BRN Discussion Ongoing

JK200SX

Regular
1666148881750.png
 
  • Haha
  • Like
  • Love
Reactions: 22 users

rgupta

Regular
  • Like
  • Fire
  • Love
Reactions: 36 users

TheFunkMachine

seeds have the potential to become trees.
F016EF11-04EA-4DAB-A078-DAD4F777E3DD.jpeg

I haven’t done TA on Brainchip in many months as I believe is irrelevant LT. it’s a waiting game until the ball starts rolling in 4c.

But that. Wing said it is looking technically ready for a breakout IMO.

It has crossed a falling wedge, RSI is well trough 50 and pointing north.

The think to look out for here is an increase in volume in the next few trading days.

It looks like it will move towards 1.025 range to test some resistance which is confirmed with the cloud. Time will tell. All is well.
Happy holding Chippers.
 
  • Like
  • Love
  • Fire
Reactions: 40 users
What a nice way to wipe through half a million shares @95c. Note I could't grab the entire trade, but it was a single trade.

View attachment 19312
This is very disappointing this sort of buying is cutting the throat of the homeless guy I counselled to buy BRN instead of coffee one share at a time. He has been doing so well and now this I hope he does not fall back onto the coffee wagon. 😞🤡🤡😂🤣😂
 
  • Haha
  • Like
  • Love
Reactions: 18 users

TasTroy77

Founding Member
A close above the MA and overhead resistance by weeks' end could see us test $1.15 prior to the AGM. Both RSI and MACD looking prime for a move - any favourable news until then + some volume and we will really get going.
View attachment 19328
The AGM isn't until around May next year !
 
  • Haha
  • Like
Reactions: 8 users

buena suerte :-)

BOB Bank of Brainchip
  • Like
  • Haha
Reactions: 5 users

Dozzaman1977

Regular
A close above the MA and overhead resistance by weeks' end could see us test $1.15 prior to the AGM. Both RSI and MACD looking prime for a move - any favourable news until then + some volume and we will really get going.
View attachment 19328
What the?
Oh My God Wow GIF by reactionseditor
 
  • Haha
  • Like
Reactions: 8 users

Bravo

If ARM was an arm, BRN would be its biceps💪!
I just discovered this article entitled "Most Technologically Advanced Countries in the World 2022: Top 12", dated 19 July 2022. Israel is listed at number 5 and there's a paragraph which discusses Professor Haick and the Nanose project. I thought it was really interesting because the article states " Professor Hossam Haick is the chief scientist of the NaNose project, which is creating this medicinal instrument. It has an accuracy of up to 86-92 percent in identifying the condition. However, the authorities have said that it would be more accurate and user-friendly after 5-6 years."

I wonder if that means ''the authorities" are aware of Akida's next iterations?


Screen Shot 2022-10-19 at 4.13.35 pm.png




 

Attachments

  • Screen Shot 2022-10-19 at 4.13.35 pm.png
    Screen Shot 2022-10-19 at 4.13.35 pm.png
    143.1 KB · Views: 120
Last edited:
  • Like
  • Fire
Reactions: 14 users

Slymeat

Move on, nothing to see.
This is very disappointing this sort of buying is cutting the throat of the homeless guy I counselled to buy BRN instead of coffee one share at a time. He has been doing so well and now this I hope he does not fall back onto the coffee wagon. 😞🤡🤡😂🤣😂
I did notice a lack of single share trades.

I hope that one day people are comparing the coffee buying value for BrainChip shares and that initial Bitcoin pizza purchase.
 
  • Like
  • Haha
  • Love
Reactions: 13 users

Lex555

Regular
We can all agree to disagree. Having our own thoughts is part of what makes us and I think it's healthy to have opposing views.

Unfortunately, until they have stated that it is being utilised in the current crop of new cars, I don't believe they are using AKIDA...yet. They did say from 2024 so I have no reason to just imagine something else. Yes, there is nothing to stop them from changing their minds but cars being released now have been in engineering for years. It takes time, especially in the automotive industry, for "innovations" in concept cars to trickle down to the production line.
Your thoughts make the most sense to me, Mercedes by their past actions I imagine talking up a storm if Akida was in there. Keeping quiet as a competitive advantage doesn’t add up to me after the EQXX reveal earlier this year.
 
  • Like
  • Thinking
Reactions: 9 users
I just discovered this article entitled "Most Technologically Advanced Countries in the World 2022: Top 12", dated 19 July 2022. Israel is listed at number 5 and there's a paragraph which discusses Professor Haick and the Nanose project. I thought it was really interesting because the article states " Professor Hossam Haick is the chief scientist of the NaNose project, which is creating this medicinal instrument. It has an accuracy of up to 86-92 percent in identifying the condition. However, the authorities have said that it would be more accurate and user-friendly after 5-6 years."

I wonder if that means ''the authorities" are aware of Akida's next iterations?


View attachment 19331



I love your enthusiasm and your relentless quest for knowledge but this one is far from your normal standard:

1. About the Author:

Edeh Samuel Chukwuemeka ACMC, is a Law Student and a Certified Mediator/Conciliator in Nigeria. He is also a Developer with knowledge in HTML, CSS, JS, PHP and React Native. Samuel is bent on changing the legal profession by building Web and Mobile Apps that will make legal research a lot easier.

2. Like FF he cannot count to 12. Without leaving out a number so needs his wife or mother to proof read his articles.

3. The overall quality of his article is reflected in the fact he attributes Ericsson to the wrong Scandinavian Country.

My opinion only but ignore everything he opines or claims as fact & DYOR
FF


AKIDA BALLISTA
 
  • Haha
  • Like
  • Love
Reactions: 13 users

Easytiger

Regular
I fail to see why many are pushing this NASDAQ listing when there is so much value left to extract from the ASX. Whilst I understand that traditionally the ASX doesn’t understand tech, it does understand revenue. When that starts to build, our SP will build with it. We are only worth $1.5b, I see at least the potential to $40b here on the ASX - APT basically achieved this on hype during COVID, and it only took about 18 months to hit that MC from being our size in about 18 months.

When we hit revenue that sustainability puts us at a MC of that size (say $40b, with a SP of $24), then we should consider a NASDAQ listing. It costs more (a lot more) to list on it, it has massive liquidity (which means more money for shorting), and all in all its a more suffisticated market - you can thank Wall St. Hight Frequency Trading for that.

Plenty of small companies like Brainchip a have prematurely listed on it and gotten ripped apart by the sharks. I for one don’t want to see it for a few years, assuming the aforementioned have been achieved.

Be careful what you wish for.
Exactly, focus sales, revenue and profit growth and forget about the 100 other good ideas
 
  • Like
Reactions: 9 users
New Fool article showing their form and complete ignorance of facts and available information.

https://www.fool.com.au/2022/10/19/...e-price-continue-its-growth-run-this-quarter/

First part of the article is reasonable, but last two paragraphs, outlining a possible difficulty of raising additional cash in the future, "if needed"
completely ignores our current arrangement with LDA capital..

For those shorting BrainChip, the narrative might be based on the company’s unprofitable nature. Despite holding a stack of cash, at the current rate, BrainChip only has roughly one year and five months’ worth of runway left until it would need to either take on debt or raise capital.

If we’re still in a cold market at that time, the company might find it difficult to raise capital. At the same time, debt costs could be much higher due to increased interest rates


Shoddy "journalism"? at its best..

View attachment 19313
Damn you @DingoBorat
I just read your MF word jumble which amazingly got the closest for a very long time to almost making sense and being factually accurate.

Just in case the author can read and there is some chance this time the following points could be looked at for the next attempt:

1. Annual expenses for previous tax year of approximately 9 million dollars have so far this year been offset by about 50% due to income growth over the first half year.

2. The current cash in hand assuming the current income growth is reflected in total receipts for the full year will basically have funded on going operations.

3. If you have income equaling or exceeding expenses mathematically it is impossible to run out of money - even a retired lawyer can work out that maths.

4. If income growth slowed the current cash reserves can be replenished as LDA Capital has contracted to provide further capital to Brainchip and as it so happens even if it does not require further capital Brainchip is obligated to make one further draw down prior to 23.12.23.

5. Some might say Brainchip is swimming in money or at least standing waist deep for the foreseeable future.

6. Brainchip has now achieved a multi year record by continuing unopposed as Scott Phillips sixth best pick on the ASX out of over 2,900 companies.

Tip for the two authors:

Playing good cop, bad cop requires intelligence, skill and experience.

Your respective efforts to assist those in over their short heads is entirely transparent and has not actually worked.

The only way to be an effective trusted advisor is to spin accurate information with the intended slant.

The moment you miss state the facts or lie and this is discovered you loose all credibility. Having lost all credibility it is time to seek a transfer to other duties in the hope your names will be forgotten and you can come back for another try.

My opinion only DYOR
FF

AKIDA BALLISTA
 
  • Like
  • Fire
  • Haha
Reactions: 48 users

Bravo

If ARM was an arm, BRN would be its biceps💪!
I love your enthusiasm and your relentless quest for knowledge but this one is far from your normal standard:

1. About the Author:

Edeh Samuel Chukwuemeka ACMC, is a Law Student and a Certified Mediator/Conciliator in Nigeria. He is also a Developer with knowledge in HTML, CSS, JS, PHP and React Native. Samuel is bent on changing the legal profession by building Web and Mobile Apps that will make legal research a lot easier.

2. Like FF he cannot count to 12. Without leaving out a number so needs his wife or mother to proof read his articles.

3. The overall quality of his article is reflected in the fact he attributes Ericsson to the wrong Scandinavian Country.

My opinion only but ignore everything he opines or claims as fact & DYOR
FF


AKIDA BALLISTA

Sorry everyone. I'll try to do much betterer next time.

b27966140db68d0621628f2309f8a443.gif
 
  • Haha
  • Love
  • Like
Reactions: 31 users

Diogenese

Top 20
I love your enthusiasm and your relentless quest for knowledge but this one is far from your normal standard:

1. About the Author:

Edeh Samuel Chukwuemeka ACMC, is a Law Student and a Certified Mediator/Conciliator in Nigeria. He is also a Developer with knowledge in HTML, CSS, JS, PHP and React Native. Samuel is bent on changing the legal profession by building Web and Mobile Apps that will make legal research a lot easier.

2. Like FF he cannot count to 12. Without leaving out a number so needs his wife or mother to proof read his articles.

3. The overall quality of his article is reflected in the fact he attributes Ericsson to the wrong Scandinavian Country.

My opinion only but ignore everything he opines or claims as fact & DYOR
FF


AKIDA BALLISTA
3rd Grade Report - Motley Fool
Dear Mr & Ms Fool
We'll be seeing Motley in 3rd Grade again next year.
English and comprehension [F] - we only have your word for his origin, but comprehension is totally lacking.
Maths [F} - I don't know what you've been teaching him at home, but one plus one still equals 2, not "Whatever you think is a fair thing" .
History [F] - When asked why he didn't tick any of the boxes for the answers, he replied: "There was no box for "Fake News""

Prospects
At first we thought he was hiding his light under a bushel, but there was no bushel.
I suppose he will soon be in long trousers, which will be a good thing because we have had more than enough of finding him playing in his shorts.
 
Last edited:
  • Haha
  • Like
  • Fire
Reactions: 43 users

Lex555

Regular
And how wrong everyone was. That wasn't the actual revenue figure for the qtr. Just the cash receipts from previous revenue. Could have been from last year.

The only thing we do know is the revenue for the last 6 months is $4.8m which is the only figure we need to concentrate on. Which also means the 4c's don't really tell us much about revenue unless cash receipts from customers has jumped significantly higher than the last 6 month reported revenue figure.
This post is a good reminder from half yearlys which showed $4,8m revenue, and receivables at $3.4m, so my money is around $3m cash receipts for 4C
 
  • Like
  • Love
Reactions: 16 users

TasTroy77

Founding Member
  • Like
  • Love
Reactions: 7 users
This post is a good reminder from half yearlys which showed $4,8m revenue, and receivables at $3.4m, so my money is around $3m cash receipts for 4C
Sssh. Don’t speak so loud you will ruin the surprise for all the children. 😂🤣😂🤡😇
 
  • Like
  • Haha
  • Love
Reactions: 19 users
Top Bottom