Dear K.Niphon,
In preparation of our call tomorrow, my few comments so far on cash flow (points 1 to 6 below).
Could you please discuss the below with the team.
I understood that you ask me to approve payment of c. THB4m of expenses (out of which c. THB2.1m for Chompoo and Mario which I know are important and very urgent). I will wait please to get an updated cash flow before approving as it is a lot of money and there are uncertainty right now on cash flow position of Bel in coming weeks.
Please advise, as I’m a bit confuse, on what kind of update do you need? The accuracy of the Cash Flow beyond December is not high, as we have many uncertainty.
In advance can I ask you if out of the THB4m of expenses to approve if we can pay the celebrities Chompoo and Mario and postpone other expenses (e.g. Pro Distribution, Mane….)?