I cannot brain it as well and it is definitely worth a buy.

My gut tells me their insiders/cronies are holding this sukuk (they didn't accept the offer to switch to the other bond) and are laughing to the bank.

There doesn't seem to be any legitimate reason to keep it in the market and pay the step up rates.

Wow, that is an interesting thought.

Super unethical if true!

I think you guys are too emotional and angry
Call back or not is in our own hand now...

You want call back now easy...

Can always sell our sukok now ....and price rm100 or more...and go back to buy the perpetual bond ....now selling below rm100. The door is open wide....

I would only be outraged if the price of our sukok now is under water and price of the perpetual bond above rm100.00 that is where you can say you are being played out by Tropicana....logic or not you think about it...

Not angry, just want to know investment possibility now, and the risks.

I did not see any buyers in FSM1 for the perpetual bond the times I have checked, but now Isee
got buyer at 98.00...

Bond market yields have plunged since mid year, can hardly get RM papers yielding more than 4%; this perpetual has become more attractive.

This post has been edited by BWassup: Oct 16 2025, 04:11 PM

if u ask me choose between the old perpetual bond and the new converted sukok,
i take new sukok.

if you take the same view,...then we should thank Tropicana

not calling back no problem
sell our sukok we can get more money
than the call back

also no reason to jealous previous bond holders
paid 9% coupons

if we want we can also get that... just buy
at cheaper price some more!
below RM100.

so no matter how i look at it also i cant find a reason
to feel being played by Tropicana

Thanks for sharing.

For the 10% Perp, atm there is a buyer at 98.00 for 250k, but there are no sellers (I didn't see any when I checked b4), so maybe in practice it's not that easy to buy, unless one offers a higher price. I believe the current buyer is FSM1 as it is disclosed that it's the principal. So there is no open market system yet, we only deal with the Principal?

Does the system allow a buyer to input whatever is his desired price and quantity, or does he have to follow the current price of 98.00 (and join the Q)?

This post has been edited by BWassup: Oct 16 2025, 07:26 PM

Anybody taking up the Tropicana 3 year coupon 5.8% bond? Keep postponing, but a few days only la

This post has been edited by hedfi: Nov 7 2025, 01:28 PM

💥 1-Year Bond Pre-Booking Now Open

📌 Issuer: Singer (M) Sdn Bhd
🌞 Rating : A by MARC
💰 Currency: MYR
⏳ Tenure: 1 Year
💵 Price: 101.05
🎯 Coupon: 7% p.a.
📈 YTM: 5.90%

What do you guys think?