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

kimssiat

1,088 posts

Posted by kimssiat > 2015-02-05 14:16 | Report Abuse

Ok counter. Ang Pow come please.

ickywin

71 posts

Posted by ickywin > 2015-02-05 20:49 | Report Abuse

look likes some traders intend to push down the price for them to accumulate..is a gd sign for tropicana..will know after CNY..

volks2

1,116 posts

Posted by volks2 > 2015-02-06 09:30 | Report Abuse

so which mean we should follow them?

Posted by inikalilah888 > 2015-02-06 11:27 | Report Abuse

Everyday drop 0.01 sen, damn...

fong7

648 posts

Posted by fong7 > 2015-02-06 16:37 | Report Abuse

big buy on 27/1 at 1.06-1.15.
recent lowest at around 0.95.
so judge your risk profile if play this.

fong7

648 posts

Posted by fong7 > 2015-02-06 16:38 | Report Abuse

book value (not RNAV) valuation is super low though, about 50% discount.

kakashi

2,943 posts

Posted by kakashi > 2015-02-07 14:07 | Report Abuse

My buying price 1.1

Posted by valueinvestor > 2015-02-07 20:40 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/02/04/Tropicana-degears/?style=biz
......Not sure jf the above article has helped kill TCB share price...
.....The management is also sleeping and not coming out to shed further light on how low its gearing would be reduced upon receiving the RM470 mil sales proceeds from Eco World anytime now....

fong7

648 posts

Posted by fong7 > 2015-02-08 00:09 | Report Abuse

i eat at 1.03 on friday. if go down below 1, waiting to eat more at 0.97

fong7

648 posts

Posted by fong7 > 2015-02-08 02:24 | Report Abuse

bought land for 1.2b then sold for 470m, that's not business, that's "business". that's why its valuation remains lowest. what to do, no integration management.

ickywin

71 posts

Posted by ickywin > 2015-02-08 15:12 | Report Abuse

Is partial of the land bought from pkns

fong7

648 posts

Posted by fong7 > 2015-02-09 03:46 | Report Abuse

i see. I thought all of it. Thanks for clarification ickywin. :)

firstsight

125 posts

Posted by firstsight > 2015-02-09 15:24 | Report Abuse

it's a great deal for TROP at all, selangor gov even want them to pay full amount for the land now~~ http://www.thestar.com.my/Business/Business-News/2014/03/20/Tropicana-sells-land-to-Eco-World/?style=biz

Seilok

54 posts

Posted by Seilok > 2015-02-09 19:04 | Report Abuse

Firstly most of the information is not accurate, it's not PKNS but PNSB, secondly they sold 1/3 of the land to EcoWorld at half the cost that Selangor Govt charge them, and thirdly they paid RM10M and some smart aleck in PNSN signed over the Power of Attorney, which is why they can sell the land to Eco.

rlch

4,142 posts

Posted by rlch > 2015-02-09 19:29 | Report Abuse

If great deal for Tropicana, why share price cannot go up?

ickywin

71 posts

Posted by ickywin > 2015-02-09 19:42 | Report Abuse

is a good deal but have to look into long terms.

erwin1987

64 posts

Posted by erwin1987 > 2015-02-10 01:09 | Report Abuse

5401 TROP TROPICANA CORPORATION BERHAD
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)

TROPICANA CORPORATION BERHAD ("TROPICANA" OR "COMPANY")
i) PROPOSED JOINT VENTURE; AND
ii) PROPOSED LAND DISPOSAL
You are advised to read the full announcement at http://www.bursamalaysia.com.

erwin1987

64 posts

Posted by erwin1987 > 2015-02-10 01:09 | Report Abuse

We refer to the announcements made in relation to the Proposed Land Disposal dated 8 May 2014, 10 November 2014 and 8 January 2015 (“Announcements”). Unless otherwise defined herein, the abbreviations used in this announcement are the same as those previously defined in the Announcements.

The Board of Tropicana wishes to announce that Tropicana Bukit Bintang Development Sdn Bhd (“TBBD”) and Agile Tropicana Development Sdn Bhd (formerly known as Offshore Triangle Sdn Bhd) (“ATD”), a joint-venture company between Supreme Converge Sdn Bhd, a wholly-owned subsidiary of Tropicana, and Agile Real Estate Development (M) Sdn Bhd (formerly known as Vista Oasis Sdn Bhd), a wholly-owned subsidiary of Agile Property Holdings Limited, to develop TBBD Land as a mixed commercial development project, had mutually agreed to extend the Approval Period for a further period of 3 months to 7 May 2015.

This announcement is dated 9 February 2015.

erwin1987

64 posts

Posted by erwin1987 > 2015-02-10 01:10 | Report Abuse

need wait another 3 month?

Posted by Jolin Lai Chi Pet > 2015-02-10 08:00 | Report Abuse

will drop below Rm1 soon................. no eye see!

kimssiat

1,088 posts

Posted by kimssiat > 2015-02-10 14:18 | Report Abuse

Jolin - why you say so?

luckyman

721 posts

Posted by luckyman > 2015-02-11 08:44 | Report Abuse

Hoping to see great Q4 result with huge extraordinary gain from Tropicana tonight...

origins

68 posts

Posted by origins > 2015-02-11 15:27 | Report Abuse

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

kudamuda

293 posts

Posted by kudamuda > 2015-02-11 15:29 | Report Abuse

luckyman, why "tonight"?

erwin1987

64 posts

Posted by erwin1987 > 2015-02-11 16:33 | Report Abuse

tonight releaseresult?

rlch

4,142 posts

Posted by rlch > 2015-02-11 19:25 | Report Abuse

luckyman, what you said is true.

erwin1987

64 posts

Posted by erwin1987 > 2015-02-11 19:28 | Report Abuse

wah,geng

Seilok

54 posts

Posted by Seilok > 2015-02-11 19:43 | Report Abuse

Result not geng..

fishbone

120 posts

Posted by fishbone > 2015-02-11 19:45 | Report Abuse

EPS 14+ sen for this Q, geng

erwin1987

64 posts

Posted by erwin1987 > 2015-02-11 19:50 | Report Abuse

Overall, Tropicana delivered solid sales performance for the year under review, chalking up new
sales of RM1.5 billion as of 31 December 2014 in addition to having secured unbilled sales of RM2.7
billion which places it in a very good position to deliver sustainable performance in 2015

erwin1987

64 posts

Posted by erwin1987 > 2015-02-11 19:51 | Report Abuse

still have unbills 2.7B sales

rlch

4,142 posts

Posted by rlch > 2015-02-11 19:52 | Report Abuse

Record revenue, EPS 24.85sen very good at current price.

Seilok

54 posts

Posted by Seilok > 2015-02-11 19:54 | Report Abuse

They show EBT, roughly we know the IBIE base on 0.6 gearing. Massive massive expense from interest. The two land and building sales better show numbers before the next result

Seilok

54 posts

Posted by Seilok > 2015-02-11 19:57 | Report Abuse

The unbilled cannot help if their projects are delayed to manage the cost

Seilok

54 posts

Posted by Seilok > 2015-02-11 19:57 | Report Abuse

The unbilled are progressive billing

erwin1987

64 posts

Posted by erwin1987 > 2015-02-11 20:01 | Report Abuse

let see tmr price

cipapo

1,288 posts

Posted by cipapo > 2015-02-11 20:57 | Report Abuse

with the billions unbilled sales....tomoro opportunity to collect low...yeah...sell to me

kakashi

2,943 posts

Posted by kakashi > 2015-02-11 20:58 | Report Abuse

There goes my investment

cipapo

1,288 posts

Posted by cipapo > 2015-02-11 21:14 | Report Abuse

OTHERS PRESS RELEASE: TROPICANA POSTS RECORD REVENUE OF RM1.97 BILLION IN 2014, CONTINUE TO UNLOCK 1,800-ACRE STRATEGIC LAND BANK THROUGH DEVELOPMENT AND ASSET SALE

cipapo

1,288 posts

Posted by cipapo > 2015-02-11 21:15 | Report Abuse

http://klse.i3investor.com/servlets/anpth/1050256.jsp

sell to me...

cipapo

1,288 posts

Posted by cipapo > 2015-02-11 22:18 | Report Abuse

total revenue for 2014 has shot up significantly...read the link carefully

jay_cwk88

484 posts

Posted by jay_cwk88 > 2015-02-11 22:27 | Report Abuse

tmr fly to above 1.3??hehe...let see

Investeye

2,347 posts

Posted by Investeye > 2015-02-11 22:59 | Report Abuse

Due to unblock sale of 2.7b and the improve of gearing ratio to 0.5, time to look closely as present price already close to bottom

kudamuda

293 posts

Posted by kudamuda > 2015-02-12 08:43 | Report Abuse

oh no.... looks no good?

cipapo

1,288 posts

Posted by cipapo > 2015-02-12 08:59 | Report Abuse

its gonna FLYY.....as expected...record profit

cipapo

1,288 posts

Posted by cipapo > 2015-02-12 09:03 | Report Abuse

damnn....why nobody sell to me hehehe....

fong7

648 posts

Posted by fong7 > 2015-02-12 09:38 | Report Abuse

eps 14.24 sen, means PE of 7.3x for 1.04 price.
unbilled sales 2.7b, market cap is 1.45b.
nav 2.14, price 1.04.
net gearing 0.5x after disposal of Tropicana mall and office.
hmm.....TP should be.....judge your own. :P

rlch

4,142 posts

Posted by rlch > 2015-02-12 10:06 | Report Abuse

Look like nobody think the latest result is good news. Perhaps no dividend news could be 1 reason. High gearing level is another reason.

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