Posted by shernlee > 2020-05-08 18:57 | Report Abuse

hahahahahha...rexit director reli need do something la..sucha good stock but very thin volume..if this coming quarter oso good but price cannot move i will sell it..useless,,dumbass counter..

Posted by master man > 2020-05-08 22:19 | Report Abuse

all egoverment stock moving ..and this company i not sure why...if holding too much share they should do something..net cash company..been holding for 5years..still the same..reli cannot tahan anymore..mysalam project oso no much move..director all old d ..reli can retire d

Posted by master man > 2020-05-12 11:06 | Report Abuse

i am queing to sell this crap company...useless company..good fundamental oso cannot move..simply buy penny stock oso higher than them

Posted by master man > 2020-05-12 16:31 | Report Abuse

manage to sell bit rubbish stock..wooh

Posted by shernlee > 2020-05-13 11:55 | Report Abuse

they are doing healthcare scheme too mysalam but no1 notice..lolx

Posted by master man > 2020-05-13 14:34 | Report Abuse

dun dream bro..this counter is useless counter,,,

Posted by master man > 2020-05-14 12:02 | Report Abuse

market up they bo up..but market down they folo down..bravo..

Posted by shernlee > 2020-05-15 19:26 | Report Abuse

overall results still ok..not reli affected

Posted by WLiang777 > 2020-05-15 22:57 | Report Abuse

old man stock ..inactive ...the BOD needs to work on the main board listing..otherwise this will be a forgotten counter in bursa !

Posted by shernlee > 2020-05-16 13:58 | Report Abuse

prove that they are not affected during covid 19..and they still giving donation 250k..revenue increse..profit if not cz of giving donation it increase too
..low pe technology growth company...should be increase anytime..

Posted by master man > 2020-05-16 23:40 | Report Abuse

hmm..weird company cant move too..too humble company...maybe monday will up

Posted by gohku > 2020-05-17 09:45 | Report Abuse

This is a very steady cashflow stock.

You buy because of its visible steady & stable cashflow.

It pays good dividend.

Posted by Erudite > 2020-05-17 09:47 | Report Abuse

Tis is gud company 4 dividend collection & passive investing. It will go back 2 65 sens when mkt rebounds

Posted by supersamy > 2020-05-17 10:18 | Report Abuse

Look at their cash flow from investment activies..evy quarter keep increasing..its a gud sogn too

Posted by shernlee > 2020-05-17 11:41 | Report Abuse

NOT BAD,,rexit company is more reliable compare to krono..for technology counter pe of 11 is far undervalue..

Posted by master man > 2020-05-17 20:50 | Report Abuse

damn..i shouldnt sell 1st..if tmr boom jiaksai d me

Posted by shernlee > 2020-05-19 18:32 | Report Abuse

coming soon..jus wait some1 goreng up..boss control 60%,,very easy naik if got any news,,still gud fundamental..cheapest pe..will folo myeg

Posted by Booyeah > 2020-05-21 22:45 | Report Abuse

$KLSE-REXIT

Theme: Passive Aggressive Mid to Long term Strategy

We came to notice rexit company last week based on their recent quarter result. At a glance the company have not move much since the last drop during March 18. Rexit with the unique business.

Business
Rexit offers integrated financial solution which covers general insurance, unit trust management system and legal practice management. in short, practically they offer company with a web based solutions to cater for front-liners (sales and marketing) agents.

1) e- cover - it's a web based solutions which provides an online system for insurance companies and their intermediaries. the business model is run by SaaS model which is pay per use.
2) e-ppa - enabling online unit trust investment through EPF. traditionally, alot of allocation are done manually or through agents meeting face to face and submitting their application in a hardcopy format. now this has been shifted to online application.
3) infoguardian - it is a work flow management system. this solutions provide an integrated workflow, case management and docent management system for financial and legal services.

Simple financials
1) net cash of of 14 million and zero debt company. defensive play.
2) sales revenue compounded annual growth of around 30% for the past 6 years.
3) Asset light model - asset (ppe) comprise of only 10% of the total asset.
4) Clean accounts. - only 300k in Goodwill as compare to most company such as green packet (7billion in Goodwill) and krono (100million in Goodwill). prudent management which will not give surprises (huge impairement losses).
5) profit margin of 30%.
6) Roe of 24%
7) dividend of 5%.
- without further looking into details, the company has a very clean balance sheet. if there is a scoring for it, it will have gotten 90/100 marks.

why its passive aggressive? we would expect that with mco being lifted and post covid, more businesses, agents, companies, mnc, individual, will adapt to online system and we have seen the growth in adaptability of the online system. the management of rexit is very prudent whereby they don't make aggressive acquisition or even manipulate the share price. which is why it makes the company look boring as retailers loves to gamble. in this case, they can't.

earnings projection. assuming they were to maintain eps of 1.10 cents next 2 quarters and improvement in business to 1.30 cents and pe of 14/15 it will give them a value of 72 cents which is 30% margin of safety. technology sector which demand only a 15 pe, will be quite safe. is it enough? at current economic situation, we would start placing some of our investment in more defensive yet there is room for growth counters. the further upside based on their current financials, they could have gone to main market anytime in the future. any proposal to go to main market will give a boost to the company.

disclaimer: this is not a buy or sell call but more towards sharing purposes.

Posted by Fear Trend > 2020-05-22 00:49 | Report Abuse

very good insight. buy and hold. 30% upside

Posted by zhangliang > 2020-05-24 18:17 | Report Abuse

V well said Booyeah. I likely 2

Posted by Bursawise > 2020-05-27 16:13 | Report Abuse

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Posted by shernlee > 2020-05-27 18:39 | Report Abuse

hahaha sure or not captain..u are captain..we folo u1

Posted by lbl1992 > 2020-05-29 11:02 | Report Abuse

Why there is 0 traded volume today?

Posted by zhangliang > 2020-05-31 15:04 | Report Abuse

Ya but not bad past week performance. I like tis movement now. 70 sens is not a dream

Posted by investingfundamental > 2020-06-01 15:23 | Report Abuse

I did a pretty deep research on this stock. A lot of good points - healthy balance sheet, great ROE and ROA, virtually no debt, positive owner's earnings and free cash flow.

They operate on a recurring revenue model, so you can expect stable incoming revenue every year. However, organic growth is pretty slow. But no doubt, the mySalam deal will boost their revenue greatly for these five years. Hopefully they can get more clients and more deals.

Based on my valuations, I would say Rexit is fairly valued at the current price.

This is not a buy or sell call.

If you want to learn more about fundamental investing, follow me here: https://www.instagram.com/investingfundamentally/ . I just created this to share more about fundamental investing. Hope we can all learn from each other!

Posted by Erudite > 2020-06-08 13:40 | Report Abuse

I like tis. But so slowly Kura-Kura pura-pura

Posted by Lyo82 > 2020-06-11 11:26 | Report Abuse

Liquidity is a problem..

Posted by zhangliang > 2020-06-23 11:26 | Report Abuse

finally sleeping beauty AWOKEN!

Posted by Lyo82 > 2020-06-24 09:47 | Report Abuse

Momentum coming

Posted by slee > 2020-06-24 19:15 | Report Abuse

Main board

Posted by aliyusof > 2020-06-29 15:20 | Report Abuse

Good company but very low market cap and liquidity.

Posted by chesslim > 2020-06-30 00:08 | Report Abuse

记住，当别人恐惧时你要贪婪。

Posted by Drsnazzy > 2020-07-03 15:02 | Report Abuse

tis stock will fly... now eveyone going into cloud and Saas.. their SaaS is a game changer for the insurance indsutry

just a matter of time . now no more meet f2f transactions

Posted by Drsnazzy > 2020-07-06 14:06 | Report Abuse

https://www.theedgemarkets.com/article/tech-stocks-high-dividend-yields

Posted by Lyo82 > 2020-07-07 12:49 | Report Abuse

A very low liquidity and profile stock. However this is the kind of stock will fly easily when getting discovered by people

Posted by Kon Lim Chai > 2020-07-19 10:10 | Report Abuse

Suitable for those who aim for return better than FD rate

Posted by chesslim > 2020-07-30 11:45 | Report Abuse

Rexit yesterday got new service contra
?

Posted by Invest123 > 2020-08-24 00:13 | Report Abuse

Collecting

Posted by slee > 2020-08-26 08:40 | Report Abuse

Undervalued counter... If assume PE 20 also have RM1 for this counter.

Posted by slee > 2020-08-26 19:11 | Report Abuse

Yap... Fundamental strong one days sure people realize... People don't like because is not a goreng counter

Posted by Lyo82 > 2020-08-31 09:26 | Report Abuse

Low liquidity and staying in ACE board are problems for Rexit now. They have to settle this else wont attract fund house, and valuation will always low.

If they are in MAIN board currently, I think a PE of 20 can be easily achieved.

Posted by andr > 2020-09-04 10:31 | Report Abuse

improved AND high margin, high growth and still grossly undervalued

Posted by alone4awhile > 2020-09-11 18:28 | Report Abuse

https://bluebroinvestment.blogspot.com/2020/09/research-rexit.html

Posted by Yap Yong Yi > 2020-09-18 09:16 | Report Abuse

Any one know why this company drop from RM3 at 2008 until today havent cover? any story about this stock can share?

Posted by Vycon Chong > 2020-09-21 22:13 |

Post removed.Why?

Posted by Vycon Chong > 2020-09-21 22:15 |

Post removed.Why?

Posted by kyy_superinvestor > 2020-09-24 22:37 | Report Abuse

Stupid stock

Posted by Lyo82 > 2020-10-03 16:35 | Report Abuse

Yes.. so stupid until nobody cares about

Posted by Lyo82 > 2020-10-16 11:46 | Report Abuse

Stupid stock quietly moving up..

Posted by Kon Lim Chai > 2020-11-06 18:51 | Report Abuse

Not so stupid!