Highlights
KLSE: MGRC (0155)       MALAYSIAN GENOMICS RESOURCE CENTRE BHD ACE : Health Care
Last Price Today's Change   Day's Range   Trading Volume
0.31   -0.02 (6.06%)  0.31 - 0.325  1,129,900
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Overview

Market Cap: 32 Million
NOSH: 104 Million
Avg Volume (4 weeks):1,856,065
4 Weeks Range:0.31 - 0.39
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range:0.14 - 0.60
52 Weeks Price Volatility (%):
36.96%
Average Price Target: 0.21
Price Target Upside/Downside: -0.10

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2020 [#3]  |  22-May-2020
Next QR | Est. Ann. Date: 30-Jun-2020  |  27-Aug-2020
T4Q P/E | EY: 1.51  |  66.05%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 12.42  |  0.02
T4Q NP Margin | ROE: 105.26%  |  1.65%

Headlines

Date Subject
18-Jun-2020 Daily technical highlights – (MGRC, GREATEC)
18-May-2020 Mplus Market Pulse - 18 May 2020
14-Oct-2019 Mplus Market Pulse - 14 Oct 2019

Business Background

Malaysian Genomics Resource Centre Bhd is a Malaysia based company engaged in providing laboratory services. It primarily offers genome sequencing and analysis (GSA) services and genetic screening services (GSS). GSA services involve the sequencing and analysis of the DNA of humans, animals, plants, and microbes, to discover meaningful biological information. The company is engaged in providing GSS by developing its own range of genetic screening tests under the brand Dtec which screen human DNA for genetic markers related to diseases and health conditions. It derives the majority of the revenue from the provision of GSA services.
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AngAhHoe JV = Joint Venture
25/05/2020 1:05 PM
AngAhHoe M&A = Mergers and Acquisitions
25/05/2020 1:06 PM
ayamSG https://my.tradingview.com/chart/MGRC/f3QyZ3AM/
25/05/2020 1:11 PM
AngAhHoe @Papaping,
If possible, try to do background check on The Rain Maker Mgmt Pte Ltd.
Plenty of interesting and positive information.
25/05/2020 1:14 PM
Papaping i took more time on research crest advisory sdn bhd. Lol
25/05/2020 8:37 PM
Papaping Angahhoe thanks
25/05/2020 8:38 PM
AngAhHoe @ayamSG,
Is he on medications or high on drugs?
According to his trend analysis, he mentioned that "technically price will go down to 0.07, supported with bad latest financial quarter report."
25/05/2020 10:29 PM
Papaping Tomorrow supports is 0.330. After raya holiday see whether can break through 0.405 or not.
26/05/2020 7:29 AM
mf 22-May-2020 31-Mar-2020 308 -1,663 -1,663 -1,663 -539.94% -0.13% -1.61 0.00 12.4200 -106.86% -73.59%
27/05/2020 6:27 AM
Papaping ???
27/05/2020 7:35 AM
Papaping Fly fly fly today health care stock fly
27/05/2020 9:26 AM
roseling Drop 0.32 to 0.35 will start collecting and wait. As covid case in Malaysia getting serious again. Can try 0.45
27/05/2020 12:15 PM
hisham569 0.345 - 0.35 nice for ep.. waiting too
27/05/2020 12:39 PM
Fc Lim result not affect and strong support. something is brewing
27/05/2020 2:45 PM
Papaping today lowest 0.35 only.
27/05/2020 6:44 PM
roseling Parking at 0.32 and 0.33 and wait for the match
28/05/2020 10:51 AM
roseling Omg. Queue 30 min. No movement at all
28/05/2020 11:22 AM
roseling Collected at 0.33. Will wait for 0.32. Collect little bit more thn juz wait. Hahaha
28/05/2020 2:39 PM
roseling No chance 0.32. Haha. Let's see.

TP 0.45
28/05/2020 4:00 PM
Papaping MGRC start rebound yesterday. After raya, this stock will recover to 50 cents above
29/05/2020 8:57 AM
lavenderong Adventa selling not manufacturing also run up, almost limit up. Waiting for MGRC to rush forth.
29/05/2020 11:42 AM
martinking this counter like hopeless....gg
29/05/2020 11:50 AM
spielmacher Whoever bought above 40 sen, better cut loss, unless you can wait for magic to happen. Correction phase for covid related companies will get worse in coming months.
31/05/2020 5:36 PM
roseling 0.45 as I said. Very near d
01/06/2020 10:47 AM
Fc Lim after 0.45, can go to 0.60 ?
01/06/2020 11:16 AM
roseling Remiser said can try 0.5 I m thinking. If today above 0.4 I think can
01/06/2020 1:08 PM
Papaping Lol.. I don’t understand why they look down this stock. Lol
Unless they are day trader.
01/06/2020 1:22 PM
Papaping Other health care stock this uptrend.
MGRC may go to 56/57 cents.
01/06/2020 1:23 PM
roseling 0.45 have to sell and monitor. If keep keep above 0.4 today. Then maybe can try 0.5. But let's say drop back to 0.3x. Then most probably no hope d
01/06/2020 2:37 PM
roseling Bye everyone. I sold all at 0.455. Let's meet again if this counter hit 0.35 again
01/06/2020 3:47 PM
noobbie lets hit 50c my friends...this stock is super humble
01/06/2020 4:13 PM
Papaping roseling, what make you think this counter will drop to below 40 cents? Like you wait supermax back to Below RM2.
01/06/2020 4:24 PM
roseling Haha. Let's see. By the way supermax help me earn alot
01/06/2020 5:27 PM
Bennychua007 This store really steady, slow slow up
Not bad
01/06/2020 9:59 PM
roseling Have to careful. Recently 0.55 suddenly drop to 0.3. Alot ppl stay in penthouse
02/06/2020 9:00 AM
Papaping Today due to bursa policy, all margin player run.
02/06/2020 1:02 PM
roseling Let's see how it goes. Drop below 0.4. Lowest 0.385

But let's say drop to 0.3 to 0.35. Can consider buy in also
02/06/2020 2:25 PM
Fc Lim got bursa policy link to share ?
03/06/2020 11:33 AM
JualanMurah really hit below 0.35
03/06/2020 2:12 PM
roseling BTW this counter abit hopeless la. Better go for other like LKL. Topglove. Careplus those
04/06/2020 2:49 PM
CHLEONG888 But it is still cheap among the health care counter, believe will fly a little bit this week
08/06/2020 8:30 AM
ivanpui93 this counter is cheap and singapore top glove went up today .. I think healthcare counter might slighlty benefited this week ... let see tommorow
08/06/2020 8:27 PM
anchoviestrader any chance of going up?
10/06/2020 1:27 PM
anchoviestrader take position at 0.385
10/06/2020 1:28 PM
roseling This counter is like

When overall healthcare counter increase alot. This counter increase abit

But when everyone drop. This counter will drop kao kao
12/06/2020 3:45 PM
pakdin2023 Climbing up...
17/06/2020 3:50 PM
53545354t "0155 MGRC MSIAN GENOMICS RES CENTRE BHD
OTHERS
OTHERS
MALAYSIAN GENOMICS RESOURCE CENTRE BERHAD ("MGRC" or "THE COMPANY")-VARIATION
OF PURPOSE OF UTILISATION OF PROCEEDS ARISING FROM THE DISPOSAL OF 100% EQUITY
INTEREST HELD IN MPATH SDN. BHD. TO GRIBBLES PATHOLOGY (MALAYSIA) SDN. BHD. FOR
A TOTAL CASH CONSIDERATION OF RM42.0 MILLION ("DISPOSAL") TOGETHER WITH
EXTENSION OF TIMEFRAME FOR THE UTILISATION OF PROCEEDS FROM THE DISPOSAL"

"MALAYSIAN GENOMICS RESOURCE CENTRE BERHAD ("MGRC" or "the Company")-TRIPARTITE
AGREEMENT WITH ICARTAB BIOMEDICAL CO. LTD. ("ICARTAB") AND ADVANCED IMMUNE
THERAPEUTICS SDN. BHD. ("AIT") IN RELATION TO ADVANCE THERAPEUTICS PRIMARILY IN
T-CELL BASED THERAPY"
excuse me, who know this? good or bad?
28/06/2020 6:13 PM
davidkkw79 Wrong info it was happened long long time already
29/06/2020 10:52 AM
SpartanFury Nope it's right...the disclosure is on how they plan to spend some of the 42 million they obtained from selling to gribbles..

And it's one heck of a play... they now have an exclusive license for this type of cancer therapy..

https://en.m.wikipedia.org/wiki/Chimeric_antigen_receptor_T_cell

So google search CAR- T cell therapy

https://www.pressreader.com/malaysia/the-star-malaysia/20171022/282909500765687

This article explains the therapy and cost pretty well...

CAR-T cell therapy is expensive because of
the unique way that it works. Doctors harvest
patients' immune cells, genetically alter
them to rev up their ability to fight cancer,
then reinfuse them into patients.

Not sure how the costing works for medicine in malaysia when in comparison to the USA.. but a single treatment in USA is around USD 375,000... if you add up hospital fees etc then patients there are looking at an expense of around USd 1.5million... out costs should be way lower.. but then again its cancer so who knows what kinda economics are being considered here. The benefit to it is that' it's pretty much a single use drug. One time treatment and done.

Results are pretty decent for this therapy with test showing 30-40% going into remission

However, if your asking how the counter will do nowadays... no clue.. if it ain't covid related then it's probably a peripheral issue..
29/06/2020 7:25 PM
multi530 the Car-T cell that mentioned in the announcement is from a China Company, isnt it
30/06/2020 9:58 PM


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