REXIT BHD

KLSE (MYR): REXIT (0106)

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Last Price

0.71

Today's Change

-0.01 (1.39%)

Day's Change

0.70 - 0.72

Trading Volume

381,500


4 people like this.

844 comment(s). Last comment by jeffrey1166 8 hours ago

B4b4

7,592 posts

Posted by B4b4 > 2017-05-17 09:28 | Report Abuse

Yes, an excellent stock. Rexit is a very good company with ZERO-DEBTS ! Very very cash RICH ! BUY and keep long term . Technology stocks up because NASDAQ is at all time high

B4b4

7,592 posts

Posted by B4b4 > 2017-05-17 09:49 | Report Abuse

Tp near term RM 1.00 ,

Posted by shunfeng2032 > 2017-05-17 09:53 | Report Abuse

musang king harvest season start.

B4b4

7,592 posts

Posted by B4b4 > 2017-05-17 10:26 | Report Abuse

Excellent stocks with Cash in bank RM 28.8m , and ZERO-DEBTS

slee

587 posts

Posted by slee > 2017-05-17 11:35 | Report Abuse

The previous bonus issue is on 2006. Already 10 years, will it announce bonus issue? If announce what price suppose be.... Haha....

B4b4

7,592 posts

Posted by B4b4 > 2017-05-17 11:45 | Report Abuse

Yes sir, I agreed with you slee, maybe got bonus soon. However the next Qtr Results will be out very soon. Expecting very good results. Just keep our fingers cross.

slee

587 posts

Posted by slee > 2017-05-17 17:02 | Report Abuse

Aiyaya..高开低走...0.89也站不稳。。。

B4b4

7,592 posts

Posted by B4b4 > 2017-05-17 18:54 | Report Abuse

No worries, Rexit will go up again

B4b4

7,592 posts

Posted by B4b4 > 2017-05-18 07:12 | Report Abuse

Next Qtr results will be out very soon, maybe these couple of days.

slee

587 posts

Posted by slee > 2017-05-18 18:51 | Report Abuse

Still on 0.87... Hope can stable at this price then have chances to move further..

Posted by Hasbullah Idris > 2017-05-18 19:21 | Report Abuse

any good news to buy tomorrow?

cyeec2000

994 posts

Posted by cyeec2000 > 2017-05-19 08:19 | Report Abuse

My entry price is rm0.565 :)

cyeec2000

994 posts

Posted by cyeec2000 > 2017-05-19 10:04 | Report Abuse

Lachai2004: agree with you..

Posted by 沧海桑田 > 2017-05-19 10:30 | Report Abuse

@hasbullah, IMHO based on TA: weekly slightly over-bot but stll within d bullish region of d boll band. Daily chart shows it's formed a golden cross & today isn't T+4 yet. Jz b-ful v over-bot indicator

YK Tsong

168 posts

Posted by YK Tsong > 2017-05-19 11:19 | Report Abuse

journey still under control by big guy ^=^

Posted by shunfeng2032 > 2017-05-19 15:54 | Report Abuse

bandar malaysia.......

YK Tsong

168 posts

Posted by YK Tsong > 2017-05-19 16:29 | Report Abuse

150 not dream

Posted by Hasbullah Idris > 2017-05-19 18:34 | Report Abuse

TQ.. Looks very good movement today... may i know rexit rwlatwd to bandar malaysia?

abangadik

2,305 posts

Posted by abangadik > 2017-05-19 19:34 | Report Abuse

When it hit 1.00 next monday. I will go to their HQ in Ara Damansara and thank the management team for creating such a great insurance monopoly business for me to invest in.

jackyle

584 posts

Posted by jackyle > 2017-05-19 19:50 | Report Abuse

Kikiki.....

Posted by 沧海桑田 > 2017-05-20 11:59 | Report Abuse

@lachai2004 , i can get 87.5c as 100% level in fib projection, as described by u. What abt yr TP of RM0.935, RM1.00? How u get? I can get RM1.04 as 138%

Posted by 沧海桑田 > 2017-05-21 12:40 | Report Abuse

ya, FA is important, i jz 1 2 know how 2 get that TP only

slee

587 posts

Posted by slee > 2017-05-23 15:39 | Report Abuse

Buy .. Opportunity again

slee

587 posts

Posted by slee > 2017-05-24 13:09 | Report Abuse

Quarterly report still yet announce.. y so late... Last year 20 May d announced. This yr so late

zaws

1 posts

Posted by zaws > 2017-05-26 10:15 | Report Abuse

all the best guys, Rexit no longer syariah compliant as per the latest SC announcement, so I have to part ways. yr chance to add some more
https://www.sc.com.my/wp-content/uploads/eng/html/icm/sas/sc_syariahcompliant_170526.pdf

cyeec2000

994 posts

Posted by cyeec2000 > 2017-05-29 19:57 | Report Abuse

Hehe I am remained unshakable..

slee

587 posts

Posted by slee > 2017-05-30 14:57 | Report Abuse

Waiting report..

calvin

249 posts

Posted by calvin > 2017-05-30 18:04 | Report Abuse

why this time report so late?

slee

587 posts

Posted by slee > 2017-05-30 18:19 | Report Abuse

Yalo...

slee

587 posts

Posted by slee > 2017-05-31 18:42 | Report Abuse

Quarterly report announced d... Not bad pun

slee

587 posts

Posted by slee > 2017-06-05 08:56 | Report Abuse

REXIT: Steady growth with solid balance sheet; Signs of bottoming up

Rexit is an established web-based solutions player for the General insurance (e-cover), financial (e-PPA) and legal services (InfoGuardian). Rexit’s business model is the provision of Software as a Service (“SaaS”) which is based on a ‘pay per use’ basis and enjoys an average net profit margins of 32% from FY11-9MFY17.
The successful localization and implementation of its software in overseas countries has further enhanced the marketability and the acceptability of its products and services.
Share prices fell to a weekly low of RM0.805 (29 May) following its exclusion from the latest Shariah list but managed to end at RM0.84 last Friday. Following the formation of Tweezers bottoms and bottoming up indicators, the stock is poised for further technical rebound to retest immediate resistance at RM0.855 (10-d SMA). A decisive breakout above RM0.855 will spur prices higher towards RM0.875 (50% FR) and RM0.945 (52-week high) before reaching our LT objective at RM0.98 (123.6% FR). Key supports are situated near RM0.80-0.805. Cut loss at RM0.785.

Posted by Chong Hua Rong > 2017-06-07 22:43 | Report Abuse

Now,insurance detariffication still left 3 weeks to implement, Rexit will be very busy start on next month and is time to enter the next stage of growth after July.I will going to accumulate more rexit,because it probably to go to main board market and this will attract more fund to come to buy it in the future.

slee

587 posts

Posted by slee > 2017-06-13 15:30 | Report Abuse

如果0.89能站稳就会去另一个阶段了

slee

587 posts

Posted by slee > 2017-06-15 07:37 | Report Abuse

Once popular no more cheap price d. Hihi

Posted by 沧海桑田 > 2017-06-30 11:45 | Report Abuse

its weekly chart show that it's gone into bull zone since early Feb. But lately it's over-sold but still can hold support above mid-band range...meaning thr is accumulating going on. Daily chart is waiting for a golden cross. Hope no bear market sentiment now. Hope this TA helps

Posted by 沧海桑田 > 2017-06-30 14:55 | Report Abuse

what is "KIP"? Once it is over-bot, i'll dispose all & go 2 other counters like DNex which dy made me handsome profits. This counter is a bit slow

Posted by 沧海桑田 > 2017-06-30 16:39 | Report Abuse

ic...nope, DNex is in consolidation mode now coz it's not fallen into d bear zone despite these several bad market sentiment days. So based on its previous pattern, it'll boom when the time comes. I've accumulated again & again & now its WD is my 2nd biggest portfolio

TakeProfits

1,229 posts

Posted by TakeProfits > 2017-07-02 19:55 | Report Abuse

Can reach 1.50 arh....and how your Sunday break? :-) Ready for tomorrow. If 1.20 can make 1.5k. Should be happy. 1.50'real bonus. Haha. You will get good karma helping small kuchi like me. Take care. :-)

Posted by 沧海桑田 > 2017-07-03 11:46 | Report Abuse

$1.50 is 282% in fib projection which is very unlikely unless d co. is superb. $1.05 (138%) is d next target meanwhile it's wandering at $0.87 (100%) level

TakeProfits

1,229 posts

Posted by TakeProfits > 2017-07-03 16:58 | Report Abuse

1.20 is good. Not to be greedy. Can buy nice dinner is ok..very ok.haha

TakeProfits

1,229 posts

Posted by TakeProfits > 2017-07-03 23:18 | Report Abuse

Skyea, hmmm. I shaking all over loh.....1.20 will be nice. Or around there.
Looks like dow ok tonight. So hopefully it can go higher next few days wor

TakeProfits

1,229 posts

Posted by TakeProfits > 2017-07-04 03:46 | Report Abuse

Haha oh ok. I thought I t was you. Thanks for your TA. And your FA.
Good morning ...time for bed for me now. May today be a good day for us...

Posted by 沧海桑田 > 2017-07-04 11:05 | Report Abuse

hehehe...i'm also on d same boat. of coz if i can sky-rocket, i'll b very happy. I jz stated d calc based on TA only. Of coz it's possible based on my experience

Posted by 沧海桑田 > 2017-07-04 18:15 | Report Abuse

read an article that mentions Rexit. Use google translate if u dunno mandarin:
今天是2017年7月1号,是马来西亚历史性的detarification insurance 的开始,那就是国家银行开放全部保险公司可以推出更优惠的配套,降低车保险的定价,以惠及更多消费者。
大马的车辆高达3000万辆,而且还在不断增加,这是非常大的市场。
小弟看到有两个公司会受惠于这项政策,那既是Aeoncr和 Rexit.
对渴望成长的Aeoncr要摆脱对消费和个人贷款的依赖,逐步进军保险,对车保险的市场虎视眈眈,会推出更加优惠的车保险的配套来抢夺市场,以后大家用aeonr的贷款买交通工具,aeoncr也许可以配下自家的交通保险让消费者买下。
有一个好的例子就是成长中的好股LPI, Public bank 所推出的房屋贷款,都几乎要让消费者为LPI的火险买单。
这造成一路来,LPI 会随着public bank的房屋贷款越做越多,LPI就越可以卖得越来越多的火险,让不少长期持有这公司的股东赚了不少的财富。
Rexit是做保险软件的公司,可以让一些保险公司为了迎合detarifcation insurance市场,协助他们打造自己的平台。
消费者一旦用rexit的保险平台来买车保险,rexit就可以抽佣金,这是无需花费大本钱的赚钱模式 。

johnyeoyeo

311 posts

Posted by johnyeoyeo > 2017-07-04 18:26 | Report Abuse

first time bought into this stock hoping to learn more from all expert

slee

587 posts

Posted by slee > 2017-07-04 22:51 | Report Abuse

不懂能站稳0.89嘛。已经几次站不稳,希望这一轮会站得住

TakeProfits

1,229 posts

Posted by TakeProfits > 2017-07-04 23:10 | Report Abuse

Ok..Ok..Thanks. Think.I should cabut arh...to save my capital

Posted by 沧海桑田 > 2017-07-04 23:26 | Report Abuse

don't dispose yet. It jz formed a golden cross today & not yet over-bot. Now let's c if it can break 93c. If yes, then should con't d uptrend. Hope thr isn't any upheaval in d mkt now

slee

587 posts

Posted by slee > 2017-07-04 23:53 | Report Abuse

Ya.. MACD golden cross but today triggered overbought signal d... anyhow I still hope continue up... Still yet my long term TP.

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