Posted by darrenliew > 2015-11-22 11:44 | Report Abuse

HISTORICAL DATA on P.T.(price target)

Market prices

HIGH 2.24 (OVER 2 YEAR PERIOD)

0.94 TO 1.28 (52 WEEK RANGE)


PRICE TARGET

1.10 TO 1.80 (ASSIGNED BY VARIOUS ANALYSTS)

(comments of this wide range: Kenanga gave 1.10 after discounting 72% from its RNAV , etc
based on the current property recession in Iskandar and
Trop/s earlier proposal to buy the Plentong land for rm444M and i its possible exposure to its proposed GDV of rm3.7B (if the land
purchase is completed. HOWEVER, THIS DEAL WAS TERMINATED A FEW WEEKS AGO). THE MAIN REASON FOR KENANGA'S EXCESSIVE DISCOUNTING @ 72% TO ARRIVE AT THE PT OF 1.10 IS NO LONGER VALID AS THE DEAL WAS ABORTED, MOST ANALYSTS USE A DISCOUNT OF 50%. BASED ON SOME ESTIMATE OF TROP'S RNAV OF 2,60, THEY GAVE A PT OF 1,80)

Bonescythe.blogspot,com arrived at its price target of rm1.40 based on its very detailed analysis in 10 April 2015.

Posted by cjm99 > 2015-11-23 14:31 | Report Abuse

a company has realized so many promises, Tropicana mall and office tower, canal city land and bukit bintang land and one explosive factory sold. but the share price just heading south. the only answer is manipulation, bad reputation in market. I'm not to propagate negative view but a truth.

Posted by sharebuyback > 2015-11-23 14:47 | Report Abuse

Please get aggressive.

Posted by cjm99 > 2015-11-23 19:09 | Report Abuse

Yes, now trop is in a very good position to proceed the second pp.

Posted by Michael Wong Yew Kong > 2015-11-23 20:31 | Report Abuse

lmao. simon bro, u ok !!

Posted by aunloke > 2015-11-23 20:31 | Report Abuse

In that case load the warrants.

Posted by hng33 > 2015-11-25 12:22 | Report Abuse

Bought more trop at 95sen

Posted by Tsuto > 2015-11-25 13:19 | Report Abuse

Hng33 your target price is?

Posted by JimYeoh > 2015-11-26 12:25 | Report Abuse

just bought in!

Posted by JimYeoh > 2015-11-26 16:19 | Report Abuse

*DING

Posted by hng33 > 2015-11-26 16:58 | Report Abuse

Q3 result should be release today or tomorrow, expect share price should react positively to trade above RM 1.00

Posted by hng33 > 2015-11-26 18:02 | Report Abuse

Hahaha, as expectmed, interim dividend declare.....but muchexpect than my expection...5 sen

Posted by antidebt > 2015-11-26 18:36 | Report Abuse

very high debt. No good.
tropicana become trap-icana
don't kena trap and attracted by 5 sen dividend.
this is a very low profile company. the main shareholder holding more than 70% and don't intend to push up the share.

Posted by hng33 > 2015-11-26 18:38 | Report Abuse

New property sales up to first 9 month, RM 1.3 billion, total unbilled sales RM 3.1 billion, reduce borrowing gearing significantly from 0.68x to now just 0.28x, declare 5sen interim dividend, nta RM 2.17

Posted by Loopy > 2015-11-26 18:52 | Report Abuse

Because the boss conman, nobody trust liao

Posted by antidebt > 2015-11-26 19:03 | Report Abuse

even their group MD already give up and resign, What make u so confident to buy stock ? Good prospect ? or u willing to kena trap.

http://www.thestar.com.my/Business/Business-News/2015/11/04/Kong-resigns-as-Tropicana-Corp-group-MD/?style=biz

Posted by ahbeng > 2015-11-26 19:14 | Report Abuse

Cash stood at RM0.60 sen/share and now only cost RM0.35 sen/share, where else to buy such cheap counter.

Posted by hng33 > 2015-11-26 19:55 | Report Abuse

With such impressive result, higher new sale RM 1.3 billion acheieved, accumulate unbilled sale of RM 3.1 billion ensure for next 3 year earning visibility, more than double increment in cash hoard + reduce borrowing, pare down borrowing cost have significantly improved gearing level to just 0.28x, better interim dividend payout of 5 sen + next upcoming final dividend, total dividend yield already more than 7%.....trop share price will get booster tomoorow, expect increase at least 10% share price tommorow.

Posted by ks5S > 2015-11-26 20:24 | Report Abuse

morning-morning i will buy at 0.955 and faster sell at 0.97
untung 1.5 sen also jadi-lah. This one i learn from my sifu hng one.
Better don't hold for dividend b;cos ex-date is 24th dec.
maybe fed hike the rate, share price drop 8 cent, then i have to pay 3 cent dividend back to trapicana.

Posted by tksw > 2015-11-26 20:51 | Report Abuse

aiya, today no guts to buy. sayang liao

Posted by mani_cum > 2015-11-26 21:29 | Report Abuse

So many " sin kah ling gum " here talk bad on this counter. Wonder what is their intention all about ?

I think the management purposely TRAP u all so that they can pass u dividend. Any how thanks for the 4K dividend and willing to buy more if " on SALES " price still valid.

Posted by danny_tan > 2015-11-26 22:11 | Report Abuse

Interim dividend is 5 sen ex-date 9th Dec. There is another final dividend at least 2 sen because all land disposals yet to be booked in 3rd qtr.

Posted by tksw > 2015-11-26 22:11 | Report Abuse

hng33 sifu, do you think the sales of Bukit Bintang land has been booked into Trop's Accounts in the just released Qtr Report? How about the sales proceeds?

Posted by danny_tan > 2015-11-26 22:13 | Report Abuse

Going forward Tropicana degearing exercise will reduce interest expense as well bring profit which shareholders will be rewarded through dividend.

Posted by hng33 > 2015-11-26 22:31 | Report Abuse

Bukit bintang land sale have yet to book in latest Q3 result as the completion date was oct, therefore, the land net gain RM 144m or 10sen/ share will only record in Q4, therefore, investor can expect even better EPS in next quarter result

Posted by hng33 > 2015-11-26 22:34 | Report Abuse

Trop share price will move up with first target at 1.05, if exceed, next target at 1.10 follow by 1.15. All in, investor can expect minmium profit 10% gain to 20% gain based on current share price 95.5sen

Posted by ks5S > 2015-11-26 22:34 | Report Abuse

talk until cow come home , tropicana is still trapicana

Posted by hng33 > 2015-11-26 22:38 | Report Abuse

Hahaha

Posted by tksw > 2015-11-27 00:12 | Report Abuse

TQ hng33 sifu.

Posted by LookforFuture > 2015-11-27 04:22 | Report Abuse

hit and run ... hold till dvidend . war is coming , share market not really good to invest for now .

Posted by Loopy > 2015-11-27 06:51 | Report Abuse

Hng33 ask to buy when it was 1.xx aiyoyo

Posted by Investeye > 2015-11-27 07:50 | Report Abuse

The q result will give a boost to present share price.


KUALA LUMPUR (Nov 26): Property developer Tropicana Corp Bhd ( Valuation: 1.50, Fundamental: 1.00), which recorded a fourfold jump in third-quarter net profit, said it is on track to exceed the previous financial year's total sales of RM1.5 billion in the current year to Dec 31, 2015 (FY15).
"Despite a slower property market, Tropicana delivered commendable sales performance in the first nine months of its current financial year, chalking up new sales of RM1.26 billion with unbilled sales at a record of RM3.1 billion as at end-September 2015," it said in a statement today.
"The group's integrated mix township developments projects in the central region continue to draw healthy interest, especially for landed properties in Tropicana Aman, Shah Alam, and Tropicana Heights, Kajang, where new launches in the year to date attracted good take-up rates from buyers," it added.
Tropicana's net profit surged to RM151.78 million or 10.49 sen per share for the three months ended Sept 30, 2015 (3QFY15) from RM29.52 million or 2.12 sen per share a year ago, on gains from the disposals of investment properties and a subsidiary.
This was despite revenue for 3QFY15 falling 18.7% to RM244.58 million in 3QFY15 from RM300.73 million in 3QFY14, due to lower work in progress in the property development segment in the quarter under review as a number of the group's projects were in the early stages of construction.
Tropicana also declared a first interim dividend of 5 sen per share for the financial year ending Dec 31, 2015 (FY15), payable on Dec 23.
For the nine-month period (9MFY15), the group's net profit rose 53.2 to RM194.23 million or 13.54 sen a share from RM126.8 million or 9.56 sen a share in 9MFY14.
Revenue for 9MFY15 also jumped 10.9% to RM947.83 million from RM854.88 million in the previous year.
Net gearing also improved considerably to 0.28 times shareholders' funds as at end-September, against 0.68 times in end-December 2014.
Going forward, Tropicana believes there will still be demand for landed properties and integrated developments in good locations with great accessibility and attractive pricing.
"Tropicana's strategy for 2016 will continue to be market driven and adapt to market demand while focusing to unlock value of its land bank in the Klang Valley, as well as those in the northern region," it said.
The group has a total land bank of more than 1,600 acres across Malaysia, with future gross development value of over RM50 billion.
"Together with high unbilled sales and a strengthened balance sheet, the group is positioned to deliver sustained performance in the near future" said Tropicana.
The stock closed one sen or 1.06% at 95.5 sen today, bringing a market capitalisation of RM1.38 billion.

Posted by Good_buy > 2015-11-27 09:07 | Report Abuse

DY 9.9% which other other counters offer such high DY?

Posted by Good_buy > 2015-11-27 09:10 | Report Abuse

If buy MRCB 30 sen more how much is DY?

Posted by Good_buy > 2015-11-27 09:11 | Report Abuse

5 sen interim dividend. If final dividend also 5 sen meaning 10 sen dividend?

Posted by ks5S > 2015-11-27 09:26 | Report Abuse

sold at 0.985. Make small profit. Free-up capital and move to other counter. Thank you sifu hng for teaching me.

Posted by Good_buy > 2015-11-27 09:40 | Report Abuse

Market not good. If not easily above RM 1.

Posted by Good_buy > 2015-11-27 09:41 | Report Abuse

NTA RM 2.17 meaning if Tropicana sell all assets we get RM 2.17 cash?

Posted by JimYeoh > 2015-11-27 09:47 | Report Abuse

wait for afternoon session play!

Posted by hng33 > 2015-11-27 09:51 | Report Abuse

Trop worth for holding for attractive dividend yield more than 7% :D)

Posted by hng33 > 2015-11-27 10:00 | Report Abuse

Tropicana posts 3-fold increase in net profit

http://www.thestar.com.my/Business/Business-News/2015/11/27/Tropicana-posts-3fold-increase-in-net-profit/?style=biz

Highlight 1:
The company said cash proceeds received totalled RM1.07bil year-to-date, arising from the strategic disposal of non-core assets and investment properties undertaken over the past year.

Highlight 2:
Trop chalked up new sales of RM1.3bil, with unbilled sales at a record RM3.1bil for the nine-month period.

Posted by antidebt > 2015-11-27 10:04 | Report Abuse

sold . tq

Posted by hng33 > 2015-11-27 10:05 | Report Abuse

Bought more Trop at 98sen

Posted by hng33 > 2015-11-27 10:13 | Report Abuse

Bought maximum Trop at 98sen, turning it become second largest holding in my portfolio

Posted by antidebt > 2015-11-27 10:14 | Report Abuse

lousy counter. Eat shit counter

Posted by hng33 > 2015-11-27 10:20 | Report Abuse

hahaha

Posted by Loopy > 2015-11-27 10:53 | Report Abuse

Aiyo hng33 bought at 1.xx now say 98

Posted by Loopy > 2015-11-27 10:53 | Report Abuse

But nevermind it will be 96 again

Posted by tksw > 2015-11-27 11:11 | Report Abuse

hng33 sifu, I no money, I got money I follow you to buy.

Posted by antidebt > 2015-11-27 11:13 | Report Abuse

luckily you no money.
If not kena trap kaw-kaw