React Share Discussion Threads

[loftus16] 07/9/2016 09:05

No swearing if you don't mind. There'll be something before it freezes over :)

[blueblood] 07/9/2016 08:44

This is React with real business assets not Verdes so why the continued news blackout?

[nithbank] 02/9/2016 11:56

Some offloading today...no reason that I can see.

[nithbank] 31/8/2016 11:37

Er...very quiet on this board. Even a wholly ridiculous rumour would be welcome. Eg Radio programme on Japanese knotweed yesterday gives React potential to triple its turnover. ?

[jag63] 03/8/2016 11:29

Update coming in a couple of weeks I am told....business behind the scenes going well so let's see what's in the update.

[blueblood] 03/8/2016 07:59

Cmon must be some news to update shareholders with!

[andyview] 21/7/2016 14:28

Good to see a couple of buyers back here today, still confident in management that this will see good progression
Gla

[blueblood] 11/7/2016 11:27

Need some promotion about new contracts and business areas to get this moving. Never understood why it's so difficult to get more regular updates to market. Still acting like VMP with 3 or 4 RNSs per year and they had no business to update on!!!

[andyview] 11/7/2016 09:29

Didn't expect to see it down at these levels again, taken the opportunity to add a few more. Gla

[yump] 07/6/2016 15:01

I think the theory is that a share price needs to hold a 10% or more level above the previous consolidation for a few days, before it can be considered a breakout.

Although that depends on whose book or blog of self-fufilling mumbo-jumbo you read ;-)

[andyview] 07/6/2016 14:39

Is this considered break out territory ?

[loftus16] 07/6/2016 10:40

For the last year they were £146k.Now £50k p.a. as below:"10.2.3 Services AgreementOn 29 July 2015 REACT entered into a services agreement with Autoclenz Limited pursuant to which Autoclenz Limited agreed to provide REACT with office space, back office facilities and services (including personnel) in respect of REACT's business for a fee of £50,000 per annum. This agreement is subject to six months' notice by either party."

[loftus16] 07/6/2016 10:26

From memory the admission document contains a paragraph specifying back office/administration costs which will still be handled by Autoclenz. Circa £140/150k p.a. rings a bell but I'd need to check.

[yump] 07/6/2016 10:19

The reported pre-tax profit for React within Autoclenz was about 280K on 1.55mln turnover.

So if they just replicated that, it would give about 0.1p earnings ie. a p/e of about 15.

However, it looks as if turnover is going to be a fair bit higher than that.

On the other hand, its not yet known what level of overheads are going to be present. Within AutoClenz a proportion of overheads were apportioned to React.

My guess would be that with the group as it is the overheads will be significantly higher than within AutoClenz, simply because the admin. functions are now all stand-alone.

I guess it will be finals before we find out what the current share price represents as a rating. It will then also be a bit easier to see what level of turnover is required to grow React as a stand-alone profitable business.

[andyview] 07/6/2016 09:09

Very happy with update and progress and think we will look back at these levels as a very cheap entry level. Gla

[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