React Share Discussion Threads

[yump] 23/3/2016 08:49

Not much to see yet, but this bit will do for me:

"What we are delighted with is the number and increasing value of new tenders we are being approached on and the success with winning these."

[blueblood] 23/3/2016 07:41

This is very promising closing statement from Chairman's report as well:-

At present the market capitalisation of REACT Group Plc is small but I believe that if we deliver upon the opportunities forwarded to us this will change very rapidly.

I like the very rapidly....

[loftus16] 23/3/2016 07:41

Agreed Blue. Looks very good so far and ought to provide the new broker with plenty to tell its clients. Outlook is as I had hoped for.

"OUTLOOK

Since the year end the Company has traded very well, consolidating and growing the original business and absorbing the start-up costs of the two new acquisitions. Long standing clients continue to remain an important part of the business, but new clients continue to add a strong pipeline of contracts in both the public and private sectors. What we are delighted with is the number and increasing value of new tenders we are being approached on and the success with winning these.

We look forward with confidence as we have a well-funded business, with substantial organic growth and additional opportunities to acquire niche businesses that add a further offering to our ever expanding client base. At present the market capitalisation of REACT Group Plc is small but I believe that if we deliver upon the opportunities forwarded to us this will change very rapidly."

[blueblood] 23/3/2016 07:32

Difficult to comment on results during this period but very encouraged by growth in turnover. 1st 6 months of year pre deal was c£870k and in 3 months since takeover c£700k. Hopefully get a 6 month trading update to 31st March which will confirm turnover growth is now flowing through to profits.

[colinzeal] 22/3/2016 07:08

I can only describe the company's shareholder communication as "poor".

[blueblood] 18/3/2016 12:53

Surprised buyer isn't back in to mop up few more at these levels.

[loftus16] 16/3/2016 11:52

Doesn't take much. Results anytime now I'd imagine. Another new website due soon too for the other new subsidiary I believe. The rohsl.co.uk website looks professional and since November the business has done well to attract the quality customers that are listed. Now for some numbers...

[nithbank] 16/3/2016 11:15

Up we go again...

[andyview] 14/3/2016 13:13

Could be the start of something more sustained, I've been adding at theses levels

Gla

[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.