Australian (ASX) Stock Market Forum

BRN - Brainchip Holdings

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‘Dona Ferentes’
This is done using a standard CMOS image sensor and a regular dot projector along with a proprietary and patented technique to produce 3D point cloud data

As a full time electrician and part time trader only going for roughly 8-9months, I may be asking a silly question here but....
Being a ‘proprietary and patented technique’, this means no one else can copy or duplicate right???
If this is the case, what happens if a huge company wants to buy this patent and BRN accepts? I’m asking as I bought $1000 of shares @ 0.325c
What would happen to my shares, just out of curiosity?


 
Booze said:
‘Dona Ferentes’
This is done using a standard CMOS image sensor and a regular dot projector along with a proprietary and patented technique to produce 3D point cloud data

As a full time electrician and part time trader only going for roughly 8-9months, I may be asking a silly question here but....
Being a ‘proprietary and patented technique’, this means no one else can copy or duplicate right???
If this is the case, what happens if a huge company wants to buy this patent and BRN accepts? I’m asking as I bought $1000 of shares @ 0.325c
What would happen to my shares, just out of curiosity?

Click to expand...
The company would buy these at a usually premium to current price and you would happily get a cheque in the mail.then you could reinvest in the buyer if you feel like it...
 
Booze said:
‘Dona Ferentes’
This is done using a standard CMOS image sensor and a regular dot projector along with a proprietary and patented technique to produce 3D point cloud data

As a full time electrician and part time trader only going for roughly 8-9months, I may be asking a silly question here but....
Being a ‘proprietary and patented technique’, this means no one else can copy or duplicate right???
If this is the case, what happens if a huge company wants to buy this patent and BRN accepts? I’m asking as I bought $1000 of shares @ 0.325c
What would happen to my shares, just out of curiosity?

Click to expand...
They'd shoot up in value, and then it's up to the company as to what they want to do with the money. They might pay it to you as a dividend, they might reinvest it, they might do a bit of both.
 
Screenshot_20200903-213332.png


Hope you are having fun @MovingAverage ! :xyxthumbs
A high of 0.595 today... note the gap around 0.33
Enjoy.;)
 
Well when one of your first customers is based around NASA, you’d have to figure selling to others might just be an easier sell.
 
BRN just keeps giving
Joules MM1 said:
when the s&p200 dumps 150, BRN opens at .455 goes .435's then rips upto .525's
...chased stock...
Click to expand...

Given the big sell off in tech stocks overnight I was half expecting to see BRN get a bit of a flogging today, but hey there's still time for that today
 
Joules MM1 said:
when the s&p200 dumps 150, BRN opens at .455 goes .435's then rips upto .525's
...chased stock...
Click to expand...

i should have balanced the comment with the question "by whom?"

ask yourself, why does a stock plummet on great news and why does a stock rocket on great news?

nothing to do with the news value only the opportunity the news value provides to the other side of the trade.....
 
There was no news that triggered the massive selloff in the U.S though. Absolutely nothing. In fact, all the cloud etc stocks rocketed both before & especially after zoom's blowout earnings report, and the ones like crowdstrike & docusign actually beat estimates significantly as well and still dropped massively.

Every talking head (and forum member for that matter) you can think of is basically just going "well yeah a correction was due at some point" but as soon as anyone asks them what's triggered it, the response is crickets.
 
Monday, Sept. 7 Labour day holiday in US.
Friday ie. tonight 1/2 day trading I believe.

Traders wanting to count their money ahead of the spread of Covid over the long weekend ;)
 
SuperGlue said:
Monday, Sept. 7 Labour day holiday in US.
Friday ie. tonight 1/2 day trading I believe.

Traders wanting to count their money ahead of the spread of Covid over the long weekend ;)
Click to expand...
I get you, but we're talking (depending on the stock) up to a 20% run in a single day both up and down:

444.jpg

Not even the selloff before earnings season was like this. That was about 8% between both thurs & friday before iirc. Docusign even reported earnings above estimates on wednesday.

This is nuts.
 
MovingAverage said:
Funnily enough I feel very nervous about holding this stock....the word "overheated" comes to mind. This stock seems to regularly put on double digit moves
Click to expand...

MovingAverage,
Try not to sell unless you really have to as this is only the beginning of the BRN journey. (My opinion only). Their technology is up with if not ahead of most in the AI field. The initial run of chips manufactured are being distributed to about 20 partnership deals most of whom have non disclosure arrangments so their competitors don't know the details.
For what was a little Australian company to have partnership trial deals with the likes of Socionext, Maikeye (3D field), Ford (electic cars), Vorago Technologies (NASA Phase 1 trial) the variety is endless. The other trial deals are expected to be just as big.

DYOR
 
access said:
MovingAverage,
Try not to sell unless you really have to as this is only the beginning of the BRN journey. (My opinion only). Their technology is up with if not ahead of most in the AI field. The initial run of chips manufactured are being distributed to about 20 partnership deals most of whom have non disclosure arrangments so their competitors don't know the details.
For what was a little Australian company to have partnership trial deals with the likes of Socionext, Maikeye (3D field), Ford (electic cars), Vorago Technologies (NASA Phase 1 trial) the variety is endless. The other trial deals are expected to be just as big.

DYOR
Click to expand...

Thanks for the insight @access . I'm more of a system trader so don't normally look too much into companies. But BRN has caught my attention as my systems don't normally catch companies that have such rapid rises. They certainly seemed to have developed some seriously cool technology--I wish them the very best as it's great to see a small Australian technology company like this playing in the global technology industry.
 
Now it has a market cap near $1.4billion, the "unicorn' word is tossed around;
"I don't think anybody, no one, expected we'd have the kind of [share price] appreciation that we've enjoyed over the last two or three weeks," [Brainchip] CEO Louis DiNardo said from San Francisco. "I think there's a lot of very happy shareholders out there."The last two or three weeks have just been phenomenal. We've gone from the mid 20s – when it hit 40 I said what's going on, when it hit 50 I started scratching my head, now we're sitting well over 80 and into the 90s"
Click to expand...
(Rule #1: don't watch the stock price. And besides, it slipped from a high of 97c today to close at 75c)

Institutional shareholders include Regal Funds Management, Thorney Technologies and Metals X Ltd. According to Bloomberg data, beneficial interests in Western Australian tin miner Metals X still account for 3.7 per cent of BrainChip's share register. This is after BrainChip executed a backdoor listing out of Aziana, of which Metals X was the major shareholder [and] underwrote $3.5 million of a $4 million capital raising to fund the BrainChip acquisition. Metals X is still BrainChip's fourth-largest shareholder behind the company's founder Peter Van Der Made, Robert Mitro, and Regal.

The artificially intelligent chip maker's story is also extremely popular among retail investors...
Click to expand...

After four of five years of development the CEO said BrainChip was ready to commercially manufacture its chip on behalf of customers in heavy industries such as automobiles, surveillance, or space. Mr DiNardo stated investors could expect "significant" revenue in 2021, although declined to guide to any approximate dollar values.
"Significant depends on your viewpoint, but certainly by the second half of the year it should be significant and we'll be kind of weaning ourselves into it early in the year," he said....
Click to expand...
The company is also due to join the S&P/ASX Technology Index on September 21 in a move Mr DiNardo suggested has brought the company to the attention of more institutional investors.

and of course, the usual suspects now get mentioned.... a "takeover target for giant semi-conductor players such as Intel, Nvidia and Micron."
 

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