Posted by 1009 > 2017-08-07 12:21 | Report Abuse

Sapux2 b4 so late?

Posted by Jessgoh > 2017-08-07 12:51 | Report Abuse

U won't hv the chance to convert the Pa

Posted by DCF_Skeletor > 2017-08-07 13:29 | Report Abuse

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.

Posted by vinext > 2017-08-15 06:34 | Report Abuse

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.

ADVERTISING

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

Posted by DCF_Skeletor > 2017-08-21 09:49 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5517493

Interesting shareholder. Are they also the private placement investor? or are there more?

Posted by BetterTomorrow > 2017-08-29 15:29 | Report Abuse

Weng Kung Wong also know as stanley, co founded of Mobile Wallet sdn bhd. check google

Posted by BetterTomorrow > 2017-08-29 15:30 | Report Abuse

guess he is in money game

Posted by BetterTomorrow > 2017-08-29 15:31 | Report Abuse

all same same la these group of monkey

Posted by BetterTomorrow > 2017-08-29 15:31 | Report Abuse

after cheating MML, money game now in stock market

Posted by dadada123 > 2017-09-06 22:41 | Report Abuse

Engine started today

Posted by myfm_18 > 2017-09-06 22:56 | Report Abuse

coming soon?

Posted by dadada123 > 2017-09-07 18:46 | Report Abuse

Have to warm up first b4 it moving front. QR report will be come out by the end of this month.

Posted by John Angel > 2017-09-07 19:33 | Report Abuse

will go down 0.50 , because property not good this few years

Posted by cytew > 2017-09-09 10:24 | Report Abuse

2018 net profit after tax is projected to be around Rm 20/22 million...mainly from JV affordable housing scheme in Pahang and ISOLA ..

Posted by ttluck > 2017-09-12 10:22 | Report Abuse

now jus hoping that to recover back my loss fr ocr...haiz....

Posted by myfm_18 > 2017-09-12 11:25 | Report Abuse

me too

Posted by John Angel > 2017-09-12 21:23 | Report Abuse

if ocr not break 0.62 triangle, then need to wait next year, and i keep paper loss

Posted by cytew > 2017-09-12 22:19 | Report Abuse

You should buy OCR pa instead of OCR

Posted by cytew > 2017-09-12 22:41 | Report Abuse

My Tp for pa is 30 sen latest by September 2018 or earlier...

Posted by John Angel > 2017-09-16 20:04 | Report Abuse

i hope ocr-pa can go 0.200, i'm waiting a long time

Posted by cytew > 2017-09-17 15:26 | Report Abuse

20 sen is reachable, perhaps by December or earlier...

Posted by Candyliow99 > 2017-09-18 00:08 | Report Abuse

sure?

Posted by John Angel > 2017-09-18 18:40 | Report Abuse

can i believe you all ? i want swap to other stock

Posted by myfm_18 > 2017-09-19 02:18 | Report Abuse

john angel swap to where?

Posted by cytew > 2017-09-19 10:35 | Report Abuse

can swap to Titijaya Pa if you wish..

Posted by John Angel > 2017-09-19 20:10 | Report Abuse

steel companies

Posted by Candyliow99 > 2017-09-21 01:23 | Report Abuse

steel companies slow already ==

Posted by John Angel > 2017-09-21 19:21 | Report Abuse

candy, then what can invest ? i don't think other stocks will better than steel companies

Posted by Candyliow99 > 2017-09-23 00:19 | Report Abuse

John angel , how about oil and gas?

Posted by John Angel > 2017-09-23 20:05 | Report Abuse

no good

Posted by dadada123 > 2017-09-25 18:16 | Report Abuse

OCR is the best. lol. Latest QR will announce soon, might be tomorrow.

Posted by myfm_18 > 2017-09-25 19:11 | Report Abuse

QR tomorrow come out?

Posted by John Angel > 2017-09-25 20:53 | Report Abuse

QR no good, i lose money on this stock, need to wait 2 years, so long

Posted by LaoTzeAhSir > 2017-09-26 00:06 | Report Abuse

Hello, this john angel is a double faced snake that had been hanging ard here for long with his hidden agendas. can look back for his previous comments on top. Billy Ong is bullish on this FY2017 performance and one with sane mind can tell this yr is alrdy doing so well compared to all the yrs before. and the coming 3Q is a sure thing to be better than the last yr one. Pls do your own research and studies, and don't get your tickets cheated by all these con man who wish to accumulate at low and also the market manipulators.

Posted by LaoTzeAhSir > 2017-09-26 00:06 | Report Abuse

Hello, this john angel is a double faced snake that had been hanging ard here for long with his hidden agendas. can look back for his previous comments on top. Billy Ong is bullish on this FY2017 performance and one with sane mind can tell this yr is alrdy doing so well compared to all the yrs before. and the coming 3Q is a sure thing to be better than the last yr one. Pls do your own research and studies, and don't get your tickets cheated by all these con man who wish to accumulate at low and also the market manipulators.

Posted by LaoTzeAhSir > 2017-09-26 00:07 | Report Abuse

Hello, this john angel is a double faced snake that had been hanging ard here for long with his hidden agendas. can look back for his previous comments on top. Billy Ong is bullish on this FY2017 performance and one with sane mind can tell this yr is alrdy doing so well compared to all the yrs before. and the coming 3Q is a sure thing to be better than the last yr one. Pls do your own research and studies, and don't get your tickets cheated by all these con man who wish to accumulate at low and also the market manipulators. Tq

Posted by John Angel > 2017-09-26 18:57 | Report Abuse

you don't believe me ,you will keep lose ,now property less people buy , only steel companies got benefic this year

Posted by Candyliow99 > 2017-09-27 01:06 | Report Abuse

I bought PA a lot :(

Posted by Goodluck888 > 2017-09-27 08:17 | Report Abuse

Be positive and will come soon

Posted by Traderkkk > 2017-09-28 12:26 | Report Abuse

No hope on this company

Posted by dadada123 > 2017-09-28 17:23 | Report Abuse

OCR, U did the best job, Both QoQ and YoY new high.

Posted by John Angel > 2017-09-28 18:30 | Report Abuse

results so bad, 1 cents also cannot get, hopeless, tomorrow i sell all

Posted by Candyliow99 > 2017-09-28 18:52 | Report Abuse

no hope :(

Posted by LaoTzeAhSir > 2017-09-28 19:37 | Report Abuse

rubbish john demon trying to mislead people? wait for the karma

Posted by DCF_Skeletor > 2017-09-28 19:38 | Report Abuse

Correct me if i'm wrong, i think it is not all that bad. At least the company has returned to the black as promised, not to mention that the company has been focusing mostly on low-margin projects to earn a more steady income in a market that was relatively uncertain.

Posted by DCF_Skeletor > 2017-09-28 19:53 | Report Abuse

Don't get me wrong, OCR can certainly do better. 20.7million administrative expenses is very steep relative to its 88million revenue, i wonder what kind of extreme administrative work they have been performing over the past year.

Posted by Chang Han Toong > 2017-09-28 20:40 | Report Abuse

Should be further drop

Posted by 1009 > 2017-09-29 00:30 | Report Abuse

明显正在转型及成长，中期应该还会持续有不错的营收和盈利

Posted by Goodluck888 > 2017-09-29 08:09 | Report Abuse

Will have surprise on coming Q

Posted by gghaha > 2017-09-29 12:30 | Report Abuse

buy buy at 0.55 , 0.50 , 0.45....is coming