R.C.Group-Security Solutions & Biometrics products

Merry Xmas everybody :o)) And according to this new article it certainly will be for RCG holders...note that the "prospective" earnings are about to become "historic" earnings in 11 days' time!



"21.12.2006 - Biometrics Boom propels RC Group.

As Stockmarkets around the World end 2006 at around recent peak levels, the hardest part of equity investment is the identification of sectors, particularly in mature economies, that still have plenty of growth ahead. If you look at areas that have served investors well over the last few years like oil, metals and commercial property, it is getting harder and harder to find real value with plenty of medium term growth potential.

One sector that we know for a fact is going to forge much further ahead over the rest of the decade is infrastructure and personnel security. Illegal immigration, terrorism and identity fraud are unfortunately not going to go away and billions are now being budgetted on ever more sophisticated systems to combat these threats.

Imagine, for example, a face recognition system where each video camera can automatically scan up to 100,000 faces against a database at the rate of 4 per second. That is just one of the ultra high tech options provided by the Hong Kong based biometrics company, RC Group.

6 months ago, most people didn't have a clue what biometrics even was - now it is all over the front of the newspapers. The UK, for example, is just one country resorting to the growing use of fingerprint and iris recognition to combat illegal immigration and terrorism on the pretext that traditional forms of ID such as passports are too easy to copy.

Small wonder that this market is set to more than double to $ 5.7 billion by 2010. We first mentioned the AIM listed RC Group in November when the share was 71 p but even at today's price of 87p, there looks to be lots more upside in 2007. Organic and acquisitional growth leapt by a staggering 350 % at the latest half year stage and, with house broker, Corporate Synergy, forecasting earnings of 7p for the full year, it is still possible to get aboard a company whose latest organic growth rate is 200 % at a mere 12.5 times prospective earnings.

Even allowing for the fact that the company is based in the Far - East, this looks like a clear underrating. You can read all about RCG at www.rcg.tv."