React Share Discussion Threads

[yump] 06/6/2016 12:32

Monthly run rate looks lower for the 6 months to March, than for the period up to Sept '15, but annual total looks like it will be signficantly higher than for the previous year for the React business. Previous year 1.55mln, done 1.1mln already.

Perhaps its a bit quieter over the winter period - less going on generally ?

[nithbank] 06/6/2016 08:42

Positive report- lots to build upon. I remain very optimistic for this company.

[skinny] 06/6/2016 07:47

REACT Group plc (AIM: REAT), the specialist provider of rapid response deep cleaning and emergency decontamination services, announces its interim financial results for the six months ended 31 March 2016.

Financial Highlights
· Turnover for the period of £1.18m
· Gross profit for the period of £0.5m
· EBITDA for the period £0.06m
· Cash position remains strong with £1.4m

Operational Highlights
· Two new wholly owned subsidiaries created
· Full Asbestos Removal Licence granted
· New client business gained

Post Period End
· Acquisition of EPUK subsidiary

Grahame Rummery, Chief Executive of REACT Group plc, commented: "Our trading outlook is strong, and we are very pleased with the two new subsidiaries created during the period and the acquisition of EPUK after the period end. As a Board we remain confident that that the management are well positioned to grow the business organically. "

[andyview] 03/6/2016 11:09

Actually extremely narrow spread for this stock, 1.6055-1.6245. Not sure I've seen it that tight before...
Gla

[andyview] 03/6/2016 11:04

I hope so, I've added a few more today at 1.62, showing as the last trade but a sell!

[blueblood] 03/6/2016 08:55

Interims this month should be good

[andyview] 03/6/2016 08:31

Is there news expected? I've tried to add but no firm offers available at market price ....

[blueblood] 03/6/2016 08:28

AGM Monday

[andyview] 03/6/2016 08:20

A little bit of interest this morning and looking strong. Gla

[blueblood] 31/5/2016 11:00

Disappointing we haven't had trading update for half year to 31st March yet. Maybe get some news from next weeks AGM.

[andyview] 25/5/2016 12:17

Not going but would be good to get feedback if anybody is.

[blueblood] 25/5/2016 07:29

Anybody going to AGM on 6th June?

[andyview] 23/5/2016 09:36

We have seen a few chunky buys going through and the fall back in price becoming less. I expect this to be testing resistant levels soon and breaking through! IMHO

[andyview] 19/5/2016 14:56

Added at theses levels again.
Gla

[chrisstanding] 18/5/2016 14:50

Video of Martin Gannon of React at UK Investor Show - an Adam Reynolds stock

[blueblood] 12/5/2016 15:24

Thanks Loftus sounds very promising. Just need to see some updated figures now.

[loftus16] 11/5/2016 13:58

Adam Reynolds recently:https://youtu.be/895tZ-y5AkE?t=21m50s

[slingerman] 28/4/2016 18:31

Guys knotweed is a regulation of law and if on your land ie network rail, council, canal or building site they are required to prevent it from invading adjoining properties by law. You can NOT ... cut it down, be burried, transported, burnt or sprayed without a licence. Big fines.The norm to treatment is a THREE year programme but it is not guaranteed.Network rail, canal council, and local councils are now going through registered contractors for spaying or introducing a parasite of knotweed.

[andyview] 27/4/2016 12:44

Just checked in for the day and pleased to see progress, just the start imho

[blueblood] 27/4/2016 12:27

More like it can we crack this 1.7p glass ceiling this time?

[andyview] 26/4/2016 14:57

I've added a few more today, the story here looks promising imho

[nithbank] 26/4/2016 09:34

Logical acquisition. Not a lot of cash but adds to the portfolio of services. I have a good feeling about this company - even though I'm nursing a heavy loss atm!!

[andyview] 26/4/2016 08:19

Looks a promising acquisition in a new field, positive signs and double digit growth..

[yump] 26/4/2016 07:44

Although it doesn't sound much, Japanese knotweed is a growing problem afaik.

Presumably facilities management companies need a mix of clearing requirements and that will be one of them. I wonder if they are aiming at housebuilding / brownfield site problems as well as the ones already listed. You quite often hear about stuff being discovered underneath a potential site.

Looks like its all part of making sure there is a complete offering.