http://www.bursamalaysia.com/market/listed-companies/company-announcements/4843689

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4851625

Buying again?????

EPS: 2 sen for Q1 ended 30 June 2015. EPS is expected to be higher for the next 3 quarters as more profit will be recognized upon completion of Foresta 1. Full year EPS may reach 8 to 10 sen?

It reported RM171 mil profit for the Q4 ended 20.6.15. EPS: 25.6 sen . Mainly from fair value gain.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4844977

First phase of Elysia is already 70% sold.
https://scontent-kul1-1.xx.fbcdn.net/hphotos-xfp1/t31.0-8/11878900_718249388280447_5099141485040925117_o.jpg

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4831485
???

2 sen dividend is on the way.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4830009

http://klse.i3investor.com/blogs/OoiTeikBee/81348.jsp
Buying opportunity??

Despite cautious industry sentiments, Tropicana’s performance proved resilient. In May, the Group recorded an overwhelming success in its maiden properties launch in Tropicana Aman, Shah Alam, where all 432 units of two- and three-storey Arahsia Residences link homes with gross development value of RM342 million were fully taken up.
For the first half of 2015, Tropicana has achieved a total sale of RM787.4 million as at 30 June 2015 in addition to having secured unbilled sales at a record high of RM3.0 billion which places it in a position to deliver sustainable performance in the near future. Overall, the Group is confident of achieving total sales comparable to previous financial year of RM1.5 billion in FY2015 in new sales.

The Proposed Disposal is expected to give rise to a net gain of approximately
RM15.92 million for the financial year ending 31 March 2017.

GOB's share price may inch up upon successful launch of this project of which the land cost is deemed to be relatively low as compared to the land transacted in the neighborhood.
http://www.pavilionembassy.com/
http://windscopo.blogspot.com/2015/07/gob-21-7-2015opteron.html
http://www.themalaysianinsider.com/business/article/momentum-building-up-at-global-oriental

The Elysia Park Residence may be able to attract a lot of foreign buyers since the ringgit has depreciated so much over the last 12 months.....
https://www.youtube.com/watch?t=85&v=64sDtZja8Hk

Why Keuro has to extend so many times for Ah Chye to pay??? Arm length transaction?? Where is the corporate governance???
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4804089

https://scontent-kul1-1.xx.fbcdn.net/hphotos-xfp1/t31.0-8/p960x960/11717382_965618290124864_1018411925049502999_o.jpg
https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-xta1/t31.0-8/p843x403/11779953_706958702742849_5680555632489179541_o.jpg
https://scontent-kul1-1.xx.fbcdn.net/hphotos-xta1/t31.0-8/p960x960/11794057_1012259625474793_1094763654208105069_o.jpg

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

http://www.dijayaenews.com/list/files/20150702_EDM2.jpg
http://www.dijayaenews.com/list/files/20150702_EDM.jpg
http://www.dijayaenews.com/list/files/20150529_EDM.jpg
http://www.tropicanaaman.com.my/phase/arahsia/
http://www.malaysiapropertynews.com.my/wp-content/uploads/2015/07/tropicana-bay-residences-1024x679.jpg

KAF Investment Bank’s comments:-

Holders should note that the Offer culminates from the Offeror increasing its shareholding to
over 33% in BCB. The additional investment by the Offeror in BCB reflects the Offeror’s
confidence and commitment in the growth potential of BCB.
Overall, the Offer culminates from the Offeror strengthening its shareholding in BCB. It
reflects the Offeror’s confidence in the Company given its positive prospect. The Offeror’s
intention to maintain the listing status and to not invoke the relevant Sections of the CMSA
on compulsory acquisition will allow the shareholders of BCB to exit and realise their
investments in BCB in the future. Premised on the above, we are of the view the Offer is not
reasonable.

Overview and prospects of BCB

Despite the cooling measures initiated by the Malaysian Government and Bank Negara
Malaysia such as increasing the Real Property Gains Tax Act, 1976 and tightening bank
lending regulations to curb speculative activities in the property market and the recent weak
market sentiment as a result of slumping global crude oil prices, the Board is optimistic of
the Group's performance for the FYE 30 June 2015, mainly backed by contributions of its
two (2) main Klang Valley projects:-

(i) Concerto North Kiara in Kuala Lumpur (“Concerto”): A high-end condominium project
consisting of three (3) tower blocks with a total of 440 units and bearing a total GDV of
approximately RM575 million. It is earmarked for completion in year 2015. To date,
the Group received encouraging response from the launching of all three (3) towers
with the take up rate of approximately 66% and the revenue recorded of more than
RM380 million.

(ii) Home Tree in the vicinity of Kota Kemuning, Shah Alam, Selangor (“Home Tree”):
This development on 151 acres of land will comprise more than 400 units of high-end
bungalows and a similar number of commercial units bearing a total GDV of
approximately at least RM1.8 billion. It is earmarked for completion estimated in five
(5) years. To date, the Group received encouraging response from the launching of
phase 1 with the take up rate of approximately 92% and the revenue recorded of more
than RM260 million.

BCB had, on 7 January 2015 announced the completion of an acquisition of seven (7)
contiguous parcels of residential development land located within Zone A, Medini Iskandar,
Mukim of Pulai, District of Johor Bahru, State of Johor Darul Takzim with GDV of
approximately RM1.20 billion. The said acquisition is expected to contribute positively to the
BCB Group’s performance

Medini is a Special Economic Zone whereby developers are exempted from Corporate Tax.
To get the tax exemption, a developer has to be given an “Approved Developers Status” by
Iskandar Regional Development Authority (IRDA), in which BCB has in place already. To
date, 10% of Phase 1 of the Medini project has been sold.

In addition to Medini, BCB is the largest developer in both Batu Pahat and Kluang. Batu
Pahat and Kluang are the second and third largest towns in Johor after Johor Bahru. In Batu
Pahat, BCB holds approximately 60% of the market share via our 3 big townships, namely,
Taman Bukit Perdana, Evergreen Heights and Bandar Putera Indah. Besides that, BCB is
also the owner of the biggest hotel in Kluang called Prime City Hotel as well as the Kluang
Parade.

(Source: Its circular to shareholders)

http://biz.sinchew.com.my/node/118930?tid=8#ixzz3fgboPhS3
http://klse.i3investor.com/blogs/sin_chew_hot_stocks/79939.jsp

http://www.thesundaily.my/news/1485871

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1138137
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4730009

Another RM400M sale proceed is on the way soon. Extraordinary gain of RM220M is to be recognized upon receipt of the sale proceed. Coupled with the extraordinary gain of RM48M realized from the sale of Tenaga Kimia earlier this month, it would not be a surprise to see Tropicana to register another total PAT of > RM300M in 2015.
For the record, it registered PAT > RM300M each year in 2013 & 2014.
It is just too bad that it remains as an undervalued and unappreciated company despite its superb prime land bank.

RM540M has been collected today!!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4800289

CMMT already got its monies from a placement exercise. So, Tropicana can expect the payment from CMMT anytime for the Tropicana Mall disposal. Finally!!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4798281

http://www.malaysianbar.org.my/business_news/patrick_lim_cuts_loose_from_equine_capital.html

http://www.tropicanacorp.com.my/media-centre/from-the-press/2015/focus-malaysia-27-june-2015-tropicana-aman-hits-the-right-note

http://trop.irplc.com/investor-relations/interactiveAR2014/

http://www.j-propves.com.my/files/editor_files/images/News/The%20Star/2015/07%202015/02/Tropicana.jpg

http://vault.starproperty.my.s3.amazonaws.com/wp-content/uploads/2015/07/ppty_21062015_tropicana_metropark_cokwong_3.jpg

http://vault.starproperty.my.s3.amazonaws.com/wp-content/uploads/2015/07/ppty_21062015_tropicana_metropark_cokwong_16.jpg

Upon completion of the Proposed Disposal, GuocoLand is expected to realise a net gain on disposal of approximately RM137.3 million. The net gain attributable to owners of the Company represents an increase in EPS of approximately RM0.20.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4792477

FYI, there are other components in the Damansara City project that are yet to be sold to realize all the potential profits.....> RM 0.5 billion???

http://www.damansaracity.com.my/img/bg_accessibility.jpg

https://www.youtube.com/watch?v=G4_UeRsQX

https://youtu.be/ItuBOQ6H3Go

https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-xtp1/t31.0-8/q81/p480x480/11181874_954256941260999_7624727572226889781_o.jpg
https://www.youtube.com/watch?v=pijSLjev_bE&feature=youtu.be

http://bcbbhd.com.my/branching-out-in-kota-kemuning/
The land was bought at RM16.42 psf in 2011. Very cheap indeed based on current market value!
Eco World paid RM35 psf for its land from Tropicana Corp.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/786861
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1195829

https://scontent.xx.fbcdn.net/hphotos-xaf1/t31.0-8/p600x600/10320989_995044910529598_8971753035505602462_o.jpg
https://scontent-kul1-1.xx.fbcdn.net/hphotos-xtf1/t31.0-8/p600x600/11415497_995043847196371_2266098335460724031_o.jpg

http://klse.i3investor.com/blogs/the_edge_insider_asia_stock/70802.jsp

Extract from its 2014 Annual Report:

a) E vergreen Heights, Batu Pahat
This 400 acres mixed development township is
located 8km south of Batu Pahat town centre. It
is located next to the 18-hole Bukit Banang Golf
and Country Club and is distinct as it emphasizes
quality living set amidst natural surroundings.
Its development is architecturally attractive
with beautifully landscaped terrain. There is also
a 12 acre park and lake
To date, over 3,000 units have been sold for a total
sales value of about RM1.0 billion.

This township is currently 80% developed with
another 100 acres of undeveloped land.

We are confident that
future launches and sales at this township will
continue to appeal and attract strong demand
given the wide range of amenities, facilities and
infrastructure already put in place or due to be
put in place in the next few years

b) Bandar Putera Indah, Batu Pahat
This 390 acre mixed development township is
located in the vicinity of Tongkang Pecah, about
11km north-east of Batu Pahat town centre. This
entire project will have a GDV of about RM1.1
billion.
The concept here emphasizes quality living set
amidst natural surroundings with architecturally
attractive designs and beautifully landscaped
terrain.
Since its maiden launching in 2011, the take-up
rate has been very encouraging with phase 1
encompassing 20 acres of land fully sold. These
20 acres of land is currently in advance stages of
completion.
In July 2012, Phase 2 was launched and again
the take-up rate was encouraging. To-date
about 85% of the 400 units has been sold. We will
be rolling out more new phases in the next few
months. We are confident of this township’s future
contribution to the Group’s earnings.

BCB is therefore very much undervalued premised
on its Batu Pahat land bank alone.

http://klse.i3investor.com/blogs/sin_chew_hot_stocks/78510.jsp

BCB has sold close to 100 units in the proposed Elysia Park Residence to Taiwanese investors/buyers.

http://bcbbhd.com.my/project/southern-region/the-elysia-park-residence/

http://www.iproperty.com.my/news/10339/damansara-city-topping-out-ceremony-marks-completion-of-development

http://newlaunch.iproperty.com.my/Elysia-Park-Residence/4982

http://www.4-traders.com/TROPICANA-CORPORATION-BHD-10089406/news/Tropicana-Bhd--RM880m-investment-to-develop-Tropicana-Aman-20515114/
In summary, it expects RM3bil profit to be generated by Tropicana Aman alone over the next 15 years.

KUALA LUMPUR (June 10): Property developer Land & General Bhd announced that its wholly-owned unit Victory Vista Sdn Bhd has signed a share sale agreement to acquire Pembinaan Jaya Megah Sdn Bhd – which will own 112.353 acres of land in Selangor – for RM90 million cash.

Land & General, in a filing with Bursa Malaysia today, said its proposal to acquire Pembinaan Jaya Megah will expand its land bank, which will facilitate future development projects that will contribute positively to its future earnings and cash flows.

Pembinaan Jaya Megah is currently alienating 112.353 acres of a 99-year leasehold land in Bukit Raja, Selangor from Petaling’s Land and District Office (PTP).

“On Nov 5, 2014, PTP has given its approval for the alienation of the Land and pursuant to the PTP approval, the leasehold period is 99 years and the expiry of the lease period is not yet not available pending completion of the alienation of the Land and issuance of land title(s),” said Land & General.

According to its annual report 2013, Land & General has some 31ha of land for development, with a net book value of RM38.06 million.

“The land is intended to be developed as a residential and commercial development. The board, having considered the proposed acquisition including but not limited to rationale and justifications, financial effects, valuation and associated risks, as well as the prospects of the land to be alienated for future development, is of the opinion that the proposed acquisition is in the best interest of the Land & General Group,” it said in a filing.

Land & General said it will fund the purchase via internally generated funds, or external bank borrowings. As at March 31, 2015, Land & General’s deposits, cash and bank balances stood at RM398.34 million.

Land & General (fundamental: 3; valuation: 3) expects to complete the acquisition by the second quarter of 2016 (2Q16).

Land & General also has interest in oil palm and rubber plantations operated via its wholly-owned unit Clarity Crest Sdn Bhd. The group currently has some 1,009.71ha of land in Mukim Kerling, Selangor, that has a net book value of RM48.14 million.

The stock has fallen 13% from 57 sen on April 17 to close at 49.5 sen today, giving it a market capitalisation of RM534.817 million.

(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations)
Source: The Edge Markets

The above can be considered good news as the land to be acquired is relatively cheap at RM18 psf and likely to generate some RM150m to RM200m profit over time from the proposed residential & commercial development.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4767085

http://www.j-propves.com.my/files/editor_files/images/News/The%20Star/2015/06%202015/05/Tropicana.jpg

3rd time buying tigers @ 20 sen again ?????????? Something big in the pipeline?????
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4761473

Why he is buying again???
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4761525

http://klse.i3investor.com/servlets/fdnews/224756.jsp

http://www.insage.com.my/ir/cmn/loadpdf.aspx?sReportType=RR&sCompanyCode=TROP&sFileName=15133000014362

http://www.tropicanaheights.com/site/home.html

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4757513
It is worthwhile to note that L&G's major shareholder Mayland group is indeed a 45% shareholder of Country Garden Properties (M) SB
http://www.thestar.com.my/Business/Business-News/2014/06/16/China-developer-and-KPRJ-plan-to-reclaim-5000-acres-for-a-manmade-island-project-off-Johor/?style=biz

SGB’s combined order book stands at RM5.3billion (OFS – RM3.9billion; Transport Solutions – RM1.2billion and Marine Services – RM190million).

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=8&cad=rja&uact=8&ved=0CEUQFjAH&url=http%3A%2F%2Fwww.scomi.com.my%2Fweboffice%2Ffiles%2Fnews%2F5212015_70145PM_20150521%2520-%2520MNR_SGB%2520Q4%2520FY2015%2520Results.pdf&ei=059hVeOaOJKdugS5oYPICg&usg=AFQjCNHPWqSaXai_AEcjcsqD-ORzlrdLsQ&bvm=bv.93990622,d.c2E

http://www.malaysiastock.biz/Report-Analysis/Continuously-Improvement-EPS-KLSE-Stock.aspx
Although BCB ranked third in the chart for 3 Years Continuously Improvement in Revenue & Profit (2012,2013,2014) and it is likely to register another record profit for FY ending 30 June 2015, it is just too bad that does not fall under any research house's radar and hence its share price has not been reflective of its profit growth YTD.......

http://bcbbhd.com.my/project/southern-region/the-elysia-park-residence/

tropicana aman is selling well?
https://forum.lowyat.net/uploads/attach-50/post-669150-1431529596.jpg

http://klse.i3investor.com/blogs/sin_chew_hot_stocks/76517.jsp