MUL - Multiemedia Limited

[Porper]

Re: MUL - Where to from here?

Well Luckier,

I can definately see where you are coming from.I have in my short time investing in the smaller companies realised that all these hot air announcements spike the price for a while only to drop, it happens every day.

If this is indeed a strategy then I take my hat off to them for trying something different.As everyone trading Mul knows only too well, management is not their strongest asset.!!

Also by announcing the profit forcast it gives people in my view a bit more than just the pure hype it had before, or that is how a lot of people perceived it anyway.Hopefully "investors" will buy and keep shares rather than all the day traders or speculators trying for a quick profit and manipulating the price.

I have much more faith in Mul now and fully expect more posotive news with a nice run on the share price over the next year.My view only and could be totally wrong.

Hopefully Mul can show all the doubters and knockers out there what they are made of !!

Have Fun.

 

[Lucstar]

Re: MUL - Where to from here?

Talk about strong resistance at 4cents.

 

[Lucstar]

Re: MUL - Where to from here?

Hmm interesting...It broke the strong 4 cent barrier, making it a 7.89% increase today (as at 1:29).

 

[luckier]

Re: MUL - Where to from here?

there seems a lot of pressure at 4.2cents.
can we now say mul is standing above 4.0cents?

 

[crocdee]

Re: MUL - Where to from here?

hi all
an interesting scenario developing here over the last couple of days.
daytraders can't play their games with this style of trading, will be interesting to see what develops from here

regards croc

 

[luckier]

Re: MUL - Where to from here?

during friday and monday, a total of 976 million shares were traded. Assume those people are DTs and they were in and out 3 times, which lead to 325 millions of share(1/4 issued shares) were transfered to some people's hand. those people becoming mullers are with hopes, which are not easily given up. plus the old mullers, can we say a majority of mullers are relatively-long-term people?

If DTs are watching, waiting for another chance to have a run, we are now in a situation where sp are slowly buiding up with medium volumns.

croc, is there any indication in charting?

come on mul, another ann!

 

[stefan]

Re: MUL - Where to from here?

Well, I must say I'm pretty happy that I got it right on MUL. It didn't fall at all and is fighting to stay above 4 cents. I had to change the order to get the rest of the shares at a higher price than 3.6 (3.7 and 3.8) but I'll be more than happy in a few weeks time. Still sticking to my posting earlier this week, so I won't comment much on MUL anymore until it reaches much higher levels. There's just nothing left that hasn't been said already

The release of the Presentation to Market Analysts today contains some information for those who are still unsure about MUL's relationships with other companies. You should note that they are reselling their product in the Middle East via Falcon Stream and it is well worth searching the net for them to get an idea of what this could mean for MUL. They seem to be well on top of it and I have a feeling that they could be the key to the Middle East for MUL much more than MUL themselves.

It's running exactly the way I want it, so I'll shut up, sit back and wait for a while.

Good luck to everybody holding MUL!

Happy trading

Stefan

 

[crocdee]

Re: MUL - Where to from here?

hi all
all f/as are leading to bigger and better things. the latest announcement has stabilsed the sp
i traded in and out on 19th[3.7-3.8c] and was happy to be out waiting for a re-entry below 3.7c it didn't come. 3.7c was the re-entry and now the sp has stabilsed @ 4c with the next resistance level @ 5c[which is also supported by where most sellers sit]
i am now trying to get back in @ 4c and will sit there for the next run to 5c[maybe higher]
it all seems to be about announcements now and how long between them, drag it out and the sp will pullback.
as stefan says "the wind has changed"
MUL has a big future it all appears to be coming together now.

good luck to all croc

 

[Lucstar]

Re: MUL - Where to from here?

Ah got no skool tomolo. Guess where i'm gonna be spending my time at?? Haha!!!
Good luck to everyone who holds MUL!! (Sorry stefan, copied your lines)
Happy to see some optimism coming back for MUL instead of just stefan supporting it.

 

[Lucstar]

Re: MUL - Where to from here?

Looks like MUL is gonna open in the green 4.2 cents

 

[funnyone]

Re: MUL - Where to from here?

MULers should keep an eye on the battle for ALH...if WOW puts in a winning bid on Monday....this may lead to MUL Airworks going into ALH pubs and businesses...wouldn't that be great?!!!

 

[funnyone]

Re: MUL - Where to from here?

Well...well...things are looking good... ALH take over panel ann today is encoureging... if WOW gets ALH... MUL is set for a nice contract.... At present MUL may put out ann about small broadband contracts in ME...

 

[funnyone]

Re: MUL - Where to from here?

OK....WOW won ALH = fantastic news for MUL...Now the players will try to bring down the price of MUL before making the move forward...Don't panic..the future is extra bright....

 

[Lucstar]

Re: MUL - Where to from here?

Awesome!!! Thanks for the good news funnyone. Just came home from school and your post made my day

 

[Joe Blow]

Re: MUL - Where to from here?

Anyone read the annual report?

I found this part particularly interesting:

"Establishment of a presence in the Middle East will springboard our sales campaign into that region with immediate impact. Indeed we have already secured sales in Iraq, Iran, Bahrain, Libya, Afghanistan, Sudan, Saudi Arabia, Kuwait, Qatar and Egypt. I firmly believe our strategy to concentrate on the provision of services in the Middle East, Central Asia and North Africa will pave the way for long term revenues and highly profitable business for years to come. And we have only just scratched the surface."​

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[JetDollars]

Re: MUL - Where to from here?

Look like MUL keep heading down south everyday! interesting to watch...

 

[crocdee]

Re: MUL - Where to from here?

hi jet
have to say i agree
did call a pullback 4 days ago. however got caught up in the hipe and bought back in @ 4c. did not excersise my thinking power nor did i rely on my charting indicators, they were right again.
oh well paid the price so be it, MUL will get back there again hopefully sooner than later but obviously will need an announcement.
next i shall trust my instincts and leave my emotions to more romantic things.

LOVE TO ALL croc

 

[stefan]

Re: MUL - Where to from here?

did call a pullback 4 days ago.

Croc,
4 days ago you posted the following:

all f/as are leading to bigger and better things. the latest announcement has stabilsed the sp
i traded in and out on 19th[3.7-3.8c] and was happy to be out waiting for a re-entry below 3.7c it didn't come. 3.7c was the re-entry and now the sp has stabilsed @ 4c with the next resistance level @ 5c[which is also supported by where most sellers sit

That's not exactly a call for a pullback, is it?
you called the pullback a week ago. So don't be too hard on yourself. When you called the pullback, MUL went up and resisted any selling pressure despite the lack of new announcement. After almost a week it is pretty much normal to see it hanging around when nothing else is happening. As you pointed out correctly many times before, MUL is a stock that needs volume and without volume the stock will slowly trade backwards. You predicted that my 3.6 order would be filled the next day and it didn't happen. I had to buy at 3.7 and even 3.8 instead which I considered a reasonable price. A week later it's finally back there and I even consider buying a few more, depending on what it does today. I considered 3.6 to be the bottom but that was a week ago. Things change all the time so there's not much wrong with being unable to predict the market a week ahead .

I was very bullish and I remain so. I still can't see why it would fall back to those nice buying days we had a few weeks back. I rather see it hanging around these levels until further news. In the end, it doesn't matter if you bought at 3.5 or 3.7 or 4 or whatever if you're holding this stock for the long term. That's why I mentioned that everything about MUL has been said before and that there's simply no point in speculating what it might do next. Buy in, hold and wait.

As I said last week:
The time to buy MUL was at 2.2 cents, but that is history and if you sold for a profit well above 4 cents and are now looking for an entry point, then NOW is the time to buy back in. Sure, you may get it at 3.4 instead of 3.6 cents but that is a drop in the ocean considering my final target.


Ah, yes. I said I won't post on MUL anytime soon. Well, maybe I stick to it from today on

Happy trading

Stefan

 

[tech/a]

Re: MUL - Where to from here?

My Veiw.

 

[stefan]

Re: MUL - Where to from here?

tech,
I argued about charts and MUL a lot. I do not believe that they are any good to predict the future of MUL just as I highly doubt their efficiency for any kind of stock that trades frantically after news. How would you ever be able to predict movement when a stock tends to run up 30-50% on news? Charts are only based on historical data. They do not take into consideration why the price changed at a particular point in time. If MUL was to release another deal tomorrow, what help do you get from a chart that shows just a bunch of frantic up and downs? What point is there to average it out to come up with an average price range?

You mention that discussions started when it was at 5cents. That's actually when this forum came to live. If it would have been around for longer, then rest assured discussions about MUL would have started MUCH earlier . check out other forums to get an idea about how much MUL is hated/loved by traders.

Think there are better investments around

For short term, absolutely. For longer term, we shall see...

Happy trading

Stefan