MUL - Multiemedia Limited

[brerwallabi]

Re: MUL - Where to from here?

Ok, but do you think that it could drop off the ASX?, i find that extremely doubtful. In my opinion its far more likely to go up, that down.

I could be wrong, but I could also be right.

Lets flip a coin I am sure thats a very good indicator of MUL's future.

 

[RichKid]

Re: MUL - Where to from here?

Lets flip a coin I am sure thats a very good indicator of MUL's future.

I think you're being generous Brer as that would suggest a 50/50 chance, looking at the chart it's not looking like it's just as likely to go up as it is to go down.

But that's just a technical view (I hope it makes sense), the true believers in MUL may know stuff that we don't...

 

[Mofra]

Re: MUL - Where to from here?

OK OK OK,

So MUL is in a downtrend, is earnings negative and is continuously rasing capital to survive. Coming off two years of a great Bull market, even the most fervant MULers must be starting to wonder whether it is all worth it.

Almost every stock forum in Australia has had a fair amount of discussion on this stock, so I in light of the continued underperformance of this stock (especially given the rest of the market) I am intrigued;

Are their any holders out there that can realistically give a timeframe for this stock to actually start making a profit and stage a recovery?

I struggle to find a positive for the company, but some of their investors must be able to justify holding and not cutting thier losses.

 

[tech/a]

Re: MUL - Where to from here?

Ill bet that many followed this train of thought.

(1) Hmm just a small downturn lost 5% of initial purchase price ---it will recover.

(2) Damn still falling now 20% down ---no worries this can gain 100% in a few days.

(3) Bloody hell down 50% I cant afford to get out now---gotta be some positives here ---whens the next announcement.

(4) STILL going down news is rubbish---management have no idea whats going on---get rid of them and it will soon turn 100%+.

Simply the losses are so great for many(not all) that the pain of loss,the embarrassment of not taking or even setting a stop,the thought that their analysis despite all great intentions is clearly wrong bring them to here.

A trade thats a loss and a mindset that is fixed.

Winners find and stay in winners.
Losers simply stay in losers.

If you love it that much buy it when its heading UP.
Thats the opposite to what its doing it looks like THIS.

 

[knit 1 pearl 2]

Re: MUL - Where to from here?

hi

i'm new but have 'followed' this mul for a while
this is definitely pure gamble, it dont pay div, never made a profit and has declining sales.

why does ne 1 think this is good

go to the casino and hope for black jabk instead

 

[clowboy]

Re: MUL - Where to from here?

Would you place $10,000 or more, or even $500 for that matter on one had of 21?

Not only is it a 50% chance of sucess for a 150% payout but you can't decide after your hand to cut your loses at say 10%.

At least with taking a risk with a share you can cut your loses (with the exception of delisting).

 

[stockGURU]

Re: MUL - Where to from here?

...and has declining sales.

I hate to be a stickler for detail, but MUL's revenue has increased from 8,202,000 to 11,768,000 in the last twelve months.

 

[knit 1 pearl 2]

Re: MUL - Where to from here?

well then the e-trade balance sheet for MUL must be incorrect then, it says revenues for;
6/03 $23 mill
6/04 $19 mill

and as far as puting $10,000 on 1 hand well thats not how you do it, i may bet $20 at a time see how ya go.(untill i'm down too much)

Look, knock yourselves out, i wish a good fortune to all, i'm just a electrician

good luck

 

[el_ninj0]

Re: MUL - Where to from here?

based on tech/a's chart that was posted earlier. Wouldn't that indicate to you that this is one of those bubbles just waiting to burst?. Look at the mid october figures, its doing exactly the same thing over again right now.
I think someone else already said this earlier, but i'll say it again anyway. When it jumps, its going to jump big.

Also, I have written to MUL via email, and received responses about their annoucments, which indicate to me they are on track, that they had received additional funding and thier revenues have increased. This is a snipet from the email I received:

"In October last year we released a two year forecast and the release of the
figures for the 1st half of the current financial year confirmed that by and
large we were on track.

Naturally we are trying to find out what caused the current reaction, but
have to admit that we do not always succeed.

Meanwhile you would have noticed the release on 1/3/05 in which we informed the market that we had raised further capital to fund costs associated with a possible significant acquisition."

Hope atleast some of that is useful.

 

[u300314]

Re: MUL - Where to from here?

It is only speculation, but I wonder whether Mul may taking another look IP ACCESS INTERNATIONAL. Mul initially announced an intention to acquire the company in Feb, 2004 then decided to call of the purchase in March 2004 following the due diligence process and "Directors believing shareholders interests are better served at that stage through preservation of the company's strong cash balances and support of internally generated growth".

I could not find any financial information on IP Access, however their website (www.ipinternational.net) profile claims the company has been operating for some seven years and is a leading independent provider of wireless voice, video, and data over satellite and fiber, and offers global satellite coverage to over 85% of the world's population.

At the time Mul CEO stated "the acquisition will extend Multiemedia’s existing substantial satellite coverage into North & South America and will strengthen its management through access to IP Access principals and staff. IP Access has direct synergy with Multiemedia’s existing NewSat technology platform and customer base and will provide many new North & South American based customers as well as further dealer/vendor relationships."

I would suggest that IP Access would still remain a good fit with Mul and most of the Due diligence has already been undertaken.

At the annual general meeting last November, the directors stated they could only see one more equity raising in the foreseeable future and that would be a private placement, to fund a possible acquisition or investment. When questioned further along the same lines, they indicated that ideally they would look (at the right time) in investing/gaining access to another Satellite covering the US and South America, which would give them full global coverage (ie. with Newsat).

 

[tech/a]

Re: MUL - Where to from here?

based on tech/a's chart that was posted earlier. Wouldn't that indicate to you that this is one of those bubbles just waiting to burst?.

It would if the chart was up the right way.
Its upside down and you have proven my point better than I could have.


Look at the mid october figures, its doing exactly the same thing over again right now.
I think someone else already said this earlier, but i'll say it again anyway. When it jumps, its going to jump big.

Also, I have written to MUL via email, and received responses about their annoucments, which indicate to me they are on track, that they had received additional funding and thier revenues have increased. This is a snipet from the email I received:

"In October last year we released a two year forecast and the release of the
figures for the 1st half of the current financial year confirmed that by and
large we were on track.

Naturally we are trying to find out what caused the current reaction, but
have to admit that we do not always succeed.

Meanwhile you would have noticed the release on 1/3/05 in which we informed the market that we had raised further capital to fund costs associated with a possible significant acquisition."

Hope atleast some of that is useful.

Look and you shall find.!!
Note the price scale to the right!!

 

[el_ninj0]

Re: MUL - Where to from here?

Just because a chart is upside down, doesn't mean you cant read it.

 

[el_ninj0]

Re: MUL - Where to from here?

Any predictions on when this one will start an upward trend again? Its looking very similar to the Oct Nov breakout to me. If I had any predictions it would be a jump by upto 1.5c within a week. Only a prediction though...

 

[stockGURU]

Re: MUL - Where to from here?

If I had any predictions it would be a jump by upto 1.5c within a week. Only a prediction though...

You basing this prediction on anything in particular, el_ninj0?

 

[el_ninj0]

Re: MUL - Where to from here?

You basing this prediction on anything in particular, el_ninj0?

Only from what has happend previously. There was an announcment and it was responded to favourably by the market. MUL will be releasing an announcment sometime in the next month i'd say, depending on if this is a good or bad announcement, i'd say we are going to see a very big jump.

It has continued to fluctuate between 0.023-0.025, just like it did on a slightly heigher level between October and November. As you can see there was a massive increase in volume and the price jumped almost 200%.

 

[brerwallabi]

Re: MUL - Where to from here?

Dream, look leave your money in the bank currently 5.55% NAB

 

[el_ninj0]

Re: MUL - Where to from here?

If its following its prevoius trend, then tommorow is when it will start to turn around. According to my calculations.

 

[brerwallabi]

Re: MUL - Where to from here?

Can you explain the previous trend, I can only see one trend sideways and then down again, unless there is some remarkabale news like Kerry Packer acquires some, or MUL acquires some contract with the Kosovo goverment to bring voip to the post war suffering country. Please enlighten me so I can place order my order for a mil. From one who got out at the right time to invest in a cane toad farm. Your post offers nothing, can you show us your calculations.
Sorry if I seem discourteous but your post makes me a bit sceptical, but then it might be a premonition your having or do your charts discriminate against downwards trends?

 

[el_ninj0]

Re: MUL - Where to from here?

Can you explain the previous trend, I can only see one trend sideways and then down again, unless there is some remarkabale news like Kerry Packer acquires some, or MUL acquires some contract with the Kosovo goverment to bring voip to the post war suffering country. Please enlighten me so I can place order my order for a mil. From one who got out at the right time to invest in a cane toad farm. Your post offers nothing, can you show us your calculations.
Sorry if I seem discourteous but your post makes me a bit sceptical, but then it might be a premonition your having or do your charts discriminate against downwards trends?

Not discourteous, I know you just want some hard information that will backup my statements. If you look at some of your charts, at the start of november, you will see a big rise yes?, well, before that MUL has followed a very similar pattern to what has happend in the past 2 months.

Just keep in mind, this is me voiceing whats on my mind. Im not saying for certain that this will happen. However I did feel like "Your post offers nothing" was a bit harsh.

 

[stockGURU]

Re: MUL - Where to from here?

MUL is in limbo awaiting news.

The big questions is, are they going to be able to avoid another capital raising and meet their revenue forecasts?

Time will tell.