BRN Discussion Ongoing

[Fact Finder]

Nothing gets past you @Fact Finder, nothing.
Thanks for that info, now I'm really really interested in what this activity is all about.
Have a great day

Hi @maccareadsalot

Thanks for kind words. What is happening with BRN’s share price is not easy to understand but the overall trend has been down which is obvious and this current change in fortune lacks clarity.

Yesterday’s volume was only in the low 20 million so not much more than one percent of shares on issue.

Could Nandan’s appointment be a sufficient catalyst to reverse a trend.

While I am blown away by his appointment I personally think not and more likely the US markets decision to see light at the end of the tunnel is probably the reason and if the US goes cold on the idea then we will probably slide again.

There is probably a bit of pumping going on off the back of US sentiment but nothing significant as the volumes so far do not support a big effort.

Of course an unexpected reveal by one of the customers, the NDA EAP’s, the known partners or a completely left field company like Mercedes Benz could blow the price socks off but no one can predict a surprise let alone when it will happen. If they could well it’s not a surprise.

I am of the opinion that I should continue to weigh the words of the CEO Sean Hehir that it is going to be the financials which eventually reveal all to shareholders and as the Chairman said at the AGM the share price will do what the share price will do.

I personally see only positives occurring around Brainchip and believe the ‘when not if’ is locked in as there are just too many credible people onboard the Brainchip bus who have travelled the road to success before to be blindly heading in the wrong direction.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[dippY22]

Your post has been bothering me all night. I tossed and turned. Paced the room. Made myself numerous cups of tea.

I just kept asking myself if engineers are all inherently boring how can it be that @Diogenese is so witty and charming?

Is he really an engineer?

Is he the exception that proves the rule?

Worse still could I be a closet nerd?

I think I will need therapy before I can resolve this issue.

That,....or a room for you both (LOL).

 

[Fact Finder]

That,....or a room for you both (LOL).

Actually in Australia unlike the US we have mateship so that men can actually openly express there respect and friendship in public places. It’s a cultural thing which you probably have never encountered.

 

[DollazAndSense]

Sony Semiconductor Israel has launched a chipset for massive IoT networks with 5G, satellite and LPWAN connections that it says has the lowest power consumption.​

The ALT1350 is the world’s first chipset to combine cellular LTE-M/NB-IoT with sub-GHz low power wide area network (LPWAN) communication protocols and satellite connectivity (NTN) as well as an AI-enabled sensor hub.


The standby mode (eDRX) in the chipset reduces power consumption by 80% when compared to the current generation and by 85% when used it to send short messages. Overall improvements in the system’s power management enable four times longer battery life for a typical device, enabling additional functions with smaller batteries.

The iSIM-based chipset supports the mature Release 15 LTE-M/NB-IoT software stack, and future compatibility with 3GPP release 17 to guarantee longevity and operation with 5G networks.

A sub-GHz and 2.4GHz integrated transceiver enables hybrid connectivity for smart meters, smart cities, trackers, and other devices. The supports IEEE 802.15.4-based protocols such as Wi-Sun, U-Bus Air, and wM-Bus, in additional point-to-point and mesh technologies. It supports the IPv4/IPv6 internet protocols with TCP/UDP, PPP, FTP, HTTTP, TLS, HTTPS and SSL as well as DTSL, MQTT, CoAP and LWM2M.


The ALT1350 also incorporates a sensor hub based on an ARM Cortex-M0+ core to collect data from the sensors while maintaining ultra-low power consumption. It also provides cellular & Wi-Fi-based positioning and is tightly integrated to provide power-optimized concurrent LTE and GNSS to accommodate various tracking applications, which can be demanding, with a single chip.

The chipset provides edge processing capabilities with data collection and low-power AI/ML processing of the data using an ARM Cortex-M4 integrated controller with 1MB NVRAM and 752KB RAM to run the IoT applications.

The ALT1350 also includes a secure element for application usage and integrated SIM (iSIM), designed for PP-0117 to meet GSMA requirements.

“The market demand for this multiprotocol, ultra-low power IoT chipset is intensifying, and Sony’s ALT1350 chipset meets that demand,” said Nohik Semel, CEO at Sony Semiconductor Israel. “This is the game changer we’ve been waiting for, which will enable IoT deployments, utilizing universal connectivity on edge processing and multiple location technologies.”

The chipset in a single package, although Sony has not specified the size, and is sampling to lead customers and will become commercially available during 2023.

www.altair-semi.com

Sony aims for lowest power IoT combo chipset

Sony's ALT1350 is the world’s first chipset to combine cellular LTE-M/NB-IoT with sub-GHz LPWAN and NTN satellite with an AI sensor hub.

www.eenewseurope.com

 

[Proga]

And now for a serious hopefully intelligent post.

I let Blind Freddie do the maths so it is more reliable than my usual efforts so assuming the following is correct then Brainchip is unlikely to be removed from the ASX200.

During the period 23.5.22 to 24.11.22 it’s average share price has been 91.6 cents giving it an average market capitalisation of $1.58 billion.

During the same period and currently based on the 4C’s and half yearly report it has absolutely no liquidity issues with a long cash runway.

So the FACTS not emotion support Brainchip remaining in the ASX200.

My opinion only DYOR
FF

AKIDA BALLISTA

The liquidity is based on the company's market turnover on the ASX, not the company's cash flow.

Dio is charming and witty? You learn something new every day.

 

[Bravo]

Monthly subscription fee for AKIDA. Now there's an idea.

The Mercedes EQ EVs Need A $1,200 Subscription To Increase Speed

Get an acceleration boost with a subscription.

screenrant.com

 

[Wags]

The liquidity is based on the company's market turnover on the ASX, not the company's cash flow.

Dio is charming and witty? You learn something new every day.

View attachment 22890

Hi Proga,
Thanks for sharing this info.
What are your thoughts?
Understanding the cycle is not over yet and there are many variables, is your gut telling you there has or has not been sufficient Relative Liquidity. (I wouldn't have a clue where to start to try and figure it out)
cheers

 

[robsmark]

Monthly subscription fee for AKIDA. Now there's an idea.

View attachment 22892

The Mercedes EQ EVs Need A $1,200 Subscription To Increase Speed

Get an acceleration boost with a subscription.

screenrant.com

I absolutely hate this model that seems to be creeping in. If I buy a car that has heated seats, autonomous tech, etc., then it fully expect to have access to use the features. A paid subscription to use a product which I own seems obscene to me.

 

[Rise from the ashes]

Below is link to an interesting ABC radio national podcast of a program called Background Briefing.
It's a 40 min listen about Generative AI, contemporary iterations of programs that we associate with deep fakes from our recent history and a road to complete digital immersion for some, maybe as soon as 2030?

Nothing specific to Brainchip but a future we may all find ourselves inhabiting soon.

Has the age of AI already begun? - ABC listen

There’s new mind-bending technology that creates immersive media from scratch.

www.abc.net.au

Ai is the beginning of the end
Cheers I'll have a listen later tonight to kill some time.

 

[Rise from the ashes]

I absolutely hate this model that seems to be creeping in. If I buy a car that has heated seats, autonomous tech, etc., then it fully expect to have access to use the features. I paid subscription to use a product which I own seems obscene to me.

I had the same thought when I read something similar for BMW.

 

[Friends of Rod]

Hi @maccareadsalot

Thanks for kind words. What is happening with BRN’s share price is not easy to understand but the overall trend has been down which is obvious and this current change in fortune lacks clarity.

Yesterday’s volume was only in the low 20 million so not much more than one percent of shares on issue.

Could Nandan’s appointment be a sufficient catalyst to reverse a trend.

While I am blown away by his appointment I personally think not and more likely the US markets decision to see light at the end of the tunnel is probably the reason and if the US goes cold on the idea then we will probably slide again.

There is probably a bit of pumping going on off the back of US sentiment but nothing significant as the volumes so far do not support a big effort.

Of course an unexpected reveal by one of the customers, the NDA EAP’s, the known partners or a completely left field company like Mercedes Benz could blow the price socks off but no one can predict a surprise let alone when it will happen. If they could well it’s not a surprise.

I am of the opinion that I should continue to weigh the words of the CEO Sean Hehir that it is going to be the financials which eventually reveal all to shareholders and as the Chairman said at the AGM the share price will do what the share price will do.

I personally see only positives occurring around Brainchip and believe the ‘when not if’ is locked in as there are just too many credible people onboard the Brainchip bus who have travelled the road to success before to be blindly heading in the wrong direction.

My opinion only DYOR
FF

AKIDA BALLISTA

FF - As usual you have cut to the core of the issue around BRN and it's share price "when not if" sums it up perfectly.

Based on the calibre of the individuals coming onboard - someone with Nandan's background does not make a decision to join an organisation like BRN without having a firm grasp of not only where the Company is but where the Company will be based on years of experience and knowledge.

Patience is ( most certainly in this case ) a Virtue

 

[HopalongPetrovski]

I absolutely hate this model that seems to be creeping in. If I buy a car that has heated seats, autonomous tech, etc., then it fully expect to have access to use the features. I paid subscription to use a product which I own seems obscene to me.

Yeah. I also dislike the drug dealers model used when they start you off on a free trial period, providing you give them access to a form of payment, and then just start charging. Must make a lot of dough from people and organisations who don't monitor their outgoings closely. Apple just lost my subscription to Apple + after increasing from 7.99 to 9.99 per month.
I know it's only $2 but f#ck 'em I say.
Was dubious value at $8.
25% increase is a bridge too far for this little black duck!

 

[Bravo]

 

[Proga]

Hi Proga,
Thanks for sharing this info.
What are your thoughts?
Understanding the cycle is not over yet and there are many variables, is your gut telling you there has or has not been sufficient Relative Liquidity. (I wouldn't have a clue where to start to try and figure it out)
cheers

Liquidity isn't a problem. In fact Shorters actually help by continually turning over the stock. Getting into the current top 221 on the float-adjusted market capitalisation to stay in the ASX200 is the worry. Before the drop, the SP floated just on or below the top 200 in market cap. The question is, did the drop push BRN below the 221 cut-off float-adjusted? It's going to be a close run thing. It will depend on how high and fast the SP bounces.

Their are a lot of ASX companies in the $1.3B-$2B vying for a spot. The bottom of the top 200 is currently $1.6B (HMC and with todays drop my SYR is 199 so it won't get promoted). The 179th spot to get promoted is around $1.9B.

 

[Wags]

Liquidity isn't a problem. In fact Shorters actually help by continually turning over the stock. Getting into the current top 221 on the float-adjusted market capitalisation to stay in the ASX200 is the worry. Before the drop, the SP floated just on or below the top 200 in market cap. The question is, did the drop push BRN below the 221 cut-off float-adjusted? It's going to be a close run thing. It will depend on how high and fast the SP bounces.

Their are a lot of ASX companies in the $1.3B-$2B vying for a spot. The bottom of the top 200 is currently $1.6B (HMC and with todays drop my SYR is 199 so it won't get promoted). The 179th spot to get promoted is around $1.9B.

Thanks Proga,
Would be good to have a sustained and stable increase to the SP, and not to bounce in and out of the 200, though I guess at the end of the day, it doesn't really matter in the bigger picture.
thanks again

 

[Fact Finder]

The liquidity is based on the company's market turnover on the ASX, not the company's cash flow.

Dio is charming and witty? You learn something new every day.

View attachment 22890

Hi @Proga
Sorry for delay in replying have been dealing with a failed online order and then had to go out.

You are correct about the liquidity issue in so far as the type of liquidity you are referring to above goes.

I should have talked about my liquidity as being 'going concern status' of Brainchip but in my world 'liquidity' and 'going concern' are one in the same thing. There is a discretion at the end of the day when determining which companies get to stay when you have two companies in almost identical circumstances and one has to be tipped out or one has to be admitted. The overall status of the company determined either by earnings or liquidity (the going concern issue) will come into play. For a company to be considered a going concern at law it only needs 6 months of liquidity or cash so a very low bar however in Brainchips case it has over 18 months sitting in its account so it is clearly a solid company meeting this accounting standard in spades.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fact Finder]

I just came across this little news item and it best examples what I have been trying to argue here when we become uncomfortable with the way the share price performs and things do not happen with this company that based on our experience of other companies does not occur.

Brainchip in my personal limited experience is undoubtedly unlike any other company I have ever invested in but will concede that it could be for others who may have invested in Apple, Nvidia, Tesla, Intel at their very beginnings not so.

The point is for me a company like Brainchip is without precedent and in my opinion unless I maintain a complete open mind to everything that occurs until all of the facts are in making a firm judgement about why something is being or not being done I could be liable to make a grave mistake.

As I said I think the following will hopefully example this as I am concerned that some may think I will not accept criticism of how Brainchip goes about its business which is not the case but as I say until all the facts are known I want everyone to maintain an open mind otherwise we might as well all go back to HC and allow emotion and poor behaviour to rule:

"Scientists May Have Found Something Massive Living Under Antarctica
Scientists May Have Found , Something Massive Living Under Antarctica. The new study was published on Nov. 17 in 'Frontiers.'. Researchers say they've discovered a living world beneath the ice in Antarctica that may span 5 million square kilometers. Researchers say they've discovered a living world beneath the ice in Antarctica that may span 5 million square kilometers. BGR.com reports that for years, scientists have studied algae that is present in the summer in Antarctica, thinking that was the only time it emerged. But the new study suggests a large amount of these algae live under the ice even in the most extreme conditions. But the new study suggests a large amount of these algae live under the ice even in the most extreme conditions. This discovery challenges what we know about the continent, as it has been long believed that nothing could survive under the icy surface. It's also strange considering that algae and plankton need sunlight for photosynthesis. . The current theory is that the algae acquires enough sunlight to sustain itself via holes in the ice. Scientists think that with further research, more organisms may be discovered living under Antarctica. As ice shelves continue to melt due to climate change, there's no telling what may eventually be found."

Assuming this to be an accurate report at a University somewhere a whole lot of text books and courses will need to be thrown out or amended as the impossible, being the thing that did not exist, has been found. The perfect example of the 'unknown unknown'.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Proga]

Hi @Proga
Sorry for delay in replying have been dealing with a failed online order and then had to go out.

You are correct about the liquidity issue in so far as the type of liquidity you are referring to above goes.

I should have talked about my liquidity as being 'going concern status' of Brainchip but in my world 'liquidity' and 'going concern' are one in the same thing. There is a discretion at the end of the day when determining which companies get to stay when you have two companies in almost identical circumstances and one has to be tipped out or one has to be admitted. The overall status of the company determined either by earnings or liquidity (the going concern issue) will come into play. For a company to be considered a going concern at law it only needs 6 months of liquidity or cash so a very low bar however in Brainchips case it has over 18 months sitting in its account so it is clearly a solid company meeting this accounting standard in spades.

My opinion only DYOR
FF

AKIDA BALLISTA

Agree mate. Company liquidity isn't an issue. Christ, the company runs on a shoe string. When I first noticed its annual expenditure was $20m I found it hard to believe. I'm used to dealing with $100's of millions to billions.

The POA's from LDA Capital will keep it going until revenue clicks into gear. There is a minimum draw down of $15m between 1 Mar and 31 Dec 2022 plus another for next year. Should keep the lights on. LDA Capital are making a pretty penny off BRN by sticking solid. They have done well.

 

[jk6199]

Lots and lots of small to very small transactions today?

Is it just bots trying to maintain interest or shorters trying to flush out retailers to help them out?

 

[wilzy123]

Lots and lots of small to very small transactions today?

Is it just bots trying to maintain interest or shorters trying to flush out retailers to help them out?

48% of todays trades are sub-$600

Bot anyone?