Starvest Share Discussion Threads

[rose_by_another_name] 21/12/2020 20:45

There's a trio of posters that have been trying
to shout me down on another forum for over a
year. One of them was imitating my username to
try to get me shut down by ADVFN, but came a
cropper. Now he is having another go.

[rose_by_another_name] 21/12/2020 17:15

I thought ADVFN had shut down all the fake roses.
Looks like they missed one.

edit- today's fake rose posts have gone now.

[tyranosaurus] 21/12/2020 14:09

Discount around 50%

[acwill] 21/12/2020 13:17

sve 7% down
ggp 3% up
Does this means discount increases by another 10%??
Probably not, but it is at a crazy discount to NAV at the moment

[zooman] 21/12/2020 11:52

7.4 percent down could be another buying opportunity?Zoo

[rose_by_another_name] 21/12/2020 11:36

Well that's just wrong.

[tyranosaurus] 18/12/2020 11:03

Just considering buying more and up goes the price.
Can`t complain though.

[zedder] 18/12/2020 09:55

GGP up to 34.75p adds another 1.75p/share, so now 52.0p/share NAV.

[mattboxy] 17/12/2020 18:50

And they could us the 50% cash left to buy the same number of ggp shares back on the market!! Now that's a real mindf@@k!!

[acwill] 17/12/2020 13:06

Thanks for that zedder. To my mind, a realistic discount to NAV would be 20 to 25%. Putting the share price at 37p to 40p, We're some ways off that.

If Roses buyout scenario comes about then I guess we'd be looking at around 50/55p a share. But, yes, very much a one trick pony and it all rides on GGP. But I'm happy with that.

[zedder] 17/12/2020 12:49

AAU at 5.2p and GGP at 33.5p puts us up through 50p/share (actually 50.25p) on the NAV/share front. GGP is 47.7p of that!

Mkt Cap at 26p mid is £14.97m, whereas the value of the portfolio is £28.95m.

[rose_by_another_name] 17/12/2020 08:34

There is some speculation on the GGP forum
that the funds that are now trying to buy
into GGP might make an offer to Starvest
for their holding.

SVE at 24 pence holds 1.4 GGP for each share,
so with GGP at 33 pence that is worth 46 pence
per share of SVE. To buy the lot off them, a
premium would have to be paid, so roughly twice
the price of the SVE shares to get the GGP.

Then SVE are committed to distribute about 50%
of that windfall to shareholders, roughly equal
to the SVE share price, while the SVE shares
would retain the other 50% in cash for further
acquisitions, plus their other assets.

It might be cheaper to take over SVE as a whole,
if that were possible (which would certainly drive
the SVE price higher).

Just my own calculation. Not offered as advice.

[acwill] 17/12/2020 08:27

GGP hitting new highs. SVE got some catch up to do.

[rose_by_another_name] 16/12/2020 07:47

I see the fake rose user name imitator
is posting again, here and in other
forums, some of which I don't visit.

edit- ADVFN seems to have removed the
posts now.

[zedder] 15/12/2020 13:24

Someone just got screwed; 26345 shares sold at 20.1p. Never do At Best trades with this share!

[tyranosaurus] 15/12/2020 10:59

Greatland Gold now 33.2p giving £27.2m value to our 82m shares.
This on its own is virtually twice our market value.
Add in our other bits and discount is now over 50%

[antonagis] 14/12/2020 14:57

Nice upward trajectory

[rose_by_another_name] 11/12/2020 19:23

Alan attacks me everywhere I post. Also zoo
and someone who posts under imitations of my
user name. They have been trying to shout me
down for over a year and are getting nowhere.
Join them if you wish.