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REAT React Group Plc

74.00
0.50 (0.68%)
10 May 2024 - Closed
Delayed by 15 minutes
React Investors - REAT

React Investors - REAT

Share Name Share Symbol Market Stock Type
React Group Plc REAT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.50 0.68% 74.00 13:49:12
Open Price Low Price High Price Close Price Previous Close
73.50 73.50 74.00 74.00 73.50
more quote information »
Industry Sector
CHEMICALS

Top Investor Posts

Top Posts
Posted at 03/5/2024 10:53 by melloteam
REACT will be at Mello2024 on Wednesday 22nd and Thursday 23rd May 2024, 9am-6pm at the Clayton Hotel & Conference Centre in Chiswick, London. The annual flagship in-person investor event will feature over 40 companies and keynote speakers such as Lord Lee; Christopher Mills; Georgina Brittain; Gervais Williams; Ed Croft; and many more!
Get 50% off your ticket with code MMTADVFN50

For more info:
Posted at 26/4/2024 06:36 by solooiler
Actually you were just being deliberately misleading to new potential investors given you've held REAT for ages even before the consolidation so surely you knew it was over a billion and even posted this below. That's really poor of you.

"superhoop2 - 03 Feb 2024 - 10:06:31 - 1048 of 1267 REACT Group : contamination/deep cleaning specialists - REAT
Whatever happens I don't want to see any more shares issued ... this, I believe, is holding back the share price and will continue to do so. Also, if an acquisition is in the pipeline then give current shareholders a chance to purchase and not just the Institutions as previously!"
Posted at 25/4/2024 10:46 by gbenson1
The share price is at a conundrum, there aren't many share is issue so the MMs are hoping for some sellers, but investors are waiting for a price increase from the 67.5p 1/50 split, somethings got to give, unfortunately I think the MMs will have to increase the bid price to stimulate sellers which will break their hearts..
Posted at 05/4/2024 17:11 by microscope
I think this'll take off next month after the 12th May.

That's two years after Laddersfree was announced and the brothers' (sorry forget names) had a 2 year lock in (with 1 year 'orderly market' thereafter).

Market is wondering what will happen to these shares imho. Numbers and news justify a higher share price so this is all that's holding us at these levels.

Suspect they'll find buyers for the shares and that was probably part of the reason for new broker appointment recently. Could be a good chance for patient investors to accumulate at current levels meantime. Any acquisitions are likely to be fairly minor i think, it's a fragmented small sector and they can cherry-pick.
Posted at 07/3/2024 21:37 by tole
https://masterinvestor.co.uk/equities/small-cap-catch-up-time-reat-eman-and-foxt/REACT Group (LON:REAT) – Ready To Be Swept AwayIn my Profile on this leading specialist cleaning, hygiene, decontamination and contract cleaning business on 12th February I made a concluding comment about the 1,067,648,507 shares in issue.I clearly stated that –"It would be sensible if moves were made to lose the current 'penny share' status, that could give it more investor credibility – which it certainly deserves."The shares, which I classed as a bargain for new investors, were then 1.25p, they have since been up to 1.50p, that was before yesterday morning's announcement which I consider will go a long way to gaining the £15m valued group so much more credence.The group has now proposed to consolidate its share capital with the aim of improving the marketability of its shares. If approved, this measure will give 1 new share for every 50 currently held.That will see the number in issue reduce following the consolidation to just 21,352,971 shares.We will look to the AGM on Thursday 28th March and the group's latest Trading Update for further comment on the current year Outlook.The shares closed last night at just 1.38p.
Posted at 06/3/2024 10:58 by rivaldo
Agreed overall a good move. Personally penny share or not makes no difference to me - the m/cap etc remain the same - but I can see why psychologically it's better not to be a penny share, and it seems institutional investors prefer a "proper" share price.

REAT remains cheap imo whether it's 1.4p or 70p!

I've signed up for the 28th March AGM Investor Meet - hopefully there'll be another update on trading etc, though it might be relatively brief given that the results will only have been issued seven weeks previously.
Posted at 28/2/2024 13:38 by davidosh
Indeed....from my knowledge the average Mello investor is looking at a longer term view and will prefer to buy when there are sufficient sellers so they get a decent stake. Traders and smaller sized investors are looking for quick profits.
Posted at 23/2/2024 17:41 by melloteam
React Group plc will be presenting on the MelloMonday webinar on MelloMonday 26th February 2024, starting at 5pm



The programme is as follows:

5:00pm Market overview from ‘Queen of Tech’, Vin Murria
5:10pm Company presentation from AdvancedAdvT
5:40pm Damian Cannon explains the Zulu Principle
6:10pm Company presentation from React
6:30pm Company presentation TBC
7:00pm BASH Panel


There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.
Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.


FREE Investment Trusts and Funds Event on the following day, Tuesday 27th February, at 1pm.
Register for FREE here:

The event will include the following:

Keynote presentation from Edmund Shing
Company presentation from Ocean Dial and the India Capital Growth Fund
Company presentation from River and Mercantile UK Micro Cap
Andrew Latto presents ‘Fundsmith – Thirteen Years On’
Posted at 12/2/2024 21:13 by tole
https://masterinvestor.co.uk/equities/react-group-ready-to-clean-up/REACT Group Ready To Clean UpBy Mark Watson-Mitchell 12 February 2024 6 mins. to readREACT Group Ready To Clean UpA Cash-Positive business and operating on 87% ARRI know that I haven't featured my favourite ARR investment criteria for any stocks recently, but as regular readers will know I just love Annual Recurring Revenues.It is any finance director's key number and this group operates on a very high figure.To know that your company's revenue intake has certain fixed levels for the year ahead, surely makes the assessment of future capital expenditure that much easier.So, when I alight upon companies where their business has high levels of guarantee going forward, it makes me almost salivate upon the assumption that 'risk' is being severely reduced.Now looking at REACT Group (LON:REAT) many investors may not get zizzed-up because of its basic business – which is cleaning services.The BusinessThe £13.5m capitalised group, which is based in Birmingham, is the UK's leading specialist and contract cleaning business.It operates with three divisions: LaddersFree, one of the largest commercial window cleaning businesses in the UK; Fidelis Contract Services, a contract cleaning and facilities maintenance business; and the REACT business, which primarily provides a solution to emergency and specialist cleaning situations, both through long-term framework agreements and on an ad-hoc basis.You Want It Cleaned?Well REACT can do that.The group describes itself as the extreme cleaning company that goes beyond the everyday to tackle cleaning problems that non-specialists just can't cope with.From hotels to prisons, crime scenes to cruise ships, public spaces to private hospitals, it does what others can't do – going beyond everyday cleaning to deliver a specialist service whatever the challenge.The sectors into which it provides its various services includes rail, justice, industrial, housing, healthcare, education, highways, emergency, and also facilities management.The company offers air duct cleaning, animal and human fatality management, hazardous and biohazard cleaning waste removal, carpets and floor cleaning, clinical waste removal, crime scene and forensic cleaning, decontamination, deep cleaning, detention centre cleaning, end of tenancy cleans, fire and smoke damage, fire damper testing, flood and sewage clean up, and fly-tipping clearance services.It also provides graffiti removal, depot and warehouse cleaning, high-level cleaning, ATEX explosive environment cleaning, grease extractor cleaning, highways and lay-bys, house and hoarder clearances, kitchen grease extract cleaning, nightly hospital cleans, office and commercial property cleaning, pigeon guano clearance and anti-bird control.Other services include trackside decontamination, emergency vehicle cleaning, sharps and drugs paraphernalia removal, detention centre cleaning, commercial window cleaning, norovirus and covid decontamination, infection control cleaning, data room cleaning, school contract cleaning, train carriage and graffiti cleaning, and rail deposit and station, and rail rapid response cleaning services.Some Leading-Name ClientsAs a group, through its three main divisions, it offers its services to over 1,200 customers mostly in the private sector, while better-known clients include Costa Coffee, DPD, Hitachi, Lidl, Sodexo, Mannheim, UCLH, Frimley Health, Nespresso, Wendys, Marriott, Mitie Group, Ringway, Serco, Pret A Manger, Tapi, Fortem, the gym, Govia, Britannia Services Group, Holiday Inn Express, the Extra Care Charitable Trust, IAC, GeoAmey, and the University College Birmingham.The group's growth has been underpinned by its strong customer retention, while securing contract expansion and retention, as well as offering massive cross-selling possibilities.The Latest ResultsLast Tuesday the group declared its final results, showing a record performance for the year to end September 2023.It reported that its revenues had increased by 43% to £19.6m (2022: £13.7m), boosted by the numerous multi-year contracts that had been won via cross-selling across the group.Impressively the group's gross profit was up 61% to £5.2m (£3.3m), its profit margin was 27% (24%), while its adjusted pre-tax profits were almost trebled from £0.7m to £1.8m, with earnings per share doubling from 0.1p to 0.2p for the year.Some 87% of the group's sales were classed as recurring revenue, against 83% in 2022.On a like-for-like basis the group's organic revenue growth showed through at around 21%.The 'capital light' business was highly cash-generative and ended the year with a cash balance of £2.1m (£1.5m).Management CommentCEO Shaun Doak stated that:"I am delighted to announce a strong performance from the REACT Group, marked by impressive organic growth and improved profitability and cash conversion. This success underscores the strength of our value proposition and customer acquisition strategy.Following the acquisitions of Fidelis in March 2021 and LaddersFree in May 2022, we have consistently achieved substantial organic growth. This achievement showcases our proficiency in integrating these offerings into our core services, unlocking potential across an expanded customer base. Our success is evident through effective cross-selling and upselling strategies, as well as our ability to attract new customers.Momentum from FY23 has continued into the new financial year, and despite the usual slow down across the festive period, the first few months of FY24 have delivered a record trading performance for the Group."Current Trading And OutlookLooking at the group's current year's trading and its outlook, the company stated thatit has already had good momentum into the current year, following a strong first quarter, reflecting significant growth opportunities as it goes forward.The company is now underway with a near £300,000 investment in infrastructure to leverage its efficiency-enhancing technology across the group by way of mapping out digitisation of its services, which could offer greater operational efficiencies and optimisation of its resources when completed.The EquityThere are 1,067,648,507 shares in issue.Larger holders include Octopus Investments (15.22%), Dowgate Capital (12.09%), Canaccord Genuity Wealth (9.32%), Harwood Capital (8.38%), ISPartners Investment Solutions (7.95%), and Premier Fund Managers (6.36%).Three private investment holdings are of note: Jonathan Whitmore (2.81%), Jason Korinek (2.61%) and Justin Korinek (2.61%), the latter two were involved in the LaddersFree business.Analyst ViewsGreg Poulton at Singer Capital markets rates the group's shares as a Buy.For the current year to end September he is estimating £21.2m of revenues and £2.1m of adjusted pre-tax profits.He has a Price Objective out on the shares at 1.9p.In the middle of January, the group appointed Dowgate Capital as a Joint Broker to the company, I now understand that it will be issuing a note on the group shortly.My View – 1.60p Target Price Holds FirmThis little group has achieved excellent organic growth over the last three years, running at an average 24% per annum rate in that time.And that long-term growth in its 87% annual recurring revenue will also help to boost still further its operating margins.I consider that this little group has sensible ambitions in its future expansion.It has a declared aim to grow to a £50m value within the next few years.Against its £13.5m market capitalisation, a positive point is that it ended its 2023 year with £2.1m cash in the bank.The recent bolt-on acquisitions that it has completed have all been accretive and I am sure that other smaller to medium sized targets are being lined up, certainly as the group steps up its M&A expansion phase.The group has a good pipeline of potential business and as it gets its digitisation completed, I can envisage even more cross-selling opportunities being presented and being worked upon.It would be sensible if moves were made to lose the current 'penny share' status, that could give it more investor credibility – which it certainly deserves.The group's shares, which closed at just 1.25p on Friday night, are a Strong Hold for existing shareholders and should prove to be a bargain for new investors.
Posted at 09/2/2024 13:56 by jeanesy
shareprice is taking a bit of a hit. Investor presentation is on Monday. They need to be upbeat and have something good to say as it looks like investors here are not impressed.. is it to do with the new way the accounts are presented ?

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