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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 0.0% 1.57 1.15 1.99 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -3.3 -1.1 - 6

Polo Resources Share Discussion Threads

Showing 16351 to 16369 of 17475 messages
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DateSubjectAuthorDiscuss
04/5/2020
18:43
Closed unchanged today on volume of 460000 with most showing as sells. However the last trade of the day (much loved by the person I have filtered but not posted by him today as there are no post close posts)was at 1.97p. Let’s see if some one pays 2p tomorrow!
888icb
04/5/2020
15:49
An RNS this afternoon giving an update issued by Hibiscus. It shows Hibiscus are acting prudently in the current difficult situation in oil prices. It also updates on how they are dealing with Covid 19. Again they are taking all appropriate measures but as an essential industry they are continuing to produce and receive income. They have agreed to forward sell oil so they have a market and a confirmed price during this year.
888icb
04/5/2020
15:05
I have said on a number of occasions that I think the remuneration Tang has taken and continues to take is a disgrace in any event but particularly in view of the decline in the share price. The shares have for most of the time been at a very large discount to NAV and he should have addressed that. I think the issue has been trying to get the green light for GCM which is obviously taking longer than anyone could imagine but is now closer than it’s ever been. So my concern with attempts to remove Tang now is would we be shooting ourselves in the foot in relation to GCM where Tang has been the driver and it’s been his reason for wanting Polo? If he can get the green light for GCM he will to a large part redeem himself as long as he delivers a big increase in Polo’s share price and/or a large dividend. So your contention that the large drop in the share price constitutes destruction of shareholder value is correct in relation to the share price ( even though the NAV has been much higher we can’t realise it as no dividends have been paid). Tang is responsible particularly as he has been paid so much. His remuneration should have been in shares so he was aligned with the shareholders.
888icb
04/5/2020
14:36
for 888 40p to 1.72p is positive!! Beautiful company and wonderful management
1hido
04/5/2020
13:43
888: The sale in 2019 validates 'liquidating' his position. Share price now so low, due to Tang, that it's not worth selling. When / if we get reconstituted AGM it will be interesting to see how the voting goes. How much lower would the share price have to be for you to vote against Tang's re-election? My contention is that a drop in the share price from 36p to under 2p constitutes "destruction of shareholder value"; and I hold Tang responsible. If Tang's not responsible, why is he getting $1m pa?
alpal2
04/5/2020
12:31
Alpal2 thanks for that information. The reduction in his holding to 4.3% as you say was in February 2019. It was unchanged in January 2020 and it would appear that his percentage has only dropped recently due to the new shares issued to Dyani. So there is no actual evidence that he has sold any shares since February 2019 which casts a lot of doubt on a claim that he is trying to liquidate.
888icb
04/5/2020
12:08
How can 888 still believe in this is beyond me
1hido
04/5/2020
11:48
888: Greenwood: When you hold a notifiable percentage of POL 5.2% and sell down to 4.3%; now down to 3.5% it does not demonstrate great confidence in the CEO. See TR-1 notification 5-Feb-2019. At that time price was around 4p; now less than half of that. Looks like attempt at liquidation to me.
alpal2
04/5/2020
11:33
Dyani cannot vote their new shares at the next AGM. Dyani is presumed to be a related party but no info. disclosed to date. Obvious conflict of interest if Perfectus shares are used to support Tang.
russman
04/5/2020
11:32
Surely because they have a feeling that this is going nowhere but down. What is the basis of your statement supporting this losing company?? Meantime -10% on gcm at 12.65p and 1.73p For polo down 4.16%
1hido
04/5/2020
11:20
What is the basis of your statement that Greenwood is trying to liquidate?
888icb
04/5/2020
10:42
shawzie: Did Ingalls / stirling drop below 3% due to share issue to dyani? Since Greenwood was trying to liquidate, I suspect that he will not be a supporter of 're-elect Tang'.
alpal2
04/5/2020
10:22
In January I posted the following ; Mettiz Capital Ltd 12.58% Perfectus Management Ltd 10.37% Armstrong Investments Ltd 5.13% Nicholas Greenwood 4.33% Ingalls & Snyder LLC 3.29% Stirling Enterprise Ltd 3.15% I cannot remember seeing any notice about disposal of shares for Ingalls & Snyder and Stirling Enterprises to take them below 3.00%. Anyone know?
shawzie
03/5/2020
18:37
With a few more incestuous deals, M Tang will soon have a majority vote. Name Percentage of Issued Share Capital Dyani Corporation Ltd 18.81% Mettiz Capital Ltd (a) 10.21% Perfectus Management Ltd (b) 8.42% Armstrong Investments Ltd 4.17% Nicholas Greenwood 3.52% Percentage of shares not in public hands The percentage of the Company's shares not in public hands is 18.63%. Notes: (a) Mettiz Capital Ltd is controlled by Michael Tang and (b) Perfectus Management Ltd is 98% owned by Polo and 2% by Mettiz Capital Ltd.
shawzie
03/5/2020
08:53
Tang's "divide and rule" leadership strategy. If shareholders focus on Polo's performance under Tang's stewardship, the silent majority would not support him.
russman
02/5/2020
13:55
Mickey is spamming the polo board too. Maybe the same Poster as 888. He’s Definitely obsessed by his own shade and sees his best friend behuge or solhuge everywhere.😂😂 you Need a good medication buddy
1hido
02/5/2020
11:46
Great news you are a liar 888 and you know it. Paid ramper Folks be careful with misleading informations given by 888 and his team
1hido
02/5/2020
11:40
Anyone reading your last post will now know exactly who you are if they had any doubts that the moron had returned. A very pathetic person who has had more reincarnations than Dr Who. I suggest that 1hido joins all his/her other aliases on your filter list. 1hido FILTERED
888icb
02/5/2020
09:40
Posters in glasshouses should not throw stones.
russman
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