TROPICANA CORPORATION BERHAD

KLSE (MYR): TROP (5401)

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Last Price

1.20

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


9 people like this.

11,004 comment(s). Last comment by DreamGuardian 2 weeks ago

Kai Chun

27 posts

Posted by Kai Chun > 2014-12-30 20:03 | Report Abuse

T+3 today. tmr will be rebounce higher and higher. tmr morning is time!! woohoo~~^^

jay_cwk88

484 posts

Posted by jay_cwk88 > 2014-12-30 22:21 | Report Abuse

wohoo~~~~!!!!!

Posted by surewinmoney > 2014-12-31 10:12 | Report Abuse

wohoo.... drop drop drop :)

jay_cwk88

484 posts

Posted by jay_cwk88 > 2014-12-31 15:56 | Report Abuse

Omg..Drop again..I got a lot of call warrant in hand..end of February expired

Posted by surewinmoney > 2014-12-31 16:18 | Report Abuse

then u cham liao. they purposely con ppl punya

Posted by PakChuiCheng > 2015-01-01 22:04 | Report Abuse

Very bad person the ceo.

jay_cwk88

484 posts

Posted by jay_cwk88 > 2015-01-01 23:50 | Report Abuse

Tmr up up up~~~

luckyman

720 posts

Posted by luckyman > 2015-01-03 21:55 | Report Abuse

http://www.tropicanaaman.com.my/

jay_cwk88

484 posts

Posted by jay_cwk88 > 2015-01-06 22:23 | Report Abuse

still going down =.=

Posted by PakChuiCheng > 2015-01-12 08:34 | Report Abuse

Today down again. Who predict up?

Posted by Fongfeikei > 2015-01-12 19:35 | Report Abuse

Who buy who die.....

Posted by Fongfeikei > 2015-01-12 19:36 | Report Abuse

Those who warn were right...he play your backside...danny tan is king ....your money is his money....you put here he eat you

Posted by Fongfeikei > 2015-01-13 08:25 | Report Abuse

Only stupid people will buy this share....how many times ppl want to get cheated before they awake

Posted by Fongfeikei > 2015-01-13 08:25 | Report Abuse

This counter died 2year ady

Posted by Fongfeikei > 2015-01-13 08:25 | Report Abuse

Ham yee

Posted by FourSeasons > 2015-01-19 15:38 | Report Abuse

Rumours - sale of asset announcement coming soon....

Posted by PakChuiCheng > 2015-01-20 13:47 | Report Abuse

Don't listen to rumors, Danny want to eat more

Posted by PakChuiCheng > 2015-01-20 13:48 | Report Abuse

This is ham yee as said by Fong. Danny money is coming fr all of us. He treat this as business and shareholders are paying him wor

origins

68 posts

Posted by origins > 2015-01-22 17:35 | Report Abuse

Counter should be going to above RM 2 after asset announcement

Posted by PakChuiCheng > 2015-01-23 19:21 | Report Abuse

Something happening with ham yee the last 3 days. The buying queue very solid

jolie2

2,039 posts

Posted by jolie2 > 2015-01-23 19:47 | Report Abuse

the ham yee may bounce back alive soon.
time to accumulate to enjoy another round of surge.

Posted by PakChuiCheng > 2015-01-23 19:55 | Report Abuse

This one my first ham yee come alive

jolie2

2,039 posts

Posted by jolie2 > 2015-01-23 20:06 | Report Abuse

watch this you tube ... Salted Fish (ham yee) Comes Alive

https://www.youtube.com/watch?v=KVsQzpJU7pc

Posted by PakChuiCheng > 2015-01-24 10:55 | Report Abuse

Wah Wah wah.....Kekekeke
Mua give water wor

Posted by PakChuiCheng > 2015-01-26 18:54 | Report Abuse

Wah Jolie , I think tomorrow got Fei kei taking off

Posted by valueinvestor > 2015-01-26 19:49 | Report Abuse

Good news!! Its net gearing will finally go down to 0.52x upon disposal of its Tropicana City Mall & Office Tower for RM540 mil.
http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/04EBDFEB2B74588248257DD9003B714E/$File/Announcement%20-%20Proposed%20Disposal%20of%20TCM%20&%20TCOT.pdf

jolie2

2,039 posts

Posted by jolie2 > 2015-01-26 20:31 | Report Abuse

The ham yee really can fei tomorrow.
At last, can dispose off the mall and reduce the gearing.
More to come for them to monetize their asset. Plenty of lands to sell at the right time.

yanxuan8

427 posts

Posted by yanxuan8 > 2015-01-26 21:59 | Report Abuse

Hitting RM1.20 or more tomorrow ?

ImCK

3,251 posts

Posted by ImCK > 2015-01-27 09:05 | Report Abuse

target price 1.3

ImCK

3,251 posts

Posted by ImCK > 2015-01-27 09:06 | Report Abuse

wait for special dividen

jolie2

2,039 posts

Posted by jolie2 > 2015-01-27 09:06 | Report Abuse

big volume.... sure goreng up.
target price 1.40

Posted by jehovahnissi > 2015-01-27 09:09 | Report Abuse

ini kali lah

cipapo

1,288 posts

Posted by cipapo > 2015-01-27 09:19 | Report Abuse

HUATTT ARR...TP: 1.50 SHORT TERM

ImCK

3,251 posts

Posted by ImCK > 2015-01-27 09:30 | Report Abuse

congratz all shareholder

ImCK

3,251 posts

Posted by ImCK > 2015-01-27 09:40 | Report Abuse

break !!!! NTA 1.95 PE 3.98 only !!!!!!!! huat huat huat
dividen 7% mana cari

jolie2

2,039 posts

Posted by jolie2 > 2015-01-27 09:41 | Report Abuse

warren buffet is buying this counter now.
So cheap , tasty , delicious, and bagus.
Buy,,,,,,,,,,,,,,,,,,, .
No more "Ham Yee" ..... It is "Sang Yee" now.

cipapo

1,288 posts

Posted by cipapo > 2015-01-27 09:43 | Report Abuse

KUALA LUMPUR: Tropicana Corp Bhd ( Financial Dashboard)’s proposed sale of Tropicana City Mall to CapitaMalls Malaysia Trust (CMMT) for RM540 million, will see the former’s net gearing lowered from 0.72 times as at Sept 30, 2014 to 0.52 times. Both parties announced the deal yesterday.

CMMT said Amtrustee Bhd had on its behalf entered into a conditional sale and purchase agreement with Tropicana City Sdn Bhd, a wholly-owned subsidiary of Tropicana (fundamental: 1.3; valuation: 3.0), for the acquisition of Tropicana City Mall.

In a filing with Bursa Malaysia, CMMT (fundamental: 1.8; valuation: 0.5) said the four-storey mall, together with the 12-storey Tropicana City Office Tower, will be acquired for a total purchase consideration of RM540 million, in cash.

The real estate investment trust (REIT) said the residential tower of Tropicana City, the Tropics, is not part of the proposed acquisition.

“The proposed acquisition of Tropicana City Mall will strengthen CMMT’s portfolio as it is an established family lifestyle mall that has proven to be a popular destination among the surrounding residents, thanks to its variety of local and international retailers,” said Low Peck Chen, chief executive officer of CMMT’s manager CapitaMalls Malaysia REIT Management Sdn Bhd (CMRM).

CMMT intends to finance the acquisition through debt and/or equity fundraising via the issuing of new units, with the proportion of the financing to be determined later.

“This proposed acquisition will thus further expand CMMT’s portfolio in terms of both income and geographical spread, and enable CMMT to continue to deliver stable returns to our unitholders,” said CMRM chairman David Wong Chin Huat.

The acquisition is expected to be completed by the third quarter of 2015.

Tropicana, meanwhile, said the disposal of the mall will positively impact its earnings and balance sheet.

“Upon completion, Tropicana group’s borrowings would be reduced to RM1.95 billion, from RM2.41 billion as at Sept 30, 2014, hence reducing the group’s net gearing to 0.52 times from 0.72 times.

“Tropicana is expected to recognise a fair value gain of RM13.1 million for the financial year ended Dec 31, 2014, with an additional gain on disposal of RM13.5 million to be recognised in the financial year ending Dec 31, 2015,” said the group.

CMMT was initially looking into the purchase of the mall two years ago, at a purchase consideration of between RM550 million and RM650 million, as reported by The Edge Financial Daily in Aug 2013.

DIVIDEND COMING...FEB 2015

ImCK

3,251 posts

Posted by ImCK > 2015-01-27 09:44 | Report Abuse

top 10 hot stock this most safety
kiki NTA 1.9 PE 3.8 Dividen 6%
Rocket time

ImCK

3,251 posts

Posted by ImCK > 2015-01-27 09:50 | Report Abuse

RM1.3 mari mari

bryan_su

645 posts

Posted by bryan_su > 2015-01-27 10:09 | Report Abuse

Latest TP 1.15 by kenanga,,

Kingston1

1,718 posts

Posted by Kingston1 > 2015-01-27 10:38 | Report Abuse

Hope this is not just temporary. Just bought 100lots at 1.08 just now! Huat ahhh!!

kimssiat

1,088 posts

Posted by kimssiat > 2015-01-27 10:49 | Report Abuse

TP 1.8x actually.

cipapo

1,288 posts

Posted by cipapo > 2015-01-27 11:31 | Report Abuse

kenanga said hold on FGV...today fgv shot up 20 cents...knnccb...these fundhouse tell u to hold and they buy themselves...s-holes

Kingston1

1,718 posts

Posted by Kingston1 > 2015-01-27 11:54 | Report Abuse

Finally this counter starting to move.

1st TP : 1.25
2nd TP : 1.50
3rd TP : 1.80

Huat ahh!!

cipapo

1,288 posts

Posted by cipapo > 2015-01-27 14:04 | Report Abuse

buy!!!

ImCK

3,251 posts

Posted by ImCK > 2015-01-27 14:26 | Report Abuse

Super bullish

jolie2

2,039 posts

Posted by jolie2 > 2015-01-27 14:34 | Report Abuse

Yammmmmmmmmmmmmmmmmmmmmmmmmmmmmm Seng
Yam Seng , Yam Seng, Yam.... Yam Seng

ImCK

3,251 posts

Posted by ImCK > 2015-01-27 14:35 | Report Abuse

wow !!!! gogogo oleh oleh oleh

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