multimedia going up!

On the way up, this is why and it is quoted from another member saves me writing something similar

"Based on forecast profit for year ending 30/6/06 of 12.8 mill (see MUL WEBSITE for forecast details) and say 2 bill shares on issue:
At PE of 10 = 6.4 cents per share
At PE of 20 = 12.8 cents per share.
I really hope my rusty maths is ok here.
I allow 2 bill shares because yes, i am cynical and there will be more issued for sure. But i am also positive that MUL has plenty of growth.
There will be a revised forecast issued in August.
If there is a profit forecast upgrade then the value will be even higher.
I am very confident that MUL will power ahead (in growth terms). Airworks has more than doubled revenue since it was purchased and will continue to grow (watch for more ann's).
The ann on friday said of New Sat "June was best ever revenue month significantly exceeding May". "
Middle East operations continue to grow strongly"
" Ann soon regarding exiting opportunities"
I am pulling out a few of the positives to balance out a lot of negs being thrown around.

At any point in time one value of a co. is what the market will pay, ie for MUL at 4.05pm today 2.7 cents per share.
What holds it back:
A percieved 'tainted ' past
No actual runs on the board.

What will get it moving:
Results, results and more results.
An actual positive cash flow announcement show Sustained positive cash flow.
Positive revenue anns.
An upgraded 2006 forecast.
A good growth profile going forward.
That exciting opportunity turns out to be a real beauty."

something like 10-12 cents!!!!