MUL - Multiemedia Limited

Re: MUL - Where to from here?

Buyers starting to pick away at 4.1c now.

Let's hope it maintains this upward momentum.

I ignored my stops on this one... I'm not going to let it happen again.

:-X

Re: MUL - Where to from here?

hi all
been away in the bush since 0400 hours just got back.
nice to see mul buyers still accumulating. i think it will be a good sign if it can hold at least 4c on close. would be a better sign if the 5mil? man moved up a notch and took out the 4s.
something looks like its brewing.
definetly agree with you boss about the stops

regards croc

Re: MUL - Where to from here?

jeeez the 5mil? man is starting to get his share at least hes genuine
want a close 4 or above maybe some late action who knows

croc

Re: MUL - Where to from here?

well closed @4c on slow but steady buying and still looking positive. your thoughts stefan?
TG i know youre strong on mul what do you reckon.

hey boss how come some of my posts are not being counted. nt that it really matters, just wondering

regards croc

Re: MUL - Where to from here?

Croc,

Nice close at 4 cents. All I can say is that I still believe we will see news within days. But then again, it's MUL, so your guess is as good as mine... ???

There are some serious buyers at 3.9 all over one million in size. Makes me think that something is about to happen. Nice volume today, but mind you we saw 80-90 million shares traded on MUL on a day with news. That's what we need to move it. Lots and lots of activity. Until then I'll just sit and wait. Been sitting on my MUL shares for so long, it doesn't reall matter to me. The only thing I'm looking for is an increase in August so that I win the competition ;D

I suggest we all relax and see what happens. Maybe the dip in price was due to a director selling his stake... Clinton probably had to pay his phone bill and needed some cash. :

Happy trading

Stefan

Re: MUL - Where to from here?

crocdee and team

I say 15c ;D

When is the big question!

I've been betting on an announcement for some time now, I believe that at least one will be related to new Newsat services, (next week according to my tea leaves) there are also some nice contracts for grab and I trust NS will get their fair share.

Sell if it goes below 3c else hold and take profits as soon as your happy, it will go up one hell of a lot quicker than it went down, but down it will go and by then I would have sold some.

TG

Re: MUL - Where to from here?

So the annual meeting is scheduled for the 10th of September. Requesting approval for another 30 million options to Findlay.. I'll have to read the details first, but that sounds just like another fishy deal between MUL and Findlay.

Let me read up first...

Happy trading

Stefan

Re: MUL - Where to from here?

T.G. Nice to see you here as well . Weren,t you going to wait till an anouncement happened . Anyway topped up my holding yesterday , I,m looking to sell at around 35 cents in 12 to 18 months to pay off the house and like Stephan I have held shares for a long time, most purchased at early last year prices . Regards Kooka.

Re: MUL - Where to from here?

hi guys
just received notification mul calling a general meeting 10 september for shareholders to approve the issue of options to assist in capital raising (possibly the previous 1 centers to the mates who knows ? ) also the issue of a number of shares and options which occurred since 7 november 2003.
we should receive mail this week.
be interesting to see what happens now with trading tomorrow.

regards croc

Re: MUL - Where to from here?

I very much doubt that anything much will happen tomorrow based on that.

Anyway, correct me if I'm wrong here:
They seriously plan to pay Findlay another 30 million options for consulting services at an exercise price of 5cents. Expiry date is Sept/06. That's 2 years from now. The second options will be issued for free.

The fund rised by the exercise will be used to finance the launch of the RSSL product.

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WHAT FUNDS??? Somebody please enlighten me here. If they issue the options for free and the exercise date is 2 years from now, what funds can they rise to finance a product that they want to release right now????

Issued in return for provision of financial advisory services

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Let me see... 30 million options at 5 cents = 1.5million dollars. That alone is quite a figure for some unspecified financial advisory services. Assuming that MUL would be worth 30 cents within 8 months, that would be $9 million dollars. Findlay already got another 30 million options, so that makes it $18 million, not to mention the 20 million shares they gave them. Excuse me, but are they all insane?

Somebody post something to calm me down, please.

??? ??? ??? >

Re: MUL - Where to from here?

kooka1956

That was elsewhere!! And a while ago I posted this boards address there.

What's the use posting answers to posts like "MUL is crap" "MUL is.." and such, there will be ann's coming and I'm not talking about today’s notification.

When they come I will post them there.

MUL needs cash to ensure they can fund the lag time between having services in place and making a profit, while I would rather the directors go to the bank and put up their houses for the money I guess their mates will have to do, so you have to ask yourself are all the boys stupid and throwing good money after bad or have they been given the winning lotto ticket?

TG

Re: MUL - Where to from here?

When they come I will post them there.

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Let me assure you, there will be no need to post them once they are released ;D

Happy trading

Stefan

Re: MUL - Where to from here?

hi all
buy side looking weaker this morning pre open
5mil?man @ 3.9c has pulled his bid
regards croc

Re: MUL - Where to from here?

So how many shares exactly does MUL actually have on issue (I know it's over a billion) and what is their current market cap. given a share price of 4 cents?

Re: MUL - Where to from here?

hi joe
1,229,105,652 shares
$46,706,015 undiluted
regards croc

Re: MUL - Where to from here?

hi joe
1,229,105,652 shares
$46,706,015 undiluted
regards croc

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Thanks croc! ;D

Re: MUL - Where to from here?

Thanks T.G. I don,t bother posting anymore on that other site as too many blow ins for my liking , with nothing better to do than waste peoples time . I don,t mind constructive criticism , but some characters are over the top . Joe Blow , hope you can keep those people away from here . Re. MUL ,as I read it , the meeting in September is for the approval of their share issues over the past 9 months only , the annual general meeting will be later in the year . We could all vote against these issues , but as a large percentage of shares are close to the board , it would be defeated . I am gradualy seeing the overall picture and believe this company is laying a solid foundation . The only possible downfall at the moment is the lack of expertise available for installations . They obviously have more work than they can handle at the moment . Regards, kooka

Re: MUL - Where to from here?

What a day... My connection was down all day >
MUL had a bit of a hit today it seems. Well, back well below 4 cents. What can you do... Just keep waiting.

Kooka, I agree that MUL has lots of stuff happening which is about the only reason I'm holding plenty of shares. The RSSL thing will be a very interesting product. That looks like a turning point to me as high installation costs will come down which will provide them with a solution that can't be beaten. Where else could you get so much speed both ways for that money out in the bush? Mining companies and other remote industries would have to have an interest in this.

We shall all see... For now it's back to the waiting game.

Happy trading

Stefan

Re: MUL - Where to from here?

hi all
stefan and tg lets get serious about mul

firstly i will declare my hand i hold nearly 900000 shares which my break even point is 5.1c and for obvious reasons want to see mul do well. i bought into the stock through my own reasearch and my own decisions i am totally accountable for that noone else.

stefan this is your hot stock for this month and have been posting that positive announcements are forthcoming ( to the extent that maybe this week)

tg you are also hot on mul and have posted so on ozestock but now have gone much quieter.

mul may produce the goods one dayand i for one thought it would be sooner than now from when i first invested. however over the period of time i have found that the management appears only to be looking after their own best interests first shareholders second (probably not uncommon with a lot of companies)
unless a miracle happens i think it will be quite sometime before muls share price really gets well above where its at now and does then stablise.
its in a long term down trend with a major resistance at 4.5c and when it breaks through that it has to deal with 7c. so i see it being sometime before we see 10c again.

to some it up i will continue to hold and make an exit with a profit assuming they get over 5.1c however whilst from what i read i do believe they have the goods i am disallusioned with the company through selfish management. any good announcements will be dealt with harshly by the daytrader group for a while which will give us all the same opportunities.

for me im now looking to get out at the best chance i have. october is not far away and with a US election plus alot of other crap thats going on around the world.

good luck to all with mul. i will follow with interest but are really looking for a big turn around with this company hope they can produce it.

my thoughts only from my heart

regards croc

Re: MUL - Where to from here?

Hi Croc.

stefan and tg lets get serious about mul
firstly i will declare my hand i hold nearly 900000 shares which my break even point is 5.1c

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Ok, so here we go:
I'm holding well over a million shares at an average cost of 2.2 cents which I bought more than 12 months ago with the intention to hold until the product is introduced and the market has picked up. My time horizon is between 1-2 years. So there are still 8-10 months left.

stefan this is your hot stock for this month and have been posting that positive announcements are forthcoming ( to the extent that maybe this week)

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Yes, I have picked it assuming that they will produce some news before September. This is an assumption. Nothing more, nothing less. There is no proof or rumour whatsoever that I will be right with that. It just seems to me that news could be released BEFORE the annual meeting which is in September. My speculation that it may be this week was based on its trading pattern earlier this week. But as we saw, that didn't happen.

mul may produce the goods one dayand i for one thought it would be sooner than now from when i first invested. however over the period of time i have found that the management appears only to be looking after their own best interests first shareholders second (probably not uncommon with a lot of companies)

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I agree. See my previous postings. I'm pretty pissed with these guys as well. They seem to release options after options for services that we have no idea about.

unless a miracle happens i think it will be quite sometime before muls share price really gets well above where its at now and does then stablise.
its in a long term down trend with a major resistance at 4.5c and when it breaks through that it has to deal with 7c. so i see it being sometime before we see 10c again.

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I don't agree. All that needs to happen is a solid news release. MUL is one of the most actively traded stocks when there's news around. It can easily do 80-100 million shares a day. So far we havent' seen any action but if it happens, the stock is flying. Even if daytraders are getting in and out.

to some it up i will continue to hold and make an exit with a profit assuming they get over 5.1c however whilst from what i read i do believe they have the goods i am disallusioned with the company through selfish management. any good announcements will be dealt with harshly by the daytrader group for a while which will give us all the same opportunities.

for me im now looking to get out at the best chance i have. october is not far away and with a US election plus alot of other crap thats going on around the world.

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I'm still profitable with MUL so my situation is slightly different to yours. But nevertheless, I don't believe that much can happen to MUL except that they could run out of money. But that's the risk with a high risk investment like MUL. I've always said that this one is very high risk and only time will tell how good it can perform. I went in early, believing in the product but not in Management. Normally I wouldn't invest, but the product and the coverage they have are too good to be ignored. Especially when the share price was below 2 cents.

MUL doesn't seem to react much to bad or good news affecting the markets as such. It's price at current levels is well within reason based on their figures. There are many companies out there who are much worse of.

I think holding MUL for another year is worth it. There is little reason to believe that it would go down the drain and 2 way staellite data connections have only just started to gain attention. I believe that MUL has a problem the way this works.They are in a partnership with 4 different companies and they resell their product. So they may not really get that much news as they play a role in the background. Just my idea...

So to sum it all up:
I'm pissed with management as you can see in my many postings.

I do believe that the product still needs time to fully develop its potential. The areas like middle east, asia, china are of great interest to me. To enter these markets takes a lot of time and I'm willing to give MUL the 2 years I initially figured out as reasonable.

The potential price if everything goes to plan: 40-60 cents per share.

I also believe that there will be a reverse split towards the end of this year to bring the price closer to $1. I expect to see a 3:1 split once the price is well above 10 cents. I'm still positive that the price will go up in August and I see it above 10 cents by November. This is based on my own research and assumptions.

All the best to all of you MUL holders out there! I'm with you...

Happy trading

Stefan