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
  0.20 7.27% 2.95 2.70 3.20 2.95 2.75 2.75 393,558 15:03:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -0.3 -0.6 - 2

Starvest Share Discussion Threads

Showing 4776 to 4800 of 5075 messages
Chat Pages: 203  202  201  200  199  198  197  196  195  194  193  192  Older
DateSubjectAuthorDiscuss
07/6/2017
14:15
GGP holding is worth ~£900k now
alexios1201
07/6/2017
12:10
One thing to remember is that SVE have 50m warrants in GGP at 0.2p. GGP has been flying over the last couple of weeks. Currently 0.60p/0.62p.
zedder
07/6/2017
11:06
MMs really having a laugh here...dropped it to 3p to sell...sold at one point today at 6.5p - now marketmakers or...
casano
07/6/2017
10:44
Will be trading 10p plus here very soon
toolsmoker
07/6/2017
09:46
It would have been helpful it they had confirmed their current % interest.
snape
07/6/2017
09:43
June 2017Starvest Plc ("Starvest" or "the Company")Investee Company Kuwait Energy Announces Intention to List on LSEStarvest PLC (LON:SVE), the London Stock Exchange AIM listed specialist mining and resources investment business, is pleased to provide an update on its investee company Kuwait Energy PLC which earlier this month announced its intention to seek a listing on the London Stock Exchange (LSE).Highlights-- Investee company Kuwait Energy PLC ("Kuwait Energy") announces intention to list on LSE seeking a valuation of US$1 billion-- Kuwait Energy generating significant revenues from oil and gas production in the Middle East and North Africa regions; -- Outstanding growth in oil and gas reserves with significant upside for additional resources Callum Baxter, Chairman and CEO commented: "We have followed the development of Kuwait Energy for several years and it is very pleasing to see the significant oil and gas discoveries and the company pushing into production to the point where they are now generating substantial annual revenue. Plus there is greater potential with the development of additional reserves from large assets. Starvest notes the intention of Kuwait Energy to seek a premium listing on the London Stock Exchange and we are closely following the progress of the IPO."Kuwait Energy PLCKuwait Energy was established in 2005 and has built a portfolio of oil and gas focussed assets in the Middle East and North Africa regions. Starvest originally held a major founding stake in Concord Oil and Gas PLC which was subsequently acquired by Kuwait Energy. Starvest has retained its shareholding in Kuwait Energy since that time.Kuwait Energy has spent recent years developing its asset base and, pleasingly, has made significant discoveries with several assets being successfully brought into production. It has 10 assets across four countries in a majority operated asset portfolio. As at 31 December 2016 its reserves were in excess of 800 million barrels oil (equivalent) and 2016 production averaged approximately 24,000 barrels of oil (equivalent) per day. For the year to 31 December 2016 Kuwait energy had revenues from operations of over US$125 million and over US$155 million for the year to 31 Dec 2015.The company is operating in proven prolific hydrocarbon producing basins and has good local relationships and track record of operations. It works under a UK corporate governance code with established Corporate Social Responsibility and Occupations Health and Safety programmes. Kuwait energy has a stable management team with a long history of operating and investing in its targeted regions.Since 2010 Kuwait Energy's oil and gas reserves have seen outstanding growth from 20 million to over 800 million barrels (equivalent) through acquisition and exploration success. There are significant growth opportunities in the two assets of Block 9 and Siba, both in Iraq, which could potentially total over 1 billion barrels (equivalent) in reserves with two wells already in production.Kuwait Energy has sought a listing on a recognised exchange for several years. An earlier attempt was abandoned in late 2014 following a significant decline in the oil price. However, in early May 2017 Kuwait Energy announced its intention to list on the LSE and is targeting a valuation of approximately US$1 billion (GBP750 million). It is reported that the company will apply for admission in June. Following IPO, Starvest expects to see multiple times its initial investment in Kuwait Energy if the listing occurs at the suggested valuation of US$1 billion. Starvest has been a long term holder of its shares in Kuwait Energy and continues to monitor the admission progress.To diversify its sector exposure Starvest is also looking to take a direct stake in projects and is currently evaluating opportunities in several commodities such as gold, copper and cobalt. We will update the market as acquisitions are completed.Starvest is a specialist mining and resource investment company and has the industry knowledge and market exposure to select compelling opportunities early in the investment cycle.
alexios1201
07/6/2017
09:37
Http://www.investegate.co.uk/starvest-plc--sve-/rns/investee-company-kuwait-energy-intention-to-list/201706071009464063H/
lr2
04/6/2017
15:59
Are you in now keya?I'm sure someone whispered you something nice otherwise why bother spending time here?Investment at Project level will rock the Starvest boat...MTR did very well taking the investment at Project level.Did nearly 600% in under 12monthsSame strategy hereThere was a nice chunk available last Friday for around 3.4pShares are held tightMy £25k are locked for minimum 6months until SVE values are realisedOthers holding tight as well with pilot positionsGood Fortunes hereIgnore the NAVDifferent things are driving the spNAV is just a side show
alexios1201
03/6/2017
08:54
Gold firming could have a very positive effect on the likes of GGP.
keya5000
03/6/2017
08:54
So what drivers are there here? NAV @ end March 2.84p. GGP stake likely increased by value £140k since that date. If KEC floats say another £200k NAV increase. So £340,000 NAV increase. Around £1.7m NAV. That is a decent performance in a short space of time and likely will support the share price at around these levels. I do think the the main driver could be GGP, that must be the largest holding by some way and any dramatic movement in that +/- will drive NAV. But when weighted in that manner you think why not just buy GGP? Tricky one but for people who want resource stock expposure but perhaps someone else to manage it for them a holding here could make sense.
keya5000
03/6/2017
08:41
Russman, SVe had c57m CDEP shares that converted into KEC @ a rate of 100,000/514 CDEP/KEC That gives them a holding of c110,894 now in KEC. They have this figure booked on their NAV at around $1 per share due to a local broker in Kuwait offering a matched bargain service for KEC at present. However they expect a 3-4 X increase on that figure if KEC float at c$1b which would be a nice uplift of around 10-15% on the SVE NAV for something that has wither been boooked at zero and recently c$100k. However there are rumours that the IPO may again be delayed; https://www.ft.com/content/1dbc16f4-4777-11e7-8d27-59b4dd6296b8
keya5000
02/6/2017
20:46
Kuwait Energy is a £1b IPO not £41b 55m shares - your kidding!!!!!!!!!!!!!!...absolute rubbish.....where are your calculations & please post the web link to prove this then I will believe it.....otherwise a very poor ramp
euclid5
30/5/2017
21:17
Building nicely, next step 5p
letmepass
30/5/2017
13:28
I am calc 55m cde.Need to check why I am out 3×.
russman
30/5/2017
12:26
A breakout above 5p is imminent. Great news from our GGP investment today and the £400k investment we had in Concorde is now going to be back in play via Kuwait Energy IPO listing at 41B valuation in June,
colin12345678
30/5/2017
12:26
are you sure ??
colin12345678
30/5/2017
12:23
Thanks for the info Keya.....never excited me this co & seems they have only a small stake in KEC
euclid5
30/5/2017
12:08
$1.5m = approx £1,165,950 divided by 53m shares = 2p
euclid5
30/5/2017
12:05
Bid slowly rising and volume
letmepass
30/5/2017
11:25
Russman, no how do you get that? They have c100k shares in KEC. KEC will have around a 1bn mcap and have around 400m issued shares. That is about $2.50 per share on IPO. So $200-£300k would be accurate. Nice for a holding that was likley written off to zero.
keya5000
30/5/2017
11:21
Using your info the Kuwait holding is worth circa $1.5m usd.
russman
30/5/2017
09:38
Starting to move again... News on many fronts
letmepass
30/5/2017
08:59
https://www.voxmarkets.co.uk/rns/announcement/25995927/?source=twitter
colin12345678
29/5/2017
20:46
Here is the quoteAgainst this background, we continue to value our portfolio of investments conservatively at the lower of cost or bid price or lower directors' valuation, where we believe those facts of which we are aware cast doubt on the market prices or where the Company's interest is of such a size as to inhibit selling into a depressed market. With one exception, we attribute no value to those of our investments that do not enjoy a market quote. The exception is our holding in Kuwait Energy plc where we use a value provided by that company's broker based on actual trades in the company's stock.
mattboxy
29/5/2017
19:54
In the latest yearly figures and NAV Calculations SVE state the Kuwait energy holding is valued on the advice of local brokers at prices that shares have changed hands at so I just can't see such a huge discrepancy in valuations. I have written to SVE to ask the size of holding and intentions on IPO. I hope there might be something in this but cannot see such a multiple being the outcome
mattboxy
Chat Pages: 203  202  201  200  199  198  197  196  195  194  193  192  Older
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