ks55

https://www.thestar.com.my/business/business-news/2024/08/13/bull-runin-sight

2024-08-14 08:37

ks55

Everybody knows Paramount is going to announce latest QR next week.

2024-08-19 09:28

fortunefire

wonder why they dont wanna buy lands in JB....

2024-08-19 15:41

fortunefire

property market tumbles?

2024-08-26 16:35

SHOB

no dividend announcement

2024-08-27 09:31

ks55

WE will have to compare Q2 result with Q1.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3451554

2024-08-27 11:51

ks55

No point shooting blank into the air.

2024-08-27 11:52

ks55

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

2024-08-28 18:44

ks55

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.

2024-08-28 18:58

ks55

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

2024-08-29 06:45

fortunefire

fuiyoh! QoQ looks very impressive!

2024-08-29 17:20

ks55

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.

2024-09-01 17:42

ks55

Got 3 sen dividend, ex tomorrow.

2024-09-09 14:18

ks55

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

2024-09-26 09:50

fortunefire

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

2024-09-30 21:58

mf

Dow Jones

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2024-09-30 22:22

ks55

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

2024-10-11 16:27

ks55

Paramount will announce Q3 result by 25 Nov.

2 months ago

diuleiloumei

Since June drop from 1.26 till 1.1 now

2 months ago

ks55

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

2 months ago

ks55

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

2 months ago

ks55

If you bought YTLP, you have lost 40%.

2 months ago

ks55

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

2 months ago

Michael Kwok

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

2 months ago

ks55

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.

2 months ago

ks55

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

2 months ago

ks55

Do you think Paramount will report better QR?

2 months ago

ks55

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

1 month ago

hng33

bought paramount at 1.06

1 month ago

hng33

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

1 month ago

SHOB

goodluck

1 month ago

hng33

Another interim dividend 3 sen declared

1 month ago

ks55

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

1 month ago

ks55

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

1 month ago

fortunefire

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.

1 month ago

SHOB

good dividend stock

1 month ago

AhHuat01

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.

1 month ago

SHOB

confident with the develpoer

1 month ago

ks55

Next Tuesday Ex-Dividend. Ashwood 90% sold?

1 month ago

ks55

马后炮

1 month ago

ks55

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

1 month ago

ks55

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

1 month ago

ks55

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

1 month ago

ks55

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

1 month ago

hng33

sold back at 1.12

1 month ago

ks55

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

1 month ago

ks55

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

1 month ago

fortunefire

higher div next year.

1 month ago

ks55

Just came back from site visit. Sites for Ashwood and new land acquired really fantastic!!!

1 week ago

fruitcake

hero in a quicksand or turbid water👍😁

1 week ago