Starvest Share Chat (SVE)

Find Your Broker

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Starvest Plc	LSE:SVE	London	Ordinary Share	GB0009619817	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	+0.00p	+0.00%	2.40p	2.30p	2.50p	2.40p	2.25p	2.25p	20,000	08:00:09

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
General Financial	0.0	-0.3	-0.6	-	1.30

Starvest Share Discussion Threads

Showing 4951 to 4973 of 4975 messages

Chat Pages: 199 198 197 196 195 194 193 192 191 190 189 188 Older

Date	Subject	Author	Discuss
04/12/2018 07:18	Some more great drill results from GGP today. You can effectively buy GGP cheaper by buying via SVE.	zedder	Read Full Thread Reply
30/11/2018 19:12	I don't think they will need £250k for the year as some of the Directors are accepting shares in lieu of cash, see: https://uk.advfn.com/stock-market/london/starvest-SVE/share-news/Starvest-PLC-Issue-of-Equity-TVR-and-Directors-Ho/78118536 The current cash was generated when they sold 50m GGP shares into the market (generating approx £340k) and then executed 50m GGP warrants at 0.2p, ie they replaced them for only £100k, see: https://uk.advfn.com/stock-market/london/starvest-SVE/share-news/Starvest-PLC-Warrant-Exercise-Greatland-Gold-PLC/75100694 With GGP now at 1.72p to sell, and there having been lots of volume over the last couple of weeks, they could easily top-slice on that holding to raise cash. The 85m share GGP holding is worth £1.462m yet the market cap is only £1.35m.	zedder	Read Full Thread Reply
29/11/2018 23:04	Aren't they very tight on cash? 153k sep 18 and burning 250k pa	bean02	Read Full Thread Reply
29/11/2018 15:32	Followed by 60k at 2.65p. Now holding 1.6m or 2.96%. My average for those is 2.897p.	zedder	Read Full Thread Reply
29/11/2018 15:19	Sold my last 250k GGP, so just had another 100k at 2.6p.	zedder	Read Full Thread Reply
29/11/2018 13:37	Another 40k at 2.5p thanks probably to whoever sold some yesterday. Now have 1.44m. With GGP at 1.72p, NAV is approx 3.75p.	zedder	Read Full Thread Reply
23/11/2018 09:02	Sold another 250k GGP at 1.84p. 3 x 50k here at 2.5, 2.64 and 2.7p.	zedder	Read Full Thread Reply
22/11/2018 20:41	GGP holding now worth £1.479m alone (at 1.74p). Current Mkt Cap is only £1.27m. NAV of the portfolio is approx 3.8p!	zedder	Read Full Thread Reply
22/11/2018 14:30	Finally somebody else having a nibble at this bargain price. GGP showing some more strength today.	zedder	Read Full Thread Reply
21/11/2018 09:34	In fact did get both 50k chunks before the rise. That was obviously what caused it.	zedder	Read Full Thread Reply
21/11/2018 09:33	Managed 50k at 2.3p but wanted 100k. The price has popped again though!	zedder	Read Full Thread Reply
21/11/2018 08:20	Another 250k GGP just sold at 1.77p.	zedder	Read Full Thread Reply
20/11/2018 15:40	A quick recap to get straight in my mind whether my trades of the last few days have been worthwhile. 19th Nov – sold 300k GGP for 1.26p (proceeds £3774) 20th Nov – sold 200k GGP for 1.43p (proceeds £2854) 19th Nov – bought 150k SVE for 1.8p (cost £2706) 20th Nov – bought 100k SVE for 2.0p (cost £2006) 20th Nov – bought 100k SVE for 1.99p (cost £1996) SVE own 85m GGP shares. I double-checked here: hxxps://greatlandgold.com/company/ There are 53,964,829 SVE shares in issue. So 350k SVE shares effectively gives rise to ownership of 551285 GGP shares. So I’ve increased my GGP holding by 50k+ shares at nil cost. Plus I also (via the SVE portfolio) via 350k SVE shares, own 77830 AAU shares (I already own 600k), 181600 ALBA shares, 141825 ORCP shares and £973 in cash (£150k in cash confirmed in recent RNS). So yes, a great bit of arbitrage!	zedder	Read Full Thread Reply
20/11/2018 14:07	Looks like it's finally starting to move. Long way to go to catch up with the NAV of the portfolio! #15 on today's Top Mover list.	zedder	Read Full Thread Reply
20/11/2018 13:56	Got them at 1.99p.	zedder	Read Full Thread Reply
20/11/2018 13:54	Trying for another 100k at 2p. They don't seem too keen to give them away!	zedder	Read Full Thread Reply
20/11/2018 10:34	This is nuts. With GGP at 1.7p Starvest NAV is approx 3.7p!	zedder	Read Full Thread Reply
20/11/2018 08:34	Sold another 200k GGP this morning at 1.43p and took another 100k SVE at 2p.	zedder	Read Full Thread Reply
19/11/2018 14:01	When they do the NAV update they generally apply a discount for any of their holdings in illiquid shares. Take GGP which I view as the prize asset. Volume so far today has been 160m shares. If SVE decided to they could probably offload all of their 85m at 1.1p or more. I view it as highly significant they haven't done so. As I've said before, Callum Baxter is the common thread between GPP (CTO) and SVE (Chairman/CEO).	zedder	Read Full Thread Reply
19/11/2018 13:35	Yes, I agree. GGP is the big position and if that can take off then the expenses can be an ever smaller % of the assets. But it still seems to me that it's in SVE shareholders' interests to wind up the company and distribute the deeply discounted holdings. Although that does bring the complication that usually things have to get sold first which puts pressure on the SP's. So perhaps not ideal.	gb904150	Read Full Thread Reply
19/11/2018 12:27	Looking at the Annual Report, £128.5k was director emoluments. I assume that is salary and any pension provision - so they don't come cheap do they! I assume the rest is to run an office and whatever it costs to have the company listed. I've said consistently that any end game with GGP (a likely takeover) will hopefully be at 3p+. If that is correct, whatever the forward looking admin expenses are, hopefully it will be insignificant.	zedder	Read Full Thread Reply
19/11/2018 12:13	Hi zedder, I realise that SVE trades significantly below NAV but isn't that because they also have administrative expenses of their own? For YE 2017 they were £275k. Then when they run out of cash they either issue new shares (dilution) or do as they did in last RNS and pay themselves in shares in lieu of fees. Payment in shares shows they have some confidence in their value at least but with SVE having a sub £1m mcap how can they afford to have any such costs of its own? Or if I've misunderstood things, could you please enlighten me?	gb904150	Read Full Thread Reply
19/11/2018 11:56	Didn't give it as much of a kick as I hoped. I sold 300k GGP shares at 1.26p (realised £3774). Based on the number of SVE shares in issue and their holding of 85m GGP, the 150k SVE buy (cost £2706) is the equivalent of buying 236265 GGP shares back. Plus you effectively get £416.94 in cash (£150k assumed from NAV statement at end of June), 333555 AAU shares (based on assumed 12m holding), 77828 ALBA shares (based on assumed 28m holding) and 60782 ORCP shares (based on assumed 21.8m holding). So just those bits are a value of approx £4600, plus there are a few smaller investments as well.	zedder	Read Full Thread Reply

Chat Pages: 199 198 197 196 195 194 193 192 191 190 189 188 Older

Your Recent History

LSE

SVE

Starvest

Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.