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2024-06-07 19:36 | Report Abuse
Crescendo is on upward swing pending Q1 result. Will it give special dividend again? No point keeping too much cash with latest payment received from Microsoft.
All 4 land transactions already completed. Just hope next land sale is coming soon.
2024-06-07 19:31 | Report Abuse
Glomac uptrend remains intact. Just wait to see which direction it will move next week.
2024-06-07 19:28 | Report Abuse
Paramount fast recovery in share price together with volume. Up to you to predict how it should move next week.
2024-06-07 12:11 | Report Abuse
Share price performance Lagenda vs Paramount. Which one will give better return in next 6 months?
https://klse1.i3investor.com/servlets/stk/chart/7179.jsp
https://klse1.i3investor.com/servlets/stk/chart/1724.jsp
2024-06-07 12:06 | Report Abuse
Comparing it with Paramount, you will see Paramount pays good dividend consistently and very prudent management.
2024-06-07 12:02 | Report Abuse
Lagenda building houses in rural area. All development in 5 states are cheap houses less than 250k.
https://lagendaproperties.com/our-development/
2024-06-06 22:55 | Report Abuse
Yes! Buy when it is cheap.
So I only bought when it was at 19 sen!
Don't buy now. It is not a value buy.
Just wait till it is 19 sen again.
2024-06-06 18:01 | Report Abuse
Comparing Lagenda with Paramount, you should go for Paramount.
2024-06-06 12:32 | Report Abuse
What if I tell you my average cost was only 40 sen?
Buy when price is low.
Buy low sell high. Very low risk.
Buy high sell higher. This is recommended by so-called Sifu.
2024-06-06 06:54 | Report Abuse
2024-05-31 20:20 | Report Abuse
Atera Phase 1 is in full swing. Targeting young working professionals. Phase 1 consists of 756 units.
https://www.youtube.com/watch?v=PfScSPU9PwQ
https://paramountproperty.my/the-atera/site-progress/
2024-05-30 10:52 | Report Abuse
WCity OUG and Larkinton JB projects will spearhead profit growth.
2024-05-30 10:51 | Report Abuse
WCT can only getting better from now on. Previous QR loss was because earlier profit was restated in that QR.
2024-05-30 09:43 | Report Abuse
Taking Atwater Service Residence as example (selling at rm 1100 psf) all were sold prior to VP in May 2024, Ashwood is for the super rich, and super rich won't be much affected by market environment.
2024-05-30 09:38 | Report Abuse
I do agree I have overlooked at the Ogive Graph of construction of Atwater, Berkeley Uptown, Atrium and Sinaran, all were at the tail end of development just prior to VP. Lesser work done other than finishing touch-up. How to send progress billings to the purchasers?
Atera Phase 1 is full swing, surely can send more progress billings to the purchasers.
New high value developments (Ashwood and Atera Ph2) will propel Paramount to greater height.
2024-05-30 09:22 | Report Abuse
New launches amounting to 2.4 billion is taking place in first half of FY 2024, all are just the extension of existing projects.
2024-05-30 09:14 | Report Abuse
https://www.pcb.my/wp-content/uploads/2024/03/PCB-FY2023-IR-and-media-briefing-Final.pdf
Can have more inside information on Paramount
2024-05-30 08:54 | Report Abuse
Paramount revenue and profit falls short for following reasons :
"Amongst the factors that had contributed to the lower revenue in 1Q 2024, compared to the sameperiod last year, were the lower work progress and sales. As for work progress in 1Q2024, the Group's sizeable projects such as Sinaran and Sinaran Avenue that are both located at Utropolis Batu Kawan in Penang, and also Phase 1 of Uptown Residences at Berkeley Uptown in Selangor, were at the final stages of completion resulting in comparatively lesser work completed this quarter.
On the other hand, the property segment sold properties with a gross development value (GDV) of RM101 million in the first quarter of 2024, 65% lower as compared to RM292 million in the same period last year.
The decline in sales was in line with fewer properties available for sale partly due to deferment in launches and delays in obtaining approvals from the authorities."
In addition to the above, CNY holidays also cut short working days and enforcement acted upon migrant workers did affect on the progress of work done. If you know Ogive Graph for construction works, you should note the faster construction work is done at the middle span with higher Progress Billing corresponding the the work done. Just have to note Unbilled Sales still stand at 1.2 billion, the faster you build, the faster is the conversion from Unbilled Sales to become revenue. Money not coming in this Quarter, but will come in next quarter. New projects in Ashwood (next to Atrium in Ampang Hilir) was launched in May, and Atera Phase 2 (3 more blocks of TOD next to Asia Jaya LRT Station) will definitely be great success to Paramount.
2024-05-28 23:15 | Report Abuse
Plenitude will continue to make good profit from property development as land cost is extremely low. Hotel operations are just addition toppings. More important considerations are the sustainable property development over many more years into the future and the strong cash flow.
2024-05-28 23:07 | Report Abuse
Whether UEMS makes 0.3 sen or 0.16 sen is not an issue. As long as it is not making loses, you can safely ignore the profit. You are not buying UEMS for its profit or dividend, but for the value of its land in Nusajaya.
2024-05-27 18:46 | Report Abuse
Kimlun got another high rise project for rm 143 million.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3450387
2024-05-27 18:37 | Report Abuse
Plenitude 3 quarters made 16.4 sen, NTA 4.41
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3450250
2024-05-27 14:25 | Report Abuse
Sunak will no longer UK PM after July election.
2024-05-27 14:23 | Report Abuse
2024b military drill very soon. Taiwan is fast becoming Ukraine.
2024-05-27 10:29 | Report Abuse
Gadang breaks new high with big volume. It fulfill the TVVA criteria. Can buy more now to get a free ride.
2024-05-27 10:25 | Report Abuse
EWInt is now at 43.5 sen. Paramount bought for 33 sen. Paper gain already more than 30%.
2024-05-27 09:52 | Report Abuse
As it is approaching announcement of Q1 result, Paramount is gaining traction to speed up the legendary ascending process. What do you have to say now? Act fast and not to be left out!
2024-05-27 08:57 | Report Abuse
Glomac looks promising. Should gradually moving up. TP 70 sen by year end.
2024-05-24 19:39 | Report Abuse
When is drill turns into offensive? All depends on how Lai carry himself. There might be no more 'Taiwanese Election' in 4 years time.
2024-05-24 19:26 | Report Abuse
Earning per share 10.34 sen, NTA rm 7.29, last year dividend paid 18 sen per share. This year will be better as APM is reporting a better result.
2024-05-22 14:18 | Report Abuse
Taiwan is gearing itself to self-destruction. Courting war on China will make reunification speed up the process.
2024-05-22 14:15 | Report Abuse
I thought Bloomberg can produce a better video on 'How battle of two old men can bring US to Holland'.
2024-05-20 10:49 | Report Abuse
I can wait for it to become State Champion before selling. Cheers!
2024-05-20 10:44 | Report Abuse
Suddenly all IBs gave buy call on SP Setia. I am more interested on industrial development at Setia Alaman (399 acres), next to Klang Sentral in the Klang Valley. Industrial land is now selling at rm 140 - 160 psf (or rm 6.5 million per acre). Also striking my mind is industrial development of 307 acres in Tanjung Kupang, beside 2nd Link Johor Baru. It should be sell at around rm 150 psf or rm 6.5 million per acre.
My Kampong Champion is now elevated to District Champion before promoted to State Champion very soon.
2024-05-20 10:04 | Report Abuse
I will consider to sell after it crosses 1 ringgit. So big volume coming with moderate price hike. Still can wait for a while after receiving 3.5 sen dividend.
2024-05-20 09:59 | Report Abuse
Paramount Q1 result will be out within next few days. Still not too late to join the party.
2024-05-19 15:43 | Report Abuse
SP Setia waiting for payment amounts to rm 620 million from 2 land disposals within Q2 reporting period.
We expect price will continue to move upwards.
1. On 19 June 2023, the Company’s indirect wholly-owned subsidiary, Petaling Garden Sdn Bhd
entered into three (3) inter-conditional sale and purchase agreements (“SPAs”) with the following
three (3) wholly-owned subsidiaries of Mah Sing Group Berhad to dispose of approximately 500
acres of freehold land situated in Mukim Beranang, Daerah Ulu Langat, Selangor for a sale
consideration of RM392,040,000.00:
The conditions precedent of the SPAs were met on 21st March 2024, but the legal completion of the
SPAs is pending full settlement of the sale consideration. The estimated timeframe for the legal
completion is by the 2nd quarter of 2024.
2. On 23 November 2023, the Company announced that Bandar Setia Alam Sdn Bhd (“BSA”), its direct
wholly-owned subsidiary, entered into a conditional sale and purchase agreement (“SPA”) with KSL
Bestari Sdn Bhd (“KSL Bestari”) to dispose of approximately 17.99 acres of freehold land in Mukim
of Bukit Raja, District of Petaling, Selangor for a cash consideration of RM228,800,000.00.
The conditions precedent of the SPAs were met on 18th April 2024, but the legal completion of the
SPA is pending full settlement of the sale consideration.
2024-05-18 13:51 | Report Abuse
I will sell Poh Kong at 2 ringgit.
2024-05-18 13:49 | Report Abuse
Paramount is about to fly, so is SAB.....
2024-05-18 13:48 | Report Abuse
Because it holds substantial Paramount shares?
2024-05-16 20:18 | Report Abuse
https://goldprice.org/gold-price-malaysia.html
Comparing April gold price with March gold price, you should be convinced why Poh Kong Q3 result ending 30 April would yield profit between 15 sen to 20 sen a share.
Stock: [POHKONG]: POH KONG HOLDINGS BHD
2024-06-07 19:42 | Report Abuse
Have you bought any yet? I have 2 lorry load and it is good enough for the time being.