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GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND
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ralphaell
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Jul 14 2012, 10:30 AM
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Getting Started

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QUOTE(mois @ Jul 14 2012, 10:29 AM) That is 18% in total for 6 months. No investment can make such amount of money within short time. If such thing exist, you will see EPF, KWSP, And other big funds will invest in it until the genneva bank account will explode.  yes i must agree that their so called 'hibah' is very high but is just for 6 month ,after that it will drop back to 2% i think
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SUSPink Spider
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Jul 14 2012, 10:32 AM
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QUOTE(mois @ Jul 14 2012, 10:29 AM) That is 18% in total for 6 months. No investment can make such amount of money within short time. If such thing exist, you will see EPF, KWSP, And other big funds will invest in it until the genneva bank account will explode.  Again I wanna repeat my question... Anyone ever asked/pondered how is the money made? Common sense tells me, if u can't explain it, it's a scam.
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ralphaell
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Jul 14 2012, 10:32 AM
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Getting Started

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QUOTE(wongmunkeong @ Jul 14 2012, 10:29 AM) [attachmentid=2946016] Wow... $7.55 variance  Life must be tough on U huh? bro, why are you keep on saying that 3% is for total 6 month? ...the fact is 3% per month for 6 month -.- how to get 600 nor 607 ?
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prophetjul
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Jul 14 2012, 10:33 AM
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QUOTE(ralphaell @ Jul 14 2012, 10:00 AM) please check properly before u said anything, is 3% per month for duration of 6 month dude "DUDE" pls look at whats been posted QUOTE QUOTE(Empathy @ Jul 13 2012, 11:48 PM)
Yes ... I heard about this from my agent yesterday. He said 3 percent hibah for 6 months . Minimum 50 grams .
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SUSPink Spider
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Jul 14 2012, 10:33 AM
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The Islamic authorities already said it's not halal, pls stop using the word "hibah"
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wongmunkeong
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Jul 14 2012, 10:34 AM
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Barista FIRE
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QUOTE(EddyLB @ Jul 14 2012, 10:24 AM) It could be the other way around. These investors owed a lot in the past lives, and now have to pay the boss back  Bwhahhah - bro, THIS i believe. I must be a real bast*rd in previous incarnations (must go checkout the Scientology auditing  ) since i seem to have so much "responsibilities" Sorry ar mods - off topic.
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EddyLB
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Jul 14 2012, 10:35 AM
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QUOTE(wongmunkeong @ Jul 14 2012, 10:13 AM) bro, quit nitpicking - 3% / 6mths = 0.5% per month in simple calculation. If U want an Excel calculation, it doesn't run far as the compounding of % pm isn't much difference at 0.5%-/+.
I think he did not put it clearly. I think he meant now the co is paying 3% per month (instead of 2%) but only for 6months. After that revert back to the usual 2%. Anyhow, it could be a sign of desperation of cashflow shortage. Understandably, when it is now claasified non-halal, muslim ”investors” cannot buy and returns has to be set higher to attract new ”investors”. The last strategy before pushing the ”eject” button I guess. Lets see what will happen in the next 3 months
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prophetjul
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Jul 14 2012, 10:35 AM
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QUOTE(mois @ Jul 14 2012, 10:29 AM) That is 18% in total for 6 months. No investment can make such amount of money within short time. If such thing exist, you will see EPF, KWSP, And other big funds will invest in it until the genneva bank account will explode.  If its 3% per month, its spells THEY NEED CASHFLOW REAL FAST! cash cruuuNNHCCCHHHHHHHHH TIME!
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wongmunkeong
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Jul 14 2012, 10:36 AM
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Barista FIRE
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QUOTE(prophetjul @ Jul 14 2012, 10:33 AM) "DUDE" pls look at whats been posted  Good gawd.. the fler no fingers nor Excel to count, nor literate enough to comprehend
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ralphaell
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Jul 14 2012, 10:36 AM
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Getting Started

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QUOTE(prophetjul @ Jul 14 2012, 10:33 AM) "DUDE" pls look at whats been posted  but then izit u wrote "Looks like the rates are diminishing......from 2% p month. Now its 0.5% p month......money troubles?'? u actually use 3% divide 6 month so =0.5% per month?
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prophetjul
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Jul 14 2012, 10:37 AM
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nmETHINKS "suDDENLY" THE MUSLIMS ARE WANTING TO CASH IN THEIR gold bars! No Hibahh.... Haram!
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wongmunkeong
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Jul 14 2012, 10:37 AM
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Barista FIRE
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QUOTE(Pink Spider @ Jul 14 2012, 10:33 AM) The Islamic authorities already said it's not halal, pls stop using the word "hibah"  Wei - the great Company & "investors" can't use "interest" and now can't use "hibah", then use what? $ from sky ar? Sorry ar Pink - just using your posting as a leverage
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mois
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Jul 14 2012, 10:37 AM
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Even 2% per month is still high. That makes 24% a year. Still extremely high for a guaranteed return scheme. Even amanah saham return is around 6-7% with risks. This genneva no risk 24% you think the company can sustain it? For first year maybe can sustain. But this kind of company exist for a good reason. To teach some folks a painful lesson IF and Only IF the company is gone.
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prophetjul
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Jul 14 2012, 10:38 AM
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QUOTE(ralphaell @ Jul 14 2012, 10:36 AM) but then izit u wrote "Looks like the rates are diminishing......from 2% p month. Now its 0.5% p month......money troubles?'? u actually use 3% divide 6 month so =0.5% per month? Look again at what the other DUIDE posted ler.........
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ralphaell
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Jul 14 2012, 10:38 AM
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Getting Started

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QUOTE(EddyLB @ Jul 14 2012, 10:35 AM) I think he did not put it clearly. I think he meant now the co is paying 3% per month (instead of 2%) but only for 6months. After that revert back to the usual 2%. Anyhow, it could be a sign of desperation of cashflow shortage. Understandably, when it is now claasified non-halal, muslim ”investors” cannot buy and returns has to be set higher to attract new ”investors”. The last strategy before pushing the ”eject” button I guess. Lets see what will happen in the next 3 months  yes , u r right
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prophetjul
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Jul 14 2012, 10:39 AM
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QUOTE(mois @ Jul 14 2012, 10:37 AM) Even 2% per month is still high. That makes 24% a year. Still extremely high for a guaranteed return scheme. Even amanah saham return is around 6-7% with risks. This genneva no risk 24% you think the company can sustain it? For first year maybe can sustain. But this kind of company exist for a good reason. To teach some folks a painful lesson IF and Only IF the company is gone. Can Can,.....provided the iinvestors do NOT cash in their bars, they are paying themselves what?
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SUSPink Spider
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Jul 14 2012, 10:39 AM
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QUOTE(mois @ Jul 14 2012, 10:37 AM) Even 2% per month is still high. That makes 24% a year. Still extremely high for a guaranteed return scheme. Even amanah saham return is around 6-7% with risks. This genneva no risk 24% you think the company can sustain it? For first year maybe can sustain. But this kind of company exist for a good reason. To teach some folks a painful lesson IF and Only IF the company is gone. We should ask EPF dump ALL our monies in Genneva...then we Malaysians can afford to takeover Berkshire Hathaway in no time
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prophetjul
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Jul 14 2012, 10:40 AM
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QUOTE(Pink Spider @ Jul 14 2012, 10:39 AM) We should ask EPF dump ALL our monies in Genneva...then we Malaysians can afford to takeover Berkshire Hathaway in no time  We all become WB! WOEW! WHAT A RUSHHHHHHHH
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wongmunkeong
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Jul 14 2012, 10:41 AM
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Barista FIRE
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QUOTE(Pink Spider @ Jul 14 2012, 10:39 AM) We should ask EPF dump ALL our monies in Genneva...then we Malaysians can afford to takeover Berkshire Hathaway in no time  Wei - dont give the DADS (dumb as d** s***) ideas to further kill my $100K in EPF pls This post has been edited by wongmunkeong: Jul 14 2012, 10:43 AM
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prophetjul
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Jul 14 2012, 10:41 AM
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2 MIL FROM epf ......CAN DOUBLE IN 3 YEARS AT 2% P MONTH!
WOWZEEZEEEEE! MSIA BOLIH
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