I've followed this counter since year 2004, when the company held 170 million cash in hand, the share price just no movement for 6 years until tanny injected his landbank to company for a almost 1b on year 2009.
Danny personal hold 3 billion worth of land in Iskandar. he need a machine to digest these fat speck. so privatization will never be an option until have injected its land into Trop.
NEGATIVE. EVEN IF GIVE TREASURY SHARE AS FINAL DIVIDEND, THE QUANTUM IS LIMITED N NOT ATTRACTIVE (accumulated Treasury shares only 17m against share base of 1,447,000,000 shares = 1.1%) ALSO AGAINST NEGATIVE BACKGROUND DUD TO IMDB BOND DEFAULT TODAY (bursa down 22 pts despite Dow index up) WITH ANOTHER BOND PAYMENT DUE COMING 11th May, SITUATION LIKELY TO WORSEN , WHEN FOREIGN SELLING INTENSIFIES (see the huge losses by GENTING N OTHER CHIPS) SAFER TO WAIT ,
PERSONALLY, CAUTION, PRUDENCE AND PATIENCE HAD HELPED ME TO MAKE GOOD GAINS WHILE AVOIDING SIGNIFICANT LOSSES. FEW MONTHS AGO PATIENTLY COLLECTED AROUND 0.95 CUM CASH DIVIDENDS. GRADUALLY TOOK PROFITS FROM 1.08 to 1.15. MAY NOT BE SPECTACULAR MARGINS BUT WHEN INCLUDED DIVIDENDS N ON LARGE VOLUMES, IT WAS GOOD. HOWEVER IT REALLY NEEDED GREAT PATIENCE BUT ITS A MUCH SAFER STRATEGY. NEVERTHELESS, INVESTORS N PUNTERS EACH HAVE THEIR OWN TRADING TECHNIQUES. CAN'T SAY WHICH METHOD IS RIGHT OR WRONG. DEPENDS ON ONE'S OWN RISKS PROFILE. GOOD LUCK TO ALL
If read 2015 AR net gearing reduced from 0.77X(2012) to 0.30X in 2015, so good degearing job by Danny Tan(DT). Can be privatized by DT if keep undervalued?
A successful investor must control their anger emotions. They don't simply scold others. one day it will shoot, just wait lah............TP Rm5 before next year CNY
It is not a conning stock. Tropicana is King of properties stock!!!!!!!!!!!!!! Huge landbank and tons of cash in hand. buy now, big reward later.................
POSITIVE CATALYSTS INCLUDE:- Good 1Q Results based of huge unbilled sales of RM4 Billions to be announced. Optimistic a Final Dividend combining free Treasury shares and Cash dividend to be announced i. time for AGM this 26/5/16. In line with corporate strategy to become a leading High Dividend Yield Stock. Its consistent share buyback programme has been accumulating Treasury shares for such distribution. Dividend likely targetting to reach 9.5 sen with the potential 2.5 sen equivalent Final D envisaged. Based on good fundamentals. Gearing down from .77 to a good .33. NTA 2.16
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
JimYeoh
1,514 posts
Posted by JimYeoh > 2016-04-15 13:16 | Report Abuse
Good for long term investment! better than bank FD!