Posted by ks55 > 2024-08-27 11:52 | Report Abuse

No point shooting blank into the air.

Posted by ks55 > 2024-08-28 18:44 | Report Abuse

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

Posted by ks55 > 2024-08-28 18:58 | Report Abuse

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.

Posted by ks55 > 2024-08-29 06:45 | Report Abuse

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

Posted by fortunefire > 2024-08-29 17:20 | Report Abuse

fuiyoh! QoQ looks very impressive!

Posted by ks55 > 2024-09-01 17:42 | Report Abuse

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.

Posted by ks55 > 2024-09-09 14:18 | Report Abuse

Got 3 sen dividend, ex tomorrow.

Posted by ks55 > 2 months ago | Report Abuse

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

Posted by fortunefire > 2 months ago | Report Abuse

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

Posted by mf > 2 months ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

42,189.49

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0.29%

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NASDAQ Composite

18,080.60

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0.21%

Posted by ks55 > 2 months ago | Report Abuse

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

Posted by fruitcake > 1 month ago | Report Abuse

i can wait for another day until i see below 1

Posted by ks55 > 1 month ago | Report Abuse

Paramount will announce Q3 result by 25 Nov.

Posted by diuleiloumei > 1 month ago | Report Abuse

Since June drop from 1.26 till 1.1 now

Posted by fruitcake > 1 month ago | Report Abuse

AMAZING. faking an orgasm for change of address

Posted by fruitcake > 1 month ago | Report Abuse

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

Posted by ks55 > 1 month ago | Report Abuse

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

Posted by ks55 > 1 month ago | Report Abuse

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

Posted by ks55 > 1 month ago | Report Abuse

If you bought YTLP, you have lost 40%.

Posted by ks55 > 1 month ago | Report Abuse

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

Posted by Michael Kwok > 1 month ago | Report Abuse

Paramount 1.07
Buy on weaknesses
Tp 1.50 above.
19/11/24 3.20pm

Posted by ks55 > 4 weeks ago | Report Abuse

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.

Posted by ks55 > 4 weeks ago | Report Abuse

Paramount last day to buy cheap. May report quarterly result today, latest by Monday.

Posted by ks55 > 4 weeks ago | Report Abuse

Do you think Paramount will report better QR?

Posted by ks55 > 3 weeks ago | Report Abuse

Don't be a 马后炮 after Paramount release its result.

Posted by hng33 > 3 weeks ago | Report Abuse

bought paramount at 1.06

Posted by hng33 > 3 weeks ago | Report Abuse

Board is optimistic that the Group's operating results for the second half of this year are expected to surpass that of the first half

Posted by SHOB > 3 weeks ago | Report Abuse

goodluck

Posted by hng33 > 3 weeks ago | Report Abuse

Another interim dividend 3 sen declared

Posted by ks55 > 3 weeks ago | Report Abuse

The Group's unbilled sales of RM1.5 billion as at 30 September 2024 will provide some visibility on the Group's cashflow in the near term. However, the pace at which this can be converted into billings would depend largely on the construction progress of projects.

2.45 million one off loss is due to call-option exercised by UOW purchaser.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3503419

Posted by ks55 > 3 weeks ago | Report Abuse

6 sen dividend for 6 months. What else you want to ask for?

Posted by fortunefire > 3 weeks ago | Report Abuse

if they can offer 4ct final div in Feb 2025 (which is possible, since there gonna be some income from ewint), then it will be a total of 10 ct for the year 2024.

Posted by SHOB > 3 weeks ago | Report Abuse

good dividend stock

Posted by AhHuat01 > 3 weeks ago | Report Abuse

Typically, Q4 reports show the highest revenue. If the revenue surpasses the 2023 Q4 results, I anticipate another interim dividend of at least 0.01 cent, resulting in a 5.6% dividend yield (RM0.07) at a share price of RM1.06. This company consistently provides dividends, supported by strong business performance and substantial revenue. The dividend is sustainable due to this year’s robust sales, and future dividends are likely to remain strong, backed by RM1.5b in unbilled sales.

Posted by SHOB > 2 weeks ago | Report Abuse

confident with the develpoer

Posted by ks55 > 2 weeks ago | Report Abuse

Next Tuesday Ex-Dividend. Ashwood 90% sold?

Posted by fruitcake > 2 weeks ago | Report Abuse

👏👏YEA. people rushing for dividend😂😂

Posted by ks55 > 2 weeks ago | Report Abuse

马后炮

Posted by ks55 > 2 weeks ago | Report Abuse

Just can't understand why some people like to be a 马后炮

Posted by ks55 > 2 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/12/06/sharp-housing-loan-rebound-good-sign-for-developers

Posted by ks55 > 2 weeks ago | Report Abuse

https://klse1.i3investor.com/servlets/stk/chart/1724.jsp

Posted by ks55 > 1 week ago | Report Abuse

All indicators show you where Paramount heading to. Slow and steady up trend build your wealth over time.

Posted by fruitcake > 1 week ago | Report Abuse

马后炮, wah get dividend tomorrow. can go eat roti canai & papadam

Posted by hng33 > 1 week ago | Report Abuse

sold back at 1.12

Posted by ks55 > 1 week ago | Report Abuse

Paramount is going to receive next 5 sen from EWI next month.

Posted by ks55 > 1 week ago | Report Abuse

Paramount is buying 4.5 acres of land for rm 145m from receiver. The land is as good as putting up another Atrium and Ashwood combine, GDV should be rm 1 billion. So land cost is around 15% of GDV, construction cost 50%, 5% marketing cost, gross profit is 30% or 300 million. If development can complete within 5 years, each year can contribute 60 million profit before tax from this project alone.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3508594

Posted by fortunefire > 4 days ago | Report Abuse

higher div next year.

Posted by fruitcake > 3 days ago | Report Abuse

gave you 3sen happy happy. they took back more lagi more happy happy😂😂. we still have those kind of happy investors

Posted by fruitcake > 6 hours ago | Report Abuse

SO DEAD THIS CO

Posted by ks55 > 4 hours ago | Report Abuse

马后炮