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KLSE: REXIT       REXIT BHD
Last Price Avg Target Price   Upside/Downside Price Call
0.675 0.65     -0.025 (3.70%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
No Price Target available for this stock.





  3 people like this.
 
Ssnowball Dear Ledangking, eye on next quoter. estimate price will go back to 0.85 or above^^
27/02/2018 8:49 PM
Ledangking Dear Snowball, how u know? U have insider news? or... u have crystal ball?^_^
28/02/2018 12:12 AM
darkstar wah company share buy back at 0.725-0.73!
28/02/2018 10:31 PM
everlasting The selling of the director seems to have stopped and now company begins to share buy back...a show of confidence.. definitely worth a look now
14/03/2018 10:35 AM
darkstar company continues to buyback
22/03/2018 8:25 PM
ychi1980 It is "sen" stock, below RM1. The dividend is around 3% each year. Is it worth to collect?
30/03/2018 11:33 AM
KY A stable & net cash company, every year provide dividend and latest QR management is confident to deliver positive results.
19/05/2018 4:15 PM
kyy_superinvestor perhaps this is the entry point d....i can smell reversal is coming soon....
20/06/2018 1:29 PM
chesslim 筑底回扬,此股静俏俏的爬上了
23/07/2018 12:57 PM
lachai2004 Q results out soon but will the earning per share be more than 1.2 cts?
23/08/2018 9:58 PM
darkstar huat ar!
28/08/2018 10:54 PM
everlasting anyone knows when rexit will be eligible to be transfered to main board?
18/10/2018 11:26 AM
skyea eligible already.
21/10/2018 10:45 PM
koowakzai Wait till long neck dy
24/10/2018 12:48 PM
skyea ricky!!
26/11/2018 4:22 PM
slee Previous this counter help me gain around 9k. Should be almost 1yr d, i be back to my lover counter again. :)
03/12/2018 6:39 PM
koowakzai Sideway for so long. Hibernating
23/02/2019 12:21 AM
skyea Hi kookoowakwakzai
24/02/2019 4:15 PM
lachai2004 I hold this counter for more than 10year ! I bought before bonus issue n added at about 30 c up ..... it's an old man counter
24/02/2019 4:56 PM
lachai2004 But with good dividend
24/02/2019 4:57 PM
KY Feeling someone is keeping accumulate this stock at lower price...something going to happen??
20/03/2019 1:20 PM
slee OTHERS Outsourcing Services Agreement
REXIT BERHAD

Type Announcement
Subject OTHERS
Description Outsourcing Services Agreement
INTRODUCTION



Rexit Berhad ("Rexit" or the “Company") is pleased to announce that Rexit Software Sdn Bhd (“Rexit Software”), a wholly-owned subsidiary of the Company, had on 25th March 2019 entered into an Outsourcing Services Agreement (“Agreement”) with Great Eastern Takaful Berhad (“GETB”) to develop, manage and operate the mySalam portal for the eligible members. Rexit Software Sdn Bhd and Great Eastern Takaful Berhad (“GETB”) shall individually be referred to as “Party” or collectively as “Parties”).





SCOPE OF SERVICES



The scope of services includes the development, operation, management and maintenance of the mySalam portal for eligible members to access for enquiries and claim submission.





SALIENT TERMS



The Agreement shall commence and take effect from 1st January 2019 until 31st December 2023, irrespective of the date Agreement was executed. The Agreement may be renewed for a further period of two (2) years or any other specified period as required by GETB.


The Agreement may be terminated by either party at any time, upon three (3) days prior written notice if there has been a breach of security or confidentiality of Confidential Information.


The Agreement value will be calculated at RM1.40 per annum per eligible member subject to a maximum charge of 4,000,000 members.




FINANCIAL EFFECTS



The Agreement will not have any effect on the share capital and shareholding structure of the Company but is expected to contribute positively to the earnings of the Company and enhance net assets per share of the group for the financial year ending 30 June 2019 and onwards until the expiry of the Agreement.





RISKS IN RELATION TO THE AGREEMENT



Rexit does not foresee any exceptional risk other than the normal operational risks associated with the Agreement. Rexit will take the necessary steps to mitigate the risks as and when it occurs.





DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST



None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Agreement.





STATEMENT BY DIRECTORS



The Board of Directors of the Company is of the opinion that the acceptance of the Agreement is in the best interest of the Company



This announcement is dated 25th March 2019.







Announcement Info
Company Name REXIT BERHAD
Stock Name REXIT
Date Announced 25 Mar 2019
Category General Announcement for PLC
Reference Number GA1-25032019-00108
25/03/2019 6:15 PM
lachai2004 The Agreement shall commence and take effect from 1st January 2019 until 31st December 2023, irrespective of the date Agreement was executed. The Agreement may be renewed for a further period of two (2) years or any other specified period as required by GETB.


The Agreement may be terminated by either party at any time, upon three (3) days prior written notice if there has been a breach of security or confidentiality of Confidential Information.


The Agreement value will be calculated at RM1.40 per annum per eligible member subject to a maximum charge of 4,000,000 members.
25/03/2019 6:49 PM
lachai2004 So, max contribution per yr is 1.4x4 million= RM5.60 million
25/03/2019 6:51 PM
KY mySalam portal: https://www.mysalam.com.my/b40/info/
25/03/2019 9:16 PM
lachai2004 Rexit's revenue per quarter is about RM5 million, with the current contract it's revenue will eventually double; profit will double too!
25/03/2019 10:09 PM
slee Hope can help me generate another 10k. Haha..
26/03/2019 12:35 AM
slee Become uptrend counter d...
26/03/2019 4:37 PM
darkstar lai lai
26/03/2019 11:27 PM
lachai2004 Shares bought back by company at 0.67-0.70.
26/03/2019 11:29 PM
crash8593970308 can get back capital + interest better run like usain bolt
27/03/2019 7:53 PM
chesslim TP 1.00 above this year.
27/03/2019 9:24 PM
KY https://www.malaymail.com/news/malaysia/2019/03/28/minister-govt-may-raise-age-eligibility-limit-for-mysalam-scheme/1737305

mySalam target/widen the age group coverage this will generate more income to Rexit. As Malaysian is going to be under ageing country in few more year.
29/03/2019 8:54 AM
lachai2004 Possible of coming Quarter result profit up by 20-40%! ^=^
17/04/2019 7:17 PM
YAPSS Day 66 of Fundamental Daily, YAPSS will be covering Rexit Berhad's fundamental via a short animated video. It is solely based on my opinion and I hope it helps :) #YAPSS #FundamentalDaily #RexitBerhad

Click the on the link to find out more: https://youtu.be/od3VoCdMxHY
08/05/2019 10:09 PM
lachai2004 With mysalam, likely coming Q results will show good profit:-)
08/05/2019 11:22 PM
chesslim Good profit out today.
24/05/2019 10:06 PM
lachai2004 Profit up by 12% only :-(
24/05/2019 11:09 PM
lachai2004 Rexit's price has moving up with not much volume in anticipation of better next quarterly result due to Mysalam contributions started to gain momentum ?
26/06/2019 7:53 PM
shernlee jus have to wait tho..i believe this company will be one of the top performer in few years soon..
13/07/2019 11:55 AM
skyea https://www.klsescreener.com/v2/news/view/589248
12/10/2019 2:43 AM
lachai2004 (吉隆坡11日讯)财政部长林冠英指出,B40国家健康保险计划(mySalam)将扩大至年收入高达10万令吉者,即M40群体(中产阶级)。

他说,受保者确诊患上严重疾病及入住政府医院,将获得4000令吉严重疾病给付,同时可申领每天50令吉的收入补贴,长达14天,这项措施将让500万名大马人受惠。



他指出,该保健计划涵盖45种疾病包括小儿麻痹症和绝症,比现有的36种多,同时受保年龄从55岁提高到65岁,受惠人数增至150万名。

他说,MySalam是希盟政府为430万人推出的新社会保障计划,所有18至55岁生活援助金家庭受惠者自动获得保障。

他说,生活援助金家庭受惠者若患上严重疾病及入院,将获得8000令吉现金给付,以及可申领每天50令吉的收入补贴,长达14天。

他指出,政府也推出B40体检计划(PEKA B40),为50至60岁人士提供非传染疾病如精神健康和癌症的筛检和及早干预性治疗,已有10万人在此计划下受惠,政府将扩大让40岁及以上人士也受惠。
13/10/2019 9:02 AM
lachai2004 這是有利的消息但如果它没反应或迟钝,那就不対路了!
13/10/2019 9:07 AM
supersamy Just keep it for long..i love their business n will keep buying
13/10/2019 11:39 PM
skyea my salam already under rexit. and eligibility widening will bring in more revenue for rexit. this is very reliable source of growth. no room left for doubt already.
14/10/2019 2:03 AM
slee This counter is slow and standby...Buy .... will get dividend end of this year. ..Few more month to go
24/10/2019 7:11 AM
lachai2004 This company has qualified for the main board listing of which accumulated 3 years' profits had achieved 20 millions, share spread of 25% held by 1000 shareholders, but the management was not keen to transfer it due to high listing cost as mentioned in the previous AGM. Will the management change their minds?
27/10/2019 7:17 PM
slee I believe engine will start soon....
08/11/2019 12:15 AM
supersamy Cooking
12/11/2019 10:14 PM
slee Stay tune...
12/11/2019 10:32 PM


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