.

Thinks its going to be mid-March.

Allow time for HK institurions and brokers to extract stock from AIM, transfer over to Hong Kong......and then be ready to feed lots of new buyers on excellent results.

This will help even up the 2 exchanges, as less stock will be on AIM.

pp tks, do you know what the free float is ignoring Madam Wang's estate shareholding?

Presently I would guesstimate its around 40%, and most of that on AIM.

What we need, and what hopefully happened last week, is Hong Kong brokers and institutions started buying on AIM, and will be, in the coming weeks, transferring it over to the Hang Seng.

The price differential makes it good business for them, and with results mid-March, there should be plenty of buying demand to sell it into.

From the South China Morning Post - looks like RCG is getting some media attention both here and in Hong Kong/China.

Very interesting to get the news from the other side of the globe Proselenes - thanks!

Some industry news on the RCG site :


http://www.rcg.tv/html/eng/about/newsroom/industry_news/biometrics/2009_details_11.jsp

Over 60 countries issuing e-passport

15 February 2009, 23:00:00

By the end of 2008, over 60 countries have been issuing e-passport. The issuing of new e-passports was the initiative to replace existing travel documents in order to store additional information such as digital photographs and biometrics. The first country that issued e-passport was Malaysia in 1998, with other countries following in 2004. The last country to issue e-passport was Taiwan on 30 December 2008. Looking into 2009, a number of countries had already announced their initiative of issuing new e-passports, including: Canada, Croatia, India, The Philippines, Israel, Botswana and South Africa. New projects involve replacement of traditional passports, upgrade of existing e-passports to include biometric information and performance optimization. It is expected that more countries will adopt e-passports containing biometrics in the near future for improved border security. Source: findbiometrics; 2009 ePassport status: 60+ countries now issuing (30th December, 2008)


http://www.rcg.tv/html/eng/about/newsroom/industry_news/biometrics/2009_details_10.jsp

Airport in 2016 is a combination of Mobile Communications and biometrics

15 February 2009, 23:00:00

Gadling, a website specializing in travel-related news has featured an article on the prediction of future airports. The author believed that biometrics and Near Field Communications (NFC) will be the dominant technologies, whereas biometrics is for airport and border security, NFC is for boarding passes embedded to mobile phones. Fingerprints and Iris recognition technologies are expected to dominate in airports for more convenient measures for border security. The author predicted that mobile phone boarding passes will undergo trials in 2009, whereas the fundamental infrastructure will be ready by 2011. The nationwide biometrics database may be realized at a later date, but larger projects in biometrics may be readily initiated by the private sector for more convenient authentication for checkpoints. Source: gadling; The future at the airport involves your phone, fingers and eyes (December 26th, 2008)


http://www.rcg.tv/html/eng/about/newsroom/industry_news/rfid_news/2009_details_11.jsp

RFID for monitoring glass bottles manufacturing

15 February 2009, 23:00:00

There has been an initiative in Britain to encourage manufacturers to lighten the load of the glass bottles used for food and beverages. The Waste andamp; Resources Action Programme caused problems to the manufacturers as glass bottles may break as a result of less glass used. RFID technology was adopted to solve the problem and the solution was introduced and provided to manufacturers which intend to follow the initiative. An RFID chip with sensors was placed in a glass bottle throughout the manufacturing process. As the bottle passed through various checkpoints, staff with the hand-held interrogators extract information from the RFID chip and the data was sent back to a centralized database for further analysis. The pressure, impacts and temperature experienced by the tagged bottle were monitored. Weak points were easily identified and the process can be further optimized to achieve a balance between breakages and efficiency. Source: rfidjournal; Smart Bottles Reduce Glass Breakage (Dec 29th, 2008)


http://www.rcg.tv/html/eng/about/newsroom/industry_news/rfid_news/2009_details_12.jsp

Jewellery retailer adopting RFID for security

15 February 2009, 23:00:00

A Jewellery retailer in India has recently completed a trial for the use of RFID to enhance security and improve inventory management for their products. Passive RFID tags were used for less expensive products and active RFID tags were used for luxurious items. RFID readers were installed within the store located in New Delhi for regular monitoring of store inventories. As part of the infrastructure, readers were installed in both the ceiling and under the floor at the exit. It will alert the store owner if the tags were removed, disabled or positioned out of range via email or text message. 100 percent security was said to be achieved by using RFID in the store, error rate was also minimized as a result of better visualization of inventory status. After the success of the trial, the company expects to adopt RFID for tracking in all of its stores located in other parts of India. Source: rfidjournal; Indian Jeweler Seeks 100 Percent Security From RFID (Dec 30th, 2008)

Posted by Tom Winnifrith at SC that Lucian Miers went short on RCG at 80p. He is happy to hold the short position as he feels the buzz will die down and many will sell asthe price stabilises and does not immeadiatly catch up with Hong Kong.

Well, I am happy to hold, knowing that results are coming in mid-March, and around 20p earnings are on the cards, along with a raised dividend and the potential that the share buyback will restart, and they will be buying shares from AIM, knowing later than issue on Hang Seng doing a......buy low, sell high.

Also, if Lucian and many others are short......I think they are also not stupid, and if the price fails to fall back much, they will be rushing to buy back before mid March gets near, in fear of results.

Enjoy.

pp interesting LM is short AND EK is long!

A few people have been asking how you trade stock in Hong Kong. Well, its quite simple, you open a trading account and fund it and trade shares. Obviously once your set up it makes any transfer process easier if you did want to send stock from AIM to Hong Kong.

I used to have accounts with HSBC and Hang Seng bank in HK, but have long since closed them down as most people did before 97 as the good times ended.

If you want to open an account in Hong Kong, you can, their banking system is quite open, only used to need a passport copy and away you go.

You can try looking at : http://www.hangseng.com/hsb/eng/home/hse.html

This will allow you to set up a Hang Seng Bank account, and likely all the "e-banking" and "e-trading" you want to.

Once you are set up, then you have a contact for which to send your AIM shares to, once you go through the proper process.

Have not done it myself, simply I am lazy and cannot be bothered, but I am sure it easy to do, opening accounts in Honkers was also easy, as was Singapore......it had to be easy, there is a lot of cash that finds its way into the Honkie and LaLa land bank accounts from rich Asians wishing to not have money in an account in their home country...........nudge nudge wink wink...... :)

I put this post on TMF :

http://boards.fool.co.uk/Message.asp?mid=11447249&sort=whole


I see in Hong Kong the price is up 20% today and trading around 129p levels. One key indicator for me amid all the talk is the simple fact a senior manager excercised options (400K of them) at 136p last week.

Insiders are nearly always the best indicator of the future, and if this bloke was happy to invest over half a million pounds (straight into the bank account of RCG) for options at 136p last week on the Hang Seng, then I am happy too.

As in my TMF post, shorters imv have been in control due to the spike and the market turmoil of the recent days, but they have to buy back at some point :) and then watch them chase the price upwards to close.

Up 14% on AIM now, wonder if a few shorts are taking profits and getting out before results get a little bit too close for comfort, cause really, who wants to be short of a stock with net cash in the bank, growing, and on a PER (soon to be historic) of times 3.

http://www.rcg.tv/html/eng/about/newsroom/business_news/2009_details_3.jsp

RCG receives award from Motorola

19 Feb 2009

RCG Holdings Limited (HKEx: 802, AIM:RCG), an international provider of biometric and RFID products and solution services with a primary focus in the Asia Pacific markets, is pleased to announce that its subsidiary, RCG (Hong Kong) Limited has received a “Fast Growth Award 2008” from Motorola Enterprise Mobility Solution Division.

The award ceremony, held on 13 February 2009 in Xiamen, China, is an annual event aimed at recognising the growth of industry leading companies in the area of technology solution provider, RFID and wireless, which were also Motorola Enterprise Mobility Business Partners. RCG’s provision of RFID and wireless technology in its projects solutions segment utilising Motorola’s hardware and devices were exceeding expectations and so RCG won the award for its tremendous growth in terms of revenue among the companies joining the partnership program. Other award recipients included leading distributors and resellers in China.

Dato Lee Boon Han, Deputy CEO of RCG, said: “We are extremely pleased to have received this award from Motorola, as it signifies our successful business partnership. China has vast market potential for RFID and wireless infrastructure products and services provided by Motorola Enterprise Mobility Solution Division. The collaboration between our two organisations creates a win-win situation for both Motorola and RCG, and we continue to see future value as we both share the ongoing strategy of jointly penetrating this large market in China.”

Nice to see continued strength.

I think too many people have focussed on simply transfering and selling on the Hang Seng, and have not looked at it from an Asian funds point of view.

It was always said many Asian funds would not invest whilst this was just AIM, but they would if it was Hang Seng listed too.

Quite simply, if they buy in large quantities from AIM, transfer to Hang Seng, and hold on Hang Seng (no need to sell it), then they have "on paper" doubled their money in Q1 2009 performance charts, as the stock was purchased at AIM price, but is now held on the books at Hang Seng price after transfer (which for them is easy to do).

Which is why I believe the recent "strength" is quite simply that happening, for them there is no need to buy/transfer/sell. They can simply buy/transfer/hold.

And wait for the future, with an instant 100% gain on the holding on paper, which looks good in those "performance charts".

News out on the Hang Seng :


http://www.rcg.tv/html/eng/investor/investor_news/2009_details_12.jsp


Date of Board Meeting
25 Feb 2009

In compliance with Rule 13.43 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the board of directors (the ‘‘Board’’) of RCG Holdings Limited (the ‘‘Company’’) hereby announces that a meeting of the Board will be held at 1507, AIA Tower, 251A-301, Avenida Commercial De Macau, Macau SAR on Wednesday, 11 March 2009 at 2:00 p.m. to, amongst other matters, approve the publication of the final results for the year ended 31 December 2008 and consider the payment of a final dividend.


By order of the Board of
RCG Holdings Limited
Chau Pak Kun
Director

Hong Kong, 25 February 2009

Confirmed now, results on the 12th of March.

http://www.investegate.co.uk/Article.aspx?id=200902250700177751N


.

sp in Hongkong falls to HK$8.80

Yes, more and more are selling stock on the Hang Seng. So as more AIM stock moves over then their SP will fall to meet the AIM one.

However, the big driver for Hong Kong buying is coming soon, and thats the results, so in a couple of weeks the Hang Seng should be seeing lots more volumes of buys, and so, the price will rise on both AIM and HKEX

Some nice news today, the new HQ and Production Centre in Malaysia is finished. This should contribute to improving margins in later 2009 and 2010 onwards......all good for increase profits, or retaining profit levels in hard times, as you will note from the comment "substantial cost savings".......


http://www.rcg.tv/html/eng/about/newsroom/business_news/2009_details_4.jsp


RCG completes building development for new Malaysian HQ and production centre
27 Feb 2009

RCG Holdings Limited (HKEx:802, AIM:RCG), an international provider of biometric and RFID products and solution services with a primary focus in the Asia Pacific markets, is pleased to announce that it has completed the building development of the RCG Tower, the Company’s new office headquarters and production centre in Malaysia.

Located in Selangor Science Park, an area hosting high-tech industry in Malaysia and occupying a total gross floor area of approximately 18,960 square metres, the RCG Tower will house RCG’s factory, showroom, warehouse, after-sales service centre and head office. The Tower will replace RCG’s existing production and other facilities in Kuala Lumpur, centralising all Malaysian final assembly, R&D, after-sales and back office functions as well as the majority of administrative functions.

A handover ceremony was held on 20 February 2009 to mark the completion of the building development. Kuala Selangor Development Sdn Bhd, the building developer, presented a souvenir to RCG marking the completion of the building development. General Dato Seri Moh’d Azumi, Dato’ Lee Boon Han and Mr Lawrence Ying, members of the Board of Directors of RCG, represented RCG at the ceremony.

Mr. Raymond Chu, Chairman and CEO of RCG, said: "We look forward to moving into our newly developed and expanded headquarters in Malaysia. Our new facility will host administration, R&D and production under one roof and will help us improve the quality and reliability of our products and solutions and in the long run help us realise substantial cost saving."

Its good to see the Hang Seng volumes rising up as the price has neared the AIM price, obviously the internation arbritrages have done their job and purchased AIM and sold to Hang Seng.

There is only about 40% in the free float, and it seems that an ever rising amount is now on the Hang Seng, telling us stock is being moved over.

If you take it that now over 11% (of 40%) is now on the Hang Seng, and this figure has been rising steadily, thats proof.

You can check on this site searching for stock code 802

http://www.hkexnews.hk/sdw/search/search_sdw.asp

So, as we see, as the AIM price reaches parity with Hang Seng, so Hang Seng voumes rise, so lots of people previously not willing to buy on Hang Seng at a higher price are now willing to buy as the price reaches parity with AIM.

Still, results are just a couple of weeks away (confirmed 12th March) and we had a senior manager take up options, 400K of them, at 136p recently.

The outlook should therefore be very strong, and now we have parity, the prices should rise together on some good results.

The good thing about results is it will also "fill in" missing data on many Hong Kong financial sites, who are presently missing historic data etc.. as there have been no results from RCG on the Hang Seng. So once results are out, all the boxes will be ticked and people can very aware of the low rating RCG is on, which should be the sparks to light the fire of more and more demand from Hang Seng investors.

Not long to wait now.

Feb 2009 Newsletter just out.

http://www.rcg.tv/html/eng/about/newsletter/2009feb.jsp

A few highlights from it :

........M30 Securing Hong Kong Residents in Henderson Property

RCG has reached an agreement with Henderson on a new project contract to provide fingerprint door access devices at one of client’s new residential buildings located in Sh...............

............E-leave system debut at RCG Malaysia

RCG announces the debut of a newly developed web based e-leave system, which allows employees’ daily attendance update. Employees are also able to make leave application through the new web based system, while HR department will be able ...........


..........Safe-keeping of China Construction Bank’s Asset by RCG

China Construction Bank (CCB) has recently adopted RCG’s self-developed RFID asset management system. Being one of the leading banks in PRC, CCB offers comprehensive and professional services to its customers. In the meantime, its expanded business and asset management call for im.............

.............RCG ME Awarded New Project Contract from Sigma Pension

Based on the successful implementation of time & attendance system at the Code of Conduct Bureau in January 2009, RCG ME announces a new project contract has been signed via our distributor – Toplink (Tagged Technology) with Sigma Pension, Nigeria.

Sigma Pensions is one of the license..................



Thats just a few bits, so lots going on around the world, well worth a read of the newsletter.