REXIT BHD

KLSE (MYR): REXIT (0106)

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Last Price

1.09

Today's Change

-0.01 (0.91%)

Day's Change

1.08 - 1.10

Trading Volume

77,700

Overview

Market Cap

206 Million

NOSH

189 Million

Avg Volume (4 weeks)

1,155,255

4 Weeks Range

1.02 - 1.26

4 Weeks Price Volatility (%)

29.17%

52 Weeks Range

0.745 - 1.48

52 Weeks Price Volatility (%)

46.94%

Previous Close

1.10

Open

1.10

Bid

1.09 x 14,900

Ask

1.10 x 13,300

Day's Range

1.08 - 1.10

Trading Volume

77,700

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2023 [#2] | 22-Feb-2024

Next QR | Est. Ann. Date

31-Mar-2024 | 22-May-2024

T4Q P/E | EY

16.27 | 6.15%

T4Q DY | Payout %

4.19% | 68.27%

T4Q NAPS | P/NAPS

0.23 | 4.77

T4Q NP Margin | ROE

42.76% | 29.30%

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 787 comments

Lukesharewalker

Index fell 17 points...can maintain?

1 month ago

Lukesharewalker

Rsi is 98%...sustainable?

1 month ago

Lukesharewalker

Up to the operator to push...don't see any retail buying

1 month ago

turbochart

Take win & cash out...wakaka..

1 month ago

Lukesharewalker

Cracks in the wall

1 month ago

turbochart

Cash in @ Genting now...wakakakak..

1 month ago

Lukesharewalker

1st day drop since March 5...91 cents

1 month ago

kk7198

Buyyyy

1 month ago

9131

It seems sexy AGAIN ?

https://www.tradingview.com/x/Bpu0eYow/

1 month ago

chinboon2098

What is the short term resistance?

1 month ago

WarrenBuffet8888

I believe this is the stock will go like genetec , comcorp or hextech . Q1 24 performance has surpass half year of FY 23. A new management on board , with solid back ground and diverse experience will bring the company to new high . Invest in early stage , can study about the new management backgroup , the new chairman , deputy chairman and coo is top in the country

1 month ago

WarrenBuffet8888

A little background on the new COO (22 years experience spearheading technology initiatives and leading digital transformation endeavors across various industries, including Banking, Telecommunications, and Oil & Gas.)

Head of Technology Strategy and Architecture at AFFIN Group , Senior Vice President (Strategy and Digital) at MBSB Bank Berhad, VP - Lead Architect at Maybank Group,VP - Lead Architect at Maybank Group

1 month ago

9131

If next week breaks R=1.20, will be a Raya's BONUS

1 month ago

kk7198

More to come. Expect a very much stronger management.

1 month ago

kk7198

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

1 month ago

turbochart

Turun bukit Hari ini. Wakakaka

1 month ago

WarrenBuffet8888

Year end target RM 3 , potential genetec 2.0

1 month ago

kk7198

Soon becomes another God of Singing @ Geshen.

1 month ago

WarrenBuffet8888

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

1 month ago

kk7198

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

1 month ago

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

1 month ago

kk7198

1.20 resistant broken.

1 month ago

PureBULL ...

REXIT
this new.owner.play stock is a 3 bagger stock in the making n ++...
the new owner dtk in his 40s is truly, staying hungry n foolish, the wise words of AAPL 1st owner.

https://www.tradingview.com/x/9FGPzNGo/

https://www.youtube.com/watch?v=UF8uR6Z6KLc&ab_channel=Stanford

1 month ago

ooihk899

Hopefully, he will announce his plan for the company.

1 month ago

PureBULL ...

3 baggers n ++
as the new.owner.

what else more do u want?

1 month ago

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

1 month ago

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

1 month ago

WarrenBuffet8888

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

1 month ago

WarrenBuffet8888

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

1 month ago

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.

1 month ago

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.

1 month ago

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

1 month ago

Lukesharewalker

Strange. No new plans
for the company!?

1 month ago

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

1 month ago

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

1 month ago

Lukesharewalker

So far away from BB

1 month ago

WarrenBuffet8888

Genetec 2.0

1 month ago

turbochart

1.39!!!

1 month ago

crackyoo

genetec 3.0

1 month ago

WarrenBuffet8888

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

1 month ago

kk7198

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

1 month ago

G-boy

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

1 month ago

WarrenBuffet8888

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

1 month ago

turbochart

1.45sold. takut takut untung sikit 200

1 month ago

Lukesharewalker

More like beware of the coming waterfall

1 month ago

9131

TOP RATED WASHINE MACHINE ?

3 weeks ago

spm53

hopefully no tsunami today.

3 weeks ago

kk7198

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

3 weeks ago

Lukesharewalker

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

3 weeks ago

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