MUL - Multiemedia Limited

Re: MUL - Where to from here?

I hold 200,000 shares , minor in comparison to yourselves , but they cost me nothing as I sold a bundle at 10.5 cents last year ( just mised out on the 12.5 cents the following day) . I am always of the opinion that you take a bit of profit ,but also leave some to the next person . I am also a contrarian , this company has a lot going for it with many people negative , it is about as low as it can go , thats why I am starting to buy again. Not many people believe in this form of trading,but I can site stocks like Burns Philp at about 5 cents not long ago, Aristocat plunged dramaticaly last year,QBE Insurance plunged dramaticaly when HIH folded and bounced back, even News Corp was as low as $3 within the last 10 years went to $33 before the share split . ANZ and WESTPAC were shunned it the late 1980,s and got down to about $3 each because of their bad loan portfolios . Over the years their are dozens of other examples . MUL has a lot of work ahead of it , but keep in mind they are competing with the big boys , but also they only want 2 to 6 % of the industry to give shareholders very good returns . I,m banking they,ll get more than this . Regards kooka.

Re: MUL - Where to from here?

hi guys
dont get me totally wrong i still have faith that mul will one day produce the goods. for me at the moment just too many uncertainties out there to feel comfortable at present. before mul can hit 10c 20c 60c or whatever it has to change trend and at the moment the trend is still down. next week it may go lower or higher who knows, but the highers will only come in the lead up to a good announcement. lets hope its sooner than later.

in the meantime i like you will be watching closely and take what i consider the best advantage of my investment whether it be short or long term.

sometimes we need to get a few things of our chests.

regards croc

Re: MUL - Where to from here?

I hold 240,000 MUL shares at an average price of 4.8 cents.

As you can see, I ignored my stops on this one but have a strong belief that they will deliver the goods.

Time will tell... but I do wish management had a little more regard for the shareholders.

Re: MUL - Where to from here?

Hi Guys

I hold about 6M shares; normally I wouldn't be able to sleep at night with such exposure!

I've spoken to MUL in length in regard to Newsat, what it can and can't deliver and what’s about to come on line, I've done that as part of my normal business and having to run offices in several states. In fact my business is seriously looking to become a reseller.

The warm and fuzzy feeling I'm left with after a chat or 2 is from what I gleaned between the lines, I expect this week to see some made public, it's all about what Newsat will be able to offer and there are several new initiatives coming in the near future. I wish I could tell you the details but that would cut off my source.
Think about what they can’t do..

It would be best to assume that all the above is one big lie and I'm only saying that because I'm into MUL big-time. Anyone that has been following me would know different.

Still VERY RISKY but I'm after A BIG REWARD or a KILLER LOSS.
(You can’t take it with you?)

Yet I don't even worry about the crap management, which by the way is only the upper management the ones guiding the Newsat ship are really switched on and so far ahead of the market it's not funny. Only IMHO do your own research etc.

Regards and good MULing

TG

Re: MUL - Where to from here?

Ok, I read the notice and I came to a wonderful result:

30 million options will be issued at 5 cents each. The funds raised will be used to finance the launch of RSSL.

This can only mean one thing:
Management expects the share price to increase above 5 cents within the next few months.

Why? They need the money for RSSL ASAP. That's why they initially raised a few million bucks within managment. If they are serious about using the funds for the launch of RSSL then this money needs to flow soon.

That's my idea anyway. I will however vote AGAINST the issue of an additional 30 million options for Findlay.
They already paid them 75 million options and 20 million shares. Enough is enough!

Comments welcome!

Happy trading

Stefan

Re: MUL - Where to from here?

hi all
some interesting posts since my heart to heart post aug 13 ( black friday you know )
bloody hard to make a quid from trading at the moment with uncertainties everywhere.

TG- always knew you were a bit behind the scenes and respect your confidence that you must be careful in what you post.

Stefan- im with you here why give off the cream to findlay at average joe blow (sorry boss i dont mean you) shareholder expense. it does worry me a bit that if they ignore us out there in the market place that they must have their best interests in their own bank accounts.

anyway i investsed in mul to make money. all i can say now is bring it on mul lets start smokin.
TG lookin forward to news this week
Stefan hope you win the comp
JB this is a good site, brings out some good discussion without the garbage. I LOVE IT.

regards croc

Re: MUL - Where to from here?

Yet I don't even worry about the crap management, which by the way is only the upper management the ones guiding the Newsat ship are really switched on and so far ahead of the market it's not funny. Only IMHO do your own research etc.

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Well, so it would appear that we all agree that management is not exactly interested in its share holders benefit, but rather looking after their own interest.

TopGun, with your big holding we are already representing close to 9 million votes. Not worth much in the big picture, but it may be enough for a bit of a shake up. What are your intentions regarding the new issue of 30 million options to Findlay? Are you going to vote for it? I think we should make a point here and if everybody is voting against it then that should send a signal to these guys. They will start to feel the pressure. Nothing will change this time, but maybe it will make them thinking...

Let me know your thoughts!

Happy trading

Stefan

Re: MUL - Where to from here?

This is not an "MUL is crap" post, but it is an "I *still* don't get MUL" post, so if that annoys you please stop reading now.

I'd never heard of the stock before I came here; I don't own any shares and I don't plan to buy any because it's outside my guidelines. My interest is that a lot of people here are in it as a high-risk possibility, and I'm trying to follow the reasoning that makes you see the possibilities as outweighing the risks.

My first problem is that I still, after quite a bit of digging about, don't see what MUL offers that gives it a strong competitive edge. As far as I can tell its products consist of goods and services put together from other sources. Nothing necessarily wrong with that - IBM for one does massive global business that way - but it means that barriers to entry are lower than they would be if there was a specific product.

They offer 2-way satellite broadband through NSS-6 to ISPs in Australia. So does Bentley Telecom. Australia is also under the footprint of ISatAsia, and for businesses including "Hotels, ISPs, POPs, Govt, Schools, VOIP, video conferencing, VPN to Europe-USA", AsiaSat 4 and 2.

Similarly, in the middle east any reseller of NSS-6 can enter the market and Bentley Telecom is already there. Other options are ISatAsia (again) AsiaSat 3 and 2, an amazingly topical one called HellasSat, and probably others because the footprints overlap.

No doubt all satellites are not the same, but my point of puzzlement is: What does Multiemedia have that no one else can offer at a painfully competitive price?

Then there's the question of management. Last time I got my head bitten off on this thread I said that I had first-hand experience of fine products and finer people being destroyed by ignorant and/or arrogant management, usually excessively focussed on sales. By ignorant I meant ignorant of the real limitations, and hence in many cases the real potential, of a technology, which leads to selling the wrong benefits and misdirecting product development. I'm deeply skeptical about the prospects of any high-tech startup that lacks deep technological expertise in its top echelons. I accept that the deep expertise might exist, but it's not the focus of the profiles on the website. And the top echelons seem to have a record of setting themselves up to benefit far in excess of other shareholders.

I wish the shareholders on this board well, especially as you start demanding a bit less action for the board and a bit more for the rest. But please... what differentiates this company in its marketplace?

Puzzled but persistent,

Ghoti

Re: MUL - Where to from here?

I had another thought about this last night. I think I'm assuming that people who've bought MUL to hold are expecting a big price jump at some stage and then they won't care any more. But if the business is being "built to last", then an excellent result might be a slow, steady rise and an ongoing dividend income. That makes more sense of the competitive position as I see it, but I think it would make management focus even more critical.

Maybe a General Chat discussion about executive stock options would be timely?

Cheers,

Ghoti

Re: MUL - Where to from here?

Ghotib,

This is not an "MUL is crap" post, but it is an "I *still* don't get MUL" post, so if that annoys you please stop reading now.

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Why would that annoy anybody? MUL is not the solution to all our financial problems. And it's certainly not a stock everybody has to agree on. I think I made it clear in many postings that MUL is high risk and under bad management. So there are two reasons why one could easily post "MUL is crap". Please keep your critical views coming. It's most important that others get an idea about what's wrong with MUL.

No doubt all satellites are not the same, but my point of puzzlement is: What does Multiemedia have that no one else can offer at a painfully competitive price?

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Nothing, really. Their product is just regarded as competitive enough to get a fair market share in the areas of coverage. There is no need to have a monopoly. You just need to be good to get enough clients to support your business. It's an interesting solution for areas who suffer from unreliable infrastructure or remote areas with no infrastructure at all. The market is big enough for many players. Just as it is for many ADSL providers. Sure, it would be nice if only MUL had the right to provide the service, but I guess that would only be good for shareholders and management and not for the rest of the world.

Then there's the question of management. Last time I got my head bitten off on this thread I said that I had first-hand experience of fine products and finer people being destroyed by ignorant and/or arrogant management, usually excessively focussed on sales.

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Where did you get your head bitten off in this thread? I'd be the first to defend you. Nothing sucks more than management in this company. I've made that clear many, many times. (Probably too many times).

I think I'm assuming that people who've bought MUL to hold are expecting a big price jump at some stage and then they won't care any more.

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Wrong. Not my intention. If that was my intention that I'd have dumped my shares at 10 cents. It was there long enough.

But if the business is being "built to last", then an excellent result might be a slow, steady rise and an ongoing dividend income. That makes more sense of the competitive position as I see it, but I think it would make management focus even more critical.

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Correct. I mentioned before that I have given MUL 1-2 years to develop their business. If they succeed, then we should indeed see steady growth and substantial stream of income. Management is all the more crucial but I've come to the conclusion that I'd stick it out with them for the 2 years to see what happens. I can't do anything about it except rising my concern. Mind you that management of bigger companies (NAB for example) isn't much better. (Excessive bonus payment, golden parachutes and so on. The list is endless.)

Maybe a General Chat discussion about executive stock options would be timely?

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Yes, why not. but the list would probably become too big to handle in no time

Ghotib, by all means keep posting. Rest assured that this is not one of those "MUL glorification" places. There are many, but I think you have to say that there is a fair discussion going on. Even if there are some big holders of MUL here, we are not blind folded and well aware of the risks.

Happy trading

Stefan

Re: MUL - Where to from here?

stefan re:

TopGun, with your big holding we are already representing close to 9 million votes. Not worth much in the big picture, but it may be enough for a bit of a shake up. What are your intentions regarding the new issue of 30 million options to Findlay? Are you going to vote for it?

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While I feel upset with management funding the office lunch by writing more script, I'm not sure what other plan B they have in place, in may help the balance sheet to fund things this way allbeit at the expense of the current SP in any case they will push it through regardless.

That's not to say I don't want a seat on the board!!

Croc

JB this is a good site, brings out some good discussion without the garbage. I LOVE IT.

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--That's why I like it here too, will post elsewhere when the time comes, anyone that thinks they will move the SP by posting is kidding so it's just a good place to have a reasoned point of view debated?

ghotib

This is not an "MUL is crap" post, but it is an "I *still* don't get MUL" post,

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Fair enough, we need to see both sides.

What does Multiemedia have that no one else can offer at a painfully competitive price?

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Nothing.

But I think they will be first to market with a TOTAL SOLUTION with includes making money from the hardware, we all seem to forget MultiE don't we!he

Some of the reason I think MUL may come good is yet to surface, MUL have gone up against Telecom on a cost basis and won business, this business along with many other examples has yet to be documented after all why tell the world what your planning in advance? Better to go after vertical markets first, secure contracts, then brag.


IMHO


TG

Re: MUL - Where to from here?

Since this is the most read and replied topic, so I post my quick question here:

1. How do you find out the stock position in the market? For example. like MUL what position is MUL in the market.

I know it market capitalisation. I also got a copy of AspectHuntley's Top 500, but MUL is not in there.

Any link that you can provide?

Thank you

Re: MUL - Where to from here?

1. How do you find out the stock position in the market? For example. like MUL what position is MUL in the market.[.quote]

Jet, position based on what? Market Cap? Volume? P/E ratio? Debt level?

Being a small cap stock I wouldn't expect to find MUL anywhere on a top xy list. (It's mostly found on top volume lists, but that's not what you're after...)

Happy trading

Stefan

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Re: MUL - Where to from here?

Stefan,

Sorry I did not make it clear. MUL position base on market capitalisation? not volume or any other stuff.

Re: MUL - Where to from here?

Jet,

With a market cap of 45 million I wouldn't expect MUL to be anyhwhere on a list. I've never looked at a list that would contain all australian companies sorted by market cap.

Lots of activity in MUL today. Let's see how far it can run this time. Big orders at 3.9. I'd still say that news must be around the corner and with a bit of luck it will be just in time for the August stock tipping competition. ;D

Happy trading

Re: MUL - Where to from here?

hi stefan

i cant work out whether the price is being propped up for a sell or if this is genuine buying. seems to be a mixed bag at the moment. indicators point towards buying however as shown many times before can turn quickly the other way.
interesting couple of days ahead perhaps.

regards croc

Re: MUL - Where to from here?

Hi TG and others,
I still believe that Mul has a great future. I've spent a lot of time following up threads etc and have located quite a few using new sat. The only thing worrying me is hibis. Telstra is already on as a provider. Rbbs appears to be offering a similar product to mul but may not be linked.
Sites easily located on Google are:Bushtech, Broadband wireless, Planet netcom, Grx technologies, nsw.net satellite and calibre net. Some of these sites have links to new sat.
Check these out. TG I think you're correct. Their staff must be working like beavers.
Regards.

Re: MUL - Where to from here?

Stefan & The Rest of The World,

If I want to find out a company position 650 by market capitalisation, how do I do this?

Re: MUL - Where to from here?

Hi Guys

Hi pinguen

The only thing worrying me is hibis.

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MUL have applied and see no reason why they won't be successful considering the Government work they already do, most of which for security reasons is never mentioned.

See you all at the 10th? Can't wait to ask if they paid the caterers in script too! There are a few Taxi drivers with MUL shares too..

I hear from the BS forum that Woollies have paid MUL with groceries.

MUL’s master plan must have something to do with preserving ready cash for people who don’t bet.
:

TG

Re: MUL - Where to from here?

I want to find out a company position 650 by market capitalisation, how do I do this?

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Jet,

Sorry it took so long. I had other stuff to attend to.
So you are after a list of ALL stocks traded on the ASX sorted by market cap?

There are 1646 listed stocks so the list is rather big...

Is this what you want?

http://64.94.102.203/marketcap.php

Happy trading

Stefan