for the market to catch up.

Absolutely am a holder..
Too many catalysts near term that give me hope..
But need to see some confirmation with price fairly soon in my view as we know markets always price thing in advance..

Eg. If markets are 6 months priced in, that assumption leads to 6months of Gen 2 IP licensing availability.. One could assume that one or two new IP holders in that time would generate some appreciation in valuation as Renesas and Megachips did at their time. Add the amount of increased interest in Gen 2, the expanding ecosystem, and potential for Scala 3- Valeo + Mercedes, Arm MCU etc etc near term.. Yada yada….

That above is not priced in yet, and would expect some of it to add atleast 30-50% bare minimum to BRNs current market valuation.

So definitely holding, but really do need to see atleast some price confirmation in September or October in my view..

 

[Straw]

View attachment 44134
Just incase for the doubters..

So you've been holding for 4 days?

 

[Schnitzel lover]

So you've been holding for 4 days?

I manage risk, so if its not working, as I mentioned in an earlier post, either the market is off, my entry was poor, or I'm wrong on the stock. But I can be wrong 6/10 times and sometimes 7/10 times and still make a profit in the long run..

The name of the game is risk management if possibly only 1/200 stocks are going to be the sustained unicorns.

 

[Straw]

So you're a short term trader. Fair enough.

 

[Bennysmadness]

Nice comment James

 

[DK6161]

Edge Impulse on LinkedIn: The 100 Most Influential People in AI 2023

TIME has revealed its list of this year's 100 most influential people in AI. Some familiar names including #Imagine2023 speaker Kate Kallot as well as Sam…

www.linkedin.com

View attachment 44132

So no one from brainchip got a mention? Oh well

 

[Damo4]

So no one from brainchip got a mention? Oh well

PVDM and Anil are above the mortals in Ai:

 

[DK6161]

PVDM and Anil are above the mortals in Ai:

Not sure if we are becoming delusional now, but I am still holding with the slightest hope that I will make my money back one day

 

[Straw]

Not sure if we are becoming delusional now, but I am still holding with the slightest hope that I will make my money back one day

We?
Do you have an investment timeline based on your personal and financial situation?

 

[skutza]

I don't usually comment on how the market works and ASX200-300 etc etc etc. I do like to read and get the general feel of things and BRN for me is a no brainer from this point. I bought again today as i think that the "TICK TOCK" of the resurgence of Brainchip is upon us. I agree with Chapman and many others here that we have assembled a team that is very, very experienced, if they can't get the sales going nobody will. Can they though? Well I think if we all look through history, as they say, Rome wasn't built in a day. But if we just look at the car industry side of things currently you can see the "TICK TOCK" clock in motion today. Everything we read and hear at current is about the new age of the automobile industry. That to me is the scales are now tipping into our favour. Everyone is trying to catch Tesla and they are coming hard and fast.

This is where we come to our favorite fellows, the shorters. 137 Million shares still outstanding and they are going to run short of room for profit sooner or later. How low can BRN go? Well I'm feeling 28-30c is a solid base. How long before all the funds start calling in their shares from these Mo Fo's? TICK TOCK, TICK TOCK. The wheels of change are almost upon as, and the new age is nearly here. What will that new age be called. Well Sean mentioned this in the ASX investor interview. His words some it up. " The AI Revolution and Akida is going to be a critical part of that" They are some big words out of our CEO's mouth. But boy did he seem/sound confident about that. TICK TOCK on the Brainchip Clock

 

[Learning]

Just a bit for fun.

It's must be loose change Friday.

So can someone lend me 30c and $5 for brokerage, so I can buy 1 BRN. Just like these guys in the morning

Thanks in advance

Or the market is not a fair playground for everyone

Learning

 

[Damo4]

Not sure if we are becoming delusional now, but I am still holding with the slightest hope that I will make my money back one day

Just mucking around mate, just for a laugh - get off on the reacs to my posts

 

[DK6161]

We?
Do you have an investment timeline based on your personal and financial situation?

FYI, I've been a holder since 2018 and was expecting 2020, 2021, 2022 to be our year.
And long term (by 2028) we would be 10x Microsoft.
Half way through and still hoping it will happen, but it sure does fell like slowly fading away...

 

[Gazzafish]

Could this possibly be a demo involving drones??

 

[keyeat]

FYI, I've been a holder since 2018 and was expecting 2020, 2021, 2022 to be our year.
And long term (by 2028) we would be 10x Microsoft.
Half way through and still hoping it will happen, but it sure does fell like slowly fading away...

 

[DollazAndSense]

Could this possibly be a demo involving drones??

I thought the same when I first saw flight. I then googled what the term 'time of flight' was:

"Time-of-Flight (ToF) sensors are used for a range of applications, including robot navigation, vehicle monitoring, people counting, and object detection. ToF distance sensors use the time that it takes for photons to travel between two points to calculate the distance between the points."

Time-of-Flight principle (ToF): Brief overview, Technologies and Advantages

Time-of-Flight principle: a method to measure distance based on time difference between emission of a signal and its return to the sensor

www.terabee.com

 

[Esq.111]

Morning Gazzafish ,

Expecting a little burlesque show mysely , but one never knows with BrainChip.

We , or should I say I await in great anticipation for the reveal ... one way or the other.



Regards,
Esq.

 

[toasty]

Let me see if I can explain how a technology "enabler" works. I used to work for a Nasdaq listed company, first established in 1981, that develops and sells 2 things. One is a programming language and the other an enterprise quality database ( those who know the industry will already have guessed who it is). Their business model is very similar to that being put in place by Brainchip. The company recruits partners who use the development environment to create application packages; (accounting, MRP, membership, Telco billing, etc.) and sell them to various commercial and industrial enterprises. Concept sound familiar?

Currently the company turns over about $US700M and the share pprice is around $US60. Most of the revenue is recurring license fees from applications that have been deployed by the partners. Invoicing to the partner is typically calculated on an initial fee plus a per unit (in this case its often per end user) license and includes support. There is a relatively modest cost associated with the supply of the development environment and other income is derived from training.

Sale of the database portion of the application is typically done by the partner except where the end user wants the technology originator to deal with them directly. I'll give you an example. A large, national retail chain retained a systems integrator to deploy a complex new system that covered both in-store and back office. There were numerous vendors involved so the SI was responsible for ensuring it all knitted together correctly. One of our partner's packages was chosen for the instore deployment so they worked with the SI and the other vendors involved. The end-used client however wanted to deal with us directly for supply and support of the database. The sale took a couple of years to finalise but in the end was one of the better ones I had managed. We provided pre-sale support but were not involved in the integration itself (thankfully as it was an SAP back end) so our involvement was long winded but otherwise painless. When the in-store deployment was ready to go ahead I gave the client a DVD containing the product and a list of 200 serial numbers - 1 for each store. We banked around $A750k for the sale and the support fee was in the vicinity of 12% of the sale price per annum. A very nice business model and one that BRN are clearly pursuing.

I tell this story for two main reasons. Firstly, to make the point it takes a long time to close major sales and there are typically many moving parts to be addressed along the path - even with relatively mature technologies. We used to have a saying that there was only one party that could say "yes" but there were many that could say "no". People are very wary of new things, which is why there was an old saying that went "nobody ever got fired for buying big blue (IBM)".

Secondly, pretty much no-one knew that it was our technology "enabling" the whole system to function as desired. The users in the retail store had no clue what was inside the box except perhaps for the name of the POS application. Any problems they would call their internal help line and the techs would either fix or escalate as required. In all my years working there I don't remember a single announcement about our involvement in these types of deployments.

A story to keep in mind when considering where BRN currently sits. I have been critical of our lack of commercial success in the past and stand by those comments. In my view they were a result of management not being realistic and holding out false hope for quick adoption. They have not delivered what they said they would and that is my problem with the company ATM.

 

[Diogenese]

I thought the same when I first saw flight. I then googled what the term 'time of flight' was:

"Time-of-Flight (ToF) sensors are used for a range of applications, including robot navigation, vehicle monitoring, people counting, and object detection. ToF distance sensors use the time that it takes for photons to travel between two points to calculate the distance between the points."

Time-of-Flight principle (ToF): Brief overview, Technologies and Advantages

Time-of-Flight principle: a method to measure distance based on time difference between emission of a signal and its return to the sensor

www.terabee.com

Foucault used ToF to measure the speed of light, c. Now we know c, we can use ToF and c to measure distance: D = c/ToF

 

[Xray1]

Let me see if I can explain how a technology "enabler" works. I used to work for a Nasdaq listed company, first established in 1981, that develops and sells 2 things. One is a programming language and the other an enterprise quality database ( those who know the industry will already have guessed who it is). Their business model is very similar to that being put in place by Brainchip. The company recruits partners who use the development environment to create application packages; (accounting, MRP, membership, Telco billing, etc.) and sell them to various commercial and industrial enterprises. Concept sound familiar?

Currently the company turns over about $US700M and the share pprice is around $US60. Most of the revenue is recurring license fees from applications that have been deployed by the partners. Invoicing to the partner is typically calculated on an initial fee plus a per unit (in this case its often per end user) license and includes support. There is a relatively modest cost associated with the supply of the development environment and other income is derived from training.

Sale of the database portion of the application is typically done by the partner except where the end user wants the technology originator to deal with them directly. I'll give you an example. A large, national retail chain retained a systems integrator to deploy a complex new system that covered both in-store and back office. There were numerous vendors involved so the SI was responsible for ensuring it all knitted together correctly. One of our partner's packages was chosen for the instore deployment so they worked with the SI and the other vendors involved. The end-used client however wanted to deal with us directly for supply and support of the database. The sale took a couple of years to finalise but in the end was one of the better ones I had managed. We provided pre-sale support but were not involved in the integration itself (thankfully as it was an SAP back end) so our involvement was long winded but otherwise painless. When the in-store deployment was ready to go ahead I gave the client a DVD containing the product and a list of 200 serial numbers - 1 for each store. We banked around $A750k for the sale and the support fee was in the vicinity of 12% of the sale price per annum. A very nice business model and one that BRN are clearly pursuing.

I tell this story for two main reasons. Firstly, to make the point it takes a long time to close major sales and there are typically many moving parts to be addressed along the path - even with relatively mature technologies. We used to have a saying that there was only one party that could say "yes" but there were many that could say "no". People are very wary of new things, which is why there was an old saying that went "nobody ever got fired for buying big blue (IBM)".

Secondly, pretty much no-one knew that it was our technology "enabling" the whole system to function as desired. The users in the retail store had no clue what was inside the box except perhaps for the name of the POS application. Any problems they would call their internal help line and the techs would either fix or escalate as required. In all my years working there I don't remember a single announcement about our involvement in these types of deployments.

A story to keep in mind when considering where BRN currently sits. I have been critical of our lack of commercial success in the past and stand by those comments. In my view they were a result of management not being realistic and holding out false hope for quick adoption. They have not delivered what they said they would and that is my problem with the company ATM.

As stated in your post:

"They have not delivered what they said they would and that is my problem with the company ATM."

Maybe they will hopfully now deliver the goods before the next AGM given a potential "Strike 2" - lingering scenario in the background.