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Net cash RM528m. After RM100m dividend still left with RM428m. Based on RM1.5b annual revenue, the cash level is about 3 to 4 months of revenue. More than enough unless they want to acquire/ build a new plant.
Net cash reduced by about RM100m over the recent quarter. Mostly to pay off suppliers. This is just quarter to quarter fluctuation. Most importantly year by year operating cash flow trend is good. Capex need is low. Cash accumulated is mostly used for working capital. They still have ample cash after distributing the special dividends.