Posted by Fabien Extraordinaire > 2018-11-07 22:33 | Report Abuse

Trop is at 70% discount to BV. Cheapness defined...lol

Posted by ivan9511 > 2018-11-12 17:07 | Report Abuse

this sh how cheap also useless
maxi is 90sen
lowest is 81sen
will play yoyo alreay like this 3 years
dun know want play at 90 to 80 sen until how many years again
if last time buy above 1 ringgit now is kena trap many years and dun know when is the end of yoyo 90 to 80 ?

Posted by SAALTD > 2018-11-13 18:25 | Report Abuse

Keep unstill company can declare dividen more than 4sen a year :）

Posted by I_like_dividend > 2018-11-17 17:12 | Report Abuse

QR announce with dividend? This year already 9 months no dividend haha.

Posted by 5354_ > 2018-11-20 03:06 | Report Abuse

Even after so many disposals why DT still own 63% Trop?

Posted by 5354_ > 2018-11-20 03:07 | Report Abuse

Any1 noticed confusing Bursa announcement. How come Danny Tan can dispose 3.8 million shares when none of lately Trop daily trade is 3.8 million shares?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5977957
https://klse.i3investor.com/servlets/stk/rec/5401.jsp

Posted by TheContrarian > 2018-11-20 15:21 | Report Abuse

Danny sold 3.8 million off market at discounted price to friendly party who then sell slowly during share buy back by Company and give back profit made to Danny. Been happening for months.

Posted by 5354 > 2018-11-20 15:32 | Report Abuse

The trade by DT is on 14th Nov. When that day SBB got reach 3.8 million shares?

Posted by TheContrarian > 2018-11-20 15:40 | Report Abuse

Off market lah. You don't know what's off market?

Posted by Jon Choivo > 2018-11-22 20:21 | Report Abuse

So imagine danny tan sold to 3rd party at 0.81.

Why ask his friend sell over so many days? Why not one shot buy it back, or over 2-3 days.

Why need 3rd party, just transfer to son and buy back in 2 transactions can d.

If he selling at discount to friend, like that he want to insult lim wee chai by telling him, other people i sell cheap, you i sell expensive?

Or you saying Lim wee chai his macai. Billionaire but nothing to do want lick danny tan ass?

Obviously not the case. He is selling to friendly 3rd parties because he needs to keep the float at 25%. In the meantime, he can keep buying back the cheap shares, while the shares held by 3rd parties are effectively frozen.

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Posted by TheContrarian > Nov 20, 2018 03:21 PM | Report Abuse

Danny sold 3.8 million off market at discounted price to friendly party who then sell slowly during share buy back by Company and give back profit made to Danny. Been happening for months.

Posted by TheContrarian > 2018-11-22 22:18 | Report Abuse

Danny can't transfer to family members whether son, daughter, father, mother, brother or sister or even sister-in-law or brother-in-law as they together are regarded as persons in concert and cannot hold in aggregate more than 75% in order to maintain listing. Company cannot buy back shares until Danny unload to a "third party" because each time the Company buys back, Danny's percentage holding increases as treasury shares are excluded in the percetage holding computation.

Posted by rlch > 2018-11-27 04:31 | Report Abuse

Tropicana’s net profit up 10.5% to RM34.1 million
https://www.thesundaily.my/business/tropicana-s-net-profit-up-10-5-to-rm34-1-million-DX167423

Posted by Penang_lang > 2018-11-27 04:52 | Report Abuse

Tropicana 218 complete next year can book more sales/profit?

Posted by Frank Tan > 2018-11-27 14:25 | Report Abuse

Sales up profit up also useless! Always80++n no dividend liao

Posted by Fabien Extraordinaire > 2018-11-27 14:32 | Report Abuse

Latest NTA 2.34
P/BV 0.37x

being conservative, in theory, the IV should reflect its net assets valuation. but given the bad sentiment, current market cycle, and weak liquidity, 30%-40% discount seems reasonable.

even at 50% discount, u still get 1.17.

market cap is 1.27bil against potential GDV of 46.6bil

plenty of MOS for any "unforced errors", if u willing to take position la...

Posted by Danny_Tan > 2018-11-27 22:09 | Report Abuse

Follow govn reduce debts is priority. At least SBB better than dividend if not below 80 sen possible?

Frank Tan Sales up profit up also useless! Always80++n no dividend liao
27/11/2018 14:25

Posted by Moneyking543 > 2018-11-27 22:54 | Report Abuse

real salted fish

Posted by luckyman > 2018-11-29 21:05 | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=91054&name=EA_GA_ATTACHMENTS

Posted by 5354_ > 2018-12-01 14:06 | Report Abuse

Why drop 2.5 sen? Is it concerned VT start temple fund news?

Posted by 5354_ > 2018-12-01 14:06 | Report Abuse

Vincent Tan starts temple fund to buy back land from developer
Read more at https://www.thestar.com.my/news/nation/2018/12/01/tycoons-way-to-solve-hot-issue-vincent-tan-starts-temple-fund-to-buy-back-land-from-developer/#pAfbbMzea382Vhwu.99

Posted by 8888_ > 2018-12-05 12:14 | Report Abuse

VT donate RM 500K why no untung back 1?

Posted by tomnjerry > 2018-12-06 19:38 | Report Abuse

Useless stock!!

Posted by luckydarkie > 2018-12-07 15:03 | Report Abuse

camana mau ambik balik duit... rugi je

Posted by 5354_ > 2018-12-07 22:41 | Report Abuse

Wait Anwar PM? If still cannot go up change govn again in GE15?

Posted by PH_better > 2018-12-13 10:28 | Report Abuse

Everyday SBB everyday also got many sellers. Who are the sellers?

Posted by TheContrarian > 2018-12-13 10:36 | Report Abuse

Danny sells to crony at a discount via off market and Company buys back shares from crony s...l...o...w...l...y

Posted by 5354_ > 2018-12-15 11:46 | Report Abuse

4.11% foreign shareholdings in 2017 AR. Are they the 1 behind selling?

Posted by 5354_ > 2018-12-15 11:56 | Report Abuse

4.23% foreign shareholdings in 2016 AR or down 0.12% in 2017 AR.
http://trop.irplc.com/investor-relations/interactiveAR2016/#206/z

Posted by 5354_ > 2018-12-15 12:02 | Report Abuse

ANALYSIS OF WARRANT HOLDINGS
As at 23 March 2018
WARRANT 2009/2019
No. of warrants issued : 160,707,498
No. of warrants outstanding : 153,557,696
Exercise price of warrants : RM1.00 each
Expiry date of warrants : 8 December 2019
DISTRIBUTION OF WARRANT HOLDINGS
No. Names of Warrant Holders No. of Warrants %
1. Kenanga Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tan Chee Sing (021) 46,617,901 30.63
2. Amsec Nominees (Tempatan) Sdn Bhd Impeccable Ace Sdn Bhd 15,636,917 10.18

Posted by 5354_ > 2018-12-15 12:03 | Report Abuse

DT holds 40.81% W. Will he allow it go bust next year?

Posted by 5354_ > 2018-12-17 10:08 | Report Abuse

Trop-Ivory and land disposal to MCT money come in right? SBB pls buy more when price lower.

Posted by TheContrarian > 2018-12-17 14:42 | Report Abuse

Bought at 0.82 today.

Posted by 8888_ > 2018-12-19 10:10 | Report Abuse

Buy lo so cheap now. 2019 1.6-2?

Posted by TheContrarian > 2018-12-19 14:12 | Report Abuse

Danny selling cheaply now, later Company will buy back higher.

Posted by 5354_ > 2018-12-23 04:14 | Report Abuse

SBB qty increase(813K) when price near lowest show right move to save money while showing Trop is still undervalue.
https://klse.i3investor.com/servlets/stk/annshrtxn/5401.jsp

Posted by TheContrarian > 2018-12-26 16:34 | Report Abuse

Go, go, go Tropicana.

Posted by TheContrarian > 2018-12-27 17:10 | Report Abuse

Closed up 2.5 sen, where got drop?

Posted by luckyman > 2018-12-27 20:12 | Report Abuse

The company is likely to divest its non-core asset ie W Hotel and other land bank to further de-gear to save interest expense, and raise its cash holding further....

Posted by kelvinthoo > 2018-12-28 12:47 |

Post removed.Why?

Posted by TheContrarian > 2018-12-28 12:49 | Report Abuse

Already sold off early in the morning at 89.5 sen for 7.5 sen gain.

Posted by newbie5354_ > 2018-12-28 16:16 | Report Abuse

SBB stop today? Why drop?

Posted by 5354_ > 2018-12-28 16:21 | Report Abuse

luckyman you seem to know Trop very well. Why not ask Trop to give share dividend instead of cash dividend in 2019? Ask them not to stop SBB so fast.

Posted by 5354_ > 2018-12-28 16:38 | Report Abuse

SBB if can reach 1 or even 1.5 not Danny Tan has most to gain not us?

Posted by 5354_ > 2018-12-28 16:52 | Report Abuse

Contrarian you lose half sen now haha.

Posted by ivan9511 > 2018-12-28 18:32 | Report Abuse

no people invest better than @TheContrarian ,
TheContrarian also can sell at the right time, very smart and clever investor example Reach , Trop , well play .


Me still lose 20% on Trop because I hold more than 4 years already ,
I should sell this one at 90sen lose patient

Posted by Danny_Tan > 2018-12-28 20:20 | Report Abuse

You are wrong. At least Trop can move unlike Insas stuck at 66 sen.

Posted by TheContrarian > 2018-12-28 20:35 | Report Abuse

90 sen big road block today even first thing in the morning there were already over 500,000 shares offered for sale at 90 sen, thus not possible for me to get that price if I were to try. Maybe next week you can but I want to free up capital and look for opportunities elsewhere.

Posted by TheContrarian > 2018-12-28 20:43 | Report Abuse

ivan9511, there's a pattern play on Tropicana. The share buy backs will go for days and then suddenly stop and price will trend down to around 82 sen, the price Danny previously sold to cronies. This is the best time to buy and hold until share buy backs push up price again.

Posted by Danny_Tan > 2018-12-28 20:52 | Report Abuse

Wait next week know the answer. Up or down depend whether SBB continue.

Posted by TheContrarian > 2018-12-28 21:02 | Report Abuse

The problem with Tropicana is the Company can't keep on buying back as it will eventually breach the minimum 25% public shareholding spread listing rule unless Danny sells down to his cronies.