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Interims 15th Jan, bought this morning 30k @ 32.5p bit annoyed does not show on my system, been in a few times before and they have clicked up prior to results.
Probably due to scarce news flow thoughout the year,

The main thing for RCG is the Hong Kong listing.

This will bring a whole new drive in terms of buying power, and it is not controlled therefore by AIM demand, but by Hang Seng demand.

This is a well known brand in HK, and a well known company, and currently trades at a MASSIVE discount to similar companies on the Hang Seng.

Potential therefore to rise very high if the Honkies start buying RCG when it joins the Hang Seng.

I have a decent holding at average circa 32p. What happens next is anyones guess but a few Honkie friends say this one might go through the crazy IPO price rises of previous stocks on the Hang Seng.

Given the Hong Kong connections in management, this could be a serial multi bagger once the Hang Seng listing is live.

Well, I would imagine they are going to be affected by the global slow down, no getting away from it, but its just too oversold now IMO.

They have cash, and this stock on the Hang Seng would be trading so much higher, perhaps 6 times higher than the AIM price.

Therefore, all you can do for now is happily tuck them away and wait for the Hang Send listing to be the catalyst for a retaing IMO.

A large sell occured on the 31st, seemed to be a final "dump" - perhaps it was the last of the sellers holdings ?

Certainly more lively today, up nearly 10% and looking, so far, fairly strong for the new year.

Perhaps it was part of Madam Wang's (deceased) large shareholding? Is that the reason for the IPO?

Nina Wangs holding is locked away and not able to be traded. The IPO is because AIM is not a market that is valuing RCG fairly, and lots of Chinese/Hong Kong investors are unwilling to buy this share as its on AIM in the UK.

Once it is on Hang Seng as well, in Hong Kong, trading in an easy to access and watch place, it will bring a masses more investors, and lead to a more "reasonable" valuation.......which may be multiples of the present price. It not an IPO, its purely an introduction, but means it will be then dual listed, Hang Seng and AIM.

I put a comment on this thread over at TMF, you will see it as you move down through the replies.

http://boards.fool.co.uk/Message.asp?mid=11380292&sort=whole


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Write up of RCG over on TMF :

http://boards.fool.co.uk/Message.asp?mid=11382830


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Some RFID/Biometrics news from RCG :

http://www.rcg.tv/html/eng/about/newsroom/industry_news/rfid_news/2009_details_3.jsp

RFID for vehicle recharging stations
5 Jan 2009

A start-up company in California has recently introduced a network of vehicle electronic recharging stations within the region. Batteries of specific vehicles can be recharged in the stations when drivers are away from home garages. RFID cards are used in money rechargeable cards in the form of pay-as-you-go and monthly unlimited access subscriptions. Data transfer between the RFID card and the reader is encrypted to ensure data security during the transfer.

Vehicles will be parked at specific locations, where drivers hold their high-frequency RFID cards to the kiosks with the embedded RFID interrogators. Information collected will be transferred through GPRS to a centralized server which verifies the card information, and an authorization packet will be sent back for initiating charges. According to statistics, 20% of cars in the United States will be electric by 2012, representing a market potential for the widespread growth of the technology. Approximately 8 million charging states may be deployed by the company which uses RFID as means for secure payment.

Source: rfidjournal; RFID Is the Key to Electric Vehicle Recharging Stations (Nov 21st, 2008)

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http://www.rcg.tv/html/eng/about/newsroom/industry_news/rfid_news/2009_details_2.jsp

World's smallest active RFID tag announced in India
5 Jan 2009

According to a recent announcement, a company based in India has recently introduced an active RFID tag which claimed to be the smallest in the world at the moment after 18 months of research and development. It can be used for asset tagging including notebooks, servers and vehicles in industries including healthcare, manufacturing and IT etc.

Active RFID tags include an embedded battery for powering up signal transmission through the antenna, which is one of the barriers to developing smaller tags. The newly introduced tag has a reading range of 20 meters, with dimensions of 26 x 23 x 7.3 mm which is believed to be the smallest among the tags in the market. The active RFID tag has been deployed at a telecom company in India for asset management.

Source: RFIDnews; Indian Company claims 'world's smallest' active RFID tag (Nov 24th, 2008)

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http://www.rcg.tv/html/eng/about/newsroom/industry_news/biometrics/2009_details_3.jsp

Biometrics passport facility built in Malta
5 Jan 2009

According to a recent announcement, a factory facility has been purposely built for research, development and production of biometrics passport located in Malta. The factory was said to be the first site in the world for manufacturing biometrics / e-passports required by many countries for enhanced border security.

The facility occupied 2,600 square meters and has a capacity of producing 2 million biometrics passports annually, which could be expandable. The factory, which costs at EUR 6 million, is capable of manufacturing biometrics passport, which contains embedded chip storing digitalized facial image or fingerprint images for authenticating travellers and visitors.

Source: findbiometrics; World's first purpose-built 'epassport' factory opens in Malta (26th November, 2008)

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http://www.rcg.tv/html/eng/about/newsroom/industry_news/biometrics/2009_details_2.jsp

UK consumers preferred biometrics
5 Jan 2009

According to a recent research project on consumer's security concerns, consumers in the United Kingdom preferred biometrics and are most well-adapted to the technology throughout Europe. Statistics showed 75% of the UK consumers accept fingerprint as means for identity verification in banks and government agencies, compared to 63% in Italy, 62% in Germany and 59% in France.

The area receiving most concerns from the UK consumers was financial security, such as misuse of credit and debit cards - has been increasing throughout the last six months. In terms of iris recognition, 74% of the UK consumers were prepared of such means of verification, compared to 72% in the Netherlands, 48% in Germany and 45% in France. The survey showed a general preference of UK citizens towards biometrics technology compared to other parts of Europe, and the increasing concerns of identity theft and border security within the region.

Source: findbiometrics; Brits ready for biometrics to tackle ID fraud (November 25th, 2008)

Trading statement overdue?

Nothing can be released while the Hang Seng listing application consideration is in process.

A poster on another board has just been in contact with the CFO and asked some questions, here are the questions and replies :


Q*The RNS issued in November 2008 mentioned the listing may occur at the end of 2008 or first quarter 2009. Does the company still expect the listing to occur in this time frame?

The HK listing exercise is currently in progress and if it happens, it is expected to be in the 1st Quarter of 2009.

Q*Does the company intend to remain listed on the AIM market or perhaps gain a full London Stock Exchange listing?

Yes. RCG will be dual listed on both AIM and SEHK.

Q*January trading updates have been forthcoming during each year. Does the proposed HKex listing preclude the company from delivering such an update?

Due to the on-going listing exercise in HK, we are not expected to make any further statement other than what have already been made public to the market.

Proselenes Emailed the CFO and just received the same reply of HK listing 1st 1/4 09 from CFO

Comment from Chartist "Zak Mir" over at SC.


Zak Mir Reged: 28/06/07
Posts: 559

Re: RC Group (RCG) [Re: Proselenes]
#437178 - 09/01/09 09:12 AM

Technically, we need to see a weekly close above 2 month resistance at 39p - something which now does not look to be too difficult. The target would then be the 200 day moving average at 57p.

Absence of trading update makes it very difficult to assess the impact of the global recession on RCG's business.

From a poster on a different BB :



Q&A with CFO of RCG.

1. Has RCG received clearance from the listing body to list on the HKEx ?

The HK listing exercise is currently in progress.

2. Are RCG still planning to list on the HKEx ?

Yes. The plan is on-going.

3. Has a listing date been set yet?

We are expecting 1Q09.

4. Do you prefer to list before, at the same time, or after the announcement of the annual results?

The timing is not entirely within our control.

5. Once a listing date has been set, how far in advance do you plan to inform the markets?

Once a date has been firmed, well notify the market immediately.

6. Will RCG, or RCG's largest shareholders, be making any shares available as part of the listing process?

Unable to comment at this moment.

7. I have read the last announcement that trading is in line with market expectations. Would i be correct in summarising the market expectations as eps of 18-19p for 2008?

Market expectation is for a FY08 Turnover of round and about GBP132m*

* 43% revenue growth between 2007 and 2008

pp surprised you are still ramping RCG when your other blogs are so derrogatry towards chinese companies. When RCG has enough cash to pay shareholders a decent dividend then their shares may be worth something.

RCG is a great Malaysian company. Most of their business is Middle East / South East Asia.

Chinese exposure is small, but building now.

Cash, RCG have plenty of that, did you not read the interims ? However, they are a growing business and so will divert cash into growth.

Dividends are only required when the "growth stops" and you have nothing better to do with the cash.

RCG do pay a small Dividend, and put the rest of the cash to work growing the business.

Some Biometrics/RFID news updates on the RCG site :

http://www.rcg.tv/html/eng/about/newsroom/industry_news/biometrics/2009_details_5.jsp

Biometrics ID cards issued in Morocco
13 January 2009, 23:00:00
According to an announcement by the North African government,............


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http://www.rcg.tv/html/eng/about/newsroom/industry_news/biometrics/2009_details_4.jsp

UAE deploying biometrics to eliminate fraud
13 January 2009, 23:00:00
According to the UAE Ministry of Interior, an agreement has been reached with the UAE Central Bank and other banks.........

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http://www.rcg.tv/html/eng/about/newsroom/industry_news/rfid_news/2009_details_6.jsp

RFID for vehicle recharging stations
13 January 2009, 23:00:00
A cosmetics company has recently deployed RFID-enabled technology ........

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http://www.rcg.tv/html/eng/about/newsroom/industry_news/rfid_news/2009_details_4.jsp

Belgian hospitals adopting RFID
13 January 2009, 23:00:00
Two Belgian hospitals (St. Trudo and Jan Yperman) have recently adopted ........

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