BRN Discussion Ongoing

[Steve10]

Some macro info.

ING's James Knightley, reaffirms their call for rate cuts in the second half of 2023:

"Just over two weeks ago the expectation was that the Fed could be looking to get the Fed funds rate up to 5.5-5.75%, with some commentators talking about 6%. Markets are now barely pricing one further rate rise (around 15bp at the May meeting currently) and are looking for cuts later this year (somewhere between 50bp and 75bp from the peak).

We agree that we could get one final 25bp hike in May, leaving the Fed funds range at 5-5.25%. But higher borrowing costs and reduced access to credit mean a greater chance of a hard landing for the economy. Rate cuts, which we have long predicted, are likely to be the key theme for the second half of 2023 and we are favouring 75bp of easing in the fourth quarter of this year. As the chart above shows, it is important to remember the Fed never leaves it long between hiking and cutting rates. Historically it has been just six months between the last hike and the first rate cut."

Lloyd Bank's Rhys Herbert highlights the market view of a 75bp cut in 2023:

"Initial market reaction has seen a modest rise in equities while both short- and longer-dated Treasury yields are lower and the US dollar is down. Possibly most significant is that money markets are pricing in a strong likelihood of 75bp of interest rate cuts by year end, despite the Fed’s comments seemingly giving little support to that view. Whether that expectation proves to be correct seems likely to be a key issue for markets in the coming months and quarters."

FED Signals 2023 Interest Rate Cuts, Pound To Dollar Rate Climbs To 1.232

FED Signals 2023 Interest Rate Cuts, Pound to Dollar Rate Climbs to 1.232

www.exchangerates.org.uk

 

[Violin1]

Hello everyone, greetings to Australia and the rest of the world. *laughs.
Had two operations, one with success, one unfortunately without. So 50%. Like the glass of wine. half full!
Tell me, do I have to read everything here now? Did I miss a lot? Unfortunately, the course is not yet more stable, as I can see.

Welcome back home @Sirod69
Sorry to hear one didn't deliver for you. You sound like one tough young woman. Plenty to read but you won't miss critical info if you just do a quick scan. Look for Intellisense as you flick.

 

[buena suerte :-)]

Hello everyone, greetings to Australia and the rest of the world. *laughs.
Had two operations, one with success, one unfortunately without. So 50%. Like the glass of wine. half full!
Tell me, do I have to read everything here now? Did I miss a lot? Unfortunately, the course is not yet more stable, as I can see.

Rest up Sirod ... zeeb0t now does a 'Weekly round up' on what has been happening through the week (maybe out tomorrow?) so easy to catch up on what you may have missed ... cheers from OZ

 

[100baggerdreams]

Some perspective...

Redirect Notice

 

[Deleted member 1270]

View attachment 32864


I wonder if the Japanese just realize that our wonder chip is
connected to MegaChip.

It could be a general reaction to talks that Toshiba will be taken private by a group of Japanese companies.

 

[chapman89]

Softbank-owned Arm seeks to raise prices ahead of U.S. IPO - FT

Arm Ltd, owned by Japan's SoftBank Group Corp , is seeking to raise prices for its chip designs, as it aims to boost revenue ahead of an initial public offering in New York, the Financial Times reported on Thursday.

www.reuters.com

March 23 (Reuters) - Arm Ltd, owned by Japan's SoftBank Group Corp (9984.T), is seeking to raise prices for its chip designs, as it aims to boost revenue ahead of an initial public offering in New York, the Financial Times reported on Thursday.

The British chip designer recently notified several of its customers of a "significant shift" to its business model, the newspaper said, citing several industry executives and former employees.

Arm intends to alter its royalty program, ceasing to charge chipmakers royalties for using its designs based on a chip's value, and instead charge device makers based on the value of the device, the report said.

As a result of this change, Arm anticipates generating multiple times more revenue for each design it sells, since the value of an average smartphone far exceeds that of a single chip.

"Arm is going to customers and saying 'We would like to get paid more money for broadly the same thing',” a former senior employee who left the company last year told FT.

MediaTek Inc (2454.TW), Unisoc, Qualcomm Inc (QCOM.O) and multiple Chinese smartphone makers, including Xiaomi Corp (1810.HK) and Oppo, are among the companies that have been made aware of the proposed changes to pricing policy, the report added.

Arm declined to comment on the report when contacted by Reuters.

The company is likely to aim to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market launch this year, sources told Reuters earlier this month.

 

[rgupta]

Megachip is rising because they sell 300000 shares of sitime and start a on market buyback worth 3 billion Japanese yen.
On a good note megachips had 5 million shares of sitime. So the value of those shares only is 2 times the MC megachips.
So the market is realizing that megachips is in a mood to change the sentiments of their share.
I assume megachips share should be more than 5000 Japanese yen just from the holdingings in sitime.
DYOR

 

[jk6199]

Just reading how WBT have been shorted to the shit since entering the 300 at the same time as raising funds.

I also hold MSB and they are also high up in the shorted stakes like BRN.

I must admit, I'm normally a nice person, but probably wouldn't waste my urine if I saw a shorter on fire!!!

 

[Steve10]

Paragraph from the following article:

Among other things, the company is focused on power efficiency, conducting R&D on deep learning techniques for low-overhead implementations and optimization across hardware, algorithms and software — ”with a focus on fundamentals to accelerate deep learning workloads at low power to maximize overall efficiency,” the company says.

Wonder what the best low-overhead implementation solution is to accelerate deep learning workloads at low power?

Could it be Akida for 30c IP?

Qualcomm mentions ubiquitous in another paragraph in same article:

And Qualcomm is looking to enabling AI to achieve — become ”ubiquitous” — by making efficient hardware, advancing algorithmic science, and raising the bar on software tools the company makes available to developers and OEMs.

Is it a coincidence that BrainChip also mentions ubiquitous?

BrainChip’s vision is to make AI ubiquitous through innovation that accelerates personalized artificial intelligence everywhere.

Qualcomm Looks to The Horizon and Sees AI​

• 3 MIN READ
• 03.23.2023

BY JEFF KAGAN​

Equities columnist Jeff Kagan is a telecom, technology and wireless analyst and consultant. He covers 5G, AI, IoT, the metaverse, autonomous driving, healthcare, telehealth, pay TV and more. Follow him at JeffKagan.com and on Twitter @jeffkagan and LinkedIn.


As smartphone sales decline, chip companies like Qualcomm (QCOM - $124.15 2.18 (1.787%) ) are looking for new ways to demonstrate growth to investors, and artificial intelligence might be one new direction that proves fruitful.

The pressure is on. It’s a paradox of market leadership that top companies in a given industry are subjected to extra skepticism when they look to expand into new and untested areas.

To be sure, chip companies will continue to serve the smartphone (and tablet) industry; it’s their core market. But questions about continuing growth are real and investor skepticism is a given.

Qualcomm AI ambitions are not small.

Among other things, the company is focused on power efficiency, conducting R&D on deep learning techniques for low-overhead implementations and optimization across hardware, algorithms and software — ”with a focus on fundamentals to accelerate deep learning workloads at low power to maximize overall efficiency,” the company says.

Personalization is another area of development. The idea is that AI, through continuous learning, helps devices better meet and anticipate user needs and deliver better experiences.

And Qualcomm is looking to enabling AI to achieve — become ”ubiquitous” — by making efficient hardware, advancing algorithmic science, and raising the bar on software tools the company makes available to developers and OEMs.

So how viable is the AI opportunity for Qualcomm? On one hand I agree with the company: AI will without doubt play an increasing role in the wireless industry and the ecosystem of other industries that depend on wireless. That’s the good news.

The bad news is that the history of market leaders’ staking out new markets is decidedly mixed. Some have been moderately successful; others have been complete failures. Apple, for example, building on the success of the iPhone, created new products like the iPad, Airpods, AirTag and more. None has come close to the iPhone (though Airpods’ growth has been impressive).

AT&T (T - $18.46 0.07 (0.381%) ), looking to feed its own growth-hungry investors, acquired Time Warner, CNN, Warner Brothers Studio and more — and created WarnerMedia. After several years of trial and error, the company ultimately failed and exited this new segment. Fortunately, 5G has proved to be a real growth opportunity, and that’s where their focus is today.

Verizon (VZ - $37.37 0.06 (0.161%) ) had much the same problem. It too saw wireless growth slowing, and made some acquisitions (AOL and Yahoo!). After several years, Verizon too admitted defeat and exited. The company has been looking for new growth for a while now.

Today, both AT&T and Verizon are solid wireless carriers, but they are still licking their wounds from past strategic digressions.

In fact, in the late 1990’s AT&T failed spectacularly. It acquired TCI and became the largest long distance and cable television giant in the industry. That lasted for a brief and shining moment, then the whole thing collapsed. A much smaller and weaker AT&T ultimately sold itself off.

So the challenge Qualcomm faces is quite daunting. They have been touting their movement and expansion into new segments like autonomous driving, healthcare and more — none of which is going to pay off in the short-term.

Qualcomm Looks to The Horizon and Sees AI - Equities.com

As smartphone sales decline, chip companies like Qualcomm () are looking for new ways to demonstrate growth to investors, and artificial intelligence might be

www.equities.com

The challenge is actually quite easy for Qualcomm. Integrate Akida IP. The columnist needs to be pointed in the right direction.

 

[rgupta]

Just reading how WBT have been shorted to the shit since entering the 300 at the same time as raising funds.

I also hold MSB and they are also high up in the shorted stakes like BRN.

I must admit, I'm normally a nice person, but probably wouldn't waste my urine if I saw a shorter on fire!!!

Right approach. But look at the history of Tesla. Tesla was the most shorted stock on nasdaq before it explode. The prices goes from $150 to $2400 before settling around $600.
So a shorter is a big trouble as well as a big opportunity.
DYOR

 

[Morgo]

It's obviously a testing time for a number of shareholders, but I suggest you quietly think of why you bought into our company
in the first place.

I have NEVER lost faith in Peter to deliver, and up to this point, he has as our lead Neuroscientist
I have NEVER lost faith in Anil to deliver, and up to this point, he has as our lead Design Engineer.

They lead this company together, it's very easy to criticize.

We now have 15 companies (many very large) linked with us as partners, just wind the clock back to 2019/2020 and appreciate
where we were then with where we are now....we are growing, but not the way you may like, have you ever run your own technology
company, have you ever created revolutionary technology that is years ahead of other very highly intelligent individuals, who refer to
our technology as mind boggling science fiction, the answer is no.

No one tech company can travel this next stage alone, we need them and vice-a-versa, we all get to win, including the public, has this
journey been hard to swallow at times, yes it has, has the company to date found that because our technology is so advanced it has
and still is taking longer for general acceptance to become the norm, yes they have.

Sean has stated clearly, the company wishes to convert on all this hard work, and they are, some just can't see the big picture yet.

You, including myself, are being seriously tested, it's a game of wills, if you believe your spirit has been broken, well it probably has been,
who's doing all this selling and buying, it's certainly not me or any of my friends, that is, shareholders in the top 100 out of 40,000 odd.

Without harping on any longer, my personal review date of 1 January 2025 sits extremely well with me, it's no use saying, be patient, you
are either with Brainchip or you are not, you choose.

Not judging anybody on this forum, it's a free world, make a decision that suits your own circumstances, I totally respect that.

Tech

I was in the "top 100 out of 40,000 odd" shareholders until last Tuesday, when I had to sell 500,000 shares to fund something else, but still own north of a million shares (now free-carried).

One thing I did find fishy about the sell/buy transaction was that prior to pressing the sell button, I checked the market depth and individual buy bids and there weren't any huge orders there waiting, but to my surprise someone out of nowhere bought the whole 500,000 in one trade @ 46c, (not multiple buys for the total amount of shares). can someone please explain how this can happen, it all happened in a blink of an eye with the "sell order placed and sell order filled" emails arriving within a couple of seconds of the order being place, Hmmmmmmm????

 

[TECH]

Hey TECH ... Absolutely with you on all of this mate ..... And your date of 1st Jan 2025 I'm presuming is for "The Big time" for bulk Revenues/Royalties etc to come rolling in, and a possible listing on the NASDAQ!? (any earlier we will just get chewed up and spat out!!!) So from now until that date I'm seriously confident the company will be building our lead in the Ai Neuromorphic field from strength to strength and more great deals signed sealed and delivered and an ever increasing SP/MC.

Hold tight peeps we are experiencing a VERY turbulent time!!! but we will emerge as Victors (Just one 'power' announcement )

Have a great Friday ....... A Green one would be much appreciated

Hi K...I think that the company would have discussed the possibility of entering the Nasdaq, our Board has changed dimensions
over the last year or two, it's a powerful Board, with 3 Australian and 3 USA members, whose input would be focused on the best
possible outcome for the company as a whole, the Nasdaq will be calling, but not just yet, the timing maybe right beyond 2025.

My personal review date isn't actually for "the big time" as such, it's more about confirming in my mind that we have seen a steady
4 quarters of sustained growth up to that point, with possibly around 40 companies having joined our partner/ecosystem.

Some company will make a play for us, and possibly have already started running the ruler over our huge potential, but the picture
will become clearer over the next few years when we and they see actual products in the market place and Brainchip as a company
starting to be rightfully acknowledged as the leader worldwide, the go to company for event based processors, IP, intelligent engineering
staff who are the most qualified team in Neuromorphic computing and implementation of AI at the far edge.

If we are truly acknowledged by then, well, the suitors will be circling and depending if Peter and Anil decide to retire or not, things could
really heat up your superannuation funds...that's my overview looking into the future.

Just one shareholders views.

Cheers....Tech

 

[Steve10]

Right approach. But look at the history of Tesla. Tesla was the most shorted stock on nasdaq before it explode. The prices goes from $150 to $2400 before settling around $600.
So a shorter is a big trouble as well as a big opportunity.
DYOR

Nvidia peaked at $6.06 intraday in January, 2002 a few years after their IPO & then bottomed at 61c in October 2002 = 90% decline.

Today, Nvidia SP is $271.91 or up x445 since the October 2002 bottom. Reached $346.47 SP in November 2021 equating to x568 upside.

Imagine the fear in market during dotcom bust when Nvidia SP declined to 61c in 2002. Buyers had up to x568 upside in 19 years.

Poor market sentiment due to high CPI/high rates in 2022/23 has created a similar buying opportunity now for BRN.

 

[Fact Finder]

I was in the "top 100 out of 40,000 odd" shareholders until last Tuesday, when I had to sell 500,000 shares to fund something else, but still own north of a million shares (now free-carried).

One thing I did find fishy about the sell/buy transaction was that prior to pressing the sell button, I checked the market depth and individual buy bids and there weren't any huge orders there waiting, but to my surprise someone out of nowhere bought the whole 500,000 in one trade @ 46c, (not multiple buys for the total amount of shares). can someone please explain how this can happen, it all happened in a blink of an eye with the "sell order placed and sell order filled" emails arriving within a couple of seconds of the order being place, Hmmmmmmm????

That which happened to you is common because of the ASX allowing bots direct access. There is no doubt they can hold orders back and execute in real time.
My son and I on two thinly traded shares had exactly the same thing occur yesterday. In both cases there were good reasons for someone to be accumulating.

Here we have shorts as potential buyers and institutions accumulating. Take your pick.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[supersonic001]

The Age of AI has begun | Bill Gates | 1,066 comments

I’m lucky to have been involved with the PC and Internet revolution. I’m just as excited about this moment with artificial intelligence. | 1,066 comments on LinkedIn

www.linkedin.com

 

[Sotherbys01]

Just bought some more @ .42 cents.

I think I'm now in the top 300

My personalised number plate will simply have the word "JAST" on it

 

[skutza]

I was in the "top 100 out of 40,000 odd" shareholders until last Tuesday, when I had to sell 500,000 shares to fund something else, but still own north of a million shares (now free-carried).

One thing I did find fishy about the sell/buy transaction was that prior to pressing the sell button, I checked the market depth and individual buy bids and there weren't any huge orders there waiting, but to my surprise someone out of nowhere bought the whole 500,000 in one trade @ 46c, (not multiple buys for the total amount of shares). can someone please explain how this can happen, it all happened in a blink of an eye with the "sell order placed and sell order filled" emails arriving within a couple of seconds of the order being place, Hmmmmmmm????

They cheat, its a simple as that. I had evidence of it (screen shots) and I sent them through to ASIC, all I got back was thank you.....nothing more.

I had a buy order in and it got hit (on another stock) but only roughly a third went through. However 2 minutes later there were sells that went to another buyer that had somehow (even though my order had been hit and i was sitting at the top of the buy order) jumped the pile and i never got to fill my order, I had to buy higher to complete. So yeah they cheat it's a simple as that, 100% The ASX or whoever is in charge of this stuff allow big funds to jump the queue.

 

[buena suerte :-)]

Hi K...I think that the company would have discussed the possibility of entering the Nasdaq, our Board has changed dimensions
over the last year or two, it's a powerful Board, with 3 Australian and 3 USA members, whose input would be focused on the best
possible outcome for the company as a whole, the Nasdaq will be calling, but not just yet, the timing maybe right beyond 2025.

My personal review date isn't actually for "the big time" as such, it's more about confirming in my mind that we have seen a steady
4 quarters of sustained growth up to that point, with possibly around 40 companies having joined our partner/ecosystem.

Some company will make a play for us, and possibly have already started running the ruler over our huge potential, but the picture
will become clearer over the next few years when we and they see actual products in the market place and Brainchip as a company
starting to be rightfully acknowledged as the leader worldwide, the go to company for event based processors, IP, intelligent engineering
staff who are the most qualified team in Neuromorphic computing and implementation of AI at the far edge.

If we are truly acknowledged by then, well, the suitors will be circling and depending if Peter and Anil decide to retire or not, things could
really heat up your superannuation funds...that's my overview looking into the future.

Just one shareholders views.

Cheers....Tech

Cheers C ... Yep 4 quarters of positive cash flow for 2024 and hopefully we will get that positive 'cash flow ball rolling' for the remaining quarters of 2023! So much can happen with the drop of a huge announcement!! And that could be at anytime!! I'm hoping before the AGM!?

"It's a powerful Board, with 3 Australian and 3 USA members" as you say a very powerful board and they have all left huge global companies to come and join good old Brainchip! I wonder why?... after personally meeting with many of them here in Perth over a glass of wine or three their future outlook for Brainchip's huge success was Extremely positive and very encouraging!!!

In the not too distant future IMO we will look back at these days of low SP/heavy manipulation and pure frustration and just smile and pat each other on the backs... toast a few ... and say we kept our faith in the company and it's ground breaking, world changing ubiquitous technology that we initially believed and invested our hard earned $$$$$ in the first place and survived the tsunami of shorting!

We will Prevail!

Have a great weekend Chippers .....cheers

 

[FabricatedLunacy]

Added extra 17k shares to my super. That's it I will sit back and wait until I can get to it in 12 years earliest.... or we drop further, bringing me below 20% again and then I add more again

 

[HopalongPetrovski]

Right approach. But look at the history of Tesla. Tesla was the most shorted stock on nasdaq before it explode. The prices goes from $150 to $2400 before settling around $600.
So a shorter is a big trouble as well as a big opportunity.
DYOR

That's like saying that hitting yourself in the head with a hammer is a positive thing because it feels so good when you stop.