PapalPower
- 03 Jun 2006 02:27
whatuwant
- 18 Aug 2006 08:09
- 24 of 295
RC Group (Holdings) Limited
18 August 2006
RC GROUP (HOLDINGS) LIMITED
('RCG' or 'the Group')
RCG ENTERS MAINLAND CHINA THROUGH AN EXCLUSIVE AGREEMENT WITH CHINA'S LARGEST IT
DISTRIBUTOR
RCG, a leading international provider of biometric identification products,
security and RFID systems, today announces its entry into the People's Republic
of China ('PRC') market. RCG and Digital China Holdings Limited, listed on the
Hong Kong Stock Exchange ('Digital China' and HKEx stock code 0816), the largest
IT products distributor in the PRC, have signed an exclusive distribution
agreement under which Digital China will become the sole reseller of RCG's
biometric products across mainland China.
Digital China's business spans the entire country with a comprehensive network
of 6,000 resellers and stores. Headquartered in Beijing, Digital China began
operations in 1980 and today has annual revenues of over RMB20billion
(GBP1.4billion). Under the terms of this agreement, Digital China will resell
RCG's high-end biometric products throughout the PRC.
Digital China is also a key distributor of RFID products and is experiencing
increased demand for RFID solutions. RCG, acting as Digital China's recognised
technology partner, will become its appointed RFID solutions provider throughout
the PRC.
The Directors expect that revenues from the PRC will have a substantial positive
impact on Group sales from 2007. RCG is setting up a flagship store in Beijing
and will recruit local staff for its new hub office in Beijing. To support the
development of the PRC market, RCG anticipates investing approximately GBP1m on
staff, sales and marketing during 2006 and 2007.
Dr Raymond Chu, RCG CEO, said:
'This is a very important strategic development for RCG and a highly
complementary deal for both parties. The agreement gives us immediate scale and
reach across the entire PRC market and a prestigious technology partnership with
one of the country's most respected companies.'
'With its technical expertise and high quality client base, Digital China is the
ideal reseller for our market-leading fingerprint and facial recognition
systems. I believe that RCG's skills and experience in RFID will significantly
strengthen Digital China's offering in this area. We are delighted to be
entering into this agreement with Digital China and look forward to a mutually
beneficial long-term partnership.
'The opportunity in the PRC is clear, with the economy growing approximately 10%
per annum, and with sales in biometrics alone forecast to grow to more than
US$1bn per year by 2010. However, for a specialist company such as RCG, finding
the right channel to market is essential for breaking into the PRC, and it is
for this reason, that we are particularly delighted with this agreement.'
Mao Xiangqian, Senior Vice President, General Manager of General IT Unit,
Digital China commented:
'We are delighted to partner with RCG who are pioneers in the biometrics, RFID
and security solutions sector. This is an ideal cooperation as we have a strong
distribution network and RCG has excellent products and advanced technology
know-how. Digital China will work closely with RCG to penetrate the biometric
and RFID industry in the PRC, providing the most advanced IT and security
solution to enterprise, home and individual users'.
-ENDS-
silvermede
- 18 Aug 2006 09:47
- 25 of 295
Growth strategy appears on track, the potential of this deal would seem very significant. I wonder if they will get any contracts related to the 2008 Olympic games in Beijing? Long Term Holder & this share pays a Divi too! :-)
argos7
- 18 Aug 2006 23:40
- 26 of 295
a good point about the olympics i hope there some deals for rcg, i think this share will be worth 5 in 5 years easily.
silvermede
- 19 Aug 2006 16:06
- 27 of 295
RCG's Deal with Digital China is mentioned in the Times Business Section (Sat 19 Aug 06). :-)
silvermede
- 31 Aug 2006 16:06
- 28 of 295
This share is really starting to move up now, perhaps people are recognising the real value and growth potential of this company and the recent Digital China deal.:-)
argos7
- 31 Aug 2006 21:14
- 29 of 295
i totally agree mate and purchased some 2000 more shares, rcg will be massive in 5 years time. new web site design also!!!!
The Drax power station protest is the reason for the share price move on 31/8/6. also secure design is another biometric to look at.
PapalPower
- 01 Sep 2006 04:13
- 30 of 295
Nice to see it moving up again :)
silvermede
- 19 Sep 2006 10:58
- 31 of 295
On the move up as we approach interim results next week (26 Sep 06). :-)
argos7
- 19 Sep 2006 17:51
- 32 of 295
lots of sells in the afternoon though, i have taken a guess from past performance as to the results, 8 million profit on sales of 24 million for the first 6 months that would be quite something.
silvermede
- 20 Sep 2006 09:40
- 33 of 295
RC Group (Holdings) Limited
20 September 2006
20 September 2006
RC Group (Holdings) Limited
Appointment of Non-Executive Director
RC Group (Holdings) Limited ('RCG' or 'the Group'), a leading international
provider of biometric identification products, security and RFID systems,
announces the appointment of General Dato Seri Mohd Azumi as Non-Executive
Director with immediate effect.
General Dato Seri Mohd Azumi, age 58, rose from second lieutenant to four star
General and retired as the Chief of Army of Malaysia in 2004 having served the
Malaysian Armed Forces for more than 37 years.
In 1991, General Dato served as the Senior Military Intelligence Officer
('SMIO') in the UN Military Observer Mission in Iraq and Kuwait. In that
capacity, General Dato drew up the 'policing plan for the de-militarisation
zone' and assisted the UN Foreign Commission in the return of Iraqi/Kuwait war
properties. General Dato was also involved in the conduct of security operations
against terrorists along the Malaysia/Thai border and in the states of Pahang,
Selangor, Sarawak and Sabah.
General Dato currently chairs and sits on the board of several privately-owned
companies operating in the defence, plantation, and engineering industries. With
more than 40 years' experience in the armed forces and security operations,
General Dato will provide the Group with an in-depth understanding of the
technological demands and requirements for security needs. The Group will aim to
develop its technology and products to meet the growing demand within the
security market. In addition, with his endorsement and influence in Malaysia,
Indonesia, Thailand, the Philippines and the Middle East, the current Directors
believe that his contribution will have a positive impact on the Group and its
financial performance going forward.
Commenting on the appointment, Dr Raymond Chu, RC Group's Chairman and CEO,
said:
'We are delighted that General Dato has joined our Board. He has extensive
experience in dealing with governments in Malaysia, Indonesia, Thailand,
Philippines and the Middle East. I believe the appointment will strengthen the
Board considerably and ensure that RCG continues to grow as a market leader in
the security industry.'
Full Name:
General Dato Seri Mohd Azumi Bin Mohamed
Current Directorships / Partnerships
PT Varita Majutama Pte Ltd
Sri Jentayu Global Pte Ltd
Idris Hydraulic Pte Ltd
Dewina Food Industries Pte Ltd
NADI Defence Industries Pte Ltd
Atlan Holdings Pte Ltd
Past Directorships / Partnerships
None
argos7
- 25 Sep 2006 21:50
- 34 of 295
today (26/6/06) should be the day for rcg big rise i just found this quote from june 06 i wish i brought more shares now.
RC Group (Holdings) Limited, the leading international security systems
provider that specialises in the development, manufacture and distribution of
biometric identification and RFID technologies, is pleased to announce that the
Group has successfully built on its achievements from last year and
outperformed its targets this financial year.
Profits for the year was predicted to be 15million, i think rcg have passed that in six months.. lets see what happens........
silvermede
- 26 Sep 2006 09:04
- 35 of 295
Interim Results are cracking. Growth continues apace for this VALUE Share. Well Worth Reading the Full RNS. Extracted Highlights:
RC Group (Holdings) Limited
26 September 2006
26 September 2006
RC GROUP (HOLDINGS) LIMITED
(the 'Group' or 'RCG')
INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2006
Strong organic revenue growth driven by expansion of product portfolio and
client base
RC Group (Holdings) Limited, a leading international provider of biometric
identification products, security and RFID systems, is pleased to announce its
Interim Results for the six months ended 30 June 2006.
FINANCIAL HIGHLIGHTS*
Group's interim revenues grew by 371% to 22.6m (2005 interim: 4.8m),
exceeding full year revenues in 2005 by 46%
Organic revenues grew by 204% to 14m (2005 interim: 4.6m)
Profit before tax increased 357% to 6.4m (2005 interim: 1.4m)
Diluted EPS increased 179% to 3.9p (2005 interim: 1.4p)
Group's organic gross margin and net margin improved to 58% (2005 full
year: 54%) and 40% (2005 full year: 31%) respectively
Prudent cost control reduced central cost to 12.0% (2005 interim: 21%)
of revenues
Net cash at period end of 24.7 m (2005 interim: 1.3 m)
OPERATIONAL HIGHLIGHTS
Successful acquisition and integration of Skycomp Technology, Huge
Wealth Technology, UCH Technology and ECT-Asia securing sales channels
into the vast Southeast Asia market, Middle East market and lucrative
Asian casino market
High-profile research and development partnerships with Sony and Intel
The appointment of Digital China as an exclusive distributor of the
Group's biometric products has secured an important sales channel into
the PRC mass market
Fundraising of 23.45m (net) through an institutional placing at 53.5p
per share in May 2006
New product launch of the Fx-series in March has been successfully
received to date
Launch of innovative commercial laptop computer equipped and converged
with facial recognition and RFID track and trace security features
Strengthening of Board with appointments of Brian Lam as Finance
Director, Stephen Lai and General Dato Seri Mohd Azumi as Non-Executive
Directors
Commenting on the results, Dr Raymond Chu, RCG CEO, said:
'I am delighted by these results which demonstrate the increasingly strong
appeal of the Group's products and solutions, the development of our client base
and our continuing ability to rapidly drive forward both revenue and bottom line
growth. With current market trends, strong technology and extensive sales
networks, RCG is well positioned to further consolidate its position as one of
the leading providers of security solutions and biometric products.
'In the second half the Group will maintain its aggressive growth strategy. We
will continue to identify potential targets for acquisitions as well as focusing
on driving organic growth and delivering shareholder value.'
*Exchange rate used 1:HK$14.186
moneyplus
- 26 Sep 2006 09:54
- 36 of 295
amazing revenue and profit growth! This is definitely a share to hold onto as not many companies could match this one.
argos7
- 26 Sep 2006 17:50
- 37 of 295
what a cracking set off results, the sky the limit for rcg
silvermede
- 17 Oct 2006 09:20
- 38 of 295
RNS: Another Market Opening Up - Southern Africa!
RC Group (Holdings) Limited
17 October 2006
17 October 2006
RC Group (Holdings) Limited ('RCG' or 'the Group')
Entrance into high profile security markets of Southern Africa through an
exclusive joint venture agreement with Techno Investment (Pty) Limited
RCG, a leading international provider of biometric identification products,
security and RFID systems, announces its entry into the key markets of Southern
Africa through a joint venture agreement with Techno Investment (Pty) Limited
('Techno'), a specialist distributor of electronic goods and security solutions.
RCG and Techno have agreed to establish a joint venture, RCG Systems SA (Pty)
Limited ('RCG SA'), and a new regional office which will be based in
Johannesburg, South Africa, to market, sell and distribute biometric, RFID and
security technology products and solutions in Southern Africa. RCG will hold a
controlling 53% interest in RCG SA. Techno will hold the remaining 47% interest.
Techno has more than 30 years of operational experience in Southern Africa and
has built up and served a client base of more than 3,000 retail outlets across
the Republic of South Africa, Botswana, Lesotho, Swaziland, Mozambique, Zimbabwe
and Zambia. Security is becoming increasingly important in Southern Africa,
given the high levels of sophisticated crime across the region. The Directors
believe that RCG SA will be well positioned to tap into the significant
potential of this growing market given the strengths of RCG and Techno.
RCG SA is expected to commence operations by 1 January 2007. RCG anticipates
that its Southern African venture will broaden the Group's overall revenue mix
and enhance its geographical footprint. Under the agreement, Techno will be
responsible for all sales and marketing activities and make use of its extensive
network of existing customers. RCG will be responsible for providing technical
support and guidance. RCG SA will be jointly funded by RCG and Techno, with an
initial cash funding requirement by RCG of 200k towards equipment, facilities
and employees. The Directors anticipate the funding level to increase in 2007 as
RCG SA becomes fully operational.
Dr Raymond Chu, RCG CEO, said:
'This is a very important strategic development for RCG. The agreement gives us
immediate scale and reach across the entire Southern African market. We believe
that there is a huge market opportunity in Southern Africa given the high levels
of sophisticated crime. Techno, with its large distribution network and strong
management base, is the ideal partner for our penetration into the Southern
African market. We are delighted to be entering into this agreement with
Techno and look forward to a mutually beneficial long-term partnership.'
Mike Braude, Techno CEO, commented:
'We are delighted to partner with RCG who are pioneers in the biometrics, RFID
and security solutions sector. This is an ideal agreement since we have a strong
distribution network and RCG has excellent products and advanced technology
know-how. RCG SA will penetrate the biometric and RFID industry in the Southern
African market, providing the most advanced IT and security solutions to
enterprise and individual users'.
silvermede
- 18 Oct 2006 09:02
- 39 of 295
Yet another appliaction for RCG's products:
RC Group (Holdings) Limited
18 October 2006
18 October 2006
RC Group (Holdings) Limited ('RCG' or 'the Group')
Launch of RCG Airline VIP check-in solution, a new security and customer service
solution for the air transport industry
RCG, a leading provider of biometrics and RFID applications and solutions,
announces the launch of its Airline VIP check-in solution, a bespoke solution to
address security issues and enhance levels of customer service in the
international air transport industry. Furthermore, RCG announces that it is
working with its Indonesia partner PT. Samgar Perkasa, a contractor of Garuda
Airline and two Indonesia Airports, to deploy the Airline VIP check-in solutions
for Garuda Airline as well as a security solution for the Indonesia Airports. At
this initial stage, RCG will receive a nominal consultancy fee for conducting a
feasibility study with PT. Samgar Perkasa.
The RCG Airline VIP check-in solution integrates both biometric and RFID
technologies in order to streamline the passenger check-in process, enhance
security levels and provide value-added customised services for VIP travelers.
The solution, which combines a number of digital authentication processes, truly
demonstrates the advanced nature of RCG's integrated hardware and software
solutions. In addition, this application can be easily modified for use in train
stations, ports and any other form of mass transportation.
The Airline VIP check-in solution provides enhanced security via multiple
authentication methods in addition to heightened customer service. Its key
features are as follows:
1. VIP Express Check-in Counter
Users are provided with a tamper-proof RFID card to use at an express
check-in counter.
The RFID card stores information on the individual which is encrypted
as an additional security measure.
User identification will be quickly verified by his/her face and
fingerprint.
An active RFID tag in the user's boarding pass will enable an airline
to track the location of the user in the airport.
2. Express Security Screening Area
RCG's FxAlert facial recognition system will be able to verify a user's
identity at different locations in the airport with minimal inconvenience.
3. VIP Lounge
The RFID card will enable the system to retrieve information about the user
for the airline to provide customised treatment regarding, for example,
their preferred refreshment or reading material.
Real-time flight information such as service upgrade notification will
also be provided to individual users through RFID activated kiosks.
Dr Raymond Chu, RCG Chairman and CEO said:
'Increased security measures have led to more time-consuming methods of airport
check-in. This is a significant and growing issue for the air transport
industry, so there is a compelling need for our Airline VIP check-in solution in
the industry. This application, once again, demonstrates the versatility of the
RCG products and solutions and our ability to combine both RFID and biometrics.'
'We are very excited to launch the new Airline VIP check-in solution, which we
believe has the potential to enhance security and flexibility for travelers
around the world.'
silvermede
- 19 Oct 2006 14:54
- 40 of 295
From THE INDEPENDENT today:
The Investment Column:
Buy RC Group
This probably explains the rise.
argos7
- 19 Oct 2006 15:05
- 41 of 295
about time someone put a buy rec on rcg it needs some press for all the good work it is doing!
silvermede
- 20 Oct 2006 13:00
- 42 of 295
Nicely in the blue today. Onwards & upwards!
argos7
- 20 Oct 2006 21:25
- 43 of 295
very nice and blue, there have been a lot more trades lately not necessary all high volumn. my guess at full year profits say 20 million!