Posted by sheldon > 2017-01-24 12:13 | Report Abuse

Yes - I can only hope that Paramount will be able to raise REAL's fortunes by a sizable amount

Posted by Hk Wong > 2017-01-24 20:02 | Report Abuse

We expect Paramount to be re-rated as its earnings contribution from the
education division, which is more sustainable in nature, would be more
significant after its acquisition of REAL. Management also indicated that
its plans to monetise some education properties remain unchanged, and
some asset disposals may materialise in the coming months. We believe
these strategic acquisitions and disposals would support investors’
interest in the stock. Maintain BUY with a TP of MYR2.24 (48% upside).

Posted by bclim_83 > 2017-02-10 19:48 | Report Abuse

Wow....remarkable set of result...eps 7, dividen 6cent declared. Still remember 2 years ago grp ceo jeffrey chew aimed to increase d grp market capitalisation to over rm 1 billion, to achieve this, the share should be at least rm 2.50

Posted by Hk Wong > 2017-02-13 14:07 | Report Abuse

We expect some education properties to be disposed of in the coming
months, in line with management’s asset light strategy. This could be the next
share price catalyst, in our view.

Posted by Hafid > 2017-02-13 18:16 | Report Abuse

Good. Buy today.

Posted by sheldon > 2017-02-14 15:35 | Report Abuse

No mention of when the 6 sen dividend goes ex

Posted by warren22 > 2017-02-15 12:32 | Report Abuse

based on record. normally ex Jun

Posted by DaitoRyu > 2017-02-23 12:25 | Report Abuse

Paramount Corp’s Q4 net profit doubles
http://www.thesundaily.my/news/2159557

Posted by DaitoRyu > 2017-02-23 12:27 | Report Abuse

RHB Research: Possible re-rating for Paramount Corp
Read more at http://www.thestar.com.my/business/business-news/2017/01/13/rhb-research-possible-rerating-for-paramount-corp/#TVveWO9mPRmPkOYL.99' target='_blank'>http://www.thestar.com.my/business/business-news/2017/01/13/rhb-research-possible-rerating-for-paramount-corp/#TVveWO9mPRmPkOYL.99
http://www.thestar.com.my/business/business-news/2017/01/13/rhb-research-possible-rerating-for-paramount-corp/

Posted by goldeneyes007 > 2017-02-26 13:37 | Report Abuse

oh my popcorn!!
--------
goldeneyes007 Hik hik hik... i love u paramon..... ngeeeee
09/01/2017 21:04

Posted by tradeview > 2017-03-01 16:42 | Report Abuse

Value pick no 5 - https://klse.i3investor.com/blogs/tradeview/117303.jsp

Posted by zhangliang > 2017-03-07 17:33 | Report Abuse

Waiting patiently for it to move

Posted by DaitoRyu > 2017-03-23 15:51 | Report Abuse

Climbing very slowly, could do with a bit more volume.

Posted by sg999 > 2017-03-23 21:40 | Report Abuse

GOGOGO

Posted by sg999 > 2017-03-25 10:36 | Report Abuse

next week 1.9!

Posted by zhangliang > 2017-03-26 18:24 | Report Abuse

Wah really slow and steady!

Posted by GTdyno > 2017-04-01 13:40 | Report Abuse

http://theedgemarkets.com/my/article/paramount-bring-landed-living-quality-multi-storey-projects?type=corporate

Posted by goldeneyes007 > 2017-04-10 21:52 | Report Abuse

i love this counter...
oh my popcorn..hik hik hikk...
----------
goldeneyes007 oh my popcorn!!
26/02/2017 13:37
--------
goldeneyes007 Hik hik hik... i love u paramon..... ngeeeee
09/01/2017 21:04

Posted by goldeneyes007 > 2017-04-10 22:13 | Report Abuse

https://t.me/thegoldeneyes007

Posted by GTdyno > 2017-04-25 20:10 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5405809

Posted by James Yeo > 2017-04-25 22:34 | Report Abuse

Just for Sharing...
Is Paramount Corporation Berhad a Good Buy with a 9.6x P/E and 5% dividend yield?
https://klse.i3investor.com/blogs/small_cap_asia/121431.jsp

Posted by tradeview > 2017-04-26 17:34 | Report Abuse

we called it around 2 months ago to the public at RM1.65. Today move is very near our TP of RM1.90. We are extremely happy with the outcome. Within expectation.
http://klse.i3investor.com/blogs/tradeview/117303.jsp

Posted by bclim_83 > 2017-04-26 22:20 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/01/13/rhb-research-possible-rerating-for-paramount-corp/#TVveWO9mPRmPkOYL.99
Target price rm 2.24

Posted by Amnota > 2017-06-18 21:57 | Report Abuse

Well done paramount

Posted by Amnota > 2017-06-18 21:57 | Report Abuse

Well done!!

Posted by RVI123 > 2017-06-19 15:35 | Report Abuse

When will the sales of 2 education assets take effect?

Posted by Hafid > 2017-06-21 07:57 | Report Abuse

Not in the short term

Posted by RVI123 > 2017-06-21 17:06 | Report Abuse

Any idea when? The sale of the eductaion assets to a REIT was announced by the CEO at the end of last year. More than 6 months ago.

Posted by Hafid > 2017-07-02 07:25 | Report Abuse

If.come down than only enter. Property market is still in downward mode. A lot of vacant.what I worry here one day just like Japan

Posted by Hk Wong > 2017-07-17 15:19 | Report Abuse

no separate listing for reit. so sharehodler will not benefit. sell the schoold to private reits. do not know can get good price. with economy downturn who want to buy reits. rental also canoot collect

Posted by gforce2 > 2017-08-01 18:52 | Report Abuse

https://www.theedgeproperty.com.my/content/1184726/paramount-sell-schools-nations-first-education-trust-alpha-reit

KUALA LUMPUR (Aug 1): Paramount Corp Bhd’s wholly-owned subsidiary plans to dispose off its private and international schools, Sekolah Sri KDU (SSKDU) and Sri KDU International School, to newly-formed Alpha Real Investment Trust (REIT) for RM165 million.

...

Paramount said the proceeds from the proposed sale, expected to be completed in the fourth quarter of 2017, would be used to cut back on leverage for the group (RM113 million), reward shareholders (RM31.8 million) and for working capital (RM19.7 million).

Posted by tradeview > 2017-08-01 20:04 | Report Abuse

This is wonderful news and well done to management for making a good decision to REIT their education assets. Also kept to their promises. In line with our expectations

http://klse.i3investor.com/blogs/tradeview/117303.jsp

Posted by equitydiary > 2017-08-01 22:41 | Report Abuse

Rerating catalyst.

Posted by Hk Wong > 2017-08-02 09:21 | Report Abuse

Paramount has allocated about MYR32m for a special dividend (or MYR0.075 per share) after the disposal of its Sri KDU campus yesterday. We believe shareholders would continue to be rewarded as the company further unlocks its asset values going forward. These include the potential disposal of other education properties, as well as the listing of the education division. Given the gain on disposal of MYR72.9m, we raise our TP to MYR2.37 (from MYR2.24, 27% upside) and keep our BUY call.

Hives off Sri KDU campus. Paramount announced its disposal of the Sri KDU campus to Alpha REIT (an unlisted Islamic education REIT backed by Employees Provident Fund) for a total cash consideration of MYR165m. The company has also entered into a triple-net lease agreement with the REIT to lease the property for 10+10 years, at a rental yield of around 7%.

Utilisation of proceeds. Of the MYR165m in proceeds, about MYR113m would be utilised to pare down borrowings. MYR31.8m would be allocated for a special dividend, which should be paid after the transaction is completed in 4Q17. This translates into a payout of MYR0.075 per share. Including our FY17 DPS forecast of MYR0.09, FY17F dividend yield may potentially hit 8.8%.

Positive on the asset monetisation exercise. We believe Paramount is just at the beginning stage of monetising its assets. This is in line with the asset-light strategy that its CEO, Mr Jeffrey Chew, has always emphasised on. Among the other assets that can be monetised in the future include the three REAL school campuses, as well as the listing of the education division. We think these are among the re-rating catalysts in the pipeline that could potentially drive its share price over the next 1-2 years.

Encouraging demand for Batu Kawan Utropolis. For the property development division, we understand that Paramount would likely exceed its full-year property sales target of MYR500m, as its sales in 1H have been very encouraging. Management indicated that its Batu Kawan Utropolis project has seen strong demand, as the growth prospects at Batu Kawan become more visible with the opening of Design Village, as well as the ongoing construction works of the KDU campus, Aspen Vision City and the IKEA outlet. Unbilled sales as at 1Q17 stood at MYR506m.

Forecasts. We revise our FY18-19 earnings forecasts down slightly by 1-2%. The overall impact to earnings is minimal, as the new rental expense for Sri KDU would be largely offset by the savings in interest cost and depreciation. After paring down the debt, Paramount’s net gearing is expected to improve to around 40%, from 46% currently.

BUY. We maintain our BUY rating on Paramount and lift our TP to MYR2.37 (from MYR2.24) to account for the disposal gain of MYR72.9m. This is based on an unchanged 55% discount to its property RNAV and a 20% SOP discount. We believe the asset monetisation catalysts as well as the attractive dividend yield would continue to drive investors’ interest on the stock. Downside risks to our call include weaker-than-expected market conditions.

Posted by YoungInvestor > 2017-08-02 16:50 | Report Abuse

What happen , stock went down with good news ?

Posted by RVI123 > 2017-08-02 17:37 | Report Abuse

it is due to bad market sentiment. Good news does not convert to high price.

Posted by equitydiary > 2017-08-03 09:58 | Report Abuse

Still ok to hold. According to RHB report, 7.5 sen special div + 9 sen in FY17 = 16.5 sen of dividends, about 9% yield.

Posted by equitydiary > 2017-08-03 10:01 | Report Abuse

After selling more of its education properties to Alpha REIT, they will list the education business. Double unlocking of value, and potentially more special dividends along the way.

Posted by Timothy Teoh > 2017-08-16 18:27 | Report Abuse

Outstanding 1H result after factoring out 2016 one-off gains

Posted by magus > 2017-08-29 12:58 | Report Abuse

what's the point? very hard to make money from this stock, very illiquid with very thin trading. better put your money elsewhere.

Posted by Pc Tan > 2017-11-14 18:23 | Report Abuse

very good Q result,tomolo shot up to 2.00

Posted by bclim_83 > 2017-11-14 19:39 | Report Abuse

9mth property sale already over 650million, surpassed 2016 full yr 420million. Final quarter will launch atwater in pj and suasana in batu kawan utropolis. Full yr sale should reach rm 800 million. Education division is doing very good too. Management will pay additional 7.5 cent dividend proceed from sri kdu campus sale

Posted by Pc Tan > 2017-11-14 20:06 | Report Abuse

when can get the 7.5 cent dividend bro

Posted by Edwardong53 > 2017-11-15 08:00 | Report Abuse

This laggard stock very tightly controlled by the major shareholders

Posted by Rica7894 > 2017-11-15 08:50 | Report Abuse

Paramount’s 3Q17 results fell below our estimate. The company’s headline net profit was boosted by a MYR77.8m gain on disposal arising from the sale of its Sri KDU campus.

3Q17 new property sales were at MYR213m, vs MYR176m in 2Q17. This brings the 9M17 total to MYR633m. Sales continued to be strong, mainly driven by various incentives and rebates offered for a few projects.

Given the strong sales, the company’s unbilled sales continued to increase to MYR588m (from MYR534m in 2Q17).

As the disposal of the SRI KDU campus was just completed in October,expect the special DPS of MYR0.075 to be paid in the coming months. This, as well as the listing plan for the education division, would continue to drive its share price ahead.

Posted by RVI123 > 2018-01-02 00:56 | Report Abuse

Jeffrey Chew said before that the company may list its education arm. This will be a positive development to the company.

Posted by RVI123 > 2018-01-02 21:57 | Report Abuse

Another value unlocking move from Paramount. Paramount sells 9.4 acres Kota Damansara land for RM92mil. It is expected to make an after-tax gain on disposal of RM33.19mil.

http://www.theedgemarkets.com/article/paramount-sells-kota-damansara-land-rm92m

Posted by enid888 > 2018-01-03 12:40 | Report Abuse

PCB will be more and more efficient and profitable. The new CEO is doing a lot of strategic moves. Selling the education assets and the not immediately developable landbank to reduce the company debts and save on interest payments. The sales also unlock the values of the properties. In addition to that, PCB also works with Selangor State to develop RM1bil project near to Asiajaya LRT Station. The CEO is working hard and the future profits will increase.

Posted by bclim_83 > 2018-01-05 10:24 | Report Abuse

The education arm is valued at rm 700 million and current market value of paramount is merely over rm 700 million including its property arm. I hope mr jeffrey can fulfill his aim to increase the market value to over rm 1 billion. To achieve this, the share price should be ard rm 2.50.

Posted by RVI123 > 2018-01-08 17:46 | Report Abuse

Jeffrey said that the company will set up Sri KDU primary and secondary schools in Klang. The company also has plan to expand its education arm to China.