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
50% payment on 10 to 12 weeks 30% payment on 13 to 24 weeks 20% payment on 25 to 36 weeks
Please allow me to do the math. You should already collected 80% of Q1 revenue 50% of Q2 revenue and none of Q3 revenue. So your trade receivables should be (0.2X40.3 + 0.5X59.3 + 65.3) = RM 103 million.
So why the trade receivables is RM 146.1 million? And by the way have you come across any equipment engineering suppliers that do not need down payment during contract signing or part payment when goods ready for shipment?
Most likely with so high trade receivables the trade receivables look and sound very fishy.
Genetec is a good business but when somebody kept posting blogs and news, creates fear for others to invest... Stop from keeping promoting until so many links you stated here, annoying lah...
when the company is good business, no need to sibuk2 promotes it... Let the price rise, and those late, let them lah.. why so kancheong berangan punye RM4.80
This Dick LickDick, no idea what he's talking... he never feels the limit up, as well as made 3-5 hundred per cent in Genetec before.. owh yeah, because the price was expensive before the bonus issue.. he cants afford.. what he can do is only talk bad about any counter, such a pity
Lightspeed when the company is good business, no need to sibuk2 promotes it... Let the price rise, and those late, let them lah.. why so kancheong berangan punye RM4.80 01/04/2022 11:31 AM
-------------------- I am sharing EV ES knowledge & my GENE corporate news.
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 product 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."
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 RM4.80
452 posts
Posted by Genetec RM4.80 > 2022-03-30 17:00 | Report Abuse
my fellow genetec shareholder, if you interest to learn more on BEV vs Hydrogen
Why Elon musk argue “fuel cells = fool sells” ?
https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-30-story-h1620558902-For_knowledge_sharing_Hydrogen.jsp