RCG Share Discussion Threads

[melton john] 29/5/2012 11:28

Could be a goldmine.

[mr roper] 29/5/2012 10:59

lol.. that would be priceless.. not sure it fits with RCG's acqusition strategy though...Geong is far too normal a name.. if it was called "Vast Chance Lucky Geong Spartacus Gold Base".. i think they'd be interested...

[christianf12] 29/5/2012 10:40

Some numpty posting this on various threads about GNG

heavyvolume 29 May'12 - 10:37 - 107864 of 107864

GNG,

Rumoured approach from RCG holdings 25-30p

Best ignored imo

[melton john] 29/5/2012 06:48

An over-reaction perhaps Verulanium, but somebody has to make a stand. This isn't the LSE board, we still have some standards. ;-)

(for the record, nothing against Blummers, the offending post from fastbucks has been deleted. Pity they can't recognise repeat posts and delete them automatically, some days seem to spend more time filtering than reading.)

[verulamium] 28/5/2012 23:39

Blimey Melton, that's the harshest response to a full stop that I've ever seen. Thank goodness Blummers didn't post a semi-colon ;-)

[robertfaulkner] 21/5/2012 22:33

Just seems to be slowly disappearing into the Honk Kong parking lot of there new instant hesd office, quiet sad really.

[robertfaulkner] 03/5/2012 18:47

Verulamium, my wife is from HK and we uaed to go there quiet a bit, Sha Tin where the other racecourse (horse racing) is very popular and to be fair there is a massive Science Park there.

Probably RGC are in an unused stable, as to moving the phone number, I can't be sure but HK is so modern I can't believe you can't move your phone number anywhere, but I stand to be corrected.

As to 4 rooms, a lot of offices are rented out by the desk space with the other rooms for meetings (at extra charg per hour) etc

They would need a big car park to hold the AGM's in

[verulamium] 03/5/2012 10:21

According to google maps the old and new offices are 26km apart, so not that unusual to have to leave the phone number behind. A whole 4 rooms - business must be booming.

Strange that they've moved to Sha Tin. Perhaps it's a mistranslation of Sha Ton. Lai Street's quite apt too...

[robertfaulkner] 03/5/2012 08:11

Can you imagine moving the electric kettle to a new room, as the move to new main offices in Hong Kong, but not being able to take your phone numbers with you?
I suppose if you have done a bunk without paying your bills inc your phone bills you can't get the phone number moved.

HK is where the shares are registered (or are still today)




2 May 2012
RCG Holdings Limited
("RCG" or the "Company" and together with its subsidiaries, the "Group")
Change of Principal Place of Business in Hong Kong
The board of directors (the "Board") of RCG Holdings Limited (the "Company") announces that the principal place of business in Hong Kong of the Company has been changed to Room 626 - 629, Corporation Park, 11 On Lai Street, Sha Tin, New Territories, Hong Kong with effect from 2 May 2012. The telephone and facsimile numbers of the Company have been changed to [phone] and [phone] respectively.
- Ends -

[boadicea] 02/5/2012 13:11

The increase merely reversed a drop that had occurred shortly before but was not deemed worthy of comment.
Logical, I suppose.
Drops are considered normal for RCG.

[billthebank] 01/5/2012 00:04

Unusual price & volume movement????????????!!!!!!!!!! WHAT!!!!!!!

[edmundshaw] 30/4/2012 19:14

GI try here for example...



...still about.

[apppp] 26/4/2012 14:23

Looks like GNG is going down the sh*tter also

[tommyjnewton] 26/4/2012 11:19

I also remember buying and selling at a profit some years back. I was lucky.
Maybe people should write to AIM about this appalling company. The credibility of AIM is shot to pieces by outfits like this.

[greek islander] 25/4/2012 13:29

BY THE WAY WHATEVER HAPPENED TO wILLIEMANJARO?

[greek islander] 25/4/2012 13:28

GHF
Crock of.............? WORSE THAN THAT

I was checking my old dealing records and one of my sales (top slicing) RCG for over 90p brought me in a profit of almost 150%. Those were the days when I held £50-60k average. Thank heavens I managed to escape well over a year ago relatively unscathed.

How come this criminal fraudulent company is being allowed to trade on AIM still and even complete acquisitions? It is mindblowing!
It just shows what a croc of sh*t AIM is!!! Talk about being a regulatory body!

[biggest bill] 24/4/2012 11:49

The amazing thing is that this company is still valued at £25m. I thought that the company would be gone by now or valued at effectively nothing.

[glasshalfull] 23/4/2012 17:42

To think that I was invested it his crock of sh£? !!!

Acquisition of....wait for it...Most Ideas

Without looking at the details I reckon there is a pattern emerging with the naming convention of most of their acquisitions; Vast Base, Chance Best, Stong Aim, etc.

Next acquisition (if they survive any longer) will be "Nae Luck"(for any remaining shareholders).

It amazes me how these are still listed. surely Hong Kong and AIM have had plenty of time to come to the conclusion which most investors came to some years ago, namely that this is all "Smoke and Mirrors"....LOL, I've stumbled across the potential name for a future acquisition ;-)

Regards,
GHF

[fft] 23/4/2012 16:25

oh dear. Looks like potential for some dodgy accounting ahead :-

MGI Year ended 31 December
2011 2010
HK$'000 HK$'000
Turnover 6,529 5,295
Profits before taxation 1,070 517
Profits after taxation 893 432
Net assets 1,348 455


MGIE Year ended 31 December
2011 2010
HK$'000 HK$'000
Turnover 3,949 1,021
Profits before taxation 3,510 285
Profits after taxation 3,299 285
Net assets/(liabilities) 1,936 (1,363)

Just how do you have a turnover of 3.9m, and have profits of 3.5m, unless of course the directors arent being paid and are earning money through dividends (and other costs have been rolled over to the next year). When the dividends are converted into salaries (as i am sure they will be) etc, the profits could easily vanish....

Is this the last throw of the RCG dice - having sold vast base and easy money (or something like that) for nothing once they had served there purpose.