React Share Discussion Threads

[hedgehog 100] 08/4/2020 17:31

06/04/2020 07:00 UKREG React Group PLC Trading Update
" ... REACT has expanded capacity to support demand by cross training our experienced operators and through partnerships and sub-contracting with smaller specialist cleaning operators. ..."



Interestingly, EAAS also issued a trading update on Monday, and revealed that it is now offering deep hygiene cleans to accompany transition to LED lighting, which shows the increased demand for these cleaning services.

EAAS outsources its installation and maintenance, so it could potentially be working with REAT on this.


06/04/2020 07:00 UKREG eEnergy Group PLC Trading and COVID-19 update
" ... To help support businesses and schools, eEnergy is offering new LaaS clients a three-month payment rebate as an incentive to accelerate their transition to LED lighting. This incentive is being combined with a deep hygiene clean to reduce the risk of future COVID-19 infections. ..."

[debz3] 08/4/2020 10:39

Its a good read Chrismenon

[chrismenon] 08/4/2020 08:48

Interview with Shaun Doak: hxxps://www.safestocks.co.uk/

[rivaldo] 07/4/2020 23:13

I make that over 35m shares traded in the last 2 days - around 8% of the shares in issue.

Hopefully the buy trade of 1m shares reported late tonight is a good sign for tomorrow.

[tickboo] 07/4/2020 12:37

Fair points.

[thamestrader] 07/4/2020 12:35

My little buy was at the full ask.

[rivaldo] 07/4/2020 12:30

Firstly, the real spread is usually a lot better than the published spread. Secondly, given the tiny m/cap I suspect any decent volume will move the price such that the spread will quickly be vanquished :o))

[tickboo] 07/4/2020 12:09

The 20% spread is surely putting off more Byers. Move the bid up.

[jpuff] 07/4/2020 11:53

The chart is looking like a coiled spring to me that's soon to be released

[flashheart] 07/4/2020 11:43

With such a paltry market cap and the amount of work coming in and increasing there is much scope for an eventual multi bag here.

[rivaldo] 07/4/2020 11:40

Well, I bought some more before the move back up just now. Hopefully, with just a £3.2m m/cap, there will be a lot more deep clean contracts coming along very soon given the COVID-19 pandemic.

[rivaldo] 07/4/2020 11:18

Almost 2m shares bought in the last few minutes, the latest at the full 0.75p offer.

Hopefully the dam is about to burst.

[rivaldo] 07/4/2020 10:00

Can't believe the seller has much stock left with another load going through this morning!

Nice coverage here:



"REACTing to increased demand caused by COVID-19
6th April 2020

The REACT Group Plc (AIM: REAT) has announced they are experiencing a period of high demand to provide decontamination and infection control services for premises thought to be harbouring COVID-19.

The Company’s proprietary components and methodologies eliminates all traces of the virus and can provide ATP testing to confirm and certify a site is clear for safe operational use.

Capacity has been expanded to support demand through cross training, partnerships and sub-contracting with smaller specialist cleaning operators with all specialist cleaning operators are equipped beyond recommended standards to ensure their health and safety.

The Company has entered into a number of agreements with Tier 1 Customers to provide a 'first-response' service to support multiple premises in England and Wales. Although demand is likely to decrease over the next few weeks as the impact of the lock-down reduces incidents requiring remedial action, the Company believe demand will increase again as the country returns to some form of normality.

Current Trading ahead of management expectations

Due to the increase in recent trading, the Company now expects to deliver a small operating profit in the six months to 31 March 2020, ahead of expectations and putting the Company in a good position to meet or exceed management expectations for the full year.

Strengthened balance Sheet

The (unaudited) cash balances as at 31 March 2020 was c.£306,000, which only included one week's payment from the c. £0.5 million Tier 1 Customer contract announced on 23 January 2020. From this point forward remittances from this Contract are now issued weekly to contribute positively to the Company's cash position.

In addition, REACT has negotiated with a bank an initial line of credit of £225,000 on favourable terms secured through invoice discounting.

These actions put the Company is a strong position to support its growth."

[rivaldo] 06/4/2020 15:02

Likely to be simply a large forced seller at the moment - particularly as this will be one of the few times when there's great liquidity to sell into.

It'll be more interesting to see what happens when there's a lack of stock following clearance of the overhang.

[jamesjjj] 06/4/2020 13:51

Agreed react looks an interesting share. What worries me is the market not believing it at the moment. Any ideas why?

[aimbagger] 06/4/2020 12:22

We are security cleared to work in sensitive areas, and we're properly equipped to the highest industry standards. That means we provide excellent #SpecialistCleaning services, however difficult or urgent the job may be #REAThttps://www.reactsc.co.uk/emergency-cleaninghttps://twitter.com/react_sc/status/1247121889996296192?s=21

[rivaldo] 06/4/2020 11:05

Bouncing nicely now, and buying taking place at consistently higher prices towards the rising offer price.

That must have been one desperate seller!

[aimbagger] 06/4/2020 10:29

MM's hitting stops, NT to buy any amount, don't be fooled.

[andyview] 06/4/2020 10:23

I've added a few more at these levels.

gla

[aimbagger] 06/4/2020 10:16

REACT Plc helps with fight against COVID-19http://bit.ly/REACTCOVID

[rivaldo] 06/4/2020 09:07

I've bought in this morning - looks like REAT will be a big winner from the COVID-19 crisis. Excellent statement this morning.

I was amazed to be able to buy in the 0.8p's. Looks like there's a forced/desperate seller out there.

Given that this is just a £3.7m m/cap company. any seller should be out pretty soon if not already. Once that happens then shares could be as hard to get as hen's teeth.

[jfreshfield] 06/4/2020 08:32

Absolutely. Rerate in progress

[andyview] 06/4/2020 08:21

The chart is strong and the recovery and momentum has been building, the COVID outbreak will add further demand to the recovery and should see it continue upwards


Gla

[debz3] 06/4/2020 08:17

Has to be worth a rise on that news.Guess a profit is a profit for some here.

[someuwin] 06/4/2020 08:00

Excellent!