||EPS - Basic
||Market Cap (m)
|React Group Daily Update: React Group is listed in the Chemicals sector of the London Stock Exchange with ticker REAT. The last closing price for React Group was 1.28p.|
React Group has a 4 week average price of 1.20p and a 12 week average price of 1.26p.
The 1 year high share price is 2p while the 1 year low share price is currently 0.85p.
There are currently 275,407,753 shares in issue and the average daily traded volume is 674,003 shares. The market capitalisation of React Group is £3,511,448.85.
|nithbank: Why is this company called 'React' when it never reacts! The share price has dropped 20% in the last month and not a peep out of them.|
|yump: I think the theory is that a share price needs to hold a 10% or more level above the previous consolidation for a few days, before it can be considered a breakout.
Although that depends on whose book or blog of self-fufilling mumbo-jumbo you read ;-)|
|yump: The reported pre-tax profit for React within Autoclenz was about 280K on 1.55mln turnover.
So if they just replicated that, it would give about 0.1p earnings ie. a p/e of about 15.
However, it looks as if turnover is going to be a fair bit higher than that.
On the other hand, its not yet known what level of overheads are going to be present. Within AutoClenz a proportion of overheads were apportioned to React.
My guess would be that with the group as it is the overheads will be significantly higher than within AutoClenz, simply because the admin. functions are now all stand-alone.
I guess it will be finals before we find out what the current share price represents as a rating. It will then also be a bit easier to see what level of turnover is required to grow React as a stand-alone profitable business.|
|nithbank: Share price on the slide. Needs an update fast.|
React Group share price data is direct from the London Stock Exchange