http://www.rcg.tv

This from 26th May the interest in respect of RCG's RFID involvement (with RFID forecast to grow from $300m to $2.8 billion by 2009):

http://www.growthbusiness.co.uk/expansion/26570/rfid-goes-mainstream.thtml

Small Extract of that article :

"The control of supply chains from manufacturer to wholesaler and retailer is perhaps the most obvious use but there are much wider applications. The key to RFID is imagination, ventures Raymond Chu, chief executive of AIM-listed technology group RC. If you consider a laptop computer in an office, for instance, you could use RFID to prevent theft, because as soon as someone tries to carry that computer beyond a certain point it would trigger an alarm or subsequently use GPRS to track its location.

To reiterate the flexibility of the technology Chu points out that RC has already won deals relating to evidence management, weapon management, visitors check-in, document tracking and car parking. Many familiar with the London transport system, meanwhile, will already be carrying around an RFID chip in an Oyster Card, as will anyone in possession of a ticket for this summers football World Cup."

June 2006, general RFID progress.

Extract from the article below :

http://www.dcvelocity.com/articles/20060601/news.cfm


..............RFID gains at Wal-Mart better than expected

For those impressed by the preliminary results of Wal-Mart's RFID pilot program, we have good news. The final results have turned out to be even better.

Early reports indicated that RFID had cut out-ofstocks by 16 percent in 12 Wal-Mart test stores. But in fact, RFID has resulted in a 30-percent reduction in out-of-stocks on average. And with items that sell at a rate of six to 15 units a day, RFID has cut out-of-stocks by a whopping 62 percent.

"The preliminary results released late last year were conservative by design in that we did not want to overestimate RFID's impact," says Bill Hardgrave, director of the RFID Research Center at the University of Arkansas. Hardgrave notes that results varied widely by item. For example, with extremely slow-moving items that sell one unit every 10 days, RFID made no difference. "Those items typically will not be out of stock," he says. "Similarly, RFID didn't make a difference for items selling greater than 15 units a day, since associates stay on top of those items" to make sure they're replenished.

The use of RFID technology at the retail level could help to solve a $69 billion headache for retailers. That's the dollar value of sales lost annually by the nation's top 100 retailers due to out-ofstocks, according to Kerry Pauling, Wal-Mart's vice president of information systems. "We really believe that RFID is a very viable solution," Pauling says, adding that studies show that out-of-stocks average 8.3 percent on a global basis.

More than 300 suppliers currently ship RFIDtagged products to Wal-Mart, which receives them at five distribution centers. Wal-Mart is scanning more than three million unique tagged items per week in its network. By the end of 2007, Wal-Mart will double the number of RFID-enabled stores to 1,000 and plans to involve more than 600 suppliers in the RFID initiative.

Though some retailers have begun tagging individual items, Pauling says he doesn't expect his company to get involved in item-level tagging any time soon, though he acknowledges that Wal-Mart does some item-level tagging by default with large items like HP printers. "We'll remain focused on tagging cases and pallets for the next few years," he says..................

AGM RNS and generla update:

Immediate Release: 7th June 2006

RC Group (Holdings) Limited

(the "Group")

AGM Statement

The Directors of RC Group are pleased to announce that at the Annual General
Meeting of the Company held today, all the ordinary resolutions put to
shareholders were duly passed.

Update on Trading for the First Half of 2006

The Board is also pleased to update shareholders that the first half of 2006
has been a period through which the Group has continued its evolution and
expansion. Through its three recently acquired and integrated businesses, the
Group has successfully launched a range of new and advanced biometrics products
and has, through the period, continued to build on its collaborations with
blue-chip partners. As a result the Board strongly feels that the Group's
prospects for growth have never been greater.

One area of particular progress has been with the Group's entrance into the
Middle Eastern market where its focused efforts in establishing increased brand
recognition and credibility have proven very successful. As a result of these
increased efforts, sales recorded in the region have trebled in the first half
of the year as compared to the Group's announcement in April 2006. With this
significant growth and success, the Directors are pleased to announce the
opening of its Middle East office. The office will form the main operational
base for the Group's expansion into the Middle East market and is expected to
be fully operational within the next three months.

The Board is also pleased to announce that the Group has continued to build on
its ability to collaborate and innovate on product development and has jointly
developed an intelligent security network ("ISN") with General Electric and
Sony. The ISN uses eight interconnecting modules and will be showcased by the
Group, General Electric and Sony at the upcoming Asian Securitex 2006 which
will take place from 7 June to 9 June at the Hong Kong Convention and
Exhibition Centre. The ISN is sustained by advanced biometrics, RFID, CCTV and
DVR technologies that capture, store, track, record, project and display
information via a monitoring station.

It is the belief of the Board that with this significantly enhanced value
proposition, it is the Company's intention to make every effort to extend its
leadership position in the industry.

For further information:

Dr. Raymond Chu/ Anita Chau

RC Group (Holdings) Limited

Hong Kong

00 852 3669 6999

Romil Patel/ Rhod Cruwys

Corporate Synergy

00 44 20 7448 4400



Andrew Tan

Hansard Communications

00 44 20 7245 1100



RC Group (Holdings) Limited is a leading international developer, manufacturer
and solutions provider in the biometrics and RFID technology industries, which
was listed on the Alternative Investment Market of the London Stock Exchange in
July 2004. The Group has an aggressive growth strategy with a clear focus on
developing new applications and revenue streams for global roll-out,
particularly in the security applications industry.

Excellent AGM statement there !!

Some background info on some of the things going on in the UAE :

http://archive.gulfnews.com/articles/06/04/04/10030477.html

I'm in this one too. Good growth stock.

PP, Good find from Gulfnews - interesting references to 'GPS' and 'technology to power their notebooks' ?? Clearly RCG are aggressively expanding their portfolio of services/products, which if cost effective bodes well for the future growth of this company. :-)

Can't make sense of the selling today. A Value share with good fundamentals:

Fundamental Information
Shares in issue(m) 135.26 Div per share(DPS)(p) 6.70
Market Cap(m) 933.33 Div Yield(%) 1.33
PE Ratio 8.58 Div Cover 6.43
Operating Margin(%) 30.59
Profit Margin(%) 30.59 EPS (p) 59.00
Turnover per share(p) 1.93
PEG Factor 0.06 ROCE 133.97
Fiscal Year End Date 31/12/05 Last Update 19/06/06

All I can think of is the China Factor?????

Shake down on SpreadBet closing day, thats all.

Expect it to rise back tomorrow as people can now buy March 07 SB's now that June 06 closed today.

Well PP, today's trading statement backs up my opinion of RCG as a real VALUE share, very good news:

Embargoed Release: 07:00hrs Wednesday 21st June 2006

RC GROUP (HOLDINGS) LIMITED

(`the Group')

Trading Statement

RC Group (Holdings) Limited, the leading international security systems
provider that specialises in the development, manufacture and distribution of
biometric identification and RFID technologies, is pleased to announce that the
Group has successfully built on its achievements from last year and
outperformed its targets this financial year.

As a consequence, the Group expects to report interim results significantly
ahead of market expectations.

Dr. Raymond Chu, CEO, commented:

"As reported in our AGM statement we are very pleased with the Group's
performance to date and are very happy to once again beat market forecasts."

-Ends-

For further information:

Dr. Raymond Chu/ Anita Chau

RC Group (Holdings) Limited 00 852 3669 6999

Hong Kong

Romil Patel/ Rhod Cruwys

Corporate Synergy 00 44 20 7448 4400

Andrew Tan

Hansard Communications 00 44 20 7245 1100

RC Group (Holdings) Limited is a leading international developer, manufacturer
and solutions provider in the biometrics and RFID technology industries, which
was listed on the Alternative Investment Market of the London Stock Exchange in
July 2004. The Group has an aggressive growth strategy with a clear focus on
developing new applications and revenue streams for global roll-out,
particularly in the security applications industry.

That is a lovely update SM !! :)

More Good News :)

Friday 23rd June 2006 RC Group (Holdings) Limited

RCG successfully enters Europe Market through distributorship and partnership with NSP Europe

http://www.investegate.co.uk/Article.aspx?id=20060623070000P9A8E

This Company gets better & better, as long as the expansion doesn't stretch them too much too quickly.

Latest armshare update extract below, full article on the site, link below :

http://www.armshare.com/index.php

".....................................A June update reported that the interim results to June 2006 are expected to be significantly ahead of market expectations.

Research Standing

Hard to find chinks in the armour.

The company broker's note dated dated 21st June projects EPS of 6.4p for 2006 and 7.4p for 2007 representing P/Es of 7.7 and 6.7 respectively based on the share price of 49.5p at 21st June..............."

belated link to a favourable write up in Citywire:

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=83586&re=219&ea=91399

RC Group (Holdings) Limited
18 August 2006

RC GROUP (HOLDINGS) LIMITED
('RCG' or 'the Group')



RCG ENTERS MAINLAND CHINA THROUGH AN EXCLUSIVE AGREEMENT WITH CHINA'S LARGEST IT
DISTRIBUTOR


RCG, a leading international provider of biometric identification products,
security and RFID systems, today announces its entry into the People's Republic
of China ('PRC') market. RCG and Digital China Holdings Limited, listed on the
Hong Kong Stock Exchange ('Digital China' and HKEx stock code 0816), the largest
IT products distributor in the PRC, have signed an exclusive distribution
agreement under which Digital China will become the sole reseller of RCG's
biometric products across mainland China.


Digital China's business spans the entire country with a comprehensive network
of 6,000 resellers and stores. Headquartered in Beijing, Digital China began
operations in 1980 and today has annual revenues of over RMB20billion
(GBP1.4billion). Under the terms of this agreement, Digital China will resell
RCG's high-end biometric products throughout the PRC.


Digital China is also a key distributor of RFID products and is experiencing
increased demand for RFID solutions. RCG, acting as Digital China's recognised
technology partner, will become its appointed RFID solutions provider throughout
the PRC.


The Directors expect that revenues from the PRC will have a substantial positive
impact on Group sales from 2007. RCG is setting up a flagship store in Beijing
and will recruit local staff for its new hub office in Beijing. To support the
development of the PRC market, RCG anticipates investing approximately GBP1m on
staff, sales and marketing during 2006 and 2007.


Dr Raymond Chu, RCG CEO, said:


'This is a very important strategic development for RCG and a highly
complementary deal for both parties. The agreement gives us immediate scale and
reach across the entire PRC market and a prestigious technology partnership with
one of the country's most respected companies.'


'With its technical expertise and high quality client base, Digital China is the
ideal reseller for our market-leading fingerprint and facial recognition
systems. I believe that RCG's skills and experience in RFID will significantly
strengthen Digital China's offering in this area. We are delighted to be
entering into this agreement with Digital China and look forward to a mutually
beneficial long-term partnership.


'The opportunity in the PRC is clear, with the economy growing approximately 10%
per annum, and with sales in biometrics alone forecast to grow to more than
US$1bn per year by 2010. However, for a specialist company such as RCG, finding
the right channel to market is essential for breaking into the PRC, and it is
for this reason, that we are particularly delighted with this agreement.'



Mao Xiangqian, Senior Vice President, General Manager of General IT Unit,
Digital China commented:

'We are delighted to partner with RCG who are pioneers in the biometrics, RFID
and security solutions sector. This is an ideal cooperation as we have a strong
distribution network and RCG has excellent products and advanced technology
know-how. Digital China will work closely with RCG to penetrate the biometric
and RFID industry in the PRC, providing the most advanced IT and security
solution to enterprise, home and individual users'.



-ENDS-

Growth strategy appears on track, the potential of this deal would seem very significant. I wonder if they will get any contracts related to the 2008 Olympic games in Beijing? Long Term Holder & this share pays a Divi too! :-)

a good point about the olympics i hope there some deals for rcg, i think this share will be worth 5 in 5 years easily.

RCG's Deal with Digital China is mentioned in the Times Business Section (Sat 19 Aug 06). :-)

This share is really starting to move up now, perhaps people are recognising the real value and growth potential of this company and the recent Digital China deal.:-)