PapalPower
- 03 Jun 2006 02:27
pumben
- 25 Feb 2007 22:35
- 98 of 295
Any chance of posting the article on the Sunday financial mail or a brief outline of the article
argos7
- 01 Mar 2007 17:51
- 99 of 295
rc group in shares mag again under security artcle i am surprised its not in the Aim 50 share group section yet, if someone could explain why and when this might happen please?
pumben
- 06 Mar 2007 23:17
- 100 of 295
Does anyone have a target price for this stock, short & long term ?
silvermede
- 09 Mar 2007 20:41
- 101 of 295
All time high reached today, Results on Monday.
argos7
- 09 Mar 2007 21:05
- 102 of 295
lots of sells the last 2 days in rcg at end of days, I am a bit concerned on these sells, result will be excellent 25 million? but I feel there may be more shares listed to expand RC group.
silvermede
- 10 Mar 2007 12:41
- 103 of 295
Everyone to their own, bought in yonks ago and sold half at over 100% other half in for the long term over 300% up already, but still a long way to go. I will hold these until first sign of weakness.
moneyplus
- 10 Mar 2007 14:36
- 104 of 295
Been in and out of these 3 times and done nicely after results I intend buying again on the inevitable pull back. Great company-seems a rosy future here.
queen
- 11 Mar 2007 19:13
- 105 of 295
moneyplus where do you reckon it could pull back to ?
silvermede
- 12 Mar 2007 07:45
- 106 of 295
Cracking set of results:
RC Group (Holdings) Limited
12 March 2007
12 March 2007
RC GROUP (HOLDINGS) LIMITED
PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2006
Strong results ahead of expectations - foundations laid for continued rapid
growth
RC Group (Holdings) Limited (the 'Group' or 'RCG'), a leading international
provider of biometric identification products, security and RFID systems, is
pleased to announce its Preliminary Results for the year ended 31 December 2006.
FY 2006 FINANCIAL HIGHLIGHTS
- Revenues grew by 299% to 61.8m (2005: 15.5m)
- Excluding acquisitions, organic revenues grew by 181% to 43.6m (2005:
15.5m)
- Gross profit increased by 263% to 30.1m (2005: 8.3m)
- Profit before tax increased by 308% to 19.6m (2005: 4.8m)
- Positive operating cash flow of 1.6m (2005: 0.2m)
- Normalised earnings per share increased 151% to 10.8p (2005: 4.3p)
- Dividend per share increased by 20% to 0.6p (2005: 0.5p)
FY 2006 OPERATIONAL HIGHLIGHTS
- Organic revenue growth driven by successful new product launches, including
S-series, FxAlert System, FxGuard Windows Logon & Fx SecureBook
- New customer wins included the A1 Malaysian team for the A1 Grand Prix and
Sunway Lagoon amusement park, Malaysia, Sharjah Charity International in
Dubai, one of the leading private banks in UAE, and oil refinery training
centre in Abu Dhabi
- New partnerships with Intel, Sony, Motorola and Digital China
- Strategic expansion into attractive Middle East, South Africa and
Chinese markets
- Board strengthened with appointment of Dato Lee Boon Han and Edric
Ackland Snow
- Promising start to 2007 with positive sales momentum, particularly in
Middle East
Dr. Raymond Chu, Chairman and Chief Executive Officer, said: 'I am delighted to
report another record year of revenue and profit growth. This was a landmark
period for RC Group, during which we succeeded in both further leveraging the
exciting commercial potential of biometrics and RFID applications into the
security, gaming, entertainment and transportation markets, and in strategically
diversifying into carefully selected geographical markets of exceptional
potential.
'We anticipate that our core markets of Southeast Asia, China, the Middle East
and South Africa will continue to be leaders in the adoption of increasingly
sophisticated security and access control products based on biometrics and RFID
technologies. The lucrative potential of early-adopter demand in these markets,
combined with RCG's highly attractive products, deep technical expertise and
successful business model gives us a great deal of confidence in our Group's
future.'
capa
- 12 Mar 2007 11:30
- 107 of 295
Great reaction to a great set of results
Miles ahead of forecast and optimistic about future, goodness knows where this is going but with this sort of growth, cash in bank, dividend, current p/e is way too low imo.
Buy and hold with the occasional add on any dips is the order of the day here I reckon. Those looking to get in on post results selling must be cursing today.
all the best
capa
Confidant
- 12 Mar 2007 12:45
- 108 of 295
moving away from ridiclously cheap to just fairly cheap given growth expectations, still difficult to complain
moneyplus
- 12 Mar 2007 13:08
- 109 of 295
Great set of results and well worth buying and holding as this company has a long way to go. The sp rise is higher than I expected but profit taking will pull it back in the next few days--I'm hoping to get back in around 120p but may take a while!
argos7
- 12 Mar 2007 13:19
- 110 of 295
what a day for rcg, massive share volume I dont expect this share price to fall back down to 120p now. RCG is in the limelight now at last. 20 million cash just sat in the bank hey, margins improving maybe 3 share price by the end of 07. I still think RCG will be one of the best performing shares of the year. HOLD
capa
- 12 Mar 2007 13:33
- 111 of 295
I too do not expect to see a drop to 1.20 but you never know.
Personally I am looking at adding at anything under 1.40
capa
argos7
- 12 Mar 2007 16:51
- 112 of 295
With 20 million in the bank i dont expect any shares to be issued to pay for further expanding, there are so many big sells again at the end of day today this is my only worry. Anyone take a guess as to it profits for 2007?
moneyplus
- 12 Mar 2007 18:51
- 113 of 295
I jumped back in at 148p as the price seemed to be holding up well and there should be some very good press comments in the next few days after results like this.
Big Ted
- 12 Mar 2007 19:03
- 114 of 295
damn, was going to buy when they dropped to 110p last week but was hoping for a tad more, hindsights a wonderful thing they say, who would have thought the figures would be this good...?
stockdog
- 12 Mar 2007 20:37
- 115 of 295
From my friend Donaferentes on the other side:-
Some one above suggested 15% per 6 months growth in EPS. One needs to take into account the increased weighted average number of shares to arrive at a more accurate figure.
For 2006, 19,132k net profits equated to 10.8p fully diluted EPS - weighted average shares in issue during the year 177.15m.
2006H2 net profits were 11,904k. Let's increase them by 15% 2007H1 and 15% 2007H2 = 29,433k total for year.
At the end of the year there are 194.9m shares in issue. Let's guess a further 20m are issued for acquisitions, option exercises and remuneration. The average number of shares in issue during 2007 will be 207,400,000.
So EPS for 2007 on this highly conservative basis will be 14.2p - an increase of 31.4%. On a PE of 15 X 2007 EPS (resulting in a PEG of 0.48) this gives an SP target of 213p. At 20 X 2007 EPS we get a target SP of 284p.
As ever, I would expect results to substantially exceed this modest target. 250p must be readily in our grasp over the next 12 months.
IMHO
WDIK
DYOR
PapalPower
- 13 Mar 2007 02:54
- 116 of 295
stockdog, you have to take into account a possible fall in earnings this year.
Potentially 2 years before they increase EPS again.........though perhaps just a 1 year period.........
The 12th March Investec Update is here :
http://www.ph.ed.ac.uk/~s9547654/RCGInvestec.pdf
.
stockdog
- 13 Mar 2007 08:10
- 117 of 295
PP - why would you imagine a 300% increase last year falls to less than zero this year?