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 LoveyDovey > 2016-02-04 11:02 | Report Abuse

Immediate hurdle for Tropicana at RM1.01, says AllianceDBS Research
By theedgemarkets.com / theedgemarkets.com | February 1, 2016 : 7:09 AM MYT

KUALA LUMPUR (Feb 1): AllianceDBS Research said the immediate hurdle for Tropicana Corporation Bhd was at RM1.01 and that Tropicana had on Jan 29 traded higher at 99.5 sen before closing near the day's high at 99 sen (up 3 sen or 3.12%).

In its evening edition last Friday, the research house said Tropicana continued to stay below the 20-day and 50-day moving average lines in the last 10 days.

"Following the up close on Jan 29, the stock is likely to move higher again with immediate hurdle at RM1.01.

"A crossover of RM1.01 should see further price rise to the next overhead resistance at RM1.05.
"The support is pegged at 96 sen. A fall below 96.5 sen would put pressure on the stock down to the subsequent support at 94 sen," it said.

AllianceDBS Research said stock volume traded on Jan 29 was 930,000 shares compared to the three-month average volume of 1.04 million shares.

The research house said that indicators wise, the MACD was marginally below the nine-day moving average line with the "sell" signal remaining intact.

It said the relative strength index indicated that the stock was currently in a neutral zone.

Posted by inikalilah888 > 2016-02-04 14:50 | Report Abuse

Finally this RM1 broke... :)

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-04 17:07 | Report Abuse

now wait it to break 1.05 immediate resistance!

Posted by LoveyDovey > 2016-02-05 00:18 | Report Abuse

next resistance at 1.05 !

let's all BUY before the Q4 announcement.. i can smell more dividends coming already !!

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-05 11:04 | Report Abuse

continue buying!

Posted by sulaimanab1955 > 2016-02-07 00:41 | Report Abuse

C O M I N G S O O N

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-07 16:01 | Report Abuse

short-term TP 1.20!

Posted by LoveyDovey > 2016-02-09 01:16 | Report Abuse

http://www.theedgemarkets.com/my/article/klci-decline-stablises-sentiment-has-recovered

road to recovery seen !

let's break the 1.05 resistance !

GT3RS

20 posts

Posted by GT3RS > 2016-02-09 22:24 | Report Abuse

Gong Xi Gong Xi
Fa Cai in this counter soon

恭喜恭喜
即将发财

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-10 09:27 | Report Abuse

HUAT AR!

GT3RS

20 posts

Posted by GT3RS > 2016-02-10 16:53 | Report Abuse

See...

旗开得胜

thesteward

6,782 posts

Posted by thesteward > 2016-02-10 23:28 | Report Abuse

;-)

Posted by LoveyDovey > 2016-02-11 01:56 | Report Abuse

huat ah !

BUY before it is too late !!

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-12 13:10 | Report Abuse

Buy before good qtr result announced!

darrenliew

1,032 posts

Posted by darrenliew > 2016-02-12 21:02 | Report Abuse

very positive signal. had broken the 1.01 resistance n remained above it the last one week. actually closed at 1.05 the last few days.
Uptrend firmly set for price to rally higher from next week until the announcemeng of its 4Q/full.year results by month.end. based on its huge unbilled sales ofcrm3.5B its results should be good. Trop's vast landbanks are all in Prime n Strategic locations in KL KLANG VALLY, SELANGOR N PENANG which enabled it to register good sales.

MOREOVER IT SUCCEEDED IN SIGNIFICANTLY SOLD ITS NON CORE ASSETS N BUSINESSES OVER THE LAST 2 YEARS ENABLING IT TO REDUCING ITS BORROWINGS / GEARING TO MUCH MORE COMFORTABLE LEVEL.

WE R OPTIMISTIC OF GETTING A FINAL DIVIDEND VIA A COMBINATION OF CASH PLUS DISTRIBUTION OF TREASURY SHARES.

GOOD LUCK N A HAPPY NEW YEAR

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-15 10:28 | Report Abuse

short term TP 1.20

thesteward

6,782 posts

Posted by thesteward > 2016-02-15 13:03 | Report Abuse

deng deng sui ;-)

GT3RS

20 posts

Posted by GT3RS > 2016-02-17 11:31 | Report Abuse

Boss lining the bullets to whack 9696 on this counter for 2016

GT3RS

20 posts

Posted by GT3RS > 2016-02-17 11:33 | Report Abuse

Jholow of i3 said his boss told him : "this is the counter that will make a lot of people into becoming multimillionaire by this year"

GT3RS

20 posts

Posted by GT3RS > 2016-02-17 11:33 | Report Abuse

BUY !

Posted by Starstruck > 2016-02-17 12:06 | Report Abuse

buy before its too late

darrenliew

1,032 posts

Posted by darrenliew > 2016-02-17 12:23 | Report Abuse

HI GOOD DAY EVERY ONE . A HAPPY N PROSPEROUS NEW YEAR ESPECIALLY TO OUR MALAYSIAN CHINESE INVESTORS FOR YOUR FAITH AND CONFIDENCE IN TROPICANA.
HIT 1.10 . WAYS TO GO, AS TODAY'S POSITIVE UPTREND ONLY JUST STARTED AFTER BREAKING ITS RESISTANCE OF 1.05 N CONSOLIDED AT 1.05 TO 1.07. VOLUMES RISING SUPPORTING UPTREND.

CATALYSTS, NEAR TERM, INCLUDE EXPECTED GOOD/BETTER 4Q/FULL RESULTS TO BE ANNOUNCED BY THIS MONTH END. ALL THE GOOD WORK BY THE DIRECTORS IN THE DISPOSALS OF BIG ITEM NON CORE PROPERTIES N BUSINESSES , PLUS SUCCESSFUL SALES OF ITS PROPERTY LAUNCHES WILL NOW BEAR FRUITS. SIGNIFICANT REDUCTIONS IN ITS BORROWINGS/GEARING N UNLOCKING ITS UNDERVALUED LANDBANKS N ASSETS VIA THEIR SALES N DEVT WILL TRANSLATE INTO HIGHER PROFITS N CASH FLOWS.
OPTIMISTIC OF GETTING ANOTHER CASH + TREASURY SHARE DIVIDEND SOON. CHEERS

lanciao

544 posts

Posted by lanciao > 2016-02-17 15:11 | Report Abuse

Cap buaya

lanciao

544 posts

Posted by lanciao > 2016-02-17 15:12 | Report Abuse

Untung liao cabut cepat tauke ini trop buaya darat

tksw

12,831 posts

Posted by tksw > 2016-02-17 17:37 | Report Abuse

slow slow wait, kakaka

KONG88

55 posts

Posted by KONG88 > 2016-02-17 19:27 | Report Abuse

buaya chan

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-17 21:37 | Report Abuse

Coming very soon~

lanciao

544 posts

Posted by lanciao > 2016-02-17 21:47 | Report Abuse

Tomorow come liao

GT3RS

20 posts

Posted by GT3RS > 2016-02-17 22:52 | Report Abuse

Q4 announcement this Friday 19/2. Net profit $240m !

GT3RS

20 posts

Posted by GT3RS > 2016-02-17 22:53 | Report Abuse

This is a stock that will make you a millionaire within this year

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-02-17 22:55 | Report Abuse

Past few months down to 0.8, now already climb up to 1.09... look like property stocks start to recover ?!

cjm99

20 posts

Posted by cjm99 > 2016-02-17 23:54 | Report Abuse

all these within the expectations. It will not to be a catalyst to share price. As more than 70% held by Danny family, if add up to their related stakeholders, I think the quantum more than 85%. it was an over manipulated counter, up or down on Danny's willingness. property supply glut is a reality. yet don't forget Danny personal still hold 3 billion land band in Iskandar zone.

GT3RS

20 posts

Posted by GT3RS > 2016-02-17 23:58 | Report Abuse

Over manipulated or over concentrated in Danny's hand? Lol

Posted by sembangsaham > 2016-02-18 03:34 | Report Abuse

Alliance research predict next resistance 1.15

cjm99

20 posts

Posted by cjm99 > 2016-02-18 07:38 | Report Abuse

yes! it was over concentrated and then become over manipulated. so company now is cash rich, how he going to leverage it? this rely on his individual character.

GT3RS

20 posts

Posted by GT3RS > 2016-02-18 15:54 | Report Abuse

Huat arrrrr

GT3RS

20 posts

Posted by GT3RS > 2016-02-18 15:54 | Report Abuse

Aliiance 1.15 resistance look like taufu to me now

RVI123

660 posts

Posted by RVI123 > 2016-02-18 16:00 | Report Abuse

GT3RS, so u want to buy GT3 or RS?

GT3RS

20 posts

Posted by GT3RS > 2016-02-18 16:03 | Report Abuse

See, 1.15 broken without a sweat

RVI123

660 posts

Posted by RVI123 > 2016-02-18 16:05 | Report Abuse

Wah! Really coming.

latjiu

222 posts

Posted by latjiu > 2016-02-18 16:05 | Report Abuse

good report coming soon?

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-18 16:12 | Report Abuse

1.20 very soon

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-18 16:33 | Report Abuse

coming out tmr!

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-18 16:45 | Report Abuse

Let's huat together!

GT3RS

20 posts

Posted by GT3RS > 2016-02-18 21:53 | Report Abuse

Feb 17, 2016 10:52 PM | Report Abuse
Q4 announcement this Friday 19/2. Net profit $240m !

I already said so

RVI123

660 posts

Posted by RVI123 > 2016-02-18 23:29 | Report Abuse

How high it can go? The rally can last for how long?

cjm99

20 posts

Posted by cjm99 > 2016-02-19 08:04 | Report Abuse

compare to last year same quarter net profit was 198 million. the increased is only 20%.

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-02-19 16:26 | Report Abuse

good buying rate today!

latjiu

222 posts

Posted by latjiu > 2016-02-19 20:02 | Report Abuse

kena tipu, where got 240m?

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