Member Info for Airdrie

By the way the NAV needs updating. The discount has slowly but surely been narrowing for a while now as well. Looking forward to your post Monday MAsterBaker. Maybe someone who is better informed can explain to the new guys about the potential of Ironstone. I'd also say this might be a better home for your profits than the very volatile GCM. Also diversity spreads the risk.

Before the crash the SP was around 21p. Look at the 1 year performance. Polo heading onwards and upwards. It's pretty hard to judge a fair value due to the potential of its holdings. I was thinking min 21p but with GCM now looking it's a goer I'd say more. If Tang wants the SP higher all he's got to do is issue the divi again but I believe we're are in an asset accumulation phase so the money will be re-invested. Does anyone know if the performance fee is still being skimmed? I averaged all the way down to 7/7.5 so I'm now looking at breaking even. I'd say excellent price to get in at. Then leave it for 5 years to see what's going on with GCM and Ironstone. You might find Ironstone could be the big beast that really turbo charges the SP......oh and a commodity rally usually helps as well. Aren't us Brits and the Americans about to go on a building spree......

Others will correct my mistakes where needed. Dattels sold Polo to Tang just before the commodities crash. Was also massively tipped by Simon Thomson in investors Chronicle. Look it up for his analysis. Tang bought circa 40p we were told. He bought Polo to get the GCM stock. It all went south so he had to reposition the portfolio which he done reasonably successfully. It's ok investing in undervalued companies but you still need to make money to pay the bills in the meantime. Hence the new investments. The undervalued investments are just beginning to start get going, long long way for them to go yet but Tangs plans are beginning to bear fruit. Brief history lesson over.

Was on the lash for the last two days and didn't bother looking in.... missed all the bloody fun. Unbelievable I thought I'll have a peak today and see what MasterBaker has posted Friday. Weird, massive tranche of posts!!!! Then I get all this good news. Ah well made my hangover a bit more bearable

WTI, Hibiscus, Blackham all looking good. Resources and commodities coming back into favour again. C'mon Polo let's see this SP rise to where it should be.

The cheeky Ursurper. Well reprimanded.

The Heathrow decision today shows May means business and industry will move forward. Asking locals how the shale wealth fund should be spend is a pretty clear message the fracking is going ahead no matter what. Gas is the answer to meet the carbon reduction targets until clean energy tech become cost effective. It's just a question of now how the money gets shared out. Even if labour wins the next election, though doubtful, they wouldn't and can't afford to knock back tax revenues and get rid of jobs. Political suicide. So even though at the moment they are, in public, against fraccing, behind closed doors they want it just as much as anyone. Fraccing is the future of Britains energy needs and is here to stay. IGAS is beautifully positioned.

Nice steady rise. Polo SP making a healthy recovery. Double figures shouldn't be far away. Looking good folks.

intriguing. Hopefully they're buying because they have some tasty bits of info under their hat. Beginning to think about topping up again.....

Directors filling up their boots.

Well that is good news. Celamin won the arbitration so the assets will be returned and hopefully with damages. Another one in the portfolio that's come out the other side. Onwards and upwards!!! Did I see some "analyst" marking Polo down as 14p in the near term??? Very easily possible, although I bracket analysts in the same bracket as economists...... Would have thought medium to long term it should be at least, at least >20p. The NAV must above 20p by now. Just looking at the 12 month sp graph:- looking good.

Excellent, Slowly slowly catchy monkey.

OPEC deal news should boost our wee oily plays profits.....

I was too hasty there. The investment in GCM is still alive and kicking. Just treading water and waiting. What's holding the government back from giving the go ahead then.

No surprise there really is there. I think we all gave up on GCM a while ago. Even Mr. T and team repositioned the portfolio a while ago hence the Indonesion coal investment.

MB I've lost count. Is it 5 days now :o)

6 days or less?

Ridiculous isn't it

LSE showing 361 shares traded at a value of just over £20. MM's are on the wind up surely. Cheeky sods

Something strange going on. Why the drop in SP with only 2 trades showing with minimal amount of shares???? MM's trying to trigger stop losses to allow someone to get in cheaper before next bit of good news? Does seem strange