Price stabilized :) , quite cheap for where it should be.. |
Contract details are often commercial in confidence, at the instruction of the buyer. They may be limited in what they can disclose. |
There was an investor presentation today. Didn't do the shareprice much good . New contract announced today but no figures given which never goes down well imo. |
Just to let shareholders and prospective investors know that REACT GROUP PLC will be presenting on the MelloMonday webinar starting at 5pm on Monday 10th February 2025.
The programme for the evening is as follows:
5pm Keynote Speaker
5:30pm Company Presentation from Time Finance plc
6pm Company Presentation from React Group plc
6:30pm Educational Presentation
6:45pm Company Presentation from Hercules Site Services plc
7:15pm BASH (Buy, Avoid, Sell, Hold) Panel
These are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.
Tickets are still available; for half price tickets enter the code MMTADVFN50. |
Sorry rivaldo, showing my ignorance here, RNSNON?
I wondered if undisclosed amount was due to being government (or even royal!) building(s) but unlikely I suppose.
Wonder whether Octopus is buying for a potential bidder, or just their own funds. 19pc of any company would be rather a large chunk merely for an investment portfolio. |
Great to see Octopus buying more and going above 19% the other day.
Today's news is an RNSNON, so not immediately financially significant, but is likely meant to show Aquaflow's potential both in itself and in terms of synergies/collaboration with the rest of REAT's blue chip client base.
The closing comment reads very well:
"This new contract, coupled with the exceptionally positive momentum and numerous cross-selling opportunities achieved since the acquisition, is a direct result of the hard work and dedication demonstrated by our entire team." |
Investor presentation today may be helpfull for a share price lift. |
Contract win. No value mentioned. Appears to be a big firm.
Brochure suggests huge size |
Octopus add’s just over 1% of our Company now 19.36% |
Great thing, hindsight, eagle! ;)Most of the bigger trades so far recorded today appear to be buys, so either there's something not showing, or it's smaller PIs taking fright, in which case there should be opportunities at some point in the next few days. I often find, if it's PIs, the selling spills over to a second day as they catch up with results overnight, so to at least second morning, before it dries up. |
React was a sell at 8am this morning IMHO.
Anything that disappoints in this market will be severely punished.
Tip sheets don't help as their investors are generally weak holders.
Maybe some institutions may top up, but for me personally it's one for another day. |
This is such a frustrating company. Yet another miss against forecasts - when will they learn?!
rivaldo makes good points, however, particularly in respect of highlighting the operating cash flow, which should only get better in 2025 with Aquaflow coming in.
The fall today looks well overdone so, perhaps against my better judgement, I have added 25k at 77.7p and 25k at 77.9k. |
Profit forecast of 2.4 million fully met (2.41 million) and trading in line with management expectations. Obviously NI changes were going to make an impact, and their Christmas period is always cyclical, but recurring revenues are very impressive and Aquaflow will add to the bottom line, particularly in the second half of the FY as synergies are made and initial integration costs completed.More anecdotally recent storm damage has led to several businesses near me touting for deep clean companies. The market sell-off already looks overdone and as rivaldo rightly says is probably small investors looking for too much on over-inflated expectations, following recent tips.It presents an opportunity, certainly if you have a two year timeframe when Aquaflow should deliver substantial increases to the bottom line.All of course imho! |
Incidentally, Dowgarte have reiterated their 120p target price.
There's been a sell-off this morning presumably from (1) traders hoping to make a profit on the back of the Master Investor tip earlier this week, and (2), despite the overall commentary re trading nicely in line since the year end, some realistic comments about the additional NI costs etc and a few customers cutting work to save costs in the current climate.
REAT are now trading on a single-figure P/E. More importantly, look at the cash flows - £2.79m of operating cash inflows in the year against an £18.5m m/cap. |
Dowgate's note this morning shows:
- adjusted PBT of £2.1m
- adjusted EPS of 8.3p
The forecast this year is for £2.8m PBT and 8.5p EPS, rising to 10.8p EPS next year. |
Stocko forecasts for 2024 show revenue was expected at 21m and Profit after tax £1.56m, but they only delivered £18,000 if Ive read the results right? |
Dowgate have reduced their 2025 pbt forecast by 10% from £3.1m to £2.8m. |
Downbeat outlook.
Talk of macroeconomic uncertainty, subdued demand in specific end markets and rising operating costs. |
That will be about 5 million shares sold, explains a lot about the drop in share price, but who have been buying? |
They usually RNS notice of the date a few days beforehand, rivaldo. So I'm doubtful it'll be tomorrow, but it's possible I suppose. Perhaps he's confused it with pre-announcement.
As I said above they've been late Jan / early Feb last three years. |
The article posted above claims the finals will be tomorrow - does anyone have evidence of this? I can't see any (perhaps I missed it?), but perhaps MWM has info we're not privy to. Last year's results were 6th February for the record. |
Email just sent out by Mark Watson-Williams at Master Investor:
"REACT Group - Clean Up Ahead Of Finals
Now is the time to really tidy up your Small Cap portfolios by adding some REACT Group shares before this Wednesday’s Final Results announcement.
Mark Watson-Mitchell
Jan 27
Later this week REACT Group (LON:REAT) will be declaring its results for the year to end-September 2024.
It is expected to show revenues of around £20.7m (£19.6m), up some 5.6%, with an improving gross profit margin of 27.5% (26.5%), lifting its EBITDA to £2.4m (£2.3m).
But that was last year!
Following the late October 2024 acquisition of 24hr Aquaflow Services, for up to £7.4m, analysts are now looking for the group’s shares to be valued in the 120p to 135p range, as compared to the current lowly 84.50p..." |
Yes, the results and update on the progress of our latest purchase will be very interesting. |
Results last three years have been 31st Jan (2022) then 6th and 7th Feb last two years.
Good to see Octopus showing such confidence close to the same time of year. :) |
Well, Octopus seems to be happy with the progress of our company.
However they did not take all of the 5 x 300k buys shown yesterday?
I think those transactions were done last Friday, which increased the share price? |
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