Just thought I would bring this to peoples attention. It's been tipped in various places, not leat shares mag, and could have a lot further to go. It delivers media content and on that point alone media is definately on the resurgence. It makes a profit and recently changed advisor to Peel Hunt. I bought in Sept at the then high of 20p only to see it drop back to 15p. I was solely tempted to add, but instead decided to hold. After the peel hunt announce things have gone from good to better. At one stage last year I understand that the company nearly went prviate due to their dissatisfaction with the share price. All in all 40p seems a sensible target, with deals imminent in Asia!, dyor

It is heading upwards.

sort of sideways, I would say,

Still MAN have increased their holding to 4% from 3% not sure of the implications but could be positive

dont ignore this little jem, major upside with it's poker mobile game!

dont ignore this little jem, major upside with it's poker mobile game!

Trading Update


Stream Group plc, a leading entertainment and information company which
specialises in consumer content and services, is delighted to report strong
performance in both trading and business development during the last three
months and we are therefore confident of meeting expectations for the year ended
31 December 2005.


Whilst our fixed line business continues to be a consistent contributor to the
Group, our focus is increasingly on the opportunities in our mobile business.


The technical integration issues experienced during the first half of 2005 were
fully resolved by September and the company, whilst awaiting the launch of
mobile banking, is now benefiting from the acquisition of MChex in having its
own direct connections to Vodafone, Orange, O2, T-Mobile, Virgin and 3.


Camera Phones Drive Chat and Dating


We are seeing significant growth in our mobile 'chat and dating' business.
Stream has a strong track record in this sector and provides mobile chat
services to various third parties including Vodafone in the UK and Movilisto in
Spain. In addition, Stream has its own direct to consumer chat business. Growth
is being driven by MMS as consumers embrace the photo capabilities which most
mobile phones now offer. People are increasingly taking photos of themselves and
attaching these to chat and dating messages. We see only increasing potential in
this market as phone technology advances with video capabilities.


Mobile Gambling


Following the signing, in October, of our exclusive worldwide partnership with
EGET of Finland, Stream launched mobile poker in conjunction with The Poker
Channel on Sky television. Initial results have been very encouraging and we are
building a strong base of regular players.


We are moving towards offering a full portfolio of mobile gambling products
during the course of 2006. The first new release will be multiplayer Bingo,
which we aim to launch in March.


Growth Strategy


As more mobile phones offer sophisticated capabilities, hugely popular Internet
activities such as dating and gambling will no longer be restricted to when
consumers are sitting by a PC. Stream already has momentum in these key markets
and is well placed to benefit from their growth.


Gordon Robson, Executive Chairman of Stream Group plc said,


'The Company continues to deliver solid earnings from established content areas
whilst building key positions in the content areas that will lead the growth of
'Internet To Go'.'

looking very cheap imo, not sure why pushing to 40p ,results due soon trading update was positive! don't get it, divi was paid at last year end ,highly profitable, well they were! anybody update on trades?

Must be news coming, bit of a shake yesterday then moves back up strongly today, my feeling is results will be announced then strong run past 50p, good support here ie around 40p but who knows could go beyond 80p this time if results impress and new strategy is delivering

and they announce another divi

looking better

start of a run

Major buying opportunity imo.

Facts are that they are a little heavy on a p/e of 18, but this is reducing as the company strengthens it could easily be a forward p/e of 10, for this sector cheap!, in the short term maybe a little expensive but a divi of effectively 2% as well
my target is 60p, thats 50% from here

I hate these games, quite strong results, sold off then bought back!

stream has been tipped by ic today, not sure if thats the kiss of death, however, as a long term follower I don't think this is expensive at these levels, foward eps could infact be 8p, ie -2p fpr first 6 months last year turned around into +2 for 2nd half, the 1st half they were integrating an aquisistion and a disposal, therefore 6-8p seems reasonable, at 40p there seems tob a lot of upside, plus we now have a 2.5% divi, which could be lifted higher, not mega cheap then but 80-100p is my 4-5month target! dyor

note, stream has been at 80p before and seems in alot better shape now!!

note,

somebody must have known ic coverage was coming, hence they've been moved down in anticipation! VERY SUSPICIOUS

anybody know what ic said, just a brief summ.?

tell you what ellio I'll find out!

my thread after all?

ellio,

I don't normally venture from the mining and resource sector, but SEA looks undervalued IMO.


I will check the IC.

Thanks,

went round this am to our local NA, guess what no IC? either everybody's mad keen investors in our town or knowbodys interested, probably the latter!

creeping up !

60p target!!!