BRN Discussion Ongoing

[alwaysgreen]

Hoping we can close on the daily high. A nice bullish statement from the market.

Bullish!

 

[Space Cadet]

2(1+2)=6
6÷6
1

Hang on changed my glasses to reading glasses. Your right lol

SC

 

[mrgds]

Thats a pretty good lookin "stool" you got goin on there @Blind Freddie

 

[mrgds]

Three nice orders closed after 4pm , $126k, 153k & 198k as well, gotta be happy with that

It’s been a great day& can't wait for the next run

yes, around 1.1mil @ $1.26 .......................

 

[Slade]

1 To go Ladies and gentlemen as we stand 2499 members on TSE.
Well done Zeebot many thanks.

We should all personally welcome the next member.

 

[DingoBorat]

Uh.... ASX?

View attachment 12564

That is Gold!

There should be no "thinking" or "sad" faces!

Those shorts trapped below 90 cents belong to some Very influential organizations and they are soo scared of losing big time, on betting against BrainChip, that our gain today is not there!!

They are shit scared of more "retail" buying BrainChip!

It's the other institutions they have to worry about!
And that's going to be on a Global scale soon enough.

Take it away Rachel!

If we can get a few million, in the next quarter, even 2..
Then I think Ark Invest, will start building a position..
They are very open about it, so it won't be hard to dig up the proof.
In fact it will be as @Fredsnugget would put it, a "Sun baker"!

We are going to be the Nouveau Riche folks and the harder they try to stop us, the quicker we'll get there!

 

[VictorG]

We should all personally welcome the next member.

Let's hope it's FACT FINDER mark2

 

[Fredsnugget]

That is Gold!

There should be no "thinking" or "sad" faces!

Those shorts trapped below 90 cents belong to some Very influential organizations and they are soo scared of losing big time, on betting against BrainChip, that our gain today is not there!!

They are shit scared of more "retail" buying BrainChip!

It's the other institutions they have to worry about!
And that's going to be on a Global scale soon enough.

Take it away Rachel!
View attachment 12571

If we can get a few million, in the next quarter, even 2..
Then I think Ark invest, will start building a position..
They are very open about it, so it won't be hard to dig up the proof.
In fact it will be as @Fredsnugget would put it, a "Sun baker"!

View attachment 12572

We are going to be the Nouveau Riche folks and the harder they try to stop us, the quicker we'll get there!

Gotta love them sunbakers , off to find some tomorrow hopefully

 

[Sam]

Uh.... ASX?

View attachment 12564

That’s weird because zip isn’t in the 200 anymore but brain is wtf

 

[Bravo]

BrainChip (ASX:RBN) Shares Rise on June Quarter Update​

By Kiryll Prakapenka, 27/07/2022



Developer of neuromorphic processing AI technology BrainChip Holdings [ASX:BRN] was up on Wednesday after releasing June quarter results.
The company ended the June quarter with US$28.4 million in cash.
Receipts from customers totalled US$1.2 million on R&D spend of US$1.7 million.
The AI tech stock is up 80% year-to-date, and up 155% over the past 12 months:

www.TradingView.com

BrainChip’s June quarter ​

Reporting from Sydney on Wednesday morning, BrainChip released its quarterly activities report for the quarter ending 30 June 2022.
The company burned through cash during the June quarter, ending the period with a negative operating cash outflow of US$2.9 million.
For the six months to June 2022, BRN’s operating cash outflows totalled US$7.9 million.
During the six months ending June 2022, BrainChip spent US$3.8 million on research and development.
BRN’s CEO Sean Hehir released the following statement:

‘The recently ended Quarter amplified the execution of the Company’s commercialisation for our AkidaTM neuromorphic IP. During the June quarter, BrainChip introduced a complete company rebrand, reinforcing Essential AI: Optimizing compute. We continued to engage in meaningful technical evaluations with multiple target customers, and we announced key commercial partnerships with strategic technology (Arm, SiFive & Prophesee) and AI software leaders (Edge Impulse & NVISO), demonstrating pre-integration and interoperability.
‘During the June Quarter BrainChip was added to the S&P ASX200 Index, a major global index. This is a significant event, as it recognises the Company’s strong growth over the previous 12 months and raises the Company’s profile with institutional investors around the world.
‘In the coming quarter, the Company will be focused on deepening existing customer relationships and converting technical evaluations. In addition, the Company continues to invest in development of next-generation Akida IP and products to extend our technological lead.’

BRN’s tech stance and the future energy boom​

Brainchip is seeking to pioneer new AI technology with its focus on neuromorphic processing.
However, as Chairman Antonio Viana said in BRN’s May AGM, being a pioneer does not necessarily guarantee success.
Commercial execution is just as important as scientific execution.
Time will tell whether BrainChip is able to translate its tech into sustainable cash flow.
The company is trading on a trailing 12-month price-to-sales ratio of more than 500 — that’s plenty of high expectations baked into the stock.
Now, while the neuromorphic AI tech BrainChip is developing may be a few years away from the mainstream, what is mainstream right now is the global pivot to EVs.
The EV revolution is set to change the way we travel all over the world.
And while in 2021, eight of the top 10 best-performing stocks in Australia may have been lithium stocks, our experts believe there’s a smarter way to play the rise of lithium in 2022.
It involves what you might call lithium’s ‘little brother’.

BrainChip (ASX:RBN) Shares Rise on June Quarter Update

Developer of neuromorphic processing AI technology BrainChip Holdings [ASX:BRN] was up on Wednesday after releasing June quarter results.

www.moneymorning.com.au

 

[BaconLover]

That’s weird because zip isn’t in the 200 anymore but brain is wtf

ASXholes are a bit slow to update their data.

 

[Sam]

D

ASXholes are a bit slow to update their data.

yup

 

[Filobeddo]

That is Gold!

There should be no "thinking" or "sad" faces!

Those shorts trapped below 90 cents belong to some Very influential organizations and they are soo scared of losing big time, on betting against BrainChip, that our gain today is not there!!

They are shit scared of more "retail" buying BrainChip!

It's the other institutions they have to worry about!
And that's going to be on a Global scale soon enough.

Take it away Rachel!
View attachment 12571

If we can get a few million, in the next quarter, even 2..
Then I think Ark Invest, will start building a position..
They are very open about it, so it won't be hard to dig up the proof.
In fact it will be as @Fredsnugget would put it, a "Sun baker"!

View attachment 12572

We are going to be the Nouveau Riche folks and the harder they try to stop us, the quicker we'll get there!

Yeah DB, it's the ‘cinderalla story’ thats gonna trash the asx country club

 

[DingoBorat]

Yeah DB, it's the cinderalla story thats gonna trash the asx country club

Yeah, that doesn't end well! ..

 

[JK200SX]

Why all the maths questions?

AI (by this I assume you imply a neuromorphic computer, be that SNN or CNN) would not handle these any differently than a Von Neumann computer (be it programmed with a Procedural language, Functional language, Machine language, Assembly language or Logic programming language), nor would it be handled any differently by the human brain. Although I do accept that some brains differ in ability and faithful replication/adherence to rules.

All would simply apply the well documented laws of algebra—Commutative, Associative and Distributive Laws.

No learning is required as nothing is to be learnt so in this instance all forms of calculation are probably equivalent, and should yield the same result. There should be no algebraic equation that “AI” will handle any differently than anything else.

I understand that AI is quite mystifying, but in the end computers just follow rules and do it VERY quickly. They only create a perception of being intelligent. And yes I extend that to Akida, whilst openly admiting that Akida is bloody close to exhibiting traits that I would regard as close to intelligence.

All us investors need to worry about is that Akida is better than anything else out there and all we need to do is be patient. Don’t get caught up in trying to understand too much about it, but do trust that the brains trust at BrainChip do.

No ulterior motive with the math question, just rode on the back of the previous one. However its interesting to think how the this would be computed whether you apply BODMAS, BOMDAS or PEMDAS rule:

a) BODMAS; 6 / 2(1+2) = (6 / 2) x 3 = 9

b) BOMDAS; 6 / 2(1+2) = 6 / (2 x 3) = 1

c) PEMDAS: 6 / 2(1+2) = 6 / (2 x 3) = 1

However, assuming the rules are applied (and Multiplication and Division are equal in order), and working from left to right, the answer is 9.

 

[MDhere]

Well i found it fitting to go out to the local bottlo and get myself a Penfolds and low and behold i could not go past getting this one to mark this fine day!!!

On the back it says -
"VENTURE BEYOND THE ORDINARY
MEET THE EXTRAORDINARY"

My words to the cashier was - EXACTLY Akida! Cashier looks at me then i say, o and thankyou i will buy this.

I've mark the date and sp on the inside of box and will put it with my Akida collection.

Boomidy boom boom ps not a bad drop either.

 

[JK200SX]

i will raise your boom boom with my BOOMIDY BOOM BOOM

Sorry, just had to post this, All the Boom Boom's reminded me of this legendary song
Perhaps at the next major AKIDA unveiling, the board can walk out to the beat of this song




(Yeah, I do have a sick sense of humour sometimes)

 

[DingoBorat]

ASXholes are a bit slow to update their data.

Hmmm so without Z1P there..

BRN would have been the highest gainer on the ASX200!
(Z1P still in at 329!)

And even with Z1P there, because of their lack of resources to update their own data! (ASX Net profit was up 3.5%, rising by $8.5 million to $250.3 million.10 Feb 2022).

We still, should have been 2nd highest gainer on the ASX200!

HAHAHAHAH!

Maybe the ASX themselves are betting against us!

Now would that be a conflict of interests?? ..

 

[Reuben]

Valeo leading the LIDAR race..

Valeo Wemding, leading autonomous mobility with innovative automotive sensors and LiDAR

With the recent wins of major contracts with automakers Stellantis and BMW, Valeo Wemding is at the forefront of the autonomous mobility revolution, producing innovative sensors that enable autonomous driving and increase safety on the road. In 2021, the world saw the first two vehicles on the...

valeo.smh.re

 

[Slade]

Welcome @RedbeardRedFun We have been waiting for you.