Hello all!

This is one stock you might have overlooked. Paramount @ RM3 is fundamentally sound and has upside potential because:

1) It has a distributable retained earnings of over RM300m on an issued capital of slightly over RM103m;

2) Dividend of 21 sen p.a. (13 sen interim & 8 sen final);

3) Prospective EPS for FY2009 of over 55 sen/share;

4) Upon the sale of its 20% holdings in Jerneh, another RM35m or more will go to its coffers;

5) Can expect a further special dividend for the final;

6) Further investments and increase in its landbank.

Please give feedback, thanks!