Having checked the most recent P&L and cashflow statement( last 6 months)I have purchased 500,000 RHG for a trade. RHG is not only profitable it is cashflow positive with the big risk always being the roll over of its loans. Next big rollover is scheduled for October, although there is normally smaller amounts each month.
Hope to post on another tax loss selling situation in the next 24 hours. Another tax loss selling situation can be found in my favourites list today. Remember tax loss selling companies do carry high risk but can be very profitable short term trading situations.
Regards
Buffett
Ps No investment advice given on RHG, please do your own research
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