RCG Share Discussion Threads

[greek islander] 10/10/2012 12:55

Typo

In your dreams!

[dreggspicker] 10/10/2012 12:45

Happily I am not in that situation with this co, as I did get out with a small profit years ago, (it was more luck than judgement)
If they did jump back to life and you actually sold them at that point, then I would put it towards your capital gains for that year, and declare that, obviously from the price you have written off.
Not proper you understand, but it can be argued that it is of nominal value now, especially if you were unfortunate to have bought them for a £1+
imo etc, do your own research etc .........

But really do you think it will ever happen ?????????

[mister md] 10/10/2012 10:04

Well I'm sure theres a few directors who have earned fees for inactivity ;)

[smartmoney100] 10/10/2012 09:51

I understand people sometimes sell/buy 1 or a few shares to avoid 'inactivity fees'

[dreggspicker] 09/10/2012 19:03

capital gains, (or losses in this case) --- but there is no need (in my opinion)to sell if they are worth less than the dealing costs, just write them off in your books ...........

[robertfaulkner] 09/10/2012 17:40

The last deal I saw was 138 shares sold? Is it just bookkeeping, the £2 from the sale would be lost in the commission,(£8 to £20) so it would cost you money to sell that number of shares

[robertfaulkner] 09/10/2012 14:47

Up 56% today + 0.7p

[boros10] 04/10/2012 09:53

Luckily I got out of RCG in the 60s with a small profit once I realised what the Company was about.

I continue to follow with interest and to remind myself never to assume management integrity or rely on auditors, nomads or regulators to look after my back!

[greek islander] 04/10/2012 00:04

Yes Elban and nobody gives a damn - especially the financial authorities including AIM and the government. It has taken me such a long time to appreciate how bad it all is. You say CEO accountability is zero - they should be accountable to the point where shareholders/PIs can sue for misinformation. No chance!
RCG is so bad that AIM should be accountable for not taking acyion sooner - I say that AIM as an organisation should be charged with criminal negligence for the non action and passive attitude to companies like RCG that should have been in administration months ne years ago.
And we all stand by and let it happen.

[greek islander] 03/10/2012 01:10

They were and are a sh*t company. Re RCG they should have been hauled over the coals by AIM except that AIM is not just toothless but totally directionless and with a minimum amount of control.

[robertfaulkner] 02/10/2012 08:24

Are you Guys talking about the Investec not from March 08?

At least this was over 4 years ago.

The quote from the CEO was the other day after the HK police had raided the company

[greek islander] 01/10/2012 14:54

no not unbelievable - typical of Investec who are a sh*t company!!!!

[fenners66] 01/10/2012 13:00

Just read that Investec recommendation - unbelievable

[robertfaulkner] 01/10/2012 09:10

Still got a quote from Selftrade this morning

£100 would get me 5804 shares today

Or 100 shares would cost $14.01 (inc commission)

[robertfaulkner] 29/9/2012 17:37

Copied from news rns link dated 27 Sept 12


"Chairman's Statement
THANK YOU
I would like to take this opportunity to express my sincere gratitude to our shareholders, business partners and
customers for their continued support of RCG as well as to the Group's management team and staff for their tireless
dedication and efforts in developing the long term prospects for the Group.
Tan Sri Dato' Nik Hashim Bin Nik Ab. Rahman
Chairman
28 August 2012"


If anyone is bothered to read more of this rubbish (dated after the HK police had raided the company)

Go to www.rcg.todayir.com and click on pic of 2012 Interim Report

[melton john] 28/9/2012 22:30

Good post Yump.

[elban] 28/9/2012 00:48

Zangdook,

Show me one that I called down that actually rose??

RCG 70p - 1.5p
GNG 35p - 5p
VGM 200p - 40p (expect lower when the chinese deal proves non-existent)
SKR 35p - 4p
HAWK 30p - 5p
JLP 35p - 11p (lower tomorrow)
HMB 5.5p - 1.5p

[jwe] 27/9/2012 23:34

I feel that is grossly unfair.I suspect he has saved some who held here a great amount of money-not myself,I had sold out long before he became an uber bear

[robertfaulkner] 27/9/2012 19:16

Just checked the RCG trades today. None all day