Brn - brainchip holdings

[bullfrog]

Make that Up 53% today

thats what happens when you get in with NASA

[Aotea]

What a day...held these since 2015. I wonder what they'l be like in another five years time?

[RupertBear]

Thanks for alerting me to this one Moka and for all your helpful posts. I took a small holding a few days ago so lucky timing with todays news. Hope this continues to be a cracking rocket ship for you and other holders, cheers

[moka]

Yes off like a rocket today with NASA announcement. Not to the moon though.

http://deepinvesting.net/2020/09/02/...collaboration/
BrainChip Holdings Announces Vorago Technologies Collaboration
BrainChip Holdings Ltd (ASX: BRN), a leading provider of ultra-low power high performance AI technology, today announced that VORAGO Technologies has signed the Akida Early Access Program Agreement. The collaboration is intended to support a Phase I NASA program for a neuromorphic processor that meets spaceflight requirements. The BrainChip Early Access Program is available to a select group of customers that require early access to the Akida device, evaluation boards and dedicated support. The EAP agreement includes payments that are intended to offset the Company’s expenses to support partner needs.

[moka]

Yes off like a rocket today with NASA announcement. Not to the moon though.

http://deepinvesting.net/2020/09/02/...collaboration/
BrainChip Holdings Announces Vorago Technologies Collaboration
BrainChip Holdings Ltd (ASX: BRN), a leading provider of ultra-low power high performance AI technology, today announced that VORAGO Technologies has signed the Akida Early Access Program Agreement. The collaboration is intended to support a Phase I NASA program for a neuromorphic processor that meets spaceflight requirements. The BrainChip Early Access Program is available to a select group of customers that require early access to the Akida device, evaluation boards and dedicated support. The EAP agreement includes payments that are intended to offset the Company’s expenses to support partner needs.

BRN jumped back in September up to 97c because of news of this collaboration with Vorago working on a NASA project. The announcement today is a different NASA project/contract. It dropped back to 30c - 40c for the last couple of months. It waas 32.5c before the trading halt.

https://finance.yahoo.com/chart/BRN....wgKDE0KSJ9fX19

[RupertBear]

Thanks Moka, it will be interesting to see where the sp heads today

[moka]

Thanks Moka, it will be interesting to see where the sp heads today

Closing SP was 42c up 9.5c = 29.2% on 80m shares - $36m turnover, on 24 December, significantly above the usual volume of between 3m – 10m shares. 51c high and 41c low.

It is still early days though as last time the NASA related announcement (Vorago Technologies Collaboration) was made on 2 September, and it took a week to peak at 97c on 9 September.
So it takes a while for the news to filter through and for people to take in and react to the news, and with the Christmas/New Year break it will probably take longer with this announcement.


https://kalkinemedia.com/au/news/live/brainchip-shares-zoomed-on-its-first-akida-ip-license-agreement-with-renesas-electronics-america

BrainChip Shares Zoomed on its First Akida™ IP license agreement with Renesas Electronics America
BrainChip Holdings Ltd (ASX:BRN) has signed an Intellectual Property (IP) license agreement with Renesas Electronics America Inc for a single-use, royalty-bearing, global IP design permit for the rights to utilize the Akida™ IP in the customer’s SoC products.
Renesas Electronics America Inc is the subsidiary company of Renesas Electronics Corp which is a Japan-based, tier-one semiconductor manufacturer concentrating in the microcontroller & automotive SoC products.

[percy]

Revenue..............US $13,397,000
Loss.....................US $6,858,171
Market cap at 47.5 cents is $478,800,000 ie 35.74 times revenue.
Perhaps it could be said a lot of future profits are already built into the share price.

[moka]

Revenue..............US $13,397,000
Loss.....................US $6,858,171
Market cap at 47.5 cents is $478,800,000 ie 35.74 times revenue.
Perhaps it could be said a lot of future profits are already built into the share price.

Percy, much worse than you think as revenue was only $13K not $13M. So definitely a lot of future profits already built into the share price.

On top of this, half-yearly revenue slipped 80 per cent to just over US$13,000 (roughly A$18,000)
https://themarketherald.com.au/brain...ss-2020-08-26/

[percy]

Percy, much worse than you think as revenue was only $13K not $13M. So definitely a lot of future profits already built into the share price.

On top of this, half-yearly revenue slipped 80 per cent to just over US$13,000 (roughly A$18,000)
https://themarketherald.com.au/brain...ss-2020-08-26/

OMG.About the same as my pension..
So market cap is 35,740 times revenue.
Well done BRN, it looks as though you have set a world record.