React Share Discussion Threads

[jambam] 24/4/2020 08:48

could we get another trading update? Surely there have seen incredible demand for their services?

[fillipe] 24/4/2020 08:47

Lowest ask on show is now 1.25p.

f

[andyview] 24/4/2020 08:33

Thanks Rivaldo.

Appears to be some good buying pressure this morning, tried to buy a few more but priced way over the ask

Gla

[hastings] 24/4/2020 07:57

Interesting stuff rivaldo and probably highlights a growing theme.I suspect that both existing and new clients of React will be looking for ongoing treatment cleans which should bode well.It'd be interesting to know if there is any broker note out or pending to give some kind of guidance. Whilst others are understandably now reigning in on forecasts, one would assume that for REAT at least, it is some what more discernible.

[rivaldo] 24/4/2020 07:26

Another sign of the way things are going from this morning's newspapers - Standard Life are withdrawing from attending future Davos World Economic Forums as a waste of time and money.

The £3m per annum they'll save (!) is to be spent instead on good causes - including "deep-cleans for care homes to protect against Covid-19":

[rivaldo] 23/4/2020 22:31

An excellent day, with a whopping 20m shares traded, a 19% share price rise - and new 40-month highs.

With the seller apparently gone or nearly gone, this is hopefully just the ground floor of the story if everything pans out.

[velvetide] 23/4/2020 18:45

yes, React appear to be specialised

Specialised cleaning will unfortunately continue to be the top priority with Gilead announcing inconclusive results with their China remdesivir trial, fortunately other countries are available..

[eeza] 23/4/2020 17:09

From Riv's post #29.

"For Rentokil (who are having to retrain their staff) this is a small bonus."

A bigger bonus would be taking out REAT?

[1gw] 23/4/2020 16:41

Pretty good day then, shareprice-wise, given the seller. And I probably wouldn't have been able to acquire the position I have (at the price) if there hadn't been the seller, so I don't think I can really complain about the selling.

[hastings] 23/4/2020 16:16

Regardless of when the seller is finished, this looks extremely well placed to prosper. If you take a look at the recent TU, the prospects here could only have strengthened and should continue to do so.The CEO who has a seemingly impressive industry track record only joined last year but has clearly made his mark and been elevated accordingly!

[siennadelekat21] 23/4/2020 13:59

Well this George fella that's selling doesn't have a lot more stock on his hands (and it's being soaked up well now) so I can see the brakes being released now. Onwards and upwards.

[nithbank] 23/4/2020 13:57

Remember when it was just you and me posting here? Now, if only I'd invested at .19...

[cooltools] 23/4/2020 13:23

Targets - we have to guesstimate some figures, as they have been losing money for years, but have now turned around.

So if we say a profit of £1m (say 25% of turnover), and a PER of 20x, market cap would be £20m, price 4.8p.

No idea how long it would take to reach that - depends on contracts of course.

Losses can be offset against corporation tax for three years, so they probably won't be paying CT for a couple of years.

[the vampire] 23/4/2020 12:41

Price targets anybody?TIA

[andyview] 23/4/2020 12:29

Good to see this moving up again following a period of consolidation. Moving up on good volume and some selling which is extremely encouraging imho and would suggest we can see this heading higher - a great buy for the current times and beyond

Gla

[eeza] 23/4/2020 11:31

Now a true Penny stock.

:-)

[rivaldo] 23/4/2020 10:52

7m shares traded already today. I'd guess 3.5m of those in 1m and 500k lots are sales by George, who must be sorely in need of funds for whatever reason. If he just let the price go he'd be able to sell at much higher prices.

[eeza] 23/4/2020 10:14

Going thro at full offer of 0.95p now.

[1gw] 23/4/2020 09:57

I've added as well.

[andyview] 23/4/2020 08:47

Bodes very well indeed,

Gla

[hastings] 23/4/2020 08:42

Great spot rivaldo and very interesting too.Averaged up with a few more this am.

[rivaldo] 23/4/2020 08:38

Interesting quote in today's Times from Rentokil about "life after lockdown" - their specialist hygiene business is seeing "an absolutely phenomenal rate of inquiries".

For Rentokil (who are having to retrain their staff) this is a small bonus. For a £3.7m m/cap and sector specialist like REAT...you can imagine the effect:



"Tomorrow’s customer is likely to be poorer, nervous and obsessed with social distancing and hygiene. That is good news for Rentokil, the pest control group, which has retrained 7,000 of its staff as deep cleaners and disinfectant experts.

“We’ve had an absolutely phenomenal rate of inquiries in our specialist hygiene business,” Andy Ransom, the FTSE 100 group’s chief executive, says. Employers want super-clean offices and factories if they are to coax staff and customers back to their premises."

[hastings] 22/4/2020 16:15

Looks like the share price is aligning with the name!

[cooltools] 22/4/2020 15:29

Hi all, can confirm it was my buy. Glad to find this is a well behaved thread with useful conversations!