cytewOCR PA-7071PA (a non-burnt warrant equivalent with conversion price of 1 PA+ 45 sen cash with maturity on 24 July 2021) is indeed a good leverage tool that can be used to tape MAXIMUM benefits of transformation of OCR-7071, from a lost making rubberized products manufacturer to a profitable property development and construction entity ...perhaps a hidden gem in this bearish market...please watch out for it closely in coming weeks ！
cytewKUALA LUMPUR (Dec 30): Public IB Research said O&C Resources Bhd’s (OCR) share price gradually moved into higher-low and higher-high, giving rise to formation of an uptrend after undergoing a sharp retracement from resistance of 69.5 sen.
In a technicals note today, the research house said both bullish RSI and MACD indicators signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend before the next reversal signal.
“Should 46.5 sen resistance level be broken, it may continue to lift the price higher to the next resistance level of 50 sen.
“However, failure to hold at support range within 39.5 sen and 41.5 sen may indicate weakness in the share price and hence, a cut-loss signal,” it said.
vcheekeongToday Star paper article on Ocr..monday sure see action
cytewThe likely super bullish stock in 2017 is OCR PA ,a non-burnt warrant equivalent of conversion of 1PA+45 sen cash of an aggressive transformation stock OCR 7071 (formerly known as Takaso)....watch out for it closely if you STILL CAN'T SEE IT NOW..
cytewThis round the resistance at 50 sen would be very likely to be broken as the southern army (南军)..is expected to do the job.
yangstockwatchI have been adding the PA since 0.08..... And i am stil adding it now... I personal TP would be at 0.12 next wk...
AK2899THOUSANDEYE thanks for sharing but won't 17 too high? 10PA into one mothers unless mothers can at least RM0.80 ~ RM1.00 or any others conversion method?
Because i can't see 1PA + 45sen Cash into one Mother...any idea?
cytewyou can read it from the circular to shareholders regarding about right issue of PA