ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

POL Polo Resources Limited

1.57
0.00 (0.00%)
19 Mar 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 1.57 1.15 1.99 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Polo Resources Share Discussion Threads

Showing 16151 to 16174 of 17800 messages
Chat Pages: Latest  652  651  650  649  648  647  646  645  644  643  642  641  Older
DateSubjectAuthorDiscuss
11/4/2020
08:27
IF, IF, IF James is a clown he can go to work for a circus....hahahahah you’re a BIG CLOWN and not with a IF of course.....
solhuge
09/4/2020
13:47
Bargain or not....
solhuge
09/4/2020
13:42
BARGAIN DOWN HERE and GCM sign off never closer.

BUY

philjeans
09/4/2020
13:30
Massive dilution for polo....
solhuge
09/4/2020
13:25
You are entitled to your opinion about GCM.
Buy GCM directly & forget Tang and Polo's consistent discount.

russman
09/4/2020
08:31
But not, polo’s not moving....
solhuge
09/4/2020
08:13
GCM currently UP 20% and Hibiscus UP 6% so that should be positive for Polo.
888icb
09/4/2020
07:52
A bit more time than the 20 years you mean....hahahaha
solhuge
09/4/2020
07:46
You make a number of very valid comments but my main point is that Tang, Polo and Dyani are clearly very focused on GCM and GCM is only of interest to anyone if it’s going to get the green light. The 129% rise in GCM yesterday suggests that the market interprets the Polo RNS as showing great confidence in GCM succeeding in the near term. Time will tell and I hope that the instincts and confidence that the people closest to it is justified. GCM was up strongly on opening but is a little volatile as you would expect after yesterday’s rise. Interesting times.
888icb
09/4/2020
07:29
For him surely....
solhuge
09/4/2020
07:22
Has Tang ever sold any of Polo's investments at a profit?
Should he have top sliced Hibiscus before?
Looks like Tang is going all-in without our consent.

russman
09/4/2020
07:13
Good morning all
spights
09/4/2020
03:45
It's only undervalued if that value can be extracted.

The 6th April RNS does not 'indicate' a green light. The only thing it indicates is that it is seeking to modify voting powers by a 'swap' arrangement under the pretext that it is potentially beneficial to the company.

Had this occured before the AGM then it may have put things in a different light. But it didn't, and the AGM was adjoured by the Chairman when it was seen that there were insufficient votes for his reappointment. In that there seems to be one "other explanation for their actions".

In considering the RNS, Bulletin Board Browsers, Twitterati and such like may choose to read in part, casually, selectively or carefully and to put whatever interpretation and slant suits their pallate or agenda. That does not, however, change what is written and the effect of 'the board's' plans.

Those seeking any light would do well the note that 'the board' is only prepared to write that it "...is hopeful that the current Coronavirus Disease pandemic will encourage the Government of Bangladesh to enhance its energy source security by utilising local coal..." No mention of the project itself, or any move forward.

No matter how you try to spin it, "the coming days and weeks" is likely to be 'months and years' as the world will be bogged down with the pandemic. Nothing is guaranteed. There may be no prize.

Then there is the blaming of Phronimos as being the cause of the additional dilution now planned. In fact the cause is the fall in Polo's share price as a result of general concerns over governance coupled with a reduction in NAV resulting from the effects of the pandemic and the collapse in the price of Crude. One wonders, therefore, why don't they wait a bit rather than choosing the 31st March. Or is it that it's convenient to 'teach shareholders a lesson' for the Phronimos actions (coming the day after the latest Phronimos missive). Well, I suppose they can't go on postponing the AGM forever even though they are doing their best so to do. Likely the NOMAD has provided some 'guidance' in that respect.

A company would normally seek to engage with activist stockholders or their representatives. Polo's actions have been ignore, reject, counterclaim and threaten.

A journalistic adage: "Believe nothing until it has been officially denied"

There is something being done to try to improve governance but 'the board' is acting to block it.

glavey
08/4/2020
23:05
The point of using today’s mark to market is simply to demonstrate how undervalued Polo is on its current market cap but also the potential of GCM to make a massive difference to Polo’s value. Obviously I am fully aware of GCM’s past volatility but also that volatility occurs at times when investors sense the green light may be close. Polo’s RNS yesterday indicates that Tang, Polo and Dyani are very confident that GCM is close to the green light as there seems no other explanation for their actions. People have read the RNS and can form their own view. Today’s share price rise suggests a number of investors are inclined to that view. The coming days and weeks will be interesting as the prize for success is many multiples of today’s share price for both GCM and Polo.
I am not impressed with the corporate governance at Polo but in reality there is little that can be done about it and you have to factor that in to whether you want to invest. My view is that Tang is important to GCM succeeding and if it does succeed the rewards will be at such a level they will more than compensate for the dilution.

888icb
08/4/2020
20:20
The 7th April RNS, tit-for-tat parrying with a bouquet of spite about it. Phronimos seem to have struck a nerve and it's been taken personally.
glavey
08/4/2020
19:46
He is dreaming for 9 years, poor 888
solhuge
08/4/2020
19:32
888, In present circumstances isn't it a bit, err, shall we say 'pointless' to consider a one day mark to market situation in a stock known for its past extreme volatility in the absence of any tangible news?
glavey
08/4/2020
19:25
Underwater is an euphemism. Trolls such as 888 have been caught and hope to recover their losses. Why would the chinese buy a penny stock for pounds?? They are not stupid on the contrary of some posters here....
solhuge
08/4/2020
19:15
"...but if he pulls it off and GCM get the GREEN LIGHT We will be all happy ££££££"

Depends on the exit possibilities - some must be massively underwater here if held for years.

glavey
08/4/2020
19:10
Spights I should warn you that Solhuge is an appalling deramping troll who churns out offensive lies on the GCM and Polo bb’s many times everyday. It is advisable not to engage with him. He has a number of aliases such as APfindley. If you read back over a few days you will see what I mean. It is disgraceful that ADVFN haven’t dealt with him but I suppose there is always the filter button.
It’s been a good day for Polo and GCM and today’s market value of Polo’s stake in GCM is virtually the same as Polo’s current market cap!

888icb
08/4/2020
18:47
Just realistic. Never fall in love with a stock is the basic of investment. Most of the people on this bb and gcm bb have been caught buying at expensive prices years ago and have lost money been positive.....

If the chinese/polo resources wants gcm they will pay a low price. Mark these words. This is what i want to warn for any newcomers.

solhuge
08/4/2020
18:38
Be positive
spights
08/4/2020
18:36
Gcm will never be a stellar investment. Polo will try to buy the company for peanuts (polo tried unsuccessfully to buy gcm for 175p in 2005) if tang thinks there is a chance to do the deal. If not he will cream the companies until THE END....
solhuge
08/4/2020
18:32
Prism imho will have an IPO in the next 18 months
spights
Chat Pages: Latest  652  651  650  649  648  647  646  645  644  643  642  641  Older

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com