Well ive just done one of my normal stock pick items but some how lost it by bringing the Money am board up twice, drat I hate it when you lose a lote of timely work.

Stream Group looks very promising. Historical P/E of around 25 forward P/e of circa 11 on forecasts. Has an high Beta. Excelent work force in the fore front of 3G. Fidelity as also a stake in the company.

Management could be set to announce a contract or a tie up with a big gaming/gambling company very soon.

Highlights of last results to 30/6/2004

Highlights

Profit before tax up 94% to 0.91m (2003: 0.47m).

Gross margin up 24% to 3.1m (2003: 2.5m).

Significant growth of mobile data services -
exceeding 50% of Group turnover as of today.

Launch of higher margin direct channel model
generating a subscriber base of 300,000.

Outlook for full year to exceed market
expectations.

Full results item on next thread.

DYOR.

cheers GF

Yup going nicely.

cheers GF.

GF

Is this one just starting to get a bit stale?

MS

Yup I think you are right Mickey. Ive got two tranches left I might sell one. Will say though that its getting tougher the whole market over. Theres no longer the value there that existed 2 months ago.

Might be a case now of rolling from momentum stock to real value plays. I think the next few days are crucial especially when the budget is out of the way.

cheers GF.

Any idea's on 'Real Value Plays'.

MS

Im doing a lot of research at the moment Mickey. Theres a lot of dross about.

cheers GF.

Strange to see the sp falling when we are expecting good news in the near future?

With 35m - 40m votes weekly on American Idol, there should be quite a few people chating on streams service...i think this tie up with American Idol could be much bigger than people think...IMHO