React Share Discussion Threads

[andyview] 12/11/2020 12:05

but good to see they are busy and winning new customers.

thanks all

[investographer] 12/11/2020 11:59

I reckon most of the contracts/ tenders are quite small & not worthy of an rns.

[zico01] 11/11/2020 18:31

The management have done a great job in turning this company around.They're gaining a lot of new customers in different sectors and winning lots of new business BUT they're not updating via RNS to help the share price.


Typical example take todays tweet ;


Hello and welcome to Wednesday, our recent followers
@FireAdmiral

@eclworld1

@yorkiejames

@_SC_Revolution

@NW365FM

@SupplyChainExp

@NCCEducation

@molrail

@SiddhashilaS

@TouchsafeStore

@bafn_uk

@IntegratedLogi5

@MealeyProjects

@fcbusiness

@blackpool_tv

I'm sure React has done some work recently for a few of these companies listed above.It's no good tweeting an RNS would help the share price and directors BUYING especially Shaun and Andrea will also help.

[superhoop2] 11/11/2020 17:03

Clearly a news driven share ... I'll top up if reaches 0.70 but certainly no need to panic.

[investographer] 11/11/2020 16:04

Now a sub penny share. Any chance of Directots buying any shares?The CEO Shaun Doake & CFO Andrea Pankhurst own zilch- that is very poor!Any updates/ contract wins?

[zico01] 10/11/2020 16:55

Shaun and Andrea you're not helping the share price. You both need to be BUYING the shares ASAP like tomorrow.

Share price is 50% below the placing this is clearly NOT good for share holders.

It's no good tweeting.

We need contract wins ,monthly updates , news on acquisition and directors BUYING all of these will help the share price considerably.

[ccr1958] 10/11/2020 15:11

This dog just gets better... Instead of tweeting how brilliant REAT is every day how about giving us a decent update . Oh and Shaun buying some stock might help.

[investographer] 10/11/2020 14:40

Let us talk more recent.Needs a 50 percent rise just to get back to the recent placing!

[nithbank] 10/11/2020 14:04

Er...still three times higher than a year ago!

[investographer] 10/11/2020 13:56

Nice one, I have been getting quite disillusioned of late. Can you see this unloved stock getting anywhere?

[andyview] 10/11/2020 13:38

The original thread for an original holder !

Added a few today...

gla

[zico01] 07/11/2020 22:38

cleaning/decontamination work will NOT be slowing down anytime soon.
more upgrades will follow after the finals in January.

worth reading again;


hxxps://www.verdict.co.uk/coronavirus-cleaning-react/

While REACT has seen a surge in business during the coronavirus outbreak, it has also seen a change in the types of companies that are using its service.

“We have always had a broad customer base due to the universal need for specialist cleaning, however we have seen a significant rise in demand across all active sectors following the outbreak,” says Doak.

“From judiciary transport to a military airbase, every operational, or soon to be, business needs to ensure their response to Covid-19 is as immediate and comprehensive as possible. They must ensure the safety of their staff and customers.”

[brownbear3] 07/11/2020 16:02

Same with Westminster group , although from what I can make out with them it's the chairman that's not liked.

[ged5] 05/11/2020 14:19

Incredibly quiet here at the moment!

Well who wants to invest in a growing company that's making a profit? Ridiculous idea! ;-)))

[zico01] 04/11/2020 23:01

btw i've got you on filter troll/yump


yump2 Nov '20 - 18:42 - 10 of 11 (Filtered)

[zico01] 04/11/2020 22:56

This is a prime example how React is gaining traction;


Comprehensive cleaning for an East Midlands institution

We’re proud of the specialist cleaning service we provide at a leading UK university based in the East Midlands. As part of the Russell Group of British research universities, it is among the top 100 ranked universities in the world. One particular area where the university ranks highly is in pharmacy and pharmacology. Keeping labs clean is therefore one of the university’s highest priorities.


Our initial involvement was to clear up after the closure of a travellers’ site on the edge of the university campus. Since then, we’ve established ourselves as a cleaning partner with the university. We have covered specialist cleaning for everything from student accommodation to canteen kitchens. We have cleared facilities of pigeon guano and installed bird-proofing devices to stop the problem from recurring. And we’re available for emergency cleaning in a crisis too, when handling a situation with sensitivity is the main concern.

[ged5] 04/11/2020 15:25

Some may remember that I asked about the changes in rail franchise before the recent trading update and how it may affect REAT. Because there was about to be an announcement Shaun chose not give an answer at that time.

I recently asked the question again and was a little surprised by the answer. I think in a good way. I say think because I thought I'd read everything on the website.

I've re-read the website but I'm still not clear that it states REAT works with some of the manufacturers or other intermediaries. Apparently only a small part of their work is with the train operating companies. So the change in franchise by the Government wouldn't really affect REAT's contracts. That was good news for me.

As per the many tweets it was reiterated that REAT are looking to grow their business in this sector, aiming to expand their relation with existing customers and marketing to and engaging with new customers all the time.

This all sounds good to me so thought I better share.

[1gw] 04/11/2020 11:12

The company was fairly clear why it was raising funds in the 3rd June RNS:

"The Company intends to use the net proceeds of the Placing of c.£1.16 million to:
- strengthen the Company's sales and marketing activities;
- support a growing contract pipeline and accelerate organic growth; and
- provide additional working capital and strengthen the Company's balance sheet to support the Company's aspiration to secure larger contracts."



I suspect that it was to some extent opportunistic: take advantage of the spike in the share price and investor enthusiasm to put the company on a more solid financial footing. Good for them - seems sensible to me.

So some of the funds are likely to be spent on sales and marketing (more staff, more publicity); some just required for working capital as the business grows; some required to pass financial strength tests in procurement processes for larger contracts. And some sitting there providing an option on acquisition opportunities should they spot a good one. In acquisitions, typically many are looked at and few pursued to the point of making an offer - and that's how it should be if the company has good processes in place to ensure money is not frittered away. Better to leave excess cash on the balance sheet waiting for the right opportunity than to blow it on a dodgy acquisition.

[rivaldo] 04/11/2020 09:39

Cheers Investographer, appreciated.

That's microcap investing for you! Patience is the key attribute....there's no point in being in microcaps without it if you want the big rewards which are possible.

What will propel the share price? The run-up to September's results, broker notes/upgrades, new contracts, press and media tips, AIM institutional investor interest....all the usual. I disagree about the PR. REAT have an extremely active Twitter and web site presence. I wouldn't want them to be spending/wasting precious funds on short-term PR just for the sake of it.

As for directors' share buying, the total directors' emoluments for last year were just £114k! I suspect these are not wealthy people - and the same probably goes for Sean Doak who only became CEO in late Feb'20 and is just 39 years old. I'm happy for incentives to be via long-term option/warrant packages.

[sikhthetech] 03/11/2020 20:23

It's possible they raised cash just for daily operations. Sp rose and they saw an opportunity for the placing.

[investographer] 03/11/2020 20:19

And why are they still sitting on the placing cash. They did not raise the cash for no reason. Need to announce an acquisition soon, along with the odd contract win, if they have gained any that is.

[yump] 03/11/2020 18:09

Well I guess we'll see won't we.

You and zico just make an assumption about earnings enhancing acquisitions.

If its an established business model for a few years, as IDEA was, then acquisitions make sense if they can find them. But this hasn't even got regular growth yet. There is a difference.

There is also a point at which acquisitions just grow the business, not the earnings growth rate. I believe IDEA reached that point a while ago.

Clearly having debt and not cash is a different case from sitting on cash, that's not really a valid point. To be fair the opposite point is often made about having great cash, after raising money, which is farcical.