Polo Resources Share Discussion Threads

[airdrie] 15/1/2017 18:09

Roomb. You say you did very well out of the divided. Then when the sector and share price tanked you added when the share price was "cheaper". Thus if your average is 3.5p as you say you must have a decent sized holding, all relative of course. My point is if you have a decent sized holding and your average is 3.5p then you are in profit by quite a bit. If fact your profit on the share price alone is heading towards 100%. Now even someone as negative as you can't argue with a profit like that considering how bad the sector was but is now recovering so your profit is going increase much further.
But of course you are "just trying to add some realism".
We can all see through you.
Out of interest please prove me wrong by indicating when your last positive or accurate factual post was?

[888icb] 15/1/2017 15:43

It's more than double where it was in January last year
Am I happy? No I am not happy that the market is failing to recognise the massive discount to NAV that Polo is trading at. The purpose of pointing out the progress of some of Polo's investments is to highlight the progress that is being made and to alert investors to this value investment.
Yes I will be extatic when it reaches 30p but I don't think your essentially negative comments about the share price are helpful to anyone in getting it there.

[roomb] 15/1/2017 13:03

Happy? I'll be happy when the share price is more than 30p. At the moment it's where is was in November of last year.

[888icb] 12/1/2017 21:01

GCM Up 8%
Hibiscus UP 6%

[airdrie] 12/1/2017 14:48

Looks like a couple of our investee companies are moving up and who would have thunk it......Polo is moving as well.

Maybe some of the more negatively minded posters may feel better and concede that the company is moving in the right direction. No tick ever moves up in a straight line. Roomb your profit just keeps going up and up you must be very happy with the progress.

[spights] 12/1/2017 14:00

Yehaaaaaaaaaaaaaaaaaaaaa
Up again
hxxp://www.hibiscuspetroleum.com/information-for-shareholders

[888icb] 12/1/2017 10:18

GCM UP 10% this morning following Richard Griffiths notifying a sale of some of his shares yesterday. Perhaps he has been selling over a period and that was holding the share price back. Lets see what happens as the day goes on with a current volume of 200000.

[airdrie] 11/1/2017 16:29

Looking forward to the March results for Blackham. If all goes as it should Blackham share price should jump quite a bit.
Now if only that pesky GCM would sort itself out......

[airdrie] 11/1/2017 16:23

Hibi up 156% in a year. That's not a bad return at all. Good investment there by the board. Any news on Hibi divi?

[roomb] 11/1/2017 11:21

I think Polo's shares in Hibiscus are currently worth about £13.5m or about 4.3p a share. Doesn't that put a large question mark after the current Polo sp?

[spights] 10/1/2017 16:34

Hibiscus share price up,again
hxxp://www.hibiscuspetroleum.com/information-for-shareholders

[888icb] 10/1/2017 14:14

BLK has been doing well for sometime so may well have assisted the rise from 2p.

[roomb] 10/1/2017 09:52

Airdrie, believe it or not I am in profit. My average for POLO is 3.5p, but only because I added when the price was cheaper and because I did well out of two special dividends.If it hadn't been for the drop from 2012/2013 I would be doing much better and so would everyone else.
I am trying to inject some realism into the discussion and can't understand all the jubilation about increases in BLK when they have zero effect on our share price Like others,I'm hoping for GCM to be successful but have to be prepared for a drop in POL's share price if it fails.I think buying GCM is much more risky than buying Polo.

[spights] 10/1/2017 07:32

Blk
Up again
0.61

[gairich] 09/1/2017 19:47

Airdrie I concur

[airdrie] 09/1/2017 19:30

Roomb:- one last thing. Look at the share price long term. Look at the share price recovery since it's bottom and take heart That one day you might be in profit like me ;-)

Big thanks to Spight, 888 and others for their informative posts.

[airdrie] 09/1/2017 19:21

Roomb one last time. Dattels and co seen the commodities crash coming and jumped ship and sold to Tang. Crash came share price tanked, bang. Nothing or no one could have prevented it. Sector was way over valued, correction came. It happens in all sectors. Since then Tang and co, although not great on communications, have actually steered the ship through some bleak times and have now come out the other side. As the recovering share price proves. They also picked up some good undervalued assets. Which is is polos investment tactics, left over from Dattels. I don't assume Tang wants to see this share price tank again so wants to diversify. I'm drawing a line under our "discussion ". As it's getting boring.

[airdrie] 09/1/2017 19:04

Wasnt Dattels in charge circa 2012? When did the share price drop and when did Dattels leave? Do your research and please stop posting misleading info.
Polo share price is not directly correlated to commodities price movements. It can and will have amplified movements due to investor sentiment. You must surely understand this??? It's basic stuff.
As to rhetoric:- I'm asking you to EXPLAIN some of your comments but you are just answering my question with a question. This is not a case of rhetoric this is a case of you avoiding answering.
Anyone would think with your constant negativity that you are trying to drive new investors who look on this BB away?

[888icb] 09/1/2017 18:49

Hibiscus was UP 9.2% today.

[roomb] 09/1/2017 17:54

Airdire, I can see you don't like rhetorical questions, so I'll put it as a statement for you:
Polo's drop from 30p in 2012 to 2p in 2015 cannot be explained merely by reference to the slump in commodities, because commodities did not drop by 15 times in that time period. As others on here have commented, at least part of the drop and at least part of the reason Polo's share price has stalled at about 6p is due to lack of confidence in Tang.If it was thought that he would return value to shareholders, the share price would be higher.

[airdrie] 09/1/2017 17:30

Roomb, answering a question with a question again eh. I would have if you are very worried about risk and volatility then you would stay well clear of Aim or at least put a stop loss etc in place. Surely you must have? I thought you might like to know I've held since early 2013 and I'm profit, only just mind you but profit I am. ;-)

[spights] 09/1/2017 17:04

When we get dividends from these companies
Patience is the key here and I have plenty of that

[roomb] 09/1/2017 16:53

Airdrie, Polo's share price went down from 30p in 2012 to 2p in December 2015. That's a drop of 15 times. Can you name commodities that went down so much in that period?
I agree that this year, the share price has been rising and if you'd bought at 2p you'd be happy. However from the point of view of someone who's been holding since 2012, things don't look so great, do they? Spights, you keep posting how well Hibiscus is doing, but so far there's been no effect on the Polo share price At what point do you think Hibiscus rises will affect Polo?