Polo Resources Share Discussion Threads

[johnnyrambo1] 05/6/2020 19:28

The ceo !!

[russman] 05/6/2020 19:05

Who would call a subsidiary co "Revenue Anchor".

[888icb] 05/6/2020 17:03

Nelson is dead

[johnnyrambo1] 05/6/2020 16:57

Far, very far from 40p

[888icb] 05/6/2020 15:56

5 buys at 2.60 totalling 550000 shares have accounted for most of the 766000 volume. At least there is a little activity.

[johnnyrambo1] 05/6/2020 15:52

😂😂

[failedqs] 05/6/2020 10:51

If they do a 1 for 20 share consolidation there's a slim chance!!....

[johnnyrambo1] 05/6/2020 10:29

When will polo get back to 40p ?????

[888icb] 05/6/2020 10:26

You can undertake a search at the Hong Kong companies registry but from my memory the information available is much less than from a UK company search so it won’t be very enlightening.

[russman] 05/6/2020 10:10

Maybe Tang already knows.

[glavey] 05/6/2020 07:43

What details would you expect to obtain Shawzie?

[russman] 04/6/2020 19:25

Why don't you send your excellent research to Tang?

[johnnyrambo1] 04/6/2020 16:06

We let you investigate and spent a few pennies...

[shawzie] 04/6/2020 11:36

Interested in looking for Dyani Corporation?
Has anyone spent a few pennies here - hxxps://www.mobile-cr.gov.hk/mob/ ?

[888icb] 04/6/2020 10:18

Interesting article in yesterday’s Times Business section which is relevant to GCM.
“ Coal fired plants have shut in America and Europe’ but China and India need cheap power” They are using a report by Wood Mackenzie. Last year China consumed 3.6 billion tonnes of Thermal coal (the type used in power stations)which is roughly half of global demand followed by India using 946 million tonnes “and in Asia Pacific there is still a huge amount of coal power generation being added this year.” Covid 19 could actually bolster the use of thermal coal in Asia Pacific as it is 30% cheaper to build a Coal power plant than a solar or wind powered one.
So coal remains king in Asia Pacific which is obviously very positive for GCM.
This would seem to be very relevant to Bangladesh as an Asia Pacific country closely associated with China who are the world’s biggest users of thermal coal. The International Energy Agency said last week that global approval of coal fired power plants in the first quarter of 2020 were at twice the rate seen in 2019.
If China can only afford coal fired plants you can be certain that will apply to Bangladesh.
It would appear to be a perfect time for GCM to submit the proposal For Phulbari to the Government of Bangladesh against this very favourable backdrop.

[johnnyrambo1] 04/6/2020 07:49

It will never end....until The End

[russman] 04/6/2020 07:47

Could get GCM to repay their loan to Polo.
But GCM need the cash to keep Tang's gamble afloat.
Incestuous or another conflict of interest.

[johnnyrambo1] 04/6/2020 05:37

And gp :-)

[russman] 03/6/2020 17:02

Only Dyani would support it.

[johnnyrambo1] 03/6/2020 14:35

Capital call soon???

[russman] 03/6/2020 09:04

In the last Annual Report compare Group & company cashflow statements.
Apart from paper shuffling and movements of sub loans, there is insignificant cash income.
Polo will not have the cash to pay Tang soon.
Decisions, decisions.

[johnnyrambo1] 03/6/2020 07:50

Were starting to pay dividend? To go into which pocket??? Surely not the ones of polo shareholders...

When will you understand?

[glavey] 03/6/2020 05:48

"Has Tang ever sold any Polo investment before."

He doesn't need to - he just sits and waits for them to run out of steam whilst he collects his various remunerations.


"How many of polo's 10 investments pays an annual cash dividend."

It doesn't matter, Polo shareholders would never see it.

[888icb] 02/6/2020 22:49

The oil crash was unfortunate as Hibiscus were talking talking about starting to pay dividends.