PARAMOUNT CORPORATION BHD

KLSE (MYR): PARAMON (1724)

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Last Price

1.11

Today's Change

-0.01 (0.89%)

Day's Change

1.08 - 1.12

Trading Volume

652,600


4 people like this.

1,479 comment(s). Last comment by ks55 1 week ago

fortunefire

1,352 posts

Posted by fortunefire > 2023-07-24 09:48 | Report Abuse

Good news is coming soon

Solidcross

242 posts

Posted by Solidcross > 2023-07-25 11:57 | Report Abuse

nice climb

Tibbers

561 posts

Posted by Tibbers > 2023-07-31 16:53 | Report Abuse

tp rm1.20 :)

sg999

1,745 posts

Posted by sg999 > 2023-08-06 01:23 | Report Abuse

Another 3cent dividend coming soon?

anisbin

649 posts

Posted by anisbin > 2023-08-07 13:47 | Report Abuse

Quarter report 26/8...

sg999

1,745 posts

Posted by sg999 > 2023-08-19 12:07 | Report Abuse

Should be announced another dividen 0.035

fortunefire

1,352 posts

Posted by fortunefire > 2023-08-25 17:20 | Report Abuse

3ct dividend. Tq Paramount :)

sg999

1,745 posts

Posted by sg999 > 2023-08-25 19:20 | Report Abuse

Really a good company!buy more.

Posted by Fabien _the efficient capital allocator > 2023-09-06 21:07 | Report Abuse

Paramount Corporation Bhd aims to launch properties worth RM1 billion by next year as sales momentum continues to be strong for the property industry.

Group chief executive officer and director Jeffrey Chew Sun Teong said the company is optimistic about achieving the sales target given its robust performance during the first half of 2023.

"We need to have a revenue of RM1 billion or more. This means that our property launches will have to be worth more than RM1 billion,” he told reporters after the company’s 1H FY2023 results briefing here today.

Posted by Fabien _the efficient capital allocator > 2023-09-06 21:17 | Report Abuse

Paramount Corp Bhd said it expects to report stronger earnings for the second half ending Dec 31, 2023 (2HFY2023), driven by new launches and ongoing efforts to improve its return on assets.

The group, which recorded property sales of RM617 million in 1HFY2023, has planned property launches worth RM700 million in gross development value for 2HFY2023, on the back of stronger product offerings and recovering demand for home buying. Our earnings recognition and future cash flow will be backed by our unbilled sales of RM1.5 billion for the rest of the year.

anisbin

649 posts

Posted by anisbin > 2023-09-07 13:02 | Report Abuse

FUYYOOOO!!! Going to break rm1.00!!!

anisbin

649 posts

Posted by anisbin > 2023-09-07 15:02 | Report Abuse

Wow! Touched rm1.00 liao!

sg999

1,745 posts

Posted by sg999 > 2023-09-07 18:01 | Report Abuse

RM1 sapu semua....

fortunefire

1,352 posts

Posted by fortunefire > 2023-09-11 09:31 | Report Abuse

strong leadership team that leads the group to greater heights.

adikkici

822 posts

Posted by adikkici > 2023-09-12 09:09 | Report Abuse

Smell good but no fans. Huhu

Posted by Fabien _the efficient capital allocator > 2023-09-20 17:42 | Report Abuse

Before pandemic, this company was being priced above RM1.20. Fast forward today, they are doing RM1 billion revenue (double of what they used to earn). What do you thing the appropriate FV should be? currently, its just catching up due to severe sentiment priced into the property sector

fortunefire

1,352 posts

Posted by fortunefire > 2023-11-02 14:10 | Report Abuse

Good news coming

geary

6,227 posts

Posted by geary > 2023-11-04 15:30 | Report Abuse

Paramon: Probably the best property...DY n bonus issue stock in Bursa...Sold...@1.000...hold...some for DY/other return.
Dis: Trade At Your Own Risk.

fortunefire

1,352 posts

Posted by fortunefire > 2023-11-27 09:31 | Report Abuse

is there any div for this round?

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

ROE increased to 5.7% in FY2023, from 4.2% in FY2022 and 2% in FY2021. With expected improvement in coming FY, ROE conservatively can achieve 6%. P/BV of 0.6x of historical BV of RM2.30 = RM1.38

ks55

3,469 posts

Posted by ks55 > 1 month ago | Report Abuse

Paramont gave me 15% yield based on my entry price. Which stock can give you such consistent return?

Posted by Fabien _the efficient capital allocator > 1 month ago | Report Abuse

Fantastic yield on your investment. I have received 35 sen dividends to date. At my cost price of RM0.90, recouped 38% of capital from dividends.

ks55

3,469 posts

Posted by ks55 > 1 month ago | Report Abuse

What is the outlook for the property market in Malaysia?
According to a study conducted by Juwai IQI, an international real estate property transaction group, the buy-to-rent ratio for 2024 stands at 91.1% for purchases and 8.9% for rentals, signalling robust confidence in the real estate market. Anticipated increases in yields further support this positive outlook.16 Jan 2024

fortunefire

1,352 posts

Posted by fortunefire > 3 weeks ago | Report Abuse

one of the key stocks in my portfolio. been holding for long with no regrets.

Invest_888

938 posts

Posted by Invest_888 > 1 week ago | Report Abuse

Paramount is one of the best dividend stock in Malaysia. Directors like to share profit with small/minority shareholder. Just check the given dividend will find it out easily.

ks55

3,469 posts

Posted by ks55 > 1 week ago | Report Abuse

Paramount up trend remains intact.
Q1 FY24 ending 31 Mac expected to earn 6 sen a share premised on unbilled sales 1.4 billion, to be announced towards the end of May.

We are expecting Paramount to declare 3.5 sen Final Dividend FY 23 by the end of this month (April).

As such, Paramount share price would move up gradually at least till the end of the month.

ks55

3,469 posts

Posted by ks55 > 1 week ago | Report Abuse

Talk so much what for?

See how YTLP share price vs Crescendo, Plenitude, Poh Kong, Glomac, Paramount tomorrow, and week after. You will see no matter how much promotion was done still has no effect on its share price. Drawing table size cookies in the air won't help.

YTLP : https://klse1.i3investor.com/servlets/stk/chart/6742.jsp
Crescendo : https://klse1.i3investor.com/servlets/stk/chart/6718.jsp
Plenitude : https://klse1.i3investor.com/servlets/stk/chart/5075.jsp
Poh Kong : https://klse1.i3investor.com/servlets/stk/chart/5080.jsp
Glomac : https://klse1.i3investor.com/servlets/stk/chart/5020.jsp
Paramount : https://klse1.i3investor.com/servlets/stk/chart/1724.jsp

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