http://www.rcg.tv

Very pretty PP as is the news this morning

1+ here we come ..... pleeaseee

Minor news really, cannot be anything special otherwise the directors would not have been allowed to buy yesterday.

Still, they are doing their best to pump the price back up, cannot fault them for that. Top of the trend line is 82p, will it test that in April and fall back, or will it not reach it and fall back in a couple of weeks ?

Alot is going to depend on the market.

It does look as though some of the Aim stocks I mentioned yesterday have found the bottom and are making moves northerly.

Its to be expected in April. Tax year end selling hits stocks in March, then in April they go up as people buy "bargains" and then they fall in May when "Sell in May" happens.

So some AIM stocks will do well in April, only to collapse again come May.

Don't totally agree with that.

Aim stocks have been hammered because of the credit crunch 'run to safety' attitude. I don't think in this bizarre market you can gauge against any previous year. Look what's just happened to Mna. Who knows what's going to happen. If you don't buy into the idea that most companies are going bankcrupt then I expect to see stock prices rise with the obvious pullback from time to time.

No sooner had I sold than it starts rocketing...?, I find there are certain stocks that no matter what you do...you just don't have any luck with them...RCG will be one of those for me.

Too true.

I could name many like that :-o

Comment to a post on AFN :

It is an interesting point, and I raised it earlier that somone should be asking what the terms are for the directors bonus scheme. EG, is part of it weighted towards earnings per share ? Underlying earnings etc.. ?

If with the R&D costs issue on the last results being put to intangibles, and with share buy backs being made that enhance the earnings per share figure at the expense of shareholders funds.........there must be a question of why there is an all out efforts to beat broker forecast EPS figures.

Perhaps there in lies an answer as to why the broker EPS forecasts are so "low". Perhaps these figures are the companies own "internal targets" upon which director bonus is based, and of course, beat those targets and qualify for extra big bonus. So the question remains for last year 2007 and for this year 2008, is any part of the director bonus weighted to "beating preset EPS figures" ??????????



marben100 - 29 Mar'08 - 18:15 - 16854 of 16861

Just got round to studying the annual report, received a few days ago. One thing I note: directors' remuneration increased from HK$13.3m in 2006 to HK$42.9m in 2007. Raymond Chu's package rose from HK$9.5m to HK$31.6m.

Now, whilst I don't begrudge decent salaries in the light of good business performance last year, 2m+ (+ HK$4m of shares) for the Chairman/CEO of a company this size does seem quite a lot. I presume most of it arises from bonuses, however, so as long as the performance continues I shan't object too much.

The directors announced the renewal of the share buy back progamme today yet recently announced a reduction in final dividend to conserve cash for future acquisitions. The directors seem confused and short of cash.

Stolen from my friend donaferentes on another site:-

Very happy with today's bullish stance from Chu, believe the ML forced selling theory, believe resolution of the Wang estate would be most helpful, whatever promises made about not selling by Chan etc.

One small niggle - the share buy back, out of funds raised only last year. I am no expert, not even in nursery, but what evidence is there that share buy backs support the SP at all significantly?

I'd rather see the cash used either for a growing dividend policy - always supports the SP over time (v. long term Barclays Capital says dividends are 75% of total return on investment), or earnings enhancing acquisitions.

We want the management to invest our funds profitably, not give it back to us with no added value.

I see this currently as a long term pension hold, come rain or shine short term.

You make a reasonable point but following recent transaction in their own shares the SP has risen - made me 20% in past month - imagine how much Chu and his mates had added to their pile even on their puchases on 27 Mar. Good luck to you all indications on this one reflects that the shares are too cheap and should be around 120p

I cannot believe this...I must have sold at the worst possible time....blast it !

RCG bought 25000 of their own shares yesterday, with 232 million shares issued who are they trying to impress?!

me?

Olympic Contract for RCG


According to the news published on the Chinese RFID website on 9 April 2008,
http://news.rfid360.cn/200804/7320.html

RCG has just been awarded a two-year wireless LAN contracts to provide the wireless data services for the venues of Beijing Olympic Games.

http://www.rcg.tv/html/eng/industry_technology/news/rfid_news/2008_details_38.jsp

Comment from ADVFN after posters got tired and sick of "PapalPower" negativiness at the stock lately .........


Wandering how "PapalPower" was promoted to, from "Fartpower" to the present nickname? all to do will "baked beans"

Has keeped clear of this thread this afternoon after the BREAKOUT, may aswell stayed at his FARTING thread

Breakout this afternoon from the latest high recently on the bounce from lows.

Still like to see us clear 80p to decisively break the massive March 2007 downtrend. Reckon it's coming soon?