React Share Discussion Threads

[nithbank] 14/3/2016 12:38

Nice tick up his morning.

[loftus16] 11/3/2016 13:49

rohsl.co.uk website worth a view. Quality customer list.

[blueblood] 09/3/2016 07:30

Results are historic and for period to 30th Sept 15 when the business had only just been aquired. I want to know what is happening now and indeed over last 6 months. Expecting annual profits of c£300k as baseline but this won't be reported until this time next year. Interims by June will hopefully be 1st real evidence of growing business and H1 profits in excess of £150k would be start!

[nithbank] 09/3/2016 06:38

No updates needed as the annual results are imminent.

[colinzeal] 08/3/2016 20:54

Your guess is as good as mine...bit strange this in all honesty. No updates whatsoever.

[blueblood] 08/3/2016 08:39

Where's the updates they are running listed company not some behind closed doors old boys network....

[nithbank] 02/3/2016 06:37

Just checked- results due by 31 March.

[nithbank] 01/3/2016 16:42

Results this month? Anyone know?

[nithbank] 25/2/2016 16:46

?we're all going to clean up...

[cardiffjohn36] 25/2/2016 14:37

Amazingly just passed a react specialist cleaning van on motorway m4 In wales,its a sign i tell you!!!!

[nithbank] 16/2/2016 11:28

Could be a buying opportunity then.

[yump] 16/2/2016 10:10

I would lose confidence in the company if they gave an update as a result of £3000 worth of share trades. Someone's just got bored who was having a punt.

[nithbank] 16/2/2016 09:48

Share price on the slide. Needs an update fast.

[loftus16] 12/2/2016 17:34

Agreed yump - they are simply getting on with running a small established business. There is a lot of cash available, for a company of this size, which will be deployed when the time is deemed right and when the right opportunity is identified - in the light of the recent board appointment possibly sooner rather than later. Not long to wait in any case at least for a statement of current trading.

[yump] 12/2/2016 17:06

I think its a bit early to expect any real evidence one way or another re: the strategy. Give it 6 months or so - its not a quick buck share.

[andyview] 12/2/2016 16:26

good volume again with some chunky buys. heres to some positive news in the near future.

gla

[andyview] 09/2/2016 11:56

Volume has been a little stronger over the past few days, I've added a few more...

Gla

[blueblood] 08/2/2016 16:42

Is the companies financial year still to end Sept15? If so results next month but could of released trading update in meantime.

[loftus16] 05/2/2016 12:29

Likewise and so must the Reynolds/vendor group be which has 37% between them including the board.

Not to forget Helium RSF which holds 23% after more than doubling its initial financial investment.

The above 60% were content to be locked in for twelve months leaving 40% a number of which are in EIS schemes so it was reported some time ago.

Let's hope for an upbeat statement in March.

[andyview] 05/2/2016 10:29

Added to my holding post Vmp conversion, very positive about future prospects here !gla

[blueblood] 03/2/2016 08:36

Non exec board change looking towards future M&A imo.

[yump] 02/2/2016 14:30

It appears they got React for about 6x profits, 1x turnover, which isn't bad. So if they start delivering some growth and it gets rerated a bit, that should provide a fair bit of upside.

The rationale for the reverse takeover does make sense. A group that's only 5% of a larger group (Autoclenz), is not going to get much investment, as its probably being treated as an easy cash generator.

Looks like React had flat turnover last two years.

So either its a stable business bought cheaply, or its an expandable business, with some investment and initiatives thrown in. In which case the valuation could be transformed.

Depends how much growth there is in the market if you get a bit more aggressive with the selling.

[loftus16] 01/2/2016 16:05

A logical and welcome development following November's rns. Looking forward to the results statement as the figures will only show two months worth of React.

[partner] 01/2/2016 15:49

should help , licence to print money .