MUL - Multiemedia Limited

[stefan]

Re: MUL - Where to from here?

dmargon,

i think its because they need more money, and cant get any more locally..

It is a long term goal for MUL to list on the NASDAQ. They have shown interest for the OTC a year ago and it's finally happening.

Interesting point:
To list on the NASDAQ, the share price has to be above US$1. I think we may see a reverse split sooner than I thought. It would be excellent timing if they would stick to their forecast and then have a split in March/April but let's just see how things unfold. There are many more restrictions and I somehow think the board is still living in the DOT-COM area where a stock listed on NASDAQ would lead to stellar gains just because it's on there.

Happy trading

Stefan

 

[tech/a]

Re: MUL - Where to from here?

Stef ,Proper and anyone else interested .

Lets move this to General Discussion.

I do wish to discuss this without turning it into a slinging match (Ill keep my side of the bargain).

Its a touchy topic but one that needs to be addressed.
Im out tonight but may have time in the morning Ill start the thread anyway so comments (If any on the Mul posts can be posted).

 

[Mofra]

Re: MUL - Where to from here?

Just a question regarding the following:

Interesting point:
To list on the NASDAQ, the share price has to be above US$1. I think we may see a reverse split sooner than I thought. It would be excellent timing if they would stick to their forecast and then have a split in March/April but let's just see how things unfold. There are many more restrictions and I somehow think the board is still living in the DOT-COM area where a stock listed on NASDAQ would lead to stellar gains just because it's on there.

If the board believe this, is it responsible for the board to pursue a NASDAQ listing just for a hope based ST rise in the stock price? Surely the board should be more concerned with the long term profitability of the company from a fundamentally based viewpoint?

Just wondering, if any MUL holders (whether you're holding at a profit or loss) were not holding the stock and held cash instead - would you buy it now?

 

[stefan]

Re: MUL - Where to from here?

Surely the board should be more concerned with the long term profitability of the company from a fundamentally based viewpoint?

Mofra, yes you're right. That's what the board should be. I have hope that they are. But they have yet to proof it to me as a shareholder. I have not seen much coming out of this board that would have convinced me that they're serious enough. By that I mean that the constant issue of new "insentitives" as they call it has to stop. How much insentitive does a board need to be motivated enough? These guys are each holding millions and millions of shares with millions and millions of options attached to them. If they where serious they would stop this madness and commit their own money to show some confidence. Nope, all they do is spoiling themselves with more free issues.

That's my main point and the main reason why I don't like this board of directors. Now that doesn't mean that they can't delivery a result. I'm just fed up with their behaviour.

As far as your second point is concerned:
If I had no shares in MUL and cash at hand, I would consider two things:
- Can I commit a certain amount of money into a high risk gamble, with the option to make a loss or even having to write it off?
- For how long can I hold on to it?

If the answer is "yes" and "at least 6 months" to the above question, then I would put some money into MUL. Otherwise I'd stay well away watching the drama unfold and probably trying to jump on once it starts moving. (Just as Tech has put it.)

There is something else you need to think about. What are you trying to achieve with this? A quick 10% or something a bit more serious that may never eventuate?

Questions... All these things to consider just to make a few bucks...

Never forget: MUL is high risk for at least another few months. IMHO this will change once they proof that they can meet their forecast.

Happy trading

Stefan

 

[stefan]

Re: MUL - Where to from here?

Hm, according to their news release the ticker is MLTEY. According to the OTC Webpage (www.otcbb.com) the ticker ist MLTEF. I never had anything to do with ADR's and I'm wondering when they will start trading. I know it was approved on the 6/12 but what does that mean for a start date?

Happy trading

Stefan

 

[dmargon]

Re: MUL - Where to from here?

That's my main point and the main reason why I don't like this board of directors. Now that doesn't mean that they can't delivery a result. I'm just fed up with their behaviour.

Stefan

Stefan, in my observation, there isnt a board, its just Adrian and 2 rubber stampers, thats probably why clinton left (irrespective of his abilities). I have yet to see a Directors or Chairmans statement or action that shows any leadership, or comittement to the shareholders. Anyway with a non exec Chairman and a non exec Director and Adrian, what can they do, have a renumeration meeting? of course even that has to smell as there isnt enough of them...

 

[stefan]

Re: MUL - Where to from here?

Stefan, in my observation, there isnt a board, its just Adrian and 2 rubber stampers

Another way to put it.
They mentioned they will add another director so we'll see what that will do.
Hopefully he'll be able to add some value but they'll have to find one first...

The board sucks. The product does not. I have put my money into the product. Comes 2005 we'll see if it eventuates.

Happy trading

Stefan

 

[funnyone]

Re: MUL - Where to from here?

Good on Y Stefan, 4 info about OTC web site... Come on Guys forget MUL Board and all the usless spec...lets find and share information that might benefit us and fatten our wallets... This is the silly season ; Gold drops 20 bucks in a day...oil $ 20 a barrel in few weeks...50 companies on my watch list have dropped more than 30% in 2 weeks...for no reason what so ever.. no falt of board ..chartists...or Gurus...it's crazy but this is the market we're in..So don't be surprise if for no reason what so ever MUL goes up to 10c..it happened last year 12.5c.... they had 750 mil shares then...were operating from a shed and had less than $2 mil MV... Today, 1.3 billion shares...but look what they have !!... MV of $40mil...good business premises and a good name in the industry ++++ al the contracts... business diversity...and above all ..AIRWORKS...if the later turns out to be a goer..we'll swim in rivers of gold.. Can't see no reason why it wouldn't...ciao

 

[tech/a]

Re: MUL - Where to from here?

50 companies on my watch list have dropped more than 30% in 2 weeks...for no reason what so ever.. no falt of board ..chartists...or Gurus...it's crazy but this is the market we're in..So don't be surprise if for no reason what so ever MUL goes up to 10c.

RUBBISH

There is NO mystery to stocks falling for no aparent reason.


Simply there is no buyer interest.
There is no perceived value.
They are not seen by the market as sound investments which will grow with time.

I for one will be very suprised if MUL rises to 10c for no aparent reason.
Unlike a stock falling a stock will rise ONLY if investors/Traders percieve value.

Since its rise to 12c MUL hasnt been seen as a growth stock and no amount of talking/hypothosising/guessing and complaining will alter that.

 

[funnyone]

Re: MUL - Where to from here?

Posted by TECH
RUBBISH

There is NO mystery to stocks falling for no aparent reason.


Simply there is no buyer interest.
There is no perceived value.
They are not seen by the market as sound investments which will grow with time.

Tell me Tech, How come few weeks ago buyers were scooping up MUL at 3.6c...half a billion shares...same as..GLB at 70c today it's 40c....MRE at $3 today $1.8 etc...few dozen more...what makes the situation change so dramatically, in few weeks, to apply your 3 reasons...
Perhaps, like myself buyers are interested, but have no cash left to pick up these bargains..I topped up my MUL parcel @ 2.8c with every cent I had to spare... we could only wait and see who's right...

 

[stefan]

Re: MUL - Where to from here?

I for one will be very suprised if MUL rises to 10c for no aparent reason. Unlike a stock falling a stock will rise ONLY if investors/Traders percieve value.

Yep. I agree. MUL will never go to 10cents again for no reason. It went there once and there really was no reason supporting it so it came all the way back down again. MUL will only ever raise again if they can turn it into a profit. Everybody is waiting to see if that eventuates.

I still think it can be done. I base this not on some strange asumptions rumors or speculations but on what this company has achieved so far. It's not that nobody is buying their stuff. They have some valid sources generating income and the biggest hope beside the sat contracts is Airworks. Seems to be regarded as a big source of income by management.

I would be VERY surprised if they have put this earning forecast anywhere else but close to the lowest expectations they had in mind. Compare it with what they put forward in their latest management option plan.

Anyway, enough MUL for the day.

Happy trading

Stefan

 

[tech/a]

Re: MUL - Where to from here?

FUN in reply to your question

 

[tech/a]

Re: MUL - Where to from here?

Sorry forgot the yellow circle in the last chart!!

 

[funnyone]

Re: MUL - Where to from here?

Good work Tech... I accept your demonstration about GLB...y're pretty spot on...I've done OK with GLB, mid year, following this trend albeit without much knowledge about charts as you've outlaid. GLB is a good business run by good blokes they'll get a break sometime next year.
what I was trying to say before is this market is so volatile that we just can't relly on fundamentals...one has to take a punt to win big.....or crash big !!!
my instinct with MUL is a big win..I've been following this stock for 3 years... I've played the game with voicenet and davenet in 2000 they were like MUL but "went to god" because their technology became old in 2 years... MUL Satellite would be insignificant next year ... there is no hope for MDT distribution...margins are so thin..it will pay the rent...but Airworks it's a different story.... without it... I would have dumped my entire MUL parcel.
I talk alot about rivers of gold...anyone in this game should know what advertisment brings in dollar terms..."rivers of gold"...If Airworks follow the foot steps of woolworth in OZ and later India and China as stated...imagine the potential and liquidity...

 

[tech/a]

Re: MUL - Where to from here?

what I was trying to say before is this market is so volatile that we just can't relly on fundamentals...one has to take a punt to win big.....or crash big !!!

my instinct with MUL is a big win
If Airworks follow the foot steps of woolworth in OZ and later India and China as stated...imagine the potential and liquidity...

Funny.
With Fundamental analysis the issue is and always will be TIMING.
Atleast Technical analysis can assist in this area and your not wasting time, money,effort,trading stocks which in YOUR mind have potential but the general populace in the market dont agree------YET.(They may never agree).

I certaintly dont agree that you need to take a big punt to win big,crashing Big should never be an option and you should in all your investment endeavours have in place stratagies to avoid or minimise loss.

Instincts--------will have no impact on how the market sees a stock.

If--- delete from your vocabulary (along with Could/Should/Hope/Maybe.)and replace with IS

tech

 

[brerwallabi]

Re: MUL - Where to from here?

Written by Stefan
"I do not believe that you can make lots of money out of MUL by buying and selling it during runs. You WILL get stuck."
The majority of my MUL shares have been acquired by buying and selling during runs, as I have retained my profit in shares by only selling an amount equal to my purchase price, so I have made money. What do you call lots of money? With the volumes traded someone has to make money, also someone may be losing, as regards to being stuck, are 1.3bil holders stuck. Well I suppose I am stuck, or am I. The stock will run up again and I will sell, are you talking hours,days,weeks,months. I was attracted to MUL by a good product and also the fact that it was a volume trading stock with an opportunity to make a quick buck which I have done. I am now really peeved with the company and think I can make better(quicker) money elsewhere, I am not desperate to sell but will be out shortly.
Are you saying don't sell on the next run, lets hold and watch it go higher, we will send a message conveying that we expect MUL to head north. HO HO I belive in Santa Claus too. If so I am still selling because I dont believe the crap anymore, it has to make a profit and it hasn't, how many companies come in below their expected forecasts???
Good luck MUL holders

 

[stefan]

Re: MUL - Where to from here?

brer,

I have retained my profit in shares by only selling an amount equal to my purchase price, so I have made money

Excuse me, but just because you sold an amount equal to the purchase price does by no means lead to the assumption that you made money. You may hold a profit but that's different from having made money.

What do you call lots of money?

That's up to each investor to decide. I just do not hold MUL for a quick buck.

as regards to being stuck, are 1.3bil holders stuck.

Come on now. There aren't 1.3 billion holders out there. Or do they all hold 1 share?

Well I suppose I am stuck, or am I

Being stuck in a stock is a term relating to the situation where you are holding a stock worth less than what you paid for. If that's the case then yes, you're stuck. I'm not. I'm still holding a profit on MUL. I don't know how much money you made out of it so far by selling and buying and I don't know your personal situation.

Are you saying don't sell on the next run, lets hold and watch it go higher

I don't know where you get that impression from. I certainly will hold MUL for another few months but I'm not saying you should do the same. You have to find your own way of trading it. Only the end result will show which idea was the most efficient one. I do see a chance that they can stick to their earning forecast and as such I do believe that my idea will work out. Yours may as well. Selling on the next run probably won't hurt you. Why would it?

HO HO I belive in Santa Claus too. If so I am still selling because I dont believe the crap anymore, it has to make a profit and it hasn't, how many companies come in below their expected forecasts?

Sure, that's your decision. I'm saying they have produced a forecast just now. All we had before was a Findlay report from a stockbroker who got paid in MUL shares to write it. What did you expect? I was pissed as well to read it and I've mentioned that report a few times before. Anyway, now management has produced a forecast and they have linked their insentitive options to it. That's what I like about it. Now we actually can measure what these guys are doing. If they fail then I will dump my shares as well. If they live up to the forecast then I will keep holding.

No offence, but your posting is a bit confusing.
You did have a chance to get out on the last run up to 5 cents. Why didn't you take it? Hoping for more?

I have made my position on MUL very clear. And I don't intend to discuss it any longer. It's a pointless thing to do. I do accept everybody's view on MUL and as long as you can realise your goals out of it, that's prefect. I will keep holding until I know exactly whether they live up to their own forecast or not.

Have a nice weekend

Stefan

 

[brerwallabi]

Re: MUL - Where to from here?

Oh well, its up to you if you don't want to discuss it (your position,your business) or MUL any more. Yes I have made money because my decision is now to sell, and sell they will, unless they go into administration on Monday.
I should rephrase (are 1.3bil holders stuck.) to the holders of 1.3bil shares stuck or is 1.4bil, please feel free to correct me. I chose the term stuck because thats how I felt with MUL, I do believe I got attached to the stock and lost my discipline.This brief loss of discipline was probably caused by greedy eyes looking and waiting for the next spike, I should have sold in October damn lack of discipline. I did once believe MUL had a future now I dont believe the management HAVE THE ABILITY to make the company profitable, so selling on the next run will definately not hurt me, it will give me the opportunity to make another profit elsewhere.
The risk to my capital is always my main thought in trading and in MUL it is now too great, successful trading comes down to one simple thing, your plan and entering and exiting at the right time. My choice now is to stick to my original trading plan and I hope I can continue to be successful because I was heading in the wrong direction,what happened to me in MUL could quite easily extend to my decisions in other stocks
I cant recall who said this but you probably do
Plan the trade and trade the plan.
Each to our own I suppose (Plan) sorry you wont be around to discuss MUL anymore.

 

[stefan]

Re: MUL - Where to from here?

sorry you wont be around to discuss MUL anymore.

brer, I said I'm not going to discuss MY position in MUL anymore. I'll keep posting if there's something interesting going on. But in all fairness, it should be said that MUL gets way too much attention. Especially within my own strategy of holding on to it until we see the figures. That's going to take another couple of months and therefore I may just as well sit and wait instead of talking about it twice a day. Anyway, we shall see. It's a high volume stock it gets a lot of attention as lots of people are holding MUL shares.

Time will tell. I wish you luck and a big spike so that you can sell your shares.

Happy trading

Stefan

 

[tiggy7]

Re: MUL - Where to from here?

Its all gone very quiet in this forum, although nothing looks like setting the high vol trading for a while now as we all wait for new orders to surface.

I would think that the price could go back to 025c if there is no news in January 2005.

We just have to sit it out. The first QTR should tell the story