Listing should expand Interest9 Feb 2009 18:52
On the 03 February Investec Securities posted up that figures beat its estimates and 45.3 million pounds is no mean figure. Quote : Shares in RCG Holdings jump 26.5 percent after the Hong Kong-based recognition software company issues a bullish trading update and says it has been given approval in principle for a listing in Hong Kong.
The company reports that 2008 attributable profit is estimated to be not less than HK$610 million (45.3 million pounds), with EPS at about HK$2.6 (19.5 pence)
Investec Securities, which keeps its 'buy' rating, says in a note that the figures beat its estimates, adding that 'we view this as a positive trading update and think the HK .'