PARAMOUNT CORPORATION BHD

KLSE (MYR): PARAMON (1724)

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Last Price

1.06

Today's Change

-0.05 (4.50%)

Day's Change

1.06 - 1.13

Trading Volume

1,058,300


4 people like this.

1,480 comment(s). Last comment by ks55 19 hours ago

whitebunny

154 posts

Posted by whitebunny > 2020-11-13 16:37 | Report Abuse

Wow what happened today?

Joyce Lee

418 posts

Posted by Joyce Lee > 2020-11-13 16:39 | Report Abuse

Because result going to out , like what ceo say will be fantastic , look at the volume , is so high

whitebunny

154 posts

Posted by whitebunny > 2020-11-13 17:30 | Report Abuse

do you guys have the article? can please share here?

Cheong88

75 posts

Posted by Cheong88 > 2020-11-13 17:35 | Report Abuse

whitebunny.
https://www.pcb.my/

The company website will have the information you need.
You can listen to BFM 89.9.

*but I don't own this stock*

whitebunny

154 posts

Posted by whitebunny > 2020-11-13 17:50 | Report Abuse

Thanks Cheong88!

Posted by poorman123 > 2020-11-16 12:21 | Report Abuse

Luckily topped up when 0.705!!! Gogogo

tws13282

357 posts

Posted by tws13282 > 2020-11-16 13:05 | Report Abuse

same

tws13282

357 posts

Posted by tws13282 > 2020-11-16 14:43 | Report Abuse

0.79 d :) :) :)

tws13282

357 posts

Posted by tws13282 > 2020-11-16 14:43 | Report Abuse

will qr out today?

BabyAce

1,833 posts

Posted by BabyAce > 2020-11-17 09:50 | Report Abuse

The warrant really give me big big profits, now all already buy back mother shares hahaha

Posted by pinnaclegrade > 2020-11-17 19:43 | Report Abuse

Good to see you here again @BabyAce ^ ^

Joyce Lee

418 posts

Posted by Joyce Lee > 2020-11-18 12:42 | Report Abuse

Up so many days mayb is time to rest paramon baby

Posted by pinnaclegrade > 2020-11-18 14:57 | Report Abuse

QR report should be released this Friday, 20th Nov ..

BabyAce

1,833 posts

Posted by BabyAce > 2020-11-18 20:39 | Report Abuse

Continue to hold for long term the only property developer I believe in hahaha

Joyce Lee

418 posts

Posted by Joyce Lee > 2020-11-18 21:28 | Report Abuse

Looking at paramon condominium video , make me wanna move in too

warrior

605 posts

Posted by warrior > 2020-11-19 04:06 | Report Abuse

Joyce Lee, getting my keys around the end of December, those on lower floors already get their keys.

Paramount results okay for this q as well as next q.

Joyce Lee

418 posts

Posted by Joyce Lee > 2020-11-19 17:25 | Report Abuse

Warrior may i know your holding price?

warrior

605 posts

Posted by warrior > 2020-11-19 21:19 | Report Abuse

Average 71.65 sen

warrior

605 posts

Posted by warrior > 2020-11-20 02:01 | Report Abuse

It is Public Mutual who sold down Paramount shares not long ago. Maybe they need the money for redemption.

Posted by Value_Investor007 > 2020-11-20 12:17 | Report Abuse

The financial result will out today? There is huge movement in warrant since morning...

Posted by pinnaclegrade > 2020-11-20 17:22 | Report Abuse

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/

whitebunny

154 posts

Posted by whitebunny > 2020-11-20 22:58 | Report Abuse

Thanks for info pinnaclegrade

MyMisc

16 posts

Posted by MyMisc > 2020-11-23 09:17 | Report Abuse

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.

MyMisc

16 posts

Posted by MyMisc > 2020-11-23 14:13 | Report Abuse

Counter is seeing some good buying pressure

BabyAce

1,833 posts

Posted by BabyAce > 2020-11-27 08:57 | Report Abuse

Paramount show me your big present today

whitebunny

154 posts

Posted by whitebunny > 2020-11-27 10:31 | Report Abuse

Results usually out what time?

Posted by pinnaclegrade > 2020-11-27 11:09 | Report Abuse

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

Posted by Value_Investor007 > 2020-11-27 11:55 | Report Abuse

Bet on Warrant :)

Posted by pinnaclegrade > 2020-11-27 17:11 | Report Abuse

QR results is out ! https://www.pcb.my/investor-relations/bursa-announcements/ (Click Financial Results)

tws13282

357 posts

Posted by tws13282 > 2020-11-27 17:16 | Report Abuse

For your opinions good or bad?

dex

493 posts

Posted by dex > 2020-11-27 17:33 | Report Abuse

Ok lorhh still profit. But decreasing. I expected more from this counter.

BabyAce

1,833 posts

Posted by BabyAce > 2020-11-27 17:35 | Report Abuse

Ok lar for me decent results. My benchmark is also same like dex ok ok lor..

whitebunny

154 posts

Posted by whitebunny > 2020-11-27 17:39 | Report Abuse

quite good recovery during covid times

Posted by pinnaclegrade > 2020-11-27 18:37 | Report Abuse

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..

Joyce Lee

418 posts

Posted by Joyce Lee > 2020-11-28 22:24 | Report Abuse

This quarter no dividend ?

tws13282

357 posts

Posted by tws13282 > 2020-11-28 23:40 | Report Abuse

historically dividend will be distributed on the 2nd and 4th quarter unless there is any special dividend

JayC88

898 posts

Posted by JayC88 > 2020-11-29 02:29 | Report Abuse

if this goes down below 80c again, i'll keep on buying

Joyce Lee

418 posts

Posted by Joyce Lee > 2020-11-29 21:56 | Report Abuse

Vivo thanks for the sharing !

Posted by anarchysons > 2020-11-30 08:17 | Report Abuse

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

Tashan

129 posts

Posted by Tashan > 2020-11-30 15:55 | Report Abuse

What is Paramon sitting on so much cash for?

tws13282

357 posts

Posted by tws13282 > 2020-11-30 17:37 | Report Abuse

Cash is king

whitebunny

154 posts

Posted by whitebunny > 2020-12-01 14:35 | Report Abuse

Wow Paramon so powerful today! Gogo

whitebunny

154 posts

Posted by whitebunny > 2020-12-01 15:23 | Report Abuse

Paramon got any good news lately?

Posted by Value_Investor007 > 2020-12-01 15:30 | Report Abuse

3Q result was out... Kenaga recommended to buy Paramount yesterday.

Posted by Value_Investor007 > 2020-12-01 15:32 | Report Abuse

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).

whitebunny

154 posts

Posted by whitebunny > 2020-12-01 15:45 | Report Abuse

Got 1.5mil units buy queue today

Posted by pinnaclegrade > 2020-12-01 17:02 | Report Abuse

the bull is strong today, uptrend to continue this week ^ ^

Will188

861 posts

Posted by Will188 > 2020-12-01 23:15 | Report Abuse

Profit taking soon

whitebunny

154 posts

Posted by whitebunny > 2020-12-02 12:27 | Report Abuse

Their co-working space shows promise?

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