QUOTE(wongmunkeong @ Jul 14 2012, 10:29 AM)
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 ?GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND
GENNEVA MALAYSIA, some facts.., READ and UNDERSTAND
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Jul 14 2012, 10:32 AM
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54 posts Joined: Dec 2008 |
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Jul 14 2012, 10:33 AM
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All Stars
12,269 posts Joined: Oct 2010 |
QUOTE(ralphaell @ Jul 14 2012, 10:00 AM) "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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Jul 14 2012, 10:33 AM
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16,872 posts Joined: Jun 2011 |
The Islamic authorities already said it's not halal, pls stop using the word "hibah"
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Jul 14 2012, 10:34 AM
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Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere |
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 "responsibilities" Sorry ar mods - off topic. |
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Jul 14 2012, 10:35 AM
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1,864 posts Joined: Apr 2011 |
QUOTE(wongmunkeong @ Jul 14 2012, 10:13 AM) bro, quit nitpicking - 3% / 6mths = 0.5% per month in simple calculation. 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%.If U want an Excel calculation, it doesn't run far as the compounding of % pm isn't much difference at 0.5%-/+. 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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Jul 14 2012, 10:35 AM
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All Stars
12,269 posts Joined: Oct 2010 |
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 spellsTHEY NEED CASHFLOW REAL FAST! cash cruuuNNHCCCHHHHHHHHH TIME! |
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Jul 14 2012, 10:36 AM
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Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere |
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Jul 14 2012, 10:36 AM
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54 posts Joined: Dec 2008 |
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Jul 14 2012, 10:37 AM
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All Stars
12,269 posts Joined: Oct 2010 |
nmETHINKS "suDDENLY" THE MUSLIMS ARE WANTING TO CASH IN THEIR gold bars! No Hibahh.... Haram!
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Jul 14 2012, 10:37 AM
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Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere |
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Jul 14 2012, 10:37 AM
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Senior Member
3,626 posts Joined: Nov 2007 From: Hornbill land |
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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Jul 14 2012, 10:38 AM
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All Stars
12,269 posts Joined: Oct 2010 |
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Jul 14 2012, 10:38 AM
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54 posts Joined: Dec 2008 |
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%. yes , u r rightAnyhow, 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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Jul 14 2012, 10:39 AM
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All Stars
12,269 posts Joined: Oct 2010 |
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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Jul 14 2012, 10:39 AM
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Senior Member
16,872 posts Joined: Jun 2011 |
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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Jul 14 2012, 10:40 AM
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All Stars
12,269 posts Joined: Oct 2010 |
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Jul 14 2012, 10:41 AM
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Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere |
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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Jul 14 2012, 10:41 AM
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All Stars
12,269 posts Joined: Oct 2010 |
2 MIL FROM epf ......CAN DOUBLE IN 3 YEARS AT 2% P MONTH!
WOWZEEZEEEEE! MSIA BOLIH |
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Jul 14 2012, 10:42 AM
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Senior Member
16,872 posts Joined: Jun 2011 |
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Jul 14 2012, 10:43 AM
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Senior Member
1,864 posts Joined: Apr 2011 |
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