Jay Yaj
The more i read the comments, the more i can see ppl's natural behaviour, which only are mostly incapable to see things more objective or from macro view (biased to suit to their agenda). Maybe this is the reason why they're in this mess.

Let's see.
1. Someone says they're not investor, but buyers, becoz they pay the $$ & get their Gold bullion. If this is true, why all the fuss here? Why "bising2", when BNM raid the company? Fact is fact & the loopholes of the so-called "trading" are clearly visible.

2. There's no promised "good return or Hibah" & no promised "buy back guarantee". Who in their sound mind would purchase things with no guarantee, but at higher market rate?

If the gold are sold at 10% or 20% below market, many will buy, but if at ~ 20% above market rate? Touch your own heart, & answer yourself truthfullly, why you buy the Gold Bulllion even at higher market rate?

3. The raiding of the company had caused much hardship to the "buyers" as their children's overseas education fees depend on it, their parent's medical bills, bank loans need to be serviced, etc? Does it obvious that it's generating some kind of good income to so-called "buyers" (or more obvious, investor)?

So, these ppl can twist in whatever way they want to suit to their personal agenda, but it's even much obvious why they're into this & ended up in the mess.

Sorry, I'm just talking about the fact/truth..
11 hours ago

Raj Sami Jay Yaj: The price of gold is unregulated in Malaysia. So, we can pay whatever we like based on a "willing seller...willing buyer" principle. This is similar to real estate where there is no "fixed price tag" However, why would I pay more than the so-called market value for gold?. I would do so knowing that gold will appreciate considerably in the long term and that the "hibah" (or discount) will reduce my risk to a certain extent. So you should try and understand Genneva's trading concepts fully before you condemn them.
8 hours ago · 6

Peter Micheal GM should come out from hiding & start to initiate a legal proceeding against the authorities for losses & damages. Proof to Malaysian that GM is a legit company as silence is not an option anymore for GM!
6 hours ago · 1

Raj Sami Cheong Kian Kok: If you know Genneva's trading concepts better than I do, then, you should know that there should be no difficulty for Genneva to pay the hibah (2 to 3 pecent for a short term) as they had already pocketed a hefty profit from the sale!
6 hours ago

Edward Chan Raj Sami, these people do not understand the concept la. It is so simple, Let me try to explain to these people like Cheong Kian Kok and Jay Yaj, when Raj Sami buys the gold from Genneva (3 months contract) , Raj Sami already paid 30% higher than the spot price. So Genneva already made 30% profit. for 3 months giving Raj Sami back "hibah" payment of 6%.. NO problem. It is his own money anyways. Can go for 6 months also not a problem, still his own money. So this trading platform is just a way of collecting all the money from many many traders and then sharing it with the company. Every sale also got 30% profit! plenty to go around.
5 hours ago · 2

Peter Micheal GM, commitment is about taking responsibility, not making excuses. Silence is not an option for GM as it's not golden anymore. Time for action. Sue the authorities & get our assets back. No more hiding!
5 hours ago · 1

Horace Bong we buyers, not investers la.
4 hours ago

Ng Cheong Peng Until one time where they will push all the responsibility to BNM. The investors money already transferred out. For example : http://www.guangming.com.my/node/151767?tid=3
4 hours ago

Edward Chan true true Horace Bong, these people do not understand! No Investors, just BUYERS. and these buyers participate in the proprietary trading platform by paying 30% higher price than normal. So this is just a group of very UNIQUE buyers.
4 hours ago · 1

Peter Micheal Justice delay by GM is justice denied to the clients! We don't know at this point if GM is going to file a lawsuit to get back our assets.
4 hours ago · 1

KE Goh Jay. i think you are not gainfully employed so have all the time to write everyday. Since u are not part of us and we do not gain anything from u except frustration and anger. Why don'nt u just get loss and mind your other business.. F_ck off.
4 hours ago · 1

May Lee yeah lor, so free, spend your time to go for social work lah
3 hours ago · Edited

KE Goh Jay. You have overstayed your welcome.......
3 hours ago

KE Goh Just go away.
3 hours ago

James Wong yes yes pls go away tq
58 minutes ago

KE Goh Jay. I intend to keep u away. Every time u appear,I will chase. Guys, keep this fella away
50 minutes ago

Jay Yaj We've seen a lot of ppl here who're either very Generous or too much $$$ in hand, who would "buy things for 30% above market rate". Please tell me what other things you guys need & i'll get for you guys, of course at 30% above market rate. If everyone is like these group of ppl, Supermarket no need to have any DISCOUNTED sales liao, coz they prefer to pay above the MARKET RATE, than discounted rate. VERY UNIQUE kind of people.
20 minutes ago

Jay Yaj Raj Sami, the company pocketed hefty profits & this "profits" come from where? $$$ Won't fall from the sky or not thru photocopy machine, right? In short, it's from you guys & you guys are making the company rich? & if the company also make you guys "rich", then, where are all these funds from? So-called new buyers, to pay the old buyers?
15 minutes ago · Edited

Jay Yaj Peter Micheal, you are right. this is what we would like to see, to proof that we're wrong & you guys get back what you rightfully yours. Not BLINDLY supporting the non-logical, non tranparent biz platform which can generate extra $$ from air to pay every one. So, far what i get is "I don't understand, it's blue cean strategy, special biz methodology, etc". which are on terms to cloud the judgement, which does not mean a thing. We see results & logic.
11 minutes ago

Horace Bong bla bla bla like an old chicken.
7 minutes ago

Jay Yaj KE Goh, May Lee, James Wong, sorry that truth are hard to swallow. if you guys didn't wake-up, means you guys still continue cheating your ownself & your own judgement. But when fall, you guys will fall deeper.
6 minutes ago

Jay Yaj Horace Bong, since you are a buyer (not investor), means you pay $$ & get your gold in your safekeeping, why still so cooked-up? something is brewing & like i say, don't cheat yourself. Wake-up, accept the bitter lesson & move on....
2 minutes ago