Paramount delivered splendid Q1 2014 result

Though a slight revenue decreased but it has registered a profit of RM 19.56 million. EPS of RM 5.79 cents giving Paramount around PE 7 times. Of course it has to be stable growth to be maintained along the year for a strong price adjustment upward.

Positive development about its new Penang Campus and property development project. Together with its Selangor Campus to be started in 2015. We continue call for a strong buy and subscribe to all its right issues. Before right issue our targeted worth of value is at RM 2.50 and above.

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