heard a lot of stories about the goodie of gold, to filter out noise, its price performance would speak for itself
understand that genneva will buy from buyers at old price + mark up. buyers would lose out if gold price goes up
assuming gold price is way down, does it mean this model is sustainable? can genneva hedge buyers against further losses

might as well buy the house outright for 1m instead of going for reits
as per all scam, tulip mania, dotcom bubble & etc. the only way it will burst is when the price starts dropping
until then, greed is in play u can see it, once the gold morph into something to attract pak cik, mak cik & all

yup, one of my fren who is agent ask me to invest 100k told him it feels & smell like a scam, he jus kenot accept the facts nor bubble teori
they hav been totally brainwashed & totally blinded by the commission, he says he can earn 6 digit per year
he better dun change his hp no. nor place of residence when the SHTF

Might as well go for 10kg

have they filed their annual report with ssm? since here got senior adviser, can we get some opinion/ view the report.
coz filing the accounts won't have so much backlog, they not listed and neither are they doing billion dollar mnc biz

cum on, dun kacau the senior consultant, lots of backlog to clear up & time is better spent hiding it... eerr clearing it
but clear up the stock of gold, oak tree eaten by termite or the cash in account itself... eerr clear the customer backlog

pat lu send in back up from genneva, however the fellow had not rebut our point one by one. instead he go on a fishing confusing expedition cum on man, just read back all those post and present facts that they strong as oak tree

we had been arguing agst genneva for over 39 pages and I have no time for snail mail fashion comments
since those genneva defenders did not provide constructive comments, so it works both ways
can let us know when genneva will release accounts report to ssm
no need to rebut our point one by one, all those genneva defenders talk from the same script, we got used to it

p/s - since u dun like freight train fashion, it means u hav no problem to take 39 days to read thru 39 pages to find out who is pat lu

your investments in genneva means shit to me!
now, I trade & invest in share market, so I do read the company accounts report to smell for shit
you must be bullshitting that u invest with genneva coz u don't even bother to find out how the company is doing
good luck in your genneva investments ariel

I am so glad all the genneva consultant are knowledgable & friendly, a good way to do business and improve your image ICHIBAN, PLS KEEP UP THE GOOD WORK
since u say, I as a potential customer have shallow intellect, it is due to reading your daily dose of shit-stench

anyway, your 'Anonymous me' is much more professional than you and I may reconsider to invest. But, of course I need to research and read up. You are ware that all investor would prefer their capital to be secure before pumping in their capital, so can you reassure your readers, by providing just your profit and loss account & balance sheet for us to see GENNEVA MALAYSIA SDN BHD (592576-A) (“GENNEVA’), performance for this few years? Since you had made so much from your initial capital, RM80 is not a problem right? come and share your your company success in figures
http://www.nbc.com.my/company-search.html
http://www.ssm.com.my/company/updating-of-local-company

I check your website and it is so informative, is it true there were many name changes but what actually happen to those investor capital who were caught in the old company? What will happen to me if I get caught in another name change scenario? Samudra GV Sdn Bhd, Samudra GV Genneva Gold, Genneva Sdn Bhd & any others
http://www.genneva-world.com/v2/index.php?...w=category&id=1
http://www.genneva-world.com/v2/index.php?...w=article&id=85

I normally read co accounts and all chairman are so glad to give an opening statement to showcase the company performance. But, how come must be your general manager give statement? It is so inspiring to investors
http://www.gennevaworld.com.my/index.php/m...ral-malaysia-2/

Anonymous me, your replies to this forum is good to dispel some rumours. The challenges you set is good, so can I also post my challenge? Would be good if you are able to provide some info that I had posted to Arielnagrath

I had met many agents from all kind of industries selling so many things. They normally get defensive, resort to name calling when they run out of facts. All that is needed to be done is just answer the question and all is well

the last I check, the title of this topic is 'GENNEVA MALAYSIA, some facts...' and a forum is a place to share the pros & cons on a particular topic. there is no law that states unintelligent comments nor conning is disallowed

now if, ariel the challenge wanna talk on 'share market & the market crashes kaboommmm for whatever reason'. PLEASE GO TO THE CORRECT THREAD & TOPIC, no need sidetrack and give excuses, pls stick to title of thread

a genneva defender that starts off as a gentleman response ala ariel italic then become ariel bold
resorted to name calling and getting upset, coz canot afford to spend RM80 for ssm report, unless he dunno how to read it just admit la, no need go in circle. anytime now, ariel will go berserk again and become ariel black

see there he goes again, resort to name calling & being defensive, the only thing he is good at excepts facts
if any of you feel very secure with your investment here after reading ariel comments, pls go ahead
but DO spent RM80 as initial nipple cost as per above link to find out is your investment really safe

ariel response is a good way to gauge how good was his investment in genneva he should be very proud showing off the strength of genneva, but his brain capacity of genneva is only limited to name calling

GUYS/GALS THIS IS THE EFFECT OF INVESTING IN GENNEVA, COZ EVERYONE KNOWS HE IS A CUSTOMER

I am so glad this conversation has taken a new direction with more description about the human anatomy
keep it up, we can do this all day ariel black by the way, your story telling has improved a lot

we are here to debate and there is no right or wrong. a company without assets cannot pay out its obligations, any raid by the authorities is just to prevent the bosses / employees from absconding assest further. next time, they will use the 'tea lady' to abscond assets and their 'despatch clerk' to deliver any statement on founder's behalf

may God bless your ringgit... I mean your soul. In this difficult times when they are no answers. Remember, no pain, no gain, you chose the road and you must reap its consequences. Lesson here is to spent RM80 and protect your RM800k. reproduce the link for readers benefit, if insurance agent selling you product, you go read bnm report, not just follow their brochure 100% if you follow 100%, then you need to repeat the mistake until your pocket kosong
http://www.nbc.com.my/company-search.html
http://www.ssm.com.my/company/updating-of-local-company

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA



TOLD YOU SO CONFIRM YOU ARE NOW BATU ARANG ie. ARIEL BLACK

no need get upset, better save your breathe and profit for lawyer fees and to calm down your customers. now you can see why we read company accounts and not just be bothered on how they define what is hibah legal technicality & etc. see those customers, feel bad for them, aiyoyo, all their coffin money

“We Shall Overcome!,” read a message posted on the page yesterday afternoon.

A trader, who only wished to be known as Nick, said money earned from the purchase and sale of gold had helped fund his son through university.

“If they put a stop to this company, how am I going to foot the expensive bill for my mother's health?” she asked outside the company's office in Jalan Kuchai Maju 6.

She was among 100 customers, aged between those in their 20s and 70s, who had gathered at the office in support of Genneva after hearing of the raid yesterday afternoon.

They hoped that the authorities would complete the investigations and leave the company alone after that.

http://thestar.com.my/news/story.asp?file=...0572&sec=nation

RM80 or its sgd equivalent would reveal for you bolehland company operation, but no one wants to pay and find out. How you think singapore papers get the company report details As for singapore, Based on Genneva's latest available filings, 2009 revenue came to $236 million. Assets totalled $67 million and liabilities, $68 million

for readers benefit, can any of you see all the previous work? it will be the same outcome over and over again. now we await a new bunch of pussies and with another new vagina company name... I mean genneva company name

the group formed Samudra-GV Sdn Bhd with “a vision to open up the gold market to Malaysians of every race and religion by making the product available to people from all walks of life.’’ “In the near future, our gold product will be rebranded as SGV Bullion,” the statement said..... Trio claim trial to charge of illegal deposit-taking
http://www.knowthymoney.com/2011/03/gold-s...-goose-got.html

semua mereka didakwa melakukan kesalahan mengikut Seksyen 4(1) Akta Pencegahan Wang Haram dan Pencegahan Pembiayaan Keganasan 2001 dibaca bersama Seksyen 87(1)(a)
http://www.publicgoldsarawak.com/ver2/2010...an-ke-mahkamah/

but how come I and other investors read apple, google and maybank accounts report which contain confidential business information but still cannot copy their biz model await all your pro-genneva forumers replies

the modus operandi 'will go on and on' as per celine dion titanic song. for genneva gamblers... I mean investors, remember jack says, you jump, I jump

So, I sincerely urge existing Gen Sg customers to take up Genneva World Pte Ltd's offer to transfer your contract to them. If you transfer your contract to Asia Pacific Bullion or other goldcos, you will stand to lose quite substantially. Sell the gold in open market, you will lose also. Transfer the contract now to Gen World before it is too late. Genneva World Pte Ltd is fully backed by Genneva Malaysia. And with new systems in placed, Gen Sg's saga will not happen again. (readers can replace gen sg, genneva, gen world with other newer companies name as deem suitable for future purposes & the most 2 important phrase when SHTF) "Genneva has designed and packaged their products so well that Bank Negara cannot prosecute them outright. Precisely. No laws broken, what to prosecute?" AND "Matter under police investigation and court process. Not advisable to make comments or disclosures"

ALL I CAN SAY IS THEY INDEED ARE PRESERVING VALUES AND LEAVING A LEGACY, AS PER THEIR SLOGAN. NOW WE ALL CAN TELL OUR CUCU THE DEFINITION OF LEGACY AND VALUES once again, to all the victims, may God bless your ringgit... I mean your soul. if you all learn anything, it means cannot get anything back liao

yes, one must learn to read the fine print more often & bnm did not allow any minibonds consisting of high-risk derivatives such as synthetic collateralized debt obligations and credit default swaps to be sold here



Investors have so far lost US$22.5 billion (S$27.7 billion) on more than 100 subprime securities that Bear Stearns issued in 2006 and 2007, according to the complaint. That is over one-quarter of the original principal balance of US$87 billion.

In the lead-up to the financial crisis, subprime mortgages were sold to people with less-than-ideal credit. Many of them defaulted on their loans when the housing bubble burst and their introductory "teaser" interest rates skyrocketed.

Because many of those mortgages had been sliced and repackaged as securities that could be bought and sold - known as RMBS - the mass defaults led to huge losses at large US banks and other financial firms, helping fuel the global economic meltdown

http://www.todayonline.com/World/EDC121002...over-securities

While it's easy to blame them for signing something that they don't understand, frankly speaking how many of us, even those in the industry understand understand how credit default swap works?

Li said investors complained they were misled into thinking they were buying a form of corporate bonds and were unaware until recently that the bonds were guaranteed by troubled Lehman Brothers.

Tens of thousands of Hong Kong people invested a total of HK$15.6 billion in the Lehman Brothers-backed derivatives, and they all face substantial losses. The number of complaints concerning Lehman Brothers-related products has increased sharply to 7,730 from 5,500, and will grow further, the HKMA said yesterday. The authority has opened an investigation into whether the banks misled investors into buying them, it said.

“But we cannot comment on how long it will take to investigate the problems, because it depends on the capacity of the investigation team and availability of information provided,” HKMA Executive Director Raymond Li told reporters at a press conference yesterday.

http://www.moneymind.sg/2008/10/dbs-hk-to-...-on-lehman.html

This post has been edited by learn2earn8: Oct 2 2012, 05:06 PM

oh well

notice there r defenders here cuming out to defend genneva, it would be good if the usual pro-genneva forumers cum here and calm the situation, unless they drinking teh tarik at bukit aman or putrajaya, then we await their reasurances to the victims here
http://www.youtube.com/watch?v=pgfZVIc0vnA

50k customers, RM3billion turnover but no info on their profit and loss nor balance sheet status their connection is not bad
http://www.theedgemalaysia.com/in-the-fina...ces-raided.html

anon me is their punjabi lawyer, that explains why they keep on talking about technical legalities instead of co financial performance
http://jeenhao.com/precious-metal-investme...-legit-or-scam/

The company was set up in 2007 and has been charged for a similar offence before. The case is still pending.
http://www.malaysia-chronicle.com/index.ph...enneva&Itemid=2

now another fellow cum out from the woodwork wit a different nickname. he claims no one read copy and paste info, yet he replies to me basically, genneva victims no need feel bad nor sorry, what is RM5billion vs investors losing more than USD$22.5 billion
tis AUGUST777 dun read today paper and have no idea that JP Morgan is today news. jus read jaguh kampung news, how to be jaguh la ni macam?
Published: Tuesday October 2, 2012 MYT 9:15:00 AM, NY sues JPMorgan over Bear Stearns mortgage securities
http://biz.thestar.com.my/news/story.asp?f...57&sec=business
so smart arse, what is derivatives market?

I have to admit their bosses learn from each mistake and improve their skill to avoid any legal wrongdoings
alwiz a step ahead of the authorities and two steps ahead of the investors
even have pro-forumers telling everyone to calm down and let the investigation be completed pending the assets being frozen since year 2007

just remember, the pro-genneva forumers had inform us that
1) "Genneva has designed and packaged their products so well that Bank Negara cannot prosecute them outright. Precisely. No laws broken, what to prosecute?"
2) "Matter under police investigation and court process. Not advisable to make comments or disclosures"

what happens to investor if the case gets cold and languish there for 50 or 100 years, seems their modus operandi has factor in the raid by authorities

they had been impolite since day1 and not suddenly la
u can tell that to those who invested in genneva part1, samudra and konco2 kawannya to wait patiently
guess they did not read the memo that "Genneva has designed and packaged their products so well that Bank Negara cannot prosecute them outright. Precisely. No laws broken, what to prosecute?". prepare to have giraffe neck while waiting la

only the pro-genneva forumers are impolite, instead of convincing us to buy, they went bananas
if I was one of them, I would gather all the investors and request each of them to pay RM80 for an ssm search before SHTF even cum
anyway, genneva hav kawan2 at high places and even sit on board as advisers, its best the court case remain in coma
but of course after they abscond the duit and after few months, open another genneva
those in the old genneva cannot comment nor scan their invoice nor receipt, alasan pending court case
see those bosses paid their advisers and lawyer very well

the memo is unsigned and unnamed, at least state la 'this is a official letter and no signature is required' as per bank letters
must be the punjabi lawyer and their special advisers who teach them the tricks this memo really inspire confidence to the giraffe
soon, there will be 50k giraffe roaming the streets. but of coz, this is a time of sadness and we feel the pain of those victims
wonder what happen to the RM5 billion? must be a time of happiness for them, easy way out and just blame the courts for dragging the case