Cash Flow
Cashflow from operations have pushed higher this time around and it seems rather promising. Finally, the net change in cash is back in the black! Let’s dive deeper to see what’s happening.. The increase in Receivables by more than 100% as confirmed by the short-term bank borrowings shows there’s some business going on. Not much information was divulged in the report, but I’ll be following up on these numbers soon! I do suspect that the increase in Receivables could be one-off, but I shall not jump into any conclusions until I hear more from the management ......Saw something a little interesting in Frencken’s 3Q results and thought I might share it. For those of you who don’t know about Frencken, you can read about it in my previous post. Rather than go through everything again, I’ll just jump straight to the points that caught my attention. :)