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 GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND

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zoff
post Oct 10 2012, 11:44 AM

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QUOTE(wongmunkeong @ Oct 10 2012, 10:58 AM)
Serenity22,

May i understand:
a. which good counter gives average dividends of 12-20%pa?
b. ASN averages 9%pa?! U mean ASB and 8%pa+/- right?
c. EPF - averages 6%pa? Your average is past 2 years or past 5 to 10 years?

I must be living in another reality if your averages are true  sweat.gif
*
I have always wondered about ASB. 8% year after year, in good times and bad times. Redemption s are always less than subscription year after year for the fund. Also dividends are paid in units rather than cash. So there is never a cash flow problem. There is no mutual fund in the world that can more or less guarantee a ROI of 8% pa even when markets crash. This is the best investment in the world quite the same returns as Bernard Madoff's return of 10% average on his funds.
harrychoo
post Oct 10 2012, 11:45 AM

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This CONsultant very butthurt laugh.gif

QUOTE
Phelephe Pepe: Stanley Chong, those who posted in the lowyat forum are IDIOTS like you. They don't even have the money to buy gold and yet they are very key poh chi. Shame on you fellas. The topic started by someone sharing what the company is all about in March and following that are all the useless comments by you clowns especially towards the end. They seems to be celebrating when they hear bad news about the company. A bunch of MORONS indeed. BTW you don't have to show how much "research" you are doing in googling here and there to dig out links and post here and there. These are very old links. That shows that you think you are hell of a great and everyone else is stupid.

SUSgogo2
post Oct 10 2012, 11:48 AM

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QUOTE(zoff @ Oct 10 2012, 11:44 AM)
I have always wondered about ASB. 8% year after year, in good times and bad times. Redemption s are always less than subscription year after year for the fund. Also dividends are paid in units rather than cash. So there is never a cash flow problem. There is no mutual fund in the world that can more or less guarantee a ROI of 8% pa even when markets crash. This is the best investment in the world quite the same returns as Bernard Madoff's return of 10% average on his funds.
*
Let's not talk about ASB, ASN. We all know quietly what is behind it.

Let's talk about Genneva. Its so funny to read all the CONsultant comment laugh.gif
harrychoo
post Oct 10 2012, 11:52 AM

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Being cheated is one thing, i mean throughout our life, sure got kena cheated before be it cheated in ponzi, cheated in garage sales, cheated in some investment or even cheated when buy stuff from pasar malam. That's not the funny part, the funny part is the person that get cheated still defending the CON man/company, that's a new whole level laugh.gif
SUSgogo2
post Oct 10 2012, 11:56 AM

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QUOTE(harrychoo @ Oct 10 2012, 11:52 AM)
Being cheated is one thing, i mean throughout our life, sure got kena cheated before be it cheated in ponzi, cheated in garage sales, cheated in some investment or even cheated when buy stuff from pasar malam. That's not the funny part, the funny part is the person that get cheated still defending the CON man/company, that's a new whole levelĀ  laugh.gif
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Defending probably already push it. Now they even go to temple, write Genneva name on a bamboo and pray for Genneva. This takes the cake rclxm9.gif

user posted image

This post has been edited by gogo2: Oct 10 2012, 11:56 AM
merce
post Oct 10 2012, 11:57 AM

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QUOTE(harrychoo @ Oct 10 2012, 11:52 AM)
Being cheated is one thing, i mean throughout our life, sure got kena cheated before be it cheated in ponzi, cheated in garage sales, cheated in some investment or even cheated when buy stuff from pasar malam. That's not the funny part, the funny part is the person that get cheated still defending the CON man/company, that's a new whole level  laugh.gif
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WELCOME TO MARASHIA!!!!! brows.gif

lol i'm just kidding. sweat.gif
lunchtime
post Oct 10 2012, 11:58 AM

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QUOTE(harrychoo @ Oct 10 2012, 11:52 AM)
Being cheated is one thing, i mean throughout our life, sure got kena cheated before be it cheated in ponzi, cheated in garage sales, cheated in some investment or even cheated when buy stuff from pasar malam. That's not the funny part, the funny part is the person that get cheated still defending the CON man/company, that's a new whole level  laugh.gif
*
rclxms.gif rclxms.gif
Desvaro
post Oct 10 2012, 12:00 PM

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QUOTE(serenity22 @ Oct 10 2012, 10:46 AM)
I have always wondered and perhaps someone intelligent here can tell me why ?

Bank FD - average 3%p.a.
EPF - average 6%p.a.
ASN - average 9% p.a.
Good share countersĀ  - average dividends of 12-20%p.a.

Why cant banks and EPF give as high as ASN? Is it their fund managers dont perform as good as ASN fund mgr? All the above are legal institutions of course but why the difference??
*
For the third time in less than a week, I am posting the same thing:

Understand the difference between investing in DEBT and investing in EQUITY.

It has NOTHING to do with fund managers performance!

QUOTE(serenity22 @ Oct 10 2012, 11:10 AM)

Shares well....dunno heard my uncle make from some of these counters...again correct me maybe not accurate. Cos he said sometimes shares got give birth to more shares...etc etc besides the dividend yield. 
http://www.topyields.nl/Top-dividend-yields-of-KLCI30.php
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If you are not sure, then don't mention it, do your own research and find out. And for your information, what your uncle is referring to about 'shares giving birth to more shares' is merely a rights issue, which actually dilutes your holdings.

This post has been edited by Desvaro: Oct 10 2012, 12:03 PM
arubin
post Oct 10 2012, 12:02 PM

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QUOTE(harrychoo @ Oct 10 2012, 11:45 AM)
This CONsultant very butthurt  laugh.gif
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No shit. I can easily afford to buy gold if I wanted. I'm just not gullible enough to buy it from Genneva. rolleyes.gif
cockee
post Oct 10 2012, 12:04 PM

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QUOTE(arubin @ Oct 10 2012, 12:02 PM)
No shit. I can easily afford to buy gold if I wanted. I'm just not gullible enough to buy it from Genneva. rolleyes.gif
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Funny thing is this CONsultant calling others morons when he is the one having sleepless night now. whistling.gif
SUSjasonhanjk
post Oct 10 2012, 12:04 PM

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QUOTE(harrychoo @ Oct 10 2012, 11:52 AM)
Being cheated is one thing, i mean throughout our life, sure got kena cheated before be it cheated in ponzi, cheated in garage sales, cheated in some investment or even cheated when buy stuff from pasar malam. That's not the funny part, the funny part is the person that get cheated still defending the CON man/company, that's a new whole level  laugh.gif
*
That is because the first Genneva CONpany did not go down. Also do note the raid on the 2nd company, gold maintain stagnant for a year. It did not go bust.

These 2 factors are the reason why people got con and still support Genneva.
If gold price slump further, then more people will support BNM actions.
s[H]sIkuA
post Oct 10 2012, 12:07 PM

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QUOTE(jasonhanjk @ Oct 10 2012, 12:04 PM)
That is because the first Genneva CONpany did not go down. Also do note the raid on the 2nd company, gold maintain stagnant for a year. It did not go bust.

These 2 factors are the reason why people got con and still support Genneva.
If gold price slump further, then more people will support BNM actions.
*
What happened to the investors and their money for the first company?
arubin
post Oct 10 2012, 12:10 PM

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QUOTE(harrychoo @ Oct 10 2012, 11:52 AM)
Being cheated is one thing, i mean throughout our life, sure got kena cheated before be it cheated in ponzi, cheated in garage sales, cheated in some investment or even cheated when buy stuff from pasar malam. That's not the funny part, the funny part is the person that get cheated still defending the CON man/company, that's a new whole level  laugh.gif
*
No kidding. I want to sympathize, I really do. Except,
- They disregard advice to hire independent lawyers instead of relying on Genneva's. doh.gif
- They believe there's a conspiracy theory going on. doh.gif
- They are threatening to make this political. doh.gif
- They seem to think that being rude to BNM staff will achieve something. doh.gif

rolleyes.gif
SUSgogo2
post Oct 10 2012, 12:12 PM

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QUOTE(jasonhanjk @ Oct 10 2012, 12:04 PM)
That is because the first Genneva CONpany did not go down. Also do note the raid on the 2nd company, gold maintain stagnant for a year. It did not go bust.

These 2 factors are the reason why people got con and still support Genneva.
If gold price slump further, then more people will support BNM actions.
*
Actually not only that. They saw Mahathir and Rosmah in the Genneva CONvention.
tandukperak
post Oct 10 2012, 12:15 PM

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QUOTE(harrychoo @ Oct 10 2012, 11:45 AM)
This CONsultant very butthurt  laugh.gif
*
Wah..mentioned Lowyat forum wor... sweat.gif
KentPhan
post Oct 10 2012, 12:25 PM

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QUOTE(zoff @ Oct 10 2012, 11:44 AM)
I have always wondered about ASB. 8% year after year, in good times and bad times. Redemption s are always less than subscription year after year for the fund. Also dividends are paid in units rather than cash. So there is never a cash flow problem. There is no mutual fund in the world that can more or less guarantee a ROI of 8% pa even when markets crash. This is the best investment in the world quite the same returns as Bernard Madoff's return of 10% average on his funds.
*
Absolutely! your suspecion is sense.

In fact, ASB=EPF=Genneva are in the same "super wonder category" company. The only differences are ASB and EPF are legal enity and distributing less return compares to Genneva. Their ability of generating incomes is unbelievable from business sense.

These companies can pay hibah or dividend without affecting by global economy and valatility of the markets. They are the best of the best among investment houses in the world.
MakNok
post Oct 10 2012, 12:26 PM

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Consultant is the one who bring them to holland so i am sure the rest fo the investor will hound them day and night.


SUSjasonhanjk
post Oct 10 2012, 12:28 PM

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QUOTE(sHsIkuA @ Oct 10 2012, 12:07 PM)
What happened to the investors and their money for the first company?
*
Stuck for years.
Government really take their sweet time. notworthy.gif
KamikazePg
post Oct 10 2012, 12:39 PM

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New way to spot a CON-job.

if rosmah or dr. M appear in their CON-vention, definitely a CON-job!
anudora
post Oct 10 2012, 12:47 PM

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QUOTE(KamikazePg @ Oct 10 2012, 12:39 PM)
New way to spot a CON-job.

if rosmah or dr. M appear in their CON-vention, definitely a CON-job!
*
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