Yes, it will go down below 80 sen, I sold them at 90 sen with 5 sen contra gain.

Given time , 100% drop to below RM5, possibly below RM2.

History will always repeat itself, no brainer stuff, the price above RM10 is not substainable.

Don’t be greedy.

Sell on great news like this.

RM12.44

The writing is on the wall, the right time to sell is now. Those who sold today are laughing all the way to the bank.

Anything is possible, even below 10 sen.

Afternoon session is superb.

Huat ah!!

1.00 and 1.01?

Buy !

Patience is virtue.

Wait, three months also never mind, the price will come down below 80 sen.

Bought 30,000 shares on Friday @ 45 sen.

Cheap !

40 sen ? Can get.

Realistically, you don’t have to wait for more than 90 days.

All investment bank TPs must be taken with a pinch of salt, all not reliable at all. If not, all of us kaya lor.

This round dividend must be paid 3.35 sen , otherwise bursa will reject. The future dividend will be affected, maybe no dividend next year.

Be sensible, the worst is not over yet.

Lelong properties are coming to the town near you, including those newly bought from Mahsing.

For the financial year ending 31 December 2020, the Group expects the COVID-19 pandemic to significantly affect the demand of its products and services as well as the projects’ construction progress and hence, the Group’s financial performance.

Why want to buy high ? Just wait for the next Q result first.

Study the content of the above link carefully. Very challenging time for Paramount ahead. The sale of education division can only settled a small percentage of debts. Sooner or later, cash call will come.

https://www.pcb.my/newsroom/paramounts-record-profit-from-sale-of-education-business-cushions-covid-19-impact/

Q1 result shows only RM4,263,000 profit before tax.

Coming dividend payout 4.5 sen X 616,443,000 shares = RM27,739,939

THEREFORE, Current dividend rate is not substainable.

Education business disposal proceeds is RM540,500,000.00

540,500,000 / 606,682,000 shares = 89.09 sen a share.

Challenging time ahead for Paramount.

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RISK ANALYSIS
Earnings are forecast to decline by an average of -18.5% per year for the next 3 years

Has a high level of debt

Dividend of 8.28% is not well covered by earnings

Highly volatile share price over past 3 months.

Source: Simply Wall Street.

On the contrary, coming Monday, property counters likely to tank.

One time off extraordinary big gain is expected, having said that, if you side aside one time off big gain, don’t expect result to be good.

Huat ah!

Today we’ll take a closer look at Paramount Corporation Berhad (KLSE:PARAMON) from a dividend investor’s perspective. Owning a strong business and reinvesting the dividends is widely seen as an attractive way of growing your wealth. 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 9.2% 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.

Laugh = happy.

Expecting to announce dividend today.

The one who hold this counter long long will laugh all the way to the bank.

Kenny, it is a sure thing, the BOD sure approve as proposed.

Dropped 4 sen is nothing.

When the big fish really selling, you will know. Limit down!!

Wait till sharks start selling.

Nothing surprising when hibiscus able to maintain good price for the last two months.

As long as the big sharks not selling, like the past one month , the price will still hold

Profit taking expected.

Sell while is still above 10 sen.

50 sen ? You may have to wait forever, but who knows, you may be lucky.

It is better to use , cost and benefits methods. This counter is infested with fund managers.

There will be two annual dividends each year. The next one is 4,5 sen.

I bought another 100,000 Paramount shares at below 70 sen to average down.

A market wouldn’t remain depressed for too long. Upon accumulating your desired stocks, just sit back and wait for the attractive dividends to come. Investments are for long term, thus you don’t need to worry too much of the daily price movements.

Enjoy your cup of coffee every morning and think positively of your investments. A happy mood allows your brain to think better.

Covid-19 has caused havoc, but it has also created an opportunity for those with financial capability to invest now. As the saying goes, “When there is a crisis, there is also an opportunity.”

Let’s hope that the pandemic would be contained as soon as possible.

Margin call and force selling on Paramount stock was serious problem recently, mainly because of special dividend and covid19 pandemic , value of Paramount share dropped into half. Dividend money have to wait for another month, where people got money to top up.

67.5 sen

Buy now and keep it.

Paramount is one of the better counter to invest.

Cheap and good.

Assured regular dividends.

Warrant is oversold, maybe some people did not understand that special dividend will not affect warrant because its exercise price will be adjusted according. Only regular or normal dividend affected the warrant negatively.

Why solid counter ? Big player in substainable energy sector.

Advancecon Solar is going to make a lot of money for advancecon group.

Don’t solely focus on crude oil price, and completely ignoring the fundamental of hibiscus.

Don’t argue with fools.

High risk high gain game

Coronavirus is about to peak, time to accumulate hibiscus share slowly and consistently, Huat ah !!

Finally!

we have seen two similarly sharp drops in crude, in May and September.

Both, like this one, were immediately preceded by a big up day, and both were followed by big retracements. As if that doesn’t make buying into this drop tempting enough, they are four months apart, and this collapse has come four months after the last one.

Kenny Yap, True,

But just mildly.

Long time did not see those sharks.

Nobody want means it is time to buy some.

37 sen is good to go.

Stay calm

Be realistic.

The future of Paramount is just so so, after special dividend, it will be just around RM1

RM1 again have to wait long term or medium term.

Immediate term is negative.

Short term player better run.

Jeffrey Chew keeps buying.