11-Feb-2020 02:55 PM
Resources company focused investor Starvest swung to a modest annual profit after a rising gold price helped boost the value of some of its portfolio holdings.
Pre-tax profit for the year through September amounted to £0.39m, compared to a loss of
19-Nov-2018 03:03 PM
Investment group Starvest said its annual net asset value per share fell 14%, owing to weakness in the resources sector.
'The majority of our investee companies have seen a small decrease in share price year on year, reflecting the lack of interest
01-Dec-2017 01:19 PM
Starvest has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting.
At 1:19pm: (LON:SVE) Starvest PLC share price was 0p at 3.88p
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01-Nov-2017 01:08 PM
Starvest has confirmed that investee company Ariana Resources reported gross income, for the quarter ended 30 September, of $5m from sales of gold and silver produced at its newly commissioned Kiziltepe operation.
The grade of ore mined matched overall r
08-Aug-2017 01:21 PM
Startvest said it has noted the positive update provided by investee Company Alba Mineral Resources.
Highlights include:
- Significant rise in share price of investee company Alba Mineral Resources PLC;
- Starvest retains its holding of more than 26,00
07-Jun-2017 03:01 PM
Starvest has announced that investee company Kuwait Energy intends to list on the London Srtock Exchange seeking a valuation of $1bn.
The Company added that Kuwait Energy is generating significant revenues from oil and gas production in the Middle East a
01-Mar-2017 07:40 AM
Starvest has swung from a hefty FY loss to pretax profit. Pretax profit was £81,113, from a restated loss of £3.3m.
The comparative period included £3.2m written off against trade investments, versus £382,594 in the just-finished
03-Oct-2016 03:54 PM
Starvest non-executive director Tony Scutt has resigned. Scutt who has been a non-executive director since November 2003. The company said: "We are grateful to Tony for his advice, loyalty and commitment over the years. We wish him well in his fut
10-May-2016 10:38 AM
Starvest has booked an H1 pretax loss of GBP103,754, from a year-ago loss of GBP85,689, in what it described a difficult half-year in the commodities sector.
"This challenging period has impacted our portfolio's net asset value which has fallen
10-Dec-2015 12:10 PM
Starvest has confirmed that all resolutions were duly passed at the Company's Annual General Meeting, held earlier today.
At 12:10pm: (LON:SVE) Starvest PLC share price was 0p at 2.5p
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31-Oct-2014 10:07 AM
Starvest has narrowed its FY pretax loss to £0.36m, from a year-ago loss of £1.0m. Turnover was £0.26m, from nil. Administrative expenses of £0.2m and amounts written of trade investments totalling £0.2m were behind the loss in the just-finished peri
01-Nov-2013 12:18 PM
Starvest's full-year pretax loss was broadly flat at £1.01m, from £1.03m a year earlier. "We have experienced another tough year during which investment values have again declined," Starvest said.
At 12:18pm: (LON:SVE) Starvest PLC
25-Apr-2013 11:18 AM
Starvest said its net asset value has fallen a total of 16% in the Dec. 31, 2012, to April 19, having fallen 18% in the period Sept. 30 to Dec. 31.
The company's net asset value rose 2% in the quarter to end-March, but thereafter the downward fall c
12-Jul-2011 09:26 AM
Starvest plc's investee company Sheba has reached agreement with Centamin Egypt Limited under which Centamin is making a recommended offer for the entire share capital of Sheba.
The offer values Sheba at approximately 6.15 pence per Sheba
11-Apr-2011 03:34 PM
Starvest posts a first half pre-tax profit of £1.8m for the six months to the end of March compared with a loss of £100,276 last time.
Operating income more than doubled to £1.3m - up from £630,605 a year ago.
The company said that at the end of Septem
28-Oct-2010 11:00 AM
Small company new issues and pre-IPO investor Starvest reported a loss of £48k for the year to September, against a 2009 profit of £45k.
Chairman and CEO Bruce Rowan said the company's fortunes had been severely challenged by continuing adverse
30-Oct-2009 11:32 AM
IPO investor Starvest reported a 20% rise in the value of its trading portfolio to £4.7m for the year to September.
NAV per share rose 18% to 10.72p from 9.06p.
Since the year end, the company has raised more than £0.3m from the sale of investments y...