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RC Group - Results to exceed forecast

March 2007

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.

  • Epic Code:
  • RCG
  • Price:
  • 115p
Last month we reported that RC had experienced significantly higher sales driven by the Middle East expanding particularly fast. Since then, RC has reported further positive momentum in the region by announcing three biometrics-based projects in the region for US$3.8m. One contract is to provide an (unnamed) UAE-based private bank with a fingerprint recognition security system for its 50 plus branches in Dubai. The other two include a biometrics time and attendance system for a humanitarian organisation and at an (unnamed) oil refinery training centre in Abu Dhabi. Gain since August ‘06: 135%. Hold ahead of results on 12 March. ...

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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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