KLSE: OCR (7071)       O&C RESOURCES BERHAD Main : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.565   -0.01 (1.74%)  0.56 - 0.57  68,500
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Market Cap: 145 Million
NOSH: 257 Million
Avg Volume (4 weeks):229,080
4 Weeks Range:0.55 - 0.59
4 Weeks Price Volatility (%):
52 Weeks Range:0.345 - 0.69
52 Weeks Price Volatility (%):
Average Price Target: 0.61
Price Target Upside/Downside: +0.045

Financial Highlight

Latest Quarter | Ann. Date 30-Apr-2017[#3]  |  21-Jun-2017
Next QR | Est. Ann. Date: 31-Jul-2017  |  26-Sep-2017
T4Q P/E | EY: -413.89  |  -0.24%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.3524  |  1.60
T4Q NP Margin | ROE: 6.98%  |  -0.39%

Market Buzz

Date Type Subject
17-Aug-2017 Insider Notice of new substantial holder - ACE CREDIT (M) SDN. BHD. on 15-Aug-2017.
21-Aug-2017 Forum 1 New Comment


Date Subject
11-Aug-2017 PublicInvest Research Headlines - 11 Aug 2017
11-Aug-2017 Mplus Market Pulse - 11 Aug 2017
19-Jul-2017 PublicInvest Research Headlines - 19 Jul 2017
29-Jun-2017 Daily Technical Highlights - (OCR, UMCCA)
22-Jun-2017 Mplus Market Pulse - 22 Jun 2017
17-Apr-2017 TRADING BUY - OCR (7071)
17-Apr-2017 M+ Online Technical Focus - 17 Apr 2017
16-Mar-2017 Daily technical highlights - (OCR, TAWIN)
06-Mar-2017 OCR (7071) - UPDATE: TAKE PROFIT
16-Feb-2017 TECHNICAL BUY - OCR (7071)
09-Jan-2017 PublicInvest Research Headlines - 9 Jan 2017
30-Dec-2016 Trading Ideas: OCR (7071)
20-Dec-2016 Mplus Market Pulse - 20 Dec 2016
31-Oct-2016 实为行使价45仙凭单 OCR-PA不应低过OCR-WC/温世麟

Business Background

O&C Resources Berhad, an investment holding company, manufactures and sells rubber and baby products in Malaysia, rest of Asia, Europe, Africa, and internationally. It operates through Manufacturing, Trading, Construction, Property Development, and Others segments. The company manufactures condoms, baby products, and molds. 

It is also involved in trading and retailing rubber products, baby apparels and accessories, infant milk formula, toiletries, and consumable products; and VOLTECX branded electrical and mechanical products, such as cable trunking, trays, and ladders, as well as conduits and conduit fittings.

In addition, the company engages in the construction of residential and commercial properties; and property development and investment activities. It offers baby products under the Japlo name; condoms under the Playsafe and Romantic names.

The company was formerly known as Takaso Resources Berhad and changed its name to O&C Resources Berhad in October 2015. O&C Resources Berhad was incorporated in 1997 and is based in Petaling Jaya, Malaysia.
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  8 people like this.
kyaputencom if one day can long green candle, one day long red candle is possible too
19/06/2017 07:58
John Angel market crashed will be in 2018
20/06/2017 19:09
Jessgoh Result good for dump share
22/06/2017 10:15
kql0003 Counter tipu
22/06/2017 10:18
Qwertyuiop extreme volume today. watch closely coming trading days.
22/06/2017 15:48
John Angel this year not so good for this company.run..
22/06/2017 18:39
AK2899 many will say Market Crash soon , but current trend so many cash printed by US & china after 2008 , so many fund rich with cash waiting this good opportunity if the market really can crash, u think now we still back in 1997?
24/06/2017 18:29
JPong This company perform below expectation. Run run run. Poor performance company for this quarter.
04/07/2017 14:27
cytew OCR PA now is a good buy at 14/14.5 sen for arbitraging conversion
05/07/2017 08:22
JPong It's a good buy if there is possiblity to go up back to 0.24 , this counter have been dropping even with the company report showing with earning profit.
05/07/2017 08:37
ttluck OCR PA still holding @ 0.22....hmmm....jus wana hope it rebound soon....
05/07/2017 14:47
JPong ttluck, hopefully It will rebound back 0.2 above.. But I guess it will happend only next year. This year no hope.
05/07/2017 15:45
Goodluck888 Dun worries, it will and within 3 months time.
06/07/2017 13:02
cytew once the Usim project contract is signed , I expect mother share will go above 70 sen...pa will go above 20 sen
06/07/2017 13:44
vincentfoo Agree with you cytew. OCR need a big news like USIM to reverse this downtrend.
06/07/2017 13:46
cytew for the time being, just diligently do your arbitraging conversion of pa , so your pa per unit cost will decrease gradually overtime, my average unit cost till today is 4.1 sen per unit
06/07/2017 13:50
vincentfoo cytew, how many days it takes for the conversion of PA to ordinary shares?
06/07/2017 17:25
cytew on average is about taking 7 working days for each conversion
07/07/2017 08:13
vincentfoo tqvm for information
07/07/2017 09:17
ttluck mor guys....hopefully patience is rewarded to all shareholders...
07/07/2017 10:06
kql0003 小心
07/07/2017 11:46
kql0003 PA 是母股的两倍多,大股東持有很多,每只P A要45¢才能轉換母股,看看P A价位,很便宜。当他们出完P A,还有人扶持母股吗?
07/07/2017 11:55
cytew This time we see OCR drops, OCR PA rises . you want to know WHY ? ha!ha!
07/07/2017 15:45
JPong Speculation going on in this OCR stock. Better run faster before it drop below 0.5.
10/07/2017 18:36
JPong Better run fast. Getting to 0.5 soon, no need so much of patient.. Tanah Runtuh!!!
11/07/2017 12:43
faytdestiny I buy at 615 wo should cut loss? How come it sharp drop today?
11/07/2017 13:29
funda first batch PP price fixed at 60 cent.
11/07/2017 14:12
yangstockwatch PA again washing out the weak holder....great timing to collect more tickets now...
11/07/2017 15:56
John Angel i already buy at price 0.18, now loss 30%
11/07/2017 21:26
ppfoong This counter will continue to drop everyday, until the USIM contract is signed. If by December still not signed, MoU lapsed and u will see big drop. Now, put ur bet, when will it be signed? tomorrow? 1 week? 1 month? or never sign?
11/07/2017 22:25
faytdestiny My ocr at 615 should I cut loss now? Loss 10% plus
11/07/2017 22:37
faytdestiny Where operator mention?
12/07/2017 12:22
nocindycat Placement at 60cents, meaning fair value of ocr pa is 15cents, buy?
12/07/2017 16:54
funda operator already left this counter long time ago... Even without USIM, OCR is worth more than 60 cent..
12/07/2017 22:40
CharlesT We refer to the announcements made on 27 March 2017, 31 March 2017, 30 May 2017 and 11 July 2017 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On 11 July 2017, the Board fixed the issue price for 8,500,000 Placement Shares at RM0.60 each. Pursuant to Paragraph 6.13 of the Listing Requirements, the payment for the said Placement Shares must be made by the placees within 5 market days from the price-fixing date (i.e., 18 July 2017). As the payment for the 8,500,000 Placement Shares has not been received as at today, the placement of 8,500,000 Placement Shares at RM0.60 each has lapsed.

Depending on the market conditions and the timing of identification of suitable placees, the Board shall re-fix the issue price for the Placement Shares in due course.

This announcement is dated 18 July 2017.

Like this also can ah???
18/07/2017 18:25
dadada123 Tomorrow fly?
18/07/2017 22:04
jk37 just get 324mil project
18/07/2017 22:05
kenny5978 Sad to buy OCR-PA > RM0.22....
High Breakeven cost..
18/07/2017 23:00
deancpc http://www.theedgemarkets.com/article/oc-resources-bags-rm324m-ppa1m-project
19/07/2017 07:17
John Angel This counter macam not good, how your view?
29/07/2017 20:29
John Angel cut lose better bet other potential counter
31/07/2017 20:11
VampireMe how come after got the 324m big project never fly but dropping instead?
04/08/2017 00:13
Striker90 wait till year end with previous promised profit earning fulfilled only can fly
05/08/2017 09:43
1009 PA have start to cheap.. can start buy few n play ma?
07/08/2017 12:18
1009 Convert is 0.45 + 0.11 = 0.56? PA... so can perlahanx2 collect when is start lower?
07/08/2017 12:19
1009 Sapux2 b4 so late?
07/08/2017 12:21
Jessgoh U won't hv the chance to convert the Pa
07/08/2017 12:51
DCF_Skeletor i think this counter needs time. It is being artificially managed at current levels to facilitate the share placement exercise. If all goes according to the plan, the exercise will be completed by 3Q17. What happens next is up to your imagination.
07/08/2017 13:29
vinext 1st Qtr 3.6m NP on 18.1m sale, whole yr 18.1 or 182m. Growth comng in, somehow KOON or KKY didnt see it, other 2co growing profit will be MMS, ThongGuan:
aug 14 star http://www.thestar.com.my/business/business-news/2017/08/14/ocr-turnaround-plan-on-track-says-md/
This year alone, OCR has garnered some seven contracts, which are a combination of construction and property development jobs from various government agencies.

“We have put the house in order and the turnaround is going as planned. Financial year 2018 (FY18) should see further improvements, and based on existing contracts,” managing director Billy Ong Kah Hoe said.

RHB Research expects OCR to record a net profit of RM3.6mil on the back of a revenue of RM18.1mil for its financial year ended July 31, 2017.

The big jump in earnings is expected to be seen in FY18, with RHB Research forecasting a net profit of RM18.1mil on the back of RM182mil in revenue.

“Right now, the improving results are due to progressive recognition of revenue from one project. Over the next six months, we will be starting on some three projects, two PR1MA-related contracts and our Pahang contract, which we just announced this (last) week,” said Ong.

Last Thursday, OCR announced that it has teamed up with the Pahang State Foundation to carry out a mixed development project in Penor, Pahang. The project will have an estimated gross development value (GDV) of RM166mil.


Ong said this contract had already secured 75% of sales and OCR was in the midst of getting the nescessary approvals to start work before year-end.

The Pahang project stems from the appointment of OCR’s 70%-owned subsidiary, Pangkal Teguh Sdn Bhd, in September last year as project management consultant (PMC) for the foundation’s affordable homes in Pahang.

The affordable housing development scheme will consist of about 25,000 residential units and the PMC contract value is at an average of 4.8% of the GDV.

The total estimated profit attributable to the group from the PMC is about RM91mil over a seven-year construction period.

As for the other two projects that it intends to start soon, the first is via its associate company, AES Builders Sdn Bhd. AES was appointed by Perbadanan PR1MA Malaysia to carry out the construction of a project worth some RM155mil.

The second job is a RM324mil contract from Damansara Realty Bhd to undertake a civil servants housing project in Putrajaya. Ong hopes to start work on both projects by year-end.

Meanwhile, Ong plans to launch OCR’s maiden project over the next few weeks. This comprised a block of serviced apartments in Jalan Yap Kwan Seng, some 700m from the Petronas Twin Towers.

“So far, we have garnered pre-launch sales of some 75%. We are very encouraged by this, considering the soft market.

“I believe that if we have the right location and launch at a competitive pricing, buyers will come,” said Ong.

OCR closed last Friday at 55.5 sen. At this price, the stock has a market capitalisation of RM144mil. It is up some 11 sen or 25.8% on a year-to-date basis.

Read more at http://www.thestar.com.my/business/business-news/2017/08/14/ocr-turnaround-plan-on-track-says-md/#wTKTgF51uXMzlKF6.99
15/08/2017 06:34
DCF_Skeletor http://www.bursamalaysia.com/market/listed-companies/company-announcements/5517493

Interesting shareholder. Are they also the private placement investor? or are there more?
21/08/2017 09:49


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