Updates

RCG Holdings - Prospective PE barely 3 despite share price rise

November 2009

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.

RCG’s H109 results were better than expected with pretax profit up 14% to HK$374m (£32.3m) on sales up 31% to HK$1,294m (£111.6m). Normalised eps were up 21% to 16p (1% tax). RCG’s business is focused on the development and sale of biometric and RFID equipment in the areas of security access, surveillance, anti-counterfeiting, ticketing and management systems. It targets three key segments of the market; consumer products, enterprise products and solution projects and the period saw all three segments perform well albeit at different rates with the result that the change in mix/margin saw gross margin rise 1% to 51.2%.But, as always, the picture is as clear as mud with RCG, given its pace of acquisit ...

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Styles & Wood - Cash of Â£8.7m after debt for equity swap

RCG Holdings (January 2011)

RCG Holdings (May 2010)

RCG Holdings (February 2010)

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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