TROPICANA CORPORATION BERHAD

KLSE (MYR): TROP (5401)

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Last Price

1.18

Today's Change

-0.02 (1.67%)

Day's Change

1.18 - 1.19

Trading Volume

1,747,200


9 people like this.

11,004 comment(s). Last comment by DreamGuardian 3 weeks ago

marvels

6 posts

Posted by marvels > 2018-07-05 17:48 | Report Abuse

KUALA LUMPUR: Kuala Lumpur Kepong Bhd's (KLK) group chief financial officer (CFO) Soon Wing Chong has resigned from the plantation company with effect from June 30.

It said on Monday that Soon's resignation was to pursue other career opportunities.

Following his resignation, Leong Sean Meng shall be the acting group CFO with immediate effect.

“He shall also continue in his current role as group chief accountant,” it said.

image: https://content.thestar.com.my/smg/settag/name=lotame/tags=

KL Kepong said Leong holds a Bachelor of Science degree (Honours) majoring in mathematics and physics from the University of Malaya and qualified as an accountant from the Malaysian Institute of Certified Public Accountants. He is also member of the Malaysian Institute of Accountants.

Prior to joining KL Kepong, he was an accountant in the public accounting firm of Coopers & Lybrand for 10 years.

Leong has been with KLK group since 1991 and was appointed group chief accountant on Oct 1, 2016.

Read more at https://www.thestar.com.my/business/business-news/2018/07/02/kl-kepong-group-cfo-soon-wing-chong-resigns/#fPIVj1ezs8rhjqe5.99

Soon Wing Chong joining Tropicana.

curious2

1,812 posts

Posted by curious2 > 2018-07-05 19:10 | Report Abuse

Why no Bursa announcement? Is it convert from property land to agricultural land or will Trop buy new land?

Posted by marvels > Jul 5, 2018 01:35 PM | Report Abuse
Tropicana will be diversifying into the pineapple plantation business.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-07-16 17:51 | Report Abuse

This trop already crazy .
No matter how much the price keep.buying 91sen also sapu a lot .
What is going on
Trop want you want to do next ?

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-16 22:21 | Report Abuse

Looks like daily share buy back to push up price slowly.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-07-16 22:24 | Report Abuse

hope so
all the best for those loyal holders

Hello99

24 posts

Posted by Hello99 > 2018-07-17 08:50 | Report Abuse

haha....after a while maybe 950 will drop to 850 again ...usually like this BJLAND, TAGB and etc.

ahbeng

38 posts

Posted by ahbeng > 2018-07-17 10:30 | Report Abuse

Another round major shareholder disposed shares and company buy back, I think this round Trop is serious to push up the share price. Bucket up Pals~

Posted by kyy_superinvestor > 2018-07-17 13:07 | Report Abuse

is this healthy? company buyback pushed up the price then the substantial shareholder dispose.....

rlch

4,142 posts

Posted by rlch > 2018-07-17 13:16 | Report Abuse

DT bought before but Trop drop. Now dispose but up. Which 1 better?

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-17 14:00 | Report Abuse

Danny Tan has to sell down in order for Company to continue share buy back so as to maintain the minimum 25% public spread. If the public spread level dips below 25% the Company's risk been suspended and ultimately delisted.

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-17 16:25 | Report Abuse

To close at 0.925 or 0.93 today?

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-17 17:51 | Report Abuse

Closed at 0.93, did anyone sell?

Sami_Value

430 posts

Posted by Sami_Value > 2018-07-17 18:33 | Report Abuse

red flag....dump this tapioca

owner dumping at the expense of company buyback

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-17 18:44 | Report Abuse

Sami Value, have you resigned as Special Envoy to India?

Sami_Value

430 posts

Posted by Sami_Value > 2018-07-17 18:51 | Report Abuse

go ask Samy Vellu lar, why you ask me ?

my name not same mar even though it sound like one but ejaan tak sama la, adui

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-17 18:56 | Report Abuse

Hahahaha, muka serupa.

Sami_Value

430 posts

Posted by Sami_Value > 2018-07-17 18:57 | Report Abuse

korean made. you want the contact? kikikiki

Posted by sharebuyback > 2018-07-18 15:32 | Report Abuse

SBB stop today? Sami_Vellu is BN why come to PH ctr?

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-18 15:48 | Report Abuse

Sami Value already switched side to PH.

apolloang

18,163 posts

Posted by apolloang > 2018-07-18 15:50 | Report Abuse

miss soo already switched to perai....hehe

Darren

343 posts

Posted by Darren > 2018-07-18 16:36 | Report Abuse

still have magic today on the last trade?

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-18 16:41 | Report Abuse

Danny Tan didn't sell means no share buy back.

ocpd

762 posts

Posted by ocpd > 2018-07-18 20:54 | Report Abuse

Tropicana will go fully into plantating musang king, since real estate is dying.

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-18 21:10 | Report Abuse

Also into Rambutan.

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2018-07-18 21:13 | Report Abuse

and lychee too

tapioca

2 posts

Posted by tapioca > 2018-07-18 21:19 | Report Abuse

name already Tapioca Bhd, sure venture into planting tapioca la

why speculate musang king & rambutan le?

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2018-07-18 21:41 | Report Abuse

Does not need the costly refinry ? summore no need to hustle in the city skyline.
just sit back and enjoy the fruit to drop, dropicana ma.

just joke haha.

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-07-19 11:48 | Report Abuse

Buyback or not, dont matter, ill be buying i think.

Just need to convince myself i should not load up more on rcecap.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-07-19 17:37 | Report Abuse

Actually Tropicana quite pitty .
Many lousy counters keep break high records .
No matter lost or profit keep going up
Because now with bull
But this handsome Tropicana just dun know what is going on
I only can say all the best for Tropicana

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2018-07-19 20:07 | Report Abuse

danny seems strong (strongman), solo tank price .
another parabolic sir at 1-2m should be sufficient.

5354

375 posts

Posted by 5354 > 2018-07-19 21:13 | Report Abuse

Why DT keep selling? Public spread 25% still not meet? % SBB cannot include right?

5354

375 posts

Posted by 5354 > 2018-07-19 21:16 | Report Abuse

Why 25.14% public spread not in compliance?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5756253

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-19 21:21 | Report Abuse

The total number shares is excluding treasury shares. Each time share buy back takes place the total number of shares shrink and if Danny doesn't sell, his shareholding percentage will increase above 75% resulting in public spread below 25%.

Posted by Fabien Extraordinaire > 2018-07-19 21:30 | Report Abuse

Meaning DT selling spree would continue?

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-07-19 21:33 | Report Abuse

Lol, the guy should just queue 20 million shares to sell at current market price, and have tropicana buy it.

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-20 12:15 | Report Abuse

Bought at 0.88 today.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-07-22 15:49 | Report Abuse

tropocana is poor and boss is pity, be sorry, commiserate, be apologetic, feel badly for tropicana

I feel is the most pitty

good results and strong cash .
But never get any little bit luck during Bursa hot time for many years not only this bull last few years also

like I said many loss company share price can limit upppppppppppppppppp
for best example is Sendai
Sendai last time loss until want die liao but got people promote Sendai price up from 45sen until near 1.50sen

So Tropicana keep improve but share price keep going lowest history

If I got enough money I will push up Tropicana to 1 ringgit

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-22 18:55 | Report Abuse

Information is now out that Danny Tan sold 1.2 million shares at 0.82 in two tranches of 600,000 shares on 11/7 and 16/7 off market in direct dealings, most likely to a friendly party.

Posted by Fabien Extraordinaire > 2018-07-22 21:00 | Report Abuse

i'm still queuing to buy.

Posted by Fabien Extraordinaire > 2018-07-23 14:43 | Report Abuse

bought at 88sen too. good number.

TheContrarian Bought at 0.88 today.
20/07/2018 12:15

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-07-23 19:12 | Report Abuse

I think 0.88 is the lowest price one can get at the moment during this short consolidation period before it resumes uptrend.

Posted by Fabien Extraordinaire > 2018-07-23 19:45 | Report Abuse

i hope it goes up soon. other prop stocks Tambun and Mahsing had went up.

i_investor

934 posts

Posted by i_investor > 2018-07-24 12:12 | Report Abuse

well said, enid888, exactly !! well said !!! thumbs up for you enid888 !!!

ivan9511

3,854 posts

Posted by ivan9511 > 2018-07-24 13:05 | Report Abuse

IVan another chuna chuan call
Ivan call buy when 83sen
yes

Ivan currently many chun chun stock from bottom tolimit upppppppppppppp

example , Mitra , Myeg , Wct , Ytl , Ytlp ,Tambun , Ksl

Ivan Now Only kena pull leg By Tropicana and sohai MRCB

ivan9511

3,854 posts

Posted by ivan9511 > 2018-07-24 13:09 | Report Abuse

Ivan Now Only kena pull leg By Tropicana and sohai MRCB

Ivan Now Only kena pull leg By Tropicana and sohai MRCB

Tropicana is pitty watch kls tambun mahsing up
but alone stay below 90sen

no eye see you

limch

3,262 posts

Posted by limch > 2018-07-25 12:20 | Report Abuse

Lim Wee Chai(Tan Sri) is famous in Top Glove. Why he choose Tropicana to buy from 100 over listed property companies?

limch

3,262 posts

Posted by limch > 2018-07-25 12:23 | Report Abuse

EPF bought Germany properties bec no confidence in local property?

Posted by Fabien Extraordinaire > 2018-07-31 15:06 | Report Abuse

what's happening to our Trop? @TheContrarian

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