React Share Discussion Threads

[yump] 25/1/2022 16:54

Share price seems unreactive to macro events, which is nice.

[rivaldo] 25/1/2022 13:36

We already know the figures from the trading update. And there's been five contract win RNSs/RNSNONs since October :o))

Plus no PLC is allowed to hold back contract wins just for results dates - they have to be announced as and when.

The outlook and general tone is most important. Hopefully it'll match this from the update:

"We have had a positive start to the current financial year and sales activity is once again beginning to increase. A steadily growing pipeline of opportunities points towards a return to business-as-usual for a number of our customers and the outlook for the Group remains positive."

[superhoop2] 25/1/2022 11:51

Some solid figures and a new contract or two won't go amiss.

[vikingben] 25/1/2022 11:42

It would be nice to get some sort of clarification, from 5 to 20 million? Over 5 to 10 years!

[vikingben] 25/1/2022 10:47

Anybody going to ask a question regarding the valuation discrepancy of the last contract gain?

[rivaldo] 25/1/2022 08:33

Results will be out on the 31st January - next Monday - with an Investor Meet presentation on the Thursday:

[effortless cool] 19/1/2022 13:02

In that case, buy as many as you can at 1.2p!

[vikingben] 19/1/2022 12:16

Think that a large buy is being worked, at the moment I can sell 1 million @ 1.15p?
And buy @ a fraction below 1.2p, current spread is 1.15-1.25

[jeanesy] 18/1/2022 18:38

Welcome back nithbank. Nice late reported buy this afternoon.

[nithbank] 18/1/2022 16:37

I'm back in this after a year. Got a 10 bagger last time but I'll settle for a double now!

[gbenson1] 17/1/2022 12:49

Your right it's unclear, my reading of it is, it may be an initial contract for £10m over 5 years with a possible extension for another £10m over a further 5 years? Anyway its twice the amount notified in the RNS which is excellent news?

[rivaldo] 17/1/2022 12:33

The new £1m+ p.a for 5 years contract win is also reported on Bidstats, the government contract reporting site.

It's difficult to pick out the detail as there are actually two award notices, both on the same day, and the numbers involved are actually much greater.

Here's the first. Of the two winning suppliers, Fidelis appear to have won one award of almost £10.7m and another of £1.73m:



Here's the second:



This one has the same two winning suppliers, and has a 10 year value up to £7m - but quotes the value to Fidelis and the other supplier of £20.75m each!

Perhaps the much larger numbers are if the contract is extended beyond the initial 5 years. I can't make much sense of it all otherwise (maybe someone else can!), and certainly trust REAT's RNS much more than Bidstack's detail.

[1gw] 14/1/2022 18:28

That's a big late-reported trade from yesterday.

[jeanesy] 14/1/2022 15:42

Thanks rivaldo. You are are reaaly on the ball. You are doing a much better job than their brokers !! :)

[effortless cool] 14/1/2022 09:44

Thanks, rivaldo, that's real value-added reserach!

[hubs] 14/1/2022 07:51

I think the golden cross has formed today! gla.

[stevesham] 14/1/2022 07:22

rivaldo, brilliant good find thank you for sharing

I think I am going to add to my position, I am struggling to see any major downside

[rivaldo] 14/1/2022 07:17

Fidelis have won another contract this week (on Monday). This one's for £900,000 plus VAT over 5 years, i.e £180,000 per annum, for a sixth form college in Birmingham:



Lovely recurring income once again, all adding to the considerable recurring income already won.

Plus there's the potential for additional work - "during the course of this contract an additional one or two building may be added to the college and the successful contractor should cost this additional cleaning requirement using the same productivity ratios as were applied for the successful tender."

[rivaldo] 13/1/2022 14:36

Unusually Allenby haven't yet issued an update after today's large contract win. I suppose it's possible they won't update until after the prelims "towards the end of January".

[yump] 13/1/2022 14:16

Now they appear to be able to make and benefit from a successful acquisition, perhaps they can build with more.

Depends where the limits are with keeping overhead cost growth down and the extent of cross-selling possible.

Presumably they would be looking to acquire businesses with customers who need specialist cleaning but aren’t getting it completely from the acquired business.

[rogerc1985] 13/1/2022 10:25

POS about to boom dnt miss the boat

[norfolk enchance] 13/1/2022 10:24

Cheers. Company wasn't on my radar, saw the RNS this morn.

[jeanesy] 13/1/2022 10:06

Moneyweek. See rivaldo post 156. I am surprised if you are on this thread you didn't see it ?

[ged5] 13/1/2022 09:58

Missed the RNS this morning. It wasn't on Investegate when I looked.

More excellent news. It seems this is the time of year for REAT.

Norfolk see post 156.

[inv] 13/1/2022 08:30

Excellent Contract win. More to come