TROPICANA CORPORATION BERHAD

KLSE (MYR): TROP (5401)

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Last Price

1.20

Today's Change

-0.04 (3.23%)

Day's Change

1.19 - 1.24

Trading Volume

3,223,500


9 people like this.

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

Posted by nsyee28282828 > 2015-03-20 09:27 | Report Abuse

their right issue exercise is on going. Maybe in a month time they able to pay instalment to Trop according to the schedule of payment, cannot be one lump sum

Investeye

2,347 posts

Posted by Investeye > 2015-03-20 16:10 | Report Abuse

Will further accumulate at RM1.00

luckyman

720 posts

Posted by luckyman > 2015-03-22 19:22 | Report Abuse

Danny Tan is way behind and has a lot to learn from Liew Kee Sin why analysts are more bullish on Eco World than Tropicana despite Eco World delivering miserable net profits in the last 2 quarters. Eco World's market capitalization is way bigger than Tropicana's. http://www.theborneopost.com/2015/03/21/eco-world-on-track-to-achieve-rm3-bln-in-property-sales/

rlch

4,142 posts

Posted by rlch > 2015-03-23 10:40 | Report Abuse

Tropicana holds regional launches
By Zatil Husna Wan Fauzi / The Edge Financial Daily | March 23, 2015 : 9:40 AM MYT

KUALA LUMPUR: Tropicana Corp Bhd ( Financial Dashboard) has simultaneously launched Tropicana The Residences in Malaysia, Singapore, Taiwan, China, Indonesia, and Hong Kong on Saturday.

The Malaysian launch — which featured a 3D projection mapping that showcased The Residences — was recognised by the Malaysia Book of Records as the biggest outdoor HD projection mapping screen in the country, while guests were also entertained by Malaysian singer Melissa Indot and fireworks.

“Tropicana The Residences prides itself on [being] the only swanky and luxury property located in Kuala Lumpur’s Golden Triangle. Seated on top W Hotel, this development is poised to become an iconic landmark,” said chief executive officer Datuk Yau Kok Seng during the launch at Marini’s on 57, which overlooks the project site.

The 55-storey mixed-use development will come up on a 1.28-acre (0.51 hectare) freehold parcel next to Suria KLCC, which includes 355 units of The Residences’ fully-furnished units from levels 25 to 53.

Meanwhile, W Hotel will have 153 rooms from levels eight to 23 and will be managed by Starwood Hotels and Resorts Worldwide.

The Residences has a gross development value of RM800 million and is scheduled to be completed in 2017.

The luxury residences have built-ups of 710 to 2,973 sq ft, with prices starting from RM1.7 million or about RM2,500 psf. The Residences will be managed by Tropicana.

“It will offer four types of residences, where its clients will be treated to conceivable luxury and amenity including concierge and housekeeping services, and a home-care programme which is ideal for jet setters,” said head of marketing and sales Ung Lay Ting.

The Residences will offer facilities like a salt-water infinity pool, forest-themed lounge, multipurpose area on the roof and hotel-like services such as concierge, laundry and dry-cleaning.

According to the group, the project will have resource-and energy-efficient features in daily operations like powering lifts and other utilities.

“The Residences is also forecast to be a serious contender for expatriates who want to make an investment in Malaysia. With an increasing appreciation of capital in the designated area, analysts foresee that Tropicana The Residences will fetch a steady traffic of those wanting to rent a space with close proximity to neighbouring office areas that house global companies,” said the group in a press release.

The development is designed by international architecture, interior design, urban planning and engineering firm Skidmore, Owings & Merrill who also designed the Dubai’s Burj Khalifa and New York’s One World Trade Centre.

The Residences will be a two-minute walk to the Petronas Twin Towers, and near other premier commercial and shopping hubs, educational institutions, medical centres and other attractions such as the KL Tower, Chinatown, Central Market and KLCC Park.

This article first appeared in The Edge Financial Daily, on March 23, 2015.

Posted by nsyee28282828 > 2015-03-23 19:10 | Report Abuse

TSD performed conversion of RCULS at 1.50?? but market price 1.02-1.03
can you figure out??

travoltakeong

1,502 posts

Posted by travoltakeong > 2015-03-24 07:58 | Report Abuse

NAV negative 1.1

This company is overgeared BIG TIME....

rlch

4,142 posts

Posted by rlch > 2015-03-24 09:58 | Report Abuse

Danny own 70%. Can Tropicana be privatized?

Posted by inikalilah888 > 2015-03-27 11:56 | Report Abuse

ZZZzzzzz

rlch

4,142 posts

Posted by rlch > 2015-03-27 18:56 | Report Abuse

PE 4.11 but nobody want. If fair PE is 10, TP RM 2.48?
http://klse.i3investor.com/servlets/stk/fin/5401.jsp

tasoke

317 posts

Posted by tasoke > 2015-03-27 19:00 | Report Abuse

IA lah ,counter blh goreng senang senang,counter untung org tak mau

rlch

4,142 posts

Posted by rlch > 2015-03-31 19:41 | Report Abuse

Eco World finally settled balance land payment. Dividend soon?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1919609

mani_cum

265 posts

Posted by mani_cum > 2015-03-31 20:02 | Report Abuse

Good ah. Money already in account. Almost 1/3 of market cap for this SPA.

Any clue what is Danny planing in mind ??

Posted by nsyee28282828 > 2015-04-02 09:41 | Report Abuse

Like others developer, their Q1 performance is their major concern now!!

Posted by nsyee28282828 > 2015-04-02 09:42 | Report Abuse

expecting a good results??

Posted by inikalilah888 > 2015-04-02 12:33 | Report Abuse

This counter already rip...dont waste time here...

mani_cum

265 posts

Posted by mani_cum > 2015-04-02 16:41 | Report Abuse

want to sell, do it fast fast....

erwin1987

64 posts

Posted by erwin1987 > 2015-04-02 17:10 | Report Abuse

who want to sell,pls sell it tmr

Posted by nsyee28282828 > 2015-04-02 19:23 | Report Abuse

How is the sales in their Investment Week held in March?
Heard their Chief M&S had resigned.

bryan_su

645 posts

Posted by bryan_su > 2015-04-03 09:16 | Report Abuse

what happen to Trop... sudden burst !!

jolie2

2,039 posts

Posted by jolie2 > 2015-04-03 09:33 | Report Abuse

dividend time soon.
Special Big Dividend after received cash from eco world.

cipapo

1,288 posts

Posted by cipapo > 2015-04-03 09:34 | Report Abuse

because it is undervalue...ecoworld gearing also high

bryan_su

645 posts

Posted by bryan_su > 2015-04-03 09:35 | Report Abuse

got undervalue meh, kenanga TP only 1.15..

jolie2

2,039 posts

Posted by jolie2 > 2015-04-03 09:37 | Report Abuse

kenanga can trust, pig also can climb tree.

cipapo

1,288 posts

Posted by cipapo > 2015-04-03 09:39 | Report Abuse

yalar.....all the stupid buggers....u think ecoworld gearing not high?... .Tropicana is asset rich...

bryan_su

645 posts

Posted by bryan_su > 2015-04-03 09:41 | Report Abuse

OIC...... thks all sifus here...

Posted by nsyee28282828 > 2015-04-03 10:11 | Report Abuse

target price for today is???

kimssiat

1,088 posts

Posted by kimssiat > 2015-04-03 10:14 | Report Abuse

I sold mine 1.10 ... Dunno the TP.

jolie2

2,039 posts

Posted by jolie2 > 2015-04-03 10:16 | Report Abuse

today will close at 1.13
tomorrow move again to 1.18
the next day shoot to 1.25 once special dividend announce,

my insider name "Sin Kar Lan" working in tropicana told me.

Posted by nsyee28282828 > 2015-04-03 10:23 | Report Abuse

Good sign if special dividend is true, then we can hold longer as we need to recover the losses we incurred!!

kimssiat

1,088 posts

Posted by kimssiat > 2015-04-03 10:25 | Report Abuse

But I gain .... Sin Kar Lan a lot only. This counter I wait so long to sell ...

erwin1987

64 posts

Posted by erwin1987 > 2015-04-03 10:28 | Report Abuse

undervalue la,just hold,

erwin1987

64 posts

Posted by erwin1987 > 2015-04-03 10:29 | Report Abuse

1.1 keep refill,strong support now

mani_cum

265 posts

Posted by mani_cum > 2015-04-03 10:29 | Report Abuse

Got capital hold tight tight. Refer to my earlier post i did accumulate big ( my std ) this time. Hope it can achieve what LBS, Huayang, KSL been rewarding me. Cheers!!

jolie2

2,039 posts

Posted by jolie2 > 2015-04-03 10:40 | Report Abuse

this morning volume super strong. Within 20 minutes after opening, the volume is 2 million.
Some super rich man collecting. We must follow them. Not follow the stupid bugger kenanga. Those are con-man.

Some insider is buying.

brendan

13 posts

Posted by brendan > 2015-04-03 10:44 | Report Abuse

hold on or accumulate more, positive momentum currently, short term target rm1.20

Posted by inikalilah888 > 2015-04-03 11:06 | Report Abuse

This salted fish suddenly become hot fish....

jolie2

2,039 posts

Posted by jolie2 > 2015-04-03 11:10 | Report Abuse

yes,,, it turn into beautiful mermaid.

Sumbat

29 posts

Posted by Sumbat > 2015-04-03 11:13 | Report Abuse

Don't get sumbat.....many looking for way out

origins

68 posts

Posted by origins > 2015-04-03 11:17 | Report Abuse

Big corporate exercise under way. The hint is RM2.00. Get ready to accumulate and don't say I didn't tell you to.

bryan_su

645 posts

Posted by bryan_su > 2015-04-03 11:19 | Report Abuse

i can;t see the future of Trop to go ahead of 1.15 unless Kenanxx update its TP............. Kenanxx got rewards one, dun forget!!!

Posted by nsyee28282828 > 2015-04-03 11:30 | Report Abuse

just now special dividend, now corporate exercise? right issue or bonus issue or acquisition or merger?
rumours reliable?

kimssiat

1,088 posts

Posted by kimssiat > 2015-04-03 13:58 | Report Abuse

I asked my remiser and he said No News ....

greenday

210 posts

Posted by greenday > 2015-04-03 14:06 | Report Abuse

ur remiser tidur ah, check at bursa

kimssiat

1,088 posts

Posted by kimssiat > 2015-04-03 15:12 | Report Abuse

1,10 ... 1.09 .... 1.08 .... Time to sleep.

Posted by nsyee28282828 > 2015-04-03 17:56 | Report Abuse

those who got it at esos price of 1.32 still long way to go to cover those losses!!

Posted by nsyee28282828 > 2015-04-03 18:00 | Report Abuse

origins,
thank you for the info. Let's hold some for investment..

Posted by nsyee28282828 > 2015-04-03 18:03 | Report Abuse

Kenanga is the major broker firm cover this stock, so they must ASAP adjust their TP or fair value as the gearing of Trop is lower now..

Investeye

2,347 posts

Posted by Investeye > 2015-04-03 23:15 | Report Abuse

As CMMT will taken over Tropicana City will make TROP in better position. On 12th Mar when the price dropped to RM1.01, it was a very good time to accumulate which I mentioned previously. I think should need more time to move to next stage...

mani_cum

265 posts

Posted by mani_cum > 2015-04-04 00:23 | Report Abuse

few bits only think of cashing out?? No way man. Since Dec 2014 till now there are few big blocks DBT transacted bet. 1.00 ~~ 1.05. They must have know what they are paying for and wonder if few bits enuf for them to distribute out in case they r sharks.

TROP intrinsic value is a lot higher than the esos price and EPF did become substantial share holder around 2 year back at 1.8 (placement). Why worried so much if they want to sell at lost.

Talk about kenanga, it will an easy job if just add 10% to the yearly low price as TP. Things are getting better and more +ve catalyst is on the way. Do we hear " Salt fish suddenly come to life "

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