52 Weeks Range : 0.495 - 0.695
5 Day Volume Average = 15,340
20 Day Volume Average = 15,905
90 Day Volume Average = 28,593
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klse: Openmove AI Berhad


Stock Information

Board   : Ace

Shariah : Non-Shariah Compliant

Sector   : IT and ICT services

Address: 42, Jalan BM 1/2, Taman Bukit Mayang Emas, 47301 Petaling Jaya, Selangor

Contact: +603-78031131

Website: https://www.rexit.com/
 

Stock Background

Openmove AI Berhad 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.

Profit Analysis: OMAI 0106

Market Capital (RM) 104, 133, 333
Forecasted Profit or Loss (RM) 9, 906, 883
Estimated Future EPS (sen) 5.185
Perspective P/E ratio 9.625
Estimated Dividend Yield (%) 2.042
Adjusted NTA (RM) 0.304

Result

Quarter Report History

DateRevenue,kPBT,kNet Profit,k
19/05/268,6067,1166,282
27/02/269,0461,707648
27/11/258,5652,2651,447
20/08/257,8431,9911,430
27/05/257,9132,8002,002
26/02/257,3441,5431,657
20/11/247,5362,4921,758
27/08/247,3963,5062,947
20/05/248,3704,6163,433
22/02/249,3405,2874,014
28/11/236,9673,7932,817
22/08/237,2204,4013,670

Fundamental

Fundamental Analysis

Last 4 Quarter Revenue (RM’000)34
Last 4 Quarter Net Profit (RM’000)9,807
Last 4 Quarter EPS (sen)5.67
Last 4 Quarter PER10.62
Last 4 Quarter Dividend (sen)
Last 4 Quarter Dividend Yield (%)0.00
Net Tangible Assets (RM)0.28
Goodwill (RM)1,630
Cash (RM’000)31,860
Debt (RM’000)6,600
Total Debt (RM’000)13,980
Net Assets (RM’000)52,550
Current Ratio4.92
Quick Ratio4.92
Cash Ratio4.01

Technical

Technical Analysis

MACD (26 vs 12)-3.358
Exponential Moving Average 50.546
Exponential Moving Average 200.546
Exponential Moving Average 900.569
Relative Strength Index 140.56
Stochastic %D 30.87
Stochastic %K 140.80

Shareholders

Top 30 Shareholders

Shareholder NameFinancial YearNumber (Ratio)
DATO’ SEOW GIM SHEN202440,413,445 (23.330)
METACO ASSET HOLDINGS SDN. BHD.202431,178,850 (18.000)
BEMAS HOLDINGS SDN. BHD.202420,690,000 (11.940)
CIMSEC NOMINEES (TEMPATAN) SDN. BHD. CIMB FOR KUAH HUN LIANG (PB)202418,511,800 (10.690)
CIMSEC NOMINEES (TEMPATAN) SDN. BHD. CIMB FOR SEOW LUN HOO @ SEOW WAH CHONG (PB)20244,621,600 (2.670)
CGS INTERNATIONAL NOMINEES MALAYSIA (TEMPATAN) SDN. BHD. Pledged Securities Account for KOK TUCK CHEONG (MY3781)20242,250,000 (1.300)
MAYBANK NOMINEES (TEMPATAN) SDN. BHD. Pledged Securities Account for NG MING TAK20242,076,700 (1.200)
CHAY WEEI JYE @ SEH WEI JET20241,628,300 (0.940)
CHOONG CHOON HAU20241,600,000 (0.920)
LOW CHU MOOI20241,592,400 (0.920)
TANG ZHEN SHENG20241,090,000 (0.630)
GAN KHO @ GAN HONG LEONG2024941,800 (0.540)
STANLEY NG SWEE CHIN2024857,000 (0.490)
MAYBANK NOMINEES (TEMPATAN) SDN. BHD. Pledged Securities Account for WONG SING ANG2024816,200 (0.470)
KUAH CHIN HOWE2024751,700 (0.430)
TEOH HUEY PIN2024685,700 (0.400)
CIMSEC NOMINEES (TEMPATAN) SDN. BHD. CIMB FOR NG CHIEN LI (PB)2024642,900 (0.370)
BRYNNER CHIAM ZET HAN2024633,900 (0.370)
KENANGA NOMINEES (TEMPATAN) SDN. BHD. RAKUTEN TRADE SDN. BHD. FOR SIM ZHI AN2024596,300 (0.340)
MAYBANK NOMINEES (TEMPATAN) SDN. BHD. LOW CHEE YEAP2024569,600 (0.330)
BRYNNER CHIAM ZET HAN2024565,000 (0.330)
TEH KIN HOOI2024535,000 (0.310)
TEH KIN HING2024533,000 (0.310)
MAYBANK NOMINEES (TEMPATAN) SDN. BHD. Pledged Securities Account for LEE KHANG CHIA2024530,700 (0.310)
TIANG BOON HWA2024530,400 (0.310)
ALLIANCEGROUP NOMINEES (TEMPATAN) SDN. BHD. Pledged Securities Account for KUAN LOYE MING (7000437)2024514,400 (0.300)
ONG MEI HOON2024472,000 (0.270)
ALLIANCEGROUP NOMINEES (TEMPATAN) SDN. BHD. Pledged Securities Account for LOH CHUN SEAN (8060553)2024466,300 (0.270)
STANLEY NG SWEE CHIN2024465,600 (0.270)
LIM YEE FEI2024431,000 (0.250)

14 reviews for OMAI 0106

3.1 out of 5
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  1. BURSA MALAYSIA

    BURSA MALAYSIA

    The Group”s Profit before tax (PBT) was RM14.49 million for FY2023, an increase of RM2.12 million or 17.14% over RM12.37 million in FY2022 mainly attributable to the increase in revenue. Income from software-based activities has increased mainly due to higher software customisation services arising from clients” digital initiatives in business processes and products, and the on-boarding of a new client in the last quarter of FY2023 initially contributing to e-Cover motor services. The Group will continue its research and development efforts to expand and extend the e-Cover services to the financial services sector and other segments of e-commerce by leveraging on the large 24×7 secured e-Cover infrastructure.

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  2. BURSA MALAYSIA

    BURSA MALAYSIA

    Rexit recorded a revenue of RM6.844 million, which has improved compared with the previous quarter mainly due to the increase in software customisation services. PBT and PAT have also increased by 11% inline with the increase in revenue.

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  3. BURSA MALAYSIA

    BURSA MALAYSIA

    Rexit recorded a revenue of RM6.535 million, which has improved compared with the previous quarter mainly due to the increase in software sales and services. PBT and PAT have also increased by 22% inline with the increase in revenue.

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  4. BURSA MALAYSIA

    BURSA MALAYSIA

    Rexit recorded a revenue of RM6.251 million, which has declined compared with the previous quarter mainly due to the decrease in software sales and services. However PBT and PAT have improved due to lower tax payable as a result of capital allowances claimed on acquisition of data centre assets

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  5. BURSA MALAYSIA

    BURSA MALAYSIA

    Rexit recorded a revenue of RM6.597 million, which has improved compared with the previous quarter mainly due to the increase in software customisation services. PBT and PAT have declined by 26% mainly due to unrealised net fair value loss on investments in cah funds which were maintained in global fixed income assets.

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  6. BURSA MALAYSIA

    BURSA MALAYSIA

    Rexit recorded a revenue of RM5.920 million, which has declined compared with the previous quarter mainly due to lower software sales and services. PBT and PAT have also decreased by 4% in line with the decrease in revenue.

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  7. BURSA MALAYSIA

    BURSA MALAYSIA

    The Group posted a Profit after tax (PAT) of RM9.89 million for FY2021, an improvement of RM0.37 million or 3.89% over RM9.52 million PAT in FY2020 mainly attributable to lower tax payable arising from the claim for capital allowance from the acquisition of data centre assets. The Group will continue its research and development efforts to expand and extend the e-Cover services to the financial services sector and other segments of e-commerce by leveraging on the large 24×7 secured e-Cover infrastructure.

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  8. BURSA MALAYSIA

    BURSA MALAYSIA

    Rexit recorded a revenue of RM6.061 million, which has improved compared with the previous quarter mainly due to the increase in software sales and services. PBT declined to RM2.710 million due to higher direct costs and depreciation of newly acquired assets resulting from the relocation and upgrading of data centre.

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  9. BURSA MALAYSIA

    BURSA MALAYSIA

    Rexit recorded a revenue of RM5.837 million, which has declined compared with the previous quarter mainly due to the decrease in software customisation services. PBT and PAT have also decreased by 23% and 20% inline with the decrease in revenue.

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  10. BURSA MALAYSIA

    BURSA MALAYSIA

    For the current quarter, Rexit recorded a revenue of RM6.211 million, which has declined compared with the previous quarter mainly due to the lower software customisation services. PBT and PAT have also decreased in line with the decrease in revenue.

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  11. REMUNERATION STUDY

    REMUNERATION STUDY

    In Financial Year End 2020, the directors’ remuneration was 1.73 million. It was slightly high compared to average in listed companies, considering the employees’ remuneration of 2 million and auditor’s remuneration of 110 thousands

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  12. BURSA MALAYSIA

    BURSA MALAYSIA

    For the current quarter, Rexit recorded a revenue of RM6.766 million, which has improved compared with the previous quarter mainly due to the increase in software customisation services. PBT and PAT have also increased in line with the increase in revenue.

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  13. BURSA MALAYSIA

    BURSA MALAYSIA

    The Group recorded a revenue of RM6.003 million for current quarter, which has declined RM0.408 compared with the previous quarter mainly due to the lower software sales and services. The Group recorded a PBT of RM2.751 million for current quarter as compared to RM3.471 million in preceding quarter. PBT and PAT have also decreased in line with the decrease in revenue and higher Administrative expenses.

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  14. REMUNERATION STUDY

    REMUNERATION STUDY

    In Financial Year End 2019, the directors’ remuneration was 1.77 million. It was slightly high compared to average in listed companies, considering the employees’ remuneration of 2.1 million and auditor’s remuneration of 114 thousands

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  15. Avatar

    Investing Malaysia

    Average investing volume for Rexit Bhd in the past three months in stock market was 68.1k lots

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  16. Avatar

    Investing Malaysia

    REXIT gets a score of 14.36 in our equity and assets quality test based on current share price of RM0.595

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  17. Avatar

    Investing Malaysia

    Rexit Bhd gets a score of 28.4 in our stability test after the balance sheet, money statement study

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  18. Avatar

    Investing Malaysia

    Stock code of 0106 in Bursa Malaysia declared adjusted 4.91% dividend yield in past few years

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  19. Avatar

    Investing Malaysia

    REXIT is estimated to have a profit consensus of 8.05 millions, with an adjusted market capitalization of 100.93 millions

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