This has been a bad share tip and for that we apologise again. We share your pain as long suffering shareholders. But at least we have news of another contract win.
React (REAT) has announced what it terms a major contract win. Actually it is a new additional contract with a London hospital it already serves. The deep cleaning contract is worth £206,000 in sales over 18 months.
There's been an accelerated bookbuild which has seen Adam Reynolds and a number of close allies place out all their stock in React PLC (REAT). The shares we own were not placed out. We will only sell after advising you to do so.
A little bird emailed me with some interesting questions about AIM-listed React Group (REAT) and its new(ish) FD. In the light of the HotStockRockets update at the weekend (see HERE), where questions over the management’s ability to get their sums right were asked in the wake of a revised (downwards) trading statement, it seems that the FD has a few questions to answer – and I have some more.
React (REAT) has updated on results for the year to 30th September in a way that shows that its management are not fit to run a public lavatory let alone a public company.
React Group (REAT) admitted last week that it would miss forecasts for the year to 30th September. It states that the unaudited numbers show revenue of around £2.65 million and a pre-tax loss of around £400,000.
In this video from the storming success that was the 2017 UK Investor Show, Grahame Rummery, CEO of React Group (REAT), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
We had already been warned that React Group (REAT) had faced one or two issues in the last financial year notably the dismal performance of the EPUK Unit. Thus results a week or so ago were not good but that should have been expected.
REACT (REAT) served up a ghastly trading statement just before Christmas, but in marking the shares down to 0.7p ( market cap £2 million) traders over-reacted.
Specialist cleaning and decontamination group REACT (REAT) has announced results for its half year ended 31st March 2016 and that “since the period end the group has traded well”.
As we follow Adam Reynolds we have shares in React Group (REAT). Here is its boss Martin Gannon presenting at UK Investor Show. Enjoy.
REACT Group (REAT) has announced a third small acquisition since listing in August – believing this latest move further “will help us to win substantial amounts of new business from various ‘Blue Chip’ facilities management groups”.
REACT Group (REAT), the specialist provider of rapid response deep cleaning and emergency decontamination services, has announced results and that “since the year end the company has traded very well” and “opportunities to acquire niche businesses that add a further offering to our ever expanding client base”.
Having, since August AIM admission, looked at “a number” of potential bolt-on acquisitions to broaden its product offering, REACT Group (REAT) has announced “the expansion of its service offerings into Licensed Asbestos Removal and Occupational Hygiene Services”.
