LONDON (ShareCast) - (Sharecast News) - The Financial Mail on Sunday's Midas column sounded an upbeat note on shares of React, the cleaning specialist.
According to Midas, the shares "should go far under turnaround veteran Mark Braund".

The company specialised in dealing with extreme situations, such as cleaning up after accidents, dealing with sewage escapes after towns are flooded or with hazardous chemicals.

Braund began advising React in 2019, when its shares were changing hands on less than 0.5p. He went on to be named chairman in 2020.

Since then Braund had overseen the acquisition of two businesses with significant recurring revenues.

React's latest full-year results were impressive too, with sales up by nearly half and profits more than doubling, Midas noted.

Furthermore, Braund's aim was to more than double profits over the next three to five years with profits increasing alongside.

"React Group is a small business in a big market so there is plenty of room to grow," Midas added.

"Braund and his team have shown they can deliver results, they have attracted support from large investors and the shares, at 1.25p, should prove rewarding."

The Sunday Times's Lucy Tobin told readers to buy shares of DiscoverIE, labelling the electronic components manufacturer as a "future-proofed sweet spot".

Tobin said that the company was set to benefit from the long-term shift towards automation, the dominance of renewable energy and the increased use of artificial intelligence by the healthcare sector.

"Use this short-term share price wobble to buy DiscoverIE;" she said.

The tipster also noted Berenberg analysts' positive views on the outfit's M&A strategy, saying that it had been stellar, in so far as it had given it a footprint in the niche market for electronic components which was still exceedingly fragmented.

DiscoverIE's forward price-to-earnings multiple of 16 was also well below its historic average of around 24, she observed.

Nonetheless, she conceded that the company's sales looked set to remain subdued "for a spell", given that the order book provided only five months' visibility.

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