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

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!

LONDON (AFX) - Stream Group PLC, a mobile applications and content enabler, said it has bought Pan American Mobile Inc (PAM) for a maximum 4.4 mln usd.

The purchase price, which is deferred, is payable in cash and/or Stream shares, subject to the achievement of profit targets in the three years to March 31 2009, Stream said.
Another great deal by the stream group, wont hang around at these levels forever,
70p target and then onwards to 100p. Note, this is one of its lucrative areas in the UK, the US market is a lot bigger!!

The acquisition of PAM will enable Stream to drive forward its chat and dating business in the US and South America, it added.

Stream's executive chairman Gordon Robson said: 'This acquisition is line with our strategy of expanding our chat and dating business and brings Stream a low risk entry to key markets with high volume potential. We had maintained a watching brief on the US mobile market, and can now see positive signs that its potential will be realised.

Looking mega cheap! 100% upside imo!!

dyor

A lot of dumping today in SEA...may go lower

I wonder why? don't get it

way way oversold, dyor