Re: Get O'Neill Out - NOW
Hello BDC. thanks for that clarification. I did not read your comment as negative or a criticism, but just a perfectly valid question, and fairly posed. Firstly the thing which has become apparent to me is that cashflow forecasting at ASFC has been very volatile. Over the past few months the historical preference to defer HMRC has certainly been changed, and the current management team have been trying to regularise forecast and contingency management. However the past week or so has proven that this is still not working to best advantage. All i can say is that I have been trying to ensure we look at the prioritisation more carefully, and whilst it might not appear so, I can say, hand on heart, that the current set up is a vast improvement on the situation that was in place during most of the last 12 months. the main reason (of course) is that we are slowly moving from panic/survival mode, to a more regular mode.
As you are aware, I am not involved day to day, and frankly dont have the time to be involved, but as we look forward from Feb onwards, getting these things right should hopefully creep on to the agenda.
I dont suppose this anwers your question, but I did not want to give you the impression i was ignoring you.
Ilyas
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