http://www.rcg.tv

Good results... market drop, will never fully understand this market, slight drop in dividend, but acquisitions on the way...!

Shareholders expect to share in the profits ,reduction in dividend very negative move suggests cash problems. Overhang of shares following death of Madam Wang not resolved. Further acquisitions may place more stress on cash resources in the short term.imho.

Euhhh, you could be right halifax, Kyoto says the market cap is 190 million, with the profits made and one or two possible acquisitions to be made on the agenda, this could still be undervalued, this does seem to be a good company though, those shareholders like myself will need a little more patience I presume !

Further to my previous post, I hope that there will not be a fund raising exercise coming !

Might prove difficult to raise funds in this market as their last placing was if I remember correctly done at a much higher level than the present sp.

Well, didn't make much on that short, the question remains now, with tax year end selling and a boring bad summer ahead, will it just trickle down now given no major news ahead ?

Cash, I look at it this way, they start 2007 with 20.8m in the bank.

They raised by new shares 43.4m


After all was said and done, with their business for the year, they ended up with 41.8m in the bank.

So cash at start, + business operation, + cash from shares = just +23.4m

And new shares = 43.4m, so did they spend lots of cash.........looks like it.

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Tax = Look at the tax paid (bugger all), lots of tax avoidance gone on there to bump up the EPS figure, imagine if these results were subject to 25% tax rates, EPS would be near 25% lower. They managed to get away with tax this year, will they next ? and what about 2009, and 2010 ?

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Can't be bothered to go into too much detail, most peeved actually we did not get any bigger spike to short - but there you go, this is life.

Well, the company thinks cash is an issue and CUTS the dividend to preserve cash, PI's think its no problem, the broker is spouting about increases in cash ahead, even when they know that acquisitons are very likely.

Does tend to say lots of people have not got a clue whats going on, so who is right and who is wrong ? I would guess the company are correct and thats why the cut the dividend, for if they do not know what their plans are going forward, well, God help RCG shareholders.

Might all be part of the game imo, take this action now, prepare shareholders for "tight cash" - spend lots on acquisitions, and then make a cash call (as I have been saying for a long time, and now "marben100" seems to think might happen too).

Anyone considered they might "spend through acquisition" their way to being tight on cash as a potential scenario, and then ask the HK buddies for some more money, for some cheap shares...... ;)

I'd have a good guess as my own opinion that if a placing does come in the coming 8 to 18 months, its will be mostly funded by HK cash.......again, and this would leave the company basically back under the control of a few HK people with all those extra shares sloshing around, and they could then take it private very cheaply, and then list it somewhere else for massive profits - thanks AIM - served your purpose..........kind of thing.

Thanks PP. It's all looking too messy and I've not come back into this, and probably won't do so again.

Outlook not so bright for techy gadgets in the region, and in China...... ?


http://www.forbes.com/home/columnists/global/2008/0324/030.html

..............
Just take a look at recent reports by Japan Inc.s big exporters. Canon, the worlds biggest digital camera maker, warned that earnings this year will fall short of market expectations. Sonys 5% operating margin goal was also recently revised downward. So what does all this mean for investors in the Asia-Pacific region?

First, avoid the large exporters of consumer products such as the already mentioned Sony and Canon, which are being squeezed by lower global demand and higher input and component prices. A stronger yen has not helped either..................

PP best ignored - EK lackey but a great contrarian indicator.

Best ignored unless you want to lose your shirt!!

On Line Limits :

BUY 100K @ 58.93p

SELL 2.5K @ 57.5p (Down from 50K this morning)



Its so cheap and such a bargain someone is willing to sell you 100K at under the offer price.......yeah.....bargain....what do they know ??

Looking extremely weak now............down to just 2.5K for sell volume on line.

Perhaps those director sells at circa 130p levels were very well timed, perhaps they had a crystal ball to the future..........

They always say don't they, if the directors sell, sell too..............advice that should have been noted here perhaps. Bought at 10p sold straight into the placing for big profits........wonder why if the future was so bright ?????


http://www.investegate.co.uk/Article.aspx?id=200703300701420471U

Director/Senior Exercise price No. of options exercised and sold

Raymond Chu 10p 2,350,000
Anita Chau 10p 1,000,000
Lawrence Ying 10p 360,000
Maggie Tam 10p 360,000



On Line Limits falling down yet more :

BUY 100K @ 56p

SELL 2.5K @ 55p

PP posts with manaical zeal on at least 2 boards, one of which seriously regards him as a pest.

A pest ?

Well, a pest whose called these Chinese related stocks completely correct and down.........

LOL.

Looking very weak :


On Line Limits now :

BUY 100K @ 50.2p

SELL 2.5K @ 49p

Your bosses will be buying in soon and you will have to move on to get your beer money.

sorry pp but can't let you get away with the rubbish that emanates from you. All aim and small stocks, not just this one, are being hammered th' margin calls and general panic most of which bears little resemblance to what is going on at the company. If you look at the greaest % loses today on 'market scan' you'll see what I mean. This is not an RCG problem alone. When all this is over a few companies may inded go bankcrupt but most will survive and when we enter a bull phase again, you like everybody else will be buying in pushing the share price into the sky.

ps sorry about the spelling, my hands are shaking too much thr' market fear lol

PP I am worried about your state of mind. Over on a rival site you make over 200 posts a day, host 90 threads and regularly post on 5 different sites. You have set up duplicate threads for Chinese stocks, wiped many of your own posts (to eradicate any possiblility of criticism)and constantly change your mind. This behaviour would seem to be obsessional, manic and delusional. Not to mention the fact that you need to get a life.