Share price movement of Brainchip, discussion, The Good The good and the good only.

[alwaysgreen]

Your agenda here is now known. You bore readers

Please enlighten me on my agenda.

 

[Cardpro]

Please enlighten me on my agenda.

Apparenrly you are the mastermind driving our share price down

It's not the management's fault at all as all they've done is nothing but positive things for us. It's the shorters and negative posts ... I guess that is why we have so many happy share holders on this forum regardless of the share price, it's the effort that counts!!

Imo only

 

[buena suerte :-)]

When is the quarterly due out Rocket?

By end of July

 

[hotty4040]

I’ve been where you are mate, you’re emotional and it’s understandable. The share price is dogshit, we’ve had very little news, and the mood is pretty ordinary.

Lets take a step back though and have a look at it with a different perspective.

Manipulation

There are plenty of sophisticated commercial traders looking to make a dollar. They don’t care how this dollar is made, they just look for opportunity and drive it has hard and as far as they can. This happened on the way up to $2.37, and it’s now happening on the way down. They dont care about fundamentals, progress, partners, whatever - they just look for weakness and they exploit it. This is happening right now in the form of shorting. The bottom is when they can push it down no more.


Team

Our team and BOD consists of some very experienced industry experts. Some with 20+ years in companies which we aspire to be like - I'm taking about ARM. Why would these people that know industry, that know the tech, leave these longstanding senior positions, to join a start-up unless it was something special? I had a chat with Antonio recently and I was astonished by his career and achievements. These people aren’t idiots and can easily smell a dud when its put in front of them… instead, they left their previous roles and joined us.


Technology

This has been validated time and time again. Socionext, Nasa, Mercedes, Renesas, Megachips – nobody denies that it works. We’ve seen the demos first hand – Akida is something special. Apparently too special as it caught many of our EAPs off guard, and they’re now having to hit the drawing boards to see how they can better use it. This was how it was explained to me by someone within the company at least anyway.



Patents

We have plenty of these and assuming SNN edge computing will take off how we expect it to, then I think were in a great position here. Sooner or later other organisations will start to bump into these, and they will be forced to adopt IP licences of some sort. Personally, I suspect this is the reason why Intel recently partnered up with us.


The Illusive EAP

Now one of two things is happening here:

1. The company is lying to us and the market – in which case the company is doomed. Now I can’t see why they would commit suicide like this, especially when we’ve seen revenue from the original participation fees, and they would have no need to if the tech was good (which it has proven to be); or

2. They are telling the truth – now let’s assume this is the case. We have been told that there are a dozen plus “household names” under NDA, and they are working with Brainchip engineers to implement Akida into their product (future offerings or otherwise). They’ve had a couple of years now and must be getting closer to concluding their engineering works. Again, take this with a pinch of salt as I’m just a stranger on the internet, but I have had conversations with a person who works in Brainchip on more than one occasion who has told me to my face, that nobody has dropped out of the EAP, and that these companies are taking longer than Brainchip had expected.


Partnerships

I have been known to be critical of these, and I’m the first to admit it. But the reality is that reputation damage is a massive risk for all organisations, and risk management is a field that I happen to work in. Before a company decides to get into bed with another, they would absolutely be doing their due diligence. The fact that Intel and Arm and partnered with us speaks volumes to this and in my eyes was a significant de-risking for us.

They are giving their customers access to our product, and in doing so are endorsing it – What would they do that? I think its because they see widescale future use cases and adoption and want to get their tax from it.

Last month I met with a good chunk of the Senior Team, and along with some others engaged and effectively vetted them for a good two hours. The next day I bought more shares. I may be a sucker that got talked around, but I believe that they had confidence in the company, the product, and each other. Despite Sean's terrible speech at the AGM, he seemed confident in their plan, and almost revoked himself in the “ASX Investor” interview the day prior. They truly believe that sales are coming – and they are the ones that know what's going on behind the NDA.

I’ll wrap this up now, but aside from nothing being announced, nothing has changed.

I see a company with a product, a great team, a plan, and commercial interest (I was told hundreds of NDAs exist). I see a company that has tight lips and doesn’t release information that may inadvertently affect these NDA potential customers. I also see a company that is being aggressively shorted.

Unless you’ve done the research here, you really wouldn’t think its anything special. But I remain hopeful that those who have will be rewarded when the cover starts being peeled off.

robsmark:

What a great and heartening response. In a nutshell, this response describes why we are invested in this new/ groundbreaking technology. The NDA's - EAP's ( they haven't gone away apparently ) is the one " just one " reason we are onboard, and this alone is why we are involved. But, there is more, much more Brainchip are offering.

We have patents ( umpteen of them ) that aren't going away, and more to come we are told. Just another reason for us all to remain confident. And there are many more reasons for being positive, I could go on and on, but I won't, just look at all the great partnerships we are involved in now, just to finally add another quick one, before I start boring everyone.

Head's high comrades, for the next news, which ain't far away IMHO.

Akida Ballista ( YES )

hotty...

 

[Deleted member 118]

Must be a record 8 consecutive red days

 

[Townyj]

Must be a record 8 consecutive red days

IMO the way things are going we may even hit the 20's at some point. Right now it seems anything is possible within this Market.

 

[buena suerte :-)]

IMO the way things are going we may even hit the 20's at some point. Right now it seems anything is possible within this Market.

Yep looking that way mate with another five days of trading next week I don't think the shorters are letting up this side of the EOFY!

We have now hit my 34.5c entry point in March 2015!!!! :-(

 

[Townyj]

Yep looking that way mate with another five days of trading next week I don't think the shorters are letting up this side of the EOFY!

We have now hit my 34.5c entry point in March 2015!!!! :-(

Yeah its looking rough... dont wanna play into the Insto's hands so riding this out. May need to switch off for a year or two even. Hardly looked at my commsec so i dont get pissed off haha.

 

[robsmark]

Yep looking that way mate with another five days of trading next week I don't think the shorters are letting up this side of the EOFY!

We have now hit my 34.5c entry point in March 2015!!!! :-(

Im significantly underwater now.

 

[buena suerte :-)]

Yeah its looking rough... dont wanna play into the Insto's hands so riding this out. May need to switch off for a year or two even. Hardly looked at my commsec so i dont get pissed off haha.

Im significantly underwater now.

I'm actually thinking about a wee top up!!... ... see how we go next week!?

 

[Townyj]

I'm actually thinking about a wee top up!!... ... see how we go next week!?

Yah.. im thinking the same. Not chasing this knife though...

 

[Kachoo]

I'd prefer if nobody tops up, seems to just keep falling when peeps here top up
View attachment 38781

I'm absolutely absolutely shocked with the share price these days. I'm trying to transfer my super to self direct so I can purchase a few more. The company keeps moving and working at growing the business.

This action reminds me of the movie the big short and if you watch and see how a whole sector can be manipulated it not be too hard to see how BRN price could be smeared down temporally till revenue comes in.

Has anyone looked at the institutional ownership lately?

Anyway all have a good day

 

[Deleted member 118]

IMO the way things are going we may even hit the 20's at some point. Right now it seems anything is possible within this Market.

Maybe I’ll wait to purchase more

 

[Mccabe84]

I'm absolutely absolutely shocked with the share price these days. I'm trying to transfer my super to self direct so I can purchase a few more. The company keeps moving and working at growing the business.

This action reminds me of the movie the big short and if you watch and see how a whole sector can be manipulated it not be too hard to see how BRN price could be smeared down temporally till revenue comes in.

Has anyone looked at the institutional ownership lately?

Anyway all have a good day

See attached pic, should be updated in the next couple of weeks

 

[Kachoo]

See attached pic, should be updated in the next couple of weeks

Thanks clearly they are adding shares to their holding.

It could be for 2 reasons.

1. As price drops they need to maintain their percentage levels.
2. They are accumulating as they see future value in BRN.

I do not believe it's option one as the institutions would have pressured the ASX200 to drop BRN but again it's just a thought and opinion of mine.

 

[SharesForBrekky]

See attached pic, should be updated in the next couple of weeks

Quite interesting with comparing the share price movement to how much the institutions own.

There was a bit of a surge in institutional ownership the few months prior to the mercedes announcement and a steady increase in the share price.

From the Jan 22 to Oct 22, the share price was pretty steady (excluding the big spike in Jan 22) and the institutional ownership remained flat (even decreasing at times).

Then from Oct 22, there has been a steady increase in institutional ownership, while there has been a steady decrease in the share price.

From this, I can say institutions may have a big say in how the share price has been tracking.

 

[SharesForBrekky]

Just wondering what you guys think as it's been on my mind since Brainchip has remained in the ASX200.

With the institutional ownership steadily increasing, do you think this may have an influence on Brainchip remaining in the ASX200, despite where the market cap is at?

In other words, a number of these institutions who are regularly increasing their holdings are heavily connected to buying up the ASX200 companies, and therefore they will not want Brainchip to exit the ASX200. So they'll do what they can to keep Brainchip in the ASX200.

Not really sure how much of an influence they have, just a thought that's been on my mind.

 

[Kachoo]

Yes I'm pretty shocked at where the price is, kinda hard to keep the rose tinted glasses on to be honest considering we are supposed to be at forefront of neuromorphic technology.
I suppose this what we get from not having any announcements on the asx platform.
View attachment 38783

In the end price will be dictated by earning in the future and growth potential. So even if there were fluff announcement just to announce stuff they be little ups and downs.

That said the company could have done better providing better clarity on the cycles of adoption and a bit clearer indication of the technological achievements. But feel that some of their partners want them to keep a cap on what Akida can do in a way until they have it figured out. I feel that we do have a good balance of partners that then spread out to more customers and so fort. Obviously my belief was we would achieve in 2023 what looks to be 2024 but then there are a tonne of global issues and many companies have to watch budgets and play the safe card.

 

[buena suerte :-)]

" 8 years of patience is starting to wear a bit thin atm."

Totally with you on that one Rise

 

[Sotherbys01]

Me too, been holding since AZK days