Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
React Group Plc LSE:REAT London Ordinary Share GB00BZ2JBG28 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1.00 0.95 1.05 1.00 1.00 1.00 502,775 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 3.3 -2.0 0.7 1.5 5

React Share Discussion Threads

Showing 1701 to 1720 of 1925 messages
Chat Pages: 77  76  75  74  73  72  71  70  69  68  67  66  Older
DateSubjectAuthorDiscuss
14/10/2020
15:28
Great minds, rivaldo. I'm afraid that the only conclusion we can come to is that SafeOne is a liar or a fantasist (or both). Maybe he's just dreaming of getting a £40k cleaning job?
effortless cool
14/10/2020
14:54
In 2019 REAT had an average of 82 employees per the Annual Report. The total wages and salaries bill was £2.1m, including just £114k for directors. That's an average of £27,000 per employee (excluding the directors). I'm afraid SafeOne's figures are completely incorrect (unless he can somehow break the official figures down further to justify the variance to his figures). EDIT - EC, apologies, our posts crossed - but came to the same conclusion.....
rivaldo
14/10/2020
14:48
Taken from the latest annual report: 2018: wages and salaries £1,659k, operating/admin staff 58, so average £28.6k per annum 2019: wages and salaries £1,932k, operating/admin staff 79, so average £24.5k per annum A simplistic analysis, admittedly, but I would suggest sufficient such that it doesn't take a genius to work out that SafeOne is talking nonsense.
effortless cool
14/10/2020
14:25
Why don’t you just ask Shaun Doak. I can tell you now it doesn’t take a genius to work out why REACT make low 20% GP’s and the industry averages are 40-50%. Basics investographer basics....
safeone
14/10/2020
14:01
Have invested in this company earlier in the year and have added recently. I did look at wages being paid as a pointer to staff satisfaction and loyalty to the company and quickly found the following hxxps://www.indeed.co.uk/cmp/React-Specialist-Cleaning-Limited/salaries. Suggests they do pay over the average for similar jobs in their field but not at the £40k and above level. Interested to know if SafeOne as more accurate inside knowledge and is there anything else he could share with us?
cassdav57
14/10/2020
13:48
Gross margins improved in H1 to 33% from 26% - not a bad start considering that the operational improvements put in place by the new management have naturally taken time to bear fruit. SafeOne has posted 16 times in two years on ADVFN since he first registered. Every post has been about REAT, and every post has been negative. Enough said :o))
rivaldo
14/10/2020
12:55
Nice write up by Shaun, something this thread probably does not appreciate is that he admits that REACT pay their specialist cleaners well, what he does not allude to is how well. What if I told you most of there teams earn between £40,000 and £50,000 a year...This is crippling the GP and is why the performance is so poor from a margin perspective. To put this in perspective, Rentokil, probably the worlds largest specialist and deep cleaning business, pay between £24,000 and £28,000. Multiply that by 90 staff and the margins could be better to the tune of £2m pa. Trouble he has got is changing these contracts, which are of course protected by law, and recruiting new blood on half the salary also is not possible. So, that is some inside knowledge as to why this microcap should really be flying but will always be anchored down by historical employee contracts and terms....
safeone
14/10/2020
12:33
Thanks Zico- not read that before. They were very bullish in April & have no doubt been a lot busier since.Just to give you a little flavour of that, we do a lot of Covid-19 decontaminations that have already been decontaminated
investographer
14/10/2020
09:59
My apoligies if this has been posted before it's an excellent read ; React cleans up after Covid-19 8th April 2020 In an exclusive interview with Safestocks, Shaun Doak CEO of AIM minnow React (AIM:REAT) reveals that this specialist cleaning and decontamination company has benefitted from the high demand for its decontamination and infection control services to eliminate the virus responsible for the coronavirus. Currently, React is carrying out Covid-19 decontamination clean-ups from everything from police vehicles to offices to manufacturing plants. “I can’t give you much detail, because it’s commercially sensitive IP, however the way we carry out our decontaminations is lot more thorough than many of our competitors, that is for sure. We do ‘before’ and ‘after’ testing to ensure we have decontaminated property to a high standard and certify swabbed areas are clear from traces of the virus. We use the correct chemicals and equip our operators beyond the standards required to ensure their health & safety. We set ourselves apart by doing things the right way.” He continues: “Just to give you a little flavour of that, we do a lot of Covid-19 decontaminations that have already been decontaminated, allegedly, 2-3 days before. But they haven’t been done properly. The ATP-testing we apply hasn’t been done, which we do in order to certify the property as clear.” Not only have its 90 staff been working flat out to meet demand for its specialist decontamination services but he also foresees that this pandemic may alter the mindset of people as to the importance of regular deep cleaning. “We’ve all worked in offices that have never experienced a deep clean but I think that moving forwards things may be very different. I think it has to be.” “Once lockdown is relaxed I think there will be an increased sensitivity towards hygiene in the workplace. More specifically, there will likely be pushback from employees that won’t readily wish to go back to their place of work until the premises have been decontaminated. That may not necessarily be a Covid-19 decontamination, it may be just a deep clean. However, any incidents of property being exposed to the virus will be dealt with rapidly until such time that COVID-19 no longer remains a threat. That is certainly some of the information I am receiving from customers out there, anyway.” Indeed, just as London bus drivers have hit out at lack of protection and are demanding that their buses are properly deep cleaned, it would be surprising if employees (especially unionised ones) across the whole of the UK don’t want to ensure premises are safe before returning to work after the lockdown. Indeed, I believe employers will wish to eliminate the risks to their employees, visitors and the business of repeat infections as a result of contaminated property. For its part, React provides its employees the best PPE equipment available and certainly to a higher standard than your average deep cleaner, as Doak explains. “When Covid-19 reared its ugly head, people who were working on contract work for us, including hospital work and rail sector, we went above and beyond Public Health England and the World Health Organisation requirements to protect our staff. The reason I did that was firstly, I have a background in construction and place a heavy focus on health and safety. Secondly, we are only as good as the staff out there carrying out their job. As a brand we have a strong reputation for the excellent standard of work carried out by our staff. The last thing I wanted to do was to risk exposing them to danger in any shape or form.” React goes after difficult work with decent margins and therefore its employees are also paid well, which certainly seems fair and makes for a well-motivated workforce. “We pay our specialist operatives well, a lot higher than most would appreciate, but we appreciate what they do is unpleasant stuff that no one else wants to do. Beyond Covid-19 Doak is at pains to stress that React is not just a provider of Covid-19 decontamination services. “We are not just a Covid-19 clean-up company, we are a specialist deep cleaner. I believe the best out there.” “We carry out specialist cleaning and decontamination work that other companies just don’t want to, or aren’t qualified to do. Because of that our customers value what we do and pay us appropriately. Likewise, we pay our staff well and appropriate for the specialist work they carry out.” Thus, it gets involved in everything from deep cleaning within the healthcare sector, hospital trusts, cleaning up after road traffic accidents, picnic sites after a bank holiday, huge fly tips by the side of the road, drug dens knee-deep in needles, flea invested properties as well as train fatality clean ups for the majority of train companies. All of this takes place right across England, Scotland and Wales using its partnership/sub-contractor network. It is also important to appreciate that the React business is divided into 2 parts: of approximately equal size of revenues; reactive cleaning services – which is supporting the deep cleaning requirements; and regular maintenance services. What has become clear with the £500k contract in the rail sector that was won in January is that React is now able to leverage relationships that it has built up, to be a one-stop shop for a variety of complex cleaning jobs, a sort of facilities management house for specialist cleaning services. I therefore believe that the increase in demand for its services isn’t just a flash in the pan and that it is set to be profitable from here on in — something of a rarity for a growth stock. This company is flying beneath the radar of most investors, both because of its tiny £3m market cap and the lack of forecasts in the market. That said, it is expected to be profitable at the interims and for the full year. As it said in a Trading Update RNS published on April 6th: “At the start of the financial year, which runs to 30 September 2020, management expectations had been for the business to move into profitability after reporting annual losses for the last four-years. Recent trading, notably in March, has been ahead of management expectations and as result the Group is likely to have delivered a small operating profit in the six months to 31 March 2020, which puts the Group in a good position to meet or exceed management expectations for the full year.” Another positive is that aside from CEO Shaun Doak, who appears to be doing a fine job selling the services of the company with some big contract wins recently, there appears to be a surprising amount of in-depth management expertise within this micro-cap. These include a new Financial Director and a new Operations Manager. In summary, React is much more than a Covid-19 play and I believe the business will continue to grow profitably. As it does, the share price should appreciate substantially. Indeed, in time, I’d hope to see a dividend.
zico01
14/10/2020
05:58
Yump and Zico filtered bring nothing to the board ...
ccr1958
13/10/2020
22:42
Which one of you holds you or sikhthetech or neither? whose turn is it with which account? What account posts on what board again?Sooooo confusing
oapknob1
13/10/2020
20:10
That's weird, I've hardly posted anything on the SRT board, especially recently. Why not have a look at EC's posts and see whether they're are 'inane' on other shares. Or perhaps not cba. You have no idea whether I have shares or not. Confusing isn't it ? Someone who might hold shares while not being a wild optimist about their investment. Someone who posts both positive and negative. But the problem is, as with many 'discussions', that the simple-minded have a desperate need to put someone firmly in one camp or the other. Its a tragic human dilemma.
yump
12/10/2020
09:23
Please just ignore him. I have had yump on filter for years due to his repeated inane posts on another share I hold, SRT. I suggest that others take the same approach with both yump and stt.
effortless cool
12/10/2020
09:06
zico I don't know why you're posting my factual posts again - it does nothing other than prove that I know what I'm talking about, while you're stumbling around trying to guess imaginative results to fit into your investment hopes. That is a dangerous strategy if you value your money. Why don't you search for some more of the tenders - that would be a useful use of your time and help you understand your investment.
yump
12/10/2020
07:07
However, the experiment was conducted in the dark. UV light has already been shown to kill the virus.React Group use UV technology
investographer
12/10/2020
04:35
A continued need for cleaning but not without controversy: hTTps://www.bbc.co.uk/news/health-54500673
andyview
11/10/2020
19:10
Ged "I'm surprised no-one has mentioned the 2M buy on Wednesday morning which seems to have got the ball rolling." Probably because it was by one of the lth, along with the other buys. They then sold from Wed pm onwards.
sikhthetech
09/10/2020
11:42
troll Why do you continue to post on this forum clearly you do not own any shares you have no intention of buying any. You do not contribute anything of value to share holders. You are a pest MOVE ON
zico01
09/10/2020
11:21
zico Just concentrate on your own investments - don't let me distract you with facts. Or you could back up your 'future is rosy' comments, by searching for these tenders, rather than letting other people do work for you. Who knows, there could be loads out there.
yump
09/10/2020
10:25
I'm surprised no-one has mentioned the 2M buy on Wednesday morning which seems to have got the ball rolling. Looks like a little bit of profit taking has occurred and why not? After all we're here to make money. Personally I expect a good run up to the trading update, so any profits might be used to buy if there are further dips.
ged5
Chat Pages: 77  76  75  74  73  72  71  70  69  68  67  66  Older
ADVFN Advertorial
Your Recent History
LSE
REAT
React
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20201130 05:46:52