PapalPower
- 03 Jun 2006 02:27
silvermede
- 20 Nov 2006 13:30
- 66 of 295
PP, That's odd, I can't find today's RNS on the system, only a later summary as below. Good news though.!
LONDON (AFX) - RC Group Ltd (RCG), provider of biometric ID, security and RFID systems, said it has won several radio frequency identification (RFID) projects in southeast Asia.
RCG will provide a sophisticated security system for Al Team Malaysia at the Al Grand Prix in Malaysia in November and 'it is intended that this relationship will continue for the rest of A1GP season,' said the firm.
The deal has boosted sales of FxGuard Windows Logon box systems, said RCG.
The company has also won a five year contract with Sunway Lagoon, one of Malaysia's largest theme parks, to provide RFID ticketing and point of sales systems.
In addition, RCG said that its RFID systems are being used at a private Malaysian hospital to track newborn babies, and in a government school to track library books and equipment.
Financial details of the deals were not disclosed.
The company also said that RCG Malaysia has recently been granted Pioneer Status by the government, allowing a five year discount on the Malaysian corporation tax rate to 8.4 pct from 28 pct. This is expected to enhance the group's net profit margin, it added.
newsdesk@afxnews.com
silvermede
- 20 Nov 2006 16:19
- 67 of 295
Nice end to the day.
Full Press Release on the RCG website - http://www.rcg.tv/ or see link in the Thread Header.
:-)
argos7
- 20 Nov 2006 20:04
- 68 of 295
a super update from rcg but the big point is that profit margins will now increase take at look at rcg latest interum results in the breakdown/segment analysis section, RFID was 60%profit margin very nice!
argos7
- 23 Nov 2006 22:27
- 69 of 295
more rcg news on the rcg website patents for rfid in china
silvermede
- 24 Nov 2006 10:46
- 70 of 295
Just found out that RCG was tipped as a buy and re-instated into the The Share Weekly portfolio by Kewill Lewins last Friday (17 Nov 06). Strong write up with plenty of upside to come.
argos7
- 01 Dec 2006 21:27
- 71 of 295
more good news today! I cant wait for final results for rcg this year i reckon 18 million profit.
Confidant
- 11 Dec 2006 16:12
- 72 of 295
Running for Xmas --- well I've bought my face recognition software to make sure it's only Santa that's coming down the chimney
argos7
- 11 Dec 2006 21:35
- 73 of 295
very funny! if the share price keeps rising our computers wont regonise our big smiles! i guess the share rise today was because of terrior threat news before xmas which occured on the weekend, there was a trading update in jan 06 hoping for another in 07!
yngam
- 13 Dec 2006 18:05
- 74 of 295
Come on guys,
A spike like that on Monday morning followed by high volumes. I would suggest one of the monthly investment newsletters has tipped them somewhere.
I'm not complaining though.
yng
argos7
- 16 Dec 2006 21:56
- 75 of 295
this might be why check out rcg website
Wavetrend, the leading manufacturer of active Radio Frequency Identification (RFID) technology has appointed the AIM-listed biometrics and RFID specialist RC Group (Holdings) Limited (RCG) as an Accredited Channel Partner for the Asia/Pacific region.
Accredited Channel Partners are supported by Wavetrend to design, develop and deliver innovative solutions based on the groups open architecture platform. Through its 40 Channel Partners worldwide, projects have been deployed successfully across multiple market sectors including security, defence, health, transport, mining and natural resources.
RCG combines expertise in both biometric and RFID technologies to offer solutions that enhance security and increase convenience for enterprises and end-users alike. These solutions can be applied to a number of industries such as aviation, healthcare, logistics, casinos and real estate. The Group has expanded rapidly in Asia and the Middle East, and has recently signed an agreement with Digital China Holdings, the largest IT products distributor in the Peoples Republic of China, to penetrate the biometric and RFID markets across mainland China.
Raymond Chu, Chairman and Chief Executive Officer of RCG commented: Our skills in the fast-growing active RFID market are highly complementary. This agreement provides us with access to cutting edge technology and an open platform architecture through which to provide yet more innovative solutions to our customers.
We are excited at the prospect of working with RCGs experienced team of professionals, said Chris Bishop, CEO of Wavetrend. We recognise there are significant opportunities for us to jointly develop projects across Asia and the Middle East region and look forward to a productive relationship.
argos7
- 01 Jan 2007 22:46
- 76 of 295
rcg been quiet of late but i think theres a trading update due mid jan?, I was surprised no paper/media has tipped the shares for 2007.
stockdog
- 02 Jan 2007 12:12
- 77 of 295
PapalPower
- 02 Jan 2007 15:49
- 78 of 295
Things are going well, the only concern I have is the Hong Kong dollar is pegged to the US dollar, so this is going to reduce the levels of earnings in sterling pounds terms.
Its not a major issue, but short term it could be dangerous if expectations get built too high, and then there is a let down.
argos7
- 02 Jan 2007 18:56
- 79 of 295
a good day for rcg +7% probably due to thailand bombs on new years eve and the positive market today! thanks for independent link, as for exchange rate 1=14.54 hong kong dollars if this get above 1=15.5 then i will start to worry.
PapalPower
- 03 Jan 2007 00:57
- 80 of 295
The last interims were calculated at 14.18 HK$ to the pound.
The last prelims were calculated at 13.34 HK$ to the pound.
Todays rate is 15.36 HK$ to the pound (
http://www.xe.com ). The HK$, like RMB, is pegged to the US$ and will fall with it or rise with it.
From interims to now is fast approaching a 10% change, to the detriment of RCG in sterling terms of conversion.
argos7
- 03 Jan 2007 18:13
- 81 of 295
a good point but rcg are improving there margins at the moment RFID so this should hide some of this and the balance sheet are all in hong kong dollars also i think some web services dont realised this for rcg
capa
- 15 Jan 2007 10:52
- 82 of 295
Great trading statement out this morning.
Earnings growing like topsy on a p/e rating of probably 12, a lot more to come here I would imagine.
capa
silvermede
- 15 Jan 2007 13:32
- 83 of 295
RC Group (Holdings) Limited
15 January 2007
15 January 2006
RC Group (Holdings) Limited
Trading Update
RC Group (Holdings) Limited ('RCG' or 'the Group'), one of the leading providers
of integrated biometrics and RFID security solutions, announces that trading for
the second half of the year has been strong and as a result RCG anticipates that
its results for the twelve months ending 31 December 2006 will be significantly
ahead of market expectations.
RCG will announce its Preliminary Results on Monday 12 March 2006. There will
be a briefing for analysts at 9.30am at Financial Dynamics, Holborn Gate, 26
Southampton Buildings, London WC2A 1PB.
Commenting, Dr Raymond Chu, Chairman and CEO of RCG said:
'We are delighted by RCG's impressive performance across the entire business
during 2006. During the year we have made great strides. We have updated our
technology to provide new, leading security solutions and also increased our
presence in China, Malaysia and the Middle East. We are now in a very strong
position to continue to leverage our unique products and capitalise on our
successful business model.'
capa
- 15 Jan 2007 16:32
- 84 of 295
Up 16% at close, finishing on an intra day high, thats bullish I reckon.
Great stuff
capa
argos7
- 15 Jan 2007 16:47
- 85 of 295
what a day for rcg 15% up lots of sells near end of day but this was 10p at ipo 2 years ago and has a long way to go yet! As for P/e ratio rcg has been at pe of 8 for far to long, i am still hoping for 24 million pre tax profits in the final results on MARCH 15th. 5 here we come!