Good morning traders!

In Asia today, the Hang Seng closed the morning up 92.05 points at 20,120.00, while the Nikkei reached the midpoint 124.34 points lower at 17,078.12.

New York Mercantile Exchange's main oil contract, light sweet crude for delivery in February, was at $51.43 a barrel, 22 cents higher than its level of $51.21 a barrel in late trading in the US overnight.

Happy trading!

G.

Morning all.

SVE

Moving higher after the news
The RNS was at 10.30am Purchase of 500K @ 17p yesterday ...................

Purchase of own shares

Starvest plc (the "Company") announces that on 16 January 2007, the Company
purchased through its broker, Simple CFDs, 500,000 Ordinary shares of 1p each in
the issued share capital of the Company at a price of 17 pence per Ordinary
share. These Ordinary shares are to be held as treasury stock.

Following the above purchase, the Company holds 500,000 Ordinary shares in
treasury and the total issued share capital of the Company less treasury shares
is 36,717,259 Ordinary shares.

This purchase was made pursuant to the authority granted by Shareholders at the
Company's annual general meeting held on 12 December 2006. To date, 500,000
Ordinary shares have been purchased under this authority.

One for the "UPS" (Added by Master RSI on Wed 17 Jan 10:36 am)

SVE - Mid 17.25p
Reason - Company just announced that has started buying its one shares with 500K at 17p. their portfolio of mines shares are moving higher as minerals are also do the same

Midday Market Roundup

SCR 9 / 9.50p +0.75p
The posible double bottom

Buys are posible online at 9.25p and if one tries harder 9.20p

sells at 9.13p, so the spread is really narrow

From lunch time selection "UPS"

Wed 17 HYR 24.875p
Reason - bouncing from lows and what could be a YEAR double bottom, has received planning consent from regulators to establish its first US plant in Canton, US for Superfine transformer oil, has experience with them on Australia

E nd-of-day Market Roundup

        JOKE OF THE DAY

A man walks into a bar and orders a drink.
He notices two pieces of meat stuck on the ceiling,
and asks the barman why they are there.

The barman replies "Well if you can jump up
and pull them down by your teeth,
everyone in the bar will buy you a drink".

The man replies "so what happens
if I try and cant do it?"

to which the barman replies
"well you will have to buy everyone in the bar a drink"

The man thinks about this for a short while and replies
"Nah. The steaks are two high"