Highlights
KLSE: REXIT (0106)       REXIT BHD ACE : Technology
Last Price Today's Change   Day's Range   Trading Volume
0.61   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 115 Million
NOSH: 189 Million
Avg Volume (4 weeks):7,552
4 Weeks Range:0.59 - 0.64
4 Weeks Price Volatility (%):
95.31%
52 Weeks Range:0.525 - 0.75
52 Weeks Price Volatility (%):
81.33%
Average Price Target: 0.65
Price Target Upside/Downside: +0.04

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2019 [#4]  |  28-Aug-2019
Next QR | Est. Ann. Date: 30-Sep-2019  |  26-Nov-2019
T4Q P/E | EY: 14.66  |  6.82%
T4Q DY | Payout %: 4.64%  |  67.97%
T4Q NAPS | P/NAPS: 0.1876  |  3.25
T4Q NP Margin | ROE: 35.83%  |  22.18%

Headlines

Date Subject
09-May-2019 Rexit Berhad (KLSE) #FundamentalDaily - YAPSS
27-Nov-2018 [转贴] AGM | REXIT (0106) 创业板里的老人股 - Angel Poi Woon

Business Background

Rexit Bhd focuses on delivering solutions and services to the general insurance and financial service industries. It offers several web-based insurance solutions which cater for the front-end marketing and sales functions, as well as the back-end operations of insurance companies. In addition, it also offers a suite of workflow, case management, and document management applications that are suited for the financial industry. Its products include e-Cover, which is an online insurance transaction system; e-PPA, which is an online system to submit investment and redemption applications to the employee provident fund, and InfoGuardian, which is an integrated workflow, case management, and document management system. The group operates principally in Malaysia and Hong Kong.
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  3 people like this.
 
crash8593970308 worth looking into
08/01/2018 12:19 AM
koowakzai Dont look. Just buy. Haha
08/01/2018 12:28 PM
darkstar Good stock
09/01/2018 5:40 PM
koowakzai Looks like support broken. Hopefully stay above 0.8 soon
19/01/2018 7:27 AM
SMJ_ big shark is collecting this stock
12/02/2018 10:50 AM
jackyle Something brewing..... Notice volume little price go down maybe trying to shake panic sell as long as that mr.shareholder don’t disposs again
15/02/2018 11:02 AM
darkstar Added some at 0.73
21/02/2018 2:56 PM
Ssnowball dear share member, financial result will release soon, wish u all heng ong huat!!!
21/02/2018 11:19 PM
Ledangking Result has just released with EPs 1.07. Business still growing but in slow pace
23/02/2018 5:56 PM
darkstar For the financial year to-date ended 31 December 2017, revenue rose from RM9.756 million to RM10.653 million. The increase is due mainly from software sales and services, including subscription and transaction fees. For the financial year to-date, the profit before tax ("PBT") rose 7.33% from RM4.719 million in the previous financial year to RM5.065 million. After providing for taxation, the profit after tax ("PAT") improved by 7.54% from RM3.513 million to RM3.778 million.

For the current quarter, Rexit recorded a revenue of RM5.419 million, which has improved compared with the previous quarter mainly due to the increase in subscription and transaction fees, value-added hardware and system software sales. PBT and PAT have also increased inline with the increase in revenue.

Rexit will focus on growing and enhancing its core business offerings in key markets namely Malaysia, Singapore and Hong Kong. Our business model leveraging on our core competencies and strength will ensure a continuous stream of recurring revenue. Rexit is confident that it is in a position to deliver positive results for the next financial year.
23/02/2018 6:07 PM
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


 

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