R.C.Group-Security Solutions & Biometrics products

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rivaldo - Mon, 01 Jan 07 :

Promethean, the trading statement was 16th Jan last year so I'll go for Monday 15th Jan this year...

Ta for that Masurenguy - all PR is good PR! For the record, here's the tip:

"GUY FELD, HARGREAVE HALE

I tip RC Group which, at 85p, has a market value of around £170m. RC is a Hong Kong-based IT products and services company focusing on the fast-growing area of biometric security. It designs, sells and installs security systems and networks using fingerprint access and facial recognition technologies. The shares have done exceptionally well since floating at 10p in mid-2004, and management has delivered better than expected earnings on many occasions. Global biometric revenues are projected to grow from $2.1bn in 2006 to $5.7bn in 2010, mainly driven by large-scale government programmes but also private-sector initiatives. Asia and North America are expected to be the largest global markets for biometric products and services.

The industries where biometric technologies are most commonly applied include law enforcement, government, financial services, gaming, hospitality, healthcare, hi-tech, telecom, retail and transportation. I believe this industry has substantial long-term growth potential, and RC Group appears well-positioned to exploit them."


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