This is a HK based company currently at 35p to buy
they are a leading international provider of
biometrics and RFID (Radio Frequency Identification) products and solutions
across a wide range of security applications.

With countries moving into biometric passports etc this market is in growing demand.

the company reported a 107% increase in profits last year,
Sales - 45.02 mln hkd vs 32.84 mln
Pretax profit - 32.22 mln hkd vs 17.91 mln
EPS - 0.33 hkd vs 0.16
Final div - 0.09 hkd

This is probably the only AIM listed company paying a dividend
They have just entered europe and china.

target price for this share is 1.50 within 12 months, short term target 45p

they are listed on the AIM

worth looking into

Good luck

Nicely moving up towards the results next friday, should be an update on contracts and the secret Asia entitities who are snapping up stock anybody in for the ride..........?

Surely more interesting than the 'secret asia' entities that snapped up the 5m shares is The Offshore Group Holdings which sold them the 5m. They still have a huge majority interest (though this is slowly being reduced by sales and dilutions).

It shall be interesting to see the fruits of their investment in European expansion, to see what progress the London office has made.

There was a mention hidden away in IC last week.

They are spreading themselves around the world and with th olympics destined for bejing this is surely a good long term punt. They have received a number of patents from the Chinese govt so im extremely interested to hear of their current and future postion on contract wins!

As for the secret purchasers of stock, the offshore group have been reducing their holdings incrementally to satisfy demand its always intriguing when this is happening especially when the company seems to be doing well looking forward to the results for some clarification

Going along nicely, even on today a bloodbath still managing to remain blue!

Today's RNS is VERY GOOD news:

RC GROUP (HOLDINGS) LIMITED

(`the Group')

Trading Statement

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
strong trading reported in the interim results for the period to June 2005
continued throughout the second half of the year.

As a consequence the Group expects to report full year results ahead of market
expectations.


Furthermore, the new financial year has begun with a strong base of satisfied
customers, a well defined and growing innovative product set and an encouraging
order flow. There continues to be significant opportunities in the markets the
Group seeks to dominate and the Board approach the coming financial year with
increasing optimism.

The strengthened cash position resulting from the Group's 11m fundraising in
October 2005 has enabled the Board to lead the consolidation and growth of its
target markets and at the year end stage the Group had available funds of
approximately 9m.

Dr. Raymond Chu, CEO, commented:

'I was particularly encouraged by the progress we made through the second half
of 2005 and look forward to reporting on our performance in mid April.

Following our successful fundraising in October of last year and the completion
of our acquisition of Skycomp in January of this year I firmly believe that we
have the products, R&D capabilities and sales channels to continue our strong
growth. In being able to respond quickly to our customers needs I also believe
that we have a great opportunity to be global leaders in our emerging sectors
of biometrics and RFID.'

-Ends-

For Further Information:

Dr Raymond Chu, CEO

Anita Chau, COO

RC Group (Holdings) Limited

Tel: + 852 3669 6999

Andrew Tan

Hansard Communications

Tel: + 44 20 7245 1100

About RC Group Holdings Limited

RC Group (Holdings) Limited is a leading international developer, manufacturer
and solutions provider in the biometrics and RFID technology industries, which
listed on the Alternative Investment Market of the London Stock Exchange in
July 2004. The Group has an aggressive growth strategy with a clear focus on
developing new applications and revenue streams for global roll-out,
particularly in the security applications industry.

A date fot the diary:

RC Group (Holdings) Limited will announce its preliminary results for the 12
months ended 31 December 2005 on Thursday 30 March 2006.

its a geat learning curve going back and reading these kinds of threads from the beginning, the expectation and the actual reality. Not saying its a bad share, but certainly slow getting to the expectation.

Kivver, agree I sold half my holding in frustration and then they recovered to current levels. Still believe the upside is there to be had though in the long term, but perhaps needs greater recognition. I await the prelims with an air of expectancy..............

i think you have knocked the nail on the head there silver and its all about recognition and the market seeing the upside in a share, if the market doesnt recognise it or see it then we're in trouble, no matter how good a share is.

A cracking set of Final Results for 2005, well worth a read. Dr Raymond Chu is certainly delivering, common market wake up to this potential. Growth and Profit both up and stacks of cash in the bank for a company in a potential multi-milllion/billion market and the're ahead of the game.

Embargoed Release: 07:00hrs Thursday 30th March 2006

RC GROUP (HOLDINGS) LIMITED

("The Group")

PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2005

HIGHLIGHTS OF 2005

- Sales 15.45m (2004: 3.38m) up 358%

- PBT 4.8m (2004: 2.3m) up 114%

- Normalised PBT* 4.9m (2004: 1.3m) up 277%

- EPS 4.4p (2004: 2.3p) up 91%

- Normalised EPS* 4.5p (2004: 1.3p) up 246%

- DPS 0.5p (2004: 0.4p) up 25%

- Launch of new i4 product generated 3.48m of sales revenue

- A very promising start to 2006 with the Directors predicting another
successful year

- Completed acquisition of Skycomp Technology in January 06, secured sales
channels into the vast Southeast Asiawarehousing market

- Completed the acquisition of 85% of Huge Wealth Technology in March 06,
securing sales channels into lucrative Asiacasino market

Oops forgot to mention, even a divi proposed for AGM approval.

LONDON (AFX) - Security systems provider RC Group (Holdings) Ltd posted a doubling in full year profits on a huge rise in sales as interest grows in biometrics, a way of identifying people through certain characteristics such as facial structure or sound of the voice.

For the year to Dec 31 2005, the group recorded a pretax profit of 4.8 mln stg from 2.2 mln a year earlier on sales of 15.4 mln stg compared to 3.4 mln last time.

The company also said it has introduced a new product, the Fx9 laptop, which comes equipped with a facial recognition system allowing users to log in and access data without the use of a password.

Initial orders have been placed this year worth about 1.6 mln stg.

Ticking up nicely today and a break out from previous levels :-)

I think RCG have been noticed at last!

Hardly suprising after such stunning results and future potential

Looking very good today, after strong buying yesterday, much better than I expected.

More good news today.
The relatively slow progress of the sp amazes me. However, for those with confidence in their own judgement it makes for a wonderful buying opportunity.
Profit, cash flow, prospective p/e and peg ratio all looking good to brilliant.
I much prefer this to pouring my money into a dubious hole in the ground or a future wonderstock that's still eating mountains of cash and trading on an incalculable p/e.
DYOR, of course - it will bring you to the same conclusion imho.

knute

Too right --- stock is trading on 8x or so this years earnings. That's before the deals of last 2 days. The Sony link seems to support the technology fully and add on acquisitions look to be able to propel sales

I must be missing somthing too !!

Just saw this from HB's Market Comment Broker Round Up:

Insinger de Beaufort reiterates its trading buy rating for Land of Leather (LAN.L) and has a trading buy rating for RC Group (RCG.L).

So RCG has made it onto the City's radar screen! at last :-)

Another recommend, this time from IC:

LONDON (AFX) - Better levels were seen in RC Group, 2 pence firmer at 49-1/2, as the Investors Chronicle advised readers to 'buy'. The shares are only valued at 9 times earnings which, the IC said, is too low for a fast-growing technology company with 7 mln stg in the bank that already pays a dividend.

Kivver,

Happier now? This just shows that if the fundamentals are good, then patience really pays off.... in the end! :-)