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Overview
Financial Highlight
Headlines
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.
  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 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 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 pinnaclegrade QR results is out ! https://www.pcb.my/investor-relations/bursa-announcements/ (Click Financial Results) 27/11/2020 5:11 PM BabyAce Ok lar for me decent results. My benchmark is also same like dex ok ok lor.. 27/11/2020 5:35 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 tws13282 historically dividend will be distributed on the 2nd and 4th quarter unless there is any special dividend 28/11/2020 11:40 PM VivoPrince https://focusmalaysia.my/markets/paramount-gets-profit-boost-from-educational-biz-disposal/ 29/11/2020 6:46 AM  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 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 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 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 BabyAce Waaaa I didnt check my portfolio for some time this Paramount almost 90 sen liao now haha 14/12/2020 2:57 PM 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 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  seenyou Next dividend announcement should be in Feb right? 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