Posted by I_like_dividend > 2016-06-28 13:21 | Report Abuse

Tropicana plans RM1.5 bil worth of launches this year
http://www.theedgeproperty.com.my/my/content/758079/tropicana-plans-rm15-bil-worth-launches-year

Posted by richkid1 > 2016-06-28 13:37 | Report Abuse

Panasonic Group ink deal with Tropicana Corp to build eco-homes
http://www.nst.com.my/news/2016/06/155241/panasonic-group-ink-deal-tropicana-corp-build-eco-homes

Posted by darrenliew > 2016-06-29 16:48 | Report Abuse

LOOKS VERY POSITIVE.
TECHNICALLY, PRICE BROKE UPSIDE RESISTANCE AT RM1.00
FUNDAMENTALLY THE ANALYSIS IS ALSO VERY GOOD.
2Q RESULTS WILL BE BETTER AS ITS STRATEGICALLY LOCATED PHOUSING PROJECTS ARE STILL SELLING WELL.
EXPECTING HIGHER DIVIDENDS TO BE DECLARED WHEN REPORTING 2Q RESULTS. EXPECTING A COMBINED CASH DIVIDEND + FREE TREASURY SHARES DISTRIBUTION. POSSIBLY ADD IN A SPECIAL DIVIDEND IN VIEW OF ITS SUCCESS IN GREATLY REDUCING ITS GEARING. WILL BE FURTHER IMPPROVED WHEN THEY SIGN THE FORMAL SALES AGREEMENT FOR ITS JB LANDS FOR BETWEEN RM500M TO RM700M.

Posted by darrenliew > 2016-06-29 17:04 | Report Abuse

GREATLY UNDERVALUED. LOTS OF POSITIVE CATALYSTS TO BRING OUT VALUES OF ITS ASSETS N HENCE BOOST ITS SHARE PRICE NEARER TO ITS NTA OF RM2.15 PER SHARE.

Posted by Icon8888 > 2016-06-29 17:05 | Report Abuse

yesterday I sapu warrants at 26 sen

Posted by darrenliew > 2016-06-29 17:48 | Report Abuse

Good for u. Both mother share n Warrant prices will go up together
Today started new uptrend after a long consolidation
This latest uptrend will be stronger n hence its share price can go
Above its recent high of 1.18.
(Based on the confluence n alignment of many positive catalysts)

Posted by LoveyDovey > 2016-06-30 11:38 | Report Abuse

Luckyman is right..

Today is last day to announce the definitive agreement between Tropicana Desa Mentari and Terran Property...

TIME TO BUY BEFORE IT IS TOO LATE

Posted by LoveyDovey > 2016-07-01 19:39 | Report Abuse

The Board of Directors of Tropicana wishes to announce that Tropicana Desa Mentari Sdn. Bhd. (“TDM” or “Vendor”), a wholly-owned subsidiary of Tropicana Golf & Country Resort Berhad, which in turn is a wholly-owned subsidiary of Tropicana Corporation Berhad (“Tropicana”), had on 1 July 2016, entered into a sale and purchase agreement (“SPA”) with Tiarn Oversea Group Sdn. Bhd. (“TIARN” or “Purchaser”) for the disposal of freehold land with developable area measuring in aggregate of approximately 251.5855 acres in area in the Mukim of Pulai, District of Johor Bahru, Negeri Johor Darul Takzim (“Land”) for a cash consideration of RM569,871,328 (“Sales Consideration”) (“Disposal”).

The net proceeds of approximately RM218.4 million after repayment of bank
borrowings, taxes and any related expenses arising from the Disposal are expected to
be utilised for the working capital and/or repayment of bank borrowings of Tropicana
and its group of companies (“Tropicana Group”)

Looking good for Tropicana as they managed to sell Johor land at this point of time !!

Posted by darrenliew > 2016-07-01 20:36 | Report Abuse

ALREADY SUCCESSFULLY DE-GEARED THE LAST 2 YEARS. WITH THIS HUGE CASH SALE, TROPICANA WILL BECOME CASH RICH.
LAST YEAR GAVE 7 SEN DIVIDENDS. A DIVIDEND YIELD OF 7% IS ONE OF THE HIGHEST DIVIDEND STOCK IN ASIA.
THIS YEAR WE CAN REALISTICALLY EXPECT 8 TO 10 SEN DIVIDEND PAYOUTS COMPRISING CASH DIVIDENDS AND DISTRIBUTION OF TREASURY SHARES.

GOOD JOB BY TROPICANA DIRECTORS/MANAGEMENT

CHEERS N CONGRATS TO ALL

Posted by valueinvestor > 2016-07-02 09:54 | Report Abuse

http://www.theedgemarkets.com/my/article/tropicana-corp-astral-supreme-mrcb-tiger-synergy-warisan-tc-xin-hwa-yong-tai-microlink

Posted by Des2003 > 2016-07-03 22:52 | Report Abuse

hopefully more good news to come!...

Posted by darrenliew > 2016-07-04 17:59 | Report Abuse

COMFORTABLY REDUCED GEARING FROM 7.7x TWO YEARS AGO TO 3.3x AS AT LAST FY ENDING 31/12/2015. DURING 2015 DIVIDENDS PAID OUT TOTALLED 7 SEN.
THIS CURRENT YEAR WITH ADDITIONAL DISPOSALS OF NON CORE LANDS, GEARING WILL BE FURTHER REDUCED. THIS TOGETHER WITH RM3 BILLIONS UNBILLED SALES (houses sold and under progressive collections from financers) WILL ENSURE INCREASED FREE CASH FLOWS FOR HIGHER DIVIDEND PAYOUTS. EXPECT GOOD DIVIDEND ANNOUNCEMENT TOGETHER WITH 2Q RESULTS DUE OUT SOON.

Posted by darrenliew > 2016-07-06 13:58 | Report Abuse

UPTREND PRICES SUPPORTED BY MORE GOOD NEWSFLOWS. 3 PROPERTY LAUNCHES IN STRATEGIC LOCATIONS IN KL/SELANGOR + UPCOMING GOOD 2Q RESULTS N DIVIDEND ANNOUNCEMENTS

Posted by valueinvestor > 2016-07-08 18:34 | Report Abuse

Target Price: RM1.73

Tropicana is better and more profitable in buying lands and selling them for good profits within a reasonably short time frame. It has been consistently making a lot of profits from buying & selling lands in the past few years. It's just too pitiful for no research houses even ascribing much value to this special ability in buying low & selling high in land banking. It seems that most research houses only like operating profits and treat the gain from land disposal as if it is not real profit (or cash) though they typically cite that the disposal gain may not be recurring in nature. Sigh...

http://www.freemalaysiatoday.com/category/nation/2016/07/08/sale-of-land-nets-tropicana-rm55-5-million/

Posted by darrenliew > 2016-07-11 11:34 | Report Abuse

HIGHER DIVIDENDS EXPECTED WITH 2Q RESULTS SOON. CONTINUED DEGEARING EXERCISE DURING THE PAST 1 YEAR WAS VERY SUCCESSFUL. IN ADDITION TO REALISING BIG CAPITAL GAINS, BANK LOAN INTEREST EXPENSE ARE ALSO BEING REDUCED SIGNIFICANTLY. ALL THESE WILL TRANSLATE INTO A GOOD 2Q PROFITS. THE INCREASED CASH BALANCE AND THE ADDITIONAL FREE CASH FLOWS WILL ALSO MEAN HIGHER DIVIDENDS ARE LIKELY WHEN ITS 2Q RESULTS ARE ANNOUNCED SOON.

Posted by darrenliew > 2016-07-11 14:31 | Report Abuse

DEGEARING/BORROWINGS REDUCTION WAS VERY SUCCESSFUL IN 2013 TO 2015 AND LOWERED ITS GEARING RATIO FROM 7.7x TO 3.0x BY 2015.
MORE DISPOSALS OF NON CORE ASSETS THIS YEAR TODATE INCLUDE SALES OF A 12 STOREY BUILDING IN JLN PUDU FOR RM55M AND A 19 STOREY OFFICE BUILDING TO KENANGA INVESTMENT BANK FOR RM140M. TOTAL CASH RECEIVED RM195M IN THE FIRST HALF OF 2016. LASTEST SALE OF PULAI/JB LAND TO TERRAN OVERSEAS FOR RM570M JUST SIGNED. MORE DEGEARING SUCCESSFULLY ACHIEVED IN CURRENT YEAR TOGETHER WITH UNBILLED SALES OF RM3.1B(AS AT FYE2015 WITH PROGRESSIVE BILLINGS AND RECEIPTS FROM BANK FINANCIERS) MEANS TROPICANA'S PROFITS AND FREE CASH FLOWS WILL BE STRONG AND BETTER RESULTS WITH HIGHER DIVIDENDS ARE EXPECTED.

Posted by vxpoison > 2016-07-12 11:52 | Report Abuse

u need lots of patience with Tropicana counter. Its not his play now, can go for mid long term only but then need to be fast on profit taking upon rally since property sector is on the down trend as others... Refer EcoWorld, Mahsing, SPSetia, HuaYang. They all looks similar in trend...

Posted by darrenliew > 2016-07-12 14:00 | Report Abuse

FUNDAMENTALS STRONG

VERY HIGH DIVIDEND YIELD STOCK. PAID 7 SEN LAST YEAR. EXPECTING A GOOD DIVIDEND ANNOUNCEMENT FOR 2016 SOON

Posted by vxpoison > 2016-07-13 10:58 | Report Abuse

well unless you are a long term dividend player.... Yes.... you can LONG Tropicana. Not for short range momentum player like me :-)

Posted by darrenliew > 2016-07-13 12:21 | Report Abuse

Well. its high dividend yield is very attractive @ 7% (likely more this year in view of its success in more disposals of non-core assets, reaping big capital gains, reducing borrowings thereby increasing profitability) The rm195m cash received for the 2 properties sold this year will enhance its free cash flows for higher dividend payouts. Its dividends doubles that offered by Bank FDs

Posted by hng33 > 2016-07-13 15:56 | Report Abuse

Bought back trop at 1.02-1.03

Posted by Icon8888 > 2016-07-13 16:01 | Report Abuse

I have three lorries Warrants at 30 sen

I am confident I can make 40% to 50% return in 12 to 18 months

Posted by hng33 > 2016-07-13 16:53 | Report Abuse

Sold back trop at 1.04

Posted by kt888 88 > 2016-07-14 09:38 | Report Abuse

Bought trop at 1.03 :)

Posted by JimYeoh > 2016-07-14 12:08 | Report Abuse

Good for property stocks! http://nexttrade.blogspot.jp/2016/07/bnm-reduced-opr-to-3.html

Posted by Icon8888 > 2016-07-14 12:09 | Report Abuse

This morning I sapu more warrants

Posted by LoveyDovey > 2016-07-14 15:22 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/07/14/cimb-research-sees-upside-for-property-sector-after-cut-in-interest-rates/

KUALA LUMPUR: CIMB Equities Research remains Overweight on the property sector after Bank Negara Malaysia (BNM) announced it was lowering the Overnight Policy Rate (OPR) by 25bp to 3%.

It said on Thursday developers are undervalued and there is still upside to property share prices, supported by the recovery in property sales. The property sector is trading at 0.8 times price-to-book value (P/BV) at 30% discount to its 10-year average of 1.16 times.

“Although the KL Property Index has inched up 3% post-OPR cut, we believe there is still upside to property share prices, supported by the catalyst of recovery in property sales. Eco World remains our sector top pick. A sudden economic shock is the key downside risk to our sector call,” it said.

Following the cut in OPR, it said banks would be lowering their base rates and base lending rates. Every 25bp reduction in borrowing rate would reduce the monthly instalment for a 30-year mortgage loan by 3%. Homebuyers’ purchasing power would rise by similar quantum.

CIMB Research said a 25bp reduction in borrowing rates could increase consumers’ disposable income due to reduction in interest payments. This is likely to have some positive impact on consumer sentiment.

The interest in housing purchase has fallen since 3Q14 in tandem with consumer sentiment. A recovery in consumer sentiment could boost homebuyers’ confidence and lead to higher demand for property.

The research house said when it upgraded the property sector from Hold to Overweight in February 2016, it expected property sales in 2H16 to be better half-on-half due to gradual recovery in consumer sentiment from subsiding effects of political uncertainty, shock from the weak ringgit and low crude oil prices in 2015.

“The cut in OPR supports our view of improving consumer sentiment in 2H16, which could lead to property sales recovering sooner than later.

“Some may argue that the lower OPR would not cause banks to ease lending standards, citing 5M16 housing loan approval rate of only c.40%. However, the low loan approval rate of c.40% was computed based on the value of loans approved divided by value of loans applied.

“According to the Association of Banks in Malaysia, the loan approval rate in 2M16 would be c.80% if calculated based on the number of applications, rather than value,” said CIMB Research.

Posted by LoveyDovey > 2016-07-14 15:23 | Report Abuse

BUY BUY BUY .. MORE DIVIDENDS THIS YEAR !! GO GO GO
$$.$$

Posted by JimYeoh > 2016-07-14 15:57 | Report Abuse

collecting more..

Posted by vxpoison > 2016-07-14 18:21 | Report Abuse

buy on rumors.... sell on news....

Posted by darrenliew > 2016-07-15 10:33 | Report Abuse

POSITIVE CATALYSTS WILL COME SOON. BETTER 2Q RESULTS AND HIGHER DIVIDENDS ARE REAL AND TANGIBLE BENEFITS

Posted by vxpoison > 2016-07-15 14:03 | Report Abuse

will back to rm0.990 to rm1.000 for another round of consolidation. Buy on opportunity!

Posted by HantuGalah > 2016-07-15 15:25 | Report Abuse

betul ka?

Posted by azim1590 > 2016-07-15 16:23 | Report Abuse

hit rm1.07..gogogo!

Posted by JimYeoh > 2016-07-15 17:26 | Report Abuse

woohoo!

Posted by keepeng > 2016-07-15 18:25 | Report Abuse

wow!

Posted by LoveyDovey > 2016-07-18 11:24 | Report Abuse

GO GO GOOOO UP UP N AWAYYYYYY

Posted by JimYeoh > 2016-07-18 12:14 | Report Abuse

short term TP 1.30

Posted by darrenliew > 2016-07-18 13:50 | Report Abuse

UPTREND FIRMLY IN PLACE. CURRENT UPTREND WILL BE STRONGER SUPPORTED BY FURTHER IMPROVED FUNDAMENTALS. HENCE SHORT TERM PRICE TARGETS 1.30 TO 1.40 ARE ACHIEVABLE

Posted by tksw > 2016-07-19 15:37 | Report Abuse

kaput

Posted by azim1590 > 2016-07-19 16:09 | Report Abuse

dropped. time to accumulate before flying to rm1.10 soon..

Posted by Michael Wong Yew Kong > 2016-07-19 16:18 | Report Abuse

this counter very sensitive want. cannot always talk about it. The more we talk,the more it drop. Just sit quietly and wait for harvesting time to come. lol

Posted by keepeng > 2016-07-19 16:33 | Report Abuse

agreed with Mike

Posted by valueinvestor > 2016-07-22 19:41 | Report Abuse

http://www.tropicanacorp.com.my/property-collection

Posted by enid888 > 2016-07-27 15:47 | Report Abuse

Beginning of the road to recovery.
Company will be in net cash position.
Asset realisation has been very successful.
Landbanks are in strategic locations.

Posted by darrenliew > 2016-08-05 14:18 | Report Abuse

SECURITIES COMMISSION'S PLAN TO ALLOW THE LISTING OF PROPERTY REITS TO INCLUDE LANDBANKS. BIG LISTED PROPERTY COMPANIES , LIKE TROPICANA WITH BIG STRATEGICALLY LOCATED LANDBANKS WILL LIKELY TAP INTO THIS OPTION TO UNLOCK THEIR ASSET VALUES, RAISE CAPITAL, REDUCE THEIR GEARING, AND YET RETAIN THEIR CONTROLLING INTERESTS THROUGH THEIR LISTING OF SUCH REITS.

VERY POSITIVE CORPORATE PLAN FOR TROPICANA.
ALREADY VERY SUCCESSFUL IN ITS DEGEARING IN THE LAST FEW YEARS.
SUCH ENHANCED REITS WILL ACCELERATE ITS DEGEARING AND UNLOCK THE VALUE OF ITS LANDBANK EVEN FASTER.

THIS WILL BE A GOOD CATALYST TO FURTHER UNLOCK THE VALUE OF ITS UNDERVALUED ASSETS.

WILL BE A GOOD POSITIVE CATALYST TO BOOST ITS SHARE PRICE.

Posted by darrenliew > 2016-08-05 14:21 | Report Abuse

ITS AUDITED NTA IS RM2.15 PER FYE2015.
SHARE PRICE ONLY 1.04. SHOULD BE HIGHER TO REFLECT ITS TRUE VALUE

Posted by darrenliew > 2016-08-05 14:24 | Report Abuse

THE ENHANCED REITS WILL PROVIDE TROPICANA ANOTHER VIABLE OPTION FOR ITS DEGEARING EXERCISE BESIDES SELLING OUTRIGHT TO OTHERS.

SUCH REITS ALSO HAVE ADDITIONAL FINANCIAL BENEFITS AS STATED ABOVE

Posted by makubex718 > 2016-08-05 14:26 | Report Abuse

where can see? Got link?

Posted by darrenliew > 2016-08-05 14:53 | Report Abuse

SPINNING OFF SOME OF ITS LANDBANKS VIA A LISTINGOF ITS REITS WILL ALSO BRING IN STRONGER CASH INFLOWS AS WELL AS REALISE BIG CAPITAL GAINS AND INCREASE ITS PROFITS. CAN THEN PAY EVEN HIGHER DIVIDENDS (TO IMPROVE ON ITS 7 SEN DIVIDENDS PAID LAST YEAR). EG ITS RECENT SALE OF ITS PULAI/JB LAND FOR RM659M WILL REGISTER A CAPITAL GAIN OF RM55M