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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 |
Date | Subject | Author | Discuss |
---|---|---|---|
15/4/2020 11:07 | And what? Polo is down 7.84% at 1.59p.... | solhuge | |
15/4/2020 10:17 | Polo has now issued an RNS( as has GCM) to confirm that Polo owns 29.9% of GCM. GCM have also issued an RNS to confirm that Dyani owns 14.09% of GCM. | 888icb | |
15/4/2020 09:38 | Even 20m share options in Polo do not motivate Tang to energise our share price | russman | |
15/4/2020 09:35 | You also forgot gcm who went (Under his management) from 700p in 2005 to 8p, of course cashing massive salaries in both companies, Gcm and polo..... | solhuge | |
15/4/2020 08:28 | Russman: You ask about Tang's achievements. Well, for starters, under his stewardship the share price has 'improved' from 36p to 2p. He got us into Celamin without doing any due diligence on the corrupt 'partners' who stole the shares. And numerous other 'dogs'. Surely that's worth a paypacket of $1m per year. Mind you, Hibiscus looked a good investment until covid19 and Russian/Saudi spat. | alpal2 | |
15/4/2020 04:21 | Taking Polo, GCM & Dyani. Tang gets benefits of $1m per year. Plus the share options. Plus management / consultancy fees. & what has Tang achieved to date. | russman | |
14/4/2020 14:06 | 1.57 last trade | solhuge | |
14/4/2020 10:18 | Polo down again. 888 still very positive.....poor guy dreaming...hahahaha | solhuge | |
14/4/2020 10:14 | So we have now had three hours of the usual know it all negative comments from all the usual suspects on the GCM bb when in fact there is nothing in today’s GCM RNS that we didn’t know before the recent rise. The only clarification we have had is that the MOU has been extended for a further six months rather than become a formal JV. This makes no real difference to what they are doing and doesn’t indicate a six month delay as they could execute a formal JV next week or next month. The reason for the extension is Covid 19 which was clearly flagged in Polo’s RNS on the seventh of March. But the point made in that regard by GCM and Polo is that Covid 19 will focus the Government of Bangladesh on the importance of Energy Security which is a major plus point to be emphasised in GCM’s imminent submission to the Government of Bangladesh. Energy security is important to all countries as mentioned very recently in discussions over the fall in oil prices which puts considerable pressure on US shale oil due to its higher production costs. However the US has reaffirmed its commitment to ShaleOil as it wants its own sources as global supply can be disrupted. GCM went up on the back of the confidence shown by Polo going back to its original position of largest shareholder with 29.9%. There is nothing in today’s RNS to detract from that confidence and I am sure all the information in Today’s RNS was known to Polo when it issued its RNS. There have been some comments over the weekend that Polo or perhaps someone else could put in a low bid. Well we all know the best defence to a low bid. Get the share price up to reflect the true value that is clearly seen by Polo to be much higher than it is currently. Mr Tang has played a blinder and has massively averaged down Polo’s original acquisition cost of its GCM shareholding and will be the biggest beneficiary when GCM gets the green light. | 888icb | |
14/4/2020 09:38 | Hahahahaha distributed brown envelopes without any results.... | solhuge | |
14/4/2020 09:17 | 2017 Dyani made "a valuable contribution". More like, Dyani distributed cash in plain brown envelopes. | russman | |
14/4/2020 07:48 | Last trade 1.77p | solhuge | |
13/4/2020 16:12 | When the virus will be over in a couple of month polo and gcm will find another excuse for the delay.....until the money is over.... | solhuge | |
13/4/2020 13:43 | All I can find for Dyani is a nameplate in Hong Kong. But Tang "recruited" them. Somebody does know. | russman | |
13/4/2020 12:57 | This was posted today by Marv 731 on another bb today. Well here’s the email I received last week from a guy who works with the energy ministry. Thge government is still implementing all its projects regularly. Its trues that the Coronavirus impact has create an obstacle at this moment but most of the cases the work is going on. Major energy projects are also going on. Some of those have now become slow but those will be moved forward to help kickstart the economy. Bangladesh is farming a Vision Paper 2041 to become a developed nation by 2041. It is also framing the 8th Five Year Development Plant for the year between FY2021 and FY2025. All the future projects including energy and power will be continuing as per its plan. As long as Bangladesh's economy is growing at more than 8.0 percent rate its energy supply is the big challange in the future days. So, the government has a plan to swell its investment and effort to this sector in the coming years so that energy supply crunch could not hamper the economic activities. Hope you have understood the government's position. | 888icb | |
13/4/2020 12:25 | "On 26 March 2020, (sic) GCM announced that it had prepared the Project Proposal is working with its local consultant, DG Infratech, to ready it for submission to the Bangladesh Government. However, GCM also noted that the COVID-19 pandemic was already impacting its timelines, given that Bangladesh Government is taking actions in line with that of governments worldwide to deal with pandemic." | glavey | |
13/4/2020 07:05 | Say Dyani is a another undisclosed front related to Tang. Management services, pre- development expenses, share awards, bonuses, interest. Tang is raking in millions every year. & it could go on until our capital is "used". | russman | |
13/4/2020 03:33 | "Nobody knows who Dyani are." Not entirely true, somebody does... | glavey | |
13/4/2020 03:28 | 888, "Why would GCM issue an RNS to explain the rise?" Because if the Polo RNS comments reflected any material effect in GCM's business activities they would be obliged to, in timely fashion. That they haven't suggests the jump in the GCM share price which you have referenced several times is, in the main, froth. (Update) Notwithstanding, you wrote that you might expect one: "We should have news next week which may encourage a further rise but we will have to wait and see." ( As has been pointed out, it is not "the only logical conclusion". It is apparent and Polo have already stated Dyani need to divest some of their holding* in order to receive more awards so why should selling a few "not send out a good signal"? Might they not need some funds for the day-to-day operation of their business? * (Although I do wonder if they would have otherwise chosen this moment.) Whilst you say you "don't know much about Dyani" you do seem to have considerable confidence in the 'holy trinity'. Have you not wondered why this obscure company is being awarded so much GCM stock and been able to come to a 'logical conclusion'? | glavey | |
12/4/2020 08:36 | Nobody knows who Dyani are. agree with your comment. If the intention of polo is to buy gcm, they will buy it cheap as chips | solhuge | |
12/4/2020 07:28 | Big If:- Tang "controls" Dyani. = Tang controls GCM Tang controls Polo. Tang's goal is to maintain control of GCM & Polo so he can keep siphoning our capital into his pockets. | russman | |
12/4/2020 07:26 | A bid in the p20’s......Muc | solhuge | |
12/4/2020 01:08 | Why would GCM issue an RNS to explain the rise? They haven’t done so and they have clearly not been advised that one is required by the regulators. It is clear to the market that Polo are taking a 29.9% stake, which in my view and I think the markets view is a sign of confidence. If they increase their stake any further they will have to make a bid for the whole company. I come back to the only logical conclusion which is Polo must be very confident that GCM is a good investment if they greatly increase their holding. GCM is only a good investment if Phulbari gets the green light which currently looks much more likely than it has for some time. I accept we don’t know much about Dyani but it doesn’t detract from the logical view about GCM. If Dyani sold shares in GCM in the market when investors are expecting GCM to do really well, it would not send out a good signal | 888icb | |
11/4/2020 15:18 | 888, "...but my main point is that Tang, Polo and Dyani are clearly very focused on GCM..." As with the Holy Trinity, I notice you too group the three together. Dyani, a consultant with no apparent interest beyond Phulbari, rather than sell some of their awards in the market, asked Polo's assistance (not GCMs) and, relinquishing GCM shares at a discount in exchange for Polo shares at a premium, choose to be come a sizable investor in Polo Resources. I'd propose that it's not 'the market' (suggesting the whole market and all investors) that interprets Polo's RNS suggesting an early GCM success but the actions of few speculators, promotors and momentum traders, and market makers setting the spread, at times of general turmoil, clutching at whatever straws they come across. Where is the GCM RNS to explain the share price rise? Common sense should prevail, shortly. | glavey |
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