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MUL - Multiemedia Limited

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Re: MUL - Where to from here?

My opinion is one that is based on experience over many years.
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So is mine..

I know I don't have to convince you and I made no attempt to do so. I just reply to your posting explaining why I do things a certain way.

As I said, we all have to find our own way.

I sincerely wish you well,but in the same breath hope find the Real secret to success.
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Come on now. What's the REAL secret to success? Don't tell me you've found it. That would severely change the way I look at your postings.

Happy trading

Stefan
 
Re: MUL - Where to from here?

That would severely change the way I look at your postings.

Why?

Im one of the very few that can and will back all they say.
I havent blown my own trumpet and wont.
If asked specifically I will tell as I can and am happy to prove performance wether that be.
Business
Property
Trading.

I know of 15 people who have worked with me over the years as friends and who have improved their financial situation dramatically following principals that I have learnt and implimented.

Stefan
If you or anyone here finds my postings of no value and feel that they are posted by myself as self serving--------then Im well and truely out of here.

If you can retire as of now,travel whenever you want,not have to worry about finances,and have a proven track record-----------you dont then need what I have to offer(Free).I would however enjoy a beer with you and hear your story!!

The sort of info I hand out you cant buy----------why
Because 97% are theorists youll hardly ever get the "Real Deal" to disclose what and how they have done it---------unless you part with A lot of $$$s

Just let me know if my comments are not required.
I can find plenty of other things to do!


tech
 
Re: MUL - Where to from here?

tech,

you've hit a nerve...

I havent blown my own trumpet and wont.
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Your last posting is nothing short of blowing the biggest trumpet you can possibly find.

If you or anyone here finds my postings of no value and feel that they are posted by myself as self serving--------then Im well and truely out of here.
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Just keep posting. But be willing to accept that you'll get the odd hit every now and then. It happens to all of us and you should be able to cope with it. If you can't then yes, you're probably better off finding other things to do.

If you can retire as of now,travel whenever you want,not have to worry about finances,and have a proven track record-----------you dont then need what I have to offer(Free).I would however enjoy a beer with you and hear your story!!
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Well, with all due respect, that all sounds just like one of those glossy ads you can find all over the place except that you're willing to offer it for free. I have no doubt that you do have skills hat will enable you to trade successfully. As soon as you start suggesting that you're holding the key to glory, I start questioning your integrity.

It may sound strange, but I have no intentions to retire. I like what I'm doing. I'm actually one of those strange guys who wake up in the morning looking forward to work. For me, work is not a burden and a successful, fulfilling life does not depend on money. Money is important but it all depends on how much you need and not on how much you have.

As such, your suggestion that to retire and travel is everybody's dream does support my view that you're trying to play and manipulate people's feeling rather than anything else.

I do read your tech analysis with great interest and the only problem I have is if somebody is posting stuff like "If you don't like it, I can stop and do other things". By all means, if you have other things to do, then go ahead.

Your postings are welcome. But don't start asking people to beg you for it.

If asked specifically I will tell as I can and am happy to prove performance wether that be.
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If you are willing to share your skills and knowledge, I suggest you start a thread about it where you provide a step by step approach. I have no doubt that it will create great interest including myself. I'm looking forward to read all about it.

Happy trading

Stefan
 
Re: MUL - Where to from here?

Must agree with you there Stefan about being able to accept criticisms- everyone takes a hit now and again, no point turning tail just because someone disagrees with an opinion. Stefan follows fundamentals I follow TA and a bit of fundamentals yet we get on despite our different perspectives and I have to admit I learn a lot from following the MUL thread even though I don't hold MUL.
I also agree quite strongly with TechA about his comments on following uptrending stocks etc but there's no point to be afraid of direct exchanges on specific issues provided it's not personal. I'm sure TechA is quite successful in what he does but each person will have to judge a post on it's own merits rather than blindly believing that any one person is a 'guru' and that their method is the best just because they say it is so.

I do believe Stefan's suggestion is the best- ie that TechA should start a thread on a particular methodology if it is that sucessful- maybe we can follow the same stocks and methods over the next few months and see how good it is. If not, then back to our normal pattern....

No offence intended here to anyone, just my views.
 
Re: MUL - Where to from here?

MUL share purchase plan just released. AU$7.5 Million. Looks reasonable to me after a first look. No more huge discounts like last time so it shouldn't add too much pressure to the current share price.

I think that was one of the uncertain things that investors have been waiting for to hear about. Once this is over and done, MUL should show its real value.


Happy trading

Stefan
 
Re: MUL - Where to from here?

Hmmm.

"Funds raised will for part of the companies working capital"

It needs to gain working capital from its share holders!!??

No generated profit?
No specified purpose other than this for the need for issuing more shares.

This is a 3 cent share.

Hmmm.

tech
 
Re: MUL - Where to from here?

Very good for those who were shareholders on Friday. Looking at its connections with various companies I believe that Mul is a winner.
I note that Dft and Cti should also be looked at. They have regional isps which may have connections to new sat.
Perhaps Stefan, TG or Carol may be able to read something in a recent dft announcement.
Regards
Mal
 
Re: MUL - Where to from here?

It needs to gain working capital from its share holders!!??
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It sure does. They have done it a few times and if we believe management then this will be the last one. (I seriously doubt anything they say, but who knows...) It may be new to you but that's nothing new to MUL holders, really.

No generated profit?
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No. MUL has no generated profit and won't do so until early next year according to it's earning forecast. Again, nothing new.

No specified purpose other than this for the need for issuing more shares.
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Nope. What did you expect? They are still burning cash like crazy.

This is a 3 cent share.
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Yep. 3 cents. It won't go anywhere until this share offering is over. I don't think you should look at its current position. This is clearly something that either develops into a nice steady gain, or it goes down the drain. If they stick to their plan, then everything will be sorted out in early 2005. Everything after that remains to be seen and I remain VERY bullish. Which again is nothing new, really

Happy trading

Stefan
 
Re: MUL - Where to from here?

Can I ask a genuine question (I am not trying to be smart).

When does a company become insolvent? If MUL which seems to have a market cap. of about $40Million needs to issue shares to pay for $65000 of services, their cash flow can't be that great.

Why couldn't SGW have issued a few million shares to pay for their hedge book commitments? Granted the shareprice would have plumeted, but it wouldn't have been a complete loss for shareholders.
 
Re: MUL - Where to from here?

Stef.

Im just interested in the thread.
Know nothing about the company and just asking qustions Im sure most would as a matter of course.

Its not a stock I would be interested in but you and a few others seem dedicated to it.

Thats fine Im not judging you,which ever way it goes lessons will be learnt!

Best of trading.
 
Re: MUL - Where to from here?

Tech,

By all means. You're most welcome and your comments and remarks are appreciated. If we would all agree that MUL was a "nothing but glory" stock then this would become a pretty boring thread. (Mind you, even I don't see it as such. It's one big pain and all I do believe in is that it will be turned around based on the product they have.)

As you said, there will be some lessons learnt. Time will tell.

Happy trading

Stefan
 
Re: MUL - Where to from here?


Your question about the need to issue shares raises another interesting question. Who buys the shares?
 
Re: MUL - Where to from here?

Why couldn't SGW have issued a few million shares to pay for their hedge book commitments? Granted the shareprice would have plumeted, but it wouldn't have been a complete loss for shareholder

here's a newb guess for you someone correct me

With a company like MUL your expecting future contracts and profitability as the company develops, sticking the hand out for more cash till things are profitable isn't such a bad thing and only temporary

SGW on the other hand seemed like it had worked itself into such an unprofitable state that raising capital would have to be reapeated over and over, raising capital wasn't really a valid options since it would only postpone the inevitable????

don't know to much about the circumstances with SGW but seemd to be suspect
 
Re: MUL - Where to from here?

The sale of New skies, the owner of the nss6 satellite to the Blackstone group has now been finalized. This is a highly profitable company and its second quarter results can be observed on the new skies web site.
Mul is a rapidly expanding international company and if it can beat its forecasts and produce quarterly reports, investors may decide to become long term share holders and the share price will rise. I don't think that the number of shares will be of concern than.
Perhaps I should not say it in this context, but " I have a dream."
My opinion only.
Regards
 
Re: MUL - Where to from here?

Here is another slant.

Share holders are UNSECURED Creditors.

FINANCIAL INSTO'S are SECURED.

You dont have to pay interest to shareholders.

I have no idea what they are doing but it seems a little early to be calling spectacular and stellar rises for investors.
 
Re: MUL - Where to from here?

I have no idea what they are doing but it seems a little early to be calling spectacular and stellar rises for investors.
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I couldn't agree more. This company has at least another 6 months to survive on current assets (including this 7.5 million cash fundraiser) until their cashflow is turning positive. Anything they say should be regarded as HIGHLY speculative. They have no idea how many clients they can get and it's been strangely quiet lately regarding any new contracts. On the other hand it is not so much MUL who's getting those contracts but their sub contractors and as such these deals go mostly unnoticed unless they are of bigger magnitude.

I remain VERY positive. Unfortunatelly this new share issue will delay any serious movement. While I can still see it much higher before the year ends, I would imagine that substantial increases will take longer and depend on their abililty to live up to the self created expectations by their earning forecast.


Happy trading

Stefan
 
Re: MUL - Where to from here?

I noticed in one of the FatProphets (tipsheet) free reports on the web that MUL is on their disclosure list (ie stocks they have interests in)- I don't subscribe so I'm not able to know if they've done a review on it or if it's just a personal holding of some minor employee.

Anyone know of their views? It's the first major analyst/tipsheet site that I've seen with some reference to MUL- not sure if it is positive or negative but since this thread is longrunning I thought someone may know what Fatprophet's view is.

Also visited MUL website but their investor relations section doesn't contain any broker reports (some co's have broker reports on their site- but only if it's positive).

I don't hold MUL but I follow this thread from time to time...
 
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