Genetec - A baby step

Genetec - An update on Trade Receivable Collection from Management

Genetec A baby step
Publish date: Fri, 27 May 2022, 07:13 PM
Start small, dream big, and take those crucial baby steps - they're the key to unlocking success

Just give GENETEC a little more time, and mark my words - we'll witness our Battery Day plans come to glorious fruition!


  1. Trade Receivable as of 31-Mar-22 = RM155M
  2. Cash Collection after 31-Mar-22 = RM26M
  3. June 22 Collection = RM30M
  4. Q3 22 Collection = RM80M
  5. GENETEC finance team can monitor & trace the collection from customer's payment web portal. The money will come in by the time come.
  6. Genetec's Banker get ready RM300m trade facility to finance the upcoming order book. No issue on cash flow. Bank is happy to accept Customer T & Customer Z PO for the facility.
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