Posted by wallstreetrookie > 2021-11-08 11:22 | Report Abuse

@imvu aka master trader

Posted by wallstreetrookie > 2021-11-08 11:23 | Report Abuse

Pump and dump? The stock literally exploded 2000%. This is normal. A lot of people missed out so they think they are geniuses when the stock tanks.

Posted by wallstreetrookie > 2021-11-08 11:24 | Report Abuse

Tesla skyrocketed 2000% and dropped nearly 70% when they almost went bankrupt. Some people just cannot see the bigger picture.

Posted by wallstreetrookie > 2021-11-08 11:25 | Report Abuse

They have a real office at Kota Damansara btw.

Posted by Pcmont123 > 2021-11-08 12:21 | Report Abuse

Master kuku fengshui pang....going to palindao

Posted by wallstreetrookie > 2021-11-08 12:21 | Report Abuse

Scare tactics. Load up

Posted by wallstreetrookie > 2021-11-08 12:23 | Report Abuse

If I’m in, I’m in till the end

Posted by wallstreetrookie > 2021-11-08 12:43 | Report Abuse

Haha time to slaughter these bears

Posted by wallstreetrookie > 2021-11-08 12:46 | Report Abuse

The resignation of these two directors is actually bullish because for the past few years, they have been doing nothing but leeching off the company's cash via remunerations. Major shift in shareholding and board of directors.

Posted by wallstreetrookie > 2021-11-08 12:49 | Report Abuse

This stock has too many traders. According to my algorithm, 76% of retail investors with less than 10,000 shares have exited. Buy the dip

Posted by wallstreetrookie > 2021-11-08 12:52 | Report Abuse

Look at KLSE Screener. A bunch of impatient gamblers. I love this

Posted by wallstreetrookie > 2021-11-08 12:53 | Report Abuse

This could either be:-
1. Bargain of the century
2. First dip

You bet my prediction is the first one

Posted by LisaTan > 2021-11-08 20:59 | Report Abuse

may be need to wait the price a bit stable, don't know when he will dip

Posted by charlie chia > 2021-11-08 21:01 | Report Abuse

Drop from 2.72 to 1.44 before rebound back
I think can collect some now

Posted by birkincollector > 2021-11-08 21:02 | Report Abuse

huhu...next would be BSL

Posted by michaelwong > 2021-11-09 01:01 | Report Abuse

Just like Tafi which l bought at avg price 2.65 and then it drop until the lowest of 1.77 . I sold at 1.85 and from then onwards it stage a continuous strong rebound. Bang balls. Watch out Mgrc will stage a strong imminent rebound like Tafi. Can buy some for short term gains

Posted by wallstreetrookie > 2021-11-09 07:24 | Report Abuse

Good change in boardroom. Let's go!

Posted by wallstreetrookie > 2021-11-09 07:25 | Report Abuse

Ex-Bank Negara banker and Fintech professional.

Posted by wallstreetrookie > 2021-11-09 07:46 | Report Abuse

84% of retail investors have exited

Posted by calvintaneng > 2021-11-09 07:56 | Report Abuse

https://www.youtube.com/watch?v=Zm6c9YytnOQ

Posted by teareader818 > 2021-11-09 09:46 | Report Abuse

Any reasons why the two directors resigned? Since they were accounting professionals, was it due to disputes in the accounts? The market's response believes so. Until this matter is cleared, I believe the shares will continue to fall.

wallstreetrookie Ex-Bank Negara banker and Fintech professional.
09/11/2021 7:25 AM

Posted by teareader818 > 2021-11-09 10:26 | Report Abuse

One other indication, the directors who resigned were in their thirties i.e. in their prime, whereas for the replacements, one was in his fifties and the other in his seventies! Seems like more of a cover-up to me.

Posted by teareader818 > 2021-11-09 10:35 | Report Abuse

Maybe getting the licence to operate the cell lab will turn things around. Best of luck!

Posted by wallstreetrookie > 2021-11-09 10:59 | Report Abuse

yeah you sold so you will find a lot of reasons to support your argument.

Anyways doesn't matter. I have 20+ other companies to cover. If the company fails, I wouldn't have any emotion at all. Very diversified portfolio so if a stock tanks, I would just buy the dip

Posted by mohdaminsabu > 2021-11-09 12:14 | Report Abuse

How to turn things around, if the existing Management Team does not cooperate with the new Board members @wallstreetrookie? Please remember, this counter is in GN3 and have a regularization plan to be submitted to the exchange before the deadline 31/12/2021 time is running out. You can change the entire Board members but the Management Team remain the same, and how things can be cook up. Best of luck!!!

Posted by teareader818 > 2021-11-09 13:58 | Report Abuse

I write with the best of intentions. I'll continue to watch this counter closely for future entry. When a major shareholder wishes to exit, it will be foolish to support the price. The game changer is still the cell lab. If the Management is unable to get the licence by year end, existing investors will lose confidence and dispose their shares in earnest. Just think, the Management had appointed senior ex-MOH staff to be directors for the singular purpose of getting the cell lab approved. It will be a fiasco if they still can't and the effect will be felt on the share price.

Posted by mohdaminsabu > 2021-11-09 14:37 | Report Abuse

Look at CircleDNA, this is a Hong Kong company and they have been doing a good job in promoting their product and branding in the social network and where is MGRC. To be honest, even they have appointed ex-MOH senior staff as Director is only getting the cell lab approval, most importantly is the company needed to get more new businesses and improve the profitability. Just like Chinese poet says “Changing the Soup but not the Medicine”.

Posted by wallstreetrookie > 2021-11-09 14:56 | Report Abuse

ohh when the stock price is down, a lot of comments come out.

Posted by wallstreetrookie > 2021-11-09 14:57 | Report Abuse

@mohdaminsabu For the record, Revenue Group Berhad went up 43% after your attack. Mind explaining why.

Posted by wallstreetrookie > 2021-11-09 15:00 | Report Abuse

Get lost then @teareader818

Posted by teareader818 > 2021-11-09 17:38 | Report Abuse

When the share that has been moving up most of the time, suddenly drops like a stone, we would want to know why. Is it due to profit taking or some serious underlying problems in the company? If it the latter, if we had purchased at the peak, our indecision would have cost us plenty. For the fortunate early birds like me, we still have to decide on whether to stay put or cut our profits. It is through sharing information that we have a better chance of making the `right decision'. Hope you understand.


wallstreetrookie ohh when the stock price is down, a lot of comments come out

Posted by wallstreetrookie > 2021-11-09 20:56 | Report Abuse

All I see is good news. I don't understand y'all are so bearish. Nothing has changed except change in boardroom.

Posted by michaelwong > 2021-11-09 21:07 | Report Abuse

2morrow collect t3 cheap tickets.......can easily get below 1.50 no sweat.

Posted by KLSE_Observer > 2021-11-10 06:57 | Report Abuse

I believe it is at the bottom already so i bought few batches around $1.5. Hope my analysis is correct.

I did the same for Tafi and looks like Tafi already reach max price in short term so may sell it by this week.

Hope to make 40% profit from MGRC in short term.

Posted by wallstreetrookie > 2021-11-10 13:06 | Report Abuse

Time to slaughter the dumb traders on KLSE Screener. Just look at the comments there.

Posted by wallstreetrookie > 2021-11-10 13:06 | Report Abuse

Load up again

Posted by petak64 > 2021-11-10 14:04 | Report Abuse

Rm2. Is ppossible today.. Tomorow another 10-15%. Gogo go Mgrc all theway. Going to catch Tafi guys...

Posted by imvu > 2021-11-10 15:45 | Report Abuse

hari ni hijau , besok hijau ? hari hari hijau ?

Posted by wallstreetrookie > 2021-11-10 15:45 | Report Abuse

Goodbye KLSE Screener traders.

Posted by wallstreetrookie > 2021-11-10 15:45 | Report Abuse

Buy

Posted by MuttsInvestor > 2021-11-10 15:49 | Report Abuse

...............

Posted by tpcourt123 > 2021-11-10 16:12 | Report Abuse

LU?

Posted by wallstreetrookie > 2021-11-10 16:14 | Report Abuse

Sure

Posted by sayacinaislam > 2021-11-10 17:49 | Report Abuse

TQ wallstreetrookie comment, done buy yesterday rm2.00,lol, hope tomorrow gain againt.

Posted by LisaTan > 2021-11-11 14:41 | Report Abuse

how come you can buy yesterday RM2

Posted by wallstreetrookie > 2021-11-11 15:40 | Report Abuse

MGRC shareholders hold strong. Show KLSE Screener traders that we are the best

Posted by wallstreetrookie > 2021-11-11 16:43 | Report Abuse

Buy again. Slap the ask

Posted by wallstreetrookie > 2021-11-11 16:44 | Report Abuse

Wow someone using VADER analysis on this stock?

Posted by wallstreetrookie > 2021-11-11 16:52 | Report Abuse

Retail investors dumping during after-market. Haha

Posted by wallstreetrookie > 2021-11-11 16:53 | Report Abuse

They will regret it soon