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

Barbarian

939 posts

Posted by Barbarian > 2014-08-23 14:07 | Report Abuse

Bsngpg, just out of curiosity.....the statement below is confusing. It says cut loss if price below rm1.40 ...but the price current is below that.....so what is he trying to say???

"The risk to reward is worth with it. The Cut lost point is the price drop and close below RM1.4 and the 1st TP will be RM1.8/2.00 and second TP will be RM3.3/3.4. "

bsngpg

2,842 posts

Posted by bsngpg > 2014-08-23 15:37 | Report Abuse

The blog was not mine, I just copied it to here for easy reference.
In fact, I have the same confusion as yours. For the context of our discussion, I chose to read the upside of the statement only.

Barbarian

939 posts

Posted by Barbarian > 2014-08-23 15:39 | Report Abuse

Tqs bsngpg....

bsngpg

2,842 posts

Posted by bsngpg > 2014-08-23 15:46 | Report Abuse

You are most welcome. Do you have Trop too?
I am not shy to admit that I was actually trapped by its land value, from the originally short term play become long term play. Sigh!

Barbarian

939 posts

Posted by Barbarian > 2014-08-23 15:54 | Report Abuse

I used to have......the problem was the surprised RTO with Albedo which caught a lot of investors. Without that, this situation wouldn't have happen. Reason is if they sold the lands in Iskandar instead of trying the RTO, the gearing would have been reduced and the only thing to wait for was Trops mall and plaza Dijaya sale to hit rm3. I believe with Iskandar land sale (if it did happen instead of RTO) the price would have been 2.20 and with the sale of the other 2 asset they would have hit 3. If u read the Cimb reports, the land bought in 2010 all appreciated tremendously but only if they sell....

bsngpg

2,842 posts

Posted by bsngpg > 2014-08-23 16:09 | Report Abuse

Thks

黄睦焜

91 posts

Posted by 黄睦焜 > 2014-08-24 15:33 |

Post removed.Why?

Barbarian

939 posts

Posted by Barbarian > 2014-08-24 16:12 | Report Abuse

Chua72, yes belong to Danny Tan and could have injected into Tropicana as asset and sold it from there. They did this same thing in 2012 when they injected their capital to prop up asset in Plaza Dijaya.

Barbarian

939 posts

Posted by Barbarian > 2014-08-24 16:16 | Report Abuse

These assets they hold are like our own house....if we keep it long enough at good location, the appreciation maybe better than interest incurred provided they can get thru these tough period and develop later.or sell when the market is back at super peak for Landbank...

Barbarian

939 posts

Posted by Barbarian > 2014-08-24 16:20 |

Post removed.Why?

Greenpower

304 posts

Posted by Greenpower > 2014-08-25 12:44 | Report Abuse

wanted to get profit fr d counter is not so early.

windz1984

74 posts

Posted by windz1984 > 2014-08-25 16:45 | Report Abuse

Keep dropping

lloydlim

3,973 posts

Posted by lloydlim > 2014-08-25 17:51 | Report Abuse

What happen?

berry

1,036 posts

Posted by berry > 2014-08-26 09:48 | Report Abuse

This counter can trap your money for yearsssss! becareful! Research reports have been yelling RM2.00-3.00 all the time -since few years ago, BUT IT DID NOT HAPPEN. Tan family needs cash, however; on willing basis if you choose to be trapped and can wait for DONKEY YEARS, then no one to blame except yourself.

Investeye

2,347 posts

Posted by Investeye > 2014-08-26 10:19 | Report Abuse

For me, recent downtrend was due to issue of land dealing with Selangor Gov.

Posted by valueinvestor > 2014-08-26 23:00 | Report Abuse

YTD this is one of the worst performing property counters,... Maybe the research houses also scared to update or recommend this counter anymore... ..sigh.......simply a YTD hopeless counter ...worse than many other penny stocks....

Posted by Ng MC Angie > 2014-08-27 00:15 | Report Abuse

Agree with berry. It is very difficult wanted to earn fr this counter

Barbarian

939 posts

Posted by Barbarian > 2014-08-27 10:19 | Report Abuse

Kekeke Valueinvestor....u r right

robbin65

95 posts

Posted by robbin65 > 2014-08-28 09:59 | Report Abuse

Bomoh Chacha, I already read Cimb report ten times, Albedo booliao Trop can fly chunboh? You sure akan fly tak?

lsgan168

13 posts

Posted by lsgan168 > 2014-08-28 10:56 | Report Abuse

Estimate today will announce 2Q report. Hopefully will have good results.

Posted by Angel_Investor > 2014-08-28 14:17 | Report Abuse

Huge of unbilled sales yet!

robbin65

95 posts

Posted by robbin65 > 2014-08-28 15:12 | Report Abuse

Bomoh Chacha, macam mana you tahu akan fly? Readlah readlah Cimb report can made it fly? Mau angkat turun angkat turun buah kelapa waktu baca Cimb report tak?

azim1590

60 posts

Posted by azim1590 > 2014-08-28 16:00 | Report Abuse

Hopefully the price will move up slowly.cover modal da cukup bagus.haha

Posted by Ng MC Angie > 2014-08-28 18:15 | Report Abuse

Alway said huge of unbill sale. Whether will made d share go up or not is another thing. Must see boss wanted to give change or not.....

Tropicana

17 posts

Posted by Tropicana > 2014-08-28 20:32 | Report Abuse

I told you guys already....

Stock: [TROP]: TROPICANA CORPORATION BERHAD
Jul 14, 2014 01:22 PM | 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

Tropicana

17 posts

Posted by Tropicana > 2014-08-28 20:35 | Report Abuse

It will fly soon.....September will fly fly fly

Tropicana

17 posts

Posted by Tropicana > 2014-08-28 20:52 | Report Abuse

If don't fly by September, I will call myself Sloppycana. That's a promise

lloydlim

3,973 posts

Posted by lloydlim > 2014-08-28 20:55 | Report Abuse

EPS 6.43 great! It should fly soon guys!

Tropicana

17 posts

Posted by Tropicana > 2014-08-28 21:45 | Report Abuse

The is what all Trops players are waiting for....

Tropicana

17 posts

Posted by Tropicana > 2014-08-28 21:47 | Report Abuse

The land sales did a lot to ensure profit is seen......

Investeye

2,347 posts

Posted by Investeye > 2014-08-28 21:52 | Report Abuse

Good result, especially there is rm2.7 bil unbilled sales to sustain 2nd half performance !
+ 4 cents dividend... Share price will up.

33448923

487 posts

Posted by 33448923 > 2014-08-28 21:52 | Report Abuse

good report ..

Investeye

2,347 posts

Posted by Investeye > 2014-08-28 22:37 | Report Abuse

Hopefully can get at least breakeven as started bought in at rm1.58 on Apr'14 ..rm1.53...rm1.50..rm1.44 and last bought rm1.38 (each time 2~3 lots).

bsngpg

2,842 posts

Posted by bsngpg > 2014-08-29 06:37 | Report Abuse

I did the same but with lower starting price than yours. Nevertheless, I am trapped in Trop too. Hopefully, this set of good result plus the proposed 4% div can push it up to where you first bought.

Investeye

2,347 posts

Posted by Investeye > 2014-08-29 06:49 | Report Abuse

Will still hold it as the visibility is good for 2nd half (2.7 bil unbilled sales).

bsngpg

2,842 posts

Posted by bsngpg > 2014-08-29 07:33 | Report Abuse

I would be satisfy if bouncing up to 1.58.

azim1590

60 posts

Posted by azim1590 > 2014-08-29 08:12 | Report Abuse

Very good report..

Investeye

2,347 posts

Posted by Investeye > 2014-08-29 08:37 | Report Abuse

Some confuse, the dividend is for this q or last q?
The profit may mainly contribute from land selling?
Anyway, good to see to reduce the debt..

Tropicana

17 posts

Posted by Tropicana > 2014-08-29 09:15 | Report Abuse

It is clear it's on the recent quarter....always look at where the dividen is position lah

Tropicana

17 posts

Posted by Tropicana > 2014-08-29 09:18 | Report Abuse

Mgmt will do something.....they are also embarrassed that the price is so low compared to potential. Don't worry....1.85 is coming

Posted by Kukumanissedap > 2014-08-29 09:25 | Report Abuse

This is utter rubbish....they change CEO in dec 2012 and rebranded in early 2013.... Share price drop since for 1 and half years now.....

Posted by Kukumanissedap > 2014-08-29 09:26 | Report Abuse

They screwup their own branding....CEO should know what to do.....I have not seen a rebranding and change in CEO so failed before

Posted by Kukumanissedap > 2014-08-29 09:28 | Report Abuse

The price will not jalan lah.....everyone waiting to run only when it move a bit.....coffee shop talk everyone say don't ever touch dijaya. Even after rebranded the older folks still recall the Dijaya that they think is useless

Posted by Kukumanissedap > 2014-08-29 09:39 | Report Abuse

They see CEO is the mistake....

Rumbo

1 posts

Posted by Rumbo > 2014-08-29 12:39 |

Post removed.Why?

lloydlim

3,973 posts

Posted by lloydlim > 2014-08-29 18:29 | Report Abuse

Beware of interest rising ahead, it might impacts de price very soon.

pputeh

698 posts

Posted by pputeh > 2014-08-30 13:11 | Report Abuse

What do you expect when you buy a stock that has got relatives from the Belarjay Group. All the same they screw you brother & brother. I will never touch any Belajaya Group shares or their brother brother/ sister sister. good Luck

chongbh2

63 posts

Posted by chongbh2 > 2014-09-01 14:49 | Report Abuse

agree with pputeh, i also total never touch any share relative to Berjaya Group...

Jujube

10 posts

Posted by Jujube > 2014-09-01 18:09 |

Post removed.Why?

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