Member Info for Sandhopper

Did purchase another 10k @58.47p on the 21st, although they show it as a "sell". This share usually shoots up on or around the companies quarterly report (next due end Jan 2008) so thought I would take a punt, although I,m not adverse to holding this share for some time, especially with the current credit climate as it is.

I note that the s.p. of this stock on the ASX this morning was 5p higher than here on the aim, representing approx 8.5% !!!

Further to my last post, then I have had 2 more e-mails from the company (within minutes of me contacting them). Not only are they a fist class company, but they make the time to respond to a small shareholder such as myself, in the most courteous way, thanking us for bearing with them and supporting them whilst this court case is being resolved. Regular readers of this site will know I am a fan of this company, and even more so now - great PR as well as a 1st Class Company.

I contacted RCG about the court case - REPLY - "The Company has not been officially informed of the latest developments of the said legal case. Furthermore, since RCG is not a party to the case, we are not in a position to make any comment about the said case unless we have been officially notified. Please be assured that we will keep the market informed as soon as the Company is being officially notified of the new progress. Thanks Best Regards, KC Chong, Group CFO, RCG Holdings Limited"

Morning Chan, see you must be back from your trip. This train of ours seems to have had a spell in the shunting yard lately, but with the extra wagons (Company statement 19th Nov) it looks as it is laden with a prosperous cargo, and now back on track. The mm's obviously know the company will be making a trading statement in early December, which can only be a good one as usual I would think. Full steam ahead shortly hopefully. I am away for 9 days from early next week so will miss the company statement - have to wait until I get back, lets hope its an early xmas surprise !!

Chan, I'm sure you are right about the trading statement being good in early December, can't remember a bad one in the last 12 months. I will be away for 9 days from 04th December so just my luck to miss it, not that I intend selling. Did buy another 12500 today but missed the bottom and got in at 67p. Soon will have to notify the company of a major shareholding at this rate (ha-ha)

Hi Matis, I'm sure your patience will be rewarded, have faith with your original reasons for the investment. If you want to text your e-mail address to 07967 011474, then I will reply and dicuss the investment at any time.

matis, I had sent a reply to your last posting, but it looks as though it has not got there. However, first you must revisit the reasons you originally invested in RCG, asking yourself has anything changed, other than the share price that is. If your reasons are still the same, then relax, chill out, think of how you are going to spend your gains, and stay on board for the ride. If you are no longer comfortable with your investment, then you can get out at any time, there is nobody telling you that you must stay. However, if you have not sold your investment, then you have not lost any money, its just that its value is less at this moment in time. Remenber you only loose or gain money when you SELL. If you have any spare cash and you still like the reasons you originally bought, then you can always buy some more shares at this price, as this will help reduce your break even point.. I am sure there are many people out there who are feeling a little uncomfortable at the moment, especially those who bought at a higher price than you. Hope this helps, and you make your own right decision.

Chan - Theory, may we be getting near to a conclusion to the court case ??. Company (RCG) has not issued a trading update now for 11 weeks, and if you look back to the share news from the company, they have not left it this long to issue an update in order to keep the sp up. Could this be that they would like the sp to be on the low side if they wanted to make an offer of purchase to the new owner of the "willed" shares ??. Now the company could have already agreed a financing agreement with their bank / brokers, and the bank / brokers seeing the companys growth progress over the last 2 years would be quite happy to agree a deal. Just a thought, mabe I am way off track - what do you think ??

Chan / Crest - lets hope our "tickets" are one way now. Don't mind if it is a slow stopping train until the share ownership issue is cleared up, so long as it starts going forward after the stops. Don't want it to go back to yesterdays station again, even though I managed to get another 10k of shares there and packed them into the suitcase. Looking forward to the light at the end of the tunnel, unpacking some of the case to enjoy a nice sunny reward.

Hi Matis, In simple terms, The share price drop is pressumably down to the uncertain ownership of a large percentage of the company shares which were left to beneficiaries in the will of a big shareholder when they died earlier this year. As I understand it the will is being contested through the courts, and until such time as a final decision on the ownership of these share are made, then we can expect the sp to remain depressed. The lack of any information forthcoming from the company re the shares or of up to date trading possition is also another reason that the share price will remain depressed. When the company releases some good news on both the afore mentioned, then we should see the sp going in the right direction.

Hi Chan,yep,the miners are down again, and took the opportunity to top up on HOC as well today. Overall portfolio has dipped about 2/3K, but sure this is going to be a regular occurance for the next 6 months. I think every one who looks at this site regularly knows what we think of RCG. On the companies last interims they said they had made good inroads with the Chinese markets, so with Beijing coming up next year, not only with the Olympics, there is every opportunity for RCG to have many openings available to them, and I am almost sure we will see the result in their results for years to come.

Chan, you there ??. Well I didn't think we would see the sp as low as this again. Just had to treat myself to another 10k with the sp sub 81p. Just like to say thank you to the mm's for the opportunity of topping up, and if they take them down anymore then still have available funds. My pension fund is looking better with prices like this.

Hi Chan - Well what more can be said about this company - I am of the same opinion as you that this company is just waiting to project skywards like a November 5th Rocket. When the share issue is sorted, then that will be like lighting the "blue torch paper". Plenty of people will be dissapointed they have not had a holding when it happens. Have topped up again at 96.7 last week, and sure we will all be rewarded later. However, saying that, I'm sure I would like to keep hold of a good percentage of my holding as these will carry on going up for quite a while, and when the share issue is sorted, then I wouldn't be surprised if a much larger company will be showing an interest.

Chan I agree, so had a top-up of 7500 this morning @ 89.75p, but just tried again for some more showing @ 87.50p, but keep getting offered @88.81p. Will wait to see what happens

Just been on the Plus Market to see the trades and latest share price - showing MINUS 0.5p at 13-55pm

Hi Chan, yes timed my sell just right @ 114.52p but if they keep decending like they have been for the past few hours then I most probably will be buying them back, although I only sold as I am a bit "overweight" on these in light of the rest of my portfolio. As we've already basically mentioned, these guys have the expertise, the right product at the right time, an expanding client base. Wouldn't like NOT to have a holding when the issue over the share ownership is resolved and announced.

Well fellow RCG investors - what a good set of interim results, and the forcast for the next six months trading looks just as good from the companies announcement. But it must still be the share issue that is holding the sp down (only up 1.5p on the day as I write this). In the present "climate" I am sure most companies would like trading figures like this. I must admit I did sell 30% of my holding this morning at 114.52p, but didn't have any intention of selling any more as this is a company that has a good future. What are your views ??

Never got into CART, but did get into RCG when they were up to 141p, but over a period of time did get back to break even, then decided to sell until things settled down. Got back in again before the recent market slide, so was on a minus again, but with the sp this morning I'm at break even again with 50000 shares - looking forward to the 30th, but will not sell all as this is a company that is going to take off as soon as the share issue is settled I hope.

Yes, was in a lot higher, some in the 80p and also 70p bracket. Will need to get up to 41p to break even, unless like you said, to jump in and out and if timed correctly, then will not have to get up to 41p, but the art is knowing when is the right time - if we all knew that then we wouldn't find ourselves in this possition now. Good job I'm not desperate for the money, so I can afford to sit and wait. Lucky old me, this is the first big drop in sp I have had to encounter with any of my investments, so it was on the cards one would catch up with me at some time.