React Share Discussion Threads

[rivaldo] 23/3/2022 11:51

With 0.17p EPS forecast for this year to 30th September at least REAT's P/E is finally back above 10!

Hopefully tomorrow's AGM statement will reinforce the outlook from the prelims, when REAT noted that "The new financial year has begun well" and "We believe the Group is well placed to deliver another exciting year of growth".

[superhoop2] 23/3/2022 07:52

I topped up yesterday as I had a feeling they might announce another contract win just before the AGM ... which will be very interesting. Convinced now I am in the right share at the right time .. especially with what's coming lockdown/virus wise.

[rivaldo] 23/3/2022 07:30

Yep, another £150k in the bank for this year. This is an RNSNON as it's not material in itself, but I'd have thought REAT have announced it as this is just the "initial" short-term contract which could/should turn into a material long-term contract assuming REAT perform to standard.

And it's also been acquired via their core FM customer, showing how well that relationship's going:

[jeanesy] 23/3/2022 07:17

They were only small trades gbenson. Just a co-incidence I hope.

[gbenson1] 23/3/2022 07:15

Yep they just keep on coming, never sure what the profit margins are on these contract wins? Still happy with my 2p target short term. Judging by yesterday's flurry of buying think someone has friends in high places!!

[nithbank] 23/3/2022 07:02

Another nice contract win.

[jeanesy] 22/3/2022 09:58

A few small buys this morning. AGm this week. Hopefully more positive news to come soon.

[vikingben] 17/3/2022 17:03

All the trades today were buys

[gbenson1] 17/3/2022 10:57

fwiw these 4 trades are buys, can't understand the Sp action given the amount of good contracts won recently, think short term investors have been looking to drive the Sp down so they can make their 15-20% gains on the way up, expect a retrace to 2p+ shortly, imho

[gbenson1] 10/3/2022 16:08

Last 3 trades are buys, currently 1.672 to buy with ii !

[jeanesy] 10/3/2022 10:50

I am still hoping they are going to make an acquisition at some point soon. They said they would only do so if it was immediately earnings enhancing.

[rivaldo] 10/3/2022 09:32

Allenby currently forecast 0.17p EPS this year, so REAT are on a P/E of only 10 for the year ending in 6 months' time, when the forecast increases to 0.2p EPS, further dropping the P/E to 8.5.

They have a fair value of 3p for REAT. They also state these forecasts are "positioned prudently".

Worth noting from their last note that REAT have (including today's contract wins) won over £10.2m of new business in the last 12 months, bringing very good visibilty of revenues going forward on top of the already high recurring revenues.

[jeanesy] 10/3/2022 08:18

the 250k sell at 1.65 means you can buy at 1.75 now.

[1gw] 10/3/2022 08:12

The price has moved up noticeably though. Looks like 1.65-1.79 actual bid-offer from a dummy sell-buy. So might be some orders or delayed reporting in the background.

[jeanesy] 10/3/2022 08:08

The very positive RNS is having little effect on investors appetite for these shares though . A paltry 90k bought so far.

[rivaldo] 10/3/2022 07:40

Looking cheap at these levels.

And more contract wins today. REAT's management are certainly proving themselves to be extremely capable in terms of winning contracts with a variety of large companies.

Today we have £1.2m of revenues over three years with "a large multi-national manufacturing and distribution business", plus a new train emergency cleaning contract and further "smaller contract wins across the Group":

[jeanesy] 09/3/2022 19:27

A nice buy today .

[vikingben] 07/3/2022 16:55

Not that it means a lot, but more buys than sells today

[vikingben] 04/3/2022 14:10

Strange, just had a test sell of 500,000 @1.62, only had £298 in by account and bought @ 1.618, can any try a test buy with higher amounts!

[rivaldo] 01/3/2022 12:46

Today's RNS notes that the AGM on 24th March will be on Investor Meet, so presumably attendees will be able to participate in a Q&A session:

[jeanesy] 21/2/2022 13:03

It is the Mello presentation tonight. If anyone is going could they be so kind as to let us know if there are any new developments/things said. thanks

I am hoping we will make an acquisition in the not too distant future

[vikingben] 21/2/2022 12:59

Don’t panic the mm,S are willing to buy 500k at 1.9 k, think they are working a largish buy order, is there news soon of a new deal?

[rivaldo] 08/2/2022 07:24

Confirmation of two presentations, including Cenkos today and Mello on the 21st. Good to see REAT out spreading the word (though typically I can't attend either presentation - hopefully there'll be a recording of one or the other available somewhere):

[stevesham] 07/2/2022 14:33

New hire today at REACT

Sam Haywood IOSH, Group Head of Business Development - posted by Shaun Doak

Link if it works




Good news?

[jeanesy] 07/2/2022 14:19

I see the company is presenting again tmw with lots of others. I hope it can spark a wider investor interest.