Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Polo resources not BLK
Estimated NAV now above 20p according to Hargreaves Lansdown
If the rest of the stocks in the portfolio can live up to even half of their potential POLO could really be a great bagger, depending on your average of course. I know Simon Thompson tipped this in I.C. a whilst ago but to be fair nobody had any idea just how far commodities/oil etc would fall and also the portfolio has been re-positioned since. Still say SP definitely worth north of 20p. Are we saying end of year as in end of 2016 and not financial year? If so I would like to predict, with the Santa rally, the SP will hit 11p starting profit taking thus ending the year at 9.95p creating a new resistance level going into 2017. Any takers?
I may have to revise that SP prediction as the ask has hit 7.00p already. Don't have a problem with my prediction being way of at all.........................
Anybody fancy a stab at the end of year S.P ? Without tempting fate and without any major news I'm going to say 7.00/7.50 range. Any takers?
I would have thought this was good news. More money to develop and speed up. Bit vague I know, apologise in advance but I think it was on ADVFN that I read some comment re-posted from one of the directors that the company were looking for capital to develop/grow another part of the mine infrastructure. Again apologises useless I know but someone will know what I mean and can hopefully re-post it here. What I'm getting at is the news was already in the pipeline which means they've probably secured the funding and can now expand so thus news should be taken as positive. Sorry for the waffle! We'll find out soon enough anyway.........
Blackham making fantastic progress. Wished I had averaged down just a bit more but shouldn't complain really. This will kick on again after the first gold pour etc. Looking at the 3 + 6 months chart POLO SP is well on its way to recovery. it should be minimum north of 20p. Hopefully the rest of Polo's interests can kick on a bit which will put a rocket under this. Sentiment is definitely now positive and forward looking as the usual deramping morons are really silent or have closed their shorts and moved on..... ;-))))))
Looking back at the 6 months and even 1 year historical charts shows the SP is heading in the right direction. Nice and steady. Looks like good portfolio repositioning and commodities sentiment. This may still live up to its multi bagging potential yet...........given time. Maybe time to cut WTI loose?
This is still way under valued but gradually recovering which is what you want. Daily spikes and troughs are not conducive for long term value building and true reflection of value. The NAV is sitting around 20p and rising so there is a good discount at the moment. As I've said before the SP should well be in excess of 20p. A good bit of news will provide momentum which attracts others and there is certainly the possibility of very good news if events pan out. If Tang over paid at 40p then he knows he can still make money at that price or he wouldn't have bought, admittedly before the commodities crash and Ebola but the portfolio has been adjusted and a recovery is now being staged. One thing I've noticed about the wealthy.............they are not very good at losing money.
Investors beginning to realise what at little gem this could be. Is still way oversold. The value buys that the team picked up are beginning to bear fruit. Sp should recover to 20+ I would have thought given time.
I'm confused. The broker rating red dot is flashing but...........
With the commodities having recovered relatively surely we should be pulling a bit of money back into POLO. Mr.T and the team must be confident if they are taking bigger stakes in our current investments. Perhaps an update on the health overall would be seen as positive by the market and attract some interest? We need a bit of momentum now.
£0.40 that should have been
Hopefully this is the start of a turnaround for POLO. This share is still massively undervalued I believe. If Tang bought in at 0.40p I still believe he thought he could raise that value, albeit before the commodities crash, but still there is way more value in the share price than 4/5 pence. Celamin should be ruled in our favour. Hibiscus should be ruled in our favour. Ironstone are diversifying because of market conditions. Don't know enough about the invention they have. Blackham should prove to be an excellent investment. Weatherly has improved massively. GCM:- cautiously optimistic. I believe the political landscape is changing. If/when GCM gets the go ahead the share price will rocket massively. So looking forward I believe we have some good reasons to be optimistic with our investments in the current commodities cycle. The investments are well diversified and are being positioned for the next cycle change, whether that be in the short/medium or long term but as sure as night follows day there will be a turn around in the commodities sector. Be patient. Everything comes to those that wait...............
To some it up. Some of our investments seems to have trouble because of third parties etc. Is this the tactics of Tang and co. Buy really under valued companies on the cheap then iron out the problems and realise the massive potential. Could be a very shrew bunch after all. Just my opinion of course
I give up
My post didn't register, strange
Well, well, well maybe the tide is turning for our investment in GCM. The sentiment appears to be turning.
I've been reading a bit into GCM. I see Tang somehow conjured up £3 million to keep GCM going. Is this to fund the company to the next Bangladeshi general election and hope there is a change of government? Last throw of the dice for our investment in GCM perhaps? Is there ANYWAY possible of making any money from this disaster of an investment?
Can anybody tell me why the new broker rating is dated 5th April 2013? At least its a buy though. I thought all being all is was a pretty positive RNS with plenty of "green shoots" emerging from the ashes of the commodities crash. Hopefully this year we will get good news from GCM and Celamin.