REXIT BHD

KLSE (MYR): REXIT (0106)

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Last Price

0.95

Today's Change

+0.015 (1.60%)

Day's Change

0.935 - 0.95

Trading Volume

119,900

Overview

Market Cap

180 Million

NOSH

189 Million

Avg Volume (4 weeks)

423,357

4 Weeks Range

0.93 - 1.03

4 Weeks Price Volatility (%)

20.00%

52 Weeks Range

0.76 - 1.48

52 Weeks Price Volatility (%)

26.39%

Previous Close

0.935

Open

0.94

Bid

0.945 x 56,000

Ask

0.95 x 11,700

Day's Range

0.935 - 0.95

Trading Volume

119,900

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2024 [#3] | 20-May-2024

Next QR | Est. Ann. Date

30-Jun-2024 | 22-Aug-2024

T4Q P/E | EY

12.91 | 7.75%

T4Q DY | Payout %

4.81% | 62.16%

T4Q NAPS | P/NAPS

0.25 | 3.85

T4Q NP Margin | ROE

43.68% | 29.79%

Market Buzz
Company Profile

Sector: TECHNOLOGY

Sector: TECHNOLOGY

Subsector: SOFTWARE

Subsector: SOFTWARE

Description:

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.

Discussions
4 people like this. Showing 50 of 801 comments

kk7198

A precious gem is shaping. Goggle the directors and read yoursrlf

2024-03-16 09:22

turbochart

Turun bukit Hari ini. Wakakaka

2024-03-17 12:48

WarrenBuffet8888

Year end target RM 3 , potential genetec 2.0

2024-03-18 08:09

kk7198

Soon becomes another God of Singing @ Geshen.

2024-03-18 11:39

WarrenBuffet8888

Dont kena flush , just like initial stage on geshen , comcrop and genetec.

2024-03-18 12:45

kk7198

Well said. I'm still holding tight2 on Geshen, having sold Genetec too early.

2024-03-18 16:28

WarrenBuffet8888

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

2024-03-20 08:26

kk7198

1.20 resistant broken.

2024-03-21 16:42

ooihk899

Hopefully, he will announce his plan for the company.

2024-03-21 20:39

WarrenBuffet8888

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

2024-03-21 21:49

kk7198

Well said PureBULL sifu and WarrenBuffet8888. Agree with you that market cap will likely hit 1 b. Just look at NVidia, Shld have bought at USD400. Can go to USD1,000.All related share up and up. Ytd was USD889.84

2024-03-21 23:03

WarrenBuffet8888

Comcorp , Genetec and Hextech surge more than 10,000 % , and they have one similarity with Rexit , guess what is it

2024-03-23 09:46

WarrenBuffet8888

Despite being a technology company, Rexit boasts a significantly lower valuation compared to its industry counterparts and peers .

2024-03-23 09:52

WarrenBuffet8888

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.

2024-03-23 09:58

WarrenBuffet8888

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.

2024-03-23 09:59

WarrenBuffet8888

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

2024-03-23 10:28

Lukesharewalker

Strange. No new plans
for the company!?

2024-03-23 13:38

Lukesharewalker

That's right. Hardly any free float. Like climbing mount everest. Do or die with the operator. If he decides to cash out....it will fall limit down

2024-03-23 13:41

WarrenBuffet8888

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

2024-03-24 14:22

Lukesharewalker

So far away from BB

2024-03-25 13:37

WarrenBuffet8888

Genetec 2.0

2024-03-25 16:31

turbochart

1.39!!!

2024-03-25 16:38

crackyoo

genetec 3.0

2024-03-25 16:43

WarrenBuffet8888

Hold tight to the jackpot, it will go very fast like genetec , strong buyer

2024-03-25 18:12

kk7198

Nvidia is now USD964.39. Rexit reaching RM2.00 in this week?

2024-03-25 22:41

G-boy

should be rm2 in this week...
i think 1 of the day will limit up...
u can refer to geshen!

2024-03-25 23:44

WarrenBuffet8888

Be patient for the big surge , slow and steady , moving towards Genetec 2.0

2024-03-26 10:51

turbochart

1.45sold. takut takut untung sikit 200

2024-03-26 14:06

Lukesharewalker

More like beware of the coming waterfall

2024-03-26 18:43

9131

TOP RATED WASHINE MACHINE ?

2024-03-29 15:41

spm53

hopefully no tsunami today.

2024-03-29 16:41

kk7198

Tsunami done at 1.09. Good buy around that price. Missed it.

2024-03-31 12:04

Lukesharewalker

Too quiet. No announcements on future plans. Could drift aimlessly

2024-04-02 12:46

sky888888

Q1 EPS 1.63 , Q2 EPS 2.32 = 3.95
EXPECTED Q3 Q4 REMAIN , 3.95 X 2 = 7.9 CENTS

7.9CENTS X PE 20 = 1.58 AT LEAST

UNDERVALUE STOCK + HIGH DIVIDEND YIELD

1 month ago

crackyoo

genetec 3.0 in the making

1 month ago

Hoot9ee

Genetec 3.0 ha ha ha

1 month ago

DG_Invests

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?

1 month ago

ooihk899

Hope so, see coming QR will know...
Hopefully the new owner can pull in some business for the company.

1 month ago

crackyoo

pullback day

1 month ago

ooihk899

Good QR, should worth around RM1.6 to 2.
total 3Q NP already up 39%.😁🤑

1 month ago

ooihk899

Hopefully dividend increase to 6 sen😅

1 month ago

Lukesharewalker

Seems the operator is intend to push it down further.
Delicious 2nd round for everyone 😋

1 week ago

Lukesharewalker

Ready to catch it cheap cheap. Only the operator throwing hardly any retail. Collect...

1 week ago

ooihk899

Luke, would appreciate if you can teach me from which indicator
you are able notice only operator throwing?

1 week ago

Lukesharewalker

Trade secret

1 week ago

Lukesharewalker

Literally....LOL

1 week ago

Lukesharewalker

Come on you can do worse ...whack it down

Kill all the weakholders

1 week ago

Lukesharewalker

Looking at 83 to 85 range

6 days ago

Lukesharewalker

A crashing we will go

6 days ago

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