.

sp HK7.25 will it fall further if Hang Seng falls on tuesday after disappointing results from HSBC?

Its worth reading the Hang Seng listing document, but for thos who cannot be bothered this is one highlight from it :

Full Document : http://www.rcg.tv/html/eng/about/newsroom/investor_news/images/RCG%20fullset%20Eng.pdf

Extracts :

Page 11

In light of the current global economic crisis, the Directors have been monitoring the trading and financial position of the Group. There has not been any material reduction or cancellation of the Group’s orders in the third quarter and fourth quarter of 2008 when compared with the corresponding periods in 2007. As at the Latest Practicable Date, the Group had not received any material cancellation of orders. The Company is also not aware of any of its existing suppliers or customers being in liquidation.

As at the Latest Practicable Date, the Group had not received any notice from its lenders in relation to an actual or threatened withdrawal of lending facilities, or for early repayment of outstanding loans or request for additional collateral.

The Directors will continue to monitor the Group’s financial position. In light of the above, the Directors consider that the trading and financial position of the Group in the near future will not be adversely affected in any material respect by the current global economic crisis.

pp you are ignoring market sentiment.

RCG is up.

Its now at parity with the Hang Seng and circa 66p a share.

And results are coming soon........wait until the results are seen by the Hang Send and Asian investors........and also wait for the directors to be able to buy stock too.

Interesting times ahead......... :)

Presently up on the Hang Seng at at 7.65HK$ levels = 70 pence.

http://www.google.co.uk/finance?q=HKG+0802

.

Checking on the Hang Seng, it now appears of the 40% free float, 12% is now registered on the Hang Seng, so the remaining 28% is still on AIM presently.

However, as each day passes more stock goes on to the Hang Seng, each day the percentage gets higher.

You can check on this web site : http://www.hkexnews.hk/sdw/search/search_sdw.asp

Searching for stock code 802

+++++++++++++++++++++++++++++++

60% of the stock is locked away by Offshore, Veron and the CEO (Full future) as per the main shareholdings :

http://www.rcg.tv/html/eng/investor/shares_information/index.jsp

Veron International Limited======64m=27.5%
Offshore Group Holdings Limited===62m=26.6%
Full Future Group Limited========18m=7.7%

The remaining 40% is what is on AIM/HS and so its presently 28% AIM and 12% Hang Seng.


We can know where the AIM weakness is/has been/could still be coming from, as it appears Blackrock Merrill Lynch are still selling, needing cash. If you look at their last holdings RNS, you will see the updated (24th Feb) information on the web site is a lower figure than the last RNS, so they have sold more since that RNS was out. They will next notify when they go below 3%, however, they can hold off this announcement for some time, meaning we will not know if they have 2.99% left or 0.01% at the time the holdings RNS comes out.

Roll on results...........12th March.
.

pp steady selling ahead of results?

Steady selling all along, which is why the SP went down to 30p levels, lucky there is a buyer too recently since the HK listing , and so the price is nice and stable between 60 to 70.

The big change is with results, and hopefully that will clear out Blackrock Merrill Lynch and by clearing out the seller, the price can move up a whole lot more and not be range bound below 100p anymore.

pp why is BML selling ahead of results next week when these results are supposed to be good? Are they stupid or do they kow something we don't?

halifax, BML have been selling for many months.

Its called "the credit crisis" and its why investment companies have been selling for many months many stocks and created the "stock market crash" that you see.

The markets go down if people sell, and lots of people and funds are selling, so markets fall.

The good thing is, in the face of BML selling, the SP is now going upwards and stable, which means someone else is buying.

If you had not noticed the headlines, I think you might find ML are in some "financial troubles" perhaps.............

A search today shows a jump on the Hang Seng from 12% of the 40% free float, to now 12.5%, so another 0.5% of the total shares in issue was moved from AIM to Hang Seng yesterday (or lets say the process completed yesterday, the transfer would have happened some time ago).

At this rate we should hit 20% Hang Seng / 20% Aim in a few weeks time (taking it that 60% are locked away with the big holders Veron/FF/Offshore).

People are saying "classic bullish pennant" on the charts, soon to be "golden cross" etc... but there is reason behind the TA.

A seller is selling and buyers are buying, creating a "pennant" at a higher value than the share previously was.

When the seller is cleared then yes, the SP should zoom upwards, so the "golden cross" could be completed.

Also we have results on the 12th March which could signal the buying to complete the bullish pennant and also the golden cross by clearing out the seller (who appears to be ML).

Once results are out, Asian investors have figures and outlook to base a decision to invest or not, directors and insiders can, if they want to, buy, and the company too can resume their share buy back programme.

All in all, fingers crossed and something not going wrong, yes, the outlook short and mid term is quite bullish for RCG.

Well its results week, and the week starts well on the Hang Seng, impressive volume and rising fast on the Monday morning in Hong Kong, lets hope this is due to more "outsiders" becoming aware of the potential in the results as they go through their approval process prior to release.

Roll on Thursday, lets see what Raymond has to say.

Good proactive move by the board.



http://www.rcg.tv/html/eng/investor/investor_news/2009_details_15.jsp


Letter to Shareholder

Q&A session on the day of results announcement

9 Mar 2009

Dear Shareholder,

In our effort to further improve communication with our shareholders, we would like to propose a Q&A session to be added into the preliminary results presentation on the day of results announcement. Similar to last year, we will be audiocasting the preliminary results presentation, and will allocate a slot for Q&A at the end of presentation.

If you send us your top few questions on email to ir@rcg.tvon or before 8 am on 12 March 2009 UK time, we will select and combine the frequently asked questions (FAQs) from the questions received on a no-names basis, read-aloud and answer them during the audiocasting.

You will be able hear our answers from the audiocast which we will publish in the investor relations section of our website within one week from the results date. Due to limited time and the possibility of receiving a large number of questions, we can not guarantee that we can answer all of your questions however we will carefully select questions repeated by many shareholders.

We are looking forward to receiving your email and thank you for your continued support of our Company.


Yours truly,

Anita Chau
Deputy Chairman and COO



For further information:

RCG Holdings Limited
Anita Chau, Deputy Chairman & COO
KC Chong, Chief Financial Officer
Tel: 852 3669 6999
kcchong@rcg.tv

Media enquiries:

Abchurch Communications Ltd
Chris Lane / George Parker
Tel: +44 (0) 20 7398 7719
george.parker@abchurch-group.com

Some positive momentum building ahead of results.

halifax, have you just purchased again ?

You appeared to go negative the past couple of weeks, and now positive again, you did not sell at 60p and buy back at 70p today did you ? ;)

pp have been back in for sometime and have recently topped up.

Added the Hang Seng RCG chart to the header for info.

pp with the HK$ pegged @7.8 to the US$ as GBP falls against the US$ RCG's sp in stg should rise.

last chance to get in before results on thursday!

PDF format here as released to the Hang Seng market, the AIM announcement will be at 7am UK time today.

http://www.hkexnews.hk/listedco/listconews/sehk/20090312/LTN20090312005.pdf


Looks fine, dividend has been put up 200%, and rightly in my view in this enviroment in scrip.

Cash generation from operations is strong.

EPS works out at over 25p.

Still growing strong.

Cash generated from operations is sufficient to fund the expected growth for the year ahead.

Larger amount of enterprise/solutions revenues in the second half as they reduce reliance on the consumer market.

Ended the year with net cash in the bank of around 12m pounds (thats after the new office and plant in Malaysia costs, buying the remaining stake in Chance Best and the increased stake in Vast Base).


Going forward 2009 should see :

Major contribution from Vast Base in 1st half and 2nd half - this should be the proof in the pudding of the purchase cost.

Major cost savings from the new Malaysian base kicking in in the 2nd half.

On the downside an increase in tax rate will happen due to the Hang Seng listing.

On the downside the move into higher weighting of enterprise/solutions will see higher demands on working cap, as is already being seen, but they remain confident that the cash generated from operations is sufficient, on the upside of that should of course be higher margins.



In basic you get a cash generative growing business with cash in the bank of 12m pounds and all for a PER of under times 3.

Not many of them about in the current climate.

Given the results and looking into the details I remain very bullish about RCG, and especially into the short term, I think that there will be perhaps a stunning performance from Vast Base in the 1st half of 2009, and the interims are really going to be special, thats just my opinion.