Posted by Michael Wong Yew Kong > 2016-10-13 11:13 | Report Abuse

Ya,very boring. im very patience person also cannot tahan already. Like wasting time here.
Still no movement before cny, i decided to sell. lol

Posted by hng33 > 2016-10-13 11:50 | Report Abuse

Be patience, just need to wait till next q result, next month, Trop is expect to declare dividend then.

Posted by Syakib Arsalan > 2016-10-13 17:19 | Report Abuse

zzzzzzzzzzzzzzz

Posted by property > 2016-10-16 12:41 | Report Abuse

Why not Tropicana reward us free warrant? Reward dividend hard to go up perhaps should try warrant?

Posted by bracoli > 2016-10-16 14:27 | Report Abuse

hi property maybe u can read about kcchongz writeup
http://klse.i3investor.com/blogs/kcchongnz/106438.jsp

Posted by valueinvestor > 2016-10-16 21:00 | Report Abuse

The Company has on 14 October 2016 fully redeemed the outstanding MTNs of RM280.0 million in nominal value issued under the CP/MTN Programme, following which the Company intends to cancel and terminate the CP/MTN Programme.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5232009

Posted by Ding Dingsheng > 2016-10-16 22:25 | Report Abuse

upon news for 58 million sales soon. hopes good new.

Posted by darrenliew > 2016-10-17 17:30 | Report Abuse

PERSONALLY I BECAME VERY TIRED OF HOLDING SO LONG HOPING AND WAITING FOR ITS DIVIDEND ANNOUNCEMENT FOR THE CURRENT YEAR.
DISAPPOINTED THAT THERE WAS NO DIVIDEND WHEN ITS 2Q/HALF YEAR RESULTS WAS RELEASED. DECIDED TO WAIT TILL NOVEMBER FOR ITS 3Q RESULTS AND HOPE TO GET A DIVIDEND THEN.
BUT LAST FRIDAY'S ANNOUNCEMENT THAT IT HAD USED RM280M FOR EARLY REDEMPTION OF ITS MTN LOAN MADE ME WONDER IF THIS USAGE OF ITS CASH WAS AT THE EXPENSE OF PAYING A DIVIDEND COME NOVEMBER (AS LESS CASH WILL AVAILABLE FOR DIVIDEND PAYMENT).
WITH THIS DOUBT AND BCOS OF THE MANY MAJOR ECONOMIC/POLITICAL UNCERTAINTIES NEXT MONTH (USA ELECTION AND INTEREST RATE HIKE N BERSIH5)
I FINALLY LIQUIDATED MY TROP

Posted by darrenliew > 2016-10-17 17:35 | Report Abuse

WILL NOW HAVE QUITE A TIDY AMOUNT OF CASH TO WAIT FOR BUYING OPPORTUNITIES WHEN THE MARKET CORRECTS TO LOWER PRICE LEVELS WHEN IT BECOMES AFFECTED BY ALL THESE UNCERTAINTIES. WILL HAVE A CLEARER MARKET DIRECTION BY EARLY DECEMBER

Posted by Icon8888 > 2016-10-17 18:22 | Report Abuse

You should stop looking at it. Then you won't feel impatient. I just put it aside and wait patiently. I holding Warrants at 31 sen cost. Very comfortable

Posted by chowsingchi > 2016-10-19 11:37 | Report Abuse

aiyo why is the warrants so low volume la. i wanna buy la

Posted by property > 2016-10-21 10:48 | Report Abuse

Budget today should allow more EPF withdrawal for 1st house purchase.

Posted by I_like_dividend > 2016-10-21 21:15 | Report Abuse

Budget 2017: PM unveils housing perks
http://www.thestar.com.my/news/nation/2016/10/21/budget-2017-pm-unveils-housing-perks/

Posted by CKNYAM > 2016-10-21 22:58 | Report Abuse

Vivocom’ entry into affordable housing will support earnings
October 19, 2016, Wednesday Sharon Kong, sharonkong@theborneopost.com


KUCHING: Vivocom International Holdings Bhd’s (Vivocom) entry into the affordable housing market will support earnings, the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) observes, given that there is ready demand for affordable housing in Perak and East Coast of Peninsular Malaysia.

According to MIDF Research in a corporate update, Vivocom management aspires to diversify the group’s project portfolio and improves its working capital via affordable housing projects.

“While an affordable housing project generally provides lower single-digit margin for contractors, nonetheless it generates orderbook backlog for longer-term as well as tighter contractual obligations,” the research arm said.

“This would help to match Vivocom’s total construction revenue and earnings with cash inflows from predictable progress billings.”

MIDF Research highlighted that the recently clinched Kinta Valley and Tronoh affordable housing projects are crucial as a learning curve to provide experience in value engineering, traction of gaining tender advantage and wide content application of industrialised building system (IBS) in constructing affordable housing units.

“Vivocom is upbeat especially in East Coast of Malaysia where the demand of affordable housing exceeds supply,” the research arm said.

It added that Vivocom’s management has indicated an expanding IBS content for building construction citing cost advantage as well as time savings as primary drivers.

In MIDF Research’s view, Vivocom’s interest in affordable housing segment comes as no surprise as the State Government of Perak has announced in January 2016, the rolling out of 10,000 units of affordable housing by 2018.

“The Perak Housing Department currently has a waiting list of more than 12,000 applicants for its affordable housing schemes.

“Another example is Terengganu, which has a waiting list of 56,000 applicants since end of 2015,” the research arm noted.

Meanwhile, on the strength on the group’s balance sheet, MIDF Research believed that Vivocom presents a compelling risk/reward opportunity amidst the pressured share price.

Vivocom’s orderbook of RM3.5 billion is at all time high or approximately 48-month orderbook backlog (38-fold financial year 2015 (FY15) construction revenue cover which is the highest in the research arm’s coverage).

Premised on the group’s FY15 working capital/net income cover of 12.1-fold and diligent FY15 working capital/orderbook cover of 0.03-fold, the research arm viewed that Vivocom’s balance sheet fundamental strength is set to outweigh the risk of heavy orderbook execution.

On to its FY16/FY17 earnings estimates, MIDF Research has altogether reiterated earnings projections which are underpinned by a growing orderbook of circa 15 per cent which will swell to more than RM4 billion based on affordable housing projects that Vivocom has tendered.

MIDF Research has also reaffirmed its ‘buy’ recommendation with a target price of RM0.63 per share based on FY17 sum-of-parts (SOP) methodology on an implied prospective price earnings ratio (PER) of 13-fold which is on the lower end of the research arm’s small to mid-cap construction PER range of 10-fold to 14-fold (up 1.3 standard deviation above the mean of 12).

Posted by UniC > 2016-10-21 23:00 | Report Abuse

Trop. for the next 20 year will be at rm1.00

Posted by CKNYAM > 2016-10-21 23:04 | Report Abuse

Total Value Date Receive LOA Date Commerce Date Completion Durations Remarks
1 Pavilion Hilltop, Mont Kiara fr CRCC 34,762,000.00 11/12/15 1/12/16 7/12/18 18 months
2 Rumah Selangorku Bdr Ulu Klang fr CRCC 116,400,000.00 12/8/15 1/18/16 7/1/17 18 months
3 1 Gateway Klang, Selangor fr CRCC 195,525,000.00 11/12/15 1/12/16 12/1/18 3 years
4 Neata Aluminium old orderbook as September 2016 351,753,000.00 11/12/15
Kemensah height (82.4mil),tamarind square(10.3mil),lumi tropicana (37.7mil), KL Gateway (15.4), Eclipse Residence (15mil)
5 Teras Millenium to Instacom for Telco Hub sites 29,000,000.00 11/12/15 1/12/16 8/12/16 7 months
6 Jointly Develop Kharisma Port Indonesia 1/15/16 No agreement sign
7 Desa Tasik Project fr Coneff Corp (2 block Commercial) 240,418,000.00 1/20/16 3/8/16 12/8/19 45 months
8 Desa Tasik Project fr Coneff Corp (24 storeys Condo ) 230,000,000.00 1/26/16
9 PBT Engineering for Third Avenue Cyberjaya to Neata 22,500,000.00 4/4/16 4/4/16 9/4/17 17 months
10 V-Development fr Gated Housing Bdr Ulu Klang 15,000,000.00 4/4/16 7/1/16 2/1/18 18 months
11 Green Venture Chepor Hulu Kinta Project 90,000,000.00 4/26/16
12 De Facto Wilayah Sultan Azlan Shah Hulu Kinta Project 160,000,000.00 5/5/16
13 Goldenhill Accenture Genting Sempah pahang project 46,000,000.00 5/20/16 7/20/16 7/20/18 24 months
14 Kiara5 Development Kg Kayu Ara Sg buloh 25,000,000.00 6/23/16 8/23/16 2/23/18 18 months
15 Lim Hoo Seng Construction Lorong stonor project to Neata 12,800,000.00 6/23/16 6/30/16 5/1/19 35 months
16 Seni perspek Bandar tasik Amanjaya Daerah kinta 756,000,000.00 8/4/16 JCA status
17 Green Venture Wilayah Chepor Project 18storeys Apartment 100,000,000.00 8/19/16 24 months
18 Dazamega Mukim Hulu Kinta Project 600,000,000.00 9/1/16 48 months HOA status
Total Project Pipeline that annouced in BursaMalaysia 3,025,158,000.00

Project Not Annouce Yet
19 Tropic Regal Sarawak 250,000,000.00
20 V Plaza Balakong 23,000,000.00
21 Regal Singapore 200,000,000.00
22 M101 Skywheel 500,000,000.00
23 Penang Tunnel 350,000,000.00
24. Gemas double track railway 300,000,000.00

Posted by tksw > 2016-10-25 08:57 | Report Abuse

Unic sifu, Trop so stable ah? I got to buy more lor, like that.

Posted by Jenas Tan > 2016-11-01 11:51 | Report Abuse

zzzz...why not moving..............

Posted by I_like_dividend > 2016-11-02 01:25 | Report Abuse

Perhaps must let Ecoworld takeover or Danny Tan privatize Trop?

Posted by Jenas Tan > Nov 1, 2016 11:51 AM | Report Abuse
zzzz...why not moving..............

Posted by Michael Wong Yew Kong > 2016-11-04 11:22 | Report Abuse

You just like A Sleeping Beauty but my patient has limit.Pls Wake up.

Posted by darrenliew > 2016-11-06 12:57 | Report Abuse

GETTING WORRIED
BRACING FOR HIGH VOLATILITY AND VULNERABILITY NEXT WEEK ARISING FROM NEGATIVE IMPACT NO MATTER WHO WINS THE US ELECTION.
A TRUMP PRESIDENCY WILL BE BAD DUE TO HIS DISRUPTIVE TRADE POLICIES ESPECIALLY HIS THREATS TO IMPOSE 45% IMPORT DUTIES AGAINST CHINESE EXPORTS
(CHINA'S ECONOMY WILL BE GREATLY HIT WITH DOMINO FALLOUTS ON ASEAN ECONOMIES)
A CLINTON WIN WILL ALSO NOT BE A WINNER FOR STOCKS DUE TO THE POLITICAL UNCERTAINTIES CAUSED BY LEGAL ACTIONS BY TRUMP/REPUBLICAN PARTY TO BLOCK AND IMPEACH HER RELATING TO HER ILLEGAL DELETIONS FROM HER PRIVATE EMAIL SERVER FOR WHICH THE FBI HAD REOPENED INVESTIGATIONS.)
THESE ARE MY WORRIES

Posted by darrenliew > 2016-11-06 13:16 | Report Abuse

SCARY WHEN I SEE SUCH ALERTS FROM LEADING ANALYSTS:
------------------------------------------------------------------------------------------

Red alert for US stocks with ‘very high’ chance of severe fall, warns HSBC
Gemma Acton | @GemmaActon
2 Hours AgoCNBC.com
"The possibility of a severe fall in the stock market is now very high," warn technical analysts at HSBC, who have dialed up the bank's outlook for U.S. stock markets to "red alert" following an aggressive wave of selling.
The warning heightens the note of caution in HSBC's tone from a September 30 report in which the bank issued a lower rated "orangealert", pointing to similarities between Dow Jones Index trading patterns seen just prior to the 1987 "Black Monday" stock market crash and now.
HSBC contends the "head and shoulders" shape - a visual representation of price trends which are seen to signify the approach of a market top – is currently in evidence for the industrials-focused index, saying the pattern has recently been tested and re-tested.
The report described Wednesday's sell-off as "broad-based" and as demonstrating "intense selling pressure", both factors in its decision to crank up the alert level.
The note highlights 17,992 points for the Dow and 2,116 points for the S&P 500 as the critical pivot points to watch for signs of a broader capitulation.
--------------------------------------------------------------------------------------------------------------------
DOW is breaking 18000?
| Publish date: Wed, 2 Nov 2016, 11:37 AM |
________________________________________

8.15am : DOW hit 18000 level now ... as I m watching it to break (short).

11.05 am : DOW broken 18000 ... short in FKLI.
--------------------------------------------------------------------------------------------------------------------

--------------------------------------------------------------------------------------------------------------------
Icahn: I'm 'more and more' concerned about the stock market
Berkeley Lovelace Jr. | @Blovelace_Jr
-------------------------------------------------------------------------------------------------------------------
David Stockman warns both Trump and Clinton could lead to 25% sell-off
Brian Price | @PriceCNBC
5 Hours AgoCNBC.com

David Stockman, the man widely credited as the "Father of Reaganomics", delivered an alarming message to investors.
Sell everything!
ADVERTISING
inRead invented by Teads
"The markets are hideously inflated," warned Stockman on CNBC's "Fast Money" this week. The former Director of the Office of Management and Budget under President Ronald Reagan urged investors to dump stocks and bonds ahead of the dangers that both Donald Trump and Hillary Clinton pose to markets if either is elected as President.
-----------------------------------------------------------------------------------------------------------------------
HOW TO INVEST WHEN FACED WITH SUCH FORECASTS?
JUST MY OWN DILEMMAS .
JUST SHARING

Posted by darrenliew > 2016-11-06 13:20 | Report Abuse

ABOVE ARE JUST MY PERSONAL ANXIETIES.
NOT CALLS TO BUY OR SELL ANY SHARES, ETC

Posted by Syakib Arsalan > 2016-11-08 17:23 | Report Abuse

zzzz

Posted by JimYeoh > 2016-11-10 16:58 | Report Abuse

Dividend coming soon!

Posted by Syakib Arsalan > 2016-11-11 15:47 | Report Abuse

Index like waterfall. Trop still x goyang.

Posted by hoongkk > 2016-11-12 18:38 | Report Abuse

good stock to keep. stable

Posted by Lee Richard > 2016-11-14 15:21 | Report Abuse

wow., despite target price of 1.95 .., the market price unmoved for ages at 1.020 ...

Posted by luckyman > 2016-11-16 20:15 | Report Abuse

This company has been sleeping for 2 years though it reported 》 RM0.5 billion net profit in total in the last 2 FYs. Waiting for it to wake up............................................

Posted by Jenas Tan > 2016-11-16 20:42 | Report Abuse

wait... the company is eating up the shares itself.... coming good!

Posted by bracoli > 2016-11-16 20:50 | Report Abuse

Always sharebuyback

Posted by darrenliew > 2016-11-16 21:33 | Report Abuse

TROPICANA : A REVIEW AND UPDATE
================================
LIKELY REBOUND AND START OF A NEW UPTREND IN ITS SHARE PRICE BASED ON THE FOLLOWING BULLISH CATALYSTS:-
1) IT IS EVEN MUCH MORE UNDERVALUED THAN MALTON.
TROP NTA 2.15.
WHILE MALTON’S NTA IS 1.60, MALTON’S SHARE PRICE HAD ALREADY RECENTLY RISEN A LOT (FROM 0.60 TO 0.755 A VERY GOOD UP 26%)
WHEREAS TROPICANA’S SHARE PRICE IS STILL AT ITS LOW OF 1.01.
TROP’S SHARE PRICE SHOULD BE THE NEXT TO MOVE UP.

2) LAST FEW YEARS TROP SOLD MULTI BILLIONS WORTH OF NON- CORE ASSETS. MORE CASH INFLOWS EXPECTED FROM THE RECENT SALE OF ITS PUDU PROPERTY FOR 58M AND ITS JOHORE LAND FOR 570M.
SUBSTANTIALLY REDUCED ITS BORROWINGS/GEARING FROM HIGH 7.7x to THE COMFORTABLE less than 3x NOW.
FREE CASH FLOWS HAD IMPROVED SO MUCH THAT IT RECENTLY MADE AN EARLY SETTLEMENT OF RM250M OF ITS MEDIUM TERM NOTES(LOAN). GEARING WILL BE REDUCED FURTHER, THUS REDUCING ITS INTEREST COSTS AND INCREASE ITS PROFITS.
3) EXPECTING ITS 3Q RESULTS/PROFITS TO JUMP UP DUE TO STILL SUCCESSFUL LAUNCHES OF ITS PROJECTS DUE TO THEIR PRIME LOCATIONS. 3Q PROFITS TO BE BOOSTED BY MUCH LOWER INTEREST COSTS AS BORROWINGS HAD BEEN GREATLY REDUCED FROM SALES OF LARGE VALUE NON- CORE ASSETS.

PROSPECTIVE GOOD DIVIDENDS ANNOUNCEMENTS IN THE NEXT 2 WEEKS.
LAST YEAR PAID A GOOD 7 SEN.DIVIDEND, ONE OF THE HIGHEST DIVIDEND YIELDS IN BURSA
LIKELY TO ANNOUNCE AN INTERIM DIVIDEND (A COMBINED CASH DIVIDEND AND TREASURY SHARES ( TODATE ALREADY HAS 19.8M TREASURY SHARES)
GETTING VERY POSITIVE AND OPTIMISTIC ON TROPICANA SHARE PRICE
TIME TO MOVE UP AFTER A VERY LONG CONSOLIDATION
(the above comments are my personal views & evaluation n for exchange n discussions)

Posted by curious2 > 2016-11-16 21:35 | Report Abuse

If only Ecoworld can takeover Tropicana how nice? Danny won't goreng his share.

Posted by darrenliew > 2016-11-16 22:08 | Report Abuse

GIVEN THE RIGHT GOOD NEWS AND ANNOUNCEMENTS IN THE NEXT 2 WEEKS (HIGHER 3Q RESULTS/PROFITS PLUS DIVIDENDS, TROP SHARE PRICE CAN MOVE UP.

MY PAST HAPPY EXPERIENCE. A FEW TIMES BOUGHT AROUND 1.02 SOLD BETWEEN 1.18 TO 1.28. IN SOME CASES ALSO REAPED ITS DIVIDENDS AS WELL.
SOLID FUNDAMENTALS. MY CONFIDENCE HAS GROWN

Posted by Michael Wong Yew Kong > 2016-11-17 09:06 | Report Abuse

Darren, tot you sold already cause last 2Q didnt pay any divided.

Posted by Michael Wong Yew Kong > 2016-11-17 09:08 | Report Abuse

This company always share buy back. I bet the 3Q result so so only. If good sure the share price already start rallying at lease break Rm1.10 by this time.

Posted by darrenliew > 2016-11-17 12:15 | Report Abuse

HI. MY FEARS AS DESCRIBED IN MY EARLIER POSTS ALSO CITED THE US PRESDIENTIAL ELECTIONS BASED ON THE DIRE FORECASTS IF TRUMP WINS. IN FACT MY FEARS WERE PROVEN AS ON THE 8/11 AS TRUMPS WAS ON COURSE TO WIN WORLD MARKETS FELL A LOT, INCLUDING OUR BURSA. AND THE DOW FUTURES INDEX WAS DOWN 900 POINTS.
HENCE MY DECISION TO EXIT BURSA INCLUDING TROP WAS JUSTIFIED. BUT REGRETTABLY THE DOW UNEXPECTEDLY TURNED UP 330 POINTS INSTEAD OF CRASHING. AND IT RALLIED FOR 7 DAYS.
HENCE TRUMP PRESIDENCY TURNED WORLD MARTS BULLISH FOR HIS PRO GROWTH POLICIES. THESE ARE THE REASONS I HAD ALSO NOW TURNED BULLISH. I AM NOW BUYING BACK INTO THE MARKET, INCLUDING TROP. WHY TROP AGAIN? I WAS IN BOTH MALTON AND TROP. WHILE MALTON WENT UP 26% TROP HAS NOT YET REBOUND UP. BOTH ARE FUNDAMENTALLY STRONG. TROP IS IN FACT HAS MUCH BETTER FUNDAMENTALS. AND I NOW BELIEVE 3Q RESULTS TO BE OUT THIS MONTH WILL BE GOOD (RM3B UNBILLED SALES GIVES GOOD EARNINGS VISIBILITY. ITS MUCH LOWER GEARINGS FOR THE PAST 2 YEARS WILL REDUCE ITS BANK INTEREST COSTS A LOT. IT MUST HAVE GOOD FREE CASH FLOWS AS IT EARLY SETTLED ITS RM250M MEDIUM TERM NOTES RECENTLY, ETC)
I GOT BACK MY CONFIDENCE IN TROP BASED ON THE ABOVE AND I BELIEVE ITS 3Q PROFITS WILL BE GREAT. TROP HAD NOW RESUMED BUYING BACK ITS OWN SHARES. ABT 19.8M TREASURY SHARES ARE NOW AVAILABLE FOR FREE DISTRIBUTION TO SHAREHOLDERS. ALSO SINCE THEY OMITTED ANY INTERIM D FOR THE 1ST 2 Q RESULTS, I BELIEVE DIVIDENDS(CASH D + TREASURY SHARES) WILL BE GIVEN WHEN ITS 3Q RESULTS ARE ANNOUNCED ANY TIME IN NEXT 1 TO 2 WEEKS

Posted by darrenliew > 2016-11-17 12:32 | Report Abuse

THE UNEXPECTED TURN OF EVENTS FOR THE US ELECTIONS AND THE WORLD STOCK MARTS BECOMING BULLISH DID CAUSED ME TO MISS SOME MONEY MAKING OPPORTUNITIES.
I DO NOT WISH TO ALSO MISS OUT ON TROPICANA NOW

LET HOPE MY RENEWED CONFIDENCE IN BURSA ESPECIALLY TROP WILL BE REWARDING.

BEST OF LUCK TO ALL

Posted by Syakib Arsalan > 2016-11-17 17:55 | Report Abuse

Trukpicana kembali ke kamar 1.00 untuk beradu. ZZZZZZ

Posted by BN_menang > 2016-11-21 10:07 | Report Abuse

Tropicana 0% plan to help ease financing woes-NST 21st Nov.

Posted by JimYeoh > 2016-11-21 16:07 | Report Abuse

Dividend announcement will come very soon!

Posted by darrenliew > 2016-11-22 13:37 | Report Abuse

EXPECTING A GOOD 3Q RESULTS N PROFITS PLUS A DIVIDEND ANNOUNCEMENT OF A COMBINED CASH DIVIDEND AND TREASURY SHARE DISTRIBUTION.
WILL BECOME PART OF THE COMING SANTA CLAUS RALLY + YEAR END/CNY RALLY.

Posted by limen12 > 2016-11-23 00:49 | Report Abuse

Any advise on TROP? so far one analyst report target price quite high. Interested to buy in but need some solid fundamental advise. Anyone can share their analysis of the company and why the TP is so high yet no price movement at all?

Posted by Michael Wong Yew Kong > 2016-11-23 09:43 | Report Abuse

At this price, u can buy without any worry, sure can sleep very soundly every night but u must has patience. lol

Posted by Michael Wong Yew Kong > 2016-11-23 09:46 | Report Abuse

Stock: [TROP]: TROPICANA CORPORATION BERHAD
Sep 13, 2016 09:12 PM | 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

Posted by darrenliew > 2016-11-23 12:13 | Report Abuse

AGREED . STRONG FUNDAMENTALS
NTA OR AUDITED VALUE OF EACH SHARE IS RM2.15
PAR VALUE RMI
1Q PROFIT 16M
2QCPROFIT 33M
YTD 1H YEAR PROFIT RM49M
2Q PROFIT DOUBLED THAT OF 1Q
RISING PROFITS LIKELY TO SEE COMING 3Q PROFITS TO INCREASE EVEN FURTHER.
HIGH DIVIDEND YIELD STOCK. LAST YEAR PAID 7 sen dividends

ANNOUNCEMENTS NEXT FEW DAYS

Posted by azim1590 > 2016-11-24 19:26 | Report Abuse

SINGLE TIER FIRST INTERIM DIVIDEND
OTHERS
TROPICANA CORPORATION BERHAD ("TROPICANA" or "the Company")SINGLE TIER FIRST
INTERIM DIVIDEND OF 2.5 SEN PER ORDINARY SHARE OF RM1.00 EACH FOR THE FINANCIAL
YEAR ENDING 31 DECEMBER 2016
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by darrenliew > 2016-11-24 20:42 | Report Abuse

LAST YEAR PAID 7 SEN DIVIDENDS (OVER 2 INTERIMS PLUS THE FINAL DIVIDEND)

THIS YEAR JUST DECLARED 1ST INTERIM 2.5 SEN FOR ITS 3Q RESULTS

HOPEFULLY IT WILL GIVE A 2ND INTERIM D WHEN RELEASING ITS 4Q RESULTS (AS AT 31/12/16) NEXT FEB 2017. THIS WILL BE GREAT AS WE CAN THEN POSSIBLY GETS A FINAL D (MAKING A TOTAL OF 3 DIVIDENDS AGAIN LIKE LAST YEAR) FOR ITS FULL YEAR RESULTS. THIS 2ND INTERIM CAN BE IN THE FORM OF FREE TREASURY SHARES. IT NOW ALREADY HAS AT LEAST 2O.1M TREASURY SHARES EQUIVALENT TO 1.388 SHARES PER EVERY 100 SHARES HELD( OR ABOUT 1.388 SEN SHARES DIVIDEND)

NORMALLY A FINAL DIVIDEND WILL BE PAID (ESPECIALLY FOR COMPANIES LIKE TROP WHO ARE NOW CASH RICH FROM DISPOSALS OF LARGE VALUE NON CORE ASSETS WHICH HAD REDUCED ITS GEARING FROM 7.7x to now <3 x AND WHOSE BUSINESS IS STILL CONSIDERED VERY PROFITABLE). LET SAY 3.5 SEN AS FINAL D.

TOTAL DIVIDENDS FOR 2016 WILL THEN BE :-

1ST INTERIM (DECLARED) 2.5 SEN CASH

2ND INTERIM (HOPEFULLY) 1.388 SEN EQUIVALENT OF 1.388 TREASURY SHARES

FINAL D (NORMALLY GIVEN) 3,5 SEN CASH (ESTIMATE)
----------------------------------------------------------------------------------------------------------------------
LIKELY TOTAL DIVIDENDS = 7.388 SEN
==========================================================================

TROPICANA SHARES WILL CONTINUE TO BE A BEAUTIFULLY HIGH DIVIDEND YIELD STOCK AT 7.388 SEN OR 7.388% (EXCEEDING LAST YEAR'S 7SEN)

(MUCH HIGHER THAN BANK FIXED DEPOSITS OF 3 TO 4 % PER ANNUM i.e.. FOR A FULL 12 MONTH PLACEMENT)
TROPICANA'S DIVIDEND ESTIMATED YIELD OF 7.388% GIVES MUCH HIGHER RETURNS AND YOU NEED TO WAIT ONLY FOR 3 SHORT MONTHS (DEC 2016 TO FEB 2017 with the 1st interim d receivable soon)

I PERSONALLY LOVES TROPICANA SHARES FOR ITS STRONG FUNDAMENTALS (NTA RM2.19) AND ITS VERY ATTRACTIVE DIVIDEND YIELDS.

Posted by BN_menang > 2016-11-24 20:49 | Report Abuse

Tropicana posts 3QFY16 net profit of RM34.8m, declares 2.5 sen dividend
By Supriya Surendran / theedgemarkets.com | November 24, 2016 : 8:12 PM MYT
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Translated by Google Translator:
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KUALA LUMPUR (Nov 24): Tropicana Corp Bhd posted a net profit for the third financial quarter ended Sept 30, 2016 (3QFY16) of RM34.8 million, down 77% from RM151.78 million a year ago due to the absence of one-off gain on disposals.

In a statement today, Tropicana said the decrease in profitability was due to one-off gain disposals of properties and a subsidiary of RM161.7 million registered in the previous corresponding period.

Revenue for 3QFY16 came in at RM357.08 million, 46% higher than its 3QFY15 revenue of RM244.58 million fuelled by higher revenue recognition across key projects within the Klang Valley and northern region.

The group also declared a dividend of 2.5 sen per share. The dividend consists of an electable portion of 2.5 sen which can be elected to be reinvested in new ordinary shares of Tropicana in accordance with the Dividend Reinvestment Scheme. The book closure date will be announced at a later date

For the nine months ended Sept 30, 2016 (9MFY16) Tropicana reported a net profit of RM83.28 million, from RM194.23 million a year ago.

Revenue for 9MFY16 came in 5.7% higher at RM1 billion, compared with RM947.83 million a year ago.

“With an unbilled sales of RM2.6 billion, the group remains well-positioned to achieve its full-year sales target of RM1.2 billion, anchored by encouraging demand for its developments in prime locations, coupled with its 17 on-going projects and strategic approaches to unlock the value of over 1,300 acres of prime land with potential gross development value in excess of RM50 billion,” Tropicana said.

While prospects for the property sector remains challenging in the short-term, the group believes that there will still be demand for landed properties and integrated developments in prime locations with accessibility to good amenities and attractive pricing.

Going forward, Tropicana’s strategy will remain to be market driven and adapted to market demand.

In the last quarter of FY16, Tropicana is offering tailored financial schemes, a 0% interest plan to ease buyers’ cash flow burden and help them overcome down payment issues, where buyers can opt to settle the differential sum, which is the difference between the purchaser's loan and the balance purchase price via instalments over six months, 12 months or 24 months, depending on the property purchased across six premier developments in the Klang Valley.

The properties are Parkfield Residences and Ridgefield Residences, the second and third phases of Tropicana Heights in Kajang; Bayan Residences and Cheria Residences, the second and third phases of Tropicana Aman in Kota Kemuning; Paloma Serviced Residences, the second residential phase of Tropicana Metropark in Subang Jaya; and Dianthus Serviced Residences, the fourth phase and final tower of Tropicana Gardens in Kota Damansara

Tropicana shares were unchanged at RM1 today, for a market capitalisation of RM1.43 billion.
http://www.theedgemarkets.com/my/article/tropicana-posts-3qfy16-net-profit-rm348m-declares-25-sen-dividend

Posted by luckyman > 2016-11-24 20:49 | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=76310&name=EA_GA_ATTACHMENTS