i agree nathanblack.. had another glance by comparison to last cashflow.. noted a 400k increase in expense on working capital and 20% staff cost increase.. but i dont think one can extrapolate much atm from creditor debtor flow..
one thing is crystal to me tho.. is they need to start focus more on field resources even if they are upping their smiley office selling faces around town... and maybe if going to provide debtor creditor figures going forward, i hope the accruals process becomes top notch.. otherwsie investors cant work out much at all.. being favourable with my assumptions.. well perhaps have alot of projects been delayed or not commenced in dat quarter thus affecting their ability to work and bill also? who knows eh its the building game how do we know.. was that quarter a slow one for project works.. and another quarter all of sudden 5 or 6 developers ring u and say hey we ready for ur crews on site now..
AHL Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
