BRN Discussion Ongoing

[Diogenese]

I have a question that I hope someone can help me with. I am attending the upcoming AGM in Sydney (for the first time) and was wondering for those attending the meeting how is your vote recorded at the meeting and linked to your shareholding?
Obviously everyone's shareholding varies, so how do they link this? Do you get a number, or have to record your result on paper?
Anyone?

Also, we know how many TSX contributors are attending?
Deena

Just hold up one finger for each million shares you own.
(FF's the bloke with both hands up.)

 

[Moonshot]

Think we’ve found one of the larger BRN shorters …..Plato funds management.

LinkedIn

This link will take you to a page that’s not on LinkedIn

lnkd.in

concerning that out of their universe of 10,000 global stocks to potentially short, Brainchip have the second most number of red flags (22 red flags) & Dr David Allen openly confirms they are one of Plato’s bigger shorts.

Extract
There are a lot of red flags on the ASX right now

Allen and his team have recently identified a higher average number of red flags per stock in Australia compared with other countries around the world. He's steadfast that he's not bearish on Australia, in general, but recommends investors avoid a "blind index approach".
Of the 10,000 companies in the Fund's investment universe, one Australian company has 22 red flags - Brainchip Holdings (ASX: BRN).


He also points to Weebit Nano (ASX: WBT) as another Australian-listed short in the portfolio - which he notes, has a valuation of more than $1 billion but makes "zero revenue".



View attachment 36433

Guess he’s going public as he wants to now buy back and retail to sell to him..

 

[Schwale]

Hmmmm ....

This bloke admits he does not know what's happening with AI, but he doesn't seem to have done anything to remedy that deficit. Is his reference to picks and shovels an indication of the field in which he is most comfortable?

I don't know what his 126 flags are, nor the 22 that BRN earned other than it is down 80% from its peak, and it has no income. He also pays a lot for his coffee.


He refers to BRN's peak SP, but he does not mention what triggered that spike.

I wonder how he developed a flag system for a first-in-the-universe digital spiking neural network IP licensing company start-up. There must have been lots of examples to develop 126 flags.

Of the 10,000 companies in the Fund's investment universe, one Australian company has 22 red flags - Brainchip Holdings (ASX: BRN).




"ASML (NASDAQ: ASML) has 88% market share, so a virtual monopoly in the deep ultraviolet lithography machines that are required to build the chips that are used in all of the technology around us, but specifically all of AI," he says.

"If you ask who is going to be the eventual winner of the AI race, it's very hard to say. But what you can say is that this picks and shovels approach of investing in the companies that are producing the machines that are producing the chips are going to win."

Yes, the US taking chip manufacture back in-house will cause a spike in UV lithography machine sales, and AI will increase the demand for new chips, but that does not make ASML an AI company.

Even though he makes most of his money from shorts, surely the time to short BRN was when it was $2.34?

Why would he choose to publish this negative post now that the BRN share price decline seems to have bottomed?

Sounds like his made his money on the way down now he trying make his money on the way up! From his point of view it's a win/win. Short selling should be outlawed.

 

[Frangipani]

Think we’ve found one of the larger BRN shorters …..Plato funds management.

LinkedIn

This link will take you to a page that’s not on LinkedIn

lnkd.in

concerning that out of their universe of 10,000 global stocks to potentially short, Brainchip have the second most number of red flags (22 red flags) & Dr David Allen openly confirms they are one of Plato’s bigger shorts.

Extract
There are a lot of red flags on the ASX right now

Allen and his team have recently identified a higher average number of red flags per stock in Australia compared with other countries around the world. He's steadfast that he's not bearish on Australia, in general, but recommends investors avoid a "blind index approach".
Of the 10,000 companies in the Fund's investment universe, one Australian company has 22 red flags - Brainchip Holdings (ASX: BRN).


He also points to Weebit Nano (ASX: WBT) as another Australian-listed short in the portfolio - which he notes, has a valuation of more than $1 billion but makes "zero revenue".



View attachment 36433

Ironically, when it comes to Brainchip, the analysts and portfolio managers at Plato Investment Management don’t practice what they preach, as they do not take their namesake’s advice, despite advertising it on their website:

“A good decision is based on knowledge and not on numbers.”
Plato (427-347 BC)

Well, I assume most of us genuine shareholders neither have worked for JP Morgan for 15 years nor have a PhD from Cambridge in Quantitative Finance, but eventually we’ll still outsmart this guy as we trust in the validation of semiconductor industry experts more than in the analysis of self-professed shorters, too short-sighted to foresee the impending paradigm-shift that neuromorphic computing will inevitably bring, transforming the future of technology. Or maybe Dr. David Allen isn’t actually that short-sighted after all, but on the contrary quite far-sighted and perspicacious and was a bit worried of late that the gradually rising BRN share price pre AGM might thwart his plans to load up cheaply big time.

Let me thus conclude with another fitting Plato quote (or at least often attributed to him): “Wise men speak because they have something to say; fools because they have to say something.” Methinks the word “motley” got lost in translation, though?


DR. DAVID ALLEN
Head Of Long/Short Strategies
David joined Plato in January, 2018. Prior to joining Plato, David worked for JP Morgan Asset Management in London for 15 years. He ran the JP Morgan Europe Strategic Dividend Fund from 2006-2010. In 2007, David designed and launched the JP Morgan Europe Equity Plus active-extension fund which grew to €6 bn. In 2009, he became a Managing Director and the Head of Research.

In 2011, David embarked upon a PhD in Quantitative Finance at Cambridge University focussing on portfolio construction. On his return to JP Morgan in a full-time capacity in 2013, David launched the JP Morgan Europe Equity Absolute Alpha Market Neutral fund. In its first twelve months of operation, the fund returned 22.5%, and grew assets to €1 bn. winning the Eurohedge UCITS best fund award.

David has a Bachelor of Business with First Class Honours from University of Technology, Sydney, and a PhD from Cambridge in Quantitative Finance.

 

[Yoda]

I have a question that I hope someone can help me with. I am attending the upcoming AGM in Sydney (for the first time) and was wondering for those attending the meeting how is your vote recorded at the meeting and linked to your shareholding?
Obviously everyone's shareholding varies, so how do they link this? Do you get a number, or have to record your result on paper?
Anyone?

Also, we know how many TSX contributors are attending?
Deena

I suggest voting online through the Boardroom prior to the meeting. I've done that and its very easy.

 

[Frangipani]

Geography never was my strong suit.

Don’t fret - do you have any idea how many northern hemispherists would not be able to give the correct answer to the question “What is the capital of Australia?”

 

[Deena]

I suggest voting online through the Boardroom prior to the meeting. I've done that and its very easy.

Thanks guys.

 

[AusEire]

Unfortunately, I don't have that "privelige".

Did you happen to abuse that privilege once upon a time?

 

[Diogenese]

Don’t fret - do you have any idea how many northern hemispherists would not be able to give the correct answer to the question “What is the capital of Australia?”

The correct answer is Dozitreelymatta.

 

[Tothemoon24]

Does Brainchip have a place in edge to cloud ? “collection & processed data edge to cloud”…?

Looking into a telco company , with some interesting drone technology

 

[AusEire]

See that on the crapper as well?

(ball) Sackman posted it yesterday morn and was going back n forth with him yesterday cause I posted this over there in response

He tried to dismiss as not related to Plato vid but my point was it was founded on shorting. Apparently couldn't follow my logic

Kinda like this guy as backs up opinion with supporting logic unlike (ball) Sackman.

Opinion: Time for ASIC to ban short-selling - Hewison Private Wealth

www.hewison.com.au

View attachment 36435 View attachment 36436 View attachment 36437 View attachment 36438 View attachment 36439 View attachment 36440 View attachment 36441 View attachment 36442

I think I've made my opinion on Short sellers(in particular those who short sell individual companies to screw the little guy) well known. But I guess there's no harm in stating it again.

You are scumbag rat c*** who deserves to be riddled with every horrible disease known to man.

The sooner its banned the better. The system is already rigged to favor institutions and short selling only adds to that.

 

[Investig8ed]

Hmmmm ....

This bloke admits he does not know what's happening with AI, but he doesn't seem to have done anything to remedy that deficit. Is his reference to picks and shovels an indication of the field in which he is most comfortable?

I don't know what his 126 flags are, nor the 22 that BRN earned other than it is down 80% from its peak, and it has no income. He also pays a lot for his coffee.


He refers to BRN's peak SP, but he does not mention what triggered that spike.

I wonder how he developed a flag system for a first-in-the-universe digital spiking neural network IP licensing company start-up. There must have been lots of examples to develop 126 flags.

Of the 10,000 companies in the Fund's investment universe, one Australian company has 22 red flags - Brainchip Holdings (ASX: BRN).




"ASML (NASDAQ: ASML) has 88% market share, so a virtual monopoly in the deep ultraviolet lithography machines that are required to build the chips that are used in all of the technology around us, but specifically all of AI," he says.

"If you ask who is going to be the eventual winner of the AI race, it's very hard to say. But what you can say is that this picks and shovels approach of investing in the companies that are producing the machines that are producing the chips are going to win."

Yes, the US taking chip manufacture back in-house will cause a spike in UV lithography machine sales, and AI will increase the demand for new chips, but that does not make ASML an AI company.

Even though he makes most of his money from shorts, surely the time to short BRN was when it was $2.34?

Why would he choose to publish this negative post now that the BRN share price decline seems to have

Guess he’s going public as he wants to now buy back and retail to sell to him..

My thoughts exactly

 

[Deadpool]

Hmmmm ....

This bloke admits he does not know what's happening with AI, but he doesn't seem to have done anything to remedy that deficit. Is his reference to picks and shovels an indication of the field in which he is most comfortable?

I don't know what his 126 flags are, nor the 22 that BRN earned other than it is down 80% from its peak, and it has no income. He also pays a lot for his coffee.


He refers to BRN's peak SP, but he does not mention what triggered that spike.

I wonder how he developed a flag system for a first-in-the-universe digital spiking neural network IP licensing company start-up. There must have been lots of examples to develop 126 flags.

Of the 10,000 companies in the Fund's investment universe, one Australian company has 22 red flags - Brainchip Holdings (ASX: BRN).




"ASML (NASDAQ: ASML) has 88% market share, so a virtual monopoly in the deep ultraviolet lithography machines that are required to build the chips that are used in all of the technology around us, but specifically all of AI," he says.

"If you ask who is going to be the eventual winner of the AI race, it's very hard to say. But what you can say is that this picks and shovels approach of investing in the companies that are producing the machines that are producing the chips are going to win."

Yes, the US taking chip manufacture back in-house will cause a spike in UV lithography machine sales, and AI will increase the demand for new chips, but that does not make ASML an AI company.

Even though he makes most of his money from shorts, surely the time to short BRN was when it was $2.34?

Why would he choose to publish this negative post now that the BRN share price decline seems to have bottomed?

Why would he choose to publish this negative post now that the BRN share price decline seems to have bottomed?

All of my associates on our monthly round table discussion (piss up) on everything relevant to ourselves, have labeled this ****ing clown Dr David Allen and Plato Investment Management, the devil incarnate, another wannabe Hindenburg Financial f***wit that would say anything and do anything to make a dollar.

He even uses the Dr title to sell his bullshit, a confidence man and snake oil salesman and the general consensus among our group a complete twat.

not only my opinion, dyor

 

[JDelekto]

Think we’ve found one of the larger BRN shorters …..Plato funds management.

LinkedIn

This link will take you to a page that’s not on LinkedIn

lnkd.in

concerning that out of their universe of 10,000 global stocks to potentially short, Brainchip have the second most number of red flags (22 red flags) & Dr David Allen openly confirms they are one of Plato’s bigger shorts.

Extract
There are a lot of red flags on the ASX right now

Allen and his team have recently identified a higher average number of red flags per stock in Australia compared with other countries around the world. He's steadfast that he's not bearish on Australia, in general, but recommends investors avoid a "blind index approach".
Of the 10,000 companies in the Fund's investment universe, one Australian company has 22 red flags - Brainchip Holdings (ASX: BRN).


He also points to Weebit Nano (ASX: WBT) as another Australian-listed short in the portfolio - which he notes, has a valuation of more than $1 billion but makes "zero revenue".



View attachment 36433

While I know how the mechanics of shorting work, it is not something I've ever been interested in attempting with my limited knowledge of investment techniques. Even if I had said experience, there are two reasons I wouldn't want to consider it. First, I am not one to invest in someone else's loss. Second, being at the wrong end of the trade could be a financial disaster for the person doing the shorting.

While there may be "22 flags" that a given analyst uses to determine what stock they choose to short on any given day, I feel that shorting a potentially disruptive technology stock just breaking into the industry is like playing with matches.

A person with a lemonade stand makes money now, reinvests in the business, and scales up over time. Technology companies selling hardware like BrainChip are making little to nothing on their product until it has been fully designed, tested, and released to developers. The majority of the money they are making comes from investors or loans. Even software tech giants can make money through advertising and gathering data, where the users are the product.

It takes time for hardware to be designed, tested, and marketed. Neuromorphic processors are a new technology for the industry, but it has specific applications identified as being well-suited. It will take time for the industry to adopt it. Based on what has been said by several people who have used BrainChip's technology, I have no reason to think that it will not be chosen for some specific technical reasons.

It has been argued that companies can use several other AI products to achieve their goals. I firmly believe any engineer worth their salt will minimize costs while reducing power requirements. Additionally, allowing a device to work on the edge in cases where connectivity does not exist is attractive from a usability and security standpoint.

As I've mentioned, I don't think BrainChip is a stock for the day trader. One would have to be trading a large volume to make it worthwhile. I also think a large number of shorts, lucrative in the company's infancy, can become far too risky for my tastes when a company like BrainChip is as far along as it is now.

 

[AARONASX]

FPO? that looks new

 

[Shadow59]

FPO? that looks new

View attachment 36449

I'm on Commsec at the moment and it doesnt say FPO

 

[BaconLover]

Sounds like his made his money on the way down now he trying make his money on the way up! From his point of view it's a win/win. Short selling should be outlawed.

Start of LDA deal, BRN SP approx 88 cents.
End of the LDA deal, BRN SP approx 35 cents.

Must be coincidence. And I'm sure they just wanted their 8% commission with 30 million at disposal to sell down. The instos are so straight forward, these guys would only use a "put option" to make that 8% on the market, surely.

FPO? that looks new

View attachment 36449

They changed it in 2020. Can view it on the browser but not on mobile I think.

 

[AARONASX]

Start of LDA deal, BRN SP approx 88 cents.
End of the LDA deal, BRN SP approx 35 cents.

Must be coincidence. And I'm sure they just wanted their 8% commission with 30 million at disposal to sell down. The instos are so straight forward, these guys would only use a "put option" to make that 8% on the market, surely.

They changed it in 2020. Can view it on the browser but not on mobile I think.

I'm on Commsec at the moment and it doesnt say FPO

Sorry, everyone .... all good! i refreshed it again and came back to normally

 

[Shadow59]

I'm on Commsec at the moment and it doesnt say FPO

 

[Xray1]

I think I've made my opinion on Short sellers(in particular those who short sell individual companies to screw the little guy) well known. But I guess there's no harm in stating it again.

You are scumbag rat c*** who deserves to be riddled with every horrible disease known to man.

The sooner its banned the better. The system is already rigged to favor institutions and short selling only adds to that.

IMO ...it will be most interesting to see what actually happens with the ASX once the gov't regulator fully investigates as to why the ASX didn't proceed on with the "Blockchain" technology given that they had spent well over ~$ 200million on it .........hmmm ?????? !!!!! . I was under the impression that the blockchain technology potentially had the ability to curb Stock Manipulation, Shorts, Bots, ...etc etc