Australian (ASX) Stock Market Forum

MUL - Multiemedia Limited

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Re: MUL - Where to from here?

yea, it has gone quiet. we need stefan to keep us pumped! :p:
there isnt a lot to keep the stock up, for a potential investor who simply looks at the share price over the last year, and the number of shares, and the number of options on the table, and the fact that the company hasnt ever made a profit itr is reasonable to asking why bother...
but of course there are people like us who hope that they can do something with the windfall of the satelite business, and that they can live up to their promise of profitability.. we can only hope..
have a great christmas, and safe new year, and may there be a little mul present under the tree for us all.
d:)
 
Re: MUL - Where to from here?

I agree, we definitely need Stefan. I've enjoyed his postings, especially on Foreign exchange. I wish I knew as much as he does. I've learned a lot just by his postings.
 
Re: MUL - Where to from here?

anyone have any idea whats behind it, i hold a number of these shares....
 
Re: MUL - Where to from here?

I can't locate any trading results for mltey on the bank of new york adr profile. It was last quoted at $2.07, which appears to be .027 cents. So it may be fluctuating with the exchange rate.
Regards
 
Re: MUL - Where to from here?

tech/a said:
FUN in reply to your question

Enjoyed your analysis of GLB, thanks Tech, it's helping me out with my learning curve.
 
Re: MUL - Where to from here?

hi all
i believe MUL will be very good to the shareholders in the 1st quarter of 05 and todays trading indicated to me that it is starting to consolidate and move forward as we are now coming out of the holiday period. where it will finish is anyones guess but like before it will more than likely be volitile for a while.

regards croc
 
Re: MUL - Where to from here?

Croc
Sorry mate, todays trading indicated nothing to me apart from the clever boys are leaving it alone, todays volume is clouded by Australia being on holiday, so I would not call it consolidation, i still hold 300,000 not much by any means, but its really dead capital. I have been waiting for the spike tried to sell at 3.4, 3.3, 3.1 wish i never touched it, definately out on the next spike. THERE is better value elsewhere, i cant see MUL going anywhere I just hope I'm wrong for all who hold. I have traded MUL and got caught in the hype thats the reason i still hold, its not a loss for me yet, but.
There is nothing to indicate a next 1/4 improved loss result, if there is please let me know.
Have a happy and profitable new year
 
Re: MUL - Where to from here?

Ah, let's start the new year with a posting in my much loved MUL thread :)

I'd say the 1st quarter of 2005 will be an interesting one. While I can't see indications that they will produce the numbers they mentioned in their forecast (it's been awfully quiet on the news front for a while now) I also have to say that we don't have any idea what they based that forecast on. It could well be that they are perfectly capable of matching or even beat the forecast which is clearly the only aceptable result to move this stock anywhere. If they miss their own targets then the stock will end up trading below 2 cents as investors will leave looking for much better options out there, frustrated that it may take yet another 6 months until their cashflow turns positive.

Realisticly I'd say that the share price won't do anything dramatic until figures are confirmed. It may well run on any new deals announced but substantial gain will not start before they proof their own words.

Happy trading

Stefan
 
Re: MUL - Where to from here?

hi all
i refer back to my previous post 29-12-04.
normally stocks with low volume around holiday periods or at the end of the finacial year trend down which has predominently been the case with MUL generally on low vol and no announcements. however since 24-12-04 MUL has bounced of its low of 2.7c to 3c with a close of 2.9c as of 31-12-04.

3c atm represents the next resistance level in its movement forward which i don't think will take long to consume on its way forward.

tomorrow the market will open for the new year and i still expect MUL to be positive in the first quarter however as previously mentioned could be very volitile as its previous performance has indicated.

ride the waves and take profits has to be the way to go wiyh MUL.

good luck to all i think we are moving forward from here.

regards croc
 
Re: MUL - Where to from here?

With MUL having already won a contract to provide high speed satellite internet services to the Red Cross for their disaster relief in Iran I wonder whether there is a possibility there could be some demand for their services from those involved with the reconstruction efforts in the wake of the earthquake and tsunamis in S.E. Asia?
 
Re: MUL - Where to from here?

hi all
not a very good day at all accross the board on the market in general today, however MUL once again managed to hold its own on yet again low volume.
there has to be a message here for us all is it be patient its about to happen soon?
i must admit atm i see no reason to sell but it looks like the board is saying buy get in now. i'm already in and are now waiting for it all to happen, hopefully it will be soon.

definetly would like some inside info
regards croc
 
Re: MUL - Where to from here?

crocdee said:
hi all
not a very good day at all accross the board on the market in general today,

Self reasoning why MUL dropped a few ticks.

however MUL once again managed to hold its own on yet again low volume.

No one is interested in buying this non performer yet again.

there has to be a message here for us all is it be patient its about to happen soon?

Hmm where do you see this message---------of course I forgot you hold the stock!

i must admit atm i see no reason to sell but it looks like the board is saying buy get in now.

Its saying bugger all.

i'm already in and are now waiting for it all to happen, hopefully it will be soon.

Hope wont help.

definetly would like some inside info

AH the truth rises to the surface--------You have no idea your stuck and cant face taking your loss and moving on.

But there is a 1% chance that things could swing to the positive so hang in there and let trades like JRV up 43% yesterday pass you by.


regards croc

Human nature never ceases to amaze me this thread should be archived for all time so traders can see first hand the sheer stupidity of the public.
This would have to be one of the best threads on human psychology in trading you will ever see.
LEARN FROM IT
 
Re: MUL - Where to from here?

tech/a said:
Human nature never ceases to amaze me this thread should be archived for all time so traders can see first hand the sheer stupidity of the public.
This would have to be one of the best threads on human psychology in trading you will ever see.
LEARN FROM IT
Great comment tech/a!
 
Re: MUL - Where to from here?

tech/a said:
Human nature never ceases to amaze me this thread should be archived for all time so traders can see first hand the sheer stupidity of the public.
This would have to be one of the best threads on human psychology in trading you will ever see.
LEARN FROM IT


:-X LOL
 
Re: MUL - Where to from here?

tech/a

JRV openned @ 3.8c and closed @3.3c yesterday thats a fall not 43% increase that was the day before. guess your not always right with the facts eh.

croc
 
Re: MUL - Where to from here?

tech/a said:
Human nature never ceases to amaze me this thread should be archived for all time so traders can see first hand the sheer stupidity of the public.
This would have to be one of the best threads on human psychology in trading you will ever see.
LEARN FROM IT

Aww! Come on Tech, so they're having a bad run, don't have to rub salt into it! There's no point being so aggressive you could've said the same thing without being so blunt. But I must admit your comments are on target, just might be nice to tone it down abit as the MUL holders have clearly decided to Hold, come what may, that's just the way it works, each to his own. I know you're only trying to help them but it is their decision in the end.
Just my opinion but I hope for all the MUL holders that they're taking ALL views on board.
 
Re: MUL - Where to from here?

Croc.
Rich.

Im wrong more often than Im right.

Ill call a spade a spade if the language above is too tough then this is a forum of big girls blouses.

Im not interested in being right or wrong just profitable.

Ive been here 6 mths.In that time.
MUL had an announcement that was going to send price skyward-------
Didnt make grass level.
MUL Had a director leave so then things would power along------ Not out of first gear.
MUL Had a general meeting so that would sort them out------Still sorting.
MUL would be fine AFTER the general meeting has given investors time to understand the company direction.------Still confused it seems
MUL had to wait till after Xmas as investors took holidays and wouldnt be interested untill after the break--------Still on holidays.

In that time MUL has been as high as 5c and as low as 2.2c.


Now MUL holders are astute Ive not seen anyone fess up to being in a losing MUL trade they all seem to have bought at lower than 2c which means they bought around June 83.

So in the time Ive been here they have (From 5c) managed to loose around half their value--------Even worse they had an 800% profit(October 03) and have successfully traded it to a 60-80% profit if they purchased at 2c.

That takes some doing

Honestly people Im not the only one looking on and shaking his/her head in wonder-----do you seriously think THIS is the way to Trade!!

Over 14000 veiws and 100s of posts and a 5 star rating.----WHY

This really must be archived its a gem----Ive actually loaded it onto a disk.
Words just cant describe it you have to read it.
If this is the way to trade Ive seriously missed something!

As for being harsh.
Ive not used anyone as an example or targeted anyone---comments are general the thread speaks for itself!
 
Re: MUL - Where to from here?

I've always wondered why there has been so much interest in a stock that is going nowhere fast...how about the opportunity cost in a bull market. You guys are losing more than your capital.
 
Re: MUL - Where to from here?

Tech/a,

I agree with some of what you say, however, from my memory (which is not much good), some of your facts are not correct so I checked my records.

In the second half of 2003 they got over 10c. In fact my first buy was at 7.1c on 25/9/03 which I sold at 7.2c on 6/10/03. Next effort was to buy at 7.8c on 9/10/03 and sell these at 9.3c on 15/10/03. I have been in and out on numerous occasions and my last was to buy at 3.2c on 23/11/04. So I am currently a holder.

Overall I am in front, but not a lot.

The biggest pleblem I have with MUL is that a lot a posts suggest that management is not the best. I feel that the quality of management is probably the most important investment criteria.

Mind you most of my stocks are in the top 50 stocks, and I just have a few of the minors that I trade.
 
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