MUL - Multiemedia Limited

[zoop]

Re: MUL - Where to from here?

up up up...
down down down..
just trade for your needs and dont think too far into the future for your sake..

 

[tech/a]

Re: MUL - Where to from here?

I'm interested in the trading plan of anyone who is trading these.

All to often I see the likes of MUL rise 100% and people blow it.

While I understand that many have bought at 5c and want to get that back,so they stay in much longer than the market will stand.

Why has there been no PLAN discussed,does anyone have one other than sit and wait for price to reach an all time high?

I gave the example of OOPs or Shark Bar using MUL here

https://www.aussiestockforums.com/forums/showthread.php?t=1338&page=2&pp=10

Post 15

I now see people complaining (Bit harsh--remarking then), about the way MUL has risen sharply and now fallen just as sharply.

If there was a plan perhaps there could have been some serious profit.

Would someone like to put forward a way of trading these(Fast moving small caps) to maximise profit??
LVL is another example currently.

 

[markrmau]

Re: MUL - Where to from here?

I shorted MUL using Marketech CFD's at .027 and covered at .025

The reason I covered early (my plan was to cover on close) was that my risk reward ratio was blown out because the cfd provider rounded the trade against my favour to the 3rd decimal point. This means I lost a tick each way, blowing out my risk/reward ratio.

The good people at Marketech realised this was a bit unfair, and fixed up my trade (to about $20 each way or so), but have now removed MUL from the tradable stock list. (It was only in there because it used to be on SP300 list).

There was an additional risk that MUL could have announced another dodgy takeover that could have been day traded to a high level (basically I didn't want the trade open too long anyway).

 

[IcUrPoint]

a question for (Adrian Ballantine) MUL

could I suggest to you that is it true that as a company Secretary you can reveal or suppress official company records?

why are you then engaging yourself in a position which could reasonably raise that suspicion? particularly when MUL activities are under investigation by ASIC??

 

[RichKid]

Re: MUL - Where to from here?

This is an old article on Steve Vizard and his relationship with a MultiEmedia. Is it the same company as MUL folks? It refers to a sp of 80c in early 2000 but my chart doesn't show it.

http://www.theage.com.au/news/busin...re-in-the-squad/2005/07/17/1121538864623.html

....In March 2000 MultiEmedia joined their partnership, buying a 23 per cent stake. At the same, MultiEmedia enticed Vizard to join its board as chairman in return for 4.5 million MultiEmedia share options. These were exercisable at 20 ¢, and with shares trading at 80 ¢, they were already comfortably in the money.

Within eight days Vizard had made $2.7 million by exercising half the options.

The options trade took several months to surface because Vizard's accountant had failed to notify the stock exchange, but when it eventually became public in August, a month before Vizard resigned from the Telstra board, he said he took the options instead of directors' fees.

He said the MultiEmedia board had agreed he could immediately sell half of them to pay his tax liability.
....

 

[Knobby22]

Re: MUL - Where to from here?

Yes, it was another (of the many)dodgy things he did.

(Sue me Vizard)

 

[IcUrPoint]

The Vizard case in 13 questions

this is well worth a read

http://www.pierpont.com.au/eco_Archives/default.cfm?behaviour=view_article&id=4443

 

[IcUrPoint]

attention (Joe)

your rival H/C don't want anyone to reveal the facts on MUL. hundreds of posts have been removed in the last few days on MUL and particularly Adrian Ballantine.

will it bother you or the owners of this site if the true facts about mul and Adrian Ballantine is brought in public domain?

Cheers

 

[Joe Blow]

Re: attention (Joe)

your rival H/C don't want anyone to reveal the facts on MUL. hundreds of posts have been removed in the last few days on MUL and particularly Adrian Ballantine.

will it bother you or the owners of this site if the true facts about mul and Adrian Ballantine is brought in public domain?

IcUrPoint, why were they removed from H/C?

If what you want to post doesn't involve slander or defamation of character then I don't imagine there will be a problem.

 

[IcUrPoint]

Re: MUL - Where to from here?

thanks Joe

no slander or defamatory statements, simply stating the facts as they are; which incidentally are in public domain.

nevertheless if the truth is going to hurt Adrian Ballantine and multimedia so be it- I'm far more concerned about the truth and the interest of 40,000 shareholders than scrupulous businessman with their own agendas-

I don't know hotcopper's agenda- it might be a conflict of interest between an advertiser on hotcopper who is also involved with Adrian Ballantine and multimedia -

E-trade advertises on hotcopper

or perhaps in light of the switchcorp case multiemedia does not want any negative publicity of any kind



kindest regards

 

[zoop]

Re: MUL - Where to from here?

hi guys.
Well i guess if hot copper delete messages they dont like then they are taking sides in an open discussion, so they tacitly support Ballantine and MUL, and so the newsgroup isnt unbiased, as indicated when you press the ok button.
Censorship is bad in any form, and worse when small people decide arbitrarily that when they dont like something they erase it.
Even if the comments (although they didnt seem to be) were slanderous, they were made and its the responsibility of the slander to remove the comment, not of the news group manager. IMHO if the comments offended someone, then the comment could be highlighted as being objectionable, and the poster suggested to retract the comment.. deleting comments arbitarily changes history, good or bad.
Another thought, if the offending comments were removed and cant be seen, then they dont exist so they never happened....

 

[TheProphet]

Re: MUL - Where to from here?

Some serious volume and movement today. Possible shorterm breakout.

 

[DRUGGIST]

Re: MUL - Where to from here?

My fault, I sold out after having various holdings over the last 2 years, ouch!

 

[TheProphet]

Re: MUL - Where to from here?

It is a bloody hard stock to squeeze money out of nowadays. Someone is pump and dumping - just dont know which part the pump or the dump it is at the moment?

 

[Anthony Hosemans]

Re: MUL - Where to from here?

Some serious volume and movement today. Possible shorterm breakout.

I continue to have great interest in this stock. Current movement relates to Mul's company "NEWSAT" being mentioned on 'Your Business Success' program on channel 9 on Sunday morning. They are part of a package called NLIS( National Livestock Identification Scheme) currently being promoted to farmers in Australia. (refer www.psystems.com.au for futher details).
Additionaly last wednesday when the Telsta $3 billion for country people was being sub-divided (when it gets the final approval) an additional $800 plus million will be added to the Hibis scheme, of which Multiemedia already has a finger in the pie.

Of this money $90 million will be provided for remote outback Aboriginal settlements as announced in parliament last wednesday. Guess who already is in the governments books for some of this money, Multiemedia once again,(As announced by the company in the last month or so)

A futher interest in the company, is the Voip system, in which it has invested some $10 million of funds over the past 2 years. (refer use of funds received from issue made to shareholders in 2003).

This company is reputed to have the best Voip system in Australia, and obviously the Federal Government has been happy with them and has been throwing some of the Hibis money their way.

THIS IS SET TO INCREASE NEARLY 10 FOLD!!!!!!

No wonder there is interest from investors. Regards Kooka

 

[mhutch]

Re: MUL - Where to from here?

This trading halt must be something else, its too early to be tied up with the $3B bush fund.

Any ideas??

Cheers,
mhutch

 

[Anthony Hosemans]

Re: MUL - Where to from here?

This trading halt must be something else, its too early to be tied up with the $3B bush fund.

Any ideas??

Cheers,
mhutch

Not aware of anything, although it may have something to do with Airworks, which went under their umbrella a few years ago, although may not have been fully owned. I find it odd for a two day halt for something minor. That glip in the share price on Monday, leads me to think other people have caught wind of something, that jump in price indicates any announcement will be favourable.
Regards Kooka.

 

[Joe Blow]

Re: MUL - Where to from here?

Interesting announcement:

MULTIEMEDIA PURCHASES WORLD CLASS MEDIA PORT FACILITIES AND PROFITABLE BUSINESS FROM NEW SKIES SATELLITES

Thursday 25 August 2005

Multiemedia (ASX: MUL) today announced it has signed an agreement to acquire 100% equity of New Skies Networks Australia Pty Ltd (NSN) from Netherlands-based satellite communications company New Skies Satellites B.V.

The A$13 million cash purchase comprises an upfront payment of A$2 million with the remainder to be settled in 60 days. The new entity will operate as an Australian registered company known as NewSat Networks Pty Ltd.
The New Skies Networks acquisition will deliver immediate cash flow positive results for Multiemedia, whose existing operating divisions recently became cash flow and EBITDA positive. New Skies Networks achieved total revenues of A$22.9 million for the fiscal year ended 31 December 2004 and an after tax net profit of A$5.4 million.

The deal comes with a very substantial back-log of contracted secure revenue over the next three years and will extend Multiemedia’s reach into the oil, gas, mining, broadcasting and Government sectors.
Adrian Ballintine, the Founder and CEO of Multiemedia, described the acquisition as a significant investment that reflects the growing nature of the company.

“We have invested heavily over the past few years in building a solid business foundation capable of delivering sustainable, long-term and recurring revenues for our shareholders. This period of waiting is now over,” Ballintine said. “Our business has turned a corner with the acquisition of New Skies Networks the icing on the cake.”

He added that the purchase was extremely profitable and presented direct synergies with Multiemedia’s existing businesses, in particular its NewSat satellite delivery arm. “Combined, these businesses will deliver substantial profits for our shareholders,” Ballintine said.

The transaction will be funded by increased share capital, with the number of shares on issue expected to increase from approximately 1.6 billion to 2 billion.
“Multiemedia has deliberately not taken any bank debt to fund this acquisition,” Ballintine said. “This has been a strategic move aimed at providing a fast track to dividends for our shareholders.”

The acquisition will see Multiemedia take ownership of New Skies Networks’ ongoing business, its Sydney head office and a substantial network of assets including two modern media port facilities in Adelaide and Perth, which are set upon three acres and one-and-a-half acres of land.

“Ownership of the media ports will create a new revenue stream for Multiemedia and eliminates costs,” Ballintine added. “In the past we had to lease media port services from other companies but now we’ll be able to provide them, which means some of our competitors today will become our customers tomorrow.”

Politically, geographically and climatically Australia offers a safe environment to house media port facilities. “Satellite technology is the future of general communications, entertainment, education and health services,” Ballintine said. “We expect to see greater up-take of our services as the market realises satellite communications has matured and is now an affordable and effective option.”

Together, NewSat and NewSat Networks will be able to provide satellite coverage to 75% of the world’s population including Europe, the Middle East, Africa and Asia, making Multiemedia one of the largest media port operators and satellite service providers in the southern hemisphere.

As a result of the acquisition, the previously announced Multiemedia financial forecast for FY06 is redundant.

Any comments?

 

[el_ninj0]

Re: MUL - Where to from here?

Interesting announcement:



Any comments?

Very interesting joe, ive been watching it pretty closely. still am. stop distracting me!

 

[tech/a]

Re: MUL - Where to from here?

As with most MUL announcements it seems the market sees them as just HO HUM.

From what I see there are more falling over themselves to un load stock than accumulate.

Bottom line is this is a 2c stock that cant make a profit.
You can announce your brains out and thats not changing the reason its a 2c stock.