TROPICANA CORPORATION BERHAD

KLSE (MYR): TROP (5401)

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Last Price

1.20

Today's Change

0.00 (0.00%)

Day's Change

1.19 - 1.20

Trading Volume

2,535,000


9 people like this.

11,004 comment(s). Last comment by DreamGuardian 2 weeks ago

pathew

2,028 posts

Posted by pathew > 2013-10-14 12:26 | Report Abuse

i'm still holding, just not looking... hahaha....

lwalk

1,144 posts

Posted by lwalk > 2013-10-14 12:45 | Report Abuse

hello pathew, good to see u :)

nightshade

523 posts

Posted by nightshade > 2013-10-14 16:17 | Report Abuse

let the giants fight....they can come out with the fund for private placement of 10%, they are arms with the "armor tanks"...we retail investor arms with " lastik & guli" might not want to stand in their way....

for now, just enjoy the Bollywood's movie shooting

pathew

2,028 posts

Posted by pathew > 2013-10-14 23:22 | Report Abuse

Iwalk, good to see you too. But I didn't leave this place just didn't have time to post....

goreng

4 posts

Posted by goreng > 2013-10-14 23:22 | Report Abuse

good

Posted by joelkatana > 2013-10-16 13:16 | Report Abuse

Price target very high but no sign of reversal just yet. Still in free fall mode.

nightshade

523 posts

Posted by nightshade > 2013-10-16 15:18 | Report Abuse

the second tranche of private placement will not be lower the the 1st one tranche....looks likely it will be place at premium......they mentioned the placement shares are not priced at more than ten percent (10%) discount to the volume weighted average market price (“VWAP”) of the Shares for the five (5) market but never say it cannot be in premium....

the first tranche of private placement = RM1.78

if they purposely set on 1.50 VWAP....RM 1.80 approximately 20% premium....

PP can be = Private Placement or Project Planning.....but i think private placement is more appropriate at the moment

nightshade

523 posts

Posted by nightshade > 2013-10-16 17:07 | Report Abuse

the Bollywood's film director summoned a sweeper to do some floor cleaning last minute.....dei, sweeper not allowed next time, only vacuum cleaner permitted

lwalk

1,144 posts

Posted by lwalk > 2013-10-16 17:29 | Report Abuse

got any kind of sweeper happy enough d...

Posted by musang_foxking > 2013-10-17 00:21 | Report Abuse

haha lagi sekali dia buat...if they did the sweeping everyday...baru boleh naik gila2..tapi itu sweeper boleh untung kah? betullah nightshade cakap..ada giants in fighting? a group has been buying high...but another groups like to dump...or is it an act ..so the price will shoot tomorrow? susah betul main saham..susah mau agak..susah mau untung

myky67

106 posts

Posted by myky67 > 2013-10-17 10:05 | Report Abuse

Who will buy the private placement share at premium more than 20%.? Everyone will look for the cheaper price, comply with the investment policy of Buy low Sell high.. So, is it better collect in open market..?

nightshade

523 posts

Posted by nightshade > 2013-10-17 10:23 | Report Abuse

definitely not the retailers but institutional

imagine you got that size of fund, which can take up 10% placement, you try to collect that 10% from market with that volume....what will happen ?

i guess before they can get 10%, the price might far exceed the premium they are going to pay

it is indeed better to buy from market from retailer point of view, but not from the institutional point of view in my opinion

our "bursa ecosystem" consists of retailers, local institution & foreign institution players, don't always look from a retailer point of view.

myky67

106 posts

Posted by myky67 > 2013-10-17 12:03 | Report Abuse

Thanks nightshade.... that mean the institution players willing to buy the private placement share at the premium now.. and they very confidence the share will rebound soon, higher than the placement price (rm1.80) to recoup the immediate 20% loss... so, is it worth/ safe to invest at the current price, nightshade..?

nightshade

523 posts

Posted by nightshade > 2013-10-17 12:21 | Report Abuse

safe or not safe...that one you have to decide yourself.....

from what I read & understand from those who have attended the recent EGM, the management gave assurance that the second tranche private placement will not be place lower than the first tranche private placement...the first tranche of PP was at RM1.78....

i see there is logic why they shouldn't place it lower than the first PP - if they place the future PP lower than the precious PP, how they wanna answer to previous investor taking up the first tranche of PP? who else wanna take up the future PP if that happen, knowing that the same fate might happen on them in future?

waiting for Satan vs Hafiz finally :)

pathew

2,028 posts

Posted by pathew > 2013-10-17 12:56 | Report Abuse

this kns share.... really testing patience... anyway, after budget I revisit back... bleeding profusely coz of this stupid share

nightshade

523 posts

Posted by nightshade > 2013-10-17 13:13 | Report Abuse

rule of thumb ~ the moment they announce private placement, cabut first.....when private placement concluded or about to conclude, time come back

latjiu

222 posts

Posted by latjiu > 2013-10-17 14:32 | Report Abuse

what is a good price to enter?

Saturn

2,148 posts

Posted by Saturn > 2013-10-17 15:06 | Report Abuse

Nightshade.....kakakakakaka

Saturn

2,148 posts

Posted by Saturn > 2013-10-17 15:19 | Report Abuse

But I LOve Lao Sai stock........it's stable and predictable

Posted by Tansoobeng > 2013-10-17 18:34 | Report Abuse

Kakakaka....grandma say it's stable ad predictable...kakakaka

Saturn

2,148 posts

Posted by Saturn > 2013-10-17 21:24 | Report Abuse

Aiya hays...Hafiz So High is back.....don't dare to use real name d.....after condemning Cina ......

Posted by Tansoobeng > 2013-10-17 21:50 |

Post removed.Why?

Zenwan

189 posts

Posted by Zenwan > 2013-10-17 23:24 | Report Abuse

Why don't dare to use ur real name......? Chicken licken?

Zenwan

189 posts

Posted by Zenwan > 2013-10-17 23:27 | Report Abuse

Already saw ur posting lah.....Saturn is right,....

Zenwan

189 posts

Posted by Zenwan > 2013-10-17 23:30 | Report Abuse

I though you want to call SKMM to catch him? Hahahahaha

nightshade

523 posts

Posted by nightshade > 2013-10-17 23:45 | Report Abuse

Hey Satan, long time no see, how is hell? :), hope your confident level for the competition remain high

Can deliver touch down on time ? kikikiki

Saturn

2,148 posts

Posted by Saturn > 2013-10-18 00:02 | Report Abuse

Nightshade, hell is great as always, and will wait for u there when your time is done.....Kakakaka.....
I like your story but it won't be base on premium......partner will slaughter them if they offer premium.....

Posted by MrTigerShark > 2013-10-18 00:04 | Report Abuse

MrTigerShark loves hell. Places without rules are more fun.....

nightshade

523 posts

Posted by nightshade > 2013-10-18 00:06 | Report Abuse

So no premium , how to set something not below RM 1.78 ? I miss something alone the way?

nightshade

523 posts

Posted by nightshade > 2013-10-18 00:11 | Report Abuse

Unless they wanna jack up within the last 5 days, which I highly doubt they can make it on time .... If still no.... Then tiu lo, management not keeping their word

nightshade

523 posts

Posted by nightshade > 2013-10-18 00:18 | Report Abuse

I hope the former to happen not latter ,if that are the remaining possible outcomes

Looking forward for the your finale against Hafiz, all the best

Saturn

2,148 posts

Posted by Saturn > 2013-10-18 00:47 | Report Abuse

Actually Huayang alreadi won if not for the bonus, ....next will be EnO and last Tropicana. Mr Racist Hafiz, can lick his wound........or ass.....which ever come first...kakakaka

Posted by Tansoobeng > 2013-10-18 02:41 |

Post removed.Why?

Posted by MrTigerShark > 2013-10-18 07:27 | Report Abuse

Another fighting counter..

nightshade

523 posts

Posted by nightshade > 2013-10-18 09:59 | Report Abuse

@Satan - the private placement for their existing 1st tranche partner or different people taking up this time?

Saturn

2,148 posts

Posted by Saturn > 2013-10-18 11:54 | Report Abuse

Different

nightshade

523 posts

Posted by nightshade > 2013-10-18 12:05 | Report Abuse

thanks...it help to narrow down the possibility

dboulevard

101 posts

Posted by dboulevard > 2013-10-21 10:55 |

Post removed.Why?

jenabchen123

1,219 posts

Posted by jenabchen123 > 2013-10-21 11:07 | Report Abuse

Sini sanitarium lah!

Saturn

2,148 posts

Posted by Saturn > 2013-10-21 12:02 | Report Abuse

I love i3.....

Saturn

2,148 posts

Posted by Saturn > 2013-10-21 12:04 | Report Abuse

I think hafiz feel like SO high after reading i3. Kudos i3....

東风

75 posts

Posted by 東风 > 2013-10-22 01:27 | Report Abuse

All the way down.

heng88

144 posts

Posted by heng88 > 2013-10-22 06:57 | Report Abuse

omg, my entry price is at 1.91 , now 1.46 , loss all the way...:(, so how , anybody can advise to keep or ?

heng88

144 posts

Posted by heng88 > 2013-10-22 07:00 | Report Abuse

what is going on, why the price keep dropping?

sjsoon

2,576 posts

Posted by sjsoon > 2013-10-22 11:04 | Report Abuse

Heng88: hold it. Leave it aside. You will get a surprise by the end of the year.

sjsoon

2,576 posts

Posted by sjsoon > 2013-10-22 11:08 | Report Abuse

Bought at 1.88, averaged down to 1.62, bought some more at 1.55, again averaged down to 1.51.

Kutty123

1,585 posts

Posted by Kutty123 > 2013-10-22 11:10 | Report Abuse

woow..very very bearish now..

heng88

144 posts

Posted by heng88 > 2013-10-22 15:12 | Report Abuse

Thanks Sjsoon for your good advice, hopes that's will be good surprise by the end of the year...must be positive:)

Saturn

2,148 posts

Posted by Saturn > 2013-10-22 16:11 | Report Abuse

Wah SJ u good lah.....I like!!

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