PARAMON (1724): News and Blogs

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

2024-07-25 09:42

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

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

2024-07-25 12:09

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

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

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

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

https://www.thestar.com.my/business/business-news/2024/08/13/bull-runin-sight

2024-08-14 08:37

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

2024-08-19 09:28

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

2024-08-19 15:41

property market tumbles?

2 months ago

SHOB

no dividend announcement

2 months ago

WE will have to compare Q2 result with Q1.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3451554

2 months ago

No point shooting blank into the air.

2 months ago

Paramount Q2 result earning 3.89 sen, dividend 3 sen.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3478077

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=229562&name=EA_FR_ATTACHMENTS

2 months ago

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

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

2 months ago

fuiyoh! QoQ looks very impressive!

2 months ago

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

Got 3 sen dividend, ex tomorrow.

2 months ago

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

1 month ago

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

1 month ago

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

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

i can wait for another day until i see below 1

4 weeks ago

Paramount will announce Q3 result by 25 Nov.

6 days ago

diuleiloumei

Since June drop from 1.26 till 1.1 now

5 days ago

AMAZING. faking an orgasm for change of address

3 days ago

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

2 days ago

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

2 days ago

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

2 days ago

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

2 days ago

If you bought YTLP, you have lost 40%.

2 days ago

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

2 days ago

that's insider trading, bro. careful😂😂

2 days ago

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

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

2 days ago

michael kwok, you are the man

2 days ago

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.

13 hours ago