I don't know what your code should return, since it doesn't work on mIRC 6.x, but this is the new code, and it returns 08:30 PM.

Code:
alias rtime {
  VAR %realtime = $time(hh) $+ : $+ $time(nn) $time(TT)
  IF (%online == on) { SET %online %realtime }
  RETURN %realtime
}


dammit, too late frown oh well smile