TROPICANA CORPORATION BERHAD

KLSE (MYR): TROP (5401)

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Last Price

1.32

Today's Change

-0.04 (2.94%)

Day's Change

1.30 - 1.36

Trading Volume

3,336,500


9 people like this.

11,003 comment(s). Last comment by baohulu88 6 days ago

limch

3,184 posts

Posted by limch > 2018-02-28 08:15 | Report Abuse

EPS 4.77 sen is best QR since 2015. It seem having Tan Sri Lim Wee Chai on Trop BOD is a big plus. Buying a big piece land near Genting Highland at cheap price is good for long term.
https://klse.i3investor.com/servlets/stk/fin/5401.jsp

limch

3,184 posts

Posted by limch > 2018-02-28 08:16 | Report Abuse

EPS 4.77 sen just before GE 14 show strong Tropicana management. Buy more while still cheap. 1.5-1.8 remain a possibility this year.

uptrending

1,852 posts

Posted by uptrending > 2018-02-28 09:34 | Report Abuse

Likely investors not happy with the reduced dividend. However it presents a good entry at 90sen. So I bought. Hehe..

rlch

4,140 posts

Posted by rlch > 2018-02-28 10:31 | Report Abuse

Tropicana 4Q earnings more than doubles
http://www.theedgemarkets.com/article/tropicana-4q-earnings-more-doubles

Posted by khatulistiwa1234 > 2018-02-28 12:35 | Report Abuse

SHORT TERM < ACHIEVE THE HIGHER PRICING , The opening of nature in spring .

Posted by khatulistiwa1234 > 2018-02-28 12:37 |

Post removed.Why?

Posted by khatulistiwa1234 > 2018-02-28 12:39 | Report Abuse

IT NOT LONGER STAY AT 1.00 LEVEL , IT WILL UP LIKE TOP GLOVE < ALL WAY TO NEW HIGH < POSSIBLE , 3.00 , 5.00 10.00 in NEAR FUTURE .

Posted by Michael Wong Yew Kong > 2018-02-28 13:36 | Report Abuse

Khat, U still alive and well. lol

Investeye

2,347 posts

Posted by Investeye > 2018-02-28 16:23 | Report Abuse

Good opportunity to accumulate some at RM0.895...

Frank Tan

533 posts

Posted by Frank Tan > 2018-02-28 19:27 | Report Abuse

Welcome back Khat,....
Here still Teruk pi coma even good QR

Posted by khatulistiwa1234 > 2018-02-28 19:32 | Report Abuse

ALL BAD NEWS DISAPPEAR < TIME GOOD NEWS AHEAD , LIFE IS ALL TIME ROTATED , COZ EVERYDAY SUN IS RISE and SUNSET .

RVI123

660 posts

Posted by RVI123 > 2018-03-01 00:07 | Report Abuse

limch, I don't see any announcement that Trop is buying land near to Genting Highlands.

kudamuda

293 posts

Posted by kudamuda > 2018-03-02 12:58 | Report Abuse

RVI123, read The Edge link above by rlch. It is stated there.

RVI123

660 posts

Posted by RVI123 > 2018-03-02 23:40 | Report Abuse

Thks, kudamuda.

limch

3,184 posts

Posted by limch > 2018-03-12 16:34 | Report Abuse

GohTong Jaya land bought recently to gain if BN wins GE14 and ECRL go ahead.

property

107 posts

Posted by property > 2018-03-18 13:09 | Report Abuse

T4Q P/E | EY: 6.91 | 14.47% Why only 89.5 sen? Should be 1.5 instead.
T4Q DY | Payout %: 4.44%

TheContrarian

9,295 posts

Posted by TheContrarian > 2018-03-18 16:14 | Report Abuse

Because Tropicana is not in compliance of minimum 25% public spread ruling and risk been delisted.

luckyman

732 posts

Posted by luckyman > 2018-03-22 20:47 | Report Abuse

Waiting for it to dispose of W Hotel to realize extraordinary gain...........

TheContrarian

9,295 posts

Posted by TheContrarian > 2018-03-22 21:08 | Report Abuse

What's the status on the W Hotel disposal?

origins

68 posts

Posted by origins > 2018-04-03 16:16 | Report Abuse

This is a rubbish stock. Some bankers informed me that Danny is trying to make a comeback to Tropicana again. He is doing the same thing as his brother. Better dump all your shares now as share price will drop with this news.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-03 16:30 | Report Abuse

Ken has a material litigation.

TheContrarian

9,295 posts

Posted by TheContrarian > 2018-04-03 16:34 | Report Abuse

Who is Ken?

origins

68 posts

Posted by origins > 2018-04-04 19:56 | Report Abuse

There is no W hotel disposal, they never indicated they are selling the hotel. Also now is not sellers market. There will be compliance with public spread as the difference is v little. The only thing dragging this stock down is Danny interfering with the management and doing all sorts of side deals. Once he comes back to Tropicana this counter is finished just like Berjaya.

RVI123

660 posts

Posted by RVI123 > 2018-04-05 08:39 | Report Abuse

Last few years, Tropicana managed to hire a few top professional managers in the property and corporate world. They included Yau Kok Seng, Kok Kong Chin, Edmund Kong and a few others. However, one by one they left the company. The last to leave was CEO Yau Kok Seng. Part of their remunerations is in share options. If you look at the share price movement, I think they do not make any money from the share options scheme.

RVI123

660 posts

Posted by RVI123 > 2018-04-05 08:50 | Report Abuse

@origins, I agree with you. Danny should not come back to Tropicana. The company is aldy in bad shape because of his interference. Good professional managers left the company partly because of the share options. We don't want Tropicana to be like Berjaya Group.

origins

68 posts

Posted by origins > 2018-04-05 13:05 | Report Abuse

Danny has too many land banks privately in Johor as well as other states in the country. How can he be running two property companies at the same time ?
When it’s good land bank he always keep for himself, when it’s landbank he can’t afford he makes Tropicana acquire it.
Look back at the Albedo deal he tried to do in Singapore. The amount of land banks he collected privately is enormous. When the time is right he will develop his private projects again and compete against Tropicana. What type of conflict of interest is this? Danny deserves a gold medal when it comes to destroying minority shareholders interests.

I am sure that is one of the reasons why all the professional managers left - they probably had enough of his nonsense and stupidity.

RVI123

660 posts

Posted by RVI123 > 2018-04-05 15:21 | Report Abuse

I remember when Danny did the restructuring on Tropicana in 2013, he mentioned that the structuring was good for the minorities and Tropicana because he could full heartedly concentrate on Tropicana after injecting all his private assets. He said it would benefit Tropicana in the long run.

origins

68 posts

Posted by origins > 2018-04-05 15:32 | Report Abuse

Unfortunately he lied to the market and all the shareholders.
After the restructuring he ventured off to acquire his land banks under his private vehicles with the intention of developing them.
After stepping down and resigning from Tropicana he is now planning to make a comeback to lie to the market and all the shareholders with another round of excuses.
How can anyone believe him after all this? Must be one of Malaysia's greatest lying tycoons.
Who is going to believe him when he owns swathes of land all over the country.
Here is one such example:
http://www.starproperty.my/index.php/articles/property-news/cenang-resort-and-wanda-hotels-resorts-ink-strategic-partnership-for-wanda-realm-resort-langkawi/

RVI123

660 posts

Posted by RVI123 > 2018-04-05 15:37 | Report Abuse

@origins, thanks for the link. Very obvious and clear that he still owns a lot of landbank privately.

Posted by jordanmaggie61 > 2018-04-05 15:53 | Report Abuse

youtube?

origins

68 posts

Posted by origins > 2018-04-05 15:54 | Report Abuse

It is very obvious and clear that he is still developing privately. All you have to do is call the sales hotline for Tropicana Cenang. The sales gallery is also open for walk ins at Langkawi island. I am very sure Danny is behind this project thats why its called Tropicana Cenang. The logo is also a 100% match to other Tropicana projects.
If the authorities can be bothered to do some digging they will find out who are behind the proxy shareholders in Cenang Resort Sdn Bhd.

Posted by jordanmaggie61 > 2018-04-05 15:55 | Report Abuse

Finally!

origins

68 posts

Posted by origins > 2018-04-05 15:59 | Report Abuse

Next week should be under 80 sen for sure.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-04-05 15:59 | Report Abuse

time to all in!

origins

68 posts

Posted by origins > 2018-04-06 00:10 | Report Abuse

Who do you think is behind Tropicana Cenang or Cenang Resort Sdn Bhd?
It would be none other than Danny. Tropicana Corporation Bhd is probably being used as a project manager and marketing agent for his private projects.

ahbeng

38 posts

Posted by ahbeng > 2018-04-10 09:21 | Report Abuse

4.4m share disposal to who? Anyone knows?

origins

68 posts

Posted by origins > 2018-04-10 10:03 | Report Abuse

Most likely disposed to friendly party or to proxy - to meet the public spread requirement.

origins

68 posts

Posted by origins > 2018-04-10 10:18 | Report Abuse

Just find out the proxies they were disposed to and you can link it back to Danny somehow.

TheContrarian

9,295 posts

Posted by TheContrarian > 2018-04-10 21:43 | Report Abuse

4.4 million is double counting.

Posted by Penang_lang > 2018-04-10 22:03 | Report Abuse

1.8 by May 9th I vote BN.

Posted by pakatan_harapan2 > 2018-04-11 09:27 | Report Abuse

Drop means BN to lose Selangor and Penang again in GE14?

Posted by jordanmaggie61 > 2018-04-11 10:26 | Report Abuse

even tak

limch

3,184 posts

Posted by limch > 2018-04-12 17:24 | Report Abuse

You are right. Today announcement public shareholding spread complied.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5756253

origins Most likely disposed to friendly party or to proxy - to meet the public spread requirement.
10/04/2018 10:03

Danny_Tan

32 posts

Posted by Danny_Tan > 2018-04-13 11:08 | Report Abuse

1.3 or 50% upside I vote BN. If not Pakatan.

Danny_Tan

32 posts

Posted by Danny_Tan > 2018-04-13 11:09 | Report Abuse

1.32 or 50% upside by GE I vote BN. If not Pakatan.

marvels

6 posts

Posted by marvels > 2018-04-13 15:55 |

Post removed.Why?

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