MUL - Multiemedia Limited

[clowboy]

Re: MUL - Where to from here?

We can only hope...it has a looooooong way to go before I make any money of it.


Congratulations to you though Stefan (and any others in the same boat) for buying more on the way down.

I bet you are feeling tingly all over right about now.


.

 

[stefan]

Re: MUL - Where to from here?

I bet you are feeling tingly all over right about now.

Well, I gave up feeling tingly about MUL a long time ago . I'm not really that much interested in the small daily peaks. I'm still in for the long run towards a solid business and solid figures and for that I'll probably have to wait a tiny little bit longer. Nevertheless I'm very pleased to see it gaining momentum which would indicate a new announcement which could then again be good for an even bigger run towards my goal to make some serious money out of this stock.

This is not a stock I'm holding because I like the company and management. This is a stock I'm holding because I'm a greedy bastard


Happy trading

Stefan

 

[clowboy]

Re: MUL - Where to from here?

Awww come on I'm sure your just that little bit tingly


If you dont mind me asking what is your anticipated exit price?

 

[stefan]

Re: MUL - Where to from here?

If you dont mind me asking what is your anticipated exit price?

Well, I don't mind you asking, but I can't answer it. I will just keep holding until my greed is satisfied. And this is not going to happen for a long time. I'm not just looking for a few cents on this one. It is a huge gamble and this stock will not go anywhere without serious business behind it. Meanwhile I'll keep watching my other investments and one sunny day I'll hit that sell button on MUL. Then it's time for that BBQ I mentioned before

Happy trading

Stefan

 

[kooka1956]

Re: MUL - Where to from here?

I,m happy with the trend building up . Having followed this stock for many years they have far more potential now than the 'BLUE SKY POTENTIAL' that they had when I bought in at 75cents back about 3 years ago . Since then I have made profits on several trades and learnt a lot more from Stephan, Top Gun and Penguin (on another board) to know that this is a better gamble than Bond Corporation , Quintex , and Adelaide Steamships whose share certificates still adorn my walls as wallpaper . I have increased my holding on the way down and my last purchase is now in profit . Roll on MUL!!!!!!!!!!

Regards KOOKA.

p.s. I,m looking forward to that BBQ by the end of next year .

 

[stefan]

Re: MUL - Where to from here?

p.s. I,m looking forward to that BBQ by the end of next year .

Well, now you've set a date. I'm not so sure we'll quite be there by the end of this year which is only 2 months away. Well, we may still have a BBQ but probably only a saussage sizzle rather than a Steak-Feast

Have a nice weekend

Stefan

 

[crocdee]

Re: MUL - Where to from here?

hi all
excitement is a great thing but hey fellas this sounds a bit like the lumettes and the tutus all over again. for those who don't know what i'm talking about it's lumacom and the rise from 13c to 93c no profit taking high buying in and then the big fall to 8c. management of both companies appears to be the same they both suck. mul management have demonstrated in the past that they are not working for the shareholder[none of you can argue with that]
i for one am going to capitalise on profit with mul and re-invest on pullbacks.

regards croc

 

[stefan]

Re: MUL - Where to from here?

i for one am going to capitalise on profit with mul and re-invest on pullbacks.

Fair enough croc,
I can't argue with you. I've made it very clear that I'm unhappy with management. I will hold MUL until I'm satisfied with my profit. I'm not going to sell it because it is very tricky to get it right. I have a lot of other things to consider. Not the just the profit on MUL. What's the point of selling something only to get hit with 48% tax? I'm a longterm investor and I tend to hold my picks for more than a year. Some of them may stay with me for years to come. MUL is not going to be one of them as I said before. I just want to make money out of it. So far the timing is perfect. See with the dot com stocks the problem was that they never had anything to sell. It was just all hype. There was no real product backing up the share price. With MUL it is slightly different. They do have a product to sell. I'm speculating that it will be a success and then I'll sell it right at the peak. Too easy, really

Have a nice weekend

PS: As usual my weekend postings should be taken lightly.

 

[crocdee]

Re: MUL - Where to from here?

totally respect your style stefan. i'm with you here on research mul have the goods and i also believe they will deliver however the history of the management is not with the everyday shareholder. there are many possible dangers still ahead placements, option issues, capital raising, share consolidation etc the problem is we never know when it could happen and this is when we average shareholder get caughti in the falling price and then have to wait months for catch up while management and mates make the bucks. i'm going to rely on my TA with this one i know the FA[with which i dont have a probiem]. i will share another reading of the charts shortly if anyone is interested.

regards croc

 

[JetDollars]

Re: MUL - Where to from here?

Oh Well, my purchase at 2.4 cents is worth it after all. Only purchased for 4 days and now returning 17% not bad.

After all, technical analysis does help in entry process....thanks stefan for your fundamental analysis.

 

[stefan]

Re: MUL - Where to from here?

i will share another reading of the charts shortly if anyone is interested.

croc, please do so. I very much appreciate all analysis and theories people have. Not just on MUL.

Have a nice weekend

Stefan

 

[kooka1956]

Re: MUL - Where to from here?

Well, now you've set a date. I'm not so sure we'll quite be there by the end of this year which is only 2 months away. Well, we may still have a BBQ but probably only a saussage sizzle rather than a Steak-Feast

Have a nice weekend

Stefan

Hi Stephan I mentioned end of NEXT YEAR. They can,t do much over the next two months . In previoue readings I read that they couldn,t get enough staff to implement business signed up , which is probably why Woolworths has taken so long to get online . 15 months gives them a bit of time to bed down all this new business and get the funds starting to roll in . I.d like it to be the end of this year , but common sense tells me there is a way to go befire amy of us can be comfertable . Regards KOOKS

 

[stefan]

Re: MUL - Where to from here?

Kooks,
My fault. I was already wondering when you became that greedy
So the end of next year sounds better to me and would even be well outside my initial 2 year time frame. I sure hope I have to fire up that BBQ in the middle of our freezing cold QLD winter.

Have a nice weekend

Stefan

 

[JetDollars]

Re: MUL - Where to from here?

Stefan,

Don't forget to invite me for the BBQ. I am excited to see you spend some money that you benefit from MUL.

I just wondering, do you hold a large number of shares in MUL?

 

[stefan]

Re: MUL - Where to from here?

I just wondering, do you hold a large number of shares in MUL?

Jet, I have disclosed my holding much earlier in this thread and it has grown constantly ever since. So I would consider my holding to be large for a private investor but others will easily outnumber me. Anyway, if everything goes to plan then it should be enough to pay for that saussage sizzle... You'll still have to bring your own beer


Have a nice weekend

Stefan

 

[JetDollars]

Re: MUL - Where to from here?

Thanks Stefan,

Can't wait for the BBQ. Eventhough I don't drink beer but I will my coke anyway....LOL

By the way, MUL now on top of October Competition. I wish MUL win the competition this month.

Take Care

 

[stefan]

Re: MUL - Where to from here?

Airworks Acquisition Finalised

I wonder if that was the only reason for the increased activity last week. Anyway, good to see it's all done. I'm looking forward to an interesting week for MUL.

Happy trading

Stefan

 

[Porper]

Re: MUL - Where to from here?

I love the quote "The airworks acquisition has delivered a windfall to shareholders".Maybe Mr.Ballintine should see how much some of us, including myself are losing on Mul.
I almost think he was taking the P---.

Anyway looking at the big picture I think Mul is doing ok, but it looks along way to get back to 0043 to me.

Look out for a late charge on my EGL in the comp !!

 

[stefan]

Re: MUL - Where to from here?

Anyway looking at the big picture I think Mul is doing ok, but it looks along way to get back to 0043 to me.

That's for sure. And it won't go anywhere without substantial new contracts.

I love the quote "The airworks acquisition has delivered a windfall to shareholders".Maybe Mr.Ballintine should see how much some of us, including myself are losing on Mul.

I agree... it remains to be seen what that deal will do to MUL. So far the windfall was nothing but a lame breeze for about 1 hour.

Happy trading

Stefan

 

[Fleeta]

Re: MUL - Where to from here?

Very informative discussion

It seems that MUL has a great product, but has not got the resources (cash or people) to turn it into profits. The problem could be that MUL should be seeking strategic alliances with other companies, issuing shares and giving another company part of the action - maybe they are being too greedy.

If they can keep up the positive announcements, the share price will continue north, regardless of their financial magnitude. I've seen this happen recently with a share I bought into - IBA Health - IBA seems to bring out a price sensitive announcement every second day and the share price keeps going up - it's gone up 250% since I bought in June. Maybe MUL could benefit with some IBA like announcements - all it needs is some strategic partners & alliances.

Just some thoughts - feel free to tear them apart - but if anyone can tip me another IBA - i'd be very happy.