Polaris    Last:0.001   -

Polaris really going big time!

Wondering what pushed the Price up again?

Polaris is doing well in Singapore. If the Indonesian subsidiary back in the Black then the stock should be worth much more.

if have a bit money and can keep longer term i think this will have potential to earn XXX% capital gains.

 

took it long enough. finally can see some light. 

Demostation      ( Date: 04-Nov-2015 20:30) Posted: Polaris is quite a large company with many businesses.   Currently due to its recent investment into the Trikomsel play and lost money, it affects its NAV owing to heavy loss of Trikomsel., Probably it is just book loss for Polaris but could make back if Polaris itself makes good profits. I have sold earlier, but will look for opp to buy back. Composure      ( Date: 04-Nov-2015 20:24) Posted: haha at this rate, 2cents may take years.  anyway parking $1K here until that happens or delisted

 

0.009c 

bishalnb      ( Date: 10-Mar-2016 15:26) Posted: picking up the momentum

 

picking up the momentum 

 

What are the game in play now? Always trade in 0.2lots.
Can someone help to explain?
I think is not a good sign for me

 

1c long due... all other penny stocks are already moving up...

bishalnb      ( Date: 29-Feb-2016 22:21) Posted: optimistic  view - 1c tomorrow?

 

optimistic  view - 1c tomorrow?

 

impairment for Telkomsel for 302m.. Pretty bad isnt it?

 

go for other counters. Just annouced   391m losses for FY2015!!! try HLH :)

 

Looks ok?? What's your view?

 

 

Polaris needs a second round of boost ..

 

1c is visible to me now... 

bishalnb      ( Date: 03-Feb-2016 10:59) Posted:     more, more interest ... TP 0.8c today

 

    more, more interest ...

TP 0.8c today 

 

moving up now... 

bishalnb      ( Date: 02-Feb-2016 09:22) Posted: looks like there is some interest brewing here

 

looks like there is some interest brewing here 

 

I would suggest you that perhaps keep out of this stock... i was holding it a few months ago @ average price $0.11 then their indonesia sub Trikomsel  got trouble and from there the stock fallen till no one business... ytd I decided that i should give up because there is a chance that their indonesia sub cannot make it... especially those debts... 

and after market closed ytd... there is an annonucement by their indo sub that their shares have been suspended for trading by indonesia stock exchange...... 

Given that their most assets are in the investment in associates... while i not so sure how much in their indo sub inside the investment in associates.. i do know that quite a huge amt as they paid ACQ around $149,999,903 for 13.5% of  Trikomsel and Polaris is currently holding ard 44.88% of  Trikomsel  ... for the worst case... i excluded the investment in associates...

All based on their latest balance sheet 5 Aug 2015, 
Assets exclude investment in associates: 371,130,000-324,294,000=46,836,000
Total liabilies: 11,095,000+6,834,000=24,945,000
NTA = 46,836,000-24,945,000=21,891,000
Total o/s shares: 17,053,169,818
NTA/Share = 21,891,000/17,053,169,818 = $0.0012 vs $0.006 closing on 8/1/2016

Well that is just a rough analysis... is dpend on you.. dyodd.... as i already gave up this company...

bishalnb      ( Date: 08-Jan-2016 16:36) Posted: when is this one coming alive

 

when is this one coming alive 

 

Better don't touch, this is a big big junk

acly88      ( Date: 23-Dec-2015 17:33) Posted: Suddenly someone snap up @ 0.006 the last minute. Any reason?

 

now time to move up lah.. 

acly88      ( Date: 23-Dec-2015 17:33) Posted: Suddenly someone snap up @ 0.006 the last minute. Any reason?