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

Posted by jordanmaggie61 > 2018-04-13 15:58 | Report Abuse

now pray hard

limch

3,262 posts

Posted by limch > 2018-04-14 02:24 | Report Abuse

Tropicana Corp sells Subang land to MCT for RM143m
http://www.thesundaily.my/news/2018/04/13/tropicana-corp-sells-subang-land-mct-rm143m

limch

3,262 posts

Posted by limch > 2018-04-14 02:30 | Report Abuse

I just checked MCT QR and NTA much worse than Trop why share price higher? M'sia stock really unfair. Heavy manipulation. Ini kali must change govn.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5708521

limch

3,262 posts

Posted by limch > 2018-04-14 02:31 | Report Abuse

Ayala Land why not takeover Tropicana?

limch

3,262 posts

Posted by limch > 2018-04-14 02:43 | Report Abuse

new id with fake info. This is Trop thread. That CEO is from Hap Seng.
https://www.bloomberg.com/research/stocks/people/person.asp?personId=23699928&privcapId=875358

marvels new CEO package:

Alex Yeow Wai Siaw
BB-30-01
10 Mont Kiara
Jalan Kiara 1
50480 KL

hp: +6019-333-2022
ic: 650202-02-5463

monthly:
Salary: RM 190000
Car Allowance: RM 16000
Holiday Allowance: RM 150000

cheng swee swee pang nui nui
13/04/2018 15:55

limch

3,262 posts

Posted by limch > 2018-04-14 02:44 | Report Abuse

Tropicana Corp Bhd’s wholly-owned Tropicana Metropark Sdn Bhd is disposing of a 9.12-acre plot in Pekan Country Height within the Petaling district in Selangor to MCT Bhd for RM143 million.

A conditional sale and purchase agreement was signed between Tropicana Metropark and MCT’s wholly-owned Next Delta Sdn Bhd for the transaction.
https://www.theedgemarkets.com/article/digi-uem-sunrise-datasonic-serba-dinamik-tropicana-corp-mct-mk-land-wz-satu-ireka-corp-inari

Posted by Michael Wong Yew Kong > 2018-04-14 08:45 | Report Abuse

This Tan brother are the biggest conman in Malaysia. Avoid they counter at all cost. The worse of all is Vincent Tan and Family.

ahbeng

38 posts

Posted by ahbeng > 2018-04-14 12:55 | Report Abuse

Compliance risk settled. Sold land for rm143m-land cost rm102m. Suddenly rm41m gain reported, Monday sure limit up!

limch

3,262 posts

Posted by limch > 2018-04-14 17:38 | Report Abuse

Not all VT counters the same. I think Magni and BAuto did quite well on share price and QR. Tropicana QR is good but only share price still lagging therefore I prefer to buy.

Michael Wong Yew Kong This Tan brother are the biggest conman in Malaysia. Avoid they counter at all cost. The worse of all is Vincent Tan and Family.
14/04/2018 08:45

Posted by Lee Richard > 2018-04-19 10:33 | Report Abuse

Write a commenLee Richard I guess Trust is everything.,, theses days many companies includes Berjaya had lost trust and reputation despite the Director still make can millions. ..but history told us you lost trust.., you lost everything..,see Sunreit price is higher than few years back and still paying 6% dividend.., Hope Berjaya and Tropicana mgt understand Trust is everything..,See Berjaya"s brother Tropicna NAV at 2.10 but its share price is only 0.80 ... Indicate the Value of TRUST is lacking.....see Capitaland Singapore doing well and keep growing based on foundation of honesty and Trust.., I remember while working on KL Sentral Suasana Condo., project ., Due to 1997 Asia Financial Crisis., most project delayed in completion., hence Developer need to honour LD payment to purchaser but I told Capitaland director how Meranti Park in Bukit Berjaya did..,pay less 6 months due to Govt support and deduct from maintenance bill and paying voucher.. I was blasted by Capitaland director .., Capitaland director decided to honour 100% LD and even 10% rental guarantee scheme despite only 6% achieved..,Today Capitaland KL Sentral project and the rest doing so well and Berjaya hill still struggling...,

ahbeng

38 posts

Posted by ahbeng > 2018-04-19 10:56 | Report Abuse

Despite so many good news, Trop price still like that. The only way to boost the share price will be declare 10 cents dividend. Sure STAND like swallow viagra. 敢敢来,Danny, you got ball or not?

Posted by jordanmaggie61 > 2018-04-19 12:11 | Report Abuse

no problem

origins

68 posts

Posted by origins > 2018-04-22 22:33 | Report Abuse

Can confirm this guy is joining Tropicana. He left Hap Seng to join Lion Group.
He just resigned from Lion and is now joining Tropicana. Banker told me that he was asked to leave by Tan Sri William Cheng personally for being incompetent and could not even finish his probation period.
A professional katak jumping from job to job. Don’t think he will last long in Tropicana.
This is how kataks make their money. Same in politics as well as corporate.

Ridiculously overpaid with no track record to justify the package below.

marvels new CEO package:

Alex Yeow Wai Siaw
BB-30-01
10 Mont Kiara
Jalan Kiara 1
50480 KL

hp: +6019-333-2022
ic: 650202-02-5463

monthly:
Salary: RM 190000
Car Allowance: RM 16000
Holiday Allowance: RM 150000

cheng swee swee pang nui nui
13/04/2018 15:55

origins

68 posts

Posted by origins > 2018-04-22 22:46 | Report Abuse

Confirmed Danny is a con man. He sold shares to proxy so can make public spread. With public spread settled now he is supporting share price using another proxy. Rinse & repeat. Ask your broker to check.

luckyman

719 posts

Posted by luckyman > 2018-04-29 18:07 | Report Abuse

It's a matter of time for it to divest W Hotel to realize the profit & cash flow for the group to further degear itself.

No point working hard to develop its land bank when no one believes in property sector & counters at this juncture... the counter simply could not move up despite pretty good profits reported in the last 2 years notwithsatnding the challenging property environment...no one appreciated the company's financial performance......

Posted by sharebuyback > 2018-05-06 05:41 | Report Abuse

Tropicana divests RM3b assets within 5 years
https://www.nst.com.my/property/2018/04/361925/tropicana-divests-rm3b-assets-within-5-years

Posted by sharebuyback > 2018-05-06 05:42 | Report Abuse

Shares buy back for 3 days.
https://klse.i3investor.com/servlets/stk/annshrtxn/5401.jsp

Undi_PKR

945 posts

Posted by Undi_PKR > 2018-05-09 10:14 | Report Abuse

Vote PH RM 2 next 5 years?

i_investor

934 posts

Posted by i_investor > 2018-05-15 16:30 | Report Abuse

Tan Sri Danny Tan Chee Sing is the younger brother of Malaysian tycoon Vincent Tan from Berjaya group.
Tropicana Corp Bhd group managing director, Dion Tan Yong Chien is the son of Tan Sri Danny Tan Chee Sing, the founder and major shareholder of Tropicana.

i_investor

934 posts

Posted by i_investor > 2018-05-15 16:51 | Report Abuse

Tan Sri Danny Tan Chee Sing is the younger brother of Malaysian tycoon Vincent Tan from Berjaya group.
Tropicana Corp Bhd group managing director, Dion Tan Yong Chien is the son of Tan Sri Danny Tan Chee Sing, the founder and major shareholder of Tropicana., the developer of Penang World City.

http://www.penangworldcity.com/developer.html

https://www.tropicanacorp.com.my/

marvels

6 posts

Posted by marvels > 2018-05-22 20:28 | Report Abuse

Alex Yeow Wai Siaw
BB-30-01
10 Mont Kiara
Jalan Kiara 1
50480 KL

hp: +6019-333-2022
ic: 650202-02-5463

Duration of contract: 1 May 2018 to 30 April 2024 (a period of 6 years)

2 units of Tropicana Gardens Dianthus to be sold at 42% discount upon confirmation.
2 units of The Residences Tropicana to be sold at 42 % discount upon confirmation.
2 units of Paisley Tropicana Metropark to be sold at 42 % discount upon confirmation.
2 units of Tropicana Heights Ridgefield to be sold at 42 % discount upon confirmation.
2 units of Tropicana Aman Dalia to be sold at 42 % discount upon confirmation.
2 units of Tropicana Danga Cove Oasis 3 to be sold at 42 % discount upon confirmation.

Group Personal Accident Insurance:
You shall be covered under the Group's Personal Accident Insurance Policy (24 hours coverage) during your term of employment One Hundred (100) times of your basic salary.

Hospitalisation and Surgical Insurance Coverage:
As agree between your goodself and Tan Sri Dato Danny Tan, the Hospitalisation and Surgical Insurance coverage for room and board will be capped at RM 800 per night and the annual limit shall be at RM 180,000 per annum.

luckyman

719 posts

Posted by luckyman > 2018-05-22 23:18 | Report Abuse

Tropicana’s profit before tax (“PBT”) came in at RM85.4 million in Q1 2018, surging 110.7% from
RM40.5 million in the corresponding quarter in 2017, led mainly by the property development
segment. The Group’s earnings per share (“EPS”) for Q1 2018 stood at 3.17 sen against 1.89 sen
recorded previously.

Tropicana’s prudent cost savings initiatives and ability to align its growth strategies to suit the
changing market environment saw its net profit rise 84.6% to RM52.2 million in the first quarter of
2018, from RM28.3 million recorded in the corresponding quarter in Financial Year (“FY”) 2017.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=87248&name=EA_GA_ATTACHMENTS

luckyman

719 posts

Posted by luckyman > 2018-05-28 12:47 | Report Abuse

Tropicana will move north as soon as it announces the sale of its nearing completion W Hotel and the Tropicana Gardens Mall....

Posted by I_want_to_be_rich > 2018-05-29 03:23 | Report Abuse

Yeow Wai Siaw is new Tropicana group CEO
http://www.theedgemarkets.com/article/yeow-wai-siaw-new-tropicana-group-ceo

i_investor

934 posts

Posted by i_investor > 2018-05-31 09:01 | Report Abuse

As of March 31, TROP had delivered total unbilled sales of RM1.2bil, anchored by 15 ongoing projects and an existing land bank of 888.9 acres with a total gross development value of RM42.1bil. TROP also has recurring income stream from its property investment portfolio that includes international schools, namely St. Joseph’s Institution International School Malaysia, GEMS International School and the latest addition, Tenby International School, which is expected to have its first intake of students in September 2018.

luckyman

719 posts

Posted by luckyman > 2018-06-04 21:56 | Report Abuse

http://klse.i3investor.com/blogs/hleresearch/159402.jsp

Recovery in housing loan approvals => recovery of property market?

Posted by sharebuyback > 2018-06-05 04:46 | Report Abuse

When some1 sell Trop cheap we have no control. SBB means insiders deem Trop undervalue. The lower the share price the lower amt of money Trop need to buy back shares.

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-06-07 10:56 | Report Abuse

Super undervalued

Posted by khatulistiwa1234 > 2018-06-07 18:17 | Report Abuse

Possible 0.78 in few days time , patient awaiting .

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-06-07 18:39 | Report Abuse

Good.. Collecting more

SJSOON

2,576 posts

Posted by SJSOON > 2018-06-08 14:20 | Report Abuse

Pls drop some more. 0.50 pls.

Frank Tan

533 posts

Posted by Frank Tan > 2018-06-08 16:39 | Report Abuse

Next QR drop share 0.50 possible

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-06-08 16:54 | Report Abuse

collecting more..

JimYeoh

1,514 posts

Posted by JimYeoh > 2018-06-08 18:12 | Report Abuse

more shares purchased into treasury

origins

68 posts

Posted by origins > 2018-06-11 01:35 | Report Abuse

A friend mentioned that Tropicana is going into the fruit plantation business. Hope that they are wrong. Will check with bankers if its true.
Trop has really turned into a rubbish company with the new set of management.

Posted by pakatan_harapan2 > 2018-06-18 12:01 | Report Abuse

VT met Tun M on HariRaya open house. Any hope for revival DT/VT group under PH?

Posted by pakatan_harapan2 > 2018-06-18 12:10 | Report Abuse

VT has 14.4 million shares in AR 2017 or 0.98% stake.

Frank Tan

533 posts

Posted by Frank Tan > 2018-06-19 20:35 | Report Abuse

wth,everyday new low....

Posted by joeylee2013 > 2018-06-19 22:03 | Report Abuse

The company stock name should change from TROP to DROP, more befitting of the ever dropping shares price performance

TheContrarian

9,483 posts

Posted by TheContrarian > 2018-06-20 09:57 | Report Abuse

EGM to be convened to change name to Dropicana. Haha.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-06-20 14:53 | Report Abuse

@
TheContrarian EGM to be convened to change name to Dropicana. Haha.
20/06/2018 09:57

hi
TheContrarian , you buy back tropicana ?

why tropicana qr so good as follow but price drop to 81sen

already 2 years trop qr keep improve until pe 5



22 May 2018 31 Dec 2018 1 31 Mar 2018 453,005 85,442 46,403 3.17 1.60 2.280 Malaysia Stock - KLSE Quarter Report History 43%
28 Feb 2018 31 Dec 2017 4 31 Dec 2017 619,039 114,239 69,617 4.77 0.00 2.260 Malaysia Stock - KLSE Quarter Report History 138%
30 Nov 2017 31 Dec 2017 3 30 Sep 2017 463,466 49,040 35,492 2.43 2.00 2.220 Malaysia Stock - KLSE Quarter Report History 2%
29 Aug 2017 31 Dec 2017 2 30 Jun 2017 444,395 82,084 52,849 3.63 2.00 2.210 Malaysia Stock - KLSE Quarter Report History 59%
26 May 2017 31 Dec 2017 1 31 Mar 2017 381,868 46,403 32,517 2.27 0.00 2.200 Malaysia Stock - KLSE Quarter Report History 114%
27 Feb 2017 31 Dec 2016 4 31 Dec 2016 457,324 40,684 29,256 2.05 2.50 2.190 Malaysia Stock - KLSE Quarter Report History

Frank Tan

533 posts

Posted by Frank Tan > 2018-06-20 16:53 | Report Abuse

dropicoma better

origins

68 posts

Posted by origins > 2018-06-21 00:50 | Report Abuse

At the rate they keep doing share buyback surely will breach public spread soon.
I wonder if Danny can prop up the share price?
My entry price was RM 1.49. Looks like my investment is 50 percent gone liao.

ahbeng

38 posts

Posted by ahbeng > 2018-06-21 14:16 | Report Abuse

Come on Danny! Share buy back is not helping the share price. Just declare 10 cents dividends, sure market will welcome and reflect through share price...show us you got the BALL!!

Why_

794 posts

Posted by Why_ > 2018-06-21 18:53 | Report Abuse

new CEO also useless? If no CEO how?

PH_now

62 posts

Posted by PH_now > 2018-06-26 12:49 | Report Abuse

Change add annoucement. New CEO cut cost?

i_investor

934 posts

Posted by i_investor > 2018-06-26 15:56 | Report Abuse

PH_now , the change of the registered office address is in conjunction with the
change of name of the Mall from "Tropicana City Mall" to "3 Damansara" .
You are advised to read the entire contents of the announcement or attachment.

LMN9997

485 posts

Posted by LMN9997 > 2018-06-27 12:49 | Report Abuse

useless counter. Warrant drop below 0.90!

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