Not much to comment on. Details are here, previous posting (the one below this)
In the Balance Sheet (condensed consolidated balance sheets), receivables have gone up 40% (money owed to it) from 21.5m in Dec 07 to 30.5m in 30th of Oct 08.
However Cash and its equivalents has also gone up 227%! from 24.8m to 56.4m. Cash is always good!
Borrowings gone up 44% from 54m in Dec 07 to 78m currently.
The most interesting is the "Assets held for sale" since Dec 07 (14m) and the "Liabilities associated with assets held for sale" (19m).
This is the sale of Malim Sawit, discussed here . The assets and liabilities were held seaparately pending the sale. It looks like this sale has failed though the company has yet to notify the KLSE as it should.
The last thing to note is the significant improvements on the "Net cash flows from operating activities" from the cumulative condensed consolidated cash flow statement year on year figure which has improved-9m in 30-09-07 to +39m in 30-09-08
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