MUL multiemedia limited

re: ......is that a turnaround story or what Agree that the...

  1. 390 Posts.
    re: ......is that a turnaround story or what Agree that the 2005-06 will still show a loss, but should be much reduced. More importanly is the result for the period 1 Jan uary 2006 to 30 June 2006 and the net cash flow position. If they have a profit in last 6 months and positive cashflow this will be positve. no further need to issue shares. as to the number of shares it is now 3.2billion.

    Hope the new involves some media circus to reflect changes.

    The money from the broadband connect will be significant. I dont know why in providing telephony services to the outback they dont use satellites. no need to have copper wires. i would have thought newskies would be a candiate.

    Also the sale of airworks and the application of the monies

    the only problem is that any cash they get is not spandered on fringe projects. If they focus on the satellite stuff then there is a chance. Can a leopard change it spots - i hope so
 
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