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Starvest anybody (SVE)     

ellio - 14 Nov 2005 12:12

Used to be Webshareshop and changed it's strategy to mineral investment a while back. Been up and down of late but looks set for growth again, good news flow this am and at last results, could hit 18p imo by xmas, no reason not given it's discount to nav, not it makes a profit and has positive, think it was just over a penny eps.

ellio - 17 Feb 2006 13:38 - 32 of 120

Recently though sve have been reacting to app, its up 25% today, and sve usually goes with it, think it should be up a fair % today, still think 28p is solid value for sve right now, 30p even at a push, it will hit there soon if app can stay above 30p.

APP is a solid buy imo in its own right.

Andy - 17 Feb 2006 14:08 - 33 of 120

ellio,

Re APP, I certainly agree.

ellio - 20 Feb 2006 11:11 - 34 of 120

More investments, diamond sds, if this double to 5p another 400k in the pot, I think sve has gone beyond 40p possibly 44-45, giving massive 40-50% disc to nav still think 28p, possibly 30p short-term, may stick at 35p, who knows but certainly the nav is worthy and very exciting long-term. SVE seem to find one jewel after another, 30p could be a break-out with more news regarding divis etc.

ellio - 27 Feb 2006 14:23 - 35 of 120

This gets more and more undervalued, aff plats consolidated above 30p, other investments doing well, seen addworth?

possibly 50p nav, giving over 50%disc, why why!!

target of 30p min is set for this week, surely

hewittalan6 - 27 Feb 2006 14:24 - 36 of 120

Hope so. I'm as puzzled as you by this one.
Alan

ellio - 03 Mar 2006 10:51 - 37 of 120

Well looks like 28p, which is nice but still undervalued

I think we'll rename sve as Brucy babies!

hewittalan6 - 03 Mar 2006 10:55 - 38 of 120

Prefer a Brucy Bonus. ;-)
Alan

Andy - 03 Mar 2006 10:58 - 39 of 120

hewwittalan6,

We just got two!, Concorde up again, SVE up again!

ellio - 03 Mar 2006 13:52 - 40 of 120

lol, Brucy bonus, higher higher!

Andy - 03 Mar 2006 21:44 - 41 of 120

CPNR nearly doubled today!

ANOTHER Brucey bonus!

ellio - 08 Mar 2006 16:23 - 42 of 120

same old story with sve nothing to justify today's fall(apart from market sentiment)30p is good value!

p-snow - 09 Mar 2006 07:59 - 43 of 120

nothing to worry about in the medium term ellio. As I see it, 'The only way is up' (was that Belinda Carlisle?)

hewittalan6 - 09 Mar 2006 08:03 - 44 of 120

Yazz and the Plastic Population

ellio - 14 Mar 2006 10:13 - 45 of 120

testing 30p!

Andy - 14 Mar 2006 10:14 - 46 of 120

ellio,

Nice RNS!

Andy - 14 Mar 2006 10:15 - 47 of 120

ellio,

Don't forget there is the EGM this afternoon, which MAY provide some momentum!

ellio - 14 Mar 2006 10:16 - 48 of 120

where???

something to do with

By application to the High Court, it is possible to have the share premium
account which stands at 2,026,396 reduced thus creating a situation where the
deficit on the profit and loss account can be eliminated. This will enable the
Board to consider the payment of a dividend rather sooner than would otherwise
be the case. We expect that our Shareholders will welcome this development.

To this end, the Board has called an Extraordinary General Meeting of Members to
be held on Tuesday 14 March 2006.

Andy - 14 Mar 2006 10:40 - 49 of 120

Ellio,

55, Gower Street, London.

near Goodge St, Tube Station.

@ 15:00

ellio - 14 Mar 2006 10:44 - 50 of 120

Andy are you going?

I live up North, but do get into London a bit, could of come today as well, dam, forgot all about the egm and could of arranged an excuse to be in town. I trade through tdw, but never recieve much in way of docs, think it must go into a big black hole.

soul traders - 14 Mar 2006 11:13 - 51 of 120

Never mind the EGM, here's the NAV!!!! (Sorry Andy, Ellio, I realise now that you've already seen it . . . but I think it makes interesting reading.)

RNS Number:7508Z
Starvest PLC
14 March 2006

Starvest plc

Net asset value update at 13 March 2006

The Directors are pleased to report the continuing increase the net asset value
of the Company's portfolio since 31 January 2006. Based on mid-market closing
prices on Monday 13 March, the position was:

*Company net asset value pre tax: 18.8m

*Net asset value per share pre tax: 45.3 per share, fully diluted

*Share price: 26.25 pence

*Share price discount to NAV: 42.05%

*NAV increase since 31 January 2006: 2.3m


Investments

Other than where required by the relevant regulations, it is not the policy of
the Company to disclose the number of shares held in investee companies. However
the Directors have decided to make an exception and advise that following recent
sales of 5.75m ordinary shares in African Platinum plc at prices up to 30.25
pence per share, the Company has recently raised 1.7m and made a gross profit
of 1.64m. The Company continues to have a substantial holding of 10.25m
ordinary shares in African Platinum plc approximating to 2.4% of the shares in
issue.

Since the Interim report issued as at 31 January 2006, Starvest has made a new
investment in Sunrise Diamonds plc, added to its investment in St Helen's
Capital plc and committed to support Greatlands Gold plc, a company with
advanced gold resources in Western Australia and Tasmania, which expects to be
admitted to AIM later this year.


Extraordinary general meeting

The result of the extraordinary general meeting of Members to be held at 3.00 pm
today will be announced later.


R Bruce Rowan
Chairman & Chief Executive
14 March 2006


If I wasn't fully invested I'd be looking to buy . . . .
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