In Q4 FY2024, the company bounced back into profitability, recording a profit before tax of RM3.79 million, a huge improvement from the loss of RM19.95 million in the same quarter last year. This shift shows that OCR’s effective cost management and asset optimization strategies are paying off.
While revenue came in at RM3.98 million, lower than the previous year due to the completion of key construction projects, the company has been able to capitalize...

OCR Group Berhad has achieved yet another milestone by securing the prestigious China ASEAN Master Class Award 2024 under the category of “Leading in Innovative Urban Property Development Excellence”. This recognition highlights the Group’s commitment to pushing boundaries in property development, leveraging its innovative approach to urban solutions.
The award will be presented during the China ASEAN Master Class Award & Ga...

Executive Summary
• Solid Q3 Results: OCR recorded RM9.94 million in revenue and RM628,000 profit before tax, driven by ongoing property development projects.
• Affordable Housing Focus: The launch of Residensi Akasia under Rumah Selangorku, with a GDV of RM287.1 million, signals a strategic pivot to high-demand affordable housing.
• Future Growth: With strong fundamentals and alignment with national housing priorities, OCR is positioned for...

$OCR (7071.MY)$ wheres the UITM professor that say can reach 9.5 cent?

OCR Group Bhd (Bursa: OCR), currently trading at just 3 cents per share, appears to be significantly undervalued, especially following their recent rights issue with free warrants.
With a modest market capitalization now and solid fundamentals (over RM100.0 million in revenue easily every financial year) in the property development and construction sectors, this undervaluation presents an attractive entry point for investors.
The company...

OCR Group Berhad (“OCR”), an integrated property developer, recently raised RM46.8 million through a highly successful renounceable rights issue with free warrants, achieving an oversubscription rate of 101.1%. This response from the market speaks volumes about investor confidence in OCR's growth trajectory and development plans.
The rights issue, priced at RM0.035 per share, was offered with tw...

Shareholders of OCR Group Berhad (KLSE: OCR) are encouraged to participate in the company’s upcoming rights issue with warrants offer, which promises substantial returns.
According to Wan Mohd Farid Wan Zakaria, a senior lecturer in finance at Universiti Teknologi MARA (UiTM), highlighted that eligible investors could expect a 60% return through this rights issuance, translating to an increase in value from 9.5 sen to 15 sen per share...