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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 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
07/3/2022 11:42 | ...and hung out to dry. | scoots | |
07/3/2022 10:26 | Shareholders suspended... | glavey | |
07/3/2022 08:43 | ljs: Shares not suspended, totally delisted. | alpal2 | |
07/3/2022 06:44 | & 100 pairs of jimmy choos. We are going to need a bigger wardrobe. | russman | |
04/3/2022 17:18 | And share still suspended | longjohnsilver1 | |
04/3/2022 08:40 | Polo convertables re-priced to match placing. | glavey | |
03/3/2022 09:15 | Just to pay their huge salary for a couple of months People are blind with this | longjohnsilver1 | |
02/3/2022 20:00 | GCM have raised some more lucre; I cannot believe it either. | russman | |
15/2/2022 21:28 | And the wardrobe is huge | longjohnsilver1 | |
04/2/2022 19:31 | 01 Feb 2022 Polo Resources mentioned as a substantial holder of PHOSCO LTD ASX:PHO (was Celamin) page 40 (pdf page 42) ==================== p.s. Polo's investment in Hibiscus now valued at $26,751,648 ==================== p.p.s. Prism making progress; "With a strong development history behind it, PRISM will be entering its commercialization stage of development in 2022 with preliminary economic assessments and feasibility studies planned for atomized and carbonyl iron powders and electric metals (vanadium and lithium), with production operations anticipated for in 2024." ==================== 2021 Asia's Most Influential" "Lawyer turned investor Michael Tang helms Mettiz, a successful investment firm with diverse interests Profile Datuk Michael Tang is the principal and founder of Mettiz Capital Ltd, a private-equity and alternative-investme A lawyer by training, Tang was a partner at one of the oldest and largest law firms in Malaysia before venturing into investment business. Through Mettiz, Tang is a major shareholder of Polo Resources Limited, which invests in natural resources globally and across sectors in Asia Pacific, as well as GCM Resources, a London-based resource exploration and development company. He also sits on the board of Tropicana Corporation Berhad, and in 2021, was elected as the treasurer of the Badminton Association of Malaysia. | fordtin | |
01/2/2022 22:25 | People won’t get anything More than one year delisted and cashing dividends from their investments with shareholders money | longjohnsilver1 | |
31/1/2022 19:14 | Polo have given GCM another 3 months. P.S You do not have to file your accounts in the public domain in BVI. | russman | |
30/1/2022 12:46 | I don't think you can get a copy of the latest filed company results from this source. If they are already filed. | bedbel | |
30/1/2022 11:17 | I haven't submitted the search form yet, but support@bvifsc.vg sent me the following reply; "BVI FSC Support (BVI Financial Services Commission) In order to receive information on any company registered in the BVI, you must submit a search request form which includes all the instructions and applicable fees. It can be found by clicking on this hyperlink Search form" "The company search also provides the following information; company name, company number, registration type, registration date, company status, status date, registered agent/office and the authorized shares as well as a list of all transactions filed with the Registry. BVI Financial Services Commission" | fordtin | |
30/1/2022 10:35 | Hello Fordtin, Good research! We know there's still a lot of value in Polo shares but the question is : will it ever come back to the shareholders? How can we prevent Tang from not transfer assets from the BVI company to other companies? Or dilute our intrests, etc. The first thing he could do to restore some faith is communicating with (certificated) shareholders! The silence since a year now is not giving confidence. At least he keeps the website online (for now anyway)but you never get an answer from the contact emailadress. And official company information from a BVI company is almost impossible to obtain. | bedbel | |
30/1/2022 10:31 | So, what can we do? | scoots | |
30/1/2022 10:18 | 29 October 2021 Hibiscus Petroleum Berhad_Annual Report 2021_Part 2 " We have reported a Profit After Taxation (PAT) of RM103.7 million, and our EBITDA has remained strong at RM380.8 million. In addition, during FY2021, the Group declared a maiden single-tier interim dividend of 0.50 sen per ordinary share, and an aggregate sum of RM9.9 million was paid to shareholders on 8 April 2021. The Board of Directors of the Company has also proposed a final single-tier dividend of 1.0 sen per ordinary share. A resolution in respect of this proposal will be tabled for the consideration and approval of our shareholders at the Annual General Meeting (AGM) of the Company to be held on 14 December 2021. We hope that post completion of the acquisition of the Repsol assets, and subject to a strong crude oil price environment, the Group will be able to further reward loyal shareholders in the future" Hibiscus 2021 dividends payable to Polo Resources = ~£371,000 Current value of Polo's Hibiscus Petroleum shares = ~£23,496,700 | fordtin | |
30/1/2022 10:18 | Dispite Polo management's refusal to communicate with their shareholders, Polo are still recognised as a substantial shareholder by Hibiscus Petroleum. Hibiscus Petroleum - Substantial Shareholders as per Register of Substantial Shareholders as at 30 September 2021 No. Name Direct No. of Ordinary Shares % Indirect No. of Ordinary Shares % Notes 1 Hibiscus Upstream Sdn Bhd 108,772,600 5.42 - - 2 Dr Kenneth Gerard Pereira 69,885,000 3.48 108,772,600 5.42 1 3 Polo Investments Limited 138,900,000 6.92 - - 4 YBhg Datuk Michael Tang Vee Mun - - 183,566,666 9.15 2 5 Mettiz Capital Limited - - 138,900,000 6.92 3 6 Polo Resources Limited - - 138,900,000 6.92 3 Notes: 1 Deemed interest by virtue of his interest in Hibiscus Upstream Sdn Bhd pursuant to Section 8 of the Companies Act 2016 (the Act). 2 Deemed interest by virtue of his interest in Polo Investments Limited and Mettiz Capital Sdn Bhd pursuant to Section 8 of the Act. 3 Deemed interest by virtue of their interest in Polo Investments Limited pursuant to Section 8 of the Ac hTTps://disclosure.b LIST OF TOP 30 SHAREHOLDERS AS AT 30 SEPTEMBER 2021 No. Name No. of Shares % of Total Shareholdings 1 CIMSEC Nominees (Asing) Sdn Bhd CIMB for Polo Investments Limited (PB) 138,900,000 6.92 | fordtin | |
25/1/2022 10:41 | Only believers still believe in this Massive dilution to come | longjohnsilver1 | |
25/1/2022 06:39 | GCM said it would raise further capital by end of Jan 22. Tang Time. | russman | |
19/1/2022 20:34 | More than one year that this is finished… | longjohnsilver1 | |
19/1/2022 19:24 | if GCM does not refinance the Polo loan by relisting, we are finished. | russman | |
19/1/2022 12:05 | re: "GOB do not want coal." My view is that GOB do not want GCM to benefit from the coal and are prepared to let the populace suffer electricity shortages. I think that if GCM walk away, very quickly there will be new 'owners' who will then benefit from the utilisation of the resource. I did think Tang did the right thing by bringing in the chinese but that doesn't seem to have worked despite the extension on MOU. My most optimistic scenario is that GCM does get go-ahead for coal power station financed by China. On the back of this, GCM does reverse takeover of Polo. I can dream, can't I? | alpal2 | |
18/1/2022 18:16 | Tang has no choice; he has to reverse Polo into GCM. | russman | |
17/1/2022 16:42 | It won’t be long before delisting | longjohnsilver1 |
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