RESULT OUT , SHOOT SKY HIGH , EARTH QUAKE IS CONFIRM LANDED , I withdraw all my insult word lately , this morning inside my dream land , TROPICANA SHOOT across 1.20 , focus 1.50 target journey , DARK HORSE wake up .
Declare pump in capital one short round up , all in , REFORMACY , one short in , gain back the previously lose , some time god are too nice , give a good direction , money earn until not way park , HENG ONG HUAT LAHHHHHH .
Dun trust these Tan's brothers. They themselves making money but not the shareholders.I m ok others making money but not me on these Tan's brothers counters.
SUMMARY OF PROFITS AND DIVIDENDS/ DIVIDEND YIELD ================================================= PROFITS (2016) ============= 1Q +16.9M 2Q +31.7M 3Q +36.9M 4Q +29.5M TOTAL PROFITS 115M (EPS 7.87 SEN) ------------------------------------------------------
DIVIDENDS ========= 1ST INTERIM D 2.5 SEN (PAID 24/2/17)
FINAL D ( LIKELY COMPRISING Treasury Shares 20.1m equivalent to :- ) 1.37 SEN
PLUS CASH D 3.5 SEN =========================================== TOTAL DIVIDENDS (EST,) = 7.37 SEN ===========================================
HIGH DIVIDEND YIELD OF 7.48 % (MUCH HIGHER THAN BANK FD AND EPF D) ==============================================================
WITH NTA 2.19 PER SHARE AND A LANDBANK MAINLY IN PRIME LOCATIONS IN SELANGOR AND KL (WITH GDV RM50Bs) AND ITS HIGHLY ATTRACTIVE DIVIDEND YIELDS, TROPICANA SHARES ARE SOLID FOR INVESTMENT. (2015 ALSO PAID TOTAL DIVIDENDS > 7% ).
Improved quite a lot. Result dragged down by a spike in interest expenses by more than RM10 mil. Not sure what caused it. May be due to fee incurred for refinancing activities, etc
IN FACT FOR FY2015 TROP PAID A 1ST INTERIM OF 2 SEN (PART OF TOTAL D OF 7 SEN) FOR FY 2016 OUR 1ST INTERIM WAS HIGHER AT 2.5 SEN. HENCE OPTIMISTIC OF A REPEAT OF TOTAL D > 7 SEN FOR FYE 31/12/2016
IN TROP U CAN ALWAYS RELY ON ITS SOUND FUNDAMENTALS AND HIGH DIVIDEND YIELDS TO PROTECT YOUR INVESTMENT AND STILL GIVES U A REASONABLY GOOD FINANCIAL RETURNS OF 7% OR MORE. ON SEVERAL OCCASIONS WAS ABLE TO REAP CAPITAL GAINS WHEN ITS SHARE PRICES WENT UP TO 1.18 TO 1.20 LAST YEAR. IN ADDITION ALSO RECEIVED CASH PLUS TREASURY DIVIDENDS TOTALLING 7 SEN GIVING DIVIDEND YIELDS OF 7 TO 7.5 % RETURNS. TOTAL GAINS WERE PRETTY GOOD (ALTO NOT SPECTACULAR, WE DO NOT FACE MUCH MARKET RISKS) FOR FYE2016 IT PRODUCED A COMMENDABLE SET OF RESULTS (DESPITE HEADWINDS IN THE CURRENT PROPERTY MARKETS) MEANWHILE HOLDING TIGHT TO WAIT FOR ITS COMING AGM WHEREIN IT WILL ANNOUNCE ITS FINAL DIVIDENDS AS PART OF ITS AGENDA TO BE APPROVED. I BELIEVE I WILL CONTINUE TO RECEIVE ABOVE 7 SEN(7.73 SEN AS ENVISAGED ABOVE POSTING YESTERDAY) OR A GOOD 7.48% DIVIDEND YIELD.
HIGH DIVIDENDS ARE PRECIOUS IN SHARE INVESTMENTS. IT BENEFITS ALL INVESTOR, BOTH MAJOR SHAREHOLDERS AND MINORITY SHAREHOLDERS LIKE ME.
4Q RESULTS COULD HAVE BEEN BETTER IF ALL THE EXPECTED CAPITAL GAINS DERIVED FROM DISPOSALS OF NON CORE ASSETS WERE FULLY CAPTURED IN ITS ACCOUNTS. WITHOUT THE BENEFIT OF DETAILED INFO ON ITS ACCOUNTING TREATMENT FOR SUCH DISPOSALS OUR PREDICTIONS WERE SLIGHTLY INACCURATE. BUT OVERALL ITS 4Q AND FULL YEAR PROFITS WERE STILL GOOD
GALANT. EXPECT BETTER INVESTORS SUPPORT FROM NOW TO NEXT AGM DATE TO APPROVE ITS CORPORATE AGENDA ( INCLUDING THE FINAL DIVIDEND TO BE ANNOUNCED TOGETHER WITH ITS CIRCULAR NOTICE FOR ITS AGM)
EXPECTATIONS OF A GOOD FINAL DIVIDEND PLUS OTHER POSITIVE CATALYSTS LIKE NEWS ON ITS ICONIC/LANDMARK PROJECT IN JLN BUKIT BINTANG, WILL SPUR BUYING INTO TROP SHARES. HENCE TROP SHARE PRICE WILL LIKELY STRENGTHEN INTO A STEADY UPTREND DURING THE 1Q AND 2Q OF THIS YEAR.
darebliew sifu, Trop still got hope for treasury shares distribution meh? the dividend re investment program may reduce the treasury shares already wor
TREASURY SHARES AVAILABLE FOR DISTRIBUTION REMAINS AT 20.1M I HAD ALREADY TAKEN INTO ACCOUNT THE INCREASE IN TROP'S CAPITAL BASE DUE TO ITS RECENT DIVIDEND RE-INVESTMENT PROGRAMME (INCREASED FROM 1.448B TO 1.465b SHARES TO ARRIVE AT ITS EQUIVALENT OF 1.37 SEN.
WORTHY TO NOTE THAT MOST PROFIT MAKING LISTED CORPORATIONS WILL ALWAYS GIVE A FINAL DIVIDEND FOLLOWING ITS FULL YEAR RESULTS. PURSUANT TO LISTING RULES ALL LISTED ENTITIES MUST CALL AN AGM TO APPROVE ITS COMPLETED YEAR'S ACCOUNTS INCLUDING ITS FINAL DIVIDEND DECLARED.
TROP HAS BEEN CONSISTENTLY MADE PROFITS EVERY YEAR AND HAS ALWAYS PAID ITS FINAL DIVIDENDS. HENCE I AM VERY OPTIMISTIC TO RECEIVE ANOTHER 4.87 SEN IN FINAL DIVIDENDS (COMPRISING TREASURY SHARES WORTH 1.37 PLUS A CASH D OF 3.5 SEN MAKING A TOTAL OF 7.37 SEN OR A DIVIDEND YIELD OF 7.48%)
AN ANNOUNCEMENT SETTING THE DATE FOR ITS AGM AND ANNOUNCING ITS FINAL DIVIDENDS WILL BE MADE SOON.
JUST TO MAKE A JOKE. IN A JOVIAL MOOD NOW. LIKELY BEING CHEERED UP BY THE PROMISING PROSPECT OF A NEAR TERM FINAL DIVIDEND TO BE DECLARED WHEN THEY ANNOUNCE ITS AGM DATE. FEELING A BIT TICKLISH WHEN tksw CALLED ME "sifu". I AM JUST A LAYMAN TRYING TO USE SOME FINANCIAL N ECONOMIC JARGON. HA HA HA !!!
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....
kudamuda
293 posts
Posted by kudamuda > 2017-02-17 11:09 | Report Abuse
Anyone choose the dividend reinvestment?