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

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

dont know the game here, but don't understand why sea are at these levels, can only believe some kind of big seller out there, anyway hopefully fully recover from here.

Maybe that now sea are paying a divi some large institutions wanted some large chunks for future. Be interesting to see in next few days if a major holding is announced.

Everything is ship-shape and firing on all fronts, seriously this is a great play, medium-long, it could all come off big style and eps could be 8-10p within 18 months, that's potentially 160-200p for stream within 18months, great great potential

Hopefully double bottom with recovery established at around 43p, can't see any reason for this to hold back, how much good news do people need. Stream has delivered constantly over the last few years, major manipulation imo.

looking better

I think 2 is pretty rampy imo however doubling would be rather pleasant.

Yep,

Got ato admit got ahead of myself, and dipped out above 30p thank god, but reality check and these have to be absolute bargain basement now, but who knows, I'm tempted to dip my toe in again though tomorrow!

Highest volume ever in this stock today, with a late trade going through at 16p, a hefty premium at the time.

Some news looks likely soooon...

Following confirmation of interim profits and plenty cash it looks like our buyer has returned.

+ the co. hasn't even started buying its stock back yet..

Next leg up before another mobile atm deal comes along.

I have bought in at 20p level, these are bargain basement imo.

Complete change of direction, but some serious people moving in, see below!

Stream Group to move into interactive gaming in UK; CEO, chairman to step down
AFX


LONDON (AFX) - Stream Group PLC said its plans to move its focus away from its current services to focus on interactive gaming and gambling under a UK gaming licence.

The group, which currently operates fixed-line psychic services, mobile banking, and mobile gaming, said the change of direction followed an approach by Martin Higginson, former chief executive and founder of Monstermob Group PLC. Chairman and CEO Gordon Robson and managing director Michael Spencer plan to step down and the company proposes making Higginson chairman and CEO.

The company said it agreed to sell Stream Live Services Ltd, its psychic services business, to SLS (Holdings) Ltd, a company managed by Robson and Spencer, for between 2-3 mln stg.

As part of the revised strategy, the company said it agreed to buy Vegas247 Ltd and Vegas247 Broadcasting Ltd, companies operating an interactive gaming television channel on satellite and cable TV, for as much as 1.2 mln stg in cash and 7.25 mln in shares.

Stream Group plans to change its name to NetPlay TV PLC as a result of the change of focus.



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I think this is a good move, we shall see. Getting Higginson in with his experence can't be bad.

MS