Share Name Share Symbol Market Type Share ISIN Share Description
Polo Resources Limited LSE:POL London Ordinary Share VGG6844A1158 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.83p 3.70p 3.96p 3.70p 3.70p 3.70p 148,833 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -5.8 -1.8 - 12

Polo Resources Share Discussion Threads

Showing 15126 to 15150 of 15500 messages
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DateSubjectAuthorDiscuss
12/1/2019
11:19
Where do we think this dog can end up if GCM is successful?
jamesss1
12/1/2019
00:09
Good to see you Spights. You as a long term investor as I am know that if GCM flies so will Polo. Hopefully our time is coming soon.
888icb
11/1/2019
15:34
Looking a little better. Just about covers the cash now! Good to see the MMs have tightened the previous stupid massive spread too.
philjeans
11/1/2019
15:16
😀😀😀😀 8512;
spights
11/1/2019
13:34
A little shake and then GCM up 40% - have a guess about POLO - you probably don't need to guess do you. Still at least it's not down . . . . yet.
folderboy
11/1/2019
13:21
Indeed 32% - gave in, a little, to temptation and added a few POL. Not a great deal to show for it so far . . . other than others selling!!
folderboy
11/1/2019
13:16
GCM now up 32% - good news approaching..
philjeans
11/1/2019
08:34
I have made that decision in the past - never proved wise. One would think there should be an effect on the share price of POLO but it has never proved to be so. Of course this time I will choose not to add and . . . . . .
folderboy
11/1/2019
08:31
If you think GCM is going along way north then you should seriously consider adding here.
888icb
11/1/2019
08:25
GCM up 9% - must resist the temptation to add here!
folderboy
07/1/2019
16:32
From the Accounts posted on Polo website, are my eyes deceiving me? M Tang has received 20,000,000 share options at an exercise price of 4.5p. If exercised he would have to find £900,000 but would gain between 6 and 7 percent of the number of shares on issue. With a share nav of around 15p the real benefit to M Tang could be in excess of £2,000,000 if he exercised the share options and retained. It looks as if M Tang is once again treating Polo as his personal piggy bank, taking Consultancy Fees of $600,000. However there seems to be enough cash to pay him for the next year.
shawzie
05/1/2019
01:04
A large volume today of 4 million pretty much all at 3.72p. They all show as sells apart from the 999999 mentioned above. It is odd but I think the spread makes it difficult to tell Buys and sells properly. This is high volume for Polo so it will be interesting to see if any news occurs next week.
888icb
04/1/2019
14:17
Strange share trades today. 999999 at 3.72p.
alco
31/12/2018
08:52
I am more optimistic about the prospects for GCM than Hibiscus. 1] GCM: Hasina 're-elected' but does need to address the shortage of electricity. I hope the Chinese have enough influence to get progress on power plant using GCM coal. 2] Hibiscus: The current low oil price does not look good for any oil producer. As an aside: Does Saudi want the oil price down to make USA shale-oil production uneconomic?
alpal2
30/12/2018
12:08
888 - agreed and well summarised. I came back in here at 3p and am continuing to add. BARGAIN
philjeans
30/12/2018
11:13
You make a very valid point Folderboy.However I think that Hibiscus is in a much stronger position which will continue to improve and this gives good support to the current NAV of 15.73p per share. As a listed share it could be easily turned into a lot of cash. GCM also seems in a much better place. Power China is a major State owned corporation of the People’s Republic of China and as such is very close to the Chinese Government. It is a major player in rolling out the Chinese President Xi’s One Belt One Road initiative. The MOU between GCM and Power China says Power China will facilitate the inclusion of the Phulbari Coal and Power Project into the One Belt One Road Initiative. China is already a big investor in Bangladesh and will have the direct access to Hasina that has not previously existed. Michael Tang has invested a lot of money and time in GCM and in Polo so he could control GCM. He needs GCM to come good to get a return on his investment in Polo. It’s all looking very positive in my opinion so I am looking forward to 2019 finally rewarding long term investors in Polo and GCM.
888icb
30/12/2018
08:28
All very positive and sounds almost compelling except that I seem to remember fairly similar comments/feelings being expressed about 2018 - and indeed 2017- damn it 2016 as well! Do so hope you are right though.
folderboy
30/12/2018
01:27
As we approach the end of 2018 let us recall the Results RNS on the 21st December which informed us the NAV is 15.73p.Current share price is 4.1p so a massive discount to NAV. We should also note that GCM is looking better than it has done in the last 10 years. We would appear to be close to a major development that would greatly increase the value of GCM and hence Polo’s large shareholding in GCM. Today the value of Polo’s 17.83% holding in Gcm is worth circa £4.5million. If GCM gets the green light a 10 bagger would be very conservative so Polo stake worth £45 Million. The current value of Polo is US$60 million which is £47 million. so GCM coming good could double the NAV of Polo giving per share NAV of circa 30p. Just a few figures to consider which could make 2019 very exciting and profitable.
888icb
28/12/2018
10:44
Agreed - astounding value here!
philjeans
28/12/2018
10:06
2019 will be our year
scoots
22/12/2018
08:44
888: The only way this makes sense is if people believe that Tang will never deliver and return funds to shareholders. I am a long-term holder but disillusioned by his performance and reporting. e.g. Celamin: Appears no due diligence was done before getting into bed with TMS on Chaketma project. Latest report says pursuing legal action but no confirmation that TMS are refusing to comply with arbitration award to return the shares they stole from Celamin.
alpal2
22/12/2018
00:10
Share price 3.6p NAV 15.73p This is insane. The share price is at such a massive discount to NAV it makes no sense.
888icb
21/12/2018
23:06
Amazing discount and gcm is poised for big gains in January if the deal is signed.
barnetpeter
21/12/2018
15:56
You have got to love Polo - GCM up 2.8% so POLO? Down 7.7% - Happy Christmas
folderboy
21/12/2018
15:56
You have got to love Polo - GCM up 2.8% so POLO? Down 7.7% - Happy Christmas
folderboy
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