TROPICANA CORPORATION BERHAD

KLSE (MYR): TROP (5401)

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Last Price

1.17

Today's Change

-0.02 (1.68%)

Day's Change

1.16 - 1.19

Trading Volume

4,004,500


9 people like this.

11,004 comment(s). Last comment by DreamGuardian 4 weeks ago

Posted by MahsingKing > 2014-06-30 21:37 | Report Abuse

Come on all come to Mahsing.....the best property counter for 2nd half of the year

Posted by Cebailang123 > 2014-07-01 17:48 | Report Abuse

Kakakaka....I know them damn well lar Mahsing. His wifey is the runner. Buy sell, hide and seek all come from the wifey company. But this recent one is direct.
I alredi said the shr will drop the other day and I also said after AGM to watch buy back ......now u have to watch for double take take, a quick buy sell and then the shr will move up.....yes it will move up

Grande

1 posts

Posted by Grande > 2014-07-04 15:10 | Report Abuse

why don't they take this counter private? There isn't any interest and nobody talks bat this counter. Its just curses after curses and the share stays stagnant. Morever, the share is played amongst the family members. This include the brother in Berjaya thru various Berjaya companies and the latest is Berjaya Asset where the the son is a director, and the wive's company and then ESOS, and then the husband Danny will make the deals while all the investors gets short change. Take it private lah and you all can play all you want. There is such thing as karma you know

Posted by MalcomInTheMiddle > 2014-07-04 21:55 | Report Abuse

Dead stock walking.....lol sounds familiar....hahahaha ....Kakakaka.....

Posted by SorhaiTan > 2014-07-05 16:54 | Report Abuse

Looks like they cannot sell the Trops City Mall and they couldn't get a private placement partner as promised by 1st Q this year. Sei lor...... Is it becoz no one trust them as suggested by many?.....it looks true leh

Posted by TropicanaLetsGo > 2014-07-07 11:11 | Report Abuse

Guys, my sifu said the mall almost done deal and private placement will be announced side by side. It is part of the plan . Expecting to hit 2 soon.

Posted by Ng MC Angie > 2014-07-08 15:18 | Report Abuse

But share price keep go down?

Posted by winson02 > 2014-07-08 16:36 | Report Abuse

director selling

Barbarian

939 posts

Posted by Barbarian > 2014-07-08 17:26 | Report Abuse

Yes directors all have no confident....

Investeye

2,347 posts

Posted by Investeye > 2014-07-09 14:56 | Report Abuse

Take opportunity to accumulate few lots at rm1.44

Popiah

1 posts

Posted by Popiah > 2014-07-09 17:25 | Report Abuse

Don't lah Investeye......enough of getting ppl into trouble......it's been more than a year since May 2013 decline until now. Tropicana make money but investors and PRivate Placement partners all mati....

Greenpower

304 posts

Posted by Greenpower > 2014-07-09 19:21 | Report Abuse

director no money kah

saturny

612 posts

Posted by saturny > 2014-07-09 21:35 | Report Abuse

Aik why director must sell shrs if owner want to buy land.....chun boh Chua72.....

saturny

612 posts

Posted by saturny > 2014-07-09 21:36 | Report Abuse

Spain may have lost in World Cup but they are definitely looking to score big in Iskandar......

saturny

612 posts

Posted by saturny > 2014-07-09 21:40 | Report Abuse

This one is loser pool...trust me......I know them personally

saturny

612 posts

Posted by saturny > 2014-07-09 21:48 | Report Abuse

Relative I won't curse lor....kakaka

saturny

612 posts

Posted by saturny > 2014-07-09 22:12 | Report Abuse

Good luck whoever buying....chao....

Investeye

2,347 posts

Posted by Investeye > 2014-07-09 22:41 | Report Abuse

Trop recent price down due to blr rate expects to up (may be tomorrow will announce). Since Trop debt is quite high. Trop has plan to sell it 2b (out of 7 bil value of assets)assets to reduce the debt. If this happen, the price will fry high .

barbarian

939 posts

Posted by barbarian > 2014-07-10 13:43 | Report Abuse

?? BLR should apply to all....

Yunnan

405 posts

Posted by Yunnan > 2014-07-11 12:04 | Report Abuse

coming ,,,,

Pitochu

125 posts

Posted by Pitochu > 2014-07-11 14:34 | Report Abuse

What lah u all arguing....BLR for all mah.....If blr problem why some properter counter going up. Use you head lah Investeye

Pitochu

125 posts

Posted by Pitochu > 2014-07-11 14:36 | Report Abuse

But Trops got to announce the degearing quick as OPR sudah naik.

Investeye

2,347 posts

Posted by Investeye > 2014-07-11 14:52 | Report Abuse

Luckily 25-basis-point hike in the OPR is still tolerable. Trop is just start to move it engine by release it asset for growth. The debt is there but the revenue/profit need time to harvest, this is what happened in Trop. Of course debt is not the main factor if the company can turn their asset/land to revenue as quick as possible.

Tropicana

17 posts

Posted by Tropicana > 2014-07-14 13:22 | Report Abuse

You guys have force me to come out to talk. Aiya Mahsing lah, SPSetia lah.......let me tell you guys, Tropicana will fly soon. Trops is focus on North, Iskandar and Central this year. Central will be Tropicana Aman near Kota Kemuning. It will have to happen soon outside the Metropark which has almost completed the sales for Paloma selling Tower A. Remember they cannot afford to increase gearing now that OPR has been hike and they know that......and yet they have to launch Tropicana Aman ASAP for 2014. So in short a private placement will be happening very soon....mark my humble words...... Tropicana will definitely go above 1.85 very soon......eat this Mahsing and SPSetia......here I come ....kokokokokok

bsngpg

2,842 posts

Posted by bsngpg > 2014-07-14 13:32 | Report Abuse

Glad to have Trop ups to 1.85 or higher which will bring me some wealth. However It is unnecessary in beating Mahsing as I have big piece of cake on Mahsing too. Why not win-win ?

Tropicana

17 posts

Posted by Tropicana > 2014-07-14 15:56 | Report Abuse

Bsngpg, I was not referring to the counter but the individual with that name Mahsing and SPSetia....

Posted by saturnliar > 2014-07-14 18:26 |

Post removed.Why?

Pitochu

125 posts

Posted by Pitochu > 2014-07-14 19:10 | Report Abuse

Saturnliar ur grandmama also play Trops...?

Pitochu

125 posts

Posted by Pitochu > 2014-07-14 19:16 | Report Abuse

Nevermind lor u make in EnO ....shiok nya

Posted by Ng MC Angie > 2014-07-14 21:01 | Report Abuse

But trop alway keep go down , hard to wait!

Posted by Tan Tze Ming > 2014-07-14 22:45 | Report Abuse

in danga bay tropicana face 3 big competitior company from china, trop sales nt quite good

passerby

2,877 posts

Posted by passerby > 2014-07-14 23:16 | Report Abuse

passerby kena rasuk tadi....mimpi bukan-bukan

mimpi pasal matahari
mimpi pasal penipu
mimpi pasl matahari
mimpi pasal jalan
mimpi pasal dapat "F", begitu banyak "F" dalam report card, pengsan
mimpi dapat bungkusan
mimpi pasal kota asal Kobe Bryant......huruf-huruf initial
mimpi pasal 2 biji Bola Besar
mimpi pasal darab , cikgu suruh darab 10x10x10x10x10x10x10x10x10
lepas tu mimpi matahari mengamuk , habis minyak kuali mendidih terpeluwap....

mungkin ganguan hantu-hantu yang sedang dalam keadaan resonance.... lepas tu pengsan terus...

bangun pengsan.....suhu badan mendidih ! 36 darjah celcius !, deman panans yang teramat......mungkin makan salah ubat.....mungkin lupa makan ubat....apalah mimpi mimpi mengarut ini....

JT1969

377 posts

Posted by JT1969 > 2014-07-15 08:47 | Report Abuse

Other property counters flew up .. This one is going the opposite direction ...

lwalk

1,144 posts

Posted by lwalk > 2014-07-16 12:21 | Report Abuse

longest term counter ever... really kns

merry

9 posts

Posted by merry > 2014-07-16 13:21 | Report Abuse

这个烂股,不知有回弹能力吗?买到你这股....亏钱

Pitochu

125 posts

Posted by Pitochu > 2014-07-16 15:28 | Report Abuse

Holland counter and family....

merry

9 posts

Posted by merry > 2014-07-16 16:11 | Report Abuse

当你骂人傻的时候,你以为你自己很聪明吗?不要说你没有亏钱吗?在这不是赚,就是亏。我又没有卖.

merry

9 posts

Posted by merry > 2014-07-16 16:23 | Report Abuse

其实算你运气好.

33448923

487 posts

Posted by 33448923 > 2014-07-16 16:32 | Report Abuse

没卖不算亏。。

satturn

10 posts

Posted by satturn > 2014-07-16 16:42 | Report Abuse

Hahahaha....even that the lame duck can't say it with a fact......this is thru years of taking taking taking.......see soon he cannot fight d he will say quota reach....surrender......tiuuu...

satturn

10 posts

Posted by satturn > 2014-07-16 16:43 | Report Abuse

This is a giant sleeping.......in the right retrospect, it's a rm2b revenue company with share price at 1.2x......it's a giant of a quality Landbank developer yet their gearing was not reduce in tandem to the revenue growth .....this is the paradox for tropicana.
The company did everything right from landbanks to development to achieving target revenue to setting appropriate targets/KPI but failed in maneuvering when changes in the form of business opportunity arises. They have found themselves on the cross road of trust with investor and a crossroad of changing to a high gear in 2013 and risk having to throttle down their gear in 2014 due to policy changes. Their only hedge was the unbilled.......

The best scenario here is an earlier realization that the property price will not change. This is true because inflation is not only affecting building materials but everything else up to transportation. In addition, property developer risk loosing if the price is reduce when the perceived economy get better mid of the year as that is actually their opportunity to hedge the material goods if ever a chance presented. What will more likely to happen is property price escalation will be stunted with a lower price exertion due to the many policies being introduce. However a growth in the country and infrastructure as in the case of mrt, will soon bring up the value of housing projects.

The only concern now is the the OPR (basically the lending rate of central bank) which will also determine the loan interest to house buyers by retail banks. But having said that, this has been balance by a BLR minus lending rate as oppose to a BLR plus 10 years ago. On top of that, banks scrutiny is also at the highest level to approve a loan. Putting all this together, it means how fast the house buyers will realise this and continue the momentum again as we see current house buyer are also supported by foreign buyers. As an example for those who travel on holidays to Malacca, notice the prices of good and food have maintain upward momentum due to Singaporean who shop and eat there. It will be the same for property.

Posted by Helpforinvestor > 2014-07-16 16:43 |

Post removed.Why?

satturn

10 posts

Posted by satturn > 2014-07-16 16:44 | Report Abuse

Stock: [TROP]: TROPICANA CORPORATION BERHAD

Dec 6, 2013 09:34 PM | Report Abuse

I think the boss of tropicana should do more homework......i think when I was there in the afternoon, the sales vs buyer was like more than 10 to 1. Most were sitting pretty. Not a bad thing if my wife was not there.....Kakakaka

Even the caddy driver tell me the crowd will come in the later evening for the show and promotion.....aiya caddy driver can tell me that and the boss is spending like sap sap water.....no wonder the numbers at nett is still badly affected after degearing fr 0.87 to 0.7.....not unless the ratio of degearing is different.....pls not de gearing can be a ratio of different measurement.

Similar to PE, alternative is to use price over cash flow to determine ......so I hope he use the same ratio or I will be very suspicious.......WARNING!

satturn

10 posts

Posted by satturn > 2014-07-16 16:46 | Report Abuse

I feel more emotional now.......I said it said it......they cannot comprehend my logic.......if Singapore and Malaysia already had an agreement and Singapore investment is pivotal all this while in Iskandar, does not make sense to kill the goose that lay the golden egg.....

http://www.themalaysianinsider.com/business/article/medini-zone-in-iskandar-granted-property-gains-tax-exemption

There will be substantial investment next year for Iskandar......it cannot fail.....

satturn

10 posts

Posted by satturn > 2014-07-16 16:46 |

Post removed.Why?

satturn

10 posts

Posted by satturn > 2014-07-16 16:56 | Report Abuse

Yau officially screw up......first with two PRivate Placement almost backtoback and did nothing in announcement after the second Placement was announced. Now his backers are all fed up over his inaction and sudden quiet state compared to earlier announcement. I think he is lost with all the initiative he is trying to do. .........a good leader would have continued the momentum especially when the price was high. He has allowed the self anihilation ....

Posted by Helpforinvestor > 2014-07-16 16:56 |

Post removed.Why?

bryan_su

645 posts

Posted by bryan_su > 2014-07-16 16:58 | Report Abuse

i love dijacor so to trop... without this baby, without me today...

Tropicana

17 posts

Posted by Tropicana > 2014-07-16 21:26 | Report Abuse

Don't talk bad ok.....tropicana Aman ready to launch soon. Go to Kota Kemuning near the Mohd Chan restaurant and see for your self the sales galery. The private placement is coming ok!.....

Tropicana

17 posts

Posted by Tropicana > 2014-07-16 21:28 | Report Abuse

If no news of tropicana Aman by End Aug or early sept....I will change my name to Mahsing ok....

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