RHG Group

RHG Group produced a $26m interim net profit, and forecast a full year profit of $39-$44m. But as the directors warned, ‘the mortgage book is in paydown and therefore future profits are expected to be materially lower’. A fully franked 4.5 cent dividend was declared (ex date passed), but the timing and amount of future dividends is still uncertain. While the investment case laid out in The final word on RHG from 16 May 11 (Hold – $0.48) remains on track, the remaining mortgage portfolio is filled with relatively risky borrowers that are unable to refinance elsewhere. Additional risks...

RHG Group produced a $26m interim net profit, and forecast a full year profit of $39-$44m. But as the directors warned, ‘the mortgage book is in paydown and therefore future profits are expected to be materially lower’. A fully franked 4.5 cent dividend was declared (ex date passed), but the timing and amount of future dividends is still uncertain.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Email is required.
Email must be a valid email.
Password is required.
First name is required.
Last name is required.
Mobile phone number is required.
You must accept the terms and conditions.

OR

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


OR

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
Discount -{{productDiscount}}
GST {{productGST}}
TOTAL   (inc. GST) {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Login or to reset your password, select Forgotten password

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


OR