A Blog about  Corporate Governance issues in Malaysia and  Global Investment Ideas
Bursa Malaysia really needs to tighten up and gets these dodgy companies off the exchange!
Maxwell has RM5m of inventory (I believe some finished products, some semi-finished products and some raw materials) in the immediate preceding quarter. In the reporting quarter, the inventories turned zero. Why didn't some of the inventories turned into revenue? Didn't see impairment nor provision made on inventories. How to explain that?
So what will happen to the RM347m of so-called cash?
Wammo and Malaysia Stock Talk, thanks for your comments