Bursa Malaysia (KLSE) Stock Investment Portal

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.

2023-09-06 21:17

anisbin

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

2023-09-07 13:02

anisbin

Wow! Touched rm1.00 liao!

2023-09-07 15:02

sg999

RM1 sapu semua....

2023-09-07 18:01

strong leadership team that leads the group to greater heights.

2023-09-11 09:31

adikkici

Smell good but no fans. Huhu

2023-09-12 09:09

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

2023-09-20 17:42

Good news coming

2023-11-02 14:10

geary

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.

2023-11-04 15:30

is there any div for this round?

2023-11-27 09:31

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

2 months ago

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

1 month ago

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.

1 month ago

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

1 month ago

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

1 month ago

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.

1 month ago

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.

1 month ago

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

4 weeks ago

https://www.thestar.com.my/business/business-news/2024/04/19/developers-gearing-up-for-higher-sales

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.

3 weeks ago

The most is 4 more trading days before Paramount declare its final dividend, expecting it to be 3.5 sen to 4.5 sen.

Q1 FY 25 ending 31 Mac to be announced by end of May, forecast to be not less than 6 sen per share. Annualised profit for FY 2025 to be around 25 sen per share.

Ground work is now ready for Paramount to shoot to the moon. Today lowest 1.06 is only done 800 shares, majority is done at 1.07 (1.64 million shares). You should see substantial price movement tomorrow or by Friday.

2 weeks ago

@ ks55

Hope your recommended Paramount stock can perform next week.

ks55

The most is 4 more trading days before Paramount declare its final dividend, expecting it to be 3.5 sen to 4.5 sen.

Q1 FY 25 ending 31 Mac to be announced by end of May, forecast to be not less than 6 sen per share. Annualised profit for FY 2025 to be around 25 sen per share.

Ground work is now ready for Paramount to shoot to the moon. Today lowest 1.06 is only done 800 shares, majority is done at 1.07 (1.64 million shares). You should see substantial price movement tomorrow or by Friday.

2 weeks ago

The most is 2 more trading days before Paramount declare its final dividend, expecting it to be 3.5 sen to 4.5 sen.

Q1 FY 25 ending 31 Mac to be announced by end of May, forecast to be not less than 6 sen per share. Annualised profit for FY 2025 to be around 25 sen per share.

1 week ago

Too bad. Paramount is not declaring final dividend. Change of policy.

1 week ago

Dividend stock no declaring dividend means no performing.

1 week ago

YTL & YTLP got big movement of going up last Friday, this Monday and Today. Long term, Paramount still a great company even if no declare dividend this few days.

1 week ago

According to what is written in latest Annual Report, only Interim and Second Interim dividends to declare from this year onwards. So 1st interim dividend will be declared in August and going to compensate for no final dividend for FY 23.

1 week ago

AhHuat01

guys....read the AR, in fact this statement was announced before the AR2023!

For the benefit of shareholders, the Board of Directors of Paramount has resolved to adopt the practice of declaring second interim dividends, if any, as opposed to proposing final dividends, to enable shareholders to receive the dividends earlier.

1 week ago

fruitcake

buy before it flies in no time

4 days ago

Paramount next QR end of the month. Should report not less than 6 sen a share.
Since there was no Final Dividend declared, Interim Dividend to compensate for that, 6 sen dividend is likely to declare in August.

You want to wait for next QR report by end of the month, or you want to buy now? Your decision will make you make more profit or less merely depend on timeliness action.

2 days ago

fruitcake

buy. get ready 🐢🐢

1 day ago

StartOfTheBull

One of the most lagging behind property stock.

1 day ago

JacNgu

time is ripe for a rally

22 hours ago

What do you have to talk about Paramount share price? Slowly but surely on the way up. Q1 result out by end of the month.

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

18 hours ago

Interesting development. Paramount acquires 21.5% stake in Eco World International from Quek Leng Chan for RM170.61m, cash.

16 hours ago

Since the divestment of its education businesses in 2018, Paramount has been on the look-out for opportunities to participate in new business interests for diversification of its earnings base, both locally and outside of Malaysia, all of which are within its 2020-2025 strategic plan. It has, since then, invested in several start-ups in the digital space and has expanded its property development activities overseas through a joint venture with a developer in Bangkok, Thailand.

The Acquisition presents a timely and strategic opportunity for Paramount to accelerate its overseas expansion and diversification plan. It enables Paramount to have control over a sizeable stake of 21.54% in a well-established international property development company which is governed within the Malaysian legal and regulatory landscape that is familiar to Paramount. Currently, this opportunity outweighs all other opportunities available to Paramount for overseas expansion after taking into consideration the complexities of a direct investment in foreign property development projects.

In addition, the Acquisition provides an opportunity for Paramount to explore potential
collaborations with EWI and its management team to create synergies by leveraging on the respective expertise and experience of both parties as property developers.

16 hours ago