MUL - Multiemedia Limited

[Joe Blow]

Re: MUL - Where to from here?

I like the way this is going...

Happy trading

Stefan

Me too, especially considering I doubled my holdings at 3.7c!

 

[stefan]

Re: MUL - Where to from here?

Me too, especially considering I doubled my holdings at 3.7c!

Well, well, well... Does this mean that you will retire soon? Who will be looking after this board?

Happy trading

Stefan

 

[Joe Blow]

Re: MUL - Where to from here?

Well, well, well... Does this mean that you will retire soon? Who will be looking after this board?

I wish!

I just hope I make enough out of MUL so I can give away my day job and look after the site full time!

Ah well, I can dream!

 

[stefan]

Re: MUL - Where to from here?

I think the fact that they don't disclose the value of this latest deal will keep the price within the 4 cent area. But the reputation MUL is gaining in the industry will be the key factor. So if they do a good job with all the contracts they already have, there is no question that more deals will follow and the price will increase accordingly.

Happy trading

Stefan

 

[MEGAS]

Re: MUL - Where to from here?

I still believe MUL is on a winner with there strategy in the Middle East,Australian government etc and more contracts will follow.......Can someone please, Stefan,TOPGUN (both fans of MUL) tell me why would findlay's exercise options at .05 when the market is sitting at 04's, excuse my understanding but i can't work it out?
Having said that i still think MUL is on to something big!!!...My opinion!

 

[tarnor]

Re: MUL - Where to from here?

Good to see some news finally coming goodluck eveyone who holds, I nearly came to the party but can't bring myself to trust the directors

 

[Bingo]

Re: MUL - Where to from here?

A bit disappointed to see them finish back at 3.8c to-day, however, I thought the meeting was later this week. If this is so I would expect that something is saved for just before or at the meeting.

When is the meeting?

Bingo

 

[Porper]

Re: MUL - Where to from here?

Bingo, the meeting is on Friday, hopefully the directors are holding the best announcement until just before.Well that's what I'm hoping for anyway, maybe this last announcement was it !!

If so I think the share price will continue it's way down.
The thing that worries me is that they aren't telling us how much all these deals are worth, which maybe a bad thing but could also catch the market unawares if Mul starts making good profits.Then we will all be saying I told you so.We can only hope !!

 

[Bingo]

Re: MUL - Where to from here?

Porper,

Thank you. I hope there is something else then by Friday. The wait is getting to me.

Bingo

 

[MEGAS]

Re: MUL - Where to from here?

Hi Bingo I'm with you mate the wait with MUL is getting to every one! Atleast you doing OK with OPM, the way it looks it seems something is about to be released.....Late trade yesterday over 20,000,000 in one hit and trading well today.....I picked some up today and hoping you along with TOPGUN win the September competition!!(I've got interest in both) What do you know in regards to OPM.......Maybe should pick up more?...Cheers

 

[Porper]

Re: MUL - Where to from here?

Well chaps, this is it, the day of reckoning tomorrow.I am still hoping that they have kept the best news 'till last and that they have out thought the market and will get the timing right.

Ok, can but hope !!

 

[Bingo]

Re: MUL - Where to from here?

Megas,

I am loaded with MUL and OPM so I see to-morrow as a big day one way or the other. Don't know anything for sure about OPM, but I am very confident they have a way to go yet. Much less confident about MUL. You would think they are holding a good anouncement for to-morrow and I was looking for evidence of that in late trade. There was a bit of late volume, but not enough to make me confident.

Good luck.

Bingo

 

[kifoghorn]

Re: MUL - Where to from here?

Mmmm As a newb, been looking a little at both. At a guess I would say MUL is likely going down and OPM likeky going up

But then I am a newb at this....

 

[stefan]

Re: MUL - Where to from here?

I don't know why you guys think that tomorrow is so important for MUL. All they have is a meeting where they ask for the approval of more shares and options. They will get what they want so there is nothing that would push the price up or down. Except for the fact that they will continue to issue shares and options like crazy but that's nothing new either.

If there is more news, then it doesn't matter if it's coming out tomorrow or next week. They will hopefully have more contracts waiting to be announced but this is MUL. Anything can happen to it. I consider MUL to be fairly valued at these levels for what they have achieved so far. So without bad news the price should remain stable with minor ups and downs. That's all I can see for now.

2004 was a disappointing year for shareholders.
Management is trying to sell the 4.6 million dollars they made out of their sat business as a success. What a joke! Sales revenue was 18.7 million. Despite the fact that they introduced the 2nd transponder earlier than predicted, they failed miserably in achieving the predicted revenues of 132 million that was stated in the Findlay report. (Yes, I know that this report is crap, but management was very keen to promote it, so I will use it here to reflect their performance.) In other words they will need to increase sales revenue by 115 million in 2005 to achieve a goal they should have achieved the year before. Only then would they be profitable. Now let me see...The last 2 deals combined will generate 1.2 million per annum. If they continue with this strategy, we will have to get a news release every 2nd day for 2005, otherwise they can't make 115 million bucks. Yes guys, I know this is too simple and they had multi million dollar deals in 2004 but there where only 2 of them. Woolworth and US-Army. Even if we allow 5 multi million dollar deals a 5 million each for 2005 we will still need plenty ofl announcements in 2005 to make it work.

I have always said that MUL is a very high risk investment. I will not rest to point that out until management starts changing its attitude. All they ever do is saying "we have identified more potential sources of income and we need more money to cover for that". If there is so much potential out there then I start wondering why they only made 18 million out of it so far.

Yes I am holding MUL and I keep doing so as I gave them 2 years to convince me that they can make money out of this. But I will never post anything positive just to keep myself happy. I'm a very critical shareholder looking for longterm investments. If they screw around with my money, then I will get upset and so should everybody else.

2005 will show us what our money is really worth. So keep counting those new deals.

Happy trading

Stefan

 

[Bingo]

Re: MUL - Where to from here?

stefan,

You are probably correct, however, I was convinced that they would announce something prior to the meeting to grease the way to gain approval. A distraction at least. This was generally supported by people I know.

The worry I had was that the deal announced earlier in the week was it.

Bingo

 

[kooka1956]

Re: MUL - Where to from here?

I,m still holding . There is a lot happening with this company , and a number of major players seem confident with their product , including the Australian Government . I believe it is only a matter of time when things really start moving . What I would like is a capital reconstruction to get rid of the multitude of day traders who seem to be influencing the share price consistently. Regards Kooka

 

[stefan]

Re: MUL - Where to from here?

Kooka,

I agree with you. The only way to achieve such a thing is via reverse split. My original schedule for MUL was a share price of around 30 cents by the end of the year, followed by a reverse split of 1:3 to bring the price closer to $1. Management has plans to list on NASDAQ and for this a US$1 shareprice is a must.

We shall see...

Happy trading

Stefan

 

[stefan]

Re: MUL - Where to from here?

NEWS this morning! Excellent deal with airworks. 60 million bucks with earning per share positive in the first year. Way to go... Keep em coming guys...

Happy trading

Stefan

 

[Bingo]

Re: MUL - Where to from here?

The timing of the announcement was as expected i.e. on the morning of the meeting.

Bingo

 

[stefan]

Re: MUL - Where to from here?

Bingo, you're right. This should be an interesting day for MUL. I for one regard this news release as one of the most significant ones based on the revenue and positive cash flow part. We shall see... the bid side looks promising