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

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!!!

forward p/e of 6-8p imo for 2006, if interims deliver(agreed way off) 3p+ we could well be moving towards 8p for the year, 15x8p= well a lot more than 40p, chance to increase maintain divi at 2.5%. It has nice ingredients.

somebodys got a downer on these or is it they are shaking out last weeks buyers looking for a quick return! either way seem unloved at the mo and I don't understand why, which is annoying and expensive, to say the least

just to reiterate this great buying opp (imo!)

In a like for like comparison with 2004, i.e. without the additional costs of
operating MChex, profit before tax in 2005 would have been 2.6m (2004: 1.9m)
showing underlying growth of 32%. This performance, which is substantially UK
based, is a very strong result in a highly competitive market

I have the eps for 2005 at 4p, 32% growth(excluding the phone-banking and any world-wide growth, note mostly UK based(and have moved into overseas markets))

gives eps of 5-6p for 2006, ie 8x eps for a growth stock, sea has 60p written all over it, ie 50% short-term upside, take a look dyor!

the ic has said everything that I have above for those interested, rated it a buy and pointed to the mobile phone banking and gaming opportunities, also stated that its core business's running well and has its own 3g expertise in-house.

Probably gathered by now I rate these highly and expect 60p sooner rather than later! what we need is juicy announcement, gaming ahead of expec or hsbc/barcs tie-up on banking and we''ll be set for lift off, fundamentals on base business are sound(2% divi from a tech stock!) rated at less then 10x lol.

alot better, 50p major resist!

alot better, 50p major resist!