TROPICANA CORPORATION BERHAD

KLSE (MYR): TROP (5401)

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Last Price

1.31

Today's Change

-0.01 (0.76%)

Day's Change

1.29 - 1.34

Trading Volume

2,500,400


9 people like this.

11,003 comment(s). Last comment by baohulu88 1 week ago

kudamuda

293 posts

Posted by kudamuda > 2017-02-17 11:09 | Report Abuse

Anyone choose the dividend reinvestment?

Posted by Michael Wong Yew Kong > 2017-02-17 13:58 | Report Abuse

i take the cash.

azim1590

60 posts

Posted by azim1590 > 2017-02-17 15:55 | Report Abuse

i also take cash

wei007

43 posts

Posted by wei007 > 2017-02-17 18:20 | Report Abuse

i also take cash

Frank Tan

533 posts

Posted by Frank Tan > 2017-02-17 22:51 | Report Abuse

i take cash

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-02-17 23:48 | Report Abuse

LIkewise cash

Posted by Michael Wong Yew Kong > 2017-02-20 10:09 | Report Abuse

Mostly take cash meaning retail investor lose hope on this counter.

kudamuda

293 posts

Posted by kudamuda > 2017-02-20 10:09 | Report Abuse

looks like most ppl take ca$h :D

Posted by Syakib Arsalan > 2017-02-20 12:37 | Report Abuse

i take cash. Tortoise and sleepy counter.

azim1590

60 posts

Posted by azim1590 > 2017-02-20 14:58 | Report Abuse

when will the Q4 report be announced?

Posted by Michael Wong Yew Kong > 2017-02-20 16:00 | Report Abuse

coming soon, this few week. The result should be OK. If the result good the price should rally by now.

JEFT836

38 posts

Posted by JEFT836 > 2017-02-20 16:41 | Report Abuse

anyone got any idea in Q3 2016: cash balance rm970mn. out of rm352mm not available to use? why?

Posted by Thomas Yau > 2017-02-20 21:02 | Report Abuse

Hope Q4 result came out and the stock price rally =D

Posted by khatulistiwa1234 > 2017-02-21 07:41 | Report Abuse

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 .

Posted by khatulistiwa1234 > 2017-02-21 07:44 | Report Abuse

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 .

azim1590

60 posts

Posted by azim1590 > 2017-02-21 10:53 | Report Abuse

will take out all my cash in trop after Q4 result released. waiting for final dividend (if any)

linges

2,689 posts

Posted by linges > 2017-02-21 11:13 | Report Abuse

Freshly entered trop @1

Posted by Michael Wong Yew Kong > 2017-02-21 14:56 | Report Abuse

linges. Nice, good luck and stay calm.

Posted by Syakib Arsalan > 2017-02-23 10:29 | Report Abuse

zzzz

linges

2,689 posts

Posted by linges > 2017-02-23 10:32 | Report Abuse

Thx @ Michael ;)

Posted by khatulistiwa1234 > 2017-02-23 18:28 | Report Abuse

UP UP UP is confirm landed , QUARTER REPORT will be OUT any moment , maybe LATE NOON tomorrow .

Posted by Michael Wong Yew Kong > 2017-02-24 09:33 | Report Abuse

Today is payment date.

Galant

171 posts

Posted by Galant > 2017-02-24 10:16 | Report Abuse

Judging from price movements, QR can't be very good.

Posted by Michael Wong Yew Kong > 2017-02-24 10:37 | Report Abuse

omg 90cent now. haiz :(

JimYeoh

1,514 posts

Posted by JimYeoh > 2017-02-24 11:48 | Report Abuse

reloading..

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-02-24 11:57 | Report Abuse

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.

Posted by Syakib Arsalan > 2017-02-25 11:43 | Report Abuse

.995 Lol

steveooikp

4,689 posts

Posted by steveooikp > 2017-02-27 14:35 | Report Abuse

.99.... wtf....

Posted by Michael Wong Yew Kong > 2017-02-27 16:50 | Report Abuse

Blood bath Monday. :(

steveooikp

4,689 posts

Posted by steveooikp > 2017-02-27 17:40 | Report Abuse

QR out already???

msyahid

312 posts

Posted by msyahid > 2017-02-27 19:27 | Report Abuse

QR ready..

Frank Tan

533 posts

Posted by Frank Tan > 2017-02-27 19:46 | Report Abuse

out dy,a bit improve only.

darrenliew

989 posts

Posted by darrenliew > 2017-02-27 20:42 | Report Abuse

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% ).

darrenliew

989 posts

Posted by darrenliew > 2017-02-27 20:44 | Report Abuse

THERE WILL ALWAYS BE FINAL DIVIDENDS

Icon8888

18,658 posts

Posted by Icon8888 > 2017-02-27 20:45 | Report Abuse

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

luckyman

732 posts

Posted by luckyman > 2017-02-27 20:48 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=954663

http://klse.i3investor.com/servlets/stk/fin/5401.jsp?type=annualUnaudited

Consistently making profits in the last 10 years despite challenging market..., better than many other companies & other sectors......

darrenliew

989 posts

Posted by darrenliew > 2017-02-27 20:50 | Report Abuse

FINAL DIVIDENDS WILL BE ANNOUNCED TOGETHER WITH ITS AGM DATE

darrenliew

989 posts

Posted by darrenliew > 2017-02-27 21:01 | Report Abuse

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

darrenliew

989 posts

Posted by darrenliew > 2017-02-28 11:00 | Report Abuse

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.

CHEERS

JEFT836

38 posts

Posted by JEFT836 > 2017-02-28 15:10 | Report Abuse

your predictions a bit out? example Q4 results

Galant

171 posts

Posted by Galant > 2017-02-28 17:42 | Report Abuse

Hold 1 more quarter see how....

darrenliew

989 posts

Posted by darrenliew > 2017-02-28 17:46 | Report Abuse

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

tksw

12,762 posts

Posted by tksw > 2017-02-28 19:56 | Report Abuse

bossy preferred share dividend rather than cash dividend, the dividend shrunk lliao,today...

darrenliew

989 posts

Posted by darrenliew > 2017-02-28 21:19 | Report Abuse

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.

tksw

12,762 posts

Posted by tksw > 2017-02-28 21:34 | Report Abuse

darebliew sifu, Trop still got hope for treasury shares distribution meh? the dividend re investment program may reduce the treasury shares already wor

darrenliew

989 posts

Posted by darrenliew > 2017-02-28 22:07 | Report Abuse

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.

darrenliew

989 posts

Posted by darrenliew > 2017-02-28 23:02 | Report Abuse

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 !!!

Thanks anyway.

darrenliew

989 posts

Posted by darrenliew > 2017-02-28 23:34 | Report Abuse

REMINDED ME OF ONE OF THE FAVOURITE OLDIES SONG
"the great pretender" BY THE PLATTERS.
THAT'S ME. PRETENDING TO BE A "SIFU"

enid888

581 posts

Posted by enid888 > 2017-02-28 23:44 | Report Abuse

Is the big project mentioned by Takashi Sorimachi still on? Delayed or called off?

Posted by Michael Wong Yew Kong > 2017-03-01 09:04 | Report Abuse

The project is still on.

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