BRN Discussion Ongoing

[MrNick]

 

[Xray1]

WHATS THE BET ON AN ANNOUNCEMENT PRE-MARKET
OR AT THE OPEN ON TUESDAY MORNING ???

Yak52

I hope it's Not a speeding ticket announcement !!!

 

[Moonshot]

I joked a while ago I was going to subscribe to MF and AFR so I could invest against their advice................can't go wrong I reckon

MF were recommending Kogan as a tech stock at $13 as part of their Share Advisor service last year.. so you’re probably right!

 

[Deleted member 118]

You guys just keep feeding me. No doubt he has done an ARMazing job. Simply ARMazing. FF

AKIDA BALLISTA

 

[MDhere]

View attachment 6467

probably just a coincidence running with the Arm theme of the day

 

[ndefries]

MF were recommending Kogan as a tech stock at $13 as part of their Share Advisor service last year.. so you’re probably right!

They are also recommending CRYP a crypto EFT that has gone from $12 to $3 since november 2021. Talk about high risk!

 

[Frank Zappa]

Does anyone remember Shares magazine? I wonder if all the contributors migrated to MF?

I was very disappointed when that was no longer available

 

[Newk R]

I subscribed to MF a number of years back. I think, if I remember correctly, I almost covered the cost of the subscription on one recommendation. The others we not as successful.

 

[Deleted member 118]

 

[GDJR69]

Ouch,you are not related to this women then:

I’m dating a man with a micropenis, how do I tell him?’​

A woman really likes the man she is seeing, but there’s a very small problem standing in the way of her committing to him.

Well it could be like a microchip and I know ours is going to be BIG BABY! At least as big as my ARM . . .

 

[Frank Zappa]

Well it could be like a microchip and I know ours is going to be BIG BABY! At least as big as my ARM . . .

No point ARMing and Arghing about it .Just tell him .

 

[Rise from the ashes]

Wow! RFTA, I'm going to have to erase all traces of you from my browsing history

I've seen things that blew my mind is all I'll say. And strangely have had a few new connections on LinkedIn with members of us department of defence and intelligence research for DEA.

 

[Frank Zappa]

I've seen things that blew my mind is all I'll say. And strangely have had a few new connections on LinkedIn with members of us department of defence and intelligence research for DEA.

Yes - with the price of housing being out of the reach of mere mortals ... still BRN is the answer.

Now I have rfta on follow.

 

[David holland]

WHATS THE BET ON AN ANNOUNCEMENT PRE-MARKET
OR AT THE OPEN ON TUESDAY MORNING ???

Yak52

Is tomorrow the AGM

 

[Rise from the ashes]

Now I have rfta on follow.

You're not the only one following me. Lolz

 

[Proga]

WHATS THE BET ON AN ANNOUNCEMENT PRE-MARKET
OR AT THE OPEN ON TUESDAY MORNING ???

Yak52

I think it's too close to the AGM. Any announcement/news might be tacked on to the AGM report which mainly covers what happened last year. They can include a forward looking statement and it's up to management how adventurous it is. We'll see. Those going to the AGM will probably hear more.

 

[Murphy]

Now I can afford to eat real food not just rARMen noodles.

You could eat chicken parmigiana!

If you don't have dreams, you can't have dreams come true!

 

[Diogenese]

Now I have rfta on follow.

Mutatis mutandis: you and CIA.

 

[Slymeat]

I subscribed to MF a number of years back. I think, if I remember correctly, I almost covered the cost of the subscription on one recommendation. The others we not as successful.

Excuse me for going a little off topic, but I feel I can add to the discussion on TMF being sour on BrainChip. And most analysts, to be honest. But with TMF, I do believe sour grapes are also at play.

As with @Newk R, I also have been a past member TMF, I subscribed to several of their offerings, and concur with the general bad sentiment that is often thrown their way.

I believe their problems are quite systemic actually. But their problem with BrainChip is most likely a direct result of them not being able to value it. A problem they share with pretty much EVERY stock analyst. They have their DCF-centric valuation processes deeply rooted in their approach to everything. That works for established stocks that are turning a buck, but has no place with evolving/emerging companies, new technology and future visionaries.

From my personal experience, the Fools started out on a sound and useful path with their initial Share Advisor offering.

Their overall level of service went downhill fast when they started diluting staff across more and more services.

I have also been a member of their entry level US offering (Stock Advisor) and found that to be far superior to their Australian offerings, even better than their $2995/yr Pro service. Superior in absolutely every way.

I think TMF Australia is merely an experiment that Tom and Dave Gardner have undertaken to test just how poorly they can treat members and still turn a profit. No loss to them if the entire Australian franchise collapses and all Australians are left with a bad taste in their mouths. Just lessons to apply in their preferred countries of operation

 

[Fact Finder]

I have mentioned a few times that we were living in the economic miracle or the lucky country and that investors in particular those who are invested here should be vary careful about taking on board the USA gloom and doom focus of Australian commentators and of course the manipulators trying to create another massive bargain basement out of the ASX.

Standard and Poor's have just had the following to say post the election:

Budget in better shape than predicted​

Colin Brinsden, AAP Economics and Business Correspondent - 4h ago


The incoming Labor government will inherit a budget that is in better shape than was predicted just a few months ago, according to global credit rating agency Standard & Poor's.
It also says a change in government by itself has no effect on Australia's AAA rating or its stable outlook with fundamentals, such as a projected fiscal recovery, still sound.
Prime Minister Anthony Albanese and his economic team of Treasurer Jim Chalmers and Finance Minister Katy Gallagher were sworn in on Monday after defeating the coalition at the election on Saturday.
S&P said the new government has made a range of promises around energy investment, manufacturing, housing, childcare, health, and education.
"We will examine the new government's policies, and their impact on the economy and fiscal outcomes, when more details are known," S&P said in a statement on Monday, noting Labor has promised a budget before the end of 2022.
"We expect this budget to set the fiscal tone and tolerances for spending."
S&P expects Australia's economic recovery and commodity prices to improve fiscal outcomes faster than the March 2022 budget anticipated.
"We believe significant upside is likely because commodity prices will outperform budget assumptions. Further, inflationary pressures will drive nominal GDP and taxes higher," it said.
"It will take significant spending during the last three months of the 2022 fiscal year to hit the budgeted deficit of $A85.8 billion," it said.
It said rising debt levels do not currently present a risk to Australia's rating, being comparable to similarly rated peers.
"In addition, we expect borrowing costs to remain manageable. Despite interest rates rising from recent lows, they are still lower than in the past," S&P said."

We live in the lucky country and/or hold our shares in the lucky company so keep doing your own research, have a plan and good luck to all.
My opinion only DYOR
FF

AKIDA BALLISTA