OCR GROUP BERHAD
KLSE (MYR): OCR (7071)
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Last Price
0.075
Today's Change
-0.005 (6.25%)
Day's Change
0.075 - 0.075
Trading Volume
10,000
Changes
| Ann. Date | Date | Type | Name | Title | View |
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Discussions
11 people like this. Showing 50 of 9,778 comments
Typical phenomena - When the share price goes up, naysayers hide like turtle; when the share price drops, naysayers appear and bomb
2023-03-02 12:44
huge trading volume today. Let's see can hit 10 cents when market closes today or not
2023-03-02 15:46
Closing green is good enough for today. Look forward OCR to obtain more projects this year
2023-03-02 17:16
wanna hear a joke?
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next QR will be good
2023-03-02 17:19
wanna hear another joke?
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OCR 10 sen today.
2023-03-03 11:46
the company is good, but the company made huge lost on ECRL project. no matter how good the company is, revenue is not enuf to cover overhead expenditure, at the end good company become not good company
2 months ago
aik, not much promotion lately from the diehard investors?
ok lah.. help promote la..
"CoNSTrucTIon WaVE wiLL COmE!!"
"OCR wiLL OBTaiN moRe proJECts tHIs YeaR!!"
"nExT QR WiLL be gOOD!"
2 months ago
bad sentimental, better look 1st...if got extra monies, can buy at 0.070-0.065 for long term investment...otherwise dont touch
2 months ago
all died kaw kaw..lots of stock already goreng on 2020-2021 sold out and now silent spend few years to collect back at cheap price
2 months ago
Hahaha .! F . uck company !
OCR Group Bhd has planned a private placement of up to 40.0% of its share base to raise an estimated RM27.0m to fund its development projects
1 month ago
OCR Group Bhd’s units are being sued by their contractor over alleged payment default of RM30.93 million in relation to projects in Kuantan and Petaling Jaya. Kencana Amanjaya Sdn Bhd is suing OCR’s 90%-owned subsidiary OCR Properties (Kuantan) Sdn Bhd relating to a residential project involving 979 terrace houses and 130 units of semi-detached houses in Kuantan.
OCR said that Kencana was appointed as contractor in January 2018 for this project via a letter of award, which was terminated in April 2021. Kencana’s claims include RM16.38 million of outstanding debt and general damages arising from breach of contract.
1 month ago
KUALA LUMPUR (April 20): Property developer OCR Group Bhd has maintained that there is no operational impact on the group arising from the lawsuit filed by a former contractor over alleged payment default of RM30.93 million in relation to projects in Kuantan and Petaling Jaya.
The claims by the ex-contractor, Kencana Amanjaya Sdn Bhd, are baseless and frivolous, said OCR in a statement on Thursday (April 20), adding that it has instructed its solicitors to contest the matter to fully defend its interest.
On Wednesday, OCR said Kencana is claiming alleged outstanding debt of RM16.38 million from its 90%-owned subsidiary, OCR Properties (Kuantan) Sdn Bhd, relating to the PRIYA Kuantan project.
The group said Kencana was appointed as the contractor for this project in January 2018 but was terminated in April 2021.
OCR added that Kencana is similarly claiming alleged outstanding debt of RM14.55 million from the group's wholly-owned subsidiary, OCR Construction Sdn Bhd, relating to the YOLO Signature Suites project, for which Kencana was appointed as contractor in May 2019 but terminated in April 2021.
In its statement on Thursday, OCR said PRIYA Kuantan is the largest affordable housing scheme in Kuantan, comprising 1,124 units of single-storey terrace houses and semi-detached homes within the RM125,000 to RM254,000 price range.
The project is a 50:50 joint venture between OCR Properties and Yayasan Pahang to develop the 100-acre land in Kuantan.
The RM166 million gross development value (GDV) project has been fully sold since its launch, with OCR set to deliver vacant possession of the first phase of 394 units in the second quarter of 2023. The balance 730 units are slated for vacant possession in the third quarter of 2023.
On the YOLO Signature Suites in Bandar Sunway, Petaling Jaya, OCR said it is cmpleting construction in the second quarter of 2023, having marked the topping up in December 2022.
The group said the low density 40-storey high-rise features 395 exclusive units, and the contract value amounts to RM159.6 million.
“We are tracking the market-appropriate timing for new launches of residential properties in the mid-term in strategic locations across diversified segments, from affordable housing and exclusive sub-urban condominiums, to condominiums,” said OCR Group managing director Billy Ong Kah Hoe.
He added that the group was simultaneously diversifying its property segment coverage to include the commercial segment, initially through the integrated e-commerce logistics hub which will also build a platform for sustainable earnings for the group.
OCR shares closed unchanged at 8.5 sen, valuing the group at RM84.15 million.
1 month ago
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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
Moving up alrdy and retesting to break 10 cents again
2023-03-02 10:33