Starvest Share Discussion Threads

[big7ime] 19/2/2020 08:42

You did z, sorry, I missed that.

[zedder] 18/2/2020 10:31

I've traded 2 batches Big7ime. Sold 150k on 11th Feb at 6.81p (post 1497), bought back on 12th Feb at 5.6975p. Sold another 150k on 11th Feb at 6.31p (Post 1494), bought back on 17th Feb at 4.995p. The only reason I post my trades is so that people can see that you can sometimes trade within the large spread. Also if the price is moving fast, it provides clarity as larger buys and sells are generally delayed for an hour before they are reported, and they can be made to look the opposite of what they were (ie buy or sell).

[big7ime] 18/2/2020 10:19

Did you forget you already had? zedder12 Feb '20 - 11:46 - 1502 of 1516 0 1 0 I'm tempted to buy back and lock in a 1p/share gain from the batch I sold at 6.81p yesterday. zedder12 Feb '20 - 11:50 - 1503 of 1516 0 1 0 Yep. Bought 150k back at 5.6975p!

[big7ime] 18/2/2020 10:19

Did you forget you already had? zedder12 Feb '20 - 11:46 - 1502 of 1516 0 1 0 I'm tempted to buy back and lock in a 1p/share gain from the batch I sold at 6.81p yesterday. zedder12 Feb '20 - 11:50 - 1503 of 1516 0 1 0 Yep. Bought 150k back at 5.6975p!

[zedder] 17/2/2020 17:28

NAV back up to 8.7p/share (£4.9m total value of the holdings) with the recovery in the GGP price today. Very happy to buy back that 150k given that the mid price did not increase at all today.

[zedder] 17/2/2020 13:31

Got them at 4.995p. That's buying back my sell at 6.31p on 11th February.

[zedder] 17/2/2020 12:56

Let's keep these MMs honest. Ridiculous spread at the moment so I've got a buy in for 150k shares at 5p. Let's see if they nibble!

[richardjohn10] 16/2/2020 19:07

So without the GGP holding they have very little. Hopefully they won't sell any GGP for a while!

[zedder] 16/2/2020 10:45

Adding the caveat that these are best guess holdings figures (except GGP which can be confirmed via GGP website), these are most of the significant holdings (£15k+): 85m GGP worth £3.5m at 4.15p 12m AAU worth £350k at 2.9p 21.87m ORCP worth £153k at 0.7p 1.23m CORA worth £67k at 5.5p 26.5m ALBA worth £29k at 0.11p 1.12m KEFI worth £18k at 1.61p 14.2m SRES worth £17k at 0.12p 50k SO4 worth £16k at 0.32p Cash is approx £40k assuming £20k spend since £60k figure in Final Results to 31/09/2019. I make the total value of the holdings £4.28m which is approx 7.7p/share. Company Mkt Cap is only £2.8m at 5p mid.

[richardjohn10] 16/2/2020 08:41

Zedder what are these worth currently?

[zedder] 15/2/2020 23:00

1.11m KEFI after the 17 to 1 consolidation. 14.18m SRES. Both figures based on quite dated info.

[cowardlylion] 15/2/2020 20:12

Anyone know the size of the KEFI and SRES shareholdings?

[zedder] 15/2/2020 11:04

Latest NAV is 7.7p/share.

[zedder] 13/2/2020 13:56

As I've discovered over the years, SVE is a far smoother ride when GGP is being volatile!

[fiddling12] 12/2/2020 21:08

Expecting a recovery tomorrow. This should be more than 50% higher.

[telbap] 12/2/2020 13:51

Amazing how quick it got dropped yet how slow to catch up.....GGP only 3.5% down on last nights close, yet we are 12.5% off??????

[zedder] 12/2/2020 11:50

Yep. Bought 150k back at 5.6975p!

[zedder] 12/2/2020 11:46

I'm tempted to buy back and lock in a 1p/share gain from the batch I sold at 6.81p yesterday.

[wyken] 12/2/2020 04:22

Zeddar We came good in the end and thanks for your regular NAV updates.

[fiddling12] 11/2/2020 13:32

Still another 50% from here, to get to parity with NAV.

[zedder] 11/2/2020 12:26

I certainly haven't unloaded any more. There's obviously a fair bit of selling going on. We've probably had a few momentum traders dip their toe in and out here!

[zedder] 11/2/2020 10:20

NAV just touched 10p/share with GGP at 5.55p. Even if I get tempted to top-slice a few more here, I certainly won't be going down below 1m shares. GGP is the story here and I can easily see that getting to 10p on a 2-year view.

[zedder] 11/2/2020 09:13

Also sold 150k at 6.81p.