TROPICANA CORPORATION BERHAD

KLSE (MYR): TROP (5401)

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Last Price

1.20

Today's Change

-0.01 (0.83%)

Day's Change

1.18 - 1.21

Trading Volume

3,299,200


9 people like this.

11,004 comment(s). Last comment by DreamGuardian 3 weeks ago

ivan9511

3,854 posts

Posted by ivan9511 > 2018-12-28 21:07 | Report Abuse

TheContrarian and Danny both of you guys also give me the right answer ,
agreed thanls\\

thanks a lot

5354_

4,808 posts

Posted by 5354_ > 2018-12-29 17:38 | Report Abuse

Stamp duty exempted for year 2018
https://klse.i3investor.com/servlets/stk/5401.jsp

5354_

4,808 posts

Posted by 5354_ > 2018-12-29 17:39 | Report Abuse

No wonder aggressive SBB in 2018. No need to pay stamp duty compare to 2019 and other years.

5354_

4,808 posts

Posted by 5354_ > 2018-12-29 20:42 | Report Abuse

How abt BJ Land public shareholding got min 25%?

Posted by TheContrarian > Dec 28, 2018 09:02 PM | 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.

5354_

4,808 posts

Posted by 5354_ > 2018-12-29 20:51 | Report Abuse

Finance Ministry: Stamp duty exemption for first-time house buyers from Jan 1, 2019
Read more at https://www.thestar.com.my/news/nation/2018/12/29/finance-ministry-stamp-duty-exemption-for-first-time-house-buyers-from-jan-1-2019/#0uclIbhRIOJvdVXV.99

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-29 20:57 | Report Abuse

BJLand was granted lower public spread level of 19.67% by Bursa Malaysia on 20/12/18. You didn't read about it?

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-29 20:58 | Report Abuse

Another company facing public spread problem is TA Global.

5354_

4,808 posts

Posted by 5354_ > 2018-12-29 21:11 | Report Abuse

If BJ Land 19.67% public spread Bursa can accept why Tropicana public spread 25.12% got problem? VT and DT are brothers.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6013825
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5756253

Posted by TheContrarian > Dec 29, 2018 08:57 PM | Report Abuse
BJLand was granted lower public spread level of 19.67% by Bursa Malaysia on 20/12/18. You didn't read about it?

5354_

4,808 posts

Posted by 5354_ > 2018-12-29 21:24 | Report Abuse

TA Global 24.53%(PS) below 25% but Trop consider above.
http://www.bursamalaysia.com/market/listed-companies/company-announcem...

Posted by TheContrarian > Dec 29, 2018 08:58 PM | Report Abuse
Another company facing public spread problem is TA Global.

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-29 21:47 | Report Abuse

For the purpose of calculating minimum public spread, any shares bought back by a company and held as treasury shares are excluded from the total number of shares. So, if the company buys back say, 0.5% of its own shares, the percentage of public spread will then be (25.12-0.5)/(100-0.5) = 24.74%

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-29 21:50 | Report Abuse

If Tropicana doesn't have minimum public spread problem it can easily buy up any amount of shares and easily push up price to beyond RM1.

alam Rafik

114 posts

Posted by alam Rafik > 2018-12-29 22:20 | Report Abuse

tropicana bhd profit is cool, moving slowly...safe running

5354_

4,808 posts

Posted by 5354_ > 2018-12-30 16:03 | Report Abuse

Top Glove mulls Turkey factory
http://www.theedgemarkets.com/article/top-glove-mulls-turkey-factory

5354_

4,808 posts

Posted by 5354_ > 2018-12-30 16:03 | Report Abuse

Trop not related directly to TG but indirectly through Tan Sri Lim Wee Chai shareholding.

5354_

4,808 posts

Posted by 5354_ > 2018-12-30 16:13 | Report Abuse

TA Global 24.53%(PS) below 25% but Trop consider above.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6020257

Posted by TheContrarian > Dec 29, 2018 08:58 PM | Report Abuse
Another company facing public spread problem is TA Global.

5354_

4,808 posts

Posted by 5354_ > 2018-12-30 16:14 | Report Abuse

Why Bursa never question Trop unlike TAGB?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6020257

TheContrarian For the purpose of calculating minimum public spread, any shares bought back by a company and held as treasury shares are excluded from the total number of shares. So, if the company buys back say, 0.5% of its own shares, the percentage of public spread will then be (25.12-0.5)/(100-0.5) = 24.74%
29/12/2018 21:47

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-30 19:59 | Report Abuse

Why 5354 didn't come out first prize in Magnum?

apolloang

18,163 posts

Posted by apolloang > 2018-12-30 22:09 | Report Abuse

no lah 7209 cheetah 1st prize magnum....hehe

5354_

4,808 posts

Posted by 5354_ > 2018-12-31 09:28 | Report Abuse

90 sen all eaten by SBB so far?

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-31 09:54 | Report Abuse

Go, go, go Tropicana.

apolloang

18,163 posts

Posted by apolloang > 2018-12-31 09:55 | Report Abuse

not go go go toyoink ar? hahaha

5354_

4,808 posts

Posted by 5354_ > 2018-12-31 10:16 | Report Abuse

Trop talk Trop. Talk other stocks elsewhere.

5354_

4,808 posts

Posted by 5354_ > 2018-12-31 10:30 | Report Abuse

SBB can push Trop >1 in 2019?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2018-12-31 10:45 | Report Abuse

93 sen also difficult. Only Anwar PM can get?

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-31 10:58 | Report Abuse

93 sen not today. I think today can close at 92.5 sen

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-31 11:01 | Report Abuse

5354, what's your cost?

5354_

4,808 posts

Posted by 5354_ > 2018-12-31 11:15 | Report Abuse

I also avg down like you when drop to 80.5 sen recently. That 1 gain but still keep.

5354_

4,808 posts

Posted by 5354_ > 2018-12-31 11:17 | Report Abuse

89.5 sen you sold on Friday lose 1.5 sen now. I don't like in out. Only broker gains not us.

5354_

4,808 posts

Posted by 5354_ > 2018-12-31 11:23 | Report Abuse

What opportunity you found after selling? Why your posts all in old counters you had eg MNRB, Insas, etc.

Posted by TheContrarian > Dec 28, 2018 08:35 PM | 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.

5354_

4,808 posts

Posted by 5354_ > 2018-12-31 11:41 | Report Abuse

RM 20-30 million budget for 2019 dividend use for SBB haha.

newbie5354_

1,303 posts

Posted by newbie5354_ > 2018-12-31 14:51 | Report Abuse

SBB stop in afternoon?

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-31 15:38 | Report Abuse

If sold in the morning at 0.92 and buy back now at 0.88 you make instant contra gain of 4 sen.

newbie5354_

1,303 posts

Posted by newbie5354_ > 2018-12-31 15:48 | Report Abuse

After what happen is easy to talk what not talk before happened?

apolloang

18,163 posts

Posted by apolloang > 2018-12-31 17:01 | Report Abuse

Posted by TheContrarian > Dec 31, 2018 03:38 PM | Report Abuse

If sold in the morning at 0.92 and buy back now at 0.88 you make instant contra gain of 4 sen.

4d open then u know ar? hahaha

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-31 17:46 | Report Abuse

Next 4D first prize should be 5354.

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-12-31 17:52 | Report Abuse

If last Friday I didn't sell at 0.895 I would have attempted at 0.92 after 4.40 pm then I wouldn't have succeeded selling. The price instead closed down at 0.885/0.89.

TheContrarian

9,497 posts

Posted by TheContrarian > 2019-01-02 17:03 | Report Abuse

Why closed down today?

8888_

2,923 posts

Posted by 8888_ > 2019-01-03 10:05 | Report Abuse

RM 1 by CNY?

8888_

2,923 posts

Posted by 8888_ > 2019-01-03 10:11 | Report Abuse

SBB buy more.

Posted by ganesonm > 2019-01-03 10:11 |

Post removed.Why?

8888_

2,923 posts

Posted by 8888_ > 2019-01-03 10:29 | Report Abuse

Inari good past few years why can turn bad today? Might be Trop turnaround in 2019 or pig year who can forecast?

8888_

2,923 posts

Posted by 8888_ > 2019-01-03 10:31 | Report Abuse

ganesonm last post in 2012 JCY. JCY did very well/better than Trop haha.
https://klse.i3investor.com/servlets/cube/post/ganesonm.jsp

8888_

2,923 posts

Posted by 8888_ > 2019-01-03 10:33 | Report Abuse

At least you say stock market very bad until 61 year BN govn can tumble more acceptable rather pin point Trop only bad ctr.

5354_

4,808 posts

Posted by 5354_ > 2019-01-03 17:01 | Report Abuse

SBB getting it right? Should push up at closing not whole day?

TheContrarian

9,497 posts

Posted by TheContrarian > 2019-01-03 18:32 | Report Abuse

Danny Tan sold 4,400,000 shares? Sold to who? Sold at what price?

apolloang

18,163 posts

Posted by apolloang > 2019-01-03 18:34 | Report Abuse

bursa 1 sided tell 1 side either buy or sell only.....just like casino black jack banker open 1 card for u to see only.....hahaha

luckyman

720 posts

Posted by luckyman > 2019-01-03 22:21 | Report Abuse

Danny has to sell down some shares in order to comply with the minimum 25% shareholding held by the public. Otherwise the counter can be suspended by Bursa.

TheContrarian

9,497 posts

Posted by TheContrarian > 2019-01-03 22:41 | Report Abuse

Who do you think Danny sold 4,400,000 shares to? And at what price?

apolloang

18,163 posts

Posted by apolloang > 2019-01-03 22:43 | Report Abuse

now focus on your toyoink…..trop 92cts sell 86cts buyback only just like u say......hehe

5354_

4,808 posts

Posted by 5354_ > 2019-01-03 22:50 | Report Abuse

Really confused. DT never own >75% why must sell?

Posted by luckyman > Jan 3, 2019 10:21 PM | Report Abuse
Danny has to sell down some shares in order to comply with the minimum 25% shareholding held by the public. Otherwise the counter can be suspended by Bursa.

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