Updates

RCG Holdings

January 2011

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Explaining the recent drop in the shares was a very ugly looking statement that emerged from RCG, which says that whilst sales in H2 will slightly exceed H1, margins in H2 have slumped to two-thirds of that achieved in H1. In particular, the consumer side has seen margins almost halve as the product mix has included more lower margin hardware. Meanwhile, the enterprise segment, which includes biometric products for commercial use, has seen margins fall one-third, as RCG has reduced selling prices to maintain market share. The solutions side, which sells bespoke systems, has also seen some implementation delays. RCG also said it is going to write off some of the goodwill on past acquisitions, recognising it has overpaid in some cases whil ...

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International Greetings - Prospective PE of 6 for year starting 1 April

Low & Bonar

RCG Holdings (May 2010)

RCG Holdings (February 2010)

RCG Holdings - Prospective PE barely 3 despite share price rise (November 2009)

RCG Holdings (April 2009)

RCG Holdings (February 2009)

RCG Holdings - Eps forecast of 17.3 (September 2008)

RCG Holdings (June 2008)

RCG Holdings - Multiple contract wins (April 2008)

RCG Holdings (March 2008)

RCG Holdings - Middle East boom underpins growth plans (February 2008)

RCG Holdings (January 2008)

RCG Holdings - H1 significantly ahead of expectations (August 2007)

RC Group - Record results (April 2007)

RC Group - Results to exceed forecast (March 2007)

RC Group - Gain since August tip: 139% (February 2007)

RC Group (November 2006)

RC Group - Forecasts upgraded (October 2006)

RC Group - Mainland China distribution deal (September 2006)

RC Group - Boimetric / RFID specialist (August 2006)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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