MUL - Multiemedia Limited

[tech/a]

Re: MUL - Where to from here?

Croc.

You saying that fridays price action indicates that MUL has lived upto its fundamentals (Positively) and the technicals have been interpreted wrongly bearish and the likes of myself should admit our analysis is wrong?

Ive always said that if MUL(Or any stock for that matter) is worth trading youll know all in good time----- why sit your money in something thats procrastinating!(Well its investors are).

Look at the last few days price action in context of the last few months.Hardly dramatic!
Anyway my technical view.

MUL is still decisively bearish and the enthusiasm of the rise to 5c hasnt ben confirmed by punters,until this shows a change in trend (A break of the trend line doesnt show this!) by making higher highs and higher lows then this is in no mans land and everyone is using GUESS analysis.

 

[brerwallabi]

Re: MUL - Where to from here?

I have taken my profit from Mul and sold at 3.1, I really could not believe my stupidity in hanging on, although I said profit I calculate that I have probably lost money by retaining a stock that was downtrending,when I tried to dump them before at 3.1 they fell the next day and still I hang on. Lesson learnt for me I guess, however now I am out of MUL it will probably take off and the nagging thought will be should I have retained them. Thats the trap set for the next MUL type stock I buy, we need discipline to trade profitably consistently and I certainly will not get caught in the trap again with my hard earned not working for me. I dont want to seem magniloquent but I am out and will be hopefully making more then you guys/gals who are stuck.

 

[Bingo]

Re: MUL - Where to from here?

MUL went down a few ticks in US last night to US$2.21. At a conversion rate of .7578 that makes MUL = to $2.9c.

Does not inspire, however, I have no doubt that something is going to happen.

Bingo

 

[stefan]

Re: MUL - Where to from here?

brer,
I'm glad you finally found peace with MUL and a chance to sell out. It won't get you to the Bahamas but maybe you'll find a better opportunity for your money in another stock.

On another note I'm wondering when they will release their half yearly report.

Anyway, I'm off to New Zealand for a week so chances are that everything or nothing will be happening while I'm sitting on top of a lush green hill enjoying the views.

Happy trading

Stefan

 

[crocdee]

Re: MUL - Where to from here?

hi tech
totally agree with your analysis very well put and many here will have learnt something from your post.

my posts were purely comment from what i read into the trading over the last 4-5 days. it appeard to me to be a breakout slowly building how big or small remains to be seen but atleast it has happened. maybe all over maybe not, somehow i don't think its finished yet but good enough for brer to get out.

i have been trading MUL for sometime and similar signs have occurred before with some good breakouts some not so good.

got caught on the last one where i bought @ 3.5c and missed taking profit, the rest is history and still have them

anyway thats all from me for now on this lot lets see what happens next week i think it will be positve atleast for part of the week.

over and out
croc

 

[Lucstar]

Re: MUL - Where to from here?

Interesting...what a brilliant start to the week for MUL.

 

[clowboy]

Re: MUL - Where to from here?

I wouldnt say it was that great....up one/tenth of a cent
I sure as hell wouldnt mind the knowing what is going on though.......

 

[Lucstar]

Re: MUL - Where to from here?

"I sure as hell wouldnt mind the knowing what is going on though......." Clowboy

Mate, im definately on the same boat as you. Its been awefully quiet and this little spike recently is tensing me up. Hope it wont be long until we see the light at the end of the tunnel

 

[tech/a]

Re: MUL - Where to from here?

Nothings going on and thats reflected in the lack luster price action.

 

[brerwallabi]

Re: MUL - Where to from here?

I will repeat out at 3.1, money should be in bank now, bought PEM @$0.85 Monday, today closed at $0.93 if only I had that MUL money on Monday grrrrr, PEM looks set for a run again. I repeat have no faith in MUL anymore, anybody heard any rumours on the next capital raising, it can't be too far away can it?
Please don't take my re-entry into PEM as a recommendation.

 

[RichKid]

Re: MUL - Where to from here?

I will repeat out at 3.1, money should be in bank now, bought PEM @$0.85 Monday, today closed at $0.93 if only I had that MUL money on Monday grrrrr, PEM looks set for a run again. I repeat have no faith in MUL anymore, anybody heard any rumours on the next capital raising, it can't be too far away can it?
Please don't take my re-entry into PEM as a recommendation.

It feels good doesn't it Brer to be out of a downtrender? I hate all that hope and anxiety when it's time to exit via my stops. Hope you make back anything you lost on MUL and more! All the best to the MUL holders, if your faith is anything to go by this'll turn around but I am scared witless by the technicals for it.

 

[crocdee]

Re: MUL - Where to from here?

well tech
dejarvu JRV.

lets not let this site get down to these levels.

brer, good to see you made an exit @ 3.1c could have easily been 1 or 2 points higher but you are happy. good luck with PEM.

every dog has its day as they say it will be MULS turn again one day. for me i will more than likely not buy back.

let's move on to bigger and better things. i for one want to be alerted to stocks that have that are going to produce the goods whether it be short or medium term.

AUSSIE STOCK FORUMS is the place for it. it is streets ahead of competitor forums lets keep it that way

if you guys want the last say go for it.

lets move on croc

 

[RichKid]

Re: MUL - Where to from here?

My apologies Croc, didn't mean to offend or have the last word. Just my observations, all the best with it.

 

[crocdee]

Re: MUL - Where to from here?

hi rich

you made no offence to me.
my post was directed to the comments of tech and brer where i see very little gain to the readers of this forum from what was posted.

from what i have read of their many posts previous they have much to add to this forum. i just didn't see the need to keep the stock nocking [MUL] debate going, especially when brer has already moved on. i don't think i need to say anymore.

rgards croc

 

[tech/a]

Re: MUL - Where to from here?

Croc.
Yes JRV was looking like it had made its run Im out at 3.1.
Leave it off the radar until it breaks 4.0.
Mul is just trading pretty normally I feel.
Bre---well done good to see you taking"opportunity".

 

[pinguen]

Re: MUL - Where to from here?

Its nice to see such a flurry of posts again.
Sad to see mul addicts virtually sobbing as they go cold turkey and sell their beloved mul shares.
Those graphs were fantastic. Even I could understand them.
Thanks.
Could anyone explain what a quiet period for a stock on nasdaq means.

 

[tech/a]

Re: MUL - Where to from here?

Could anyone explain what a quiet period for a stock on nasdaq means.

Same as it means on any other bourse.Lack of interest from investors

Another chart to MUL----OVER!!

 

[RichKid]

Re: MUL - Where to from here?

If what most of the faithful MUL holders have said is true the problem may be with management, I'm not saying it is but if it is why don't shareholders band together through the Australiana Shareholders Assoc or something similar and make your voices heard? You could use a forum like this to agitate for change, if Joe doesn't mind and we don't step over legal limits.

Look at Aristocrat, they put their house in order and all that value was unlocked... if MUL's prospects are as good as discussed and mgmt haven't been upto standard (in some people's opininons) that seems to be the way to go...

 

[Porper]

Re: MUL - Where to from here?

Well, I don't think this appointment sets the pulse racing, let's hope for more announcements soon.

Multiemedia Limited announces that Mr Svend Nisted has been re-appointed Company Secretary to replace Mr Stephen Batten. ADRIAN BALLINTINE Chief Executive Officer Multiemedia Limited multiemedia limited ABN 12

 

[stockGURU]

Re: MUL - Where to from here?

For those interested, here's an interesting article on Newsat's contract with the Red Crescent for disaster recovery and relief operations in Iran.

The second half of the article goes into great detail about Newsat's success in winning contracts throughout the Middle-East, Northern Africa, Eastern Europe and South-East Asia.

Interesting reading.

http://www.itnews.com.au/newsstory.aspx?CIaNID=17140