.

Up 14% on AIM now, wonder if a few shorts are taking profits and getting out before results get a little bit too close for comfort, cause really, who wants to be short of a stock with net cash in the bank, growing, and on a PER (soon to be historic) of times 3.

http://www.rcg.tv/html/eng/about/newsroom/business_news/2009_details_3.jsp

RCG receives award from Motorola

19 Feb 2009

RCG Holdings Limited (HKEx: 802, AIM:RCG), an international provider of biometric and RFID products and solution services with a primary focus in the Asia Pacific markets, is pleased to announce that its subsidiary, RCG (Hong Kong) Limited has received a “Fast Growth Award 2008” from Motorola Enterprise Mobility Solution Division.

The award ceremony, held on 13 February 2009 in Xiamen, China, is an annual event aimed at recognising the growth of industry leading companies in the area of technology solution provider, RFID and wireless, which were also Motorola Enterprise Mobility Business Partners. RCG’s provision of RFID and wireless technology in its projects solutions segment utilising Motorola’s hardware and devices were exceeding expectations and so RCG won the award for its tremendous growth in terms of revenue among the companies joining the partnership program. Other award recipients included leading distributors and resellers in China.

Dato Lee Boon Han, Deputy CEO of RCG, said: “We are extremely pleased to have received this award from Motorola, as it signifies our successful business partnership. China has vast market potential for RFID and wireless infrastructure products and services provided by Motorola Enterprise Mobility Solution Division. The collaboration between our two organisations creates a win-win situation for both Motorola and RCG, and we continue to see future value as we both share the ongoing strategy of jointly penetrating this large market in China.”

Nice to see continued strength.

I think too many people have focussed on simply transfering and selling on the Hang Seng, and have not looked at it from an Asian funds point of view.

It was always said many Asian funds would not invest whilst this was just AIM, but they would if it was Hang Seng listed too.

Quite simply, if they buy in large quantities from AIM, transfer to Hang Seng, and hold on Hang Seng (no need to sell it), then they have "on paper" doubled their money in Q1 2009 performance charts, as the stock was purchased at AIM price, but is now held on the books at Hang Seng price after transfer (which for them is easy to do).

Which is why I believe the recent "strength" is quite simply that happening, for them there is no need to buy/transfer/sell. They can simply buy/transfer/hold.

And wait for the future, with an instant 100% gain on the holding on paper, which looks good in those "performance charts".

News out on the Hang Seng :


http://www.rcg.tv/html/eng/investor/investor_news/2009_details_12.jsp


Date of Board Meeting
25 Feb 2009

In compliance with Rule 13.43 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the board of directors (the ‘‘Board’’) of RCG Holdings Limited (the ‘‘Company’’) hereby announces that a meeting of the Board will be held at 1507, AIA Tower, 251A-301, Avenida Commercial De Macau, Macau SAR on Wednesday, 11 March 2009 at 2:00 p.m. to, amongst other matters, approve the publication of the final results for the year ended 31 December 2008 and consider the payment of a final dividend.


By order of the Board of
RCG Holdings Limited
Chau Pak Kun
Director

Hong Kong, 25 February 2009

Confirmed now, results on the 12th of March.

http://www.investegate.co.uk/Article.aspx?id=200902250700177751N


.

sp in Hongkong falls to HK$8.80

Yes, more and more are selling stock on the Hang Seng. So as more AIM stock moves over then their SP will fall to meet the AIM one.

However, the big driver for Hong Kong buying is coming soon, and thats the results, so in a couple of weeks the Hang Seng should be seeing lots more volumes of buys, and so, the price will rise on both AIM and HKEX

Some nice news today, the new HQ and Production Centre in Malaysia is finished. This should contribute to improving margins in later 2009 and 2010 onwards......all good for increase profits, or retaining profit levels in hard times, as you will note from the comment "substantial cost savings".......


http://www.rcg.tv/html/eng/about/newsroom/business_news/2009_details_4.jsp


RCG completes building development for new Malaysian HQ and production centre
27 Feb 2009

RCG Holdings Limited (HKEx:802, AIM:RCG), an international provider of biometric and RFID products and solution services with a primary focus in the Asia Pacific markets, is pleased to announce that it has completed the building development of the RCG Tower, the Company’s new office headquarters and production centre in Malaysia.

Located in Selangor Science Park, an area hosting high-tech industry in Malaysia and occupying a total gross floor area of approximately 18,960 square metres, the RCG Tower will house RCG’s factory, showroom, warehouse, after-sales service centre and head office. The Tower will replace RCG’s existing production and other facilities in Kuala Lumpur, centralising all Malaysian final assembly, R&D, after-sales and back office functions as well as the majority of administrative functions.

A handover ceremony was held on 20 February 2009 to mark the completion of the building development. Kuala Selangor Development Sdn Bhd, the building developer, presented a souvenir to RCG marking the completion of the building development. General Dato Seri Moh’d Azumi, Dato’ Lee Boon Han and Mr Lawrence Ying, members of the Board of Directors of RCG, represented RCG at the ceremony.

Mr. Raymond Chu, Chairman and CEO of RCG, said: "We look forward to moving into our newly developed and expanded headquarters in Malaysia. Our new facility will host administration, R&D and production under one roof and will help us improve the quality and reliability of our products and solutions and in the long run help us realise substantial cost saving."

Its good to see the Hang Seng volumes rising up as the price has neared the AIM price, obviously the internation arbritrages have done their job and purchased AIM and sold to Hang Seng.

There is only about 40% in the free float, and it seems that an ever rising amount is now on the Hang Seng, telling us stock is being moved over.

If you take it that now over 11% (of 40%) is now on the Hang Seng, and this figure has been rising steadily, thats proof.

You can check on this site searching for stock code 802

http://www.hkexnews.hk/sdw/search/search_sdw.asp

So, as we see, as the AIM price reaches parity with Hang Seng, so Hang Seng voumes rise, so lots of people previously not willing to buy on Hang Seng at a higher price are now willing to buy as the price reaches parity with AIM.

Still, results are just a couple of weeks away (confirmed 12th March) and we had a senior manager take up options, 400K of them, at 136p recently.

The outlook should therefore be very strong, and now we have parity, the prices should rise together on some good results.

The good thing about results is it will also "fill in" missing data on many Hong Kong financial sites, who are presently missing historic data etc.. as there have been no results from RCG on the Hang Seng. So once results are out, all the boxes will be ticked and people can very aware of the low rating RCG is on, which should be the sparks to light the fire of more and more demand from Hang Seng investors.

Not long to wait now.

Feb 2009 Newsletter just out.

http://www.rcg.tv/html/eng/about/newsletter/2009feb.jsp

A few highlights from it :

........M30 Securing Hong Kong Residents in Henderson Property

RCG has reached an agreement with Henderson on a new project contract to provide fingerprint door access devices at one of client’s new residential buildings located in Sh...............

............E-leave system debut at RCG Malaysia

RCG announces the debut of a newly developed web based e-leave system, which allows employees’ daily attendance update. Employees are also able to make leave application through the new web based system, while HR department will be able ...........


..........Safe-keeping of China Construction Bank’s Asset by RCG

China Construction Bank (CCB) has recently adopted RCG’s self-developed RFID asset management system. Being one of the leading banks in PRC, CCB offers comprehensive and professional services to its customers. In the meantime, its expanded business and asset management call for im.............

.............RCG ME Awarded New Project Contract from Sigma Pension

Based on the successful implementation of time & attendance system at the Code of Conduct Bureau in January 2009, RCG ME announces a new project contract has been signed via our distributor – Toplink (Tagged Technology) with Sigma Pension, Nigeria.

Sigma Pensions is one of the license..................



Thats just a few bits, so lots going on around the world, well worth a read of the newsletter.

Impressive move into a major new potential market.

http://www.investegate.co.uk/article.aspx?id=200903020700180540O

RNS Number : 0540O
RCG Holdings Limited
02 March 2009

RCG launches RFID solutions into the financial services sector

New clients include China Construction Bank and Bank of China

RCG Holdings Limited (HKEx: 802, AIM:RCG), an international provider of biometric and RFID products and solution services with a primary focus in the Asia Pacific markets, is pleased to announce that it has successfully launched its radio frequency identification ('RFID') technology into the financial services sector. The Company recently won contracts to supply and implement three technology solutions to improve on-site bank security and cashbox security, and to enhance customer experience for two of China's leading banks, China Construction Bank and Bank of China.

The contracts are part of RCG's growing portfolio of projects in Asia Pacific and the Middle East, which already cover the healthcare, transport, property, media, education, and entertainment industries.


Bank security

RCG, in collaboration with Hewlett-Packard (HP), has developed and deployed an IT Asset and Data Security Management Solution for the data centre of China Construction Bank ('CCB'). The first of its kind in the financial services sector, the solution combines location monitoring and tracking, data security and access control to improve security in the bank premises. It combines RFID technology in managing IT assets within data centre with real-time monitoring and visualisation capabilities. The solution incorporates secure access control measures into the system which enables the monitoring of authorised personnel in accessing data and eliminates data theft and tampering.

The system involves a specialised RFID antenna which RCG fully developed and the patent application for which is in process. The sophisticated solution has been designed to be highly scalable to a range of industry needs and adaptable to any data security requirements.


Customer experience

In addition, RCG has successfully implemented its VIP and cashbox management solutions at the Bank of China ('BOC'). RCG has developed its VIP Management Solution with the aim of improving user experience. As bank customers pass through the entrance, RFID readers identify the customer and alert customer relations managers so they can offer personalised banking service.


Cashbox security

RCG's new Cashbox Management System ensures the security of cashboxes at any stage of their transport between banks. The system utilises RFID technology to track and display individual cashboxes. It monitors and tracks the cashboxes being transported between locations and alerts the staff upon their arrival. The solution is also highly scalable and can be adapted for managing other assets in any industry. The system deployed at the BOC has been fully integrated with the bank's current operation, in particular the bank's existing customer relationship management programme. With the new system the bank can now improve its operation efficiency and security without additional efforts to adjust its core operations, while also enhancing its reputation by providing high-quality VIP service.

Raymond Chu, Chairman and CEO of RCG, said: 'We are delighted that we have successfully launched our pioneering RFID solution into the banking industry, and that two of the most prestigious banks in China have adopted our solutions. Our competitive project solutions are recognised by our banking industry clients as being ahead of current practice. We are also pleased to collaborate with HP in developing a solution that meets industry needs and exceeding their expectations.

We believe our pioneering RFID solution will set a higher standard for managing data security in the banking industry. We expect that we will redefine the standards in the adoption of RFID, one of the fastest-growing technology industries worldwide.

These developments are recognition of our efforts in providing highly value-added solutions for the Chinese banking sector. They show that we have been operating in the right vertical industry and we expect to continue to benefit from the rapidly growing Chinese market in the years to come.'

Noted by Zak Mir over at SC that RCG is heading for a "Golden Cross" moment with the 50 dma (red line) heading over the 200 dma (green line).

With results on the 12th of March being a key event, this could be one of those big moves up and Golden Cross...........

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.