Nvidia CEO Jensen Huang said at the GTC conference that global annual data center equipment spending will reach $250 billion , Software will be a very huge business. This stock has huge potential
Just look at ADB and other software company , the PE is more than 30 - 60 x times , Rexit still fair around pe 13x , and net cash position , profit margin more than 40% , market cap only 200 + , I believe the market cap will hit 1 b or 5 times, new owner aim for billion . hold tight
Rexit demonstrates robust financial performance with high margins, substantial dividend payouts, and a strong cash position. The recent addition of esteemed individuals, such as Mr. Wong, who previously led technology divisions at MBSB and Axiata, along with Dato Seri Seow, a seasoned entrepreneur with a track record of founding successful IT ventures employing over 600 staff, instills confidence in the company's future trajectory. Given these factors, there is potential for the company to emerge as a significant player akin to MYEG in the market.
Please take note that despite the company's shares totaling 189million and 16.5 million are designated as treasury shares, the majority of the remaining shares are held by the offeror and the new leaving a relatively small float. Given the limited availability of floating shares, it is advisable to consider buying and investing in the company at the earliest opportunity.
1. The PE ratio of ADB is approximately 40, with a market capitalization of RM 474 million. 2. PE ratio of IFCA is approximately 100, with a market capitalization of RM 21.290 million. 3. PE ratio of N2N is approximately 20, with a market capitalization of RM 270.73 million 4. PE ratio of RAMSSOL is approximately 22.33, with a market capitalization of RM 150 million 5. PE ratio of AGMO is more than 30
Datuk Farhash Wafa Salvador, a businessman and rising star of corporate Malaysia has become keyholder and hold significant stakes in multiple companies vying to modernise government services through IT. Farhash expressed his interests in opportunities in company involved in technology.
Going forward, as the government puts more emphasis on digitalising its services, IT-related companies will be leading beneficiaries of contract awards.
Rexit stands poised to reap the benefits of the government's digitalization initiatives
allianz and mnrb posted good earnings, even manulife is following in terms of share price. suppose the prospering insurance industry would benefit rexit as rexit provide software supports to insurance co?
I think it is forming a High right foot bottom on 4H time frame very soon. It is an extended drop....if there is a breakout it will probably not a false brake out. if this is confirmed bottom then this is the last bottom..then it will go up from hereI do not have any news on this stock...very quiet unlike data center
if you see week time frame …........it is at the bottom of one of linear regression. Weekly it is uptend and people took profit when very high. Now at 4H time frame it is forming a high right foot bottom. If this is confirmed then it will go higher!! In addition it is an extended drop so any probable breakout is not a false breakout
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
WarrenBuffet8888
29 posts
Posted by WarrenBuffet8888 > 2024-03-18 12:45 | Report Abuse
Dont kena flush , just like initial stage on geshen , comcrop and genetec.