WISE MEN USUALLY MADE LOGICAL N GOOD DECISIONS/CHOICES.

MOST INVESTORS INCLUDING MYSELF SOMETIMES MADE WRONG JUDGEMENTS DUE TO OUR MINDSET CLOUDED BY EMOTIONS. HENCE E.Q IS JUST AS IMPORTANT IF NOT EVEN MORE SIGNIFICANT THAN I.Q. MUST LEARN HOW TO CONTROL AND USE OUR IQ MORE EFFECTIVELY

LEWIS72. YOUR POINT ON THE TRADING PATTERN BETWEEN THE MOTHER SHARE N ITS CW IS VERY RELEVANT. TQ

THE NEW CW IS IN BURSA ANNOUNCEMENT.

MORE ISSUANCE OF CALL WARRANTS.
===============================

IS THIS NEGATIVE NEWS ? . SOME SAID THAT THE IMPLICATION IS NEGATIVE FOR THE MOTHER SHARE PRICE.
BCOS IT IS IN THE SELF INTEREST OF CALL WARRANT ISSUERS TO WISH FOR THE MOTHER SHARE PRICE TO GO DOWN
SO THAT THEY CAN MAKE MONEY FROM OR AT LEAST DONT LOSE MONEY BASED ON THEIR EXERCISE FORMULA. IT SEEMS THERE WILL BE DOWNWARD PRESSURES ON THE MOTHER SHARE PRICE AS THE EXPIRY DATE OF THE CW APPROACHES.

SOME VALID OBSERVATIONS THERE. HAD ALSO SEEN SOME OTHER MOTHER SHARES SUFFERING SUCH SITUATIONS .

HOPE CAN GET SOME OTHER COMMENTS ON THIS

I STILL BELIEVE TROP'S SHARE PRICE CAN GO UP BASED ON THE :-
* ITS FUNDAMENTALS ARE STRONG AND STRENGTHENING. EG PAR VALUE RM1, NTA 2.19,
FULL YEAR 2016 NET PROFIT RM115M IS REASONABLY GOOD. EARNINGS VISIBILITY IS
GOOD WITH UNBILLED SALES RM3.2B SUPPORTING INCREASING REVENUES AND
PROFITS FOR THE NEXT 10 YEARS AS THE UNBILLED BECOMES BILLED AND RECOGNISED AS INCOMES/PROFITS. ITS LANDBANK ESPECIALLY IN PRIME LOCATIONS IN KL AND PJ WILL CONTINUES TO RECEIVE GOOD SALES. IN TOTAL IT HAD BEEN ASSESSED BY ANALYSTS THAT ITS GDV IS WORTH RM50Bs WHEN FULLY DEVELOPED..

* ALL THESE YEARS TROP HAS BEEN PROFITABLE AND HAS ALWAYS PAID GOOD DIVIDENDS,
LAST YEAR IT PAID A GOOD 7 SEN, ONE OF THE HIGHEST DIVIDEND YIELD STOCKS IN BURSA. FAR EXCEEDING INTEREST RETURNS FROM BANK FIXED DEPOSITS OF 3 TO 4%.

FOR THE YEAR JUST ENDED FYE31/12/2016, IT PAID ITS 1ST INTERIM DIVIDEND OF 2.5 SEN.
WE WILL GET A FINAL DIVIDEND WHICH I ESTIMATED TO BE ABOUT 4.87 SEN (MAKING A TOTAL OF 7.37 SEN WHICH I HAD COMPUTED IN MY EARLIER POSTING)

TROPICANA HAS ALWAYS PAID A FINAL DIVIDEND AND IT WILL DECLARE IT SOON WHEN IT ANNOUNCE ITS DATE FOR ITS AGM IN THE FEW WEEKS.

THIS FINAL DIVIDEND IS FORTHCOMING AS IT CAN AFFORD IT, MAKING GOOD PROFITS AND ALREADY HAS 20.1M TREASURY SHARES FOR FREE DISTRIBUTION.

REMINDED ME OF ONE OF THE FAVOURITE OLDIES SONG
"the great pretender" BY THE PLATTERS.
THAT'S ME. PRETENDING TO BE A "SIFU"

SIMPLE CONCLUSION AND THE ONLY ONE CONCLUSION.

ITS A CON GAME AND MANY GOT CONNED, LINE, HOOK AND SINKER.

JUST TO MAKE A JOKE. IN A JOVIAL MOOD NOW. LIKELY BEING CHEERED UP BY THE PROMISING PROSPECT OF A NEAR TERM FINAL DIVIDEND TO BE DECLARED WHEN THEY ANNOUNCE ITS AGM DATE.
FEELING A BIT TICKLISH WHEN tksw CALLED ME "sifu". I AM JUST A LAYMAN TRYING TO USE SOME FINANCIAL N ECONOMIC JARGON. HA HA HA !!!

Thanks anyway.

TREASURY SHARES AVAILABLE FOR DISTRIBUTION REMAINS AT 20.1M I HAD ALREADY TAKEN INTO ACCOUNT THE INCREASE IN TROP'S CAPITAL BASE DUE TO ITS RECENT DIVIDEND RE-INVESTMENT PROGRAMME (INCREASED FROM 1.448B TO 1.465b SHARES TO ARRIVE AT ITS EQUIVALENT OF 1.37 SEN.

WORTHY TO NOTE THAT MOST PROFIT MAKING LISTED CORPORATIONS WILL ALWAYS GIVE A FINAL DIVIDEND FOLLOWING ITS FULL YEAR RESULTS. PURSUANT TO LISTING RULES ALL LISTED ENTITIES MUST CALL AN AGM TO APPROVE ITS COMPLETED YEAR'S ACCOUNTS INCLUDING ITS FINAL DIVIDEND DECLARED.

TROP HAS BEEN CONSISTENTLY MADE PROFITS EVERY YEAR AND HAS ALWAYS PAID ITS FINAL DIVIDENDS. HENCE I AM VERY OPTIMISTIC TO RECEIVE ANOTHER 4.87 SEN IN FINAL DIVIDENDS (COMPRISING TREASURY SHARES WORTH 1.37 PLUS A CASH D OF 3.5 SEN MAKING A TOTAL OF 7.37 SEN OR A DIVIDEND YIELD OF 7.48%)

AN ANNOUNCEMENT SETTING THE DATE FOR ITS AGM AND ANNOUNCING ITS FINAL DIVIDENDS WILL BE MADE SOON.

GALANT. EXPECT BETTER INVESTORS SUPPORT FROM NOW TO NEXT AGM DATE TO APPROVE ITS CORPORATE AGENDA ( INCLUDING THE FINAL DIVIDEND TO BE ANNOUNCED TOGETHER WITH ITS CIRCULAR NOTICE FOR ITS AGM)

EXPECTATIONS OF A GOOD FINAL DIVIDEND PLUS OTHER POSITIVE CATALYSTS LIKE NEWS ON ITS ICONIC/LANDMARK PROJECT IN JLN BUKIT BINTANG, WILL SPUR BUYING INTO TROP SHARES. HENCE TROP SHARE PRICE WILL LIKELY STRENGTHEN INTO A STEADY UPTREND DURING THE 1Q AND 2Q OF THIS YEAR.

AGREED IPO ENTITLEMENT UNCERTAIN ON RATIO. ACTUAL ALLOYMENT MAY NOT
BE ATTRACTIVE. MOREOVER MOST OF THE BIG GUNS WHO WISH TO APPLY FOR
ECOWLD I SHARES VIA ENYITLEMENTS HAD ALREADY BOUGHT BY NOW. HENCE
DEMAND FOR ECOWLD SHARES LIKELY TO WEAKEN FURTHER NEXT FEW DAYS ESP
AFTER EX RNTITLEMENT DATE. MORE PROFIT TAKING SELLING PRESSURR EXPECTED

4Q RESULTS COULD HAVE BEEN BETTER IF ALL THE EXPECTED CAPITAL GAINS DERIVED FROM DISPOSALS OF NON CORE ASSETS WERE FULLY CAPTURED IN ITS ACCOUNTS.
WITHOUT THE BENEFIT OF DETAILED INFO ON ITS ACCOUNTING TREATMENT FOR SUCH DISPOSALS OUR PREDICTIONS WERE SLIGHTLY INACCURATE.
BUT OVERALL ITS 4Q AND FULL YEAR PROFITS WERE STILL GOOD

IN TROP U CAN ALWAYS RELY ON ITS SOUND FUNDAMENTALS AND HIGH DIVIDEND YIELDS TO PROTECT YOUR INVESTMENT AND STILL GIVES U A REASONABLY GOOD FINANCIAL RETURNS OF 7% OR MORE. ON SEVERAL OCCASIONS WAS ABLE TO REAP CAPITAL GAINS WHEN ITS SHARE PRICES WENT UP TO 1.18 TO 1.20 LAST YEAR. IN ADDITION ALSO RECEIVED CASH PLUS TREASURY DIVIDENDS TOTALLING 7 SEN GIVING DIVIDEND YIELDS OF 7 TO 7.5 % RETURNS.
TOTAL GAINS WERE PRETTY GOOD (ALTO NOT SPECTACULAR, WE DO NOT FACE MUCH MARKET RISKS)
FOR FYE2016 IT PRODUCED A COMMENDABLE SET OF RESULTS (DESPITE HEADWINDS IN THE CURRENT PROPERTY MARKETS)
MEANWHILE HOLDING TIGHT TO WAIT FOR ITS COMING AGM WHEREIN IT WILL ANNOUNCE ITS FINAL DIVIDENDS AS PART OF ITS AGENDA TO BE APPROVED.
I BELIEVE I WILL CONTINUE TO RECEIVE ABOVE 7 SEN(7.73 SEN AS ENVISAGED ABOVE POSTING YESTERDAY) OR A GOOD 7.48% DIVIDEND YIELD.

HIGH DIVIDENDS ARE PRECIOUS IN SHARE INVESTMENTS.
IT BENEFITS ALL INVESTOR, BOTH MAJOR SHAREHOLDERS AND MINORITY SHAREHOLDERS LIKE ME.

CHEERS

PER BURSA ANNOUNCEMENTS, ESSOS WERE ISSUED TO STAFF FOR AS LOW AS ONLY 10 SEN. !!!

fishing_leg Back to basic, count share and price, get a bottom line. Do homework. When l see many esos, already feel something wrong and ppl laugh, but, l have good intention. This is place share share info. Not attack ppl
27/02/2017 17:20

I AM NEW TO RGB. WAS CONSIDERING BUYING AT MUCH HIGHER PRICES THEN BUT HELD BACK AFTER READING YOUR COMMENTS "ISSUANCES OF SO MANY ESOS AT LOW PRICES"
PLUS SOME OTHER COMMENTS ABOUT THE GIVING OF LOTS OF INCENTIVES AND HIGH MANAGEMENT FEES WHILE GIVING ONLY PEANUTS OF 0.003 SEN DIVIDENDS TO MINORITY SHAREHOLDERS " SCARED ME OFF.
ACTUALLY ANY IDEAS HOW LOW ARE THE ESSOS PRICED ? VERY IMPORTANT TO KNOW

IN FACT FOR FY2015 TROP PAID A 1ST INTERIM OF 2 SEN (PART OF TOTAL D OF 7 SEN)
FOR FY 2016 OUR 1ST INTERIM WAS HIGHER AT 2.5 SEN. HENCE OPTIMISTIC OF A REPEAT OF TOTAL D > 7 SEN FOR FYE 31/12/2016

FINAL DIVIDENDS WILL BE ANNOUNCED TOGETHER WITH ITS AGM DATE

THERE WILL ALWAYS BE FINAL DIVIDENDS

SUMMARY OF PROFITS AND DIVIDENDS/ DIVIDEND YIELD
=================================================
PROFITS (2016)
=============
1Q +16.9M
2Q +31.7M
3Q +36.9M
4Q +29.5M
TOTAL PROFITS 115M (EPS 7.87 SEN)
------------------------------------------------------

DIVIDENDS
=========
1ST INTERIM D 2.5 SEN (PAID 24/2/17)

FINAL D ( LIKELY COMPRISING
Treasury Shares 20.1m
equivalent to :- ) 1.37 SEN

PLUS CASH D 3.5 SEN
===========================================
TOTAL DIVIDENDS (EST,) = 7.37 SEN
===========================================

HIGH DIVIDEND YIELD OF 7.48 % (MUCH HIGHER THAN BANK FD AND EPF D)
==============================================================

WITH NTA 2.19 PER SHARE AND A LANDBANK MAINLY IN PRIME LOCATIONS IN SELANGOR AND KL (WITH GDV RM50Bs) AND ITS HIGHLY ATTRACTIVE DIVIDEND YIELDS, TROPICANA SHARES ARE SOLID FOR INVESTMENT. (2015 ALSO PAID TOTAL DIVIDENDS > 7% ).

2015 PAID CASH DIVIDEND OF 5 SEN.
2016 PAID 2 SEN IN LINE WITH REDUCED PROFITS.
2017'S PROFITS WILL BE VERY STRONG WITH EACH QUARTERLY PROFITS REGISTERING GOOD GROWTH:
1Q +4.OM
2Q +6.2M
3Q +10.0M
----------
9M +20.2M (ALREADY DOUBLED THAT OF THE WHOLE YEARS PROFIT FOR 2016)
===================================================================
ESTIMATED 4Q PROFIT +15M

TOTAL EST 2017 PROFITS 35M (EPS 11.3 SEN)

GOOD PROSPECTS FOR ITS DIVIDEND INCREASING BACK UP TO AT LEAST 5 SEN FOR 2017 (HIGH DIVIDEND YIELD OF 6.6% )

THE ABOVE PLUS MORE POSITIVE NEWS ON ITS GOOD SALES OF ITS STAR RESIDENCES OPPOSITE PETRONAS TWIN TOWERS AND ITS SG LONG LANDBANK
CAN SUPPORT ITS SHARE PRICE UP

NTA INCREASED FURTHER TO RM 2.12 PER SHARE

VERY GOOD 3Q PROFITS REPORTED (UP 378 % )

NEMESIS. I SHARE THE SAME VIEW AS YOU. SYMLIFE SHARE PRICE WILL SURGE UPNEXT WEEK BCOS:-
THE UPTRENDS IN BOTH ITS REVENUES AND NET PROFITS ARE EVIDENT IN ITS 1Q & 2Q RESULTS. SUPPORTED BY UNBILLED SALES OF >RM 1 BILLIONS AS THESE BECAME BILLED/RECEIVED AND RECOGNISED IN ITS ACCOUNTS.
HENCE BASED ON ITS HUGE UNBILLED SALES VALUE (WILL HAVE INCREASED FURTHER BY NOW SINCE ITS 2Q CLOSING AS AT 30/9/16) ITS 3Q REVENUES/PROFITS WILL ALSO REGISTER INCREASES WHEN ANNOUNCED LATEST BY TUESDAY 28TH FEB.

I MEAN CURRENT YEAR'S TOTAL NET PROFITS CAN AT LEAST DOUBLE THAT OF LAST YEARS.

GOOD/HIGHER RESULTS/PROFITS FOR 3Q AND 4Q FYE 31/3/17 EXPECTED.

ITS 6 MONTHS NET PROFITS AT RM10.2M HAD ALREADY EQUALLED THE WHOLE OF LAST 12 MONTHS NET PROFITS ALSO AT RM10.2M.

LIKELY THIS CURRENT YEAR'S FULL YEAR'S NET PROFIT CAN DOUBLE OR EVEN EXCEEDS THAT OF LAST YEAR'S. VERY COMMENDABLE BUSINESS PERFORMANCE

ITS PAID UP CAPITAL BASE IS STILL SMALL WITH ONLY 310 MILLION SHARES OF RM1 EACH. HENCE LOTS OF ROOM TO GROW. ITS NTA IS VERY STRONG AT RM2.09 BACKING PER SHARE.

ICON8888 HAS THE CORRECT ATTITUDE BY BEING PROFESSIONAL.
IN INVESTING ITS VERY ESSENTIAL TO FOCUS ON THE FUNDAMENTALS AND FINANCIALS OF THE COMPANY. EG ITS GROWING EPS AND ITS JEWEL IN ITS BUSINESS WHICH INCLUDE ITS SUKE HIGHWAY PROJECT AND ESPECIALLY ITS JOINT VENTURE IPP PROJECT IN VIETNAM IN WHICH ITS EPC FRONT PORTION WORKS ARE PROGRESSING VERY WELL AND HAD ALREADY STARTED TO CONTRIBUTE TO JAK'S REVENUES AND PROFITS (WILL SEE SEQUENTIAL QUARTERLY PROFITS JUMPING UP)

GOOD 3Q PROFIT WILL BE RELEASED SOON.
SEQUENTIAL QUARTERLY PROFIT UPTREND ALREADY SEEN.

REVENUE NET PROFIT
=======================
1Q 47.5M 4.0M

2Q 70.0M 6.2M

3Q (EXPECTED TO BE GOOD/HIGHER)

3Q REVENUE AND PROFIT WILL CONTINUE TO INCREASE BASED ON ITS UNBILLED SALES OF OVER RM1 BILLION (AS SALES REVENUES ARE PROGRESSIVELY RECEIVED AND RECOGNISED). ITS STAR RESIDENCES TOWER 1 AND TOWER 2 WERE CONFIRMED SOLD 95% AND 70% PER ITS 2Q RESULTS REPORTS (AS AT 30/9/16)
(VERY HIGH PROFIT MARGIN PROJECT DUE TO ITS CHEAP LAND COST OF RM500 PSF AND SOLD AT RM1800 PSF). ITS OTHER PROJECTS' SALES ARE ALSO QUITE GOOD DUE TO PRIME LOCATIONS.

SORRY FOR SPELLING ERRORS. WRITING VIA MY MOBILE
N I DONT HAVE MY SPECS WITH ME

AIMING FOR TARGET PRICE 1.88 SET BY SOMR BANK
N BROKERAGES. STRONG GROQTH COMPANY. STRONG
INTERNATIONAL BRAND. CATALYSTS FOR PRICE TO
GO UP INCLUDE GOOD GROFITS TO BE ANNOUNCED
FOR NEXT Q PLUS THE LISTING OF ITS ECOWLD INTERNATIONAL
FOR WHICH TOP BANKER QUEK OF HONG LEONG BANK
WILL SUBSCRIBE 27%

JV AGREEMENT SIGNED SOMETIME LAST YEAR. BUT SINCE
THE CONDITIONS PRECEDENT NEEDED TO BE FULFILLED BEFORE
IT CAN LEGALLY PROCEED. HENCE TROP CANNOT BOOK IN ANY
CAPITAL GAIN EARLIER.IF JV AGREEMEMT IS IMPLEMENTED
NOW, TROP CAN HENCEFORTH BOOK ITS
CAPITAL GAIN NOW.IN ADDITION TROP WILL ALSO BE RECEIVING
THE BALANCE OF SALES PROCEEDS OF ITS BB LAND TO THE
JV (90% OF THE AGREED SALE PRICE

TROPICANA WILL EARN ANOTHER BIG CAPITAL GAIN FROM THE SALE OF ITS BUKIT BINTANG LAND TO THE JOINT VENTURE PROJECT

CORRECT. THE LAND IS OWNED BY TROPICANA AND HAD BEEN SOLD TO THE J/V (WITH A RENOWN FOREIGN PARTNER ) COMPANY FOR THIS PROJECT. VERY PRIME LOCATION. THIS PRESTIGIOUS PROJECT WILL BE CREAM OF ALL THE COMMERCIAL PROJECTS BY TROPICANA. VERY PROFITABLE ONE FOR TROP.

LOTS OF GOOD ANNOUNCEMENTS IN NEXT 2 WEEKS INCLUDING MUCH BETTER 4Q/FULL YEAR PROFITS, LIKELY 2ND INTERIM AND/OR FINAL DIVIDEND PLUS A BIG PROJECTIN A PRIME LOCATION.

ALSO GOT TECHNICAL BUY CALL (WHICH LIKELY TO MATERIALISE SOON (AS VOLUMES HAD SPIKED UP) :-

TRADING IDEAS: TROP (5401)
Author: PublicInvest | Publish date: Tue, 10 Jan 2017, 10:04 AM



Target Price: RM1.13
Last closing price: RM1.02
Potential return: 10.7%
Support: RM1.00
Stop Loss: RM0.98
Possible for bottom fishing. Moving sideways for the past nine months, TROP’s share price is now supported above RM1.00. Both bullish RSI and MACD indicators signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should RM1.08 resistance level be broken, it may continue to lift price higher to the next resistance level of RM1.13.

However, failure to hold at support level of RM1.00 may indicate weakness in the share price and hence, a cut-loss signal

Source: PublicInvest Research - 10 Jan 2017

Jay every price run-up will have consolidation/correction, just like previously went up to 2.60 and corrected to around 2.20. if you are good in timing, then can maximise gains but if not, better just let it run its course. of course this only applies if you think it's a good stock fundamentally
08/02/2017 09:14

AGREED WITH U ON ALWAYS D POSSIBILITY OF CORRECTION N CONSOLIDATION.
ESPECIALLY WHEN WE SEE A BIG SELLER AND HE STILL GOT 78M SHARES TO SELL.
YESTERDAY CLOSING THERE WAS INTENSE SELLING DOWN TO 2.80 TOWARDS THE CLOSE. MAYBE CAN TRY TO WAIT FOR CORRECTION TO BUY SOME. JUST BEING CAREFUL

4Q RESULTS IS TO BE RELEASED IN THE NEXT 1 - 2 WEEKS. TIMELY TO UPDATE N REVISIT ITS FUNDAMENTALS:-
PAE VALUE : RM1
NTA RM2.19
TREASURY SHARES AVAILABLE FOR DISTRIBUTION : 20.1M
QUARTERLY PROFITS (2016):-
1Q 17M
2Q 32M
3Q 37M
(9MONTH TOTAL PROFITS 86M)
4Q ( TO BE RELEASED SOON. UPTREND IN ITS SEQUENTIAL QUARTERLY PROFITS SEEN

4Q WILL DEFINITELY BE MUCH BETTER AS IN ADDITION TO ITS NORMAL PROFITS
DERIVED FROM ITS UNBILLED SALES OF 3.2B ITS 4Q PROFITS WILL INCLUDE
RM83M CAPITAL GAINS FROM SALES OF 3 NON CORE PROPERTIES.
BESIDES BRINGING IN SUCH EXTRA PROFIT GAINS THESE DISPOSALS WILL HAVE
REDUCED ITS GEARING FURTHER AND ENHANCE ITS FREE CASH FLOWS WHICH
WILL ENABLE IT TO PAY MORE DIVIDENDS. LAST YEAR PAID A GOOD TOTAL 7 SEN.
(2 INTERIMS PLUS 1 FINAL).
THIS YEAR SO FAR PAYING 2.5 SEN AS 1ST INTERIM ON THIS 28TH.
WITH RISING PROFITS AND REDUCED GEARINGS THE PROSPECTS ARE GOOD FOR
ANOTHER INTERIM AND/OR A FINAL DIVIDENDS (EITHER OF WHICH CAN INCLUDE
A FREE DISTRIBUTION OF TREASURY SHARES) VERY SOON.)

VALID REASONS TO BE OPTIMISTIC

HAPPY CNY

BUT IT IS IN TODAY'S NEWS.

Saudi Aramco shelves plans for Malaysia venture with Petronas: sources
Publish date: Wed, 25 Jan 2017, 10:44 PM
KUWAIT: Saudi Aramco has shelved plans for a multi-billion-dollar refining and petrochemical joint venture with Petronas in Malaysia, industry sources familiar with the matter told Reuters on today.

The Refinery and Petrochemical Integrated Development (RAPID) at Pengerang in Johor was to have had a 300,000-barrel-per-day refinery and petrochemical complex with a chemical output capacity of 7.7 million metric tonnes.

Other facilities at the site, which was to have started operations in the first quarter of 2019, were to have included a liquefied natural gas (LNG) regasification terminal.

The sources did not say why Aramco's participation on the project had been put on hold. Aramco and Petronas officials could not be reached for immediate comment.

Petronas last year sought proposals for a US$7.2 billion loan for the project, with separate guarantees from the company and Aramco, Thomson Reuters IFR reported in June.

Energy companies have seen their finances squeezed by a two-year slump in global oil prices, prompting many to cut costs.

In early 2016, Petronas said it would cut spending by up to RM50bil over the next four years. -- Reuters

NEWS ARAMO SAUDI OIL TO CANCEL J/V IN RAPID OIL N GAS PROJECT.
CONTRACTORS ARE GOING TO BE AFFECTED.
WHAT ABOUT GADANG N KNM ? HOW NOW?

TROP PAID INTERIMS AND FINAL DIVIDENDS TOTALLING 7 SEN LAST YEAR. ITS A FACT.
FOR FYE31/12/2016 ITS FUNDAMENTALS ARE MUCH STRONGER AFTER A LOT OF DISPOSALS OF BIG VALUE NON-CORE ASSETS AND HAD REGISTERED INCREASING SEQUENTIAL QUARTERLY PROFITS. UNBILLED SALES RM3B WITH ONGOING PROJECTS STILL SELLING WELL AIDED BY THEIR PRIME LOCATIONS DESPITE THE CHALLENGING PROPERTY MARKET. GEARING IS ALSO VERY MUCH BETTER AFTER REDUCING FROM 0.77x to ONLY 0.30x.
WE ARE OPTIMISTIC

ANOTHER DIVIDEND ANNOUNCEMENT COMING NEXT MONTH, EITHER A 2ND INTERIM OR A FINAL DIVIDEND.WHEN ITS 4Q/FULL YEAR RESULTS/PROFITS ARE RELEASED

Read "1st Interim Dividend ....." implying more Dividends to come .
Like last year paid interims n final D totalling 7 sen
This year with increasing sequential quarterly profits n a stronger Balance Sheet
we can get higher Dividends espcially when bumper 4Q profits are announced next month
We wish to express our appreciation to Directors n Management for doing a commendable job
in a challengeable market environment. Thank You.

APOLOGIES FOR TYPO ERRORS. DID NOT USE MY SPECS

ADVANTAGEOUS TO OPT FOR DIVIDEND REINVESYMENT
OPTION BCOS IT IS BASED ON ONLY RM1.00 COMPARED
TO MARKET PRICE OF1.03.
NEXT NEAR TERM CATALYSTS INCLUDE VERY GOOD 4Q/FULL YEAR
PROFITS N A HIGH FINAL DIVIDEND (LIKELY TO BE A COMPOSITE
OF ANOTHER CASH + TREASURY SHARES (IT ALSO GOT ALMOST
20 MILLIONS SHARES TREADURY SHARES IN HAND PLUS
RM1 BILLION CASH IN ITS BALANCE SHEET.
GOOD LUCK TO ALL

DONT UNDERSTAND SUCH GIBBERISH

I THINK U MAY BE RIGHT. NOTED THAT THERE WAS NO REJECTION BY EITHER PARTY. JUST BANK NEGARA APPROVAL FOR MERGER TALKS HAD LAPSED DUE TO TIME CONSTRAINT. HOPEFULLY THEY CAN ASK FOR TIME EXTENSION TO CONTINUE NEGOTIATIONS.

Daiwa Securities to buy a minority stake in Affin failed to materialise.
How now?

NO ISSUES HERE
ALL ARE ENTITLED TO THEIR RESPECTIVE
OPINIONS N JUDGEMENTS OR STRATEGIES.
BUT THERE NO ULTERIOR MOTIVES IN JUST
HIGHLIGHTING THE FUNDAMENTAL FACTS BASED
PUBLISHED FINANCIAL STATEMENTS N OFFICIAL
ANNOUNCEMENTS.
MOREOVER NO ONE CAN BE SURE HOW SHARE PRICES MOVE.
GOOD LUCK TO ALL INVESTORS . ALL N SUNDRY

ALREADY ACCUMULATED TREASURY SHARES 20,096,035
AVAILABLE TO BE DISTRIBUTED

NOTED FROM ITS BALANCE SHEET GOT CASH IN HAND RM1 Billion as at 30/9/16
plus increasing quarterly profits plus much lower gearing = ability to pay good dividends.
A UNIVERSAL POSITIVE ON DIVIDENDS. IT BENEFITS ALL. BOTH MAJOR AND ORDINARY SHARE HOLDERS

MY FIGURE FOR CAPITAL GAINS RM 85.1M FOR FY2016 WAS CORRECT AS IT COMPRISED SALES OF 4 PROPERTIES (of which d Pudu property is just one of them.) I WAS REFERRING TO CAPITAL GAINS. NOT THEIR SALES VALUES WHICH WERE MUCH HIGHER. EG D SALE OF D ONE TO KENANGA INVESTMENT BANK WAS RM140M. (plse refer to the 4 properties sales details in my post on 5/12/16)
IN ADDITION to RM85.1m CAPITAL GAIN WHICH WILL BOOST UP 2016 PROFITS, THE NET SALES PROCEEDS OF RM313M (after settling related bank loans) will increase TROP'S FREE CASH FLOWS WHICH AUGERS WELL FOR HIGHER DIVIDENDS.

With d above announcement confirming the completion of d sale on 31/12/16, a summarised review n update is timely:-
A strong set of results for 2016 is very likely based on
. rising sequential quarterly profits had been seen
( 1Q 16m. 2Q 33m. 3Q 37m. 4Q expected to be higher due to asset disposals as detailed on 4/12/16.
( re-summarised here: Total capit gain 85.1m. Total net cash proceeds 313m)
These financial data plus its unbilled sales of 2.6b are indicative of very good/bumper 4Q profits.
Full year profits for 2016 should be excellent.

Will be getti.g our Interim Dividend 2.5 sen soon.
With expected 4Q/full yr profits to b very good, we should be getting a higher FINAL DIVIDEND.

LAST YEAR PAID DIVIDEND 7 SEN.

THIS YEAR LIKELY TO BE 7.388 SEN
(interim 2.5 sen plus final 4.838 sen comprising cash D 3.5 sen and Treasury shares 1.338/100)

(JUST MY ESTIMATE. HOPE MY WISH WILL COME TRUE IN FEBRUARY 2017.

HAPPY NEW YEAR TO ll