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
Genetec A baby step
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Investors, let's embark on a remarkable journey together.
Give GENETEC the time it deserves, and watch our Battery Day plans flourish!
Visit my blog for insights that will empower you to make informed decisions and maximize your investment. Discover the link between company potential and industry trends: [ https://klse1.i3investor.com/blogs/genetec_rm400/blidx.jsp].
Start small, dream big, and embrace the key to success with GENETEC.
Give GENETEC the time it deserves, and watch our Battery Day plans flourish!
Visit my blog for insights that will empower you to make informed decisions and maximize your investment. Discover the link between company potential and industry trends: [ https://klse1.i3investor.com/blogs/genetec_rm400/blidx.jsp].
Start small, dream big, and embrace the key to success with GENETEC.
KEY TAKE AWAY FROM MANAGEMENT BRIEFING:
- Trade Receivable as of 31-Mar-22 = RM155M
- Cash Collection after 31-Mar-22 = RM26M
- June 22 Collection = RM30M
- Q3 22 Collection = RM80M
- GENETEC finance team can monitor & trace the collection from customer's payment web portal. The money will come in by the time come.
- 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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