Member Info for okfornow

I do not believe the short term needs of us shareholders are uppermost in polo managements mind.The timing of special divi although welcome is probably premature when looking at the bright prospects of hib pet. The share price may go to somewhere round to 2 to 2.5 Malaysian dollar if oil price remains high. A share price collapse from present level seems unlikely as an increase in bpd is baked in to the future expansion. I hope to see great things here sometime in 3 to 5 years. Sort of given up hope with GMC, it looks impossible to deal with local government. More likely Prism will offer more excitement as its mineral assets become highly sought after. Probably not for day traders but maybe medium term things here will be just dandy.

Probably profit taking, but hib pet down at 1.26 at present. Polo still sitting on huge paper profits. GLA

Over13.5% that's immense I suppose this will put off buyer's and catch all the 4p stop losses. I may be wrong but perhaps some cheap shares are wanted.Still do not see any real reason for concern about state of company. Most metrics are moving in the right direction. Break even point and profit may have been delayed but these are difficult to accurately predict in such a newly put together business. It can take time to fully integrate newly purchased assets. GLA.

Recent news has in the main been good. Putting the share price to one side the current most important focus for 7 dig must be maintaining and improving customer satisfaction and winning new large contracts. The world wide market for the services 7 dig provide is huge and growing so I think adding on the dips would be a good strategy rather than selling on a whim on no recent evidence. I imagine any shares sold at current low prices will soon be mopped up. When possible I hope to buy but as always do your own research. I think in 12 months assuming company sticks to the program all will be well.

In the RNS it can be seen that a large part of the losses are due to depreciation and amortisation. The later of these relates to total write down of software and digital assets over just 3 years. Due obviously to the short asset life unique to these type of businesses. The cash burn which is being used to stream line the operating platform will end in a few short weeks resulting in a more efficient and leaner system. Once the savings come through everything changes even without the growth coming along within the current contracts. The darkest hour etc. I'm going to keep calm and carry on. One last point there is a whole heap of money in the share capital account!

Both of these needed for time being. As stated on previous post much credibility lost after free shares award. Some shares do great just on some half baked idea, I think this share will only progress on real profits banked or super contract wins. Remain optimistic after reading latest RNS, but consider upward share price will occur later rather than sooner. Product and outlook still look great. Look forward to next news announcement. GLA.

Who knows Mr. Tang's mind, I don't. But with hibiscus petroleum the current Warren Buffet strategy of buy and hold is working very well. Sometime in the next few years a better picture of investment opportunities will become clear. At the moment patience and belief should carry the day. If a quick profit is needed I would suggest selling and buying elsewhere. The Canadian assets which are soon to be developed are probably the most exciting prospects for the future. GLA and let's hope the captain here improves trust issues and employs good corporate governance for the benefit of us all.

Hib Pet up again around 4% so far today, this company is adding serious value to market cap of polo. I think at next financial report there will a large increase in NAV unless their is a collapse in current oil price. I have a large holding here and the present share price is disappointing but there is obviously great assets in this company. Will continue to hold and may add soon,but would like to see a positive RNS sometime.

Would like to hear news about financial gain to be made from partnership with Sound Hound, especially in the light of their large contract win with PSA. Maybe this will be bundled in with other new contract wins. I feel some good news could come any day. But hopefully not tomorrow as Friday news can often get ignored unless it's bad.

Read last night that Sound Hound who have commercial partnership with 7dig have won in car entertainment contract with French PSA group starting in 2020.This could be a significant growth area in the next few years. Hoping share price holds from here but still unsettled by yesterday's rerate. Let's hope for a speedy turn around. I think this company is going to have a sustained period of good news to convince market of true worth. GLA.

Things look great for hibiscus petroleum but today GCM took a big hit. Always thought we would eventually get the green light on the project but now not confident. I think it probably won't happen and in a few short years will be seen as a big mistake. Bangladesh govt should be carefully mining local resources and burning fuel with the most up to date technology. As usual bad policies receive approval from a bunch of useless politicians in my humble opinion. Wait to be pleasantly surprised sometime over the next 10 years in my early retirement!!!

A few trading days ago 6p and just under was being paid. Don't understand rapid change in fortunes on no news.I can't imagine much downside from here but confidence has been undermined. Without some contract wins it may take some time to regain recent losses. Some recent large buyers have already sustained sizable paper losses.Hopefully management will respond by implementing good business practises and growing trust in Our company.

Just seen large buy of 555.555. Big share price movement always good for traders. This drop also gives a great buy in for people looking for a bargain. Will consider more purchasing if we suffer a further 10%Drop.GLA holder's

Quite hard to remain upbeat as a long term owner and holder. I was surprised share price differ suffer more when free shares announced. I think the timing was dreadful maybe best to wait 12 months after some good results having been posted. Now sadly gone from break even to about 15%down.My prediction of 7p by year end perhaps will prove wrong. Will hold coz I think turnover increases and profits will come thru. I do think a large correction today on no news is designed to intimidate shareholders rather than be a reflection on present and future prospects. It is not like we suddenly have been given some bad news to digest. Will hold and wait for bounce even if a dead cat!!

Looks like we are in a slight bear market for 7dig.lt seems an indication of good news was given and has not yet been delivered. This gives the MM's a great excuse to undermine share price. I am sure good progress is being made but some upbeat news is needed soon to renew confidence. I still hope and believe big news will come by Sept end. GLA holders.

Perhaps Warren Buffet has cashed in his chips!!

Basically no cash is being taken out of the business but shareholders are taking about 3% dilution over the next 3 years. This is bearable as long as no more freebies are forthcoming. I think the timing is extremely unfortunate as a sustained period of re building was required to regain trust. We have seen markets punish company value with all trades now being sells. Now more than ever we need good news soon and an improvement in performance. Holiday time over, focus and intelligent work now required to secure rosy future. GLA.

Not happy with gift of shares to themselves, especially after last few months. I feel they should have waited till profits achieved and proved. I suppose their current pay is OK but all at the top justify pay increase by saying look what others are taking. For me at the moment I take a pay cut when diesel price rises. Grr!!!

I have just broken even so am more interested in waiting a year or many to realise some decent profits but if I had bought at 4p it would like quite good on profit and loss book to sell now especially after stress of share being suspended.

Looks like some who bought in at last capital raising want out. If price holds then all to the good. Hope and feel confident we will have news of contract wins before end of next month. GLA.