PapalPower
- 03 Jun 2006 02:27
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!
zscrooge
- 18 Jan 2007 09:21
- 86 of 295
Buy rec in shares mag - better late than never.
capa
- 18 Jan 2007 14:52
- 87 of 295
Thanks zscrooge, seems to be having the desired effect
capa
argos7
- 18 Jan 2007 19:47
- 88 of 295
the shares mag tip was a good read apart from the funamentials...
pre tax profits in 2006 to be 15.7million, rubbish again i reckon nearer to 24 million as for 2007=17.9million from the analysts this figure has not taken the China deal into accounts humm only 14% growth for rcg between 06/07. 2007 profits I wont dare guess.......
argos7
- 18 Jan 2007 20:08
- 89 of 295
I just found this also good news...
LONDON, Jan 15 (Reuters) - Chinese fingerprint and facial recognition systems company RC Group Plc is targeting banks and airports for its security systems and said its 2006 results would beat market expectations, boosting its shares.
"We are currently in talks with one bank in Dubai and also with a couple of banks in China to deploy our security solutions for their banking services," Raymond Chu told Reuters in a telephone interview on Monday.
"With our systems, people go to the bank and just use their fingerprints or faces to get money out of the machine or do other banking services," Chu said, adding that the focus in 2007 would be to provide their products to the mass market.
"People might still be feeling more comfortable with using their debit or credit cards, but the technology is there to make things more secure and the fingerprint is your best friend," Chu said.
The firm, whose technology is also used to track newborns in hospitals and allow access to laptops via webcams, expects 2006 results to come in significantly ahead of expectations.
Corporate Synergy analyst Tony Lancelott raised his 2006 pretax profit and sales estimates by over 10 percent to 15.7 million pounds ($30.8 million) and 54.9 million respectively.
In 2005, RC made a profit of 4.4 million pounds while sales came in at 13.5 million.
The news lifted RC shares 7.8 percent to 97 pence, valuing the company at around 190 million pounds.
Chu is confident that biometrics will be used more and more in everyday life, as it facilitates procedures, provides greater security and "is fun".
"We think that the capability and the market to deploy biometrics on a massive scale is there," Chu said, adding RC was already targeting chain stores and health clubs in China.
Biometrics uses individuals' physical characteristics -- such as fingerprints, hand geometry, eyes or voice patterns -- to assist identification.
RC Group has also made progress in its target to provide its security solution to airports and airlines to strengthen security and smooth passenger journeys.
"We are in talks with five airports in China and two airlines in Asia," Chu said. Last year, the Hong-Kong-based firm ran a pilot project with an airline and two airports in Indonesia. ((Reporting by Kerstin Neuber, editing by Mike Elliott; Reuters Messaging: kerstin.neuber.reuters.com@reuters.net; e-mail: kerstin.neuber@reuters.com; phone +44 20 7542 1774)) ($1=.5103 Pound)
silvermede
- 25 Jan 2007 11:18
- 90 of 295
Buyers returning today. SP has bounced off the 9 DMA, consolidating well above the 100p level. Lots more to come with this stock. Happy to hold. :-)