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
on guys, took 6 months longer but please to see the share hit my target of 1.50 - hope atleast someone benefitted from this post and good luck with the future - the co still is a buy - they have a new technology along the way, China 2008 if they secure a decent contract will be added boost
Rcg website update in the news section, nice video interview with chu about results weeks ago he seem like a good charactor. Share price has had a rough time of late moving to calmer watesr by the looks of it, my target of 250p by end 07!