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 inikalilah888 > 2015-02-12 10:28 | Report Abuse

salted fish....cannot see any green light

volks2

1,116 posts

Posted by volks2 > 2015-02-12 12:53 | Report Abuse

how come no up but somemore come down..

Posted by jehovahnissi > 2015-02-12 13:02 | Report Abuse

buy low sell high hehe is time to collect more

kudamuda

293 posts

Posted by kudamuda > 2015-02-12 14:20 | Report Abuse

"salted fish" <--- I like this comment.. hahahaha

kudamuda

293 posts

Posted by kudamuda > 2015-02-12 15:42 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/02/12/Tropicana-to-focus-more-on-Klang-Valley-developments/?style=biz

don't these give a feel-good factor? or just "smoke screen"?

Investeye

2,347 posts

Posted by Investeye > 2015-02-12 17:30 | Report Abuse

Take opportunity to accumulate few lots at low at RM1.03

fong7

648 posts

Posted by fong7 > 2015-02-12 22:59 | Report Abuse

This 2 days collected at 1.03-1.04

Posted by inikalilah888 > 2015-02-13 11:18 | Report Abuse

Salted fish alive???

cipapo

1,288 posts

Posted by cipapo > 2015-02-13 11:36 | Report Abuse

its coming already...stay tune

cipapo

1,288 posts

Posted by cipapo > 2015-02-13 11:36 | Report Abuse

undervalue gem

volks2

1,116 posts

Posted by volks2 > 2015-02-13 12:18 | Report Abuse

hopefully this salted fish can turn to be Empurau these few day..stay tune

Posted by nsyee28282828 > 2015-02-13 12:29 | Report Abuse

going up already!!
any chance to touch 2.00??

vitac

524 posts

Posted by vitac > 2015-02-13 12:31 | Report Abuse

1.20 also take time u want touch 2.00, too far away.

origins

68 posts

Posted by origins > 2015-02-13 14:52 | Report Abuse

There is a good chance to touch 2.00. Insiders and bankers already starting to accumulate pending some deal completion.

divine

1,153 posts

Posted by divine > 2015-02-13 14:56 | Report Abuse

origins possibily correct about accumulation

vitac

524 posts

Posted by vitac > 2015-02-13 15:39 | Report Abuse

1.4b outstanding shares, don't think is so easy to push up to RM2, need how many rounds to reach this price. About 90% current price, if can reach 1.60 already very good.

kudamuda

293 posts

Posted by kudamuda > 2015-02-13 16:22 | Report Abuse

reach 1.35 already good.. not dare to even think about 1.60

ickywin

71 posts

Posted by ickywin > 2015-02-13 17:07 | Report Abuse

my TP 1.60 still remain..hold for long term..

erwin1987

64 posts

Posted by erwin1987 > 2015-02-13 17:48 | Report Abuse

my TP 1.6 in 3 month

erwin1987

64 posts

Posted by erwin1987 > 2015-02-13 17:48 | Report Abuse

hopefully can achieve,undervalue this TROP

Fong Kh

1,837 posts

Posted by Fong Kh > 2015-02-13 17:49 | Report Abuse

erwin1987, can you pls share your thoughts?

cipapo

1,288 posts

Posted by cipapo > 2015-02-13 17:58 | Report Abuse

Tropicana is rich in asset because they own a lot of land. Property price may be stagnant....but land price especially in klang valley will only increase!..

Posted by valueinvestor > 2015-02-13 20:38 | Report Abuse

On its on-going de-gearing initiatives, Tropicana has disposed RM510m
worth of land bank and has recently signed an agreement to dispose its
Tropicana City Mall and Office Tower worth RM540m. Tropicana has also
signed four SPAs to dispose four pieces of land worth RM633m. We
forecast its net gearing to fall to 0.45x in 2015E vs. 0.68x in 2014.
(source: Affin Hwang Investment Bank)

fong7

648 posts

Posted by fong7 > 2015-02-14 04:55 | Report Abuse

unlocking assets value is the key driver for this stock.
if it continue unlocking, price will move up.
if slow to unlock, price can't move.

rlch

4,142 posts

Posted by rlch > 2015-02-14 14:57 | Report Abuse

Where is reward for shareholders? When can declare dividend or free warrant?

cipapo

1,288 posts

Posted by cipapo > 2015-02-14 22:22 | Report Abuse

this stock easily hit 1.20 soon....currently very undervalue

fong7

648 posts

Posted by fong7 > 2015-02-15 05:45 | Report Abuse

rich, free warrant is nothing good at all, that's simply eps dilution. no?

fong7

648 posts

Posted by fong7 > 2015-02-15 05:47 | Report Abuse

i think the market mainly watching its gearing. if able to lower to below 0.4x, i bet share price can shoot up at least 30%. haha!

Dentist

49 posts

Posted by Dentist > 2015-02-15 05:58 | Report Abuse

the market is watching it go down really bad,

ickywin

71 posts

Posted by ickywin > 2015-02-15 11:26 | Report Abuse

rIch, thanks for sharing..a good info for share holder..Gong Xi Fa CAi to all :)

Posted by nsyee28282828 > 2015-02-16 19:13 | Report Abuse

recently, 23.5mil shares changing hands at 1.05, who are the transacting parties??

good news for this company?

Posted by valueinvestor > 2015-02-16 20:13 | Report Abuse

Fong7, you are right. The whole market and the analysts only look at its gearing ratio and ignore all other good things and the potentials of Tropicana. What a pity for Tropicana which is a bad name in Cantonese dialect, (very tough)

Most people just choose to ignore the good profits ( be it from fair value gains, land sales or operating profit) over the last 3 years, its superb prime land banks and huge potential GDVs.

Morale of the story: Don't pick a wrong name for the company. And its public relation department or its CEO must be able to sell and articulate the growth story and potential regularly to the public via newspapers.

erwin1987

64 posts

Posted by erwin1987 > 2015-02-16 20:13 | Report Abuse

nsyee,how did u see ?

cipapo

1,288 posts

Posted by cipapo > 2015-02-16 23:08 | Report Abuse

good buy at this price

Posted by nsyee28282828 > 2015-02-17 11:05 | Report Abuse

erwin1987, came out the news in the edge financial last week.

Posted by nsyee28282828 > 2015-02-17 11:06 | Report Abuse

employee in dilemma, esos price is 1.32

making losses now

not sure their bonus can cover this losses or not?

Posted by inikalilah888 > 2015-02-17 14:53 | Report Abuse

Ham yu ah ham yu...

erwin1987

64 posts

Posted by erwin1987 > 2015-02-17 16:17 | Report Abuse

trop accumulation at 1.05

Posted by Luckyjing88 > 2015-02-17 16:53 | Report Abuse

I want angpao

Posted by nsyee28282828 > 2015-02-17 17:25 | Report Abuse

for one ESOS option their staff loses 27.0 cts, if 10k options means RM270.

Seem difficult to get ang pao now in the year of HORSE, tomorrow half day trading; hopefully there is CNY rally in the year of GOAT!! pray for it..

maybe it will rise upon the receipt of the balance of 540mil from the purchaser of Tropicana Mall later. but in several months later..

Posted by nsyee28282828 > 2015-02-17 17:27 | Report Abuse

if the Bonus not good it is another set back
any Trop staff here, want to comment?

divine

1,153 posts

Posted by divine > 2015-02-17 17:37 | Report Abuse

some quarter picked this as a contra stock.
tomorrow may have a pleasant surprise?

tklim

3,205 posts

Posted by tklim > 2015-02-17 22:10 | Report Abuse

Analyst detected that TROP is uptrend.....Kenanga can't be wrong...they are pudent in giving TP....

Support Level 0.970 TARGET 1.15/ 1.26/1.38 ....

tklim

3,205 posts

Posted by tklim > 2015-02-17 22:56 | Report Abuse

The government stress that no more cooling measure for property in 2015.

Reason being 70% of Malaysian with properties wanted property price to move higher, versus only 30% of Malaysian that do not own property and wish to see property price down which is not happening. Therefore government is with the 70% majority.

Demand still exceed supply.......In Malaysia all developers combined can only construct 300,000 houses per year.....Population keep increasing.....divorce rate increasing......graduates increasing...
can't avoid...price of property keep increasing.....

Property prices keep rising.....developer make more money and more profit...

lately property/construction stocks gaining momentum....Mitra is a classic example.....Gained 60% within one month..

cipapo

1,288 posts

Posted by cipapo > 2015-02-17 22:59 | Report Abuse

tropicana will fly soon

tklim

3,205 posts

Posted by tklim > 2015-02-18 09:11 | Report Abuse

See Mah sing...Mitra.....TROp....all property stock uptrend.....

Posted by valueinvestor > 2015-02-19 17:03 | Report Abuse

Tropicana reported RM333 mil net profit for FY2014 and its market capitalization is less than RM1.5 bil, trading well below its NTA.
Eco World reported RM7 mil net profit for FY2014 and its market capitalization is close to RM2.9 bil, trading well above its NTA.
This may be the biggest shame to the boss and the management team of Tropicana Corp.
Its weak share price is a clear reflection of the public doubt and lack of confidence in the company.

Why the analysts are so critical about the gearing ratio of Tropicana despite the company consistently churning out good profits for the last few years, not to mention that it can always monetize its superb prime land banks to de-gear accordingly? There are many other companies which are more highly geared than Tropicana but they are still highly recommended by the analysts. Weird??
Can't the management team justify to fund managers and analysts that Tropicana can manage its gearing and cash flow comfortably for the next 3 years???
http://klse.i3investor.com/servlets/stk/fin/8206.jsp
http://klse.i3investor.com/servlets/stk/fin/5401.jsp

Investeye

2,347 posts

Posted by Investeye > 2015-02-19 22:10 | Report Abuse

Because of this, it is provided a golden opportunity to accumulate this share. Just patiently to wait for harvest it....

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