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.

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.....................

Nice interims for any of us still in these.

Has anybody has noticed the share price rising for the last couple days, with a BREAKOUT on the last Half an hour of trading last Friday.

SVE buying its own shares at the moment, and while the SP is historically high.

Up almost 10% today, so somebody else must have noticed.................... ;-)

Still cheap as chips??

The net asset value based on mid-market closing prices on Friday 29 June 2007
was 19.2m, which equates to 47.4 pence per share, an increase of 9.7 pence per
share since 31 March. All values are calculated on a fully diluted pre tax
basis, except that a full tax provision has been made on realised trading
profits.

Surely a rsie to 40p is not out of the question?

Regency/hambledon both on the rise again, this is knocking on 50p nav, so 40p should be on the cards, plus share buy backs and divi's, what more do you want?

RNS Today.
Company buying its own shares.
Rarely a bad sign!!

Greatland Gold, 22Million shares as of 2008, not sure if they bough more, but doing well for them. Red Rock, Kefi, Regency Mines plus numerous other all starting tobounce back with new funding and exploration finds. Could be rock bottom prices and SVE might well recover into the 30@s again.

Keep an I on this, they have a bucketful of recovering miners, not going to 40p but 15p looks possible short-term, results coming up and NAV should be creeping back to 20p, Beowulf, Kefi, Regency, RedRock, Greatland G etc are all coming back with a bit of a bang.