MY EARLIER PROJECTIONS OF A TOTAL DIVIDENDS AMOUNTING TO 7.38 SEN IS COMING TRUE (POSSIBLY EVEN EXCEEDED)
1ST INTERIM ALREADY PAID 2.5 SEN (CASH) 2ND INTERIM EQUIVALENT TO ABOUT 1.25 SEN (TREASURY SHARES 1.2 FOR EVERY 100 x 1.045 PRICE)
THERE WILL BE ANOTHER FINAL DIVIDEND TO BE DECLARED DURING THE MONTH OF MAY TO BE APPROVED AT ITS COMING AGM. (NOT THE PRACTICE TO DECLARE BOTH 2ND INTERIM AND FINAL DIVIDENDS TOGETHER. HENCE THE FINAL DIVIDEND WILL BE IN CASH AND WILL BE PART OF THE AGENDA TO BE APPROVED AT THE COMING AGM (NORMALLY HELD IN THE MONTH OF MAY)
THE PATTERN OF 3 SEPARATE DIVIDENDS WILL BE SIMILIAR TO 2015 (3 D s TOTALLY 7 SEN WHICH ALSO INCLUDED A DISTRIBUTION OF TREASURY SHARES)
THIS TIME THE TOTAL DIVIDEND PAYMENTS IS LIKELY TO BE HIGHER AS ITS GEARING IS MUCH LOWER THAN PREVIOUSLY AND NET PROFITS ARE REASONABLY GOOD. HENCE THE DIRECTORS CAN REWARD ITS SHAREHOLDERS WITH A HIGHER TOTAL PAYOUT.
IF THE FINAL DIVIDEND IS 4 SEN THEN THE TOTAL WILL BE 7.75 SEN
TROPICANA WILL RETAIN ITS STATUS AS BEING ONE OF THE HIGHEST DIVIDEND YIELD STOCKS.
But I really salute you, so calm... Trop is a dividend master, every time a dividend is paid, the warrant wont get a single sen, and yet you can withstand such deterioration, what a confident you have in TROP. kasi salute 999+1
On 1 July 2016, TDMSB entered into a sales and purchase agreement(“SPA”) with Tiarn Oversea Group Sdn.Bhd. for the disposal of the Land in the Mukim of Pulai, District of Johor Bahru with developable area measuring in aggregate of approximately 251.5855 acres in area for a cash consideration of RM569,871,328 (“Proposed Disposal”).
As at to-date, the Proposed Disposal is still pending fulfillment of the conditions precedent in accordance with the terms of the SPA.
(i) The expected gain from the Disposal is approximately RM55.5 million (net of tax payable); and
(ii) The net proceeds of approximately RM218.4 million after repayment of bank borrowings, taxes and any related expenses arising from the Disposal are expected to be utilised for the working capital and/or repayment of bank borrowings of Tropicana and its group of companies.
SETTING DATE FOR AGM TO APPROVE RESULTS FOR FYE 31/12/2016 AND DECLARATION OF FINAL CASH DIVIDEND. BEST TO GET ANOTHER 4 TO 5 SEN TO TOP UP A GOOD YEAR PERFORMANCE.
OTHER POSITIVE CATALYSTS INCLUDE ANNOUNCEMENTS OF ITS ICONIC PROJECT IN JLN BUKIT BINTANG' GOLDEN TOURIST SHOPPING AREA PLUS PROGRESS IN ITS SALE OF JOHORE LAND PLUS ANOTHER IMPROVED 1Q 2017 PROFITS
Amazing the secret pull across 1.10 at noon session , DARREN dream really come truth , UOB bank analyst strong recommend , call buy at current price , heading price putting 1.30 in month to come , proof is CURRENT quarter excellent result plus crowded institution external off shore interest on TROPICANA share , icon sifu maybe can sell his admire warrant price at 0.45 , according the chasing , hot spicy day to come ,. count down stage .
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....
limen12
640 posts
Posted by limen12 > 2017-03-21 18:00 | Report Abuse
Can someone share what value and current developments for TROP?