Significant profit may be recognized for its Q4 just ended 30/6/16 as its Hometree phase1 has just been completed. Bonus issue/warrants on the card ??

https://www.facebook.com/www.hometree.com.my/videos/1229801270387293/?video_source=pages_finch_main_video

NTA of the company is 64 sen. The company held RM 526mil cash as of 31.3.16, but the market valued the company at 433 mil based on its closing price of 39.5 sen. Hopefully there would be some corporate raiders to take over this company...

http://www.thestar.com.my/business/business-news/2015/06/10/land-and-general-expands-landbank-in-selangor/
Still not concluded??

TP: 78 sen
http://www.theedgemarkets.com/my/article/cimb-vivocom-immediate-focus-ceo-tenure

http://www.thestar.com.my/business/business-news/2016/07/12/vivocom-proposes-1-for-4-bonus-issue/

Substantial losses may be recorded for FY2016 when it starts disposing its manufacturing machinery and equipment later which may normally fetch 'scrap' value only? Typically the buyer or the original owner will get to buy the assets for a song.....minority shareholders to be disappointed again?....later another cash call for undertaking new business? ....sigh....

http://www.theedgemarkets.com/my/article/ml-global-quit-its-roof-tile-business-focus-construction

http://klse.i3investor.com/blogs/kenangaresearch/99704.jsp

Target Price: RM1.73

Tropicana is better and more profitable in buying lands and selling them for good profits within a reasonably short time frame. It has been consistently making a lot of profits from buying & selling lands in the past few years. It's just too pitiful for no research houses even ascribing much value to this special ability in buying low & selling high in land banking. It seems that most research houses only like operating profits and treat the gain from land disposal as if it is not real profit (or cash) though they typically cite that the disposal gain may not be recurring in nature. Sigh...

http://www.freemalaysiatoday.com/category/nation/2016/07/08/sale-of-land-nets-tropicana-rm55-5-million/

http://s201.photobucket.com/user/chingfui/media/IMG_20160418_145530.jpg.html

http://www.theedgemarkets.com/my/article/tropicana-corp-astral-supreme-mrcb-tiger-synergy-warisan-tc-xin-hwa-yong-tai-microlink

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5138625

Profit can be recognized in Q4 just ended today on 30.6.16 with the sale of the office tower being concluded.

Astoria Ampang was officially launched in April and currently enjoys up to 80% in sales for the first launched tower.

On another note, Land & General will also be launching Damansara Foresta Phase 2, Bandar Sri Damansara and Sena Parc, Senawang in the third quarter of this year.

http://www.starproperty.my/index.php/articles/property-news/astoria-strikes-a-balance/

http://www.thestar.com.my/metro/smebiz/news/2016/04/15/urban-tranquillity-upcoming-serviced-apartments-to-feature-various-facilities-amidst-green-landscape/

http://www.theedgemarkets.com/my/article/vivocom%E2%80%99s-long-term-prospects-remain-bright

http://klse.i3investor.com/servlets/stk/annshrtxn/5401.jsp

http://www.theedgemarkets.com/my/article/bandar-malaysia-sets-chinese-banks-led-fund-finance-massive-project

Gearing up with more loans again for this JV ?

This company is merely valued at RM307 mil only @ 89 sen/share. To know how undervalued the company is, one has to look at some of its land bank in Klang stated in its annual report. For example, it has a 109 acres of freehold development land valued at RM204,000 only!!! No typo here. Many of its development land plots are way undervalued based on its annual report.

However, this is a counter to be kept for next generation as the current management team is kind of sleeping & not dynamic enough to unlock the value of its good land bank at a faster pace. If the management team is not capable of managing a few more projects at the same time, they should at least monetize a few cheap land bank to unlock the true value of the company and settle all the bank borrowings instead of incurring interest expense unnecessarily. Not declaring any cash dividend for FY 3/2016 is obviously not welcome by its long term loyal & retiree shareholders.

This counter will fly if there is a new and more dynamic team to take over the management.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5121601

http://klse.i3investor.com/servlets/stk/annchdr/7183.jsp

Director keeps buying.....

http://invest-made-easy.blogspot.my/2016/06/potential-rise-in-crude-oil-price-is.html

Tropicana, together with Hong Leong Industries Bhd, MMHE and others have just been added as component stocks of the MSCI Malaysia Small Cap Index on 1 June 2016. Let's see if it can attract some fund managers' attention in the next property recovery phase.....

Its finance & brand name management team and corporate communication team have to wake up and work harder............otherwise, hire a better team instead to do the job.......

http://eupe.com.my/investor-relations/group-five-year-summary/

KUCHING (Thursday, 26 May 2016), Sarawak Cable Berhad (SCABLE – Stock Code 5170)
had its Annual General Meeting (AGM) held on 26 May 2016 with all the proposed agenda
approved by shareholders.

On the same day, the Group announced it recorded an unaudited revenue of RM364.46 million
and pre-tax profit (PBT) of RM5.77 million for the financial quarter ended 31 March 2016
(1Q16). Commenting on the results, the Group Managing Director, Mr Aaron Toh, is happy to
see that despite the slowdown in economy and less favourable market conditions during 1Q16,
the Group managed to record a profit after tax (PAT) of RM3.91 million.

Mr Toh is cautiously optimistic on the Group’s outlook for FY2016 supported by an order book
in hand of around RM1.38 billion, of which, more than RM500 million is from manufacturing
division while the remaining is from the on-going projects. He asserted that sales revenue from
manufacturing division will see accelerated growth towards Q2 and Q3 of 2016 and is confident
that this division shall out-perform that of FY2015 which recorded sales of approximately
RM900 million. In terms of project division, continuous efforts in bidding for new project has
always been on-going and is expecting to sustain the contribution from this division despite
some delays in tenders during 1Q16.

"Riding on continuous infrastructure developments under the Sarawak Corridor of Renewable
Energy (SCORE) and the potential spins-off demands from Pan Borneo Highway development,
the Group foresees further boost in its order book from potential participation (whether directly
or indirectly) in the related electrical packages as well as installation works."
The Group is also on the move to increase its export sales and readying its mini-hydro power
plant in Indonesia for commissioning by Q4 this year to increase its revenue from overseas
operations.

Mr Toh further commented that the total cash dividend declared for FY2015 is totalling 6 sen, of
which an interim dividend of 1 sen was paid in 2015 and the final dividend of 5 sen shall be
payable on 29 July 2016 with the entitlement date set as 1 July 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111697

Just completed the RM140 mil sale of Plaza Dijaya. Gearing ratio lowered again.

http://www.theedgemarkets.com/my/article/tropicana-corp-finalises-land-sale-deal-johor

KUALA LUMPUR (May 30): Tropicana Corp Bhd is in the midst finalising a land deal in Johor.

In an announcement to Bursa Malaysia today, the property developer announced that its indirect wholly-owned unit Tropicana Desa Mentari Sdn Bhd had entered into a heads of agreement with Terran Property Sdn Bhd.

According to the announcement, the deal could be a land sale or the granting of development rights to Terran Property and its related parties of the freehold land measuring about 131.964 hectares in gross area in Pulai, Johor Bahru.

The agreement is subject to adjustment for the existing water tank or reservoir on the land, the existing transmission tower and electricity pylons erected on the land plus any acquisitions of land designated for highway use by the relevant authorities, and such other deductible areas as mutually agreed by the relevant parties and stipulated in the definitive agreement (where applicable).

Tropicana Corp shares were unchanged at RM1.02 today, for a market capitalisation of RM1.46 billion.

(The book value of the above land bank is around RM0.5 billion as per its annual report.)

Astoria Ampang was officially launched last month and currently enjoys up to 80% in sales for the first launched tower.

http://www.starproperty.my/index.php/articles/property-news/astoria-strikes-a-balance/

https://www.youtube.com/watch?v=St9eJmhIy1A&feature=youtu.be

Bonus issue????

http://www.theedgemarkets.com/my/article/construction-biz-drives-vivocoms-1q-earnings-27-times-mulls-bonus-issue-free-warrants

Some more corporate exercise in the pipeline .........??
http://klse.i3investor.com/servlets/anpth/1153278.jsp

more than 80% steep discount in ......
https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-xap1/v/t1.0-9/13062267_1109245865762105_2122962239462515007_n.jpg?oh=7412722046dccb55591c930013d78b8e&oe=579EE7DB&__gda__=1471340770_981b1c1c4ea200e20c683143b3490877

http://www.theedgeproperty.com.my/my/content/foreign-investors-malaysian-property-analyst

http://www.tradesignum.com/chart/halex

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5055261
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5055257

Whilst its gearing keeps dropping arising from disposal of assets, its share price also keeps dropping..??

Sigh..............

http://files.jbtalks.cc/attachment/forum/201604/08/141849a3q33pu6suaus6cu.jpg

TP:48 sen 2016
TP:68 sen 2017

http://klse.i3investor.com/servlets/ptres/34914.jsp

http://www.thestar.com.my/business/business-news/2016/04/01/prasarana-withdraws-suit-against-scomi-transit-as-notices-defective/

http://m.thesundaily.my/news/1744887

AmInvestment Bank expects the award of the tunnelling contract to be imminent along with two more viaduct packages expected by mid-2016, which have been tendered, following the award of the two viaduct work packages for the second mass rapid transit line (MRT Line 2).

“We expect the MMC-Gamuda JV to be a firm favourite as the only local outfit with tunnelling expertise, while Kimlun would again be in the mix for the tunnel lining segments,” its analyst Mak Hoy Ken said a report yesterday.

He also noted that Malaysian Resources Corporation Bhd’s (MRCB) transformation into a bumiputra-controlled PLC could see the group vying for various packages under the bumiputra category.

http://www.theedgemarkets.com/my/article/tropicana-plans-rm172b-new-launches-year

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5042829

http://www.theedgemarkets.com/my/article/george-kents-4q-profit-more-doubles-rm199m

Just for sharing, the article said that GOB will have a net cash position of 55 sen per share (after paying all the bank debts) upon receipt of the sale proceeds from disposal of Da:men mall.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5041097

http://www.theedgemarkets.com/my/article/eco-worlds-1q-net-profit-jumps-676-times-rm2067-million

http://www.theedgemarkets.com/my/article/lbs-bina-starts-transformation-zhuhai-international-circuit

Spending more money to upgrade the circuit?? Will the circuit make money or not??
Why didn't the company shed more light on the circuit's past financial performance and profitability?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5033137

Why can't KEB terminate the share sale agreement???
How many times it has extended the deadline???
Anybody investigates such transaction??

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5033005

Why can't KEB terminate the share sale agreement???
How many times it has extended the deadline???
Anybody investigates such transaction??

http://www.propertyguru.com.my/new-property-launch/reviews/lumi-tropicana-petaling-jaya-126073

The overwhelming response to Lumi Tropicana on its launch day which resulted in 80% of its units being sold out within less than a week of its launch is evidence that this is a project of quality that buyers have been waiting for.

http://s1044.photobucket.com/user/yauproperty86/media/10398545_603426826472106_2597467840296664279_n_zps36ophs2m.jpg.html

Crowd at the launchng of Novum.

http://www.thestar.com.my/business/business-news/2016/03/19/bulls-making-a-comeback/

Sir John Templeton said: “Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.”

That was true seven years ago, 50 years ago, and definitely just as true today.

Logically speaking, what comes down must go up.

Earnings can still be nasty, but doesn’t the market always behave a year forward. At the heart of it all, the market is made up of buyers and sellers. All it takes are a few buyers during a down period to sniff out an opportunity, and suddenly, the market is edging upwards.

It’s the same story with oil prices. Do not expect the coast to be completely clear – for example no more excess inventories, oil demand significantly outpacing supply or the Organisation of the Petroleum Exporting Countries (Opec) deciding to cut production by 50% – before we see oil prices moving up.

By the time these signs are crystal clear, oil prices have made new highs months ago.

In any case, last week the International Energy Agency (IEA) said that oil prices had bottomed out due to US and other output cuts outside the Middle East-dominated Opec.

The US rig count fell for a 12th straight week last week to a total of 386, its lowest since December 2009 as drillers continue to slash capital expenditure.

http://klse.i3investor.com/blogs/www.eaglevisioninvest.com/93351.jsp

Property developer Global Oriental Bhd (GOB) has lowered the disposal price of da:mén shopping complex to RM486.84 million from RM488 million due to the adjustment made in the number of car park bays.

GOB also said the payment of first half of the fourth instalment has been revised to six months after Jan 4, 2016, which was the date the purchaser received notice of the Certificate of Practical Completion (CPC), instead of six months after the date of issue of CPC on Nov 30, 2015.

Meanwhile, the payment of second half of the fourth instalment has been revised to 24 months instead of 18 months after the date of issue of CPC.

These amendments have been made to the conditional sale and purchase agreement that GOB had on Sept 17, 2015 signed to sell the five-storey shopping mall with a lower ground floor together with 1,672 car park bays to Pavilion Real Estate Investment Trust. The sale is expected to be completed in the first quarter this year.

(source: The Edge Markets, theedgemarkets.com | March 18, 2016 : 9:50 PM MYT)

http://www.theedgeproperty.com.my/content/eupe%E2%80%99s-novum-south-bangsar-70-units-booked-launch

http://www.theedgeproperty.com.my/content/eupe-plans-november-launch-south-bangsar-condos

http://www.theedgeproperty.com.my/content/eupe-sees-opportunity-slowdown-first-kl-project