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 Shares Traded Last Trade
  +0.00p +0.00% 2.50p 0 08:00:00
Bid Price Offer Price High Price Low Price Open Price
2.30p 2.70p 2.50p 2.50p 2.50p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial -0.32 -0.60 1.3

Starvest (SVE) Latest News

More Starvest News
Starvest Takeover Rumours

Starvest (SVE) Share Charts

1 Year Starvest Chart

1 Year Starvest Chart

1 Month Starvest Chart

1 Month Starvest Chart

Intraday Starvest Chart

Intraday Starvest Chart

Starvest (SVE) Discussions and Chat

Starvest Forums and Chat

Date Time Title Posts
04/12/201807:18Recovery at Starvest?1,344
05/10/201709:32Starvest with Charts & News7
19/11/201008:52STARVEST new name for webshare shop (WSS)3,433
29/5/200716:14Pre-tax profit up 1398%, EPS up 1182%...37
25/10/200213:57Save to be sold in next 10 days for around Ј 50 m.32

Add a New Thread

Starvest (SVE) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Starvest trades in real-time

Starvest (SVE) Top Chat Posts

Starvest Daily Update: Starvest Plc is listed in the General Financial sector of the London Stock Exchange with ticker SVE. The last closing price for Starvest was 2.50p.
Starvest Plc has a 4 week average price of 1.65p and a 12 week average price of 1.65p.
The 1 year high share price is 4.75p while the 1 year low share price is currently 1.65p.
There are currently 53,964,830 shares in issue and the average daily traded volume is 34,026 shares. The market capitalisation of Starvest Plc is £1,349,120.75.
zedder: I don't think they will need £250k for the year as some of the Directors are accepting shares in lieu of cash, see: 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: 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.
mattboxy: RNS ompany - Greatland Gold plc Starvest PLC (LON:SVE), the London Stock Exchange AIM listed specialist mining and resources investment business today confirms it holds 85,000,000 shares in Greatland Gold plc (LON:GGP), representing 2.9% of Greatland 's issued share capital. Callum Baxter, Chairman and Chief Executive of Starvest, is a director of Greatland.Starvest's holding in Greatland Gold plc is worth £1.7m at a share price of approximately 2p and Starvest remains committed to its holding in Greatland Gold plc.
keya5000: 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.
zedder: No idea what the reason has been. I've reduced from a 350k share holding to 200k though with sells of 100k at 4.25p and 50k at 4.00p. From what my spreadsheet says, the current share price is above the value of the portfolio of shares! I already have holdings in AAU and GGP anyway, so may well use the proceeds to top those up.
russman: I am surprised the share price has held up so well. The spread is gigantic.
zedder: £100k uplift in the portfolio value today with the ALBA share price suddenly taking off.
gibrewog: Nordic Energy applied for more Danish North Sea blocks on 13th January .Perhaps this is the reason for the rise in share price as the comments I read suggested that they were optimistic about the potential prospects in these areas.
zedder: Starvest PLC 10 January 2014 Friday 10 January 2014 ("the Company") Net asset value update at 10 January 2014 Further to the Company's announcement of its net asset value as at 31 December 2013 and in fulfilment of the undertaking given to advise the market of significant changes, the Company is pleased to announce that at today's close, the net asset value had increased by 62% since 31 December 2013. A number of investments have contributed to this surge in value, but especially Nordic Energy plc in which the Company has a major stake. 10 January 31 December 30 September 2014 2013 2013 Trading portfolio GBP3.42m GBP1.95m GBP2.52m value Company net asset GBP3.82m GBP2.36m GBP2.73m value Net asset value 10.29 6.35 pence 7.44 pence per share pence Share price - 3.62 pence 3.88 5.62 pence mid pence Share price discount to net asset value 65% 39% 24% Market capitalisation GBP1.35m GBP1.44m GBP2.09m All valuations are based on the closing market bid prices or lower directors' valuation as described in the 2013 annual report. The Company will next update the market as soon as practicable after 31 March 2014, or in the event of a significant change in valuation during the quarter.
hpotter: Two extracts from the 2013 Annual Report that make me wonder: 'Collectively, the Board has a wealth of experience over many years of investing in small company new issues and pre-IPO opportunities in the natural resources and mineral exploration sectors'. 'Of the 25 to 30 investments held at any one time, it is expected that no more than five will prove to be 'winners'; from half of the remainder we may expect to see modest share price improvements'.
topinfo: DJ Starvest plc Half-yearly report TIDMSVE 11 April 2011 Half-year report - six months ended 31 March 2011 Chairman's statement I am pleased to provide a portfolio valuation update as at 31 March 2011, the interim financial statements for the six months ended on 31 March 2011 and a commentary on the excellent progress made during the period. Investment performance At 30 September 2010, there were signs that dampening impact of world economic events was lifting and that the performance of the Starvest portfolio was improving after two years of stagnation. Those initial signs have proved to be a foretaste of an excellent half year. The key facts are as follows: * Company net asset value has increased by ÂGBP5.9m or 141%; * Starvest's mid share price has risen by 77% from 7.75 pence on 30 September 2010 to 13.75 pence on 31 March 2011; * Closing net asset value of 26.16 pence per share up 131% from 11.28 pence; * Mid share price on 31 March 2011 had a discount to net asset value of 47%; * Investment sales have realised ÂGBP1.3m with a gross profit of ÂGBP1.09m; and * The bank overdraft has been eliminated. Basis of valuation Starvest uses closing bid prices, or the Directors' lower valuation if deemed appropriate. In addition, a 10% discount is made against those investments where the Company holds either a large percentage of a given investee or where the investment constitutes 7% or more of the portfolio. These valuation discounts totalled ÂGBP1.08m at 31 March 2011, or 2.66 pence per share. Adjusting for this discount, the full value based on bid prices was 28.82 pence per share leading to a share price discount of 52%. Given the current stock market trading volume in some investee companies, it is arguable that mid price rather than bid price would be appropriate. Had the Company adopted such a policy with all options exercised, the value per share would increase by a further ÂGBP1.64m or 3.61 pence to 32.43 pence per share with a share price discount of 57%. Company statistics 31 March 30 September 2010 31 March 30 September 2011 2010 2009 Trading portfolio ÂGBP10.03m ÂGBP4.57m ÂGBP3.53m ÂGBP4.72m value Company asset value ÂGBP10.10m ÂGBP4.19m ÂGBP3.19m ÂGBP4.02m net of debt Net asset value - 26.16 pence 11.28 pence 8.85 pence 10.72 pence fully diluted per share Share price - mid 13.75 pence 7.75 pence 5.75 pence 11.75 pence Share price discount 47% Premium 31.3% 35% Premium 9% to fully diluted net asset value Market capitalisation ÂGBP5.05m ÂGBP2.84m ÂGBP2.01m ÂGBP4.1m Portfolio comment During the half year, Starvest sold at profit: its remaining holding in Franconia Minerals Corporation, the subject of a takeover; and a part of its interest in Beowulf Mining plc. On sales of ÂGBP1,324,020, the gross profit was ÂGBP1,089,779. During the half year, there has been increased investor interest in mineral exploration ventures, particularly where they have demonstrated progress in their search for and development of their projects leading to much improved valuations. Against this background, previous valuation impairments totalling ÂGBP848,498 have been reversed; new impairments total ÂGBP35,198. Taking these factors into consideration resulted in an operating profit before expenses of ÂGBP1,903,079. During the period, Starvest added to its investment in Ariana Resources plc. As a consequence of improved valuations, Starvest's largest investments, comprising 85% of the declared valuation, in order of size were: * Oracle Coalfields plc * Regency Mines plc * Kefi Minerals plc * Beowulf Mining plc * Red Rock Resources plc * Ariana Resources plc * Sheba Exploration (UK) plc * Greatland Gold plc * Sunrise Resources plc A year ago we stated that "within the investment portfolio, we have eight investments, each of which has the potential to transform the Starvest portfolio. We must be patient!" Our patience is being rewarded, and we continue to believe that there is considerable growth potential in Starvest's investment portfolio. Other points of note during the half year: * The profit on ordinary activities before taxation for the period amounted to ÂGBP1,812,920 (2010 loss ÂGBP100,276). * After a corporation tax provision of ÂGBP490,000, the net profit is reduced to ÂGBP1,322,920 (2010: loss ÂGBP100,276). * Basic profit of 3.6 pence per share (2010: loss of 0.29 pence per share); fully diluted profit of 3.3 pence per share (2010: loss 0.25 pence per share). Resumption of dividend payments In the context of the greatly improved results coupled with the outlook for the future, the Board has resolved to resume dividend distributions commencing with an interim dividend amounting to 0.25 pence per share for which the record date will be 27 May 2011 and the payment date 15 June 2011. The matter will be kept under review, but at the 2011 annual general meeting the Board expects to recommend to Shareholders that a final dividend of a like amount be paid during January 2012. The Board hopes to be able to recommend further dividends to shareholders in future years. In early July, the Company expects to announce an update to the net asset value as at 30 June 2011. R Bruce Rowan Chairman & Chief Executive 11 April 2011 Profit & loss account
Starvest share price data is direct from the London Stock Exchange
Your Recent History
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.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20181212 09:30:51