TROPICANA CORPORATION BERHAD

KLSE (MYR): TROP (5401)

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Last Price

1.24

Today's Change

+0.03 (2.48%)

Day's Change

1.20 - 1.25

Trading Volume

2,453,100


9 people like this.

11,004 comment(s). Last comment by DreamGuardian 2 weeks ago

limch

3,262 posts

Posted by limch > 2017-12-22 16:45 | Report Abuse

If refer last QR Trop must sell some lands at loss to reduce gearings. Why? Request by bankers(IB)?

Awea Pro

32 posts

Posted by Awea Pro > 2017-12-28 09:48 | Report Abuse

Better sell. Its going down ..

ahbeng

38 posts

Posted by ahbeng > 2018-01-02 11:22 | Report Abuse

Batu Tiga tolls has been removed, sure will boost Tropicana Metropark property value. Looking forward good dividend and profit again, cheer

Frank Tan

533 posts

Posted by Frank Tan > 2018-01-03 13:32 | Report Abuse

Klci up so much,trop down n still coma?
Trip pi coma !!!

TheContrarian

9,483 posts

Posted by TheContrarian > 2018-01-04 18:58 | Report Abuse

Because Tropicana under threat of been delisted.

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-01-05 09:32 | Report Abuse

Why does felicity say tropicana is hugely undervalued? NTA wise, at 50% its not that much compared to others, and the properties/land are held in the books at 2010 etc value, not that undervalued.

limch

3,262 posts

Posted by limch > 2018-01-05 10:48 | Report Abuse

Different gurus have different criterias to buy stocks. P/NTA 0.42 meaning you pay 42 sen for RM 1 asset definately undervalued.
https://klse.i3investor.com/servlets/stk/5401.jsp

limch

3,262 posts

Posted by limch > 2018-01-05 10:51 | Report Abuse

Trop P/NTA 0.42 mean you pay RM 420K for RM 1 million worth of house is it cheap?

luckyman

719 posts

Posted by luckyman > 2018-01-07 17:23 | Report Abuse

Just wonder why Tropicana can dispose of the newly completed W-Hotel to unlock its hidden value and book in some substantial extraordinary gain from the disposal....

limch

3,262 posts

Posted by limch > 2018-01-07 18:40 | Report Abuse

Bringing quality living to the middle-income community
http://www.theedgemarkets.com/article/bringing-quality-living-middleincome-community

limch

3,262 posts

Posted by limch > 2018-01-07 18:41 | Report Abuse

We expect to register a steady income stream from our property investment portfolio — which includes international schools, Tropicana Gardens Mall that measures about one million sq ft, an office tower at Tropicana Gardens, the 199-room Courtyard by Marriott in George Town and the 150-room W Kuala Lumpur Hotel in the Kuala Lumpur City Centre. With these properties, Tropicana has the potential to set up a sizeable real estate investment trust.

limch

3,262 posts

Posted by limch > 2018-01-07 19:32 | Report Abuse

Agree. Cannot find in Bursa announcement. Pending 1 is Pulai land disposal for RM 570 million.
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

Posted by RVI123 > Jan 7, 2018 06:35 PM | Report Abuse
Where did you read that Tropicana has disposed off W-Hotel?

limch

3,262 posts

Posted by limch > 2018-01-07 19:37 | Report Abuse

As at 31 December 2017, being the latest practicable date prior to the date of this announcement, Tropicana’s public shareholding spread is 24.96%.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5656213

RVI123

660 posts

Posted by RVI123 > 2018-01-07 23:16 | Report Abuse

@limch, thanks for the links to the articles and announcements.

Posted by Syakib Arsalan > 2018-01-08 17:20 | Report Abuse

tunggu breakeven je.Dah bosan pegang

limch

3,262 posts

Posted by limch > 2018-01-12 12:57 | Report Abuse

Pursuant to Chapter 9, Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of TCB wishes to announce that the Company has on 11 January 2018, acquired 1,000,000 ordinary shares representing 100% of the issued and paid-up share capital of Myxon (M) Sdn Bhd (Company No. 1046739-D) (“Myxon”) for a total cash consideration of RM2,500,000.00 only (“Acquisition”).

Upon the Acquisition of the entire equity interest in Myxon, Myxon has become a wholly-owned subsidiary of TCB.

Myxon was incorporated in Malaysia on 20 May 2013 as a private limited company. The issued and paid-up share capital of Myxon is RM1,000,000.00 comprising 1,000,000 ordinary shares. Its principal activities are sales and rental of new and used scaffolding and formwork equipment.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5662785

limch

3,262 posts

Posted by limch > 2018-01-12 12:59 | Report Abuse

Pursuant to Chapter 9, Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of TCB wishes to announce that the Company has on 11 January 2018, acquired 1,000,000 ordinary shares representing 100% of the issued and paid-up share capital of Myxon (M) Sdn Bhd (Company No. 1046739-D) (“Myxon”) for a total cash consideration of RM2,500,000.00 only (“Acquisition”).

Upon the Acquisition of the entire equity interest in Myxon, Myxon has become a wholly-owned subsidiary of TCB.

Myxon was incorporated in Malaysia on 20 May 2013 as a private limited company. The issued and paid-up share capital of Myxon is RM1,000,000.00 comprising 1,000,000 ordinary shares. Its principal activities are sales and rental of new and used scaffolding and formwork equipment.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5662785

tomnjerry

14 posts

Posted by tomnjerry > 2018-01-16 16:25 | Report Abuse

All times low!! Tropicoma!!!

limch

3,262 posts

Posted by limch > 2018-01-22 17:43 | Report Abuse

My prediction Jan'18 dividend come true. 1.6 sen ex-date 7th Feb.

limch Jan'18 hopefully another dividend like Jan'17.
08/12/2017 16:54

limch

3,262 posts

Posted by limch > 2018-01-22 17:45 | Report Abuse

22-Jan-2018 Entitlement TROPICANA CORPORATION BERHAD declared First Interim Dividend - RM 0.016, the ex-dividend date on 07-Feb-2018.

TheContrarian

9,483 posts

Posted by TheContrarian > 2018-01-22 18:17 | Report Abuse

Tropicana is generous in paying out frequent dividends but strangely funds are ditching it.

apolloang

18,163 posts

Posted by apolloang > 2018-01-22 18:19 | Report Abuse

crestbld better than trop.....hehe.tomoro can over 1.00 or not crestbld? i wanna sell....hehe

ivan9511

3,854 posts

Posted by ivan9511 > 2018-01-22 18:44 | Report Abuse

TheContrarian @hi friends . glomac also
glomac give 3sen dividend plus 10%bonus issue and dividend yield and bonus yield also higher than trop but now only 54sen .
weird
glomac quite strong . now prices keep hit history lowest.
and gl8mac also high nta and cash rich

newbie5354

555 posts

Posted by newbie5354 > 2018-01-22 20:57 | Report Abuse

I heard Glomac QR not good bec property not saleable unlike Trop.

limch

3,262 posts

Posted by limch > 2018-01-23 09:06 | Report Abuse

Nobody chase for div? This time no DRP(share dividend) no need further share dilution.

limch

3,262 posts

Posted by limch > 2018-01-23 10:15 | Report Abuse

GE13 in 2013 Trop even touched RM 2.2. Can it repeat? RM 1.5-1.8 good enough.
https://klse.i3investor.com/servlets/stk/chart/5401.jsp

ivan9511

3,854 posts

Posted by ivan9511 > 2018-01-23 13:15 | Report Abuse

<< First rule in share market :

nothing is impossible and nothing is possible

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-01-24 18:01 | Report Abuse

With some luck, can buy some at the end of this month.

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-01-24 18:03 | Report Abuse

I like their development alot, but if want to argue value, plenitude, daiman, uems offer better value quantitatively.

What are the qualitative things tropicana have going for it compared to say daiman or uems

limch

3,262 posts

Posted by limch > 2018-01-26 10:40 | Report Abuse

PM Najib praises Top Glove at just concluded Invest M'sia. So Tan Sri Lim Wee Chai bought Tropicana must be a special property developer to get his interest.

Frank Tan

533 posts

Posted by Frank Tan > 2018-01-26 15:37 | Report Abuse

He bought@0.93,higher than recent closing price,I think he might regret /wrong buy!

RVI123

660 posts

Posted by RVI123 > 2018-02-04 00:10 | Report Abuse

Tan Sri Lim Wee Chai is 18th richest in Malaysia.

https://www.thestar.com.my/business/business-news/2018/02/03/malaysias-top-40-richest-people/

Posted by Mohd Fahmi Bin Jaes > 2018-02-04 00:26 | Report Abuse

Rich

newbie5354

555 posts

Posted by newbie5354 > 2018-02-04 11:16 | Report Abuse

Tan Sri so rich? Can takeover Tropicana to become even richer? Build more Top Glove factories on Tropicana land.

Mohd Fahmi Bin Jaes Rich
04/02/2018 00:26

RVI123

660 posts

Posted by RVI123 > 2018-02-04 12:44 | Report Abuse

Tan Sri Vincent Tan is in 26th position.

RVI123

660 posts

Posted by RVI123 > 2018-02-04 12:48 | Report Abuse

Hope that Tan Sri Lim Wee Chai is able to add values to Tropicana.

limch

3,262 posts

Posted by limch > 2018-02-06 08:29 | Report Abuse

PE 8.82 tomorrow dividend why nobody want?

newbie2018

173 posts

Posted by newbie2018 > 2018-02-08 05:09 | Report Abuse

EPS 2.43 sen higher than higher priced stock why so cheap?
http://klse.i3investor.com/servlets/stk/fin/5401.jsp

limch

3,262 posts

Posted by limch > 2018-02-09 08:10 | Report Abuse

DT got cash to privatise Trop later?

limch

3,262 posts

Posted by limch > 2018-02-09 08:10 | Report Abuse

GP View(Danny Tan company) selling 78 acres of land for RM 149 million to Gadang.

limch

3,262 posts

Posted by limch > 2018-02-09 09:38 | Report Abuse

Lately we pay attention to Tan Sri Lim Wee Chai but is founder Danny Tan willing to give up?

Awea Pro

32 posts

Posted by Awea Pro > 2018-02-15 13:20 | Report Abuse

Better buy now.. Going to fly soonn. Buy buyy

Awea Pro

32 posts

Posted by Awea Pro > 2018-02-15 13:21 | Report Abuse

Buy buy

rich18

9 posts

Posted by rich18 > 2018-02-21 15:08 | Report Abuse

Who got see QR or Trop dividend? Hib worse QR still up.

ahbeng

38 posts

Posted by ahbeng > 2018-02-27 11:07 | Report Abuse

Johor land disposal, RM 120m profit in the pipeline
http://trop.irplc.com/new-announcement.htm?NewsID=201712295000014&Symbol=5401

Posted by Michael Wong Yew Kong > 2018-02-27 16:27 | Report Abuse

This counter RIP already. stay away.

Zhen Wei

1,175 posts

Posted by Zhen Wei > 2018-02-27 18:16 | Report Abuse

Susa sold last week.

TheContrarian

9,483 posts

Posted by TheContrarian > 2018-02-27 20:02 | Report Abuse

QR out, EPS 4.77 Sen.

apolloang

18,163 posts

Posted by apolloang > 2018-02-27 20:03 | Report Abuse

ken also so good only up 4.5cts

TheContrarian

9,483 posts

Posted by TheContrarian > 2018-02-27 20:06 | Report Abuse

Ken has a material litigation.

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