MUL multiemedia limited

strangely quiet about the mul report, page-8

  1. 385 Posts.
    I'd say the report is pretty good. Yes, there's a loss but that was expected. Seriously, if you expected them to make a win, then you must have been dreaming. They are slowly turning the ship around and at least on paper it looks like they're almost there. I for my part am happy enough to see that they did not spend each and every penny for some crazy things like we saw it happening in the dot.com area. They have plenty of cash and if they go ahead with that deal in the US for $3 millions + 125millions of shares, then it's not too bad of a deal either. I'm confident and I'm going to hold my shares for a little bit longer. i can't see a reason why to stock would get hammered with a report like this. It won't go to $5 anytime soon, but that's just fine with me ;-)

    Happy trading
 
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