If order book go up 7X next 9 month then I wonder where the working capital will come from since customers do not need to pay any downpayment nor part paymemt before shipment and only pay: 50% payment on 10 to 12 weeks 30% payment on 13 to 24 weeks 20% payment on 25 to 36 weeks
So if customers dafault on payment because of and not limit to equipment performance not as spec and etc then what will happen?
9 months end 31-12-21. Revenue: RM 164.8 million Trade receivables: RM 146.1 million Other receivables: RM 16.1 million Inventories: RM 43.9 million. Current liabilities RM 117 million
I urge my fellow shareholder look beyond the cash flow and understand it is crucial to invest in our future. If no one invest for future, where is the hope? You want everyone to put in FCF business and what will you left for your kids? Non stop extracting oil from the poor mother earth?
There is not much good and solid company in EV ES supply chain in our country. I am a proud GENE shareholder and wish my fellow shareholder having a pride on what we are doing.
"I think it's worth remembering that every car that we make is a step in the direction of a sustainable future. The thing about this factory and the cars that we make is that it gives people hope about the future.
It's very important to have reasons to be excited about the future because often people are depressed or sad about the future cause they thing it won't be good. But what we're doing here is, with every car we make, with every battery we make, we're making the future better."
In long term, most of civilization's energy is going to come from solar, and then you need to store it with battery because obviously the sun only shines during the day, and sometimes it is very cloudy. So you need solar batteries. That will be the main long-term way that civilization is powered.
We need battery to store the energy. This is the reason why we need to transform and have a better battery.
Someone's sitting in the shade today because someone planted a tree a long time ago. we need to invest and fix the issue but not leave it to our kids.
qqq3333 Posted by Sslee > 4 minutes ago | Report Abuse If order book go up 7X next 9 month then I wonder where the working capital will come from ======== wrong question. Correct question, play or don't play? 13/04/2022 6:41 PM
qqq3 just out of curiosity do CLSA Analyst Paul Yap, CFA need to do a plant/site visit and talk with management whether they have financial mean, capability and capacity to take on order book of 7X before he wrote this type of report?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Genetec A baby step
Posted by Genetec A baby step > 2022-04-12 14:07 | Report Abuse
My fellow GENETEC shareholders...
You should read below post to understand more on Customer T road map and its progress so far.