This stock is like a hidden gem to me. Went to KLSE SCREENER to randomly look for DY higher than 8% shares and stumbled on this. Bought in at 0.74 and top up along the way to an average price of 0.88. Finally getting that 4.5sens dividend soon. Happy days ahead.
Make sure you know what is called ex-div date lol...Later you sell already think you got dividends but because you dunno what's called ex-div what also won't get. Please don't make me laugh. Because really there are many idiots out there who wants dividends but don't go find out lol
Paramount Corp Bhd purchased 137.1 acres (55.48ha) of freehold agriculture land to expand its existing 520-acre Bukit Banyan township in Sungai Petani, Kedah
Paramount group chief executive officer (CEO) Jeffrey Chew said its subsidiary Paramount Property (Utara) Sdn Bhd had entered into a sales and purchase agreement with BDB Land Sdn Bhd, a subsidiary of Bina Darulaman Bhd, yesterday to buy two parcels of land (62.6 and 74.5 acres respectively) for a total consideration of RM24 million
With the acquisition of the 137.1 acres, the township will have 315.1 acres to be developed from now until 2030. Chew said Paramount expects a GDV of RM400 million from both residential and commercial properties to be built after the conversion of the land status
Launched in 2012, Bukit Banyan is Paramount's third township development in Kedah. With the additional 137.1 acres, the development will span a total of 657.1 acres
Actually you guys worry for what? I managed to bought some between 0.87 till 0.90 lol. I still holding 400,000 ordinary shares and 2,000,000 warrants. Like I always write and remind you guys, if you believe in the fundamentals, can sleep well one. I'm not sure who are the one's panic sell. You see yesterday got news already they buying land near their development to expand the township. The management doing the things as they say. And the land is cheap. You can check the areas nearby that area. Of course agriculture land convert the title need a bit of money, but not much to be paid. Figure it out yourself.
Not many lots done at the range of 0.83 - 0.90. If you can get it then very lucky. @ Ryan Tan, if you want to learn, you can go to Sunway Berhad there to see. there's a guy who done before and I see he did it quite correctly. If you're keen to learn you can refer there.
baby ace yeahhh , how i wish it will back to 0.8 or 0.7 so that i cn purchase more , divd yield is so high , NTA & EPS show the share price is still undervalue , wish to collect more cheap tickets
normally this counter when giving yearly or special dividends will drop more than those amount of dividends given after ex-date...might as well buy few days later ex-date!!!( to those faithful supporters of Paramount Corp)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nickthebest
636 posts
Posted by nickthebest > 2020-07-03 11:23 | Report Abuse
No need to pray lar....must have confidence ma...Now its closing the gap.