CFO 0.00% 1.9¢ cfoam limited

Ann: CFOAM Comany Update, page-26

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  1. 362 Posts.
    i think you misunderstood me.

    Cash inflow is important, but have you even look at the cash outflow? When these 2 combined it is the actually cashflow. We keep getting deficit mate. Whenever a pump in cash inflow happens, the company spent more money. So at the end of the day, there is no retained earnings means no dividend or profit at all. You think market cap purely based on cash inflow that's naive thinking.

    As for the people keep quoting about the ship quantity 55m or 100m. I don't really care seriously. Because at the end of the day, it all comes down to margin, profit per unit. At the current stage, all i can see is we are producing at a loss. We are selling at a loss, either we quoted a really cheap price or our productivity of the workers doesn't really catch up, using more materials than it should to produce cfoam
 
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