Polo Res.(See LSE:POL) Share Discussion Threads

[sportbilly1976] 16/9/2009 14:17

regular £10k buys.....

[olivercromwell] 16/9/2009 13:44

a little bit of 'theme investing' going on here as well i suspect ala Renesola play being a play in solar power we have Polo being a decent play on Uranium or indeed a play on dattel's superb ability create resource companies and then flog them to th'highest bidder

[verulamium] 16/9/2009 13:38

Too true sportbilly - if they were an Investment Trust with the quality of holdings they've got, they'd probably be at a premium to the value of their investments not a 35% discount...

[marben100] 16/9/2009 13:37

I think Robson was asking about volumes earlier...

According to Yahoo, the average daily volume is 15.3m shares. 52.3m traded so far today.

I doubt there's anything especially significant happening. It may just be that, like me, the market has decided that the discount to NAV that Polo is trading at is silly (esp on the back of last night's further 4% rise in Extract). You were getting £1 worth of marketable assets for 54p before today's rise (which now makes it 63p, by my reckoning). It may be that a big buyer has deciced to take advantage of that, or that a big seller has cleared. Undoubtedly a lot of small momentum traders have climbed on board on the back of the rise.

Whilst such good value remains, I'm happy to wait & see.

Cheers,

Mark

[sportbilly1976] 16/9/2009 13:35

you're right...it is old news that they are currently trading way under the value of their investments....

[transco3] 16/9/2009 13:33

Sport - Its old news man - cant you see it - market makers playing with you!

[sportbilly1976] 16/9/2009 13:27

marben,

yep - just read comment on lse saying exactly the same...

guess the rise is due to the Africa Intelligence article, or maybe it is catching up with the underlying value of its investments...

[marben100] 16/9/2009 13:20

OLIVERCROMWELL - 16 Sep'09 - 12:02 - 5051 of 5080

"According to the World Nuclear Association, Mongolia has about 62,000 tonnes of recoverable uranium reserves."

-----------------------

Just to put that in context, Extract's JORCed (i.e. independently verified)discovery at Rossing South in Namibia of over 250Mlb U3O8 is equivalent to over 100,000 tonnes recoverable U already and likely to grow substantially beyond that. More than the whole of Mongolia in an explored area of around 10km2 (with plenty more to come IMO in the 637km2 of EPL 3138 and 3439).

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transco3 - 16 Sep'09 - 12:24 - 5063 of 5080 (Filtered)


transco3 - 16 Sep'09 - 12:26 - 5064 of 5080 (Filtered)

(had him on filter for ages - never seen a useful post from him, just unsubstantiated garbage)


Mark

[zak_mo] 16/9/2009 13:19

nah PRL is the one its looking deadly today could see it hit 6p by end of play and even touch 8p by tomrw its giving me 5.48p to buy 273722k shares

[sportbilly1976] 16/9/2009 13:18

zak,

that is an impossible question to answer...

it may retrace a little this pm or it could continue a slow & steady rise. in my opinion (and the reason behind my purchase this am) the break through 5p was significant and I am looking for 8-9p to come in the forseeable future...

[rolobollo] 16/9/2009 13:17

put your £15k on Cadbury

[zak_mo] 16/9/2009 13:16

Lamanga

Thanks for you feedback the only reason Im asking is I want to find an entry point as I have 15k to invest

[lamanga2004] 16/9/2009 13:13

My timescales are far longer than close of play, zak, so I really don't care what the share price might do in the next 3 hours and 17 minutes.

[zak_mo] 16/9/2009 13:08

whats ppls views on the share price by close of play and why

many thanks in advance

[sportbilly1976] 16/9/2009 13:06

abu,

1v4 - 1 MM buying stock (ie people selling) vs 4 MM's selling (ie people buying stock)

[jonnyboy1] 16/9/2009 13:05

abu, i thought your were being ironic and ridiculing the vandals comments

either way nice

[abu azaan] 16/9/2009 13:05

which way around are you doing this buys v sells or vice versa?

[sportbilly1976] 16/9/2009 13:03

EVO breaking rank...

1v4

[sportbilly1976] 16/9/2009 12:57

abu,

I think you mean buying pressure.....

3v4 still

[abu azaan] 16/9/2009 12:56

sorry meant to say BUYING pressure

[abu azaan] 16/9/2009 12:52

well if the selling pressure continues we may even see this today. here's to hoping ...

[induna123] 16/9/2009 12:49

If this gets any press I can see these going over 6p tomorrow.

[rolobollo] 16/9/2009 12:43

I know encarta