Highlights
KLSE: PARAMON (1724)       PARAMOUNT CORP BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.75   -0.005 (0.66%)  0.745 - 0.755  275,900
Trade this stock for as low as 0.05% brokerage. Find out more.

Overview

Market Cap: 461 Million
NOSH: 614 Million
Avg Volume (4 weeks):277,160
4 Weeks Range:0.72 - 0.77
4 Weeks Price Volatility (%):
60.00%
52 Weeks Range:0.63 - 1.44
52 Weeks Price Volatility (%):
14.81%
Average Price Target: 2.32
Price Target Upside/Downside: +1.57
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  24-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  20-Nov-2020
T4Q P/E | EY: 0.87  |  115.59%
T4Q DY | Payout %: 6.00%  |  5.13%
T4Q NAPS | P/NAPS: 2.32  |  0.32
T4Q NP Margin | ROE: 89.39%  |  37.37%

Headlines

Date Subject
03-Sep-2020 Mplus Market Pulse - 3 Sep 2020
25-Aug-2020 Mplus Market Pulse - Not out of the woods
17-Jul-2020 PublicInvest Research Headlines - 17 Jul 2020
08-Jul-2020 PublicInvest Research Headlines - 8 Jul 2020
01-Jun-2020 PublicInvest Research Headlines - 1 Jun 2020
01-Jun-2020 Mplus Market Pulse - 1 Jun 2020
06-Feb-2020 PublicInvest Research Headlines - 6 Feb 2020
30-Jan-2020 PublicInvest Research Headlines - 30 Jan 2020
30-Jan-2020 Mplus Market Pulse - 30 Jan 2020

Business Background

Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Education and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Education segment is involved in the operation of private educational institutions. Investment and Others segment is involved in the investment holding and provision of group-level corporate services.
Analyze this stock with MQ Trader system

  4 people like this.
 
Good123 more startups will boost its co-working space biz too
31/08/2020 12:53 PM
Good123 more students will seek education locally due to covid and barrier to cross border. its remaining 20% stake in education is good
31/08/2020 12:55 PM
Good123 more students will study locally due to financial issues
31/08/2020 12:55 PM
Good123 BNM seen making final 25bps OPR cut as early as September — DBS

Chong Jin Hun

/

theedgemarkets.com


August 31, 2020 13:15 pm 08
01/09/2020 7:43 AM
Good123 share buyback by the company should be implemented
01/09/2020 8:42 AM
Victor Yong no disposal of shares by major shareholders :) Cool!

DATO TEO CHIANG QUAN
17-Mar-2020
Others
38,400
0.000

DATO TEO CHIANG QUAN
10-Sep-2019
Acquired
140,000
0.000

DATO TEO CHIANG QUAN
25-Jul-2019
Others
36,072,000
0.000

DATO TEO CHIANG QUAN
25-Jul-2019
Others
8,000,000
0.000

DATO TEO CHIANG QUAN
25-Jul-2019
Others
2,244,200
0.000

DATO TEO CHIANG QUAN
25-Jul-2019
Others
1,014,800
0.000

DATO TEO CHIANG QUAN
25-Jul-2019
Others
222,480
0.000

DATO TEO CHIANG QUAN
25-Jul-2019
Others
73,800
0.000

PARAMOUNT EQUITIES SDN BHD
25-Jul-2019
Others
36,072,000
0.000

PARAMOUNT EQUITIES SDN BHD
25-Jul-2019
Others
8,000,000
0.000

BANTING HOCK HIN ESTATE COMPANY SDN BHD
25-Jul-2019
Others
14,894,600
0.000

BANTING HOCK HIN ESTATE COMPANY SDN BHD
25-Jul-2019
Others
7,726,600
0.000

BANTING HOCK HIN ESTATE COMPANY SDN BHD
25-Jul-2019
Others
4,198,600
0.000

BANTING HOCK HIN ESTATE COMPANY SDN BHD
25-Jul-2019
Others
466,200
0.000

BANTING HOCK HIN ESTATE COMPANY SDN BHD
25-Jul-2019
Others
257,600
0.000

SOUTHERN EDIBLE OIL INDUSTRIES (M) SDN BHD
25-Jul-2019
Others
14,894,600
0.000

SOUTHERN EDIBLE OIL INDUSTRIES (M) SDN BHD
25-Jul-2019
Others
7,726,600
0.000

SOUTHERN EDIBLE OIL INDUSTRIES (M) SDN BHD
25-Jul-2019
Others
466,200
0.000

SOUTHERN PALM INDUSTRIES SDN BHD
25-Jul-2019
Others
14,894,600
0.000

SOUTHERN PALM INDUSTRIES SDN BHD
25-Jul-2019
Others
7,726,600
0.000

SOUTHERN REALTY (MALAYA) SDN BHD
25-Jul-2019
Others
14,894,600
0.000

SOUTHERN REALTY (MALAYA) SDN BHD
25-Jul-2019
Others
7,726,600
0.000

SOUTHERN REALTY (MALAYA) SDN BHD
25-Jul-2019
Others
4,198,600
0.000

SOUTHERN REALTY (MALAYA) SDN BHD
25-Jul-2019
Others
466,200
0.000

DATO TEO CHIANG QUAN
20-Mar-2019
Others
13,700
0.000
01/09/2020 11:35 AM
Victor Yong directors juga tak jual syer, hanya beli lebih? :)

DATO TEO CHIANG QUAN
17-Mar-2020
Others
38,400
0.000

MR BENJAMIN TEO JONG HIAN
17-Mar-2020
Others
19,200
0.000

MR CHEW SUN TEONG
17-Mar-2020
Others
1,377,100
0.000

MR CHEW SUN TEONG
17-Mar-2020
Others
269,000
0.000

MR CHEW SUN TEONG
17-Mar-2020
Others
189,400
0.000

MR CHEW SUN TEONG
17-Mar-2020
Others
152,400
0.000

MR BENJAMIN TEO JONG HIAN
13-Mar-2020
Others
352,700
0.000

MR CHEW SUN TEONG
13-Mar-2020
Others
1,542,800
0.000

MR CHEW SUN TEONG
06-Jan-2020
Acquired
20,000
1.210

MR CHEW SUN TEONG
03-Jan-2020
Acquired
20,000
1.210

MR CHEW SUN TEONG
02-Jan-2020
Acquired
20,000
1.230

MR CHEW SUN TEONG
31-Dec-2019
Acquired
20,000
1.220

MR CHEW SUN TEONG
30-Dec-2019
Acquired
20,000
1.210

DATO TEO CHIANG QUAN
10-Sep-2019
Acquired
140,000
1.330

MR BENJAMIN TEO JONG HIAN
10-Sep-2019
Acquired
140,000
1.330

MR BENJAMIN TEO JONG HIAN
22-Aug-2019
Others
778,680
-

MR BENJAMIN TEO JONG HIAN
22-Aug-2019
Others
196,400
-

MR BENJAMIN TEO JONG HIAN
22-Aug-2019
Others
185,100
-

MR BENJAMIN TEO JONG HIAN
22-Aug-2019
Others
222,480
-

DATO TEO CHIANG QUAN
29-Jul-2019
Others
36,072,000
-

DATO TEO CHIANG QUAN
29-Jul-2019
Others
8,000,000
-

DATO TEO CHIANG QUAN
29-Jul-2019
Others
2,244,200
-

DATO TEO CHIANG QUAN
29-Jul-2019
Others
1,014,800
-

DATO TEO CHIANG QUAN
29-Jul-2019
Others
222,480
-

DATO TEO CHIANG QUAN
29-Jul-2019
Others
73,800
-
01/09/2020 11:37 AM
Good123 also, all institutional investors/funds tak Jual syer mereka
01/09/2020 11:45 AM
denzadesu not yet,
dont wake this counter just yet,
need to accumulate more.

let it sideway..
01/09/2020 12:01 PM
whitebunny https://www.facebook.com/64839963085/posts/10158763637648086/
02/09/2020 5:03 PM
Good123 Paramount Corp remains bullish on the prospects of the property market, with low interest rates expected to help prop up demand.
02/09/2020 9:45 PM
Good123 (吉隆坡2日讯)百乐园(Paramount Corp Bhd)依然看好产业市场的前景,因为利率仍处于地位,将有助于恢复在行动限制令期间受到影响的需求。

由于限行令政策,百乐园截至6月杪2020财政年首半年的产业销售为1亿9300万令吉,相比去年同期的3亿1000万令吉。

这导致该集团在第二季净亏370万令吉,同期则净赚2847万令吉。不过,首半年净利从3463万令吉,飙升逾12倍至4亿6325万令吉,归因于确认脱售高等教育业务的4亿6060万令吉收益。

百乐园集团总执行长周胜忠表示,2020财年下半年的前景将受到更多的产业项目推出所提振。

该集团预计将推出价值6亿4000万令吉的项目,全都是住宅项目,比首半年推出的项目增加121%。

截至6月30日,未入账销售为8亿7300万令吉,这将在短期内继续为现金流提供一些能见度。但转化为入账的速度,很大程度上取决于施工进度。

“需求大幅回升。为什么?政府的举措起了一定的作用,但另一个重要因素是低利率。”

周胜忠今日在百乐园2020财年首半年财务业绩媒体与分析员汇报会上说:“低利率时代对产业发展商非常有利。因此,我非常看好百乐园和所有发展商。”

同时,该集团拥有3亿2440万令吉的现金,使其能够在近期进行更多土地收购。截至6月30日,该集团在巴生谷、吉打和槟城有505.1英亩的未开发地。

针对政府建议向产业发展商征收空置税,他说,如果这一提议落实,该集团不会被征那么多税,因为该公司没有很多空置单位。但他承认,其他业者可能受到影响。

上个月,房屋及地方政府部宣布,正在制定一项税项,可能最早在2021年对无法出售房产的发展商征税,以减少住宅单位过剩。

周胜忠指出:“若成事,供应将变得非常特定,因为产业发展商不想被征税。发展商会更担心推出新项目。这将限制供应,从而推高价格。”

他补充:“所以,我认为这不是一个好举措,还有其他办法的。由于新型冠状病毒肺炎疫情持续,许多人需要住所,因为需要房价便宜。”

 

(编译:陈慧珊)
02/09/2020 10:54 PM
Victor Yong Orientaldaily Wed, Sep 02, 2020 08:41pm - 2 hours ago



(吉隆坡2日讯)百乐园(PARAMON,1724,主板产业股)认为,房产销售将在下半年奋起直追,全年表现应可按年持稳。

百乐园首席执行员周胜忠指出,截至8月杪,房产销售额已接近3亿7000万令吉。若9月表现不俗,首3季销售很大可能会超越去年同期的4亿8100万令吉。

“至于全年销售能否持稳或接近去年的水平,我们拭目以待。”

周胜忠是在周三的业绩汇报会上如是指出,出席的高层有主席兼执行董事张昌炯、执行董事张家贤、首席财务员冯保胜,以及房产业务首席执行员马骏骢。

推6亿新盘

他表示,该公司上半年拼销售时所面对的挑战,主要是推介新盘的时机。基于限行令缘故,不少项目较迟才得到批准。

百乐园在上半年仅推出2个项目,发展总值(GDV)是2亿9000万令吉。这段期间只录得1亿9300万令吉销售。不过,该公司下半年决意快马加鞭,推出总值6亿4000万令吉(较上半年高出121%)的住宅项目。

周氏补充,大多数近期推出的新盘皆取得极佳反应,预订率几乎达到九成以上,估计住宅市场供应会逐渐回落。至于商业产业,需求恢复正常的速度则较慢。

百乐园期待今年可取得10亿令吉销售。截至次季杪,该公司的未入账销售达8亿7300万令吉,何时入账取决于建筑工程的施工进度。

周胜忠提到,大部份项目工程进度皆因限行令而大幅放缓,但基于安全考量,公司不会加快施工速度。

随著我国利率降至极低水平,且料维持一段时间,周胜忠因而看好发展商与本地房产市场的前景。

低利率不仅可拉低发展商成本,从而推高赚幅,亦会提振民众的购屋需求。

待降息买地

他也提到,若隔夜政策利率(OPR)进一步调降至1%,公司就会加速购买更多地皮。

目前,公司计划再添购价值逾2亿5000万令吉的地皮,主要是在中马与北马。

另一边厢,询及对房产空置税的看法,周胜忠认为,这将惠及部份发展商,例如百乐园。

“一旦实施空置税,发展商很可能会谨慎,放缓推出新盘的速度,从而让供应回到正常。若供应大减,就会推升房产售价。”

不过,他强调,这对国家不利,因整体房价趋高。

百乐园2020财政年次季(截至6月30日止)由盈转亏,因采取谨慎态度,没有派发股息。

周氏称,会尽可能履行每年拿出40%净利派息的承诺。

百乐园闭市报77.5仙,全天无起落,成交量为29万股。
02/09/2020 11:23 PM
Good123 should rise with more publicity, etc
02/09/2020 11:45 PM
Good123 Paramount Corp Bhd remains bullish on the prospects of the property market as interest rates remain low, saying it will help regain demand that was affected during the Movement Control Order period.

Paramount group chief executive officer Jeffrey Chew said the group's prospects for 2HFY20 will be boosted by higher property launches, adding that Paramount has an estimated RM640 million worth of launches in the pipeline — all residential — which is 121% more than what the group launched in 1HFY20.
03/09/2020 6:45 AM
Good123

KAF, in its report on Property: Improvement in Loan Approvals, said housing loan applications in June-July amounted to RM25bil and RM30bil, respectively, much higher than with 2019’s monthly average of about RM22bil.

PETALING JAYA: Loan approvals improved in the June-July period compared to April and May when the country was under the more stringent movement control order (MCO), KAF Research said.

The MCO was relaxed on June 10.

KAF, in its report on Property: Improvement in Loan Approvals, said housing loan applications in June-July amounted to RM25bil and RM30bil, respectively, much higher than with 2019’s monthly average of about RM22bil.The June-July housing loan applications were also higher compared with the last five-year monthly average of about RM19bil.

The research firm said there was a “delayed effect” between submission of loan applications by house buyers and approvals of those applications by banks.

“We also believe the lower approval rate in June was due to low residential loan applications in April-May. We expect stronger loan approvals after July.”

On a year-to-date basis, disbursement was 36% lower compared with the the January-July period a year ago.

Due to the unprecedented business and economic standstill during the more stringent MCO, the recovery movement control order period saw residential loan applications and approvals picking up in June and July combined, with applications rising a staggering 223% and approvals 160%, KAF said.

In absolute amounts, July’s approved residential loans amounted to RM9bil, the same as 2019’s monthly average.

“If this trend were to continue until the end of the year, (it is) likely that the contraction in the amount disbursed this year will narrow to only slightly above 20% year-on-year (y-o-y), from the current year-to-date contraction of 36% y-o-y, ” the report said.

It said last year’s Home Ownership Campaign (HOC) spurred demand for housing, with total transactions improving by 6% y-o-y, generating more than 200,000 transactions. This led to a reduction in completed unsold units, also known in property parlance as an overhang.

That 2019 HOC saw stamp duty waivers and rebates and discounts on housing. The current HOC has additional measures which include the removal of the 70% loan-to-value (LTV) cap on the purchase of the third house onwards. The government also tweaked the real property gains tax (RPGT).

The report said it is the removal of the 70% LTV that “should lead to a significant pick-up in upper-end market transactions”.

“Eventually, (this pick-up) would anchor the recovery of the mass market, ” it added.

Bank Negara implemented the 70% LTV in late 2010 as a result of multiple-unit purchases by single borrowers, “suggesting increasing investment activity of a speculative nature, ” a 2010 Bank Negara release said.

As for property counters themselves, the report said valuations are “cheaper” today and developers with strong institutional backing or strong balance sheets are likely to survive the market shock.

Meanwhile, Kenanga Research is also upbeat about the loan growth scenario. Looking at household loans, it said this was driven by a broad-based rise in loan disbursements, especially for big-ticket items like auto purchases and mortgages.

On a broad-base, loan repayments also picked up in July despite the moratorium with RM22.7bil in July versus April’s 15bil and March’s RM30bil. The moratorium ends on Sept 30.“Loan disbursements outpaced repayments, ” the Sept 1 Kenanga report said.

Loan applications were underpinned by the household segment, which saw a 22% rise compared to June 2020 and a 15% rise compared to a year ago. This rise was due mainly to house and vehicle purchases.

In terms of approvals, the research firm said July approvals rose 39% compared with June, driven mainly by the purchase of houses and cars.
03/09/2020 7:42 AM
Good123 Jeffrey , the CEO, on air, bfm radio this morning. probably he intended to promote the company from now onwards
03/09/2020 8:34 AM
Good123 with the CEO on bfm radio this morning plus many articles about paramount corp yesterday, should balloon
03/09/2020 8:52 AM
Good123 most likely to exceed 80sen with ease today :)
03/09/2020 8:54 AM
kancs3118 Can share the many articles about Paramount ?
03/09/2020 11:18 AM
Good123 uptrend started ,touched 79.5
03/09/2020 2:30 PM
denzadesu property and construction will be trending by end of this year, until next year,
most of property counter still undervalue,
better park some capital in there,
as sector property give higher dividend,
covid in malaysia undercontrol now, as economy recover slowly,
new normal, mask, high hygiene practice,

Next, after healthcare,
5G, property and construction, and tech.
Go find it, diversify your counter. Invest.

trade if you have time,
if not, find other way to earn more capital to invest.

Well, investing opportunity will always there.
Start now, start later, also can.
Bring others, share knowledge and experience.
03/09/2020 8:07 PM
whitebunny Excluding the special dividend last quarter, usually how many cents dividend on average Paramon pays?
07/09/2020 12:04 PM
newbieinvestor888 i think about 3 sen
09/09/2020 11:03 AM
warrior Dividend average ???? see for yourself.
12/09/2020 12:24 PM
warrior https://www.pcb.my/investor-relations/dividend-history/
12/09/2020 12:24 PM
warrior If you are hoping to live on the income from dividends, it’s important to be a lot more stringent with your investments than the average punter.

With Paramount Corporation Berhad yielding 8.0% and having paid a dividend for over 10 years, many investors likely find the company quite interesting. We’d guess that plenty of investors have purchased it for the income.
16/09/2020 4:54 AM
newbieinvestor888 any idea when is the next dividend for this year?
17/09/2020 3:02 PM
lyy5688 .................
24/09/2020 9:44 PM
warrior Why ZZzzzz....?
01/10/2020 1:07 PM
lyy5688 because.............
01/10/2020 11:26 PM
JayC88 oh my... will drop lower?
07/10/2020 4:14 PM
KINGCOBRA bought at 88s dunno when can recover .....OMG
08/10/2020 11:54 AM
LETS_GO its keep dropping, Does it even worth to hold on to?
08/10/2020 3:19 PM
KINGCOBRA if 2morrow still drop must as well cut loss!
08/10/2020 3:46 PM
newbieinvestor888 hmmm, strange why is it dropping?
08/10/2020 3:55 PM
MrRightMrLeft Haha..
08/10/2020 7:22 PM
dex Hold
09/10/2020 8:06 PM
warrior Agree with dex, hold.

Why? It worth a lot more.
09/10/2020 9:55 PM
warrior If got money, averages down.
10/10/2020 8:58 AM
Value_Investor007 The sales are extremely good in Q3. It was more than pre-covid since Bank Negara reduce interest and many has extra cash from moratorium to pay deposit. Time to add more for me....

https://www.bfm.my/podcast/morning-run/the-breakfast-grille/after-a-loss-in-q2-is-the-worst-over-for-paramount
10/10/2020 3:38 PM
hongchungtang1 The Board of Directors of Paramount wishes to annouce that the Company has, on this 24 September 2020, made the third issuance of RM50,000,000.00 in nominal value of Perpetual Securities under the Company's Perpetual Securities Programme, bringing the total Perpetual Securities in issue to RM200,000,000.00 in nominal value as of to-date.
13/10/2020 9:09 AM
Mayjeane_97 Hong may i noe the impact on tis announcement?
13/10/2020 12:46 PM
warrior No impact lah. Common for corporate to borrow money to support their business, Land is not cheap , need financing.
15/10/2020 3:20 AM
pinnaclegrade Good sharing @Value_Investor007 ! The low interest rate definitely benefit property developers and seems like its gonna remain low. Will probably turnaround following next QR release
15/10/2020 2:19 PM
dex wait for next QR!!
17/10/2020 9:31 PM
Joyce97 Seem like 0.72 is the strong support , will monitor and add on second dip if still well support
18/10/2020 5:13 PM
pinnaclegrade Good performance today ! Low interest rate environment + property recovery, uptrend will begin !!
19/10/2020 6:13 PM
Value_Investor007 Warrant gave damn good returns with sudden spikes... Check out that as well.
19/10/2020 10:51 PM
whitebunny Didn't manage to collect more when low..
20/10/2020 4:51 PM


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