KLSE (MYR): PARAMON (1724)
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Last Price
0.99
Today's Change
-0.02 (1.98%)
Day's Change
0.98 - 1.00
Trading Volume
79,800
Market Cap
617 Million
NOSH
623 Million
Avg Volume (4 weeks)
682,673
4 Weeks Range
0.885 - 1.02
4 Weeks Price Volatility (%)
52 Weeks Range
0.65 - 1.02
52 Weeks Price Volatility (%)
Previous Close
0.99
Open
1.00
Bid
0.98 x 115,500
Ask
0.99 x 58,300
Day's Range
0.98 - 1.00
Trading Volume
79,800
Latest Quarter | Ann. Date
30-Jun-2023 [#2] | 25-Aug-2023
Next QR | Est. Ann. Date
30-Sep-2023 | 25-Nov-2023
T4Q P/E | EY
7.54 | 13.26%
T4Q DY | Payout %
18.69% | 140.74%
T4Q NAPS | P/NAPS
2.26 | 0.44
T4Q NP Margin | ROE
10.46% | 5.81%
Description:
Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Education and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Education segment is involved in the operation of private educational institutions. Investment and Others segment is involved in the investment holding and provision of group-level corporate services.
For a warrant with a maturity of just over a year, PARAMON-WA is currently trading at a very high premium of 142%. The warrant is theoretically expensive because the implied volatility is higher than the historical volatility of the parent stock.
There are not many street goods in PARAMON-WA, so the recent surge in trading volume of the warrant should be related to the sale of the warrant by major shareholders.
Based on the fact that Paradise has repeatedly issued generous dividends that warrant holders cannot enjoy, and the group also announced an ex-right dividend at the end of June, it is expected that the largest warrant holder of the company does not think that the parent stock price can rise within a year. 1.3 times to sell the warrants in hand to make the warrants change in value.
Stockholders who see a callback after seeing a large increase in the trading volume of warrants should avoid participating in speculative activities on this warrant.
told ya to leave
2023-05-08 00:42
im monitoring this stock n his baby.
the baby seems like to trap ppl. those who inside, just leave.
from buying interest .11, tmrw close 10.5
another huge vol 10.5 and close 10
same goes to 9.5/9/8.5 and now almost 8
.
just cover with other stocks
2023-05-22 12:48
Fabien _the efficient capital allocator
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.
2 weeks ago
Fabien _the efficient capital allocator
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.
2 weeks ago
Fabien _the efficient capital allocator
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
21 hours ago
TCH1186
last trading still many buy.... gap down dy....good luckkkk liao
2023-05-03 17:36