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 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