Member Info for Maplinman

What did Shaun say?

This is worth a read. It explains how REACT carries out deep cleaning for a major London hospital: https://www.reactsc.co.uk/post/case-study-how-a-major-london-hospital-meets-its-strategic-cleaning-plan-with-react

I know that REACT has worked with Network Rail: https://www.reactsc.co.uk/trains-and-trackside-cleaning

https://www.birminghammail.co.uk/news/midlands-news/trains-buses-being-deep-cleaned-17909672

Maybe some people who bought this as a punt are panicking. I can't see this doing badly over a month or two. Gonna be a helluva clean up job needed over the next 3-6 months. Aside from that other work will grow profitably, I'm sure. Investors too jittery to hold their nerve at the mo -- and who can blame them.

As predicted, schools in Scotland and Wales closing from Friday according to BBC. England + NI will surely follow. This will mean the mother of all deep cleans for industry and REAT should benefit.

Many parents keeping children off school now and they are expected to close early for Easter: https://www.express.co.uk/news/uk/1256678/school-closures-uk-coronavirus-easter-holidays-news-latest-update

Here's a map of where the confirmed Covid-19 cases are across the UK: https://www.theguardian.com/world/2020/mar/17/coronavirus-uk-cases-how-many-are-in-your-area

Admittedly, it is an underestimate. However, decent size businesses, schools, NHS facilities and councils presumably will need professional deep cleaners. React are nationwide so they must be able to pick and choose their jobs to increase margins.

Lack of news flow from the company is definitely hampering the rise here but I don't think they are particularly bothered about the share price at the moment. The focus seems to be on just growing revenues with good profit margins, which isn't a bad thing. Earnings growth will push this steadily higher.

You are right, by Jove!

I don't understand why but a lot of trades aren't showing up on LSE. I was comparing it with Morningstar during trading hours:
https://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=0&vw=st&SecurityToken=0P00007WQ6%5D3%5D0%5DE0WWE%24%24ALL&Id=0P00007WQ6&ClientFund=0&CurrencyId=BAS

This is hot news from The Guardian: "Two large secondary schools in the Wiltshire town of Chippenham with more than 3,000 children between them have closed because of coronavirus.

Both Hardenhuish and Sheldon schools announced on Tuesday that they would remain shut until further notice. The headteacher of Hardenhuish, Lisa Perry, explained that, following the government’s advice on self-isolation and social distancing, the school had been left with “significant” staff shortages."

It is happening more and more. No way Government can keep schools open in a democracy.

Could you explain that in plain English, please?

Scots closing schools for deep cleans according to BBC: https://www.bbc.co.uk/news/uk-scotland-51904721

Seems inevitable rest of UK follows suit very soon: https://www.theguardian.com/education/2020/mar/17/schools-across-england-struggle-as-coronavirus-hits-attendance

I have no idea. What is NT?

Apparently, they have lots of enquiries for work. Markets are volatile at the moment but this has legs, I'm sure. Even took Byotrol a few weeks to get really going. 'Deep cleaning' and 'Coronavirus' were made for each other. For the patient there is a chance to slowly build a position here and enjoy a bounce followed by a proper re-rate.

I know traders are buying in but that just adds to the volatility, as they sell for only a quick profit. Look beyond it and you'll see a business that is solidly backed by Helium.

REACT boast of doing deep cleans for a uni on their website. Just look at the work they do for NHS: https://www.reactsc.co.uk/hospital-clinical-hygiene

Just been told by a neighbour that all universities are shut now. Her boy has been sent home.

All these schools, universities, GPs, pubs, theatres, restaurants etc will require deep cleaning. Who you gonna call? Coronabusters like REAT.

Cure for coronavirus 'imminent' says guy from Oz. Not sure I'm willing to put money on that....once bitten, twice shy and all that.

Was a completely different business then, so not applicable. Still, this should double from here. Work for them is surely piling up.

This site hasn't updated prices or trades for REAT since before lunch. Looks like UK schools will be closing very soon. That is a pain for most but an opportunity for REAT as there will be months of premium coronavirus school deep cleans to be done. Govt hasn't released latest infection figures till markets close -- but we all know the direction of travel.

Something wrong with LSE price. Rise seems to have broken its system.

According to Zak Mir this should be heading up to 1.2p-1.3p. I don't understand technicals but looking good on fundamentals.

There is huge demand for hand sanitisers and I've been using its foam handgel for 8 years! It is the business. Still, it has been out of stock in Boots for weeks now.