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Right now, RM0.040 looks like a strong support level. As long as the price doesn’t drop below that, things still look good. If it can break above RM0.050 with some strength, then we might see it push towards RM0.060
With RM10 billion allocated under the Housing Credit Guarantee Scheme (HCGS), OCR is well-positioned to benefit from increased support for first-time homebuyers, particularly in the affordable housing segment. Residensi Akasia launched in year 2024 under the Rumah Selangorku scheme, exemplifies the Group’s commitment to addressing these needs and remains a key driver of its pipline.
Q2 results out already. OCR recorded RM42.9mil in revenue this quarter, but incurred a loss of RM1 million after tax due to higher financing costs from a loan
Malaysia’s construction industry grew by 12.9%, with completed projects worth RM43.9 billion for the second quarter of 2025. Good news for construction stocks!
