Shariah compliant.

On prospects, Fernandes said AirAsia's airline operations in Malaysia continues to show strong demand up until the end of the year, and it is expected to report another record load factor of around 90%.
"With the weakening of the ringgit, we see consumers trading down and travelling within the country or around the region rather than to Europe or America. Malaysia is also becoming a cheap destination for tourists coming in," he said.

Why EPS 1.15 sen RM 4? EPF buy so high?

Tropicana posts 3QFY16 net profit of RM34.8m, declares 2.5 sen dividend
By Supriya Surendran / theedgemarkets.com | November 24, 2016 : 8:12 PM MYT
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KUALA LUMPUR (Nov 24): Tropicana Corp Bhd posted a net profit for the third financial quarter ended Sept 30, 2016 (3QFY16) of RM34.8 million, down 77% from RM151.78 million a year ago due to the absence of one-off gain on disposals.

In a statement today, Tropicana said the decrease in profitability was due to one-off gain disposals of properties and a subsidiary of RM161.7 million registered in the previous corresponding period.

Revenue for 3QFY16 came in at RM357.08 million, 46% higher than its 3QFY15 revenue of RM244.58 million fuelled by higher revenue recognition across key projects within the Klang Valley and northern region.

The group also declared a dividend of 2.5 sen per share. The dividend consists of an electable portion of 2.5 sen which can be elected to be reinvested in new ordinary shares of Tropicana in accordance with the Dividend Reinvestment Scheme. The book closure date will be announced at a later date

For the nine months ended Sept 30, 2016 (9MFY16) Tropicana reported a net profit of RM83.28 million, from RM194.23 million a year ago.

Revenue for 9MFY16 came in 5.7% higher at RM1 billion, compared with RM947.83 million a year ago.

“With an unbilled sales of RM2.6 billion, the group remains well-positioned to achieve its full-year sales target of RM1.2 billion, anchored by encouraging demand for its developments in prime locations, coupled with its 17 on-going projects and strategic approaches to unlock the value of over 1,300 acres of prime land with potential gross development value in excess of RM50 billion,” Tropicana said.

While prospects for the property sector remains challenging in the short-term, the group believes that there will still be demand for landed properties and integrated developments in prime locations with accessibility to good amenities and attractive pricing.

Going forward, Tropicana’s strategy will remain to be market driven and adapted to market demand.

In the last quarter of FY16, Tropicana is offering tailored financial schemes, a 0% interest plan to ease buyers’ cash flow burden and help them overcome down payment issues, where buyers can opt to settle the differential sum, which is the difference between the purchaser's loan and the balance purchase price via instalments over six months, 12 months or 24 months, depending on the property purchased across six premier developments in the Klang Valley.

The properties are Parkfield Residences and Ridgefield Residences, the second and third phases of Tropicana Heights in Kajang; Bayan Residences and Cheria Residences, the second and third phases of Tropicana Aman in Kota Kemuning; Paloma Serviced Residences, the second residential phase of Tropicana Metropark in Subang Jaya; and Dianthus Serviced Residences, the fourth phase and final tower of Tropicana Gardens in Kota Damansara

Tropicana shares were unchanged at RM1 today, for a market capitalisation of RM1.43 billion.
http://www.theedgemarkets.com/my/article/tropicana-posts-3qfy16-net-profit-rm348m-declares-25-sen-dividend

Expected dividend (20% dividend policy) 15.3 sen with DY 5.64%. If follow Maybank FD 1 yr 3.1% TP RM 4.93?
http://www.malaysiastock.biz/Dividend-Policy/
http://www.maybank2u.com.my/mbb_info/m2u/public/personalDetail04.do?channelId=ACC-Accounts&cntTypeId=0&cntKey=ACC03.01&programId=ACC03-FixedDepositAccounts&chCatId=/mbb/Personal/ACC-Accounts

Unrealised foreign exchange gain RM 2.665 million. Now USD 4.45 up from 30 Sep'16 so when realised forex gain higher?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5268493

UMNO members want 2017 GE 14. But FGV poor QR how to fetch good price so that BN can sweep Felda seats?

After QR out gap up?

CPO 2 year high RM 3099.
http://www.bursamalaysia.com/market/derivatives/prices/

Mango Juice could it be instruction from PM Najib so that M'sian who miss earlier boat can buy FGV cheaply?

Before GE 14 push FGV up 1 more round?

Gen Plant just reported 160% increase in profit. Good sign for Genting QR?
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=G&securityCode=2291

5 sen dividend ex-date 6th Dec.

BNM interest rate unchanged is good for RM.

Look like PM recent trip to China bore fruit. At least CPO has jumped to RM 2956 currently. FGV QR was before PM trip to China hence low CPO price fetched. Like Warren Buffet said be greedy when others are fearful I add more today.
http://www.bursamalaysia.com/market/derivatives/prices/

13. Material Changes in the Quarterly Results Compared to Preceding Quarter (continued)
(a) Palm Upstream
The segment registered a decrease in profit of 39.4% mainly due to higher fair value charge of RM105.32 million on LLA in current quarter compared to RM12.24 million charged in preceding quarter. Excluding the LLA effect, the segment’s profit was RM195.67 million compared to RM161.25 million in preceding quarter.
Operationally, the Group’s CPO production increased by 19% to 783 thousand associated with the increase in FFB production from 1.08 million mt in preceding quarter to 1.12 million mt in current quarter. Higher OER was achieved at 20.96% in current quarter compared to 20.40% achieved in preceding quarter. Average CPO price realised in current quarter was RM2,479 per mt compared to RM2,570 per mt in preceding quarter.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5265197

Sure good because Sep'16 QR CPO only RM 2479.

newbe999 CPO RM 2942 not good to FGV?
http://www.bursamalaysia.com/market/derivatives/prices/
23/11/2016 10:49

http://www.nst.com.my/news/2016/11/190805/kemaman-port-set-major-multi-million-ringgit-expansion

Kemaman(SKH project location) Port set for multi-billion ringgit facelift-NST 23rd Nov.

AAX announced better QR YOY and QOQ. Airasia also possible?

If read details CPO realized is RM 2479/tn in Sep'16 qtr. Now CPO RM 2935 Dec'16 so will Dec'16 better QR?
http://www.bursamalaysia.com/market/derivatives/prices/
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5265197

If plant oil palm cannot make money better built railway(ECRL) on FGV oil palm estates.

Anyone here work in KWAP? So KWAP must know why recent QR is bad hence their selling?

If CIMB must drop so Maybank coming QR EPS above 20 sen?

I wish someone here volunteer to call(inform) AA IR to hedge oil price below USD 50 as current low oil price will not last forever.

I agree with Mango Juice comment if AA really troubled by high USD they can charge their customers more as MAS also face similar problem. If no extra surcharge meaning AA still not in trouble.

Last QR when AA announced result AA traded at RM 3 now oil price lower but AA only RM 2.67 expensive?

Not oil was at higher price(USD 56/bbl?) last QR why fear?

Ranhill has higher EPS(1.59 sen) than Malakof(both utility stock) despite 50 sen cheaper.

Achieve higher EPS than Malakof(both utility stock) despite 50 sen cheaper.

Oil up 4%. CIMB can recover O&G loan impairment in coming qtr.

Oil up 4%. AMMB can recover O&G loan impairments in coming qtr.

Oil up 4%.
http://finance.yahoo.com/quote/CL=F?p=CL=F

DY 6.22% almost 2X FD. Strong USD should boost 4th qtr QR.
http://klse.i3investor.com/servlets/stk/fin/7022.jsp

EPS 11.73 sen no 20% drop like what jorgsacul said. Proof he is only good at bullshitting.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5263937

Why nobody talk oil price? What oil price AA can still make good profit?

Weak RM not first time. Jan'16 also RM 4.2. Do AA had poor Mar'16 QR?

paperplane2016 MYR weakened, bad for AirAsia with huge usd debts.
21/11/2016 11:32

Not long ago Icon8888 wrote blog jangan tak beli AA even at RM 2.73 and above. Why no more news from him lately?

Even Icon8888 missing in AA(even change logo no more AA) nowadays. Could be he has sold?

Actually i3 members quite dishonest. Nobody will inform they sold their stocks that cause drop.

I know also. I thought AA shareholders(Sarifah 1 of them?) selling today and no one here.

Nigel Low Google is a powerful tool, I suggest you learn to use it.
21/11/2016 10:53

Why no 1 can help?

BN_menang Where is passenger load data? Can someone repost?
21/11/2016 10:18

If read Focus magazine many crooks in share market but why they are not caught? Salah BN(govn), Bursa or who?

RM plunge should affect AAX as well but today trading show isn't why?

RM menjunam(if there is?) will affect Feb QR not coming 1.

Tabung Haji bought 3.174 million UEM S shares last Friday announcement.

Tabung Haji keep buying and last week plenty of HSR news. Why UEM S down?

AAX(always worse QR than AA) can up why must AA must down?

Where is passenger load data? Can someone repost?

Fear bad QR hence selling? What if still good like last 2 qtrs?

Tropicana 0% plan to help ease financing woes-NST 21st Nov.