Just a matter of time it will move up. Construction wave will come and the new venture of industrial land development undoubtedly will escalate OCR's business revenue
OCR has bagged the construction project of YOLO Signature Suites which worth RM116.1 million and RM200.9 million in unbilled sales from ongoing property projects. Both of the earnings will be recognized in the next two years. Moreover, its share price is traded below its NTA which means it's still low risk and traded discounted price. Give it some time and it will show strong business growth in future
Plus, OCR has jointly contracts with Magna Prima to develop the Section 15 land into an integrated e-commerce logistic hub which worth RM1.5 billion in estimated GDV. The businesses of OCR will be undoubtedly robust in upcoming quarters.
Invest with patience and you will get a return from it. Or like my master said: 'Stock market is a device for transferring money from the impatient to patient'. Construction wave will bloom eventually
That depends on the philosophy of investment. For me, it will be a very steady and strong construction company given that the business ventures and projects they are having currently
Agreed. Different people got different investment strategies. Yup. fundamental investors are more fond to put OCR as a long term investment. Really hard to trade/FIFO construction company btw ...
Yes, that's true. That's why many traders lost money as they can't wait patiently for potential company to grow stronger. Just like WB said, ' Stock market is a device transferring money from the impatient to the patient' ~
Yup. New venture into industrial development and collaboration with Magna Prima to develop the Section 15 land into an integrated e-commerce logistic hub, OCR will become strong and profitable company
Yup. This quarter's revenue mainly contributed by project recognition from Damansara Jaya, YOLO Signature Suite, Priya Kuantan and PARC Industrial Selayang. Very nice~
Good Q2 results OCR had presented. But, due to high material cost it became net loss I think... Continue to monitor and it will prevail for next quarters
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BradonOoi
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Posted by BradonOoi > 2022-08-10 12:45 | Report Abuse
Hold tight and continue to observe the price activities after the announcement of US consumer price index ba