PARAMOUNT CORPORATION BHD

KLSE (MYR): PARAMON (1724)

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Last Price

1.05

Today's Change

0.00 (0.00%)

Day's Change

1.05 - 1.06

Trading Volume

91,900

Technical Analysis

Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics.

Popular technical indicators such as moving averages, relative strength index, William R%, Money Flow Index, Percentage Price Oscillator, Moving Average Convergence-Divergence and Stochastic Oscillator are used to analyze the trend, momentum and strength of a stock.

Simple Moving Average

Name

Value

Variance

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

SMA10

4.444

-0.344 | -8%

Exponential Moving Average

Name

Value

Variance

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

EMA10

4.372

-0.272 | -6%

Relative Strength Index

Name

Value

RSI 9

6.604

RSI 9

6.604

RSI 9

6.604

Percentage Price Oscillator

Name

PPO

Signal

Variance

5,35,5

-12.07

-10.37

-1.70 | -16%

5,35,5

-12.07

-10.37

-1.70 | -16%

William %R

Name

Value

%R-9

-88.496%

%R-9

-88.496%

%R-9

-88.496%

Moving Average Convergence-Divergence

Name

PPO

Signal

Variance

5,35,5

-12.07

-10.37

-1.70 | -16%

5,35,5

-12.07

-10.37

-1.70 | -16%

Money Flow Index

Name

Value

MFI-9

6.348

MFI-9

6.348

MFI-9

6.348

Stochastic Oscillator

%K (Fast)

6.348

%K (Fast)

6.348

%K (Fast)

6.348

%K (Fast)

6.348

Rate of Change

Name

Value

MFI-21

29.833

MFI-21

29.833

MFI-21

29.833

MFI-21

29.833

Discussions
4 people like this. Showing 50 of 1,578 comments

ks55

Paramount will receive 30 million dividend from EWInt, translate into 5 sen profit for Q3 result ending 30 Sept. Meanwhile, Q2 ending 30 Jun will see Paramount making 6 sen a share. Up to you to figure out what could be the earning per share for FY 2024. Make an informed decision before you want to invest in Paramount. I have confidence , so I am buying big into it.

2024-07-12 23:01

diuleiloumei

Last Q talk so loud but result nothing, coming Q still talk kok

2024-07-14 21:23

diuleiloumei

From 1.26 drop till 1.12 , continue blow pls

2024-07-14 21:25

speakup

blow job?

2024-07-14 21:31

StartOfTheBull

Sejati Residences, Cyberjaya every new phase launched was selling fast.

2024-07-25 09:42

StartOfTheBull

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

2024-07-25 10:18

StartOfTheBull

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

2024-07-25 12:09

StartOfTheBull

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.

2024-07-25 12:18

StartOfTheBull

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.

2024-07-25 12:37

ks55

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

2024-08-01 08:58

SHOB

price stay till few month dont goes up please

2024-08-01 13:11

ks55

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

2024-08-01 17:38

SHOB

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

2024-08-02 13:50

ahbah

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

2024-08-02 16:38

ks55

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

2024-08-19 09:28

fortunefire

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

2024-08-19 15:41

fortunefire

property market tumbles?

2 months ago

SHOB

no dividend announcement

2 months ago

ks55

No point shooting blank into the air.

2 months ago

ks55

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.

2 months ago

ks55

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

2 months ago

fortunefire

fuiyoh! QoQ looks very impressive!

2 months ago

ks55

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.

2 months ago

ks55

Got 3 sen dividend, ex tomorrow.

2 months ago

ks55

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

1 month ago

fortunefire

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

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

42,189.49

-123.51

0.29%

Nasdaq

NASDAQ Composite

18,080.60

-38.98

0.21%

1 month ago

ks55

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

1 month ago

fruitcake

i can wait for another day until i see below 1

4 weeks ago

ks55

Paramount will announce Q3 result by 25 Nov.

6 days ago

diuleiloumei

Since June drop from 1.26 till 1.1 now

6 days ago

fruitcake

AMAZING. faking an orgasm for change of address

4 days ago

fruitcake

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

3 days ago

ks55

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

3 days ago

ks55

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

3 days ago

fruitcake

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

3 days ago

ks55

If you bought YTLP, you have lost 40%.

3 days ago

ks55

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

3 days ago

fruitcake

that's insider trading, bro. careful😂😂

2 days ago

fruitcake

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

2 days ago

Michael Kwok

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

2 days ago

fruitcake

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

2 days ago

fruitcake

michael kwok, you are the man

2 days ago

ks55

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.

1 day ago

fruitcake

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

22 hours ago

ks55

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

2 hours ago

ks55

Do you think Paramount will report better QR?

2 hours ago

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