Highlights
KLSE: PARAMON (1724)       PARAMOUNT CORP BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.81   +0.005 (0.62%)  0.805 - 0.815  428,000
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Overview

Market Cap: 498 Million
NOSH: 614 Million
Avg Volume (4 weeks):680,978
4 Weeks Range:0.78 - 0.845
4 Weeks Price Volatility (%):
46.15%
52 Weeks Range:0.63 - 1.44
52 Weeks Price Volatility (%):
22.22%
Average Price Target: 2.32
Price Target Upside/Downside: +1.51
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  27-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  28-Feb-2021
T4Q P/E | EY: 0.95  |  104.92%
T4Q DY | Payout %: 5.56%  |  5.23%
T4Q NAPS | P/NAPS: 2.31  |  0.35
T4Q NP Margin | ROE: 87.69%  |  36.79%

Headlines

Date Subject
30-Nov-2020 Mplus Market Pulse - 30 Nov 2020
30-Nov-2020 Stocks on Radar - Paramount Corporation (1724)
29-Nov-2020 Paramount - Riding High on Property Sale Boom
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.
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  4 people like this.
 
Value_Investor007 The financial result will out today? There is huge movement in warrant since morning...
20/11/2020 12:17 PM
pinnaclegrade Q3 Results should be next Friday, according to their Financial Calendar on their website
27 November 2020 (tentative)
https://www.pcb.my/investor-relations/financial-calendar/
20/11/2020 5:22 PM
whitebunny Thanks for info pinnaclegrade
20/11/2020 10:58 PM
MyMisc Paramount 3Q results gonna be announced this Friday.

Most likely gonna be very good results.

Based on the CEO interview on BFM, Paramount has enjoyed very good sales since MCO was lifted.

They had RM270mil bookings in June and RM380mil in July.

"We haven't seen that kind of numbers in the last 3 to 4 years," Chew said.

He added too that sales were across the board of Paramount's eight property projects.
23/11/2020 9:17 AM
MyMisc Counter is seeing some good buying pressure
23/11/2020 2:13 PM
BabyAce Paramount show me your big present today
27/11/2020 8:57 AM
whitebunny Results usually out what time?
27/11/2020 10:31 AM
pinnaclegrade probably afternoon / evening time.. hopefully soon, so can unleash the bull..
one thing is for sure.. the coming QR will be better than the previous
27/11/2020 11:09 AM
Value_Investor007 Bet on Warrant :)
27/11/2020 11:55 AM
pinnaclegrade QR results is out ! https://www.pcb.my/investor-relations/bursa-announcements/ (Click Financial Results)
27/11/2020 5:11 PM
tws13282 For your opinions good or bad?
27/11/2020 5:16 PM
dex Ok lorhh still profit. But decreasing. I expected more from this counter.
27/11/2020 5:33 PM
BabyAce Ok lar for me decent results. My benchmark is also same like dex ok ok lor..
27/11/2020 5:35 PM
whitebunny quite good recovery during covid times
27/11/2020 5:39 PM
pinnaclegrade within expectations, cmco causes delay in construction and development. Can't bill the purchaser's (earnings) if haven't reach a construction stage progressively. Malaysia signed a deal with Pfizer vaccine already, RM12.8mil doses. Glove theme should be over, now will be sector recovery eg. Property, banks, construction, Genting etc. Will hold..
27/11/2020 6:37 PM
Joyce Lee This quarter no dividend ?
28/11/2020 10:24 PM
tws13282 historically dividend will be distributed on the 2nd and 4th quarter unless there is any special dividend
28/11/2020 11:40 PM
JayC88 if this goes down below 80c again, i'll keep on buying
29/11/2020 2:29 AM
VivoPrince https://focusmalaysia.my/markets/paramount-gets-profit-boost-from-educational-biz-disposal/
29/11/2020 6:46 AM
Joyce Lee Vivo thanks for the sharing !
29/11/2020 9:56 PM
anarchysons Paramount - Riding High on Property Sale Boom

Property sales in 3Q20 surged by 39% y-o-y and 248% q-o-q to RM216.5mil.

Property division’s pre-tax profits more than doubled to RM36.8mil from just RM18.2mil in the previous corresponding quarter.

Strong sales performance in 3Q20 is expected to continue in 4Q

Excluding the earnings contribution of the discontinued education business, Paramount’s overall net profit for 3Q20 grew by a substantial 2,265% y-o-y to RM26.09mil.

Backed by its unbilled sales of RM1.03bil

Also supported by its 443 acres of undeveloped landbank

Paramount’s Co-labs Coworking segment would also benefit from the rising demand for flexible workplace

In 9M20, revenue from Co-labs segment rose 42% y-o-y

Paramount has reduced inventories

Borrowings declined while cash and bank balances increased

As a result, Paramount’s net debt to equity ratio has declined to 0.3 times

Paramount has a dividend yield of 7.93%, the fifth highest among listed property players

ROE is 36.79%, the highest in industry as of Nov 27

Read more here:

https://klse.i3investor.com/m/blog/anarchysons/2020-11-29-story-h1537301958-Paramount_Riding_High_on_Property_Sale_Boom.jsp
30/11/2020 8:17 AM
Tashan What is Paramon sitting on so much cash for?
30/11/2020 3:55 PM
tws13282 Cash is king
30/11/2020 5:37 PM
whitebunny Wow Paramon so powerful today! Gogo
01/12/2020 2:35 PM
whitebunny Paramon got any good news lately?
01/12/2020 3:23 PM
Value_Investor007 3Q result was out... Kenaga recommended to buy Paramount yesterday.
01/12/2020 3:30 PM
Value_Investor007 Paramount Corporation Bhd (1724)
• Paramount inched up 1.23% or 1 sen to RM0.82
• Technically speaking, share price has bottomed out after consolidating for quite some time. Recent price action movements suggest stealth buying pattern. Coupled with positive signals from key indicators, we expect share price to continue moving higher with a possible bullish breakout.
• As such, resistance levels are found at RM0.83 (R1) and RM0.90 (R2) level.
• On the downside, support levels are identified at RM0.77 (S1) and RM0.68 (S2).
01/12/2020 3:32 PM
whitebunny Got 1.5mil units buy queue today
01/12/2020 3:45 PM
pinnaclegrade the bull is strong today, uptrend to continue this week ^ ^
01/12/2020 5:02 PM
Will188 Profit taking soon
01/12/2020 11:15 PM
whitebunny Their co-working space shows promise?
02/12/2020 12:27 PM
tws13282 Hahaha profit taking of course. Luckily i managed to sell on 0.88
02/12/2020 6:21 PM
Serious https://edition.cnn.com/2020/12/02/uk/pfizer-coronavirus-vaccine-uk-intl-hnk/index.html
UK becomes first country to approve Pfizer/BioNTech's Covid-19 vaccine, first shots roll out next week
By Emma Reynolds, Stephanie Halasz, Frederik Pleitgen and Lindsay Isaac, CNN

Updated 1709 GMT (0109 HKT) December 2, 2020
03/12/2020 4:26 AM
ampabella nanti 83 ts we all hoot ahhhh, don't pai seh
03/12/2020 11:27 PM
tws13282 hahaha
04/12/2020 1:46 PM
whitebunny What is pre-pandemic price?
08/12/2020 5:37 PM
bursakid High dividend yield stock, NTA almost 3x of current share price, lower PE, High ROE. Truly yet another hidden gem in Construction & Property sector. Another related gem is AGES. Keep these two gems for another 1 or 2 years then look at your wallet again......
09/12/2020 10:06 PM
wallstreetrookie Good company
14/12/2020 10:29 AM
BabyAce Waaaa I didnt check my portfolio for some time this Paramount almost 90 sen liao now haha
14/12/2020 2:57 PM
pinnaclegrade Bound to breach the RM0.90 mark eventually ^ ^
20/12/2020 12:08 AM
goldeneye https://www.thestar.com.my/business/business-news/2020/12/21/interest-in-digital-banking-scene-gains-traction
21/12/2020 1:56 PM
tws13282 come on queueing to buy back
22/12/2020 7:04 PM
influenza19 Paramount digital banking !!!
22/12/2020 10:07 PM
bursakid DBS Singapore is one of the largest shareholders, current CEO is former OCBC Malaysia CEO and founder and non-executive Chairman of Peoplender that operates fundaztic.com, an online P2P financing platform in Malaysia(https://fundaztic.com/leadership), as well as a member of the Small Debt Resolution Committee, Bank Negara Malaysia. No wonder they express their interest in acquiring a Digital Bank license. That says a lot about the company's ambition.
24/12/2020 10:51 PM
dex good boy, please drop even more.
25/12/2020 9:16 AM
Joyce Lee Buy first batch , slowly accumulate
28/12/2020 4:43 PM
Joyce Lee Anyone noe when will it give dividend?
28/12/2020 6:37 PM
seenyou Next dividend announcement should be in Feb right? At least based on dividend history.
04/01/2021 3:02 PM
tws13282 TP 0.65 HAHAHA
11/01/2021 7:55 PM
influenza19 Haha...0.65 will collect... Hope can get, i treat this stock as FD.
11/01/2021 9:09 PM


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