Polo Resources Share Discussion Threads

[johnnyrambo1] 22/8/2020 09:18

The last part could be considered as FAKE NEWS....


Polo Resources Limited (AIM: POL) invests in natural resources globally and across sectors in Asia Pacific

We select, acquire and manage investments in businesses and assets with strong value enhancement potential and attractive growth prospects, to deliver value-adding returns to our shareholders.

[russman] 22/8/2020 05:19

Polo has had ample opportunities to remedy its corporate governance failings.
Polo could have also improved its shareholder communication.
The share price is conjecture.

[johnnyrambo1] 21/8/2020 16:09

One can hope....

[hodhasharon] 21/8/2020 16:02

This is going to hit the top of the leaderboard on next week.

[johnnyrambo1] 21/8/2020 16:00

Pump and dump??!!

[glavey] 21/8/2020 15:39

Big Frankie,
"Please feel free to correct me if I am wrong..."

Yes, you are indeed right. A consolidation, not a split.

I believe the ADVFN chart which shows 200p has been corrected for that. That is to say the 200p is relative to the present day s/p. Do you agree 888?

[glavey] 21/8/2020 15:22

Ah, there we go, a trader popped by to give it a little push.

[american idiot] 21/8/2020 15:15

New Nomad RNS on the way.........

[glavey] 21/8/2020 15:12

"Polo Up 10% and number 19 on the leaderboard on volume of 2 million."

Interesting as it is to watch the share price movement of a small cap. from minute to minute it's quite the case that things are not always what they may seem.

[hodhasharon] 21/8/2020 15:11

Looks like this is going re-rate to around the 4p mark. No idea why, just going by price action and volume signatures.

[glavey] 21/8/2020 15:02

I'd suggest they don't desire to. But why not send them a message and ask? It wouldn't do any harm.

[russman] 21/8/2020 14:57

My question is why Polo does not publish the voting figures for today's AGM?
I cannot think of any excuse.

[glavey] 21/8/2020 13:51

mickmack,
"Seriously Glavey you are posting your judgement that Polo are breaking AIM rules with no evidence whatsoever, just what you think?"

You are providing no useful input and showing yourself to be an idiot. I should stop now.

[glavey] 21/8/2020 13:48

888,
"When you say trolls one could speculate in the way the trolls speculate about Polo Tang and Dyani that there is only one troll. It has been clear for sometime that Apfindley and Johnny Rambo have many aliases. Apf at times being slightly more coherent than the JR character but what about the appearances of Glavey and Russman. Could they all be the same person?"

I would have thought this level of post was beneath you.

[glavey] 21/8/2020 13:42

Up4itt,
"Malaysia is not so far away from where I am sitting"

Ahh, in which case you might be in a position to attend the AGM somewhat more easily. Did you perhaps? (My earlier comment was reflecting Polo's UK listing base, of course.)

Whilst I am not a regular reader of Malaysia Tatler myself I take your point. I guess one should also have in mind the lengths that some will go to in an effort to maintain 'face'.

The 'hope' that you hold for "small shareholders" would seem to rest on the good fortune of consequence whilst their voice is attenuated further, one way or another, over time.

[russman] 21/8/2020 12:54

Considering the circumstances, Polo should abide by AIM rules and publish the AGM resolution votes.

[big frankie] 21/8/2020 12:53

888ICB, Please feel free to correct me if I am wrong but my recollection is that the share split was, that every ten shares owned would be consolidated to one.

Therefore those who paid 50p for POL shares in 2011, and still hold them, now own 10 times fewer shares worth less than 2 pence each.


Apologies if I am mistaken.

[888icb] 21/8/2020 12:37

Who are you. Who are you. Your not singing anymore. That is all the response you need.

[888icb] 21/8/2020 12:33

Polo Up 10% and number 19 on the leaderboard on volume of 2 million.

[888icb] 21/8/2020 11:28

Your desperate attempts to paint Polo in a bad light become ever more pathetic particularly with regard to the share price. Everybody knows the share price is ridiculously low and bears no relationship to the true value of the NAV per share.
Why are you so pathetic as to try and suggest that the share price has fallen from 200p to 1p.
Yes the share price did spike to above 200p briefly in 2008 and the spike was from about 120p.
There was then a 10 for 1 split So any legitimate comparison with today’s share price has to take account of that such that 200p becomes 20p. So someone who bought on the spike effectively paid 20p or if someone took profit on the spike they received 20p.
Following the split Polo raised £80 million at 13p per share.
Interestingly when Phronimos started there campaign they suggested that Polo could buy back Polo shares at 12p per share. So not far off the price Polo raised that money in 2008 and since then Polo has issued 2 special dividends.
The share price is an issue but Polo itself is still a valuable company trading way below its NAV.
Success at GCM will return it to a much higher share price one would expect.

[888icb] 21/8/2020 09:03

The next step is the new Nomad. You haven’t got a clue as has just been made clear by the agm result. Jog on you loser.