PARAMOUNT CORPORATION BHD

KLSE (MYR): PARAMON (1724)

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Last Price

1.07

Today's Change

0.00 (0.00%)

Day's Change

1.05 - 1.07

Trading Volume

344,200


4 people like this.

1,583 comment(s). Last comment by ks55 42 minutes ago

Posted by StartOfTheBull > 2024-07-25 10:18 | Report Abuse

I understand that someone bought at above RM1.20, right? That is why feel angry.
Anyway, never give up hope.

Posted by StartOfTheBull > 2024-07-25 12:09 | Report Abuse

Last QR disappoiting. I believe upcoming QR will be better.

Posted by StartOfTheBull > 2024-07-25 12:18 | Report Abuse

E&O's project in Andaman Island is progressing well, that was what I seen it's video.
E&O needs more projects to boost its value.

Posted by StartOfTheBull > 2024-07-25 12:37 | Report Abuse

I managed to had bought Ecoworld Dev at 62c and KSL but sold too early. For Sunway Bhd I hesitated to buy at RM1.54 so missed the boat too. 😂

StartOfTheBull

7,614 posts

Posted by StartOfTheBull > 2023-12-11 09:15 | Report Abuse

YTL to build an AI data centre in Kulai, Johor involving RM20 billion in investment.

Developers with Johor exposure:
Number of acres:
UEM Sunrise 5,103
Ecoworld 3,522.9 (403.78 pending completion.)
SP Setia 114.8
Sunway 1,602
E&O 62.8 (joint venture)
Mulpha International 904
KSL 236.2 (excluding 17.99 pending completion.)
KL Kepong 500 (joint venture)
Iwcity
Sime Plantations has huge estate lands in Johor as well.

ks55

4,250 posts

Posted by ks55 > 2024-08-01 08:58 | Report Abuse

Paramount is going to announce next QR by 28 this month. You should see better result and pray for 3 to 5 sen dividend.

SHOB

615 posts

Posted by SHOB > 2024-08-01 13:11 | Report Abuse

price stay till few month dont goes up please

ks55

4,250 posts

Posted by ks55 > 2024-08-01 17:38 | Report Abuse

When the price start to move, somebody will say hai ya, miss the boat.

SHOB

615 posts

Posted by SHOB > 2024-08-02 13:50 | Report Abuse

if drop, can buy more .if up then is good. most important must give dividend ang pao

ahbah

6,238 posts

Posted by ahbah > 2024-08-02 16:38 | Report Abuse

Korrect ! dump all other stks now and keep onli gold or gold related stks to protect our hard earn moni ! 🤔😥😣😪

ks55

4,250 posts

Posted by ks55 > 2024-08-19 09:28 | Report Abuse

Everybody knows Paramount is going to announce latest QR next week.

fortunefire

1,519 posts

Posted by fortunefire > 2024-08-19 15:41 | Report Abuse

wonder why they dont wanna buy lands in JB....

fortunefire

1,519 posts

Posted by fortunefire > 2024-08-26 16:35 | Report Abuse

property market tumbles?

SHOB

615 posts

Posted by SHOB > 2024-08-27 09:31 | Report Abuse

no dividend announcement

ks55

4,250 posts

Posted by ks55 > 2024-08-27 11:52 | Report Abuse

No point shooting blank into the air.

ks55

4,250 posts

Posted by ks55 > 2 months ago | Report Abuse

Prospect:

Property segment

In the second half of 2024, the Group targets to launch 4 projects (including new phases of existing projects) with a projected GDV of RM0.7 billion. Greenwoods Salak Perdana Senna(semi-detached cluster townhouses in Sepang) is expected to be launched in the third quarter of 2024. Along with the sizable launches in 2Q2024 and the completion of the commercial components of Atwater development in Petaling Jaya, the Group is optimistic that sales will gain traction in the second half of the year, which is expected to contribute positively to the Group's financial performance.

The Group's unbilled sales of RM1.4 billion as at 30 June 2024 will provide some visibility on the Group's cash flow in the near term. However, the pace at which this can be converted into billings would depend largely on the construction progress of projects. As at 30 June 2024, the Group's undeveloped land stood at 416.9 acres.

The favourable outlook of the Malaysian economy coupled with the catalytic initiatives taken by the government to spur investments are conducive for the property market. Nevertheless, the implementation of subsidy rationalisation could further weigh on consumer spending and thus the performance of the Malaysian property sector.

The Malaysian economy advanced by 5.9% in the second quarter of 2024 (1Q 2024: 4.2%). The growth is driven by stronger domestic demand and further expansion in exports. Household spending increased amid sustained positive labour market conditions and larger policy support.

Growth of the Malaysian economy in the second half of the year is expected to be driven mainly by firm expansions in investment activity and resilient household spending, with larger support from exports recovery. Investment activities will be supported by continued implementation of multi-year projects in both the private and public sectors and augmented by the implementation of catalytic initiatives under the national master plans, as well as the higher realisation of approved investments.

(Source: Quarterly Bulletin issued by Bank Negara Malaysia on the Economic, Monetary and Financial Developments in the Second Quarter of 2024)

The Group's PBT for 2Q2024 was 115% higher at RM36.6 million, compared to RM17.0 million recorded in the immediate preceding quarter, driven by the improvement in the property segment. The improvement was mainly due to higher work progress and sales achieved in the second quarter of 2024




Need to take note for Q3 result will include special dividend amounting rm 16 million received from Ecoworld International. Ashwood was launched in May and Atera Phase 2 was launched in Jun 2024. Unbilled sales amount to 1.4 billion as per 30 Jun 2024.

ks55

4,250 posts

Posted by ks55 > 2 months ago | Report Abuse

Expecting Paramount to jump start and up by 10 sen today.
Longer term prospect TP is 1.80 by year end.

fortunefire

1,519 posts

Posted by fortunefire > 2 months ago | Report Abuse

fuiyoh! QoQ looks very impressive!

ks55

4,250 posts

Posted by ks55 > 2 months ago | Report Abuse

Paramount is a safe bet. 1st interim dividend 3 sen, 2nd interim dividend 4 sen.
Profit can only grow bigger due to more new launches and higher progress billing.

ks55

4,250 posts

Posted by ks55 > 2 months ago | Report Abuse

Got 3 sen dividend, ex tomorrow.

ks55

4,250 posts

Posted by ks55 > 2 months ago | Report Abuse

Received 3 sen dividend today. Will receive another 4 sen 6 months later.

fortunefire

1,519 posts

Posted by fortunefire > 1 month ago | Report Abuse

since pcb will soon receive div from ewint, will expect more than 4c div in the upcoming announcement.

mf

29,201 posts

Posted by mf > 1 month ago | Report Abuse

Dow Jones

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ks55

4,250 posts

Posted by ks55 > 1 month ago | Report Abuse

You buy Paramount for its dividend. Next dividend pay out will be 4 sen.

https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol227-Invest-04Oct.pdf

fruitcake

881 posts

Posted by fruitcake > 1 month ago | Report Abuse

i can wait for another day until i see below 1

ks55

4,250 posts

Posted by ks55 > 1 week ago | Report Abuse

Paramount will announce Q3 result by 25 Nov.

Posted by diuleiloumei > 1 week ago | Report Abuse

Since June drop from 1.26 till 1.1 now

fruitcake

881 posts

Posted by fruitcake > 1 week ago | Report Abuse

AMAZING. faking an orgasm for change of address

fruitcake

881 posts

Posted by fruitcake > 1 week ago | Report Abuse

buy 1.05 1.06 sell 1.07-1.09. just do it😂

ks55

4,250 posts

Posted by ks55 > 1 week ago | Report Abuse

Paramount moved into its own office at Atwater. Formerly was renting from uncle's office. Anything wrong?

ks55

4,250 posts

Posted by ks55 > 1 week ago | Report Abuse

Paramount is saving on rental, at the same time bring life to Atwater commercial space.

fruitcake

881 posts

Posted by fruitcake > 1 week ago | Report Abuse

who give a 💩 where they at. punters care about prices

ks55

4,250 posts

Posted by ks55 > 1 week ago | Report Abuse

If you bought YTLP, you have lost 40%.

ks55

4,250 posts

Posted by ks55 > 1 week ago | Report Abuse

Paramount going to make 5 sen to be announced by next week at the latest.

fruitcake

881 posts

Posted by fruitcake > 1 week ago | Report Abuse

that's insider trading, bro. careful😂😂

fruitcake

881 posts

Posted by fruitcake > 1 week ago | Report Abuse

5sen for what. peanut. try putting additional 50sen on share price then i salute.

Michael Kwok

6,448 posts

Posted by Michael Kwok > 1 week ago | Report Abuse

Paramount 1.07
Buy on weaknesses
Tp 1.50 above.
19/11/24 3.20pm

fruitcake

881 posts

Posted by fruitcake > 1 week ago | Report Abuse

tomorrow BIG BIG BIG volume due. on standby for 1.01😁

fruitcake

881 posts

Posted by fruitcake > 1 week ago | Report Abuse

michael kwok, you are the man

ks55

4,250 posts

Posted by ks55 > 5 days ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/11/21/sdp-records-all-time-high-9m-revenue-profit

Property developers are having record profit since last property boom. Paramount is riding this wave very well with 1.4 billion unbilled sales. Most of its properties are at the middle of ogive graph and give rise to highest sales to revenue conversion rate.

Paramount is due to announce its latest QR by 25 Nov. Stay tune.

fruitcake

881 posts

Posted by fruitcake > 5 days ago | Report Abuse

you can see owner is not interested into putting $$ in the stock price

ks55

4,250 posts

Posted by ks55 > 4 days ago | Report Abuse

Paramount last day to buy cheap. May report quarterly result today, latest by Monday.

ks55

4,250 posts

Posted by ks55 > 4 days ago | Report Abuse

Do you think Paramount will report better QR?

ks55

4,250 posts

Posted by ks55 > 1 day ago | Report Abuse

Don't be a 马后炮 after Paramount release its result.

hng33

20,443 posts

Posted by hng33 > 5 hours ago | Report Abuse

bought paramount at 1.06

hng33

20,443 posts

Posted by hng33 > 5 hours ago | Report Abuse

Board is optimistic that the Group's operating results for the second half of this year are expected to surpass that of the first half

fruitcake

881 posts

Posted by fruitcake > 1 hour ago | Report Abuse

if good results why drag to the very last day of the month. price doesn't even look exciting🤔

ks55

4,250 posts

Posted by ks55 > 42 minutes ago | Report Abuse

Don't be a 马后炮 after Paramount release its result.

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