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

they are listed on the AIM

worth looking into

Good luck

Hi peeyam, it was on down side from mid of Apr., have a sign climbing up again, interesting one. what is your suggested price to buy? or this one would up and down for a while b4 it goes north?

many thanks
swseun

Looks very interesting,thanks peeyam.Maybe will go sideways for a bit...what do you think?Liked the results,definitely a good tip.

RCG takes leading role at 'CIPATE', key forum for Chinese Security Market
Written by Tay Incekara
Friday, 20 May 2005
To support its current marketing efforts and maximize business opportunities in China, RCG, together with its JV partners, CBS and Pattek took a leading part in the recent China International Exhibition and Symposium on Police Equipment and Anti Terrorism Technology and Equipment ("CIPATE") held recently in Beijing.
CIPATE showcased the latest technologies in police alert equipment and protective devices. These included criminal investigation apparatus and technical products, precaution and warning systems against theft, video monitoring systems, explosion-proof and safety apparatus, anti-riot and safety inspection equipment, access control equipment and much more. A key aim for those attending was to enhance the security infrastructure for the upcoming 2008 Beijing Olympic Games.
The CIPATE not only offered RCG and its JV partners direct contact with its potential clients, but also a chance to demonstrate the Group's current groundbreaking developments in the security industry.
At the exhibition, RCG joined force with its JV partners and successfully launched three main lines of new products and solutions. These included the Biometric i4 Security Access Control, the Weapon Asset Management Solution featuring the latest RFID technology and Passenger Immigration Control featuring the latest biometric as well as RFID technologies.
The response from visitors was highly encouraging. It was particularly encouraging to see that Chinese government officials and senior police officers who talked to RCG were enthusiastic, giving RCG many positive comments and suggestions. This high level of interest has encouraged the Group to continue actively to explore the Chinese market.
RCG executives took the opportunity to meet senior colleagues of their close business partners, including GE Security Asia Ltd, Beijing Pattek, CBS technology and Ftec Resource Berhad. All parties agreed to join forces in tendering the best possible products and solutions for the vital security infrastructure needs of the upcoming 2008 Beijing Olympic Games. The parties agreed to form an alliance to work on the standardization of biometric and RFID technologies. Further details on this will be released soon.
Dr. Raymond Chu, Chairman of RCG and the Chairperson of the meeting, said, "The success of the exhibition and meeting reflects the awareness of the crucial importance of the security infrastructure for the Olympic games. The Group will reinforce its commitment to research and develop solutions using the latest technologies in security industry."
-Ends-
Enquiries:
Dr Raymond Chu, CEO
Anita Chau, COO
RC Group (Holdings) Limited
Tel: + 852 215 12888
http://www.rcg.tv

Anyone got a view on the rise today?

up 1p today as well :) (45p short term resistance point)

Now up 2p on the day but wish I knew what's driving this rise!! Any thoughts.

Just been canvassed to buy a load of these at around 38p. Worth it or has this been ramped?

in the short term its heading for the resistence of 45p, as mentioned b4. SWSUEN the best price to buy with hindsight would have been 32p when this post started, however assuming it is going to 45p still there are a few pence left in it.

The way this is motoring today seems like the 45p resistance will be reached by close of business, now 44p to buy - up 4p today.

Cant believe how quick this one has motored but security systems are paramount in this day and age

Blackbelt I agree with you, I guess most countries would adopt this technology in the coming year('s) for passports, ID cards etc.. Being one of the few companies in the market, these guys stand a decent shot at landing atleast 1 government contract.

Definately the global roll-out should provide massive revenue streams from a number of quarters, the Government has security high on its agenda ive been looking for a company like this to invest and am grateful for this thread eluding to this little gem........

up again today, guess it may test 45 today or tomorrow

I think another 10p to come. I'll sell at around 55p. Then buy in again on any drop.

If it breaks 45 its sure to plough on with TA.....Im hoping for a write up in Shares or IC help put this on the map a bit more.

my short term sell target = 65 and like regandjess will buy back for next rally to 1.50. i think the day traders and premium members here on moneyam and advfn would have started to note this share already since it may have already hit the constant gainers list. In which case we can see more buys.

Its moving along nicely now, would be nice to finish strongly holding on to a new high

WAs tipped this by friend in city house at 30p he seems to think 150% realistic target price especially with the chinese olympics coming up.And the amount of security from terrorism these days,i can only see an upside as they already pay a dividend.And as you see the company is in my view undervalued especially for the pottetinal of being one of the leadind providers in its product,and have just expanded into europe.

Some heavy trading today mostly buys over 200,000 price is ticked down to clear the overhang of stock due to the small cash call needed for expansion.

Ive just topped up this morning so I can capitalise on the next run up. Once the new shares are absorbed this is gonna fly IMHO.

Heavy buying again....this is about to start to motoring very soon!