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.

Starvest investments powering ahead, this should be 35p+ imo, hang on in there guys 40p+ beckons within 3-6 months, and depending on cde who knows where we go!

Starvest alert, all investments steady or rising, cde about to float on aim and I think this is a shake before a major move into 30's, great buying opportunity, if CDE takes off further SVE could be in-line for major re-rating imo.

50p if CDE delivers

ellio,

Well certainly watching SVE at the moment, as you rightly say SVE's heavy CDE holding is in the spotlight, and AIM floatation for CDE due mid May.

If CDE hits 20p, I expect to see Starvest in the 30 - 35p range.

Andy,

CDE looks more and more attractive by the day, there is some real potential here!!!!

I've decided to get in, only small amount initially, a few k, before aim listing. No doubt your small investment is now a serious investment, are you thinking of off-loading a few before aim list or seeing it through?

ellio,

No I intend to hold CDE, for the longer term.

Management quality is paramount, and I believe CDE have it, so I will be holding on for the long term potential, and if all goes well, the maximum BATR.

I intend holding my Starvest for the same reasons too!

Excellent!

Andy, have you nay comments on management potential of EO. Encore Oil? I wonder whether its too late to be in either CDE or SVE?

jmeel06,

Sorry I have never looked at Encore.

With regards to CDE and SVE, I hold both for the long term, and yes I believe they will both grow shareholder value.

SVE relies on Bruce Rowan's stock picking abilities, and he's doing pretty well at the moment, he has grown SVE from a 1.4 million market cap in quite a short space of time, and there's no reason to think he won't be able to continue doing the same, IMO.

Concorde intend to grow quickly by aquisition, and exploration later on, so as long as the management deliver, I think we will see a higher shareprice over time.




edit,

Just had a quick look at the Encore website, and the management certainly look experienced enough, and they raised 6 million from "family and friends", not a mean feat!

The price has risen substantially recently, so It's probably taking a breather awaiting further news.

I note they are in the Wessex basin, does anyone know where exactly?

andy, they plan to drill on the golden eagle site at north sea in Q3. The block adjacent to Golden Eagle rencently found oil so prospects look promising. They are the same boys as those who discovered the buzzard field!

LONDON (AFX) - Starvest PLC said it has decided to change the accounting
reference date from July 31 to September 30 for the coming year end and
following years.

The company said it is doing this so it can present a clean balance sheet at
the next accounting year end and then more easily attain a position in which
either the company can pay a maiden dividend or engage in a programme of share
buy-backs, which the company received members' approval for at the last Annual
General Meeting on Oct 11.

The company also said the process to reduce its share premium account to
eliminate the deficiency standing on the profit and loss account is in hand but
it is unlikely to be concluded immediately.

Recent RNS update:

Starvest PLC - Net asset value update
RNS Number:0559H
Starvest PLC
01 August 2006


RNS Announcement: Tuesday 1 August 2006


Net asset value update at 31 July 2006

The Directors are pleased to report the net asset value of the Company's
portfolio at 31 July 2006. Based on mid-market closing prices, the position
was:

* Company net asset value pre tax: 13.4m
* Net asset value per share pre tax: 32.76 per share, fully diluted
* Share price: 17.25 pence
* Share price discount to NAV: 47%
* NAV increase since 31 July 2005: 6.9m or 106%


In common with the small-cap natural resources market in which Starvest is
largely invested, the portfolio value has declined during the past three months
from 17.7m at 28 April 2006. However, the Board remains content with the
investments made and confident of a recovery as these companies execute their
exploration plans.

Since the Chairman's May 2006 update was issued, Starvest has completed its
investment in Greatland Gold plc which was admitted to AIM on 3 July, increased
its investment in Addworth plc and committed to support KEFFI Minerals plc which
expects to be admitted to AIM by the end of 2006.

Change of accounting reference date

As announced on 14 July 2006, the Board has decided to change the accounting
reference date from 31 July to 30 September for the coming year end and
following years.

The immediate purpose is to facilitate the presentation of a clean balance sheet
at the next accounting year end and so more easily attain a position in which
either the Company can pay a maiden dividend or engage in a programme of share
buy-backs for which the Members' approval was sought and granted at the last
Annual General Meeting on 11 October 2005.

Consequential changes

Following the change in accounting date, the Board's current expected timetable
is:


* 2 October 2006: Net asset value update at 30 September 2006

* End October 2006: Announcement of results for the 14 months to 30
September 2006

* Mid November 2006: Publication of Directors' report and issue of AGM notice

* Mid December 2006: Net asset value update and Annual General Meeting

* 3 January 2007: Chairman's quarterly update as at 31 December 2006


Enquiries to: John Watkins, telephone 01483 771992, or to john@starvest.co.uk

END

This stock may be down on its spring valuation, but the good news is i.) that it looks cheap compared with NAV (see previous post) and; ii.) that the rceent trading in this stock has it on a trendline that began in the middle of last year, reinforcing the idea that growth should be sustainable from the current SP.

Please don't take my word for it but DYOR and charting. Any views from the regulars?

SShhhh.
I have good hopes for this one and I'm trying to keep it quiet.
If I post anything positive it will crash and burn.
Alan

In that case maybe you should recommend it for my joke "dog stock portfolio", along with SYNC and SEO !! :o)

Seriously, I think Brucie's stockpicking should be able to survive even the Hewitt effect, Al.

all,

No CDE news so far, and yesterday was the final day of their extended time to raise the finance, so maybe they did not close their book, and the Pechora deal fell through?

I hope not, as this would be negative for SVE, in the short term at least, as CDE constitutes SVE's largest holding by value.

Soul traders,

well the BID for CDE is now 2p!

They will have to reduce the NAV of SVE by around 1,700,000 at this price.

Bad day for Bruce, by the sound of it. not his fault though!

I'd kinda given up hope on this one but.....................what has lit a fire today?
Anyone??
Alan

Well, it ain't BLR!!

Fire? Raging inferno.....................