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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 16376 to 16400 of 17375 messages
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DateSubjectAuthorDiscuss
15/5/2020
04:11
In which case irresponsibly temerarious and a further concern as to where the funds ended up. Is this acceptable of a Executive Chairman?
glavey
14/5/2020
19:16
Was there any security for this $4m Plinian Guernsey loan. It appears not. Nil points for business sense.
russman
14/5/2020
11:22
Not sure they can afford to have a telephone, too expensive
hidooo1
14/5/2020
10:05
Fourth Step : Conclude the adjourned AGM. The pandemic might go on for years; Proxies, telephone, zoom are all practical solutions.
russman
14/5/2020
10:02
& consolidate GCM's P&L plus provide further loans to extend Tang's gamble.
russman
13/5/2020
10:58
I don’t think anyone other than Executive concerned is going to disagree with that proposal. Is 50% enough? However I suspect Tang will be looking for success at GCM to propel the Polo share price above 4p and to justify the remuneration he has received.
888icb
13/5/2020
10:36
Third Step: Considering Polo's performance to date; an executive pay cut. Say 50%. that might focus Tang's attention on his 20m 4p warrants.
russman
12/5/2020
10:13
"....add an independent director to the board". You must be joking, the last thing Tang wants is an independent director who might criticise his actions and remuneration.
alpal2
12/5/2020
09:27
Second Step: Give clarity on the identity of Dyani. A major shareholder & no public company information available.
russman
11/5/2020
16:29
Logical not to whilst, it's claimed, they can be used to leverage voting power. Wonder why it's taking a long time to follow the Nomad's suggestion to add an independent director to the board. Although they really need at least two.
glavey
11/5/2020
11:41
Agree Russman, however The logic doesn’t apply here, but only interest
1hidoo
11/5/2020
11:00
The logical first step would be to buy in & cancel the Perfectus Polo shares.
russman
08/5/2020
04:32
"...it is not only a "Tang" man company." Not so sure about that...
glavey
07/5/2020
14:23
Russman. makes me think they have something to hide ?
1hidoo
07/5/2020
13:30
If there are buys then there are sells.....nope
jamesss1
07/5/2020
12:26
In the name of diversity: PR office in Johannesburg. Why?
alpal2
07/5/2020
10:24
Polo: Registered in Bermuda. Listed in UK. Holds AGMs in Malaysia with no telephones. Chairman unable to add up proxy votes. Seems very unfair to the minority shareholders.
russman
07/5/2020
10:18
That is why there is a Polo BoD; and GCM for that matter. They may be Tang's mates but it is not only a "Tang" man company.
russman
06/5/2020
11:37
If there is buys there are sells....
1hido
06/5/2020
10:24
Gcm pump and dump no news
1hido
06/5/2020
09:46
Who are you going to replace him with and what are they going to do to get the share price up? In the meantime GCM is UP 13% this morning and it’s all buys this morning at Polo.
888icb
06/5/2020
09:33
Tang has been given long enough & his inadequancies to date are all we can judge. 20m share options and Tang has done nothing to "support" the share price Time to give someone else the job.
russman
06/5/2020
07:54
The famous green light expected for 20 years you mean???
1hido
06/5/2020
03:40
"When you talk of manipulation you need to be precise about what you are getting at." I'd say you are intelligent enough and well enough versed in the company to know already! Companies with intertwined interests and lot's of cross shareholdings don't come about by accident. One can't know he's acting within the rules when so much is deliberately opaque. "It is in my view poor corporate governance to have allowed this high level of remuneration to Tang." Tang is the corporate governance! "Tang’s reputation rests on success at GCM and my view is he should be allowed to play that out..." He's not allowed his (Polo's) other failings to dent his ego. Do you think he would give a toss about GCM's project. He's extracting large amounts of cash from all his involvements so he doesn't need to! "Look at a lot of the worlds succesful business men and their attitude to corporate governance. If you succeed you are forgiven." They might be forgiven by those who chose to ride on their coat-tails (whilst the going remains good), but what of those who were trampled underfoot?
glavey
06/5/2020
00:33
I do agree that taking such large amounts of remuneration is not in the best interests of shareholders. As I said he should have drawn a much lower salary and been rewarded with share options related to the share price I accept that he does have a lot of shares which he bought from Dattels which have suffered the same loss as other shareholders. But it wasn’t open to other shareholders to take out large amounts of cash. If he wanted cash out he should have paid a dividend to all shareholders. It is in my view poor corporate governance to have allowed this high level of remuneration to Tang. When you talk of manipulation you need to be precise about what you are getting at. If someone is acting within the rules of company law then they are allowed to do so and that is done in the corporate world all the time even if we don’t like it. Tang has always been most interested in GCM which is essentially controlled by Polo and everyone has known that since he bought Dattels shares. If he pulls it off then that is Polo’s golden egg and will put everything right for Polo Shareholders. In trying to get GCM over the line he has been inventive using shares in place of cash they don’t have to remunerate the team he has put together to achieve the goal. He has subsequently used Polo shares to assist the cause which is arguable justified to assist one of its major assets. Tang’s reputation rests on success at GCM and my view is he should be allowed to play that out as we have risked so much to get to the point where submission is imminent. Tang stands to make a vast amount of money if GCM gets the green light and all shareholders will see a good return. Why risk it at this point and particularly as there is no clarity as to what the alternative is. Look at a lot of the worlds succesful business men and their attitude to corporate governance. If you succeed you are forgiven. It may not be right but it’s the real world.
888icb
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