http://www.rcg.tv

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.

I'm not abusive but please don't be silly!

Excellent company well run but along with everything else on AIM slaughtered. End of story. If and when AIM recovers and once the overhang is sorted it will be 200p + as you very well know.

I don't own at present because of the aforementioned.

Now with debt, falling margins, massive intangibles on the balance sheet and heading in a 2009 and 2010 which will slow down massively for them.

On top of this you say "well run" but shareholders saw a cut in the dividend last time around.

Now listing on to the Hang Seng, just as China will go into trouble, and so the Hang Seng after years of running on the back of China, will now collapse with it.

All in all, far better punts for your money, and not on a pissy AIM listed stock like RCG which has been an awful investment for many people falling from 150p to 50p.

All AIM stocks have been a dreadful investment. Effectively it has stopped trading along with the small caps.

This will soon be more than just an AIM stock.

This is funny, so amusing for those who called it right.

Plenty of rampers now getting themselves well and truly burned with this one.

Given the outlook for China and the potential for continuous downgrades and problems for anything related to China, who would be buying such a stock as this now ?

The Hang Seng will look like a wonderful short in 2009 and anything on it, like RCG perhaps ????

Quite amusing, feel sorry for anyone stuck in this, and for any of those abusive types, well I hope you are hurting badly and losing a shed load :)

Strange how pp hasn't mentioned the big rally today.

Oh yes of course, use the drops to support your argument and ignore the rises.

pp is too busy covering his short position in his boiler room!

On top of the GNG admission that things are slowing down, today also saw ZTC (Chinese telecoms) say this which again is more evidence to say that things in China are under pressure, and those who said 2009 would be a bad year for anything China related, might well be proven correct :

"As has been widely reported, trading and credit conditions for SME's in the PRC have become increasingly difficult throughout the third quarter of 2008. This is due to deteriorating macro economic conditions outside the PRC and slowing economic growth and restrictive credit policies in China. As a consequence, our markets have become increasingly competitive, disruptive and oversupplied. ZTC has therefore achieved sales significantly below those seen in the same period last year.

As a consequence, the Company's working capital available to operate and expand its business has become constrained, as has been previously announced. The Company continues to review all aspects of its operations to reduce costs and improve efficiencies to improve the availability of working capital for new model and market development. The possible sale of assets referred to above is one example of a potential method of cash generation that is being actively considered."

RCG does not use credit - in fact it gives it by pre-paying suppliers (need to watch this generosity, as suppliers become less able to pay). It is debt free and pays its creditors regularly.

It does not have anywhere near the competition that a telecoms company would have. Telecoms is a relatively mature business compared to RCG's.

RCG is in good defensive markets - health, security and, although cyclically vulnerable to its third leg logistics, because it can replace old technology with newer more effective and cheaper technology, it may well continue to move ahead even in this field of operation.

I wish PP joy of his short-term trading, whilst we enjoy our longer term view of the company. There is no reason why PP's trading in and out over 5 years will not yield as much profit as my long term buy and hold for 5 years. What is always curious to me is the vitriol bears display in their posts compared to the generally sunnier nature of the bulls. I guess bear and bull stances do reflect some fundamental human psyche of the individual concerned.

I seem to see they are using credit, and now have some debt as well............look at the last results...........

you an an utter twat Papal power.

Oh dear, another sad nutter from ADFN joins MoneyAm and straight away is abusive.

Sad people.

Right now, on a short term basis and given the changes that have happened over the past week up to now, I would now rate RCG a BUY.

So IMO, at just over 30p, its a BUY (for the short term anyway)

DYOR.

what a buy tip