Well said. After a long consolidation the timing will be just right. From now onwards all will be good news. Fixing the interim dividend ex date, releasing a strong set of 4Q/full year results together with a good Final Dividend. All set to happen any time now to ride on the year end rally followed by the CNY Rally and boosted by the General Election
TAN FAMILY ARE FAMOUS CHARITY PERSON , HE WILL RUN TRUTH THE PROMISED which is tradisional , MASTER in distributed MERRY CHRISTMAS PRESENT such is FITTED , WISH ALL FRENCY HERE BENEFITED .
DONATION TO WHOLE SHAREHOLDER is necessary , coz TAN FAMILY believe on sharing happiness , given them the new hope in the new years , especially CHRISTMAS , being them GOOD LUCK .
look at it this way....the owner owns 70%++ of the shares.
hence with div declare they will get the bulk of the div regardless of share price up or down.
hence a simple question to you guys....
would u care to up the price if u are still getting most of the div? would u care if the share price is high or low if u are not getting private placement? or investors from outside?
selfish talk , i managed to get the meaning , but not apply in this stock , whole family member are united , time come , fierce face will implement , Tan family just low profile for a moment , they also need show the savage wing in correct timing , giant always different react , last also the face to show public , coz image purpose , who is more in term wealthy .
lol....i am still wondering what the heck he is saying....
anyway this is a public forum and is open for public discussion....merely saying my opinion on trop is not selfish...unless u hold a lot of trop shares n are pissed becoz the share price is not going up and dun like what i said about it....hehe
I am wonder , TAN family isn't christian ??? last time hero for charity ??? Poor economic ??? Malaysia RINGGIT plunged down further ??? Property market in future ??? , MIGRATE WIND ???
With d above announcement confirming the completion of d sale on 31/12/16, a summarised review n update is timely:- A strong set of results for 2016 is very likely based on . rising sequential quarterly profits had been seen ( 1Q 16m. 2Q 33m. 3Q 37m. 4Q expected to be higher due to asset disposals as detailed on 4/12/16. ( re-summarised here: Total capit gain 85.1m. Total net cash proceeds 313m) These financial data plus its unbilled sales of 2.6b are indicative of very good/bumper 4Q profits. Full year profits for 2016 should be excellent.
Will be getti.g our Interim Dividend 2.5 sen soon. With expected 4Q/full yr profits to b very good, we should be getting a higher FINAL DIVIDEND.
LAST YEAR PAID DIVIDEND 7 SEN.
THIS YEAR LIKELY TO BE 7.388 SEN (interim 2.5 sen plus final 4.838 sen comprising cash D 3.5 sen and Treasury shares 1.338/100)
(JUST MY ESTIMATE. HOPE MY WISH WILL COME TRUE IN FEBRUARY 2017.
MY FIGURE FOR CAPITAL GAINS RM 85.1M FOR FY2016 WAS CORRECT AS IT COMPRISED SALES OF 4 PROPERTIES (of which d Pudu property is just one of them.) I WAS REFERRING TO CAPITAL GAINS. NOT THEIR SALES VALUES WHICH WERE MUCH HIGHER. EG D SALE OF D ONE TO KENANGA INVESTMENT BANK WAS RM140M. (plse refer to the 4 properties sales details in my post on 5/12/16) IN ADDITION to RM85.1m CAPITAL GAIN WHICH WILL BOOST UP 2016 PROFITS, THE NET SALES PROCEEDS OF RM313M (after settling related bank loans) will increase TROP'S FREE CASH FLOWS WHICH AUGERS WELL FOR HIGHER DIVIDENDS.
NOTED FROM ITS BALANCE SHEET GOT CASH IN HAND RM1 Billion as at 30/9/16 plus increasing quarterly profits plus much lower gearing = ability to pay good dividends. A UNIVERSAL POSITIVE ON DIVIDENDS. IT BENEFITS ALL. BOTH MAJOR AND ORDINARY SHARE HOLDERS
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....
Michael Wong Yew Kong
1,240 posts
Posted by Michael Wong Yew Kong > 2016-12-08 14:34 | Report Abuse
break rm1. Pop pop firecracker. lol