MUL multiemedia limited

i think i have been suckered, page-5

  1. 617 Posts.
    Just be carefull with these Internet, Dot Com, Tech
    Type Companies.

    Most have been bleeding shareholders for funds for years
    and at the end of the day there is no real Nett Profits.

    I'm not saying in MULS case as such, but in general with
    Tech Stocks.

    Mul has 763m shares on issue for a cap of 52Million at
    6.8C todays close. so in essence on a PE of 10
    mul needs a nett profit PA of $5.2 Million dollars to
    warrant it's capital value atleat.

    Rgds,mode.
 
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Currently unlisted public company.

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