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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
  0.05 5.0% 1.05 1.00 1.10 1.05 1.00 1.00 1,312,899 10:03:40
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 3.3 -2.0 0.7 1.6 5

React Share Discussion Threads

Showing 1726 to 1750 of 1925 messages
Chat Pages: 77  76  75  74  73  72  71  70  69  68  67  66  Older
DateSubjectAuthorDiscuss
21/10/2020
14:46
Do the directors have skin in the game here ?
ccr1958
21/10/2020
13:04
You cannot simply forget about the £1.8m cash pile from a valuation perspective. REAT now have a £4.8m EV (m/cap less cash). For the current year a similar upswing to last year would see PBT at well over £500k - an ex-cash P/E of under 10 and an extraordinarily cheap PEG. At only say £350k PBT the P/E would be just 13.7. There's also the likelihood that REAT will make an earnings-enhancing acquisition from the cash pile to jump-start earnings further. Furthermore, in the year just ended REAT made a considerable investment in additional staff and overheads to achieve faster growth. Not only will this have dampened the numbers for last year, but it will benefit this year's numbers as the the new staff are now up to speed and more productive.
rivaldo
21/10/2020
12:51
Without knowing the relationship between costs and revenue, assuming a jump to 500K profit is just wishful thinking, especially as the movement from loss to profit ALWAYS looks impressive - for every company, everywhere, since time began. Anyway this year at 1.3p the p/e after year end will be about 30. Whether that’s cheap or fully priced is very difficult to assess, without a forecast. A forecast of 300K would bring the p/e down to 20. Perhaps thats more reasonable.
yump
21/10/2020
11:36
The business generated nearly £350,000 cash in second half alone on only £2.3m revenue >>>>>>>>>>>>> this is FANTASTIC for such a small micro cap. From todays TU ; Year of strong progress in which we saw accelerating organic growth The new financial year has started well with momentum continuing Core sectors of the business performed well alongside net new customer relationships that have evolved in areas of development such as education and residential care homes These are good pointers for the current year
zico01
21/10/2020
11:03
Investographer many thanks for the Allenby note rivaldo agree with your post above Also of note is revenue of £4.4m and cash £1.8m are subject to audit they could well be slightly better.
zico01
21/10/2020
10:34
A couple of additional points... - I note that today's RNS mentions specifically a couple of times that REAT have experienced increasing business with new customers in residential care homes. In the past it's not been possible to confirm that REAT covered care homes, and imo this could be a large source of new business given the pandemic and the need for cleanliness - the new/current year should benefit from both COVID-19 related new business and non-COVID workplaces and sectors returning to normality or nearer normality as the pandemic waxes and wanes and lockdowns reduce or are more targeted.
rivaldo
21/10/2020
10:14
Thought there would be a better market reaction tbh The CEO Shaun Doak & CFO Andrea Pankhurst need to dig into their pockets & make some maiden purchases now. Not having any skin in the game is poor & not a good look.
investographer
21/10/2020
09:25
http://www.allenbycapital.com/research/research-reat_6_2411331195.pdf
investographer
21/10/2020
08:38
Thanks Rivaldo for 1275 and the Allenby note. I was just going through their note from July. They had revenue at 4.3M and PBT at 152K. Going off their 34.9% gross margin I had worked out the PBT would be around 186K but the company does say they expect to exceed market expectation! So in excess of £180K PBT for this year and if you're correct 500K for next year. I guess that makes REAT a growing company!
ged5
21/10/2020
08:27
All sounds good rivaldo, future looks good cheers.
mickinvest
21/10/2020
08:21
Allenby have a new note out and have increased their forecasts accordingly. They now go for: EBITDA : £220k, up from a loss of £182k last year - a £402k turnaround PBT : £182k, up from a loss of £178k last year - a £360k turnaround Net cash : £1.8m Once again, it's likely that Allenby will have been guided conservatively, so I'd guess that the final EBITDA will be say £230k-£240k and PBT around £200k (no tax payable). REAT now have a £4.8m EV (m/cap less cash). For the current year a similar upswing would see PBT at well over £500k - an ex-cash P/E of under 10 and an extraordinarily cheap PEG. At only say £350k PBT the P/E would be just 13.7. And there's also the likelihood that REAT will make an earnings-enhancing acquisition from the cash pile to jump-start earnings further.
rivaldo
21/10/2020
08:11
So what are the expectations ? Usual question
yump
21/10/2020
07:04
Based on interim net profit full year could be at least £105k.
loftus16
21/10/2020
06:31
Excellent news today: - PBT ahead of expectations - net cash also ahead, at £1.8m against the £5.9m m/cap - revenues 42% up year on year to £4.4m (also ahead of expectations) - and "The new financial year has started well with momentum continuing" Lovely stuff.
rivaldo
21/10/2020
06:26
42 % organic growth is impressive - suggestions of a bolt on acquisition to increase this further? Profit ahead of expectations- great news Solid cash position Gla
andyview
21/10/2020
06:12
Pleasantly surprised by the TU.
1gw
21/10/2020
06:12
REACT has continued to make strong progress in the period, achieving 42% organic growth in revenue to approximately GBP4.4m* (12 months ended 30 September 2019: GBP3.1m).Growth in revenue was as the result of both strong underlying performance in the core business and demand driven by COVID-19 decontaminations. H ealthcare, rail, and facilities management sectors performed well, augmented by incremental business in other areas such as education and residential care homes.The Board expects profit before tax for the year ended 30(th) September 2020 to be ahead of market expectations driven by both COVID-19 related decontaminations and a number of non-COVID-19 related projects.The Company's financial position is robust and underlying cash generation remained strong during the year ended 30 September 2020. Net cash at 30(th) September 2020 was also ahead of market expectations at GBP1.8m*.REACT intends to publish its audited results for the year ended 30(th) September 2020 towards the end of January 2021.*Figures remain subject to audit
oapknob1
20/10/2020
15:28
Expecting to be pleasantly surprised when the results come out ...
superhoop2
20/10/2020
12:43
Good to see all buys going through today, took the opportunity of taking a few more myself too! gla
andyview
20/10/2020
12:27
Topping up? :-)) A couple more like that would be nice.
ged5
20/10/2020
11:14
Nice - 2.45m shares just bought at 1.2p (i.e almost £30,000's worth) and an immediate tick up.
rivaldo
20/10/2020
08:25
Agreed Ged5, last year's year end update was 24th October so this year's could be this week or perhaps next Monday morning. Nice 400,000 share buy at almost 1.2p to start this morning off.
rivaldo
19/10/2020
17:46
This is a weird paragraph: "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." Oh dear, so after all these years of investing I've got it wrong. Growth stocks aren't necessarily profitable. This must be part of the world 'reset'. Growth stock now means anything that grows revenue. Well some other investors can fund that, thank you very much.
yump
19/10/2020
14:53
They're no mates of mine but I took advantage of the drop and added a few. I reckon Thursday for results. just a guess judging by last year.
ged5
19/10/2020
14:14
Yippee....mates rates drop ?
ccr1958
Chat Pages: 77  76  75  74  73  72  71  70  69  68  67  66  Older
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