This is a HK based company currently at 35p to buy
they are a leading international provider of
biometrics and RFID (Radio Frequency Identification) products and solutions
across a wide range of security applications.

With countries moving into biometric passports etc this market is in growing demand.

the company reported a 107% increase in profits last year,
Sales - 45.02 mln hkd vs 32.84 mln
Pretax profit - 32.22 mln hkd vs 17.91 mln
EPS - 0.33 hkd vs 0.16
Final div - 0.09 hkd

This is probably the only AIM listed company paying a dividend
They have just entered europe and china.

target price for this share is 1.50 within 12 months, short term target 45p

they are listed on the AIM

worth looking into

Good luck

Blackbelt I agree with you, I guess most countries would adopt this technology in the coming year('s) for passports, ID cards etc.. Being one of the few companies in the market, these guys stand a decent shot at landing atleast 1 government contract.

Definately the global roll-out should provide massive revenue streams from a number of quarters, the Government has security high on its agenda ive been looking for a company like this to invest and am grateful for this thread eluding to this little gem........

up again today, guess it may test 45 today or tomorrow

I think another 10p to come. I'll sell at around 55p. Then buy in again on any drop.

If it breaks 45 its sure to plough on with TA.....Im hoping for a write up in Shares or IC help put this on the map a bit more.

my short term sell target = 65 and like regandjess will buy back for next rally to 1.50. i think the day traders and premium members here on moneyam and advfn would have started to note this share already since it may have already hit the constant gainers list. In which case we can see more buys.

Its moving along nicely now, would be nice to finish strongly holding on to a new high

WAs tipped this by friend in city house at 30p he seems to think 150% realistic target price especially with the chinese olympics coming up.And the amount of security from terrorism these days,i can only see an upside as they already pay a dividend.And as you see the company is in my view undervalued especially for the pottetinal of being one of the leadind providers in its product,and have just expanded into europe.

Some heavy trading today mostly buys over 200,000 price is ticked down to clear the overhang of stock due to the small cash call needed for expansion.

Ive just topped up this morning so I can capitalise on the next run up. Once the new shares are absorbed this is gonna fly IMHO.

Heavy buying again....this is about to start to motoring very soon!

I've just nipped off to do some research in this company and come back to find that half the posts have vanished including a very good report about chinese prospects re Bejing games, passports etc. Some of the posts I read were wrong re price it's 32.5 today and I wouldn't have said the buying's all that great (moneyam figures) but it does sound like an interesting company. More info please.

Hi angi, theres another tread that with the same epic for this try that one.

Im diggin up a wee bit on this one so will post what i find.

Its ticked up this morning on small buying so it looks as if all the stock is cleared and the share price can start to gather momentum. DYOR

Nice bit of news that could prove highly lucrative.

RC Group Holdings Limited that certain of its patent applications have been accepted by China.

The biometrics company said the applications relate to hardware products and proprietary IP technology for producing a long distance RFID sensor device and wireless RFID signal receiving sensor device.

The applications have been accepted in accordance with Article 28 of the Patent Law and Article 39 and 40 of the Implementing Regulations of the Patent Law.

Raymond Chu, CEO of RCG, commented: "The acceptance of the patent applications is a key milestone in the continuing development and commercialization of the Group's RFID technology.

"With so many potential applications particularly in the field of security tagging and tracking, we believe that RFID will supersede bar coding within the next few years. RC Group is now in an even stronger position to take advantage of this fast developing market."

It has been rather quiet on here for a while........

More patents were passed by the Chinese Government puting the company in prime position to get massive contracts before the Bejing Olympics. Security is a top issue now more than ever, its worth keeping a keen eye on this one.

Theres also been a secret investor taking over 5million shares off the major shareholder Off shore Group Holdings......

LONDON (AFX) - RC Group Holdings PLC said that its major shareholder The Offshore Group Holdings Ltd has disposed of 5 mln shares in the company to investors in Asia-Pacific.

Offshore Group retains an interest in 67 mln shares, or 63.02 pct of RC's share capital.

What does people think about the offshore group selling a stake?

Really heavy buying yesterday and the price ticked down slightly, its quite frustrating

Nice tick up this morning, the chart shows a familar pattern looks like it may shoot up again soon IMO! Higher lows each time fingers crossed we are in for a run

Just I thought this one is off again hopefully to test the recent highs it set. Glad I topped up on this one at the bottom

RC Group completes new security and surveillance product

AFX UK Focus

LONDON (AFX) - RC Group (Holdings) Limited has completed the development of its new Automatic SecuGate Inspection System which provides identification capabilities to international entry and exit inspection points.

The ASI system combines biometric identification technologies which include fingerprint, finger/palm vein and iris recognition with radio frequency ID technologies to enabling security services to identify, monitor and track individuals in and around secured areas.

RC said the system has been initially developed to provide a comprehensive security product for partners who are currently submitting tenders for the security contracts for the 2008 Beijing Olympic Games.

Dr. Raymond Chu, CEO of RCG, commented:

"The successful completion of the development of the ASI system is a further
demonstration of our commitment and capability to research and develop
cutting-edge technologies for the security industry. This latest system has the
capability to combine both biometric identification and RFID technologies and
firmly places the Group's products at the forefront of the security solutions
market. The international security markets are persistently faced with growing
security demands and it is our intention to research, develop and supply
technologies to support the efforts of the security services."

Sounds extremely exciting

You got to be shitting me! all 375k buys and no tick up in the price