TROPICANA CORPORATION BERHAD

KLSE (MYR): TROP (5401)

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Last Price

1.19

Today's Change

-0.01 (0.83%)

Day's Change

1.18 - 1.20

Trading Volume

2,510,500


9 people like this.

11,004 comment(s). Last comment by DreamGuardian 3 weeks ago

hng33

20,515 posts

Posted by hng33 > 2016-08-26 08:53 | Report Abuse

Icon8888

Tropicana is high dividend yield stock, but, warrant are NOT entitle and its intrinsic value is reducing over time

Icon8888

18,659 posts

Posted by Icon8888 > 2016-08-26 09:49 | Report Abuse

thank you sifu hng33

hng33

20,515 posts

Posted by hng33 > 2016-08-26 09:53 | Report Abuse

Icon8888

You are expert in warrant, admire your profit in AA, multiple fold of profit is just amazing. You are a real sifu in i3, highly respect.

SharkTank

1,064 posts

Posted by SharkTank > 2016-08-26 10:03 | Report Abuse

No divvy, no move? Good results and company moving in a great direction with high value potential not to mention great net asset per share but yet why trading at 1.03 now?! Im not familiar with their divvy policy, anyone can help me out?

Icon8888

18,659 posts

Posted by Icon8888 > 2016-08-26 11:24 | Report Abuse

bought more Trop-WA this morning

darrenliew

1,046 posts

Posted by darrenliew > 2016-08-26 11:53 | Report Abuse

FUNDAMENTALS HAD STRENGTHENED.
NEW SALES FOR 6 MONTHS OF 2016 AT RM502M WAS COMMENDABLE WHEN CURRENT PROPERTY MARKETS WERE SOFTER. PROJECTS IN GOOD LOCATIONS HELPED.

UNBILLED SALES AT RM2.8B GAVE GOOD EARNINGS VISIBILITY FOR 2Q AND 3Q 2016 RESULTS. THIS WILL BE ENHANCED WHEN THE SALES OF 2 COMMERCIAL BUILDINGS FOR RM154M AND RM55M ARE INCLUDED IN THE NEXT 2 Q RESULTS.
TO BE FURTHER ENHANCED WITH THE PROGRESSIVE COMPLETION OF ITS SALE OF JB LANDS FOR RM659M.

PROFIT MARGINS INCREASED WITH VERY SUCCESSFUL DEGEARING RESULTING IN GREATLY REDUCED BANK INTEREST COSTS = HIGHER AND HIGHER PROFITS.

SUSTAINABLE BUSINESS N PROFIT GROWTH. NOTE NTA IS NOW RM2.17

Icon8888

18,659 posts

Posted by Icon8888 > 2016-08-26 11:54 | Report Abuse

this company has very strong shareholder

I sleep well

darrenliew

1,046 posts

Posted by darrenliew > 2016-08-26 12:20 | Report Abuse

LAST YEAR GAVE SEVERAL DIVIDENDS TOTALLING 7 SEN.

EXPECTING GOOD DIVIDENDS THIS YEAR ALSO (BASED ON IT ALREADY HAVE 19.59M TREASURY SHARES AVAILABLE FOR DISTRIBUTION TO SHAREHOLDERS PLUS
STRONG FREE CASH FLOWS RECEIVED FROM PROGRESSIVE RECEIPTS OF UNBILLED SALES AND FROM DISPOSALS OF BIG VALUE NON CORE ASSETS PLUS HIGHER QUARTERLY PROFITS

hng33

20,515 posts

Posted by hng33 > 2016-08-26 13:14 | Report Abuse

Hold and wait for Trop dividend to be declare next quarter Q3 and final quarter Q4 for attractive 7% yield

tksw

12,854 posts

Posted by tksw > 2016-08-26 16:15 | Report Abuse

Trop became Drop...

tksw

12,854 posts

Posted by tksw > 2016-08-26 16:45 | Report Abuse

Icon sifu, Trop drop 3 sen on better resuts, how can no buy? I bot some at 103

Posted by Michael Wong Yew Kong > 2016-08-26 17:01 | Report Abuse

Drop 4cent with good result and bla bla bla. lol

hng33

20,515 posts

Posted by hng33 > 2016-08-26 17:52 | Report Abuse

The drop could be due to market disappointment over its reduce its unbilled sale from over RM 3 billion to latest q RM 2.8 billion, it send signal slow in new sale property to replenish its unbill order. Nevertheless, Trop profit margin have improve due to lower interest cost and strengthen balance sheet. Awaiting now for its dividend next now.

Frank Tan

533 posts

Posted by Frank Tan > 2016-08-26 18:18 | Report Abuse

Bjcorp n Trop??? Tan brorhers?Market hate them?

darrenliew

1,046 posts

Posted by darrenliew > 2016-08-26 19:16 | Report Abuse

AGREED WITH HNG33. WHILE ITS 2 Q RESULTS WERE IN FACT BETTER THAN ITS 1QM ITS SHARE PRICE DIPPED AS SOME PUNTERS "SELL ON NEWS"
ITS SHARE PRICE WILL STEADY BACK AS IT IS SUPPORTED BY STRONG FUNDAMENTALS.
ITS NEXT CATALYSTS WILL INCLUDE POSITIVE NEWS FLOWS FROM ITS SALE OF JB LANDS FOR RM659M AS WELL AS DIVIDEND ANNOUNCEMENTS

Frank Tan

533 posts

Posted by Frank Tan > 2016-09-01 20:14 | Report Abuse

TROPICANA CORPORATION BERHAD ("TROPICANA" OR "COMPANY")
DISPOSAL OF OFFICE PREMISES AT DAMANSARA INTAN, PETALING JAYA SELANGOR TOGETHER WITH ACCESSORY PARCELS COMPRISING APPROXIMATELY 1,519 CAR PARKING BAYS AND SUCH OTHER FIXTURES AND EQUIPMENTS INSTALLED AND AFFIXED ON VARIOUS AREAS WITHIN THE COMPLEX, BY DICORP LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF BAKAT RAMPAI SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF TROPICANA

Posted by valueinvestor > 2016-09-01 20:44 | Report Abuse

Extraordinary gain of RM18 mil to be realized in Q4, 2016 from disposal of car parks.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5195717

hng33

20,515 posts

Posted by hng33 > 2016-09-02 11:12 | Report Abuse

Trop is high yield stock, just need to wait for its upcoming dividend to push up share price significantly.

tksw

12,854 posts

Posted by tksw > 2016-09-02 18:11 | Report Abuse

shhhhhhh....

Posted by Michael Wong Yew Kong > 2016-09-02 18:40 | Report Abuse

lol

tksw

12,854 posts

Posted by tksw > 2016-09-05 17:49 | Report Abuse

wait lar....the longer the higher

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-09-06 14:40 | Report Abuse

very soon..

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-09-06 14:41 | Report Abuse

Good things come to those who wait

Posted by Brad Wong > 2016-09-06 17:40 | Report Abuse

Confident in TROP =) Strong company history, good dividend yield over the years

darrenliew

1,046 posts

Posted by darrenliew > 2016-09-07 14:48 | Report Abuse

WAITING FOR 3Q RESULTS IN NOVEMBER

Posted by valueinvestor > 2016-09-12 20:21 | Report Abuse

It will be an awesome move to sell off the hotel as this business with long gestation period will only drag its balance sheet with higher borrowings.

Posted by Michael Wong Yew Kong > 2016-09-13 21:12 | Report Abuse

Cash in hand almost 1b, assets 7b, Dept less then 2b......!!!
kaw kaw divided. lol
http://markets.ft.com/data/equities/tearsheet/financials?s=TROP:KLS

darrenliew

1,046 posts

Posted by darrenliew > 2016-09-17 11:11 | Report Abuse

DISAPPOINTED THIS 1st HALF YEAR NO INTERIM DIVIDEND (unlike last year 1H)
GOT TO WAIT UNTIL NOVEMBER FOR 3Q RESULTS) TO SEE IF ANY INTERIM DIVIDEND FOR THIS YEAR

Posted by Syakib Arsalan > 2016-09-22 15:33 | Report Abuse

Trop memang terukkk. Good bye......

Posted by Michael Wong Yew Kong > 2016-09-23 10:09 | Report Abuse

Agreed . UEMS fly up up away and Trop is still a sleeping beauty.lol

Posted by Syakib Arsalan > 2016-09-23 12:26 | Report Abuse

This 'terukpicana' get lots of profits but so kedekut. No dividen no gain only sleeping and sleeping.

Posted by valueinvestor > 2016-09-26 21:57 | Report Abuse

Other than Affin Hwang Research, no other research houses are covering or promoting this counter, unlike Eco World and Mah Sing which are well covered by research houses.

Hence, this counter has been really 'sleeping' well for a long long time. Maybe its shareholder and management team are also sleeping too for not getting the coverage by research houses to promote the company, like Mah Sing & Eco World. :-(

tksw

12,854 posts

Posted by tksw > 2016-09-28 21:24 | Report Abuse

valueinvestor sifu, people are collecting quietly ma, collect share dun make noise ma, make noise no cheap stock

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-09-29 12:11 | Report Abuse

dividend coming soon..

Posted by I_like_dividend > 2016-09-30 09:35 | Report Abuse

Why not Danny Tan privatise?

Posted by I_like_dividend > 2016-09-30 09:36 | Report Abuse

Now Danny own above 70% just need less than 20% to privatise.

Posted by I_like_dividend > 2016-09-30 09:44 | Report Abuse

NTA RM 2.17 so cheap to buy now. Every time Trop announce asset disposal they make gain and reduce bank borrowings.

Posted by Michael Wong Yew Kong > 2016-10-04 09:55 | Report Abuse

Go go trop. Rallies your stock.

tksw

12,854 posts

Posted by tksw > 2016-10-04 18:00 | Report Abuse

Michael Wong sifu, trop go ho-lan wor, 102 oso got, how?

gr980com

80 posts

Posted by gr980com > 2016-10-04 18:05 | Report Abuse

thanks for sharing

Posted by Michael Wong Yew Kong > 2016-10-04 22:53 | Report Abuse

hold until cny 2017. still cannot up, lets go ba...!!!

Jenas Tan

160 posts

Posted by Jenas Tan > 2016-10-05 15:22 | Report Abuse

when is next announcement?

JimYeoh

1,514 posts

Posted by JimYeoh > 2016-10-06 10:08 | Report Abuse

Good news coming soon!

Posted by Ang Kian Teck > 2016-10-06 10:52 | Report Abuse

What good news?

Posted by I_like_dividend > 2016-10-10 21:25 | Report Abuse

Tropicana increases Sky Express Hotel disposal price to RM58 million
http://www.theedgemarkets.com/my/article/tropicana-increases-sky-express-hotel-disposal-price-rm58-million

tksw

12,854 posts

Posted by tksw > 2016-10-11 09:12 | Report Abuse

form part of the sales proceeds ma,,, not additional wor,... veli difficult ingeris

Posted by Syakib Arsalan > 2016-10-13 10:00 | Report Abuse

Boring

Bizfuneng

883 posts

Posted by Bizfuneng > 2016-10-13 11:12 | Report Abuse

Agreed........waiting for years ady

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