http://www.rcg.tv

Well its obviously just worked! lol

If we can now get back above the 200dma then perhaps there is hope for a sustained rally back into the 100's. Since I rashly bought my last lot at 142.5p (although the bulk at average of 68p) it would obviously be a comfort to get back into profit on those. Fundamentals suggest it strongly, as does Jim Rogers current aggressive stance on Chinese stocks (RCG not strictly a CHinese stock), but we are clearly in the grip of market sentiment - w/wide and all things Chinese. Sentiment cannot last for ever, although perhaps longer than any of us can stay sober - to pervert a well know expression!

Today's continued move up helps confirm my view that this is a very reasonable hold mid-long term.

Hope yer right!

I rather stupidly bought on results at 83p so coming close. I fear a retracement now.

You can nearly always guarantee with these situations, if I sell to make a small loss the sp will rise and if I hold, it will slump.

Such is life on the SM.

Try a short spreadbet whilst continuing to hold long - that ought to confuse them!

good point.

Its coming up to results, its also late summer, this is when the normal pump and dump crew start to buy stocks (they buy now ready to sell into any results spikes in late August through end September). Therefore, expect to see "old faces" start to return to threads as they start to pick up their little holding now, ahead of trying to ramp the bottom off of it into results time. This happens all over AIM, especially on the stocks where a good ramp could be got going (say China stocks - low PE's - thats a great ramp to attempt).

So, as summer draws to a close watch trading volumes on AIM tiddlers, expect some buying to be going on, and then the threads start to get busier, old names re-appear as do new names start to appear.

All telling you how cheap this stock is and what a bargain.

But do not forget, these are in the most just trying to ramp the price up and will disappear before or just after results are out in the Autumn

Its time for Rampton........unlimited attempted ramping to create as many AIM spikes as possible into results season - that they can sell into whilst posting on BB's how wonderful the results will be/have been

My opinion if anyone wants it, LOL :)

If anyone is thinking of buying AIM stocks ahead of results, do it now, do it until end July, then stop.

Don't be the ones caught buying the results spike and holding the baby as the SP crashes after results - beat the rampers at their own game, and be the ones selling on the spike ahead of them getting out for their small gains.

Price spikes might be subdued this year, owing to a risk of bad economic news making markets tumble, so the buying should be lower and less risk taken - they do not want to be caught with their pants down if the tide goes out.

perhaps I've missed something here.
didn't realise it was late summer
In fact, I didn't realise we've had a summer at all!

Well, given that many PI's are locked into this one from well above 100p levels, there is going to be extensive attempted ramping of this on AFN and others imo.

Some people must be sat on massive losses given their very wrong "bullishness" on RCG at over 100p.

So given this likely "Welcome to Rampton" we will get on AFN, I have taken a few short term longs, let the rampers earn me some money, but keeping tight stop losses just in case of collapse back, we are still in a bear market, and things might not go the bulls way.

Very good chance it will collapse again imo after results as people take their money out, so might make a nice little short short later as well.


From the other RCG thread at AFN :


PapalPower - 24 Jul'08 - 09:35 - 245 of 246

Sorry if the SP has ticked up a bit, but given my post of yesterday about its time for "Rampton" by the RCG rampers........I have added a few short term long spread bets both yesterday and today. So I am in fact by default an RCG shareholder, well sort off anyway :) LOL

Well, if they are successful in ramping it up, might as well enjoy some profits from it.

Stop losses are tight, as with this stock, and these markets, if it comes down, time to get out fast imo.

Oh my god you get every where don't you and all you do is cut and paste all the dribble you write from one bulletin board to the next - i cannot believe how lonley you must be.

Another one added to the "squelch" lost........good bye "tweg05"

Its the first post I have ever seen you make on Moneyam.......new user name is it ? LOL.

Bye.............


And for those who want to read some discussion on RCG, I would suggest reading the recent TMF thread, posts by Aliceinwonder and myself being the most notable on the thread.

Link is : http://boards.fool.co.uk/Message.asp?mid=11156635&sort=whole

My squelch list now contains :

zscrooge
coeliac1
tweg05
holmes9
paul56


For all of these posters I cannot see any of their posts, and therefore will not be replying to anything they may say or post.

Figures to watch out for come interims..........




Turnover

2007 H2............................HK$ 843,566,000

2008 H1............................HK$ ?????? (Expected to rise due to acquisition)



Profit after Tax

2007 H2............................HK$ 267,468,000

2008 H1............................HK$ ?????? (Expected to rise due to acquisition)



Earnings per share

2007 H2............................HK$ 1.166 (116.5 cents)

2008 H1............................HK$ ????? (Expected to rise due to acquisition)



Inventories

2007 H2............................HK$ 144,945,000

2008 H1............................HK$ ????? (Rising ? lets hope not.....)



Trade receivables

2007 H2............................HK$ 395,278,000

2008 H1............................HK$ ????? (Rising ? lets hope not.....)



Cash in the bank

2007 H2............................HK$ 651,290,000

2008 H1............................HK$ ???????? (falling ? lets hope not by too much.)



Margins ?? (OP / Rev)

2007................................31.86 %

2008 H1...........................????? (falling ? lets hope not.....)



Net Cash Gen From Ops in terms of Profit After Tax

2007 H2....191m NCGFO from 267.5m PAT = 71.4%

2008 H1.............................. = ????? (Lets hope its not falling)



Cash Generated From Ops Against Turnover


2007.......170,025K v 1,438,781K ............ = 11.8%

2008 H1...... ???? v ????........................ = ???? (Should be rising its hoped)




Intangible Assets ????? (Is there lots getting dumped here ?)

2007 H1...........................HK$ 25,645,000

2008 H1...........................HK$ ??????????? (Rising ? lets hope not...)

There has been lots of buying of RCG by private investors, everyone expecting a good ramp to go on into results. When I see posts like below (bottom of the post) with people going "all in" you do have to feel worried for them........its a crazy gamble that might win, but might also lose a fortune.

But even with all this demand, the seller keeps selling and filling all the demand.

By the very nature of supply and demand, if all the demand is happening now, and being filled, then come the time that the hot money wants to get out, just before or on results day, then over supply could likely happen, and the price could capitulate well downwards.

There is a rumour that the Directors will be buying at results time, well, they should imo because the directors sold cumulatively millions of shares last year at 131p and made millions of profits, so they should "buy" if they consider the price cheap.

Also, looking at the numbers for 2007, and quoting another poster ;

"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

then given the package and the shares sales, some of the RCG directors are very very very rich with loads of cash. Wonder what their 2008 "bonus" and therefore package will be.

If their bonus is based upon increased revenues and EPS figures then they are going to be getting millions of pounds in "bonus" again perhaps in 2008 ?

This is why I feel its very important to consider all metrics as per the list I have posted and how growth has been achieved, has it been "growth for growths sake"

A complaint many people have is that the business is growing but the cash generation is not really in the same league.............

Well, are bonus's linked to revenue growth ? EPS growth ? and not linked to cash generation ?.........that would be interesting to know - . We will see come results how the business has done on all metrics.

Does anyone know how the directors bonus scheme works ? Is it weighted towards turnover increase and EPS increases in terms of "qualification levels" ?


Some of those "worrying" imo, posts.



"Mon 11:57

i have decided to invest all my money into this, results in 4 weeks time, im very sure buying into this price will return a 25 to 50 % gain imho "

&&&&&&&&&&&&&&&&

"Tue 15:38

its a cracking article and yet more great news in RCG's favour I have lumped all my funds into this stock and I an confident "

good luck

Another set of cracking results, why is the sp still here ?
holding 50k @ circa 68p being, am I missing something ?

No dividend again, huge intangibles in balance sheet following latest acquisition, uncertainty generated by future ownership of deceased shareholder and continuing cashflow questions etc.

LOL Halifax. Worst de-ramp ever or are you an analyst in a suit who wouldn't know his arse from his elbow?

i didnt realise that halifax had a suit.

Sold out and got my money back at last!!

What a run over the last few days. I don't believe there is anybody buying this - who in their right mind would buy an AIM stock now? I think it is just the MM's adjusting the price which IMO says that all small caps are having their sp kept artificially low. This should be well over 1. I must admit I don't care now but good luck to those holding over 1. I'm sure you'll get your money back when the market improves.

Nice to see this exactly where it should be.

In case anyone wondered I have been enjoying a superb holiday and have been away from the net a lot, apart from the occasional post on III.

I refuse now to post on A DVFN, its has got terrible in terms of abusive rampers this year, totally pathetic and not worth anything now. The good thing is of course they are all now losing money, and I really hope some of those abusive idiots lose everything in the ongoing crash.

Some of us did warn back in January that it was best to sell anything and everything, and we were ridiculed by the abusive rampers, and now it comes to pass...........LOL :)

With what is going on, you can be sure that Asia will be into severe problems come 2nd half 2009, going into 2010.............not a time to be loaded up with "China" exposure stocks..........now people can see why everyone has been selling these "bargains" and not buying them.

The ultimate sign was China dropping interest rates, in the face of inflation, that was a real admission that they are now heading into severe problems :) ho ho ho.