Posted by rlch > 2015-02-19 22:46 | Report Abuse

Need to wait for Eco World to complete their right issue and settle payment for Tropicana Aman land then only Tropicana can move?

Posted by rlch > 2015-02-20 05:46 | Report Abuse

Property sector may get Singapore boost
http://www.focusmalaysia.my/Assets/Property%20sector%20may%20get%20Singapore%20boost

Posted by ickywin > 2015-02-24 19:12 | Report Abuse

Slow & Steady climb..most important no panic sell..

Posted by inikalilah888 > 2015-02-25 12:07 | Report Abuse

i see slow & steady down only...sigh...

Posted by kudamuda > 2015-02-26 16:31 | Report Abuse

Danny Tan at #13. http://www.forbes.com/malaysia-billionaires/#tab:overall_page:2

Posted by divine > 2015-02-26 17:17 | Report Abuse

how will that effect px to shoot up kudamuda

Posted by valueinvestor > 2015-02-26 20:49 | Report Abuse

Eco World just ranks way above Tropicana in terms of share price & market capitalization and probably brand name too though Danny Tan may appear to be richer....

Posted by kudamuda > 2015-02-27 08:12 | Report Abuse

divine, i guess no effect.. haha

Posted by divine > 2015-02-27 08:41 | Report Abuse

kudamuda so why post no-effect info...

Posted by kudamuda > 2015-02-27 08:54 | Report Abuse

err...

Posted by rlch > 2015-03-01 09:54 | Report Abuse

Why no latest TP from research houses after result and annual audited account released? Or they want to accumulate first?

Posted by cipapo > 2015-03-01 10:03 | Report Abuse

they prefer to goreng ecoworld...also high gearing....

Posted by rlch > 2015-03-01 10:09 | Report Abuse

Ecoworld high PE and already moved a lot, I don't like. Tropicana is low PE and a laggard.

Posted by cipapo > 2015-03-01 10:15 | Report Abuse

bursa market don't see pe....only see which one goreng haha

Posted by jolie2 > 2015-03-01 10:17 | Report Abuse

a total of 23.5 million shares or 1.7% equity interest changed hands on jan 21 and 26 in a series of direct deals at rm1.05 a piece or rm 24.68 millon in total. The transacting parties were unknown.

Value buyer seeing the current price at 1.05 already reach bottom.
More upside than downside.

this share can goreng anytime soon with such a huge off-market trade.

Posted by cipapo > 2015-03-01 10:36 | Report Abuse

you mean all your stocks?

Posted by ickywin > 2015-03-01 19:24 | Report Abuse

This year to hold property stock need to be very patience.

Posted by volks2 > 2015-03-05 09:06 | Report Abuse

how come today it laosai?

Posted by valueinvestor > 2015-03-08 16:39 | Report Abuse

http://klse.i3investor.com/blogs/hwangdbs/68999.jsp

Posted by kimssiat > 2015-03-09 15:40 | Report Abuse

1.02 opss.

Posted by erwin1987 > 2015-03-09 19:33 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
TROPICANA CORPORATION BERHAD (“TROPICANA” OR THE “COMPANY”) PROPOSED DISPOSAL BY TROPICANA CITY SDN BHD (“TROPICANA CITY” OR “VENDOR”), A WHOLLY-OWNED SUBSIDIARY OF BAKAT RAMPAI SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF TROPICANA, TO AMTRUSTEE BERHAD (“AMT” OR “PURCHASER”), ACTING SOLELY IN CAPACITY AS TRUSTEE FOR CAPITAMALLS MALAYSIA TRUST, A REAL ESTATE INVESTMENT TRUST (“REIT”) (“CMMT”) OF AMONGST OTHERS A 4-STOREY SHOPPING MALL AND A 12-STOREY OFFICE BUILDING (“PROPOSED DISPOSAL”)

Posted by erwin1987 > 2015-03-09 19:33 | Report Abuse

We refer to the announcement dated 26 January 2015 in relation to the Proposed Disposal (“Previous Announcement”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Previous Announcement.

The Board of Directors of Tropicana wishes to announce the Company had on 9 March 2015 been informed by AmTrustee Berhad, acting solely in capacity as trustee for CapitaMalls Malaysia Trust, that the Due Diligence Exercise and market valuation for the Property have been completed with satisfaction. Pursuant to the Due Diligence Exercise, the parties to the SPA have mutually agreed to certain identified irregularities and Tropicana City has agreed to remedy the identified irregularities.

Consequently, the parties to the SPA will enter into the Approval Period to obtain the necessary approvals pursuant to the SPA.

This announcement is dated 9 March 2015.

Posted by erwin1987 > 2015-03-09 19:33 | Report Abuse

TMR we shall see how the investor will react

Posted by Najib1M > 2015-03-09 19:39 | Report Abuse

Masih kena dspat lulusan untuk dapat lulusan?.....aiya susahnya

Posted by nsyee28282828 > 2015-03-09 19:53 | Report Abuse

not sure what are those irregularities are...Anyone knows?

Posted by nsyee28282828 > 2015-03-09 19:54 | Report Abuse

approval period is how long?? Maybe not a good news despite the deals is still on..

Posted by valueinvestor > 2015-03-09 20:35 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1897817

Posted by rlch > 2015-03-10 15:13 | Report Abuse

No reaction. Important is still dividend announcement or other reward eg free warrant.

Posted by inikalilah888 > 2015-03-10 16:00 | Report Abuse

Death counter...

Posted by nsyee28282828 > 2015-03-10 19:35 | Report Abuse

better buy other counters, counter no movement for the past 6 months consider very bad investment for investors

don't put your monies here anymore, just hold some for investment

Posted by nsyee28282828 > 2015-03-11 18:42 | Report Abuse

long time before Trop can get paid fr its purchaser,CMMT
Its share price will remains flat for the time being!!

Posted by rlch > 2015-03-12 05:30 | Report Abuse

First must get payment from Ecoworld which is now having right issue. CMMT payment will take longer time. Anyway Danny is still holding 70% stake so he is confident of Tropicana future. Still looking for dividend payment news. Maybe after receive money from Ecoworld?

Posted by kudamuda > 2015-03-12 09:41 | Report Abuse

According to latest annoucement, TS Danny's holding :
Direct : 400,491,230 shares (28.1100%)
Indirect/Deemed Interest : 604,855,827 shares (42.4600%)

The recent coversion of the Unsecured Loan Stock by ALIRAN FIRASAT adds about 3%.

==> Do we have to worry TS Danny aiming to privatise the company at this super cheap low stock price??? (vs the land bank value)..
once privatise, land deal would become more "easy".

what do you think?

Posted by Investeye > 2015-03-12 11:21 | Report Abuse

Time to relook into TROP as government will loosing it grips on properties to stimulate our economy. It is quite attractive at present price.

Posted by Investeye > 2015-03-12 11:49 | Report Abuse

Accumulated at RM1.01...

Posted by nsyee28282828 > 2015-03-12 12:59 | Report Abuse

How much it costs TS Danny if he has intention to take private Trop Corp based on current share price of 1.01?? But it could get costlier as its fair value is 1.15 according to broker.

Posted by kudamuda > 2015-03-12 14:44 | Report Abuse

nsyee, TS + kawan2 .. need at least > RM500mil?

Posted by nsyee28282828 > 2015-03-12 18:52 | Report Abuse

It seem Trop has problem with the Selangor Govt. on the purchase of Canal City Land near Kota Kemuning. Bad news?

Posted by rlch > 2015-03-13 11:52 | Report Abuse

Ecoworld right issue seem like a roaring success as can be seen from their price. Perhaps Tropicana should sell more land(Canal City) to them and reduce its own gearing.

Posted by nsyee28282828 > 2015-03-13 17:48 | Report Abuse

it is a win-win situation despite higher purchasing cost for Trop, Sel Govt. has secured better selling price while Trop got its interest payment waived.

Posted by tanahchio > 2015-03-14 13:42 | Report Abuse

I am a layman in Stock market . I really don't understand lately that Danny Tan converted redeemable 10 year 3%'unsecured loan stock of Rm 76,281,436 expected to be due in year 2022 at Rm 1.50 per share when the market price is floating between1.02 - 1.05. Taking into consideration of all facts n figures , what actually will be his next move .... Dividend franking . bonus issue after many draught years of waiting or ............ who can give me an answer ?

Posted by mani_cum > 2015-03-14 16:43 | Report Abuse

Since 2013 entering market this counter does help me in reap small profit even thought a long bearish performance since right issue. But it doesn't matter cos i belief EPS is the most important in share investing. This prove when my patient in Huayang and KSL did pay handsomely some time ago. TROP will have it time just matter of time.

I have built up a bigger portfolio this time ( to my std ) and with MSCI pointing south , its a good change to accumulate more. Hope i'm not wrong this time.

Posted by mani_cum > 2015-03-14 16:57 | Report Abuse

Be prepare to ride on high tide coming Monday with crude might most likely break its support this time.

Posted by rlch > 2015-03-14 19:23 | Report Abuse

Mitrajaya can give free warrant again. Why Tropicana cannot give free warrant after 6 years absence? I agree Tropicana is low PE. Problem is where is the reward for shareholders. Give free warrant or dividend is the way.

Posted by mani_cum > 2015-03-14 21:35 | Report Abuse

Bro rIch, good to hear that Mitrajaya is giving bonus and free warrant soon. I let go too soon and that why i am learning to be patient.

Normally bonus issue or free warrant only comes when share appreciate to a better lv. Lets hope Tan Sri can unlock more value and improve the gearing ASAP.

Posted by nsyee28282828 > 2015-03-16 09:21 | Report Abuse

Trop gearing is too hike to handle for investors for the time being..

Posted by inikalilah888 > 2015-03-17 16:00 | Report Abuse

1.02, 1.03, 1.02, 1.03,, 1.02, 1.03,, 1.02, 1.03,, 1.02, 1.03,, 1.02, 1.03,, 1.02, 1.03,, 1.02, 1.03
=.=|||

Posted by nsyee28282828 > 2015-03-17 18:29 | Report Abuse

Maybe Trop not rewarding their staff well lot of them have left the company...
ESOS exercise price 1.32 but market price 1.02/1.03, huge losses

Posted by rlch > 2015-03-20 00:28 | Report Abuse

Eco World Development Group Bhd has posted net profit of RM3.06 million or 60 sen per share and revenue of RM158.03 million, for its first quarter ended Jan 31, 2015.

There was no preceding quarter for comparison, as the group changed its financial year end to Oct 31, from Sept 30.

Looking ahead, the group said it intends to launch four new projects in the upcoming months of its current financial year — Eco Sanctuary in Shah Alam, Eco Terraces in Penang, Eco Tropics and Eco Business Park III in Iskandar Malaysia.

Meanwhile, Tan Sri Liew Kee Sin, currently a director in Eco World, has been redesignated as the non-executive chairman on the board, effective tomorrow.

Posted by rlch > 2015-03-20 00:30 | Report Abuse

Eco Sanctuary-Tropicana Aman(Canal City) land. So payment for RM471 million finally received from EcoWorld.