At this rate share price will breach 80 cents soon. Once it touches 75 cents would have lost about 50 percent on this stupid stock. Shows how stupid Danny is in managing his share price. Exactly like his brother Vincent in share price performance.

Danny can only wiggle so much before breaching public spread. Dont know how long he can do this for. He really should focus on fundamentals and improving earnings previously. All these selling to proxies and getting tropicana to do share buy back is not going to improve share price. Range bound between RM 0.90 - RM 0.80 for the time being.

ahbeng you are right. Shareholder is disposing shares so that Tropicana can buy back to support share price. I believe the major shareholder is having a tough time supporting share price. That is why he disposes to market and have share buy back to prevent breach of public spread. Should be able to see this trend for next few months.

Confirmed from bankers that Tropicana will be going into the fruit business. Changing their core business from property to fruits sector.

At the rate they keep doing share buyback surely will breach public spread soon.
I wonder if Danny can prop up the share price?
My entry price was RM 1.49. Looks like my investment is 50 percent gone liao.

A friend mentioned that Tropicana is going into the fruit plantation business. Hope that they are wrong. Will check with bankers if its true.
Trop has really turned into a rubbish company with the new set of management.

Confirmed Danny is a con man. He sold shares to proxy so can make public spread. With public spread settled now he is supporting share price using another proxy. Rinse & repeat. Ask your broker to check.

Can confirm this guy is joining Tropicana. He left Hap Seng to join Lion Group.
He just resigned from Lion and is now joining Tropicana. Banker told me that he was asked to leave by Tan Sri William Cheng personally for being incompetent and could not even finish his probation period.
A professional katak jumping from job to job. Don’t think he will last long in Tropicana.
This is how kataks make their money. Same in politics as well as corporate.

Ridiculously overpaid with no track record to justify the package below.

marvels new CEO package:

Alex Yeow Wai Siaw
BB-30-01
10 Mont Kiara
Jalan Kiara 1
50480 KL

hp: +6019-333-2022
ic: 650202-02-5463

monthly:
Salary: RM 190000
Car Allowance: RM 16000
Holiday Allowance: RM 150000

cheng swee swee pang nui nui
13/04/2018 15:55

Just find out the proxies they were disposed to and you can link it back to Danny somehow.

Most likely disposed to friendly party or to proxy - to meet the public spread requirement.

https://www.facebook.com/1216720105005271/photos/pcb.1719064714770805/1719064544770822/?type=3&theater

I rest my case.

Who do you think is behind Tropicana Cenang or Cenang Resort Sdn Bhd?
It would be none other than Danny. Tropicana Corporation Bhd is probably being used as a project manager and marketing agent for his private projects.

Next week should be under 80 sen for sure.

https://www.youtube.com/watch?v=_XLQj6uTGz8

It is very obvious and clear that he is still developing privately. All you have to do is call the sales hotline for Tropicana Cenang. The sales gallery is also open for walk ins at Langkawi island. I am very sure Danny is behind this project thats why its called Tropicana Cenang. The logo is also a 100% match to other Tropicana projects.
If the authorities can be bothered to do some digging they will find out who are behind the proxy shareholders in Cenang Resort Sdn Bhd.

Unfortunately he lied to the market and all the shareholders.
After the restructuring he ventured off to acquire his land banks under his private vehicles with the intention of developing them.
After stepping down and resigning from Tropicana he is now planning to make a comeback to lie to the market and all the shareholders with another round of excuses.
How can anyone believe him after all this? Must be one of Malaysia's greatest lying tycoons.
Who is going to believe him when he owns swathes of land all over the country.
Here is one such example:
http://www.starproperty.my/index.php/articles/property-news/cenang-resort-and-wanda-hotels-resorts-ink-strategic-partnership-for-wanda-realm-resort-langkawi/

https://www.edgeprop.my/content/1283051/gadang-buy-johor-land-danny-tan%E2%80%99s-private-firm-rm149m

https://www.thestar.com.my/business/business-news/2014/03/19/danny-tans-albedo-deal-off/

Danny has too many land banks privately in Johor as well as other states in the country. How can he be running two property companies at the same time ?
When it’s good land bank he always keep for himself, when it’s landbank he can’t afford he makes Tropicana acquire it.
Look back at the Albedo deal he tried to do in Singapore. The amount of land banks he collected privately is enormous. When the time is right he will develop his private projects again and compete against Tropicana. What type of conflict of interest is this? Danny deserves a gold medal when it comes to destroying minority shareholders interests.

I am sure that is one of the reasons why all the professional managers left - they probably had enough of his nonsense and stupidity.

There is no W hotel disposal, they never indicated they are selling the hotel. Also now is not sellers market. There will be compliance with public spread as the difference is v little. The only thing dragging this stock down is Danny interfering with the management and doing all sorts of side deals. Once he comes back to Tropicana this counter is finished just like Berjaya.

This is a rubbish stock. Some bankers informed me that Danny is trying to make a comeback to Tropicana again. He is doing the same thing as his brother. Better dump all your shares now as share price will drop with this news.

They should have close to RM 2.9 billion unbilled sales by now.

Bankers said they already achieved more than RM1.2 billion sales up to date. Take up rates in their projects are strong especially in Klang Valley. Analysts should be rerating soon.

The share price will hit 1.45 due to technical correction and later hit 2.00 as previously mentioned. Institutions already collecting based on fundamentals. Counter is trading at more than 50 percent discount to NTA.

Tropicana is really cheap at the moment. Should accumulate.

It is indeed the best and greatest news for this counter that Danny has resigned and relinquished his position. Finally the management can get back to fundamentals and turn this company around. He has seriously damaged the share price performance of this counter for far too long.

Market should be responding positively to this new development!! TP RM 2.50.

Danny retired same age as brother Vincent Tan.

Big corporate exercise under way. The hint is RM2.00. Get ready to accumulate and don't say I didn't tell you to.

There is a good chance to touch 2.00. Insiders and bankers already starting to accumulate pending some deal completion.

2014 results should be very good. RM2 soon!!!! Stock is super cheap and undervalued!

It will go to RM 2 pending a few more deals coming soon

Counter should be going to above RM 2 after asset announcement

Good news coming soon!

Because the stock now is super cheap

If the owner is trying to press down the price we shouldn't be letting him do that. PE is only at 3 times. The company is completely undervalued even though its got quality assets. Good time to accumulate.

The share price drop is a true reflection of market's sentiment and confidence in its major shareholder. It is sad that we the minority shareholders have to suffer because of his incompetence, ineffectiveness and inability to manage the company. Everyone should object to his reappointment to the board at the next AGM.

Bila Danny dah keluar lepas tu blh masuk.

Tropicana is cheap but not valuable because of Danny. Nonetheless it is cheap from financial and valuation point.

Bankers doing the paperwork for huge corporate exercise - will be close to RM 2.00 share price. Top 3 Malaysian bank

Exactly! Bankers are pitching the M&A route to Tropicana

corporate exercise benefits shareholders if its privatisation or M&A.

Corporate exercise will involve privatising at close to NTA price.

Heard from some bankers that another big corporate exercise is in the brewing

The day Danny resign and retire is the day share price will shoot to upwards like no tomorrow.

He then tries to inject these land banks into Albedo Ltd in Singapore so that Albedo and Tropicana can compete in property development within the same country?

Danny should stop competing his developments amongst themselves and should instead focus on his competitors. No wonder other property counters are trading at a premium and Tropicana is trading a huge discount.

He should resign and retire like his brother so that the share price can rebound and we all can exit this stock!

After injecting land into Tropicana and promising the market not to compete with Tropicana due to conflict of interest. What does Danny do next? He goes around on a shopping spree buying land banks because Tropicana cannot afford to gear up.

Who does Danny think he is trying to screw over minority shareholders?

Share price will never be at par to NTA if the company continues to be under the leadership of Danny. Look at the price performance of shares in the past one year compared to other companies in the property sector. Look at its PE ratio and its discount to NTA. Gearing is highest of all property companies. Operational profit is low and net profit inflated because of land sales.

This counter is another Talam in the making. Danny Tan is the next Chan Ah Chye.

Danny is the captain of a sinking ship. He should take responsibility for the share price performance!

The problem with Tropicana has nothing to do with its land banks, products or people. The biggest problem is its largest shareholder and his credibility.

Post removed.Why?