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

1,497,000


9 people like this.

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

Up_down

4,346 posts

Posted by Up_down > 2014-02-20 23:12 | Report Abuse

You can read in Explanatory Note under B2. Variation of results against preceding quarter

Saturn

2,148 posts

Posted by Saturn > 2014-02-20 23:17 | Report Abuse

Doesn't matter up_down, as it still translate to gearing and eps growth......we say 313% , 112% , 134% those are presentation only......if they cannot lessen the gearing! the JV must kick in to balance the financial expense fr gearing with income .....

Up_down

4,346 posts

Posted by Up_down > 2014-02-20 23:26 | Report Abuse

Let see how the investors and newspaper response tomorrow.

Saturn

2,148 posts

Posted by Saturn > 2014-02-20 23:34 | Report Abuse

It's already out on the edge......

Posted by Chua Boon Chin > 2014-02-21 08:06 | Report Abuse

What the great news at edge ! 325 million ! Wa lau ! Earning so much ? Fertilize tong Pak fu picture ! Preven professional !

Posted by Chua Boon Chin > 2014-02-21 08:08 | Report Abuse

First class con man in development country such malaysia ! Fantastic job !

Posted by Chua Boon Chin > 2014-02-21 08:10 | Report Abuse

2.04 drop to 1.30 still earn 325 million ! Why to find ?????????

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 08:15 | Report Abuse

Hehehehe....u r right....
Best construction company....wakakakakaka

Posted by Chua Boon Chin > 2014-02-21 08:21 | Report Abuse

Myself also can be the giant in this empire ! Death body any way ! Don't trust !

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 08:37 | Report Abuse

Kakakaka looks like Trops doing a EnO........good move.....Chinese in China and Indonesia are rich...........mix development projects will see lifestyle taken up by china

http://www.thestar.com.my/Business/Business-News/2014/02/21/Tropicana-to-open-offices-in-China-Indonesia/

Posted by Chua Boon Chin > 2014-02-21 08:48 | Report Abuse

Saturn ! Not to u to believe ! Trop got back up to fertilize the things , not way I temporary follow their step ! Buy in today earn the profit ! Good chance coming 20 cts at least !

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 08:49 | Report Abuse

Walao...CBC. Ur England powder ful.......I had to use google reverse translate to understand u.....

Posted by MAMEE MONSTER > 2014-02-21 08:53 | Report Abuse

dear Saturn, Congratulations. MAMEE is in your heart how. TROP is in super-goreng mode.
Another SUPERMX, PERDANA in making, AM MAMEEE!!!!!

Posted by MAMEE MONSTER > 2014-02-21 08:56 | Report Abuse

Those who sell at 1.31, 1.32 please cancel it,

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 08:56 | Report Abuse

CBC u r English subtitle gone wrong....

Posted by Chua Boon Chin > 2014-02-21 09:03 | Report Abuse

Thk correct me where got money where to go ! Saturn

0665hock

234 posts

Posted by 0665hock > 2014-02-21 09:06 | Report Abuse

mum mum....hahahaha

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 09:06 | Report Abuse

If u r one of those that receive my message on email......trop on own until 1.35.....no investor...

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 09:10 |

Post removed.Why?

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 09:13 | Report Abuse

As I said ....13 million.....don't dance n shout yet......
They have to perform 3 announcement to get it right....pls don't let ah Yau lead the announcement.....pls pls pretty pls

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 09:26 | Report Abuse

Sharp sharp 1.40 is the barrier.....quick , do first announcement.......follow up from Pam Loh.......she is doing a great job!!

Icon8888

18,659 posts

Posted by Icon8888 > 2014-02-21 09:31 | Report Abuse

should have bought more... : (

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 09:37 | Report Abuse

Trops, u need to announce the 3 announcement before mid march........do it......just do it......if not sure ask Nike

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 09:39 |

Post removed.Why?

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 09:43 | Report Abuse

U have to announce it before Dahlan makes the next announcement....

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 09:44 | Report Abuse

Announce one today!!!!! Doesn't matter if. Friday....keep the momentum.....

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 10:01 | Report Abuse

Ok 1 announcement .....de gearing 0.55x......have to see the full report.....common......the jeez the jeez....

http://klse.i3investor.com/blogs/rhb/46776.jsp

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 10:02 | Report Abuse

I have kept my promise above 1.35 for support....but news need to come.....13 million to make first turn......

iWarrants

746 posts

Posted by iWarrants > 2014-02-21 10:03 | Report Abuse

Saturn what is your tp for trop after recent q report?

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 10:08 | Report Abuse

I can give you TP once they can give me the 3 announcement.....

iWarrants

746 posts

Posted by iWarrants > 2014-02-21 10:24 | Report Abuse

today gap up, seems to be very good . 1.36, still can enter?

Posted by MAMEE MONSTER > 2014-02-21 10:27 | Report Abuse

MAMEE is in your heart and TROP will be goreng straight to 2.22 like Perdana goreng from 0.50 to 3.33 MAMEE!!!!! Thank you kawan's Magic.

tonylim

4,796 posts

Posted by tonylim > 2014-02-21 10:42 | Report Abuse

Morning mamee

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 11:08 | Report Abuse

Ahhhh freeloader is in.......I have a fren I want to recommend you....his name is CBC....he can help u get more free.....yessss free.......the only lame duck on crutches here in i3....

Icon8888

18,659 posts

Posted by Icon8888 > 2014-02-21 11:37 | Report Abuse

from RHB :


Tropicana Corp's FY13 earnings came in stronger than expected, attributed to higher revenue from property development as well as higher land sales in 4Q13. Earnings growth prospects remain favourable, underpinned by its strong unbilled sales of MYR2.18bn. Management is targeting sales of above MYR2bn for FY14, buoyed by some MYR3.2bn in new launches. Maintain BUY and FV of MYR2.19.

•Above expectations. Tropicana Corp (TRCB) FY13 net profit of about MYR188.2m (11.2% y-o-y) was slightly above our estimate. 4Q13 earnings were boosted by profits from land sales and higher progress billings. The company's earnings prospects remain positive, underpinned by new sales amounting to MYR2.16bn in FY13 (9M13: MYR1.85bn) and high unbilled sales totalling MYR2.18bn.
•More than MYR2bn launches planned for FY14. TRCB is targeting for launches of up to MYR3.2bn for FY14, although this figure could be lower given the softer outlook for the property sector. However, it is confident of delivering new sales totalling about MYR2bn in FY14. It will sharpen its focus on the central and northern region, and 40% of the offerings will be landed properties. About MYR566m worth of GDV has been launched so far, including MYR252m in Tropicana Heights in Kajang (landed) and MYR314m in Tropicana Macalister, Penang (high rise). Both projects have received positive response, with tak e-up rates of 62% and 36% respectively.
•Degearing efforts to continue. TRCB will continue with its efforts to degear in FY14 through more land sales and disposing of its non-core assets. Although the group’s net gearing stood at 0.55x as at end-FY13, this could increase to 0.8x as management has allocated total capex of MYR800m for FY14. TRCB continues to actively seek buyers for its investment properties, including Tropicana City Mall. Meanwhile, gains from land sales in FY14 may come in higher than the MYR339m recorded in FY13 given the rise in land prices, as well as the larger land parcels to be put up for sale.
•Maintain BUY. Our FY14 earnings forecast go up by a slight 2% on updating our FY13 numbers. We maintain our FV of MYR2.19, based on a 25% discount to RNAV

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 11:43 | Report Abuse

You r reading it....iam asking for the official announcement.......

tonylim

4,796 posts

Posted by tonylim > 2014-02-21 11:51 | Report Abuse

Arrgh trop +8 sen. Another free mcD for syaitan.
Remember to bring yr free vouchers.

iWarrants

746 posts

Posted by iWarrants > 2014-02-21 12:05 | Report Abuse

trop is on a good mood, could sultan of joh snap some of its properties too? seeing how they so close now haha. just a though.

Gusen

1,871 posts

Posted by Gusen > 2014-02-21 12:06 | Report Abuse

brought @ 1.36, see how high it can shoot

Saturn

2,148 posts

Posted by Saturn > 2014-02-21 12:10 | Report Abuse

Free loader Tony is jalus I get a good deal yeah.........

Go and buy more Teh Tarik and Ramey burger lor.....maybe then they can remember u and ur email.......kakakaka

GF888

43 posts

Posted by GF888 > 2014-02-21 12:39 | Report Abuse

Tropicana Corp - Strong Growth Ahead
Date: 21/02/2014
Tropicana Corp's FY13 earnings came in stronger than expected, attributed to higher revenue from property development as well as higher land sales in 4Q13. Earnings growth prospects remain favourable, underpinned by its strong unbilled sales of MYR2.18bn. Management is targeting sales of above MYR2bn for FY14, buoyed by some MYR3.2bn in new launches. Maintain BUY and FV of MYR2.19.

GF888

43 posts

Posted by GF888 > 2014-02-21 12:39 | Report Abuse

Good future... YEs ! Buy..buy some more..

Icon8888

18,659 posts

Posted by Icon8888 > 2014-02-21 12:54 | Report Abuse

this company has immense potential. land bank able to sustain RM80 billion GDV. Lets say developed over 20 years, every year sales = RM4 billion. Based on 20% net margin, net profit = RM800m per annum. Based on PER of 15 times, market cap = RM12 billion. Market cap now RM2 billion. Meaning share price another 600% to go. Target price is hence RM1.30 x 6 = RM7.80

what are you waiting for ? buy now !

Posted by Chua Boon Chin > 2014-02-21 13:28 | Report Abuse

guy ! normally this kind of result will cause a lot of victims in the end ! too good too suffer the most .hurry chase will cause die stand in the end .be caution .

Posted by Chua Boon Chin > 2014-02-21 13:35 | Report Abuse

todays market , who buy who lose . fertilizer result creating ! how much earning depend on the sold hand ! first class making ! your believe will die immediately . my view . forgot this stock , a lot of shareholder die stand previously .

0665hock

234 posts

Posted by 0665hock > 2014-02-21 13:49 | Report Abuse

i will be a seller in the afternoon section

Posted by Chua Boon Chin > 2014-02-21 13:51 | Report Abuse

proof 2.04 drop to 1.20 ! feedback the history ?????? earning 325 million ? your believe ? not sindiket control the game ! keep a journey ! shark around u !

Icon8888

18,659 posts

Posted by Icon8888 > 2014-02-21 13:52 | Report Abuse

CBC you england is funny : )

Posted by Chua Boon Chin > 2014-02-21 13:55 | Report Abuse

private killer

Posted by Chua Boon Chin > 2014-02-21 13:57 | Report Abuse

listen to saturn ! he is brilliant and smart guy in market !

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