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2015-12-16 15:09 | Report Abuse
http://www.tropicanacorp.com.my/media-centre/from-the-press/2015/the-edge-7-december-2015-vision-passion-success
No point in blowing his own trumpet when the consistently low share price merely indicates low public confidence in his company.
What a pity and shame as compared to Liew Kee Sin's EcoWorld of which the market capitalization is double of that of Tropicana although Tropicana reported much higher net profits.
Tropicana's brand name is probably hopeless in the investment community.....hardly any research houses bother to cover it in the last few months.....
2015-12-08 21:26 | Report Abuse
Likely the cash-rich GuocoLand Limited will privatize GuocoLand (Malaysia) Bhd at RM2 or below given that the revised NAV per share for the latter was once estimated at RM5.80 by one research house.
2015-12-07 20:31 | Report Abuse
CIMB Research is the best!
2015-12-04 19:57 | Report Abuse
The net book value of the Menara Shell is RM432mil. Minus off the misc fees & capital tax, the disposal is probably going generate an extraordinary gain of RM150 mil for MRCB for FY2016. Research houses do not seem to highlight this positive impact from the proposed disposal...
2015-11-25 23:40 | Report Abuse
Why it chose to recognize more expenses/costs first incurred for Da:men mall which is under construction and pending completion sale to Pavilion Reit???
Couldn't it classify and capitalize such costs first in its balance sheet under property development costs, instead of charging off in the P&L account so fast?
Sigh....
2015-11-25 12:31 | Report Abuse
https://brokingrfs.cimb.com/1dpIVJC1BuuWdJfjxfZT831IM_kFTLjQHnfjMpISV50N34HyzVG27yuiTp1s__e18-UOeWH3X1Qduw2.pdf
If CIMB Research dares to assign such a high TP of 72 sen at the expense of risking its reputation, theoretically this counter should at least climb to 55 sen over time. Seldom we can find such bullish research report. So, there should be great potential in delivering the result.
2015-11-24 20:36 | Report Abuse
It is way undervalued @ RM1.33 based on its 9,272 acres land bank, and the substantial BUMPER profits to be recognized from its Damansara City project which is nearing completion.
http://www.theedgeproperty.com.my/my/content/waiting-cheer-guocoland%E2%80%99s-divestments
2015-11-24 20:26 | Report Abuse
if nexgram can trade at 9 sen, iretex should trade at 36 sen. This is because 1 iretex share = 4 nexgram shares under the proposed share swap exercise.
Otherwise, is the market expecting the nexgram share to trade lower at 8 sen or below....????
2015-11-16 20:18 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4920897
Director buying again..??
2015-11-16 20:08 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4920105
Something brewing...??
2015-11-13 19:48 | Report Abuse
New Target Prices:
TP 1.80 BY RHB-OSK
TP 1.63 BY KENANGA
TP 1.70 BY HLG
2015-11-09 20:47 | Report Abuse
http://biz.sinchew.com.my/node/125679?tid=8
金虎有信心年賺1億淨利
金虎執行主席拿督陳維年接受聯訪時表示,他很有信心在接下來的5年內可保持盈利表現,每年可把營業額保持在2億令吉,同時有信心每年可賺1億令吉淨利
http://www.nanyang.com/node/732191?tid=462
迈向中型房产股 净资产涨20倍
陈维年有信心在未来5年内,金虎集团挤身成为10亿令吉公司,属于中型产业股。
2015-11-07 10:07 | Report Abuse
http://www.theedgemarkets.com/en/AA/dashboard?0=7079&exchange=KLSE
The latest Focus Malaysia magazine has an article covering this company's fund raising exercise. The executive chairman of the company claims that the company is expecting gross profit of RM500 mil from its property projects over the next 5 years as its land cost is very low since the land bank was acquired many years ago. For details, please grab a copy of the latest Focus Malaysia to read.
2015-11-04 19:24 | Report Abuse
http://www.land-general.com/corporate_updates.php
The company still has > RM369 mil un-billed sales as of Sep 2015. Hence, substantial profits can be recognized in the next few quarters.
2015-11-03 21:51 | Report Abuse
ValueCap is at work and buying?? EPF is solidly behind the company. Hehehe...
2015-10-31 10:03 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4908357
Barring any unforeseen circumstances, the Proposed Disposal is expected to be completed in the first quarter of year 2016
Upon completion of the Proposed Disposal, GuocoLand is expected to realise a net gain on disposal of approximately RM19.94 million. The net gain attributable to owners of the Company represents an increase in earnings per share and net assets per share of the Company of approximately 2.98 sen.
The company will also recognize RM137mil gain on disposal of an office tower alone to Hong Leong Bank for FYE 30 June 2016, translating into an EPS of 20 sen.
In addition, Guocoland's associate company Vintage Heights SB (VHSB) is disposing of a parcel of land in Sepang for RM475.0m. Upon completion of the disposal, VHSB is expected to realise a net gain on disposal of approximately RM290m, said Guocoland, adding that approximately RM116m is expected to be attributable to Guocoland for FYE 30 June 2017. (StarBiz)
http://www.securitiesstocks.net/article/9538118664/guoco-under-institutional-investors-radar-screen-/
As the counter is grossly undervalued now, will its cash-riched parent company launch a general offer to privatize the company?
2015-10-11 14:39 | Report Abuse
At RM0.585, GOB is only valued at RM266 mil. It will report more than RM130 mil PAT for FY ending 31 March 2016 if the Damen mall sale is completed with payment received by then. Very much undervalued indeed!
Its Batu Kawan land alone is worth RM700 mil, way above its market capitalization.
http://www.themalaysianinsider.com/business/article/momentum-building-up-at-global-oriental
2015-10-11 12:01 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4890465
On its way to climb back to at least RM1.50 to celebrate next CNY ??
Strong unbilled sales of RM3 Bil,
Net gearing going down below 0.5x,
Reporting > RM300 mil profit again in FY2015,
Superb land-bank with GDV in excess of RM40 Bil,
NTA > RM2.20
2015-10-10 09:59 | Report Abuse
http://www.focusmalaysia.my/Assets/Damansara%20City%20gains%20from%20BTS%20strategy
As the project is nearing completion, it will recognize substantial profit when its BTS strategy can achieve good take up rates upon completion. Anyway, it will recognize sizable profit upon delivering the new office tower to Hong Leong Bank next year.
2015-10-06 21:57 | Report Abuse
It is likely to conserve more cash for its Pavilion Embassy project instead of buying more land....it's no longer easy to get bank loans for property development or buy land....
http://www.pavilionembassy.com/
2015-10-02 14:02 | Report Abuse
Both its lands in Batu Kawan and Taman Equine are way undervalued as per their book value.
http://www.themalaysianinsider.com/business/article/momentum-building-up-at-global-oriental
http://windscopo.blogspot.my/2015/07/gob-21-7-2015opteron.html
2015-10-02 13:20 | Report Abuse
RM40 psf for commercial land may be considered as a good deal for BCB.
http://www.theedgeproperty.com.my/my/content/bcb-rm585-mil-land-lease-deal-rm400m-shoplots-project-iskandar
2015-09-25 21:11 | Report Abuse
http://m.thestar.com.my/story.aspx?hl=Pricing+of+Eco+World+purchase+of+Kuala+Selangor+land+fairly+attractive&sec=business&id={5B968134-0976-4B74-995F-E5650E626980
http://dbv47yu57n5vf.cloudfront.net/s3fs-public/editorial/my/2015/September/25/Eco-World.png
Somehow the investment community valued EcoWorld so much more than Tropicana though Tropicana has been consistently delivering much higher net profits over the last 3 years and has much superb land bank in superb locations. Its gearing is also dropping while EcoWorld's is increasing......
Sigh.....very few investors seem to have trust in Tropicana principals..????
2015-09-17 20:27 | Report Abuse
Huat ar!
Pavilion Real Estate Investment Trust (REIT) has proposed to acquire da:mén USJ shopping mall for RM488 million.
Will GOB report > RM200 mil PBT for FY ending 31/3/16 ????
2015-09-14 19:43 | Report Abuse
* First-half cumulative PBT at RM67.0 million, Net Profit at RM42.4 million
* First-half new sales at RM787.4 million, unbilled sales at record level of RM3.0 billion to sustain performance in 2015
2015-09-13 14:56 | Report Abuse
http://www.thesundaily.my/news/1177366
http://www.thesundaily.my/news/1548413
The group is also in the midst of acquiring 112 acres in Seksyen U10 Shah Alam, near Bukit Jelutong, and is currently awaiting approval from the authorities. The project, earmarked for landed properties, has an estimated gross development value of RM1 billion.
Despite the challenging outlook for the next 12 months, Low does not foresee any drastic impact on its business.
With unbilled sales of RM369 million, new developments in the pipeline in excess of RM2 billion as well as ongoing projects, he said the group is “comfortable” despite being cautious of the property cycle.
“It is no secret that the market is slightly weaker but it is a very normal cycle that the property industry goes through. When it comes to L&G, for the group, our ongoing projects as well as our existing landbank, it’s all located in very prime areas, very prime and mature residential or near city centre locations. With these prime landbanks within our group, I do not foresee drastic impact on the group,” he said.
He added the group is looking to replenish its landbank especially in the Klang Valley as land prices have become more reasonable and it is in a good position to do so with cash of over RM300 million and asset base close to RM1 billion.
Stock: [TROP]: TROPICANA CORPORATION BERHAD
2015-12-16 21:42 | Report Abuse
This stupid counter closed at RM1.01 on 20 Dec 2010. Today it closed at 99 sen despite more than RM1 BILLION net profits in total having been registered by the company over the last 5 years from 2010 to 2014.
What a greatest disgrace & failure in its share price performance!