Polo Resources Share Discussion Threads

[888icb] 21/8/2019 12:29

Hibiscus is certainly the jewel in the crown for Polo and is worth more than double Polo’s current share price It is a listed investment which means it could be realised easily. Yesterday’s news that Hibiscus may pay a dividend is welcome. I am not saying he would but it would Tang the opportunity to pass on the dividend to Polo shareholders.
But we also need to consider GCM as Tang got involved with GCM while Polo was still controlled by Dattels. Tang subsequently bought his stake in Polo at a high price per share. It has always been said that he bought his interest in Polo because of its controlling stake in GCM. Polo has continued to provide funds to GCM as it seeks to achieve the green light to mine the coal. Tang has now spent a number of years working on GCM culminating in the recent Agreements with the Chinese.
It appears that we are only going to unlock the value in Polo if GCM takes off. This is certainly very frustrating for long term shareholders. GCM is looking more promising recently so let’s hope Tang succeeds at which point we will have a very valuable company.

[snorky123] 21/8/2019 11:26

https://simplywall.st/stocks/gb/energy/aim-pol/polo-resources-shares/news/why-polo-resources-limiteds-lonpol-ceo-pay-check-matters-to-you/

[alpal2] 21/8/2019 11:04

Just looking at Polo's investments:
Nimimi - Rubbish
Blackham - Share price at lowest ever. Any value?
Hibiscus - Good
Regalis - Hmmmm...
GCM - Corruption in Bangladesh has stifled this for over 10 years.
Universal Coal - Don't know but nothing good disclosed.
PRISM (Ironstone) - May come good but don't hold your breath.
Celamin - One of Tang's worst. Our investment stolen by tunisian 'partner'. Clearly no due diligence done on our 'partner' before investing.

The only action [bar Hibiscus] is Tang taking unwarranted monies in fees / salary.

[snorky123] 21/8/2019 10:30

I was a long term holder under the previous directors and sold a few months ago as could not suffer any more. I came to the conclusion Tang probably felt he over paid when he bought in and then realised he could get his investment back by charging extortionate directors fees. Sadly this has proved to be the case and feel will continue to run this public company as his own slush fund as he has total control. Just my opinion.

[888icb] 20/8/2019 23:31

Two good RNS today reinforcing what an excellent investment Polo have made with Hibiscus. The suggestion that Hibiscus May start to pay dividends is very promising. As Hibiscus is such a big part of Polo it would be very disappointing if Polo didn’t pass that dividend on to us long suffering shareholders.

[barnetpeter] 20/8/2019 23:00

3p bid...crazy spread.

[shawzie] 20/8/2019 19:45

Hibiscus Petroleum may start paying a dividend. Perhaps M Tang could persuade the Hibiscus Board to pay enough to cover his salary at Polo.

[behuge] 20/8/2019 12:30

Below 3p. C’mon

[philjeans] 20/8/2019 12:09

OK thanks alpal.

Better news today though with Hibiscus!

Excellent increase in oil production.

Keep the faith - rerate will come.

[alpal2] 19/8/2019 11:31

Philjeans: POL owns 1.5% of Blackham. Since BLK has a market capitalisation of AUD 52m; Polo's interest seems to have a value of about £400k; or 0.1p per Polo share. Oh, wow.
Will appreciate anyone pointing out if my arithmetic is wrong as there are so many decimals to deal with.
Blackham shares now as low as they have ever been. Another 'brilliant' investment by Tang.

Proposal for AGM: Tang's salary to be index-linked to change in share price since he took control when he paid about 35p for his Polo shares; now 3p!

[jamesss1] 19/8/2019 10:10

I know yeah

[behuge] 17/8/2019 10:25

The stupidity of some posters also...

[jamesss1] 16/8/2019 19:18

The share price says this is done anyway and will soon be shut down...not to worry too much

[philjeans] 16/8/2019 15:17

How many Blackham does POLO own, spights - and what's it worth to the POLO share price.

TIA

[shawzie] 16/8/2019 12:34

I am sorry to say that this bb has recently been infected by some posters and their use of language. The disease seems to have spread from the GCM bb.

[jamesss1] 15/8/2019 20:59

Whats the 19th of march btw and whos jamie ha ha ha ha wrongggggg

[behuge] 15/8/2019 18:02

😂😂😂 come and join the gcm bb. You deserve it. you look as stupid as the idiots there. Jamie the English looser teacher 🤡🤡 im sure you will find the replies to your questions about your bad investments on a buletin board. Really average suburbs low IQ people on these bb’s😂😂 but apparently people born on 19th march are the worst of all.... polo’s not your only bad investment Churchill mining sounds a bell? You like to be screwed apparently 🤣🤣

[behuge] 15/8/2019 17:54

How much did you loose with polo jamie🤑 you’re looking desperate with polo and gcm...

[jamesss1] 15/8/2019 17:30

Full of sh1t Bhuge

[behuge] 15/8/2019 14:22

Where’s gone Phronimos? No news good news!!