Actually latest 3Q results were quite good.
Strong revenue growth of RM1,134M (more than doubled the RM551M of corresponding 3Q of last year).
Current YTD 9MTH net profit of RM77m was in fact better than the previous corresponding 9MTH of RM66M (after excluding its one-off disposal gain of RM44.4M received for last year)
Going forward future results/profits will be very strong especially with the announced Govt takeover of its Eastern Dispersal Link (EDL Toll Concession)for a total of RM2.75B (inclusive of absorbing its RM1B sukuk loan) plus its many Transport Hubs (Transit Oriented Developments (TOD worth RM50B).
MRCB is EPF controlled and a GLC)

Must remind myself.
The trend is your best friend. Never go against it.
Property Sector downgraded due to general weak property market with sentiments aggravated significantly by BNM Reports and all the Gurus's / Negative analysis causing much fears resulting in the bearish trend engulfing most property counters.

Will also negatively impact banking stocks due to its linkages to the latters' loan portfolios for property financing both in its lending business volumes as well as its risks of higher provisions for impairments especially with the impending implementation of MFRS9

Must remind myself.
The trend is your best friend. Never go against it.
Property Sector downgraded due to general weak property market with sentiments aggravated significantly by BNM Reports and all the Gurus's / Negative analysis causing much fears resulting in the bearish trend engulfing most property counters.

Will also negatively impact banking stocks due to its linkages to the latters' loan portfolios for property financing both in its lending business volumes as well as its risks of higher provisions for impairments especially with the impending implementation of MFRS9

Must remind myself.
The trend is your best friend. Never go against it.
Property Sector downgraded due to general weak property market with sentiments aggravated significantly by BNM Reports and all the Gurus's / Negative analysis causing much fears resulting in the bearish trend engulfing most property counters.

The coming implementation of MFRS 9 will hit banks hard with higher provisions for doubtful loans,
Significantly larger impairment provisions will result in lower profits and reduced dividends.
Some banks with poorer quality loan portfolios will be hit harder. Includes Affin Bank.
Already evident in its last 2 quarterly results with higher impairments due to its R & Rs (Loan Restructuring & Rescheduling) . Going forward such impairments can worsen based on the more stringent impairment procedures/conditions under MFRS 9

Shit. The speculated plan to merge with Sime Darby Property FAILED. Sime announced proceeding with its own IPO to list its Property arm and distribute ALL its property shares to Sime Darby shareholders.
Of course Sime NTA will be adjusted down. And its future profits will also be reduced after floating its property arm.
The talked about merger with Ecowld will ALSO GONE N NO MORE

UNCERTAINTIES IN ITS PROSPECTS/OUTLOOK
=======================================
1) 1Q PROFIT OF RM3.6M WAS 54% LOWER COMPARED TO ITS PRECEDING Q (4Q )
2) EcoFirst Consolidated Bhd has been charged by the Inland Revenue Board of some RM35.5 mln in additional tax and penalty. The latter had raised additional income tax assessment amounting to RM30.7 mln for its unit Pujian Development Sdn Bhd (PDSB) for assessment year 2004.
The amount involved is large

Mojigoh was part of a bipartisan Malaysian parliamentary committee to speak to the European Parliament in Brussels recently.

He however said he believed the resolution would be pushed through despite the delegation’s lengthy explanation about Malaysia’s palm oil industry.

KOTA KINABALU: The future of Malaysia’s palm oil industry is at stake as Members of the European Parliament (MEPs) gear up to ratify the proposed resolution to ban importation of palm oil into the European Union (EU) next month.

According to the vice-president of the Asia-Pacific Parliamentarians’ Conference on Environment and Development (APPCED), Marcus Mojigoh, the country could lose as much as RM10 billion in exports, making up 15% of its total exports, if the resolution is passed.

More recently, the European Parliament also voted to introduce a single certification scheme for palm oil entering the EU market, apart from phasing out the use of palm oil biodiesel by 2020.

The majority of Malaysia’s palm oil exported into the EU is used for biodiesel.

After India, the EU is Malaysia’s second-largest export market, accounting for 2,059,207 tonnes of palm oil products in 2016, according to Malaysian Palm Oil Board data.

4Q PROFITS AT RM7.8M WAS VERY GOOD (AGST PRECEDING CORRESPONDING Q OF ONLY RM0.57M).
POSITIVE PROFIT GROWTH MOMEMTUM MEANS THE 1Q PROFIT TO BE ANNOUNCED SOON WILL BE GOOD.

Likely the next 2nd interim Dividend will be a combined free Treasury shares plus a 1 sen cash D to make it another 2 sen equivalent.

1H PROFIT UP 84%.
3Q PROFITS WILL BE GOOD.
WILL GIVE 2ND INTERIM DIVIDEND. ALREADY ACCUMULATED
6,167M TREASURY SHARES . WILL CONTINUE TO ACCUMULATE MORE.
EXPECT DISTRIBUTION OF FREE TREASURY SHARES (PLUS A 1SEN CASH DIVIDEND)
SUPPORTED BY GOOD PROFITS

As always some will be more successful than
others. So many factors in play. Main thing the opportunities are greater

CONFIRMED KNOW A SENIOR EXECUTIVE IN AMP AU. MANY IT QUALIFIED PERSONNEL
FROM INDIAN NATIONALS N OTHERS FROM
MALAYSIA N SPORE
WORKING WITH PROFESSIONAL WORK PASSES.
LATEST MIGRATION WAVE BY PERSONS OF INDIAN DESCENT TO AU. VIBRANT ECONOMY
GREAT OPPORTUNITIES.

JUST LIKE ALL BANKS , MBSB BEING A LICENSED FINANCIAL INSTITUTION, WILL ALSO BE GREATLY AFFECTED BY THE ENFORCEMENT OF MFRS 9 THE NEW BNM GUIDELINES GOVERNING THE PROVISIONINGS FOR LOANS IMPAIRMENTS. MUCH MORE STRINGENT STANDARDS WHICH WILL SIGNIFICANTLY HIT ALL BANKS N FINANCE COMPANIES

OBSREVED DURING OUR FLIGHT TO SYDNEY. THE PLANE WAS 50% FILLED WITH INDIAN FAMILIES. DURING OUR SUBSEQUENT VISITS TO VARIOUS TOURIST SPOTS IN N AROUND SYDNEY WE ALSO MET LOTS OF INDIANS. UPON ENQUIRIES THERE IS NOW A GROWING TREND AMONG INDIANS EITHER FROM INDIA MOTHERLAND OR MALAYSIA OR SPORE TO MIGRATE TO AU. THEY WILL SEND THEIR CHILDREN TO STUDY IN AU UNIVERSITIES. THRN STAY ON FOR EMPLOYMENT. GET PR N THEN BRING THEIR WHOLE FAMILIES TO MIGRATE TO AU. OR THEIR PROFESSIONALLY QUALIFIED CHILDREN GETS WORK PASS TO WORK IN AU FIRST THEN GET PR N LATER MOVE OVER THEIR FAMILIES. LOTS OF INDIAN I.T. PROFESSIONALS

CALLING FROM SYDNEY AU. IN THE MIDST Of MY 3 WEEK HOLIDAYS IN AUSTRALIA. BEAUTIFUL N VIBRANT COUNTRY.
MAYBE CAN SHARE MORE OF MY OPINIONS ON AFFIN NEXT WEEK

DO NOT MATTER WHAT U THINK OF ME. YOUR OPINION IS NOT IMPORTANT TO ME.
I USUALLY DO NOT STOOP LOW TO PASS COMMENTS ON OTHER WRITERS.
I WILL JUST GIVE MY VIEWS AFTER GETTING NEW OR THE LATEST MARKET INFO.
MFRS 9 POSE REAL RISKS TO BANK SHARES
I AM SPEAKING FACTS. HENCE NOT JUST IMAGERY SCARE TACTICS.

ALSO WHEN PROFITS ARE DEPRESSED IT WILL MEAN LOWER DIVIDENDS PAYOUTS.
THAT'S THE NEW REALITY WE HAVE TO ADJUST TO WHEN CONSIDERING INVESTING IN THE BANKING AND FINANCIAL SHARES.
JUST SPEAKING FOR MYSELF AND MY LIKE-MINDED INVESTORS. THE OTHER GUYS ARE AT LIBERTY TO THINK AND REACT DIFFERENTLY

MFRS 9 IS GOING TO SERIOUSLY HIT ALL BANKS AND FINANCIAL ENTITIES'S COMING QUARTERLY PROFITS AS LOAN LOSS IMPAIRMENTS WILL JUMP UP. INVESTORS JUST CANNOT IGNORE THIS SIGNIFICANT NEGATIVE IMPACT ON THEIR FUTURE PROFITS

NO ONE CAN BE SURE THAT HIS SELECTION OF THE VARIOUS PRICE TARGETS IS RIGHT OR WRONG. BASICALLY IT BOILS DOWN TO CONSIDERATION OF FUNDAMENTALS, TIMING , GUT FEELING, AND ONE'S LUCK. MY FIRST ENTRY INTO AFFIN WAS WHEN ITS TRADING AROUND 2.25/2.28. EXITED AROUND 2.88 TO 2.95. FOR MY SECOND ROUND I DID LOOKED AT THE VARIOUS TARGET PRICES . I DECIDED TO AIM FOR UOB KAYHIAN'S 2.50. LUCKY TO ACHIEVE IT AROUND THIS PRICE AND DECIDED TO QUIT AGIN AT ABT 2.66/2.67.
NOTHING GREAT BUT RETURNS WAS OK.

OTHER GUYS CAN SELECT THE HIGHER PRICE TARGETS. I HAVE NO MISGIVINGS. I ALWAYS BELIEVE IN SHARE MARKETS THERE ARE NO SURE BETS. I ALSO HAVE MY SHARE OF MISJUDGEMENTS

HAVE TO BE REALISTIC. MFRS 9 IMPLEMENTATION IS REAL AND ALREADY EFFECTIVE

CORRECT. ALL BANKS WILL HAVE TO REACT
ACCORDINGLY. AFFIN HAD ALREADY SAID THAT
THEY HAVE TO CUT ITS DIVIDENDS.

UOB KAYHIAN'S ANALYSIS WAS PROVEN RIGHT WHEN IT PEGGED AFFIN'S FAIR VALUE AT RM2.50 (WHEN IT WAS AT 2.82. IT ACTUALLY TOUCHED 2.49). IT WAS CORRECT IN POINTING OUT ITS VULNERABILITY TO ITS LOAN IMPAIRMENT RISKS.
NOW WITH THE IMPLEMENTATION OF THE MORE STRINGENT MFRS9, ALL BANKS WILL BE BADLY HIT.
FORTUNATE TO BE ABLE TO FOLLOW UOBKAYHIAN'S N BOUGHT SOME AT 2.50/2.51 AND EXITED AT BETWEEN 2.67 TO 2.68.
SPEAKING ONLY FOR MYSELF I THINK ITS GOING TO BE RISKY TO BUY BANK SHARES NOW WITH THE ENFORCEMENT OF MFRS9.

VERY HIGH DIVIDEND YIELDS OF 9.1% TO 10.2% (MUCH HIGHER THAN BANK FDs)

1H PROFITS AT 89.3M WAS HIGHER BY 83.9%
2) HIGH DIVIDEND YIELD CONTINUES TO BE PAID AND IS SUSTAINABLE.

BETWEEN MAY2015 AND FEB 2016 A TOTAL OF 8.1 SEN (DY OF 8.5%) WAS PAID

FOR 2017 A REPEAT OF ITS VERY HIGH DIVIDENDS AND HIGH DIVIDEND YIELDS IS ON TRACK :-

18-Jan-2017 31-Jan-2017 DIVIDEND First Interim Dividend 2.5%
28-Mar-2017 10-Apr-2017 DIVIDEND_SHARE Second interim dividend 1.2 : 100
21-Aug-2017 first-interim single-tier dividend of 2 sen for the FYE 31 December 2017
(CUM Dividend and PAYABLE SOON )

(YTD Dividends PAID AND PAYABLE IS ALREADY EQUIVALENT TO ABOUT 5.7 SEN PER SHARE)

PROSPECTIVELY A 2ND INTERIM DIVIDEND WILL BE ANNOUNCED THIS COMING NOVEMBER WHEN RELEASING ITS 3Q RESULTS (LIKELY A SHARE DIVIDEND OF 2 FOR 100 based on its active accumulation of Treasury Shares which had reached 4.772m as at 15/9/2107)

WILL BE FOLLOWED BY ITS 3RD INTERIM OR FINAL CASH DIVIDEND TO BE DECLARED COMING FEBUARY WHEN ANNOUNCING ITS 4Q/FULL YEAR RESULTS

ON TRACK TO RECEIVE A TOTAL DIVIDENDS OF BETWEEN 8.5 SEN TO 9.5 SEN (OR DY of 9.1% to 10.2%)

A VERY HIGH DIVIDENDS/DIVIDEND YIELDS PAYING POLICY (ON TOP OF STRONG FUNDAMENTALS AND ROBUST EARNINGS GROWTHS) WILL ATTRACT INSTITUTIONAL FUNDS TO BUY AND INVEST IN TROPICANA SHARES WHICH CAN BOOST ITS SHARE PRICE VALUATIONS

Dividend Reinvestment Scheme already approved by SC last year. Now waiting for Bursa Malaysia Securities Berhad's approval for listing of the additional shares converted from dividend entitlements. Normally a very speedy process

We refer to the announcement made by the Company on 21 August 2017 pertaining to the declaration of a first-interim single-tier dividend of 2 sen per TCB Share for the financial year ending 31 December 2017.

On behalf of the Board of Directors of TCB, TA Securities Holdings Berhad wishes to announce that an additional listing application in respect of the Dividend Reinvestment Scheme has been submitted to Bursa Malaysia Securities Berhad on 15 September 2017.

This announcement is dated 15 September 2017.

YTD (9MTH ) PROFIT +176M OR +76% OVER THE PRECEDING 9MTH WAS STILL GOOD.
FUNDAMENTALLY SOUND CO. WELL MANAGED WITH GOOD BRAND NAME.
ITS SHARE PRICES HAD BEEN HOVERING AROUND CURRENT LEVEL TRADING IN A TIGHT RANGE.
LIKELY TO REMAIN LIKE THIS IN THE NEAR FUTURE.

CURRENT YEAR'S PROFIT PERFORMANCE IS STILL GOOD.

COMPARITIVE PROFITS :
SEQUENTIAL QUARTERS :
2Q + 33.7M
3Q + 26.1M (LOWER ONLY BY 7.6M)

PREVIOUS 9MTHS + 100M
CURRENT 9MTHS + 176M (INCREASED BY 76M OR UP BY 76.1% )

PROFITS GROWTH IS STILL SOLID

SERENA717 'S COMMENTS ON THE DISAPPOINTING MANAGEMENT'S FEEDBACKS ON FUTURE DIVIDEND POLICY IS SIGNIFICANT.

JUST WONDER IF THE NEGATIVE INDICATION ON SUCH DIVIDEND POLICY WAS DUE TO THE NEGATIVE SURPRISE IN OUR DISCOVERY
OF A HUGE BORROWINGS OF RM270M (FROM ALMOST ZERO DEBT) SURFACING IN ITS LATEST BALANCE SHEET AS PER LATEST Q RESULTS.
HOW WAS THIS HIGH GEARINGS INCURRED? IMPORTANT TO KNOW AS THIS HIGH GEARING WILL AFFECT ITS FREE CASH FLOWS AND THEREFORE
ITS ABILITY TO MAINTAIN ITS PAST DIVIDENDS

I DID NOT ATTEND. HENCE ASKING THOSE WHO SAID THEY ATTENDED N WERE DISAPPOINTED WITH D BOARD'S COMMENTS ON ITS FUTURE DIVIDEND POLICIES.
HOPE THEY CAN SHARE. NEED TO HAVE AS MANY FEEDBACKS AS MUCH AS POSSIBLE FOR BETTER INFORMED INVESTMENT DECISIONS

serena717 after attend the AGM today, I will slowly sell out my stake. Some even walk out after listen the dividend policies. Guys, keep on bull sh*t won't help, especially with caps letter.
13/09/2017 20:44

Eric Fong How they say about the dividend policy?
13/09/2017 23:10

PLEASE SHARE WHAT U LEARNT FROM THE AGM.

TQ

U MEAN THESE 2 PROJECTS HAD ACTUALLY BEEN DEFERRED FOR 2 YEARS?

ALSO WHAT DO U MEAN BY "UNTRAP" ? U MEAN BETTER TO ESCAPE BY SELLING/EXITING?

2 NEW LAUNCHES WITH TOTAL GDV 710M WITHIN THE NEXT FEW MONTHS WILL CONTRIBUTE POSITIVELY AND ADD TO EARNINGS FOR FYE MARCH 2018.
1ST PHASE FORRESTA IN SRI DAMANSARA WAS A COMPLETE SOLD OUT SUCCESS PROJECT DUE TO ITS STRATEGIC LOCATION NEXT TO MUTIARA DAMANSARA (THE CURVE PJ) AND PERDANA DAMANSARA AND VERY WELL SERVED BY MRT , KTM AND DUKE HIGHWAYS BESIDES TOLL FREE MIDDLE RING ROAD MRR) AND ALSO TOLL FREE ACCESS TO KOTA DAMANSARA, BANDAR UTAMA AND TTDI.
HENCE ITS 2ND PHASE TO BE LAUNCHED COMING NOVEMBER WILL BE ANOTHER BIG SUCCESSFUL PROJECT

2474 ACRES OF FRERHOLD LANDS NEAR TG MALIM OWNED LONG AGO AT BOOK VALUE OF ONLY 0.40 SENS PSF COMPARED TO CURRENT MARKET VALUATION OF RM30 PSF

TYPO ERRORS.
KERLING LANDBANK NEAR TG MALIM JUST 1 HOURS DRIVE NORTH OF K.L. IS ACTUALLY 2,474 ACRES

THE LAST TIME WE ESTIMATED ITS CASH BACKING PER SHARE WAS 16 SEN PER SHARE.
WITH 300,000 ACRES OF LANDBANK COMPRISING SOME WHICH WERE OWNED AT VERY LOW COST (EG 274 ACRES OF FREEHOLD LAND IN KERLING CLOSE TO TG MALIM TOWN CENTRE HAS A BOOK VALUE IF ONLY 0.40 SEN PSF VS CURRENT MARKET VALUE OF 3.00).
MANY OTHER LANDS ARE ALSO OWNED AT LOW COSTS INCLUDING THAT PRESENTLY USED AS A CLUBHOUSE WITH GOLF DRIVING RANGE. THIS IS TO BE REDEVELOPED INTO A PRIME COMMERCIAL/SERVICE APARTMENT COMPLEX. ALSO OWNS LOW COST LANDS IN SENAWANG AND PENANG. HENCE LOTS OF HIDDEN VALUES IN ITS 300,000 ACRES LANDBANKS. THEIR DEVTS WILL GENERATE BIG FUTURE PROFITS. GROWING PROFITS PLUS CASH BACKING PER SHARE OF 16 SEN = CONTINUITY IN 2 SEN DIVIDEND POLICY WHICH WERE PAID CONSISTENTLY FOR THE PAST 5 YEARS.
BIG SHAREHOLDERS ALSO BENEFIT FROM GOOD DIVIDENDS. SELF INTEREST FOR THEM TO CONTINUE

THE FACT THAT ITS MAIN SHAREHOLDERS, MAYLAND HK, HAD PURCHASED 3.8M MORE SHARES AT 0.225 FROM THE OPEN MARKET HAS MANY POSITIVE IMPLICATIONS ESPECIALLY POINTING TO ITS STRONG FUNDAMENTALS AND ITS GOOD GROWTH PROSPECTS

L&G to launch RM710m GDV worth of projects in FY18
Neily Syafiqah Eusoff
/
theedgemarkets.com

September 13, 2017 15:02 pm MYT

-A+A
PETALING JAYA (Sept 13): Property developer Land & General Bhd plans to launch two projects with an estimated gross development value (GDV) of RM710 million in its financial year ending March 31, 2018 (FY18).

Its managing director Low Gay Teck said the group is confident the property market will show resilience and probably realise positive profit from to-be-launched projects.

He also said that at ground level, the interest from buyers side has improved from last year.

"Of course there is no doubt that it (property market) is not as buoyant as three years ago, but it has improved from last year in terms of the interest from potential buyers and lock in sales that we are achieving from our Astoria project," he told reporters after the group annual general meeting today.

The launches are the first phase of the township project Sena Parc in Senawang, Seremban which comprises 453 units of double-storey linked houses at an estimated GDV of RM230 million.

"We will be launching this pipeline project by November this year," Low said, adding the group is waiting for final approvals from the relevant authority to launch it.

Additionally, the group will also be launching its second phase of Damansara condominium known as Seresta at Bandar Sri Damansara in February next year.

"That's (Seresta) the second phase of our completed Damansara Foresta," Low said.

He said the Seresta project comprises two towers with a total of 452 units. The estimated GDV for the entire Seresta project is RM480 million.

Currently, the group's existing land banks stands at 3,000 acres.

"We are confident that other opportunities for well-priced land banks will arise and remain on the lookout for such opportunities," Low said.

At midday break today, L&G shares rose 2.27% or 0.5 to 22.5 sen, with 1.50 million shares traded for a market capitalisation of RM659.02 million.

1H RESULTS WERE GOOD WITH PROFITS UP 171% TO 150M.
COMING 3Q PROFITS WILL BE BETTER AND THIS WILL PROPEL ITS SHARE PRICES TO 1.70 TO 1.80 LEVELS. COMING FAST

I THINK U MAY BE RIGHT. MAIN SHAREHOLDER MAYLAND HK INCREASING ITS STAKES HAVE MANY POSITIVE INDICATIONS FOR L&G

Re: www.theindependent sg

Geely feeling the pain of the 49.9% deal at Proton
September 10, 2017
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Photo Credit: www.carshowroom.com.au
Zhejiang Geely Holdings Group that inked a definitive agreement under which it acquired a 49.9% stake in Malaysia’s national car manufacturer for RM460.3 million – a peanut amount indeed – is facing growing pains at Proton.
Sources revealed the Chinese automaker is now feeling the difficulties of being a minority partner – since the 49.9% does not make it a majority partner – in the Malaysian company.
The source

WILL THIS AFFECT ITS PLAN TO SET UP A NEW PROTON CITY PLANT IN TG MALIM ?
IF SO THEN TG MALIM WILL NOT BECOME A BOOM TOWN AND THE EXPECTED INCREASE IN LAND VALUES MAY NOT HAPPEN WHICH IS A NEGATIVE FOR L&G'S 274 ACRES LAND IN KERLING NEAR TG MALIM

(Disclaimer: just to share market news available in the public domain. it NOT a buy or sell call on any share counters)

BNM UNLIKELY TO RAISE INTEREST RATE . ECONOMY DOING WELL WITH INCREASING GDP GROWTH COMBINED WITH DECLINING INFLATION . BNM CALLED THIS OUR ECONOMY IS NOW IN A "SWEET SPOT".. HENCE BNM HAS WILL MAINTAIN ITS INTEREST REGIME. MAY EVEN LOWER IT TO BOOST OUR ECONOMY FURTHER

WHAT IS NEEDED IS GREATER INVESTORS SUPPORT IN HIGHLIGHTING TROPICANA'S ATTRACTIVENESS AS A VERY HIGH DIVIDEND YIELDING STOCK WITH A BIG MARGIN OF SAFETY (NTA 2.21) BASED ON GOOD FUNDAMENTALS

STRONG FUNDAMENTALS PLUS GOOD EARNINGS WHEN COMBINED WITH HIGH DIVIDENDS (PROSPECTIVE DY 9.5%) CAN ATTRACT INSTITUTIONAL INVESTORS LIKE KWAP (GOVT PENSION FUNDS) EPF AND FOREIGN FUNDS) WHICH LIKE HIGH DIVIDEND INCOMES WITH MARKET SAFETY.
WE CAN ACHIEVE BOTH CAPITAL APPRECIATION (RISING SHARE PRICES ) AND HIGH DIVIDEND INCOMES .

Sunday, 10 September 2017 | MYT 12:00 AM
High dividend stocks may find favour as market headwinds abound

Read more at http://www.thestar.com.my/business/business-news/2017/09/10/high-dividend-stocks-may-find-favour-as-market-headwinds-abound/#S1QoFG7vjCxSfWeT.99

STOCK HEADWINDS

As investors weigh increasing risks for equities, including stretched valuations in what is typically a difficult period for stocks, the high dividend payers may be a safer play in a market that could be primed for a pullback

1)CURRENT SHARE PRICE AT 0.945/0.95 GETTING TOO CHEAP TO BE IGNORED.
STRONG FUNDAMENTALS AND GETTING STRONGER WITH HIGHER REVENUES AND PROFITS ACHIEVED EVERY QUARTER.
1H PROFITS AT 89.3M WAS HIGHER BY 83.9%
2) HIGH DIVIDEND YIELD CONTINUES TO BE PAID AND IS SUSTAINABLE.
BETWEEN MAY2015 AND FEB 2016 A TOTAL OF 8.1 SEN (DY OF 8.5%) WAS PAID

19-Feb-2016 03-Mar-2016 DIVIDEND Interim Dividend RM 0.0200 Dividend Detail
26-Nov-2015 09-Dec-2015 DIVIDEND Interim Dividend RM 0.0500 Dividend Detail
11-May-2015 23-Jun-2015 DIVIDEND_SHARE Final Dividend 1 : 100

FOR 2017 A REPEAT OF ITS VERY HIGH DIVIDENDS AND HIGH DIVIDEND YIELDS IS ON:

28-Mar-2017 10-Apr-2017 DIVIDEND_SHARE Second interim dividend 1.2 : 100
18-Jan-2017 31-Jan-2017 DIVIDEND First Interim Dividend (with Dividend Re-Investment Plan) 2.5%

The Board of Directors of Tropicana is pleased to declare a first interim single-tier dividend of 2 sen per ordinary share in Tropicana (“Tropicana Shares”) for the financial year ending 31 December 2017 (“Interim Dividend”

TO DATE INCLUDING THIS 2 SEN CASH D PAYABLE SOON IS ALREADY 5.7 SEN (DY 6%).

WE CAN EXPECT A 2ND INTERIM AND A 3RD INTERIM(OR A FINAL D) DIVIDENDS TO BE DECLARED IN 2017 IN VIEW OF ITS INCREASING REVENUES AND PROFITS THIS YEAR.

A TOTAL DIVIDEND PAYOUT OF 9 SEN (DY OF 9.5%) IS ON THE CARDS MAKING TROPICANA ONE OF THE HIGHEST DIVIDENDS/DIVIDEND YIELDS STOCK IN BURSA