A month ago, there was a reader asking me on how to utilize the my method on calculating the value of Mah Sing Group or Wellcall.As my method of calculation involves in Cash Flow from Operation, after studying the cash flow statement of respective company, I realized the inconsistency of Mah Sing's cash flow from operation. In particular, Mah Sing's recent financial statement shows negative cash flow which has make the calculation impossible. Therefore, I decided to use Wellcall as an example.

