No idea, its cheap enough to buy and i like its lands and project in Selangor, i think the latent demand form people who wanted to move overseas, or people overseas coming back is there, and they will buy the Tropicana areas.
The Malaysia Baru factor is there, will take some time to kick in i think.
PTS dying is only the shops,condos not much difference lah.location nearer to komtar yet price cheaper by 40% of Tropicana.suites also 1000psf,gilakah?
Tropicana 218 land,in 1993 my fren's fren bought it at 1 mil,sold the land to Tropicana for 8 or 9 mil in sometime around 2010.my fren told me he should buy the land instead of buying apland 1 mil shares at 2.50 and sold all at 16cts only
Wow! Top Glove market capitalisation is 12.4 times the size of Tropicana. It is hard to believe. Tan Sri Tan Wee Chai is super good in managing Top Glove.
Why not going into glove business since that Tan Sri Lim Wee Chai expertise?
Posted by origins > Jul 2, 2018 04:06 PM | Report Abuse Confirmed from bankers that Tropicana will be going into the fruit business. Changing their core business from property to fruits sector.
Glove business(Tan Sri Lim Wee Chai aka TopGlove) can fetch PE 30-40 whereas property PE<10 why not give a consideration pls ask your bankers origins?
Posted by origins > Jul 2, 2018 04:06 PM | Report Abuse Confirmed from bankers that Tropicana will be going into the fruit business. Changing their core business from property to fruits sector.
Tropicana Corp Bhd was incorporated in 1979. The Company is a rapidly evolving company with diversified business interest including property and resort development, property investment, manufacturing and investment holding. The Companies segments are Property and resort development - development of residential and commercial properties, provision of golfing and other sporting and recreational facilities and rental of rooms and other related hotel facilities; Property investment - Operation of clubhouse, shopping mall and investment properties and Investment holding and others - Investment income and manufacturing income.
Tropicana Corp Bhd was incorporated in 1979. The Company is a rapidly evolving company with diversified business interest including property and resort development, property investment, manufacturing and investment holding. The Companies segments are Property and resort development - development of residential and commercial properties, provision of golfing and other sporting and recreational facilities and rental of rooms and other related hotel facilities; Property investment - Operation of clubhouse, shopping mall and investment properties and Investment holding and others - Investment income and manufacturing income. 02/07/2018 20:50 X ivan9511 Tropicana not only property other biz also good and keep earning big money \ however now loss to Topglove
when Tropicana was a super star Topglove was nothing
Now Topglove 12 ringgit while trop only 86sen and still down and lousy
Who is the Boss of Tropicana
you Malu or not ?
your Friend Topglove now is 12.00 ringgit and what you want 0.8sen ?
last time Top glove is nothing while Tropicana is the best
why Topglove can be 12 ringgit ,
Topglove got T in front you also got T right
Tropicana you is a losser if you never fight back 02/07/2018 20:58 02/07/2018 20:58 ivan9511
What fruit is it? Musangking? If too low price fruit better not.
Posted by origins > Jul 2, 2018 04:06 PM | Report Abuse Confirmed from bankers that Tropicana will be going into the fruit business. Changing their core business from property to fruits sector.
Major shareholder disposed shares and Company buy back with such cheap price....Remaining shareholders will be benefited with better voting power. Stay On and Watch, Pal..
ahbeng you are right. Shareholder is disposing shares so that Tropicana can buy back to support share price. I believe the major shareholder is having a tough time supporting share price. That is why he disposes to market and have share buy back to prevent breach of public spread. Should be able to see this trend for next few months.
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....
marvels
6 posts
Posted by marvels > 2018-06-27 13:37 | Report Abuse
The counter is definitely useless. Share will drop below 0.80!
Stay tuned for more bad news from this company...