RHG rhg limited
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its not the balance sheet

  1. buffett
    3,309 Posts.
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    24/07/08
    10:18
    Post #: 4028805
    The secret to RHG is not the balance sheet but in the P&L. While in running down its loan book it continues to make very good margins considering there no longer is any marketing costs etc. Only small staff costs to collect loans.
    Big concern in the short term will be the traders who will probably ramp the stock for a few days before dumping & possibly bring the stock lower than current price.
    Regards
    Buffett
    RHG Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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