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

Anyone got a view on the rise today?

up 1p today as well :) (45p short term resistance point)

Now up 2p on the day but wish I knew what's driving this rise!! Any thoughts.

Just been canvassed to buy a load of these at around 38p. Worth it or has this been ramped?

in the short term its heading for the resistence of 45p, as mentioned b4. SWSUEN the best price to buy with hindsight would have been 32p when this post started, however assuming it is going to 45p still there are a few pence left in it.

The way this is motoring today seems like the 45p resistance will be reached by close of business, now 44p to buy - up 4p today.

Cant believe how quick this one has motored but security systems are paramount in this day and age

Blackbelt I agree with you, I guess most countries would adopt this technology in the coming year('s) for passports, ID cards etc.. Being one of the few companies in the market, these guys stand a decent shot at landing atleast 1 government contract.

Definately the global roll-out should provide massive revenue streams from a number of quarters, the Government has security high on its agenda ive been looking for a company like this to invest and am grateful for this thread eluding to this little gem........

up again today, guess it may test 45 today or tomorrow

I think another 10p to come. I'll sell at around 55p. Then buy in again on any drop.

If it breaks 45 its sure to plough on with TA.....Im hoping for a write up in Shares or IC help put this on the map a bit more.

my short term sell target = 65 and like regandjess will buy back for next rally to 1.50. i think the day traders and premium members here on moneyam and advfn would have started to note this share already since it may have already hit the constant gainers list. In which case we can see more buys.

Its moving along nicely now, would be nice to finish strongly holding on to a new high

WAs tipped this by friend in city house at 30p he seems to think 150% realistic target price especially with the chinese olympics coming up.And the amount of security from terrorism these days,i can only see an upside as they already pay a dividend.And as you see the company is in my view undervalued especially for the pottetinal of being one of the leadind providers in its product,and have just expanded into europe.

Some heavy trading today mostly buys over 200,000 price is ticked down to clear the overhang of stock due to the small cash call needed for expansion.

Ive just topped up this morning so I can capitalise on the next run up. Once the new shares are absorbed this is gonna fly IMHO.

Heavy buying again....this is about to start to motoring very soon!

I've just nipped off to do some research in this company and come back to find that half the posts have vanished including a very good report about chinese prospects re Bejing games, passports etc. Some of the posts I read were wrong re price it's 32.5 today and I wouldn't have said the buying's all that great (moneyam figures) but it does sound like an interesting company. More info please.

Hi angi, theres another tread that with the same epic for this try that one.

Im diggin up a wee bit on this one so will post what i find.

Its ticked up this morning on small buying so it looks as if all the stock is cleared and the share price can start to gather momentum. DYOR

Nice bit of news that could prove highly lucrative.

RC Group Holdings Limited that certain of its patent applications have been accepted by China.

The biometrics company said the applications relate to hardware products and proprietary IP technology for producing a long distance RFID sensor device and wireless RFID signal receiving sensor device.

The applications have been accepted in accordance with Article 28 of the Patent Law and Article 39 and 40 of the Implementing Regulations of the Patent Law.

Raymond Chu, CEO of RCG, commented: "The acceptance of the patent applications is a key milestone in the continuing development and commercialization of the Group's RFID technology.

"With so many potential applications particularly in the field of security tagging and tracking, we believe that RFID will supersede bar coding within the next few years. RC Group is now in an even stronger position to take advantage of this fast developing market."