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 [WTA] Capital Asia Group, have any heard of this company?

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yugimudo
post Jan 30 2014, 01:17 PM

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QUOTE(de_facto @ Jan 29 2014, 09:41 PM)
which wil just make u ask why large consumers dun just deal direct wid supplier... n cut middleman out... whole thing dun make sense... cag say sumore that end clients include shell, etc... why wud these giants just nt go direkt 2 source themselves?
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If Im not mistaken they are using the loophole of "there are not many oil supplier provide long term credit".

I myself is curious on why do the oil company wants to pay extra 12k for every 100k oil they buy.

I may be wrong on the numbers as I dont remember much but I clearly remember the "buy 100k oil, get back 100k + $$".

This method is not impossible, we do know that Giants Corp like credit term than cash term. But for a company that is not known, not backed by government, investing in Feedlot make more sense.
malleus
post Jan 30 2014, 04:27 PM

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QUOTE(yugimudo @ Jan 30 2014, 01:17 PM)
If Im not mistaken they are using the loophole of "there are not many oil supplier provide long term credit".

I myself is curious on why do the oil company wants to pay extra 12k for every 100k oil they buy.

I may be wrong on the numbers as I dont remember much but I clearly remember the "buy 100k oil, get back 100k + $$".

This method is not impossible, we do know that Giants Corp like credit term than cash term. But for a company that is not known, not backed by government, investing in Feedlot make more sense.
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That's why I mentioned that it sounds suspicious when they're selling back to companies that has got control from extraction, refining all the way to delivery to retail in the first place.
yellowdot
post Feb 3 2014, 10:45 AM

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my fren intro me to tis capital asiA... but i din invest..dunno, just feel its not right..first time see me since high school talk about investment asking me to give money...walauwei, wah beh song lo... mad.gif bad times only think of me..
anyway just out curiosity i google some info..to those who decide to invest do ur homework, that's all i can say.

http://j0035001-1.blogspot.com/2013/06/bew...nt-schemes.html
yellowdot
post Feb 3 2014, 11:02 AM

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Everybody's looking for something. Some of them want to use you. Some of them want to get used by you. Some of them want to abuse you-marilyn manson rclxms.gif

ponzie scheme will always come n go... those who invest early get their returns then sayonara! do your homework.
http://fat88trader.blogspot.com/2012/12/10...-12-return.html
http://j0035001-1.blogspot.com/2013/06/bew...nt-schemes.html

ShinG3e
post Feb 3 2014, 12:04 PM

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after reading all the post, all i had to say is

"good luck to those who invested"

just make sure that it's your excess money instead of your survival cash.

This post has been edited by ShinG3e: Feb 3 2014, 12:05 PM
yugimudo
post Feb 4 2014, 12:15 PM

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QUOTE(ShinG3e @ Feb 3 2014, 12:04 PM)
after reading all the post, all i had to say is

"good luck to those who invested"

just make sure that it's your excess money instead of your survival cash.
*
+1 The best advice.

Any investment has it risk. The riskiest investment is the one you know nothing.

Buka kedai makan pon ada risk. I am not saying CAG is conning your money but do your homework and use your extra money. Don use the "tabung kolej anak saya" money. Too many unknown factor.
jayteng
post Feb 26 2014, 06:30 PM

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QUOTE(yugimudo @ Feb 4 2014, 12:15 PM)
+1 The best advice.

Any investment has it risk. The riskiest investment is the one you know nothing.

Buka kedai makan pon ada risk. I am not saying CAG is conning your money but do your homework and use your extra money. Don use the "tabung kolej anak saya" money. Too many unknown factor.
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jayteng
post Feb 26 2014, 06:31 PM

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Dear all,

Kindly check this link for more info. Hope it will help.

1) http://www.youtube.com/watch?v=VdM9kQDGj1o&feature=youtu.be
2) http://www.youtube.com/watch?v=o1wx35VLrXQ&feature=youtu.be


GermanInvestor
post Mar 2 2014, 06:25 PM

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Hey, it seems you know a bit more about this thing. So do you know, if there were some cash flow to the Asian investors the last months? They should get 3% every 3 Month. Did they get it?

QUOTE(jayteng @ Feb 26 2014, 06:31 PM)
FALSEALIAS
post Mar 3 2014, 03:12 PM

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QUOTE(GermanInvestor @ Mar 2 2014, 06:25 PM)
Hey, it seems you know a bit more about this thing. So do you know, if there were some cash flow to the Asian investors the last months? They should get 3% every 3 Month. Did they get it?
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ya, i heard tht they did get.


GermanInvestor
post Mar 3 2014, 08:44 PM

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Did you just hear it, or did you definetly know it?




quote=FALSEALIAS,Mar 3 2014, 03:12 PM]
ya, i heard tht they did get.
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[/quote]

de_facto
post Mar 5 2014, 12:10 PM

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[quote=GermanInvestor,Mar 3 2014, 08:44 PM]
Did you just hear it, or did you definetly know it?
quote=FALSEALIAS,Mar 3 2014, 03:12 PM]
ya, i heard tht they did get.
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[/quote]
*

[/quote]

they definitely got it.

2 ppl who inves confirm verbally they got.

i told them - till u get back ur full 100%, u still in danger.

but ya - they say got the $ for prev quarter.
GermanInvestor
post Mar 5 2014, 02:57 PM

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Ok, thanks for your answer. That is really interesting.




[quote=de_facto,Mar 5 2014, 12:10 PM]
*

[/quote]

they definitely got it.

2 ppl who inves confirm verbally they got.

i told them - till u get back ur full 100%, u still in danger.

but ya - they say got the $ for prev quarter.
*

[/quote]

htc
post Mar 13 2014, 03:38 PM

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sounds like a ponzi scheme to me. if so good, he should ask his father mother, grandmother, sister everyone, sell the house and jump in. but hate to say there is no free lunch
lohks8
post Mar 13 2014, 04:38 PM

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I am one of the investor. Confirmed, I already got my first 3% on 7 Jan and the next payment shall be early Apr.... rclxms.gif
de_facto
post Mar 19 2014, 11:16 AM

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QUOTE(htc @ Mar 13 2014, 03:38 PM)
sounds like a ponzi scheme to me. if so good, he should ask his father mother, grandmother, sister everyone, sell the house and jump in. but hate to say there is no free lunch
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that video show got sum credibiliti lah...

the 1st one quite decent mah... the 2nd vid quite goreng & time waste...

but k lah, at least they prove wid da vid they legit

wether gt sucess in the long run still dunno

follwin the vid - i got more 'trust'...
de_facto
post Mar 19 2014, 11:30 AM

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QUOTE(lohks8 @ Mar 13 2014, 04:38 PM)
I am one of the investor. Confirmed, I already got my first 3% on 7 Jan and the next payment shall be early Apr.... rclxms.gif
*
good 4 u...

but remeber, till u recover ur full 100% invesmen + kos = u still in danger

celebrate 2 early = might end up cryin l8r

the early return dun mean anytin. u oni clear after full kos recovery & then oni earnin big $

even if its nt a SCAM - many legit enterprise also fold cause unable to maintain high promised returns

most recent xample in msia > chgs oil palm thingy by that lee kim yew cbai

http://www.businesscircle.com.my/lessons-f...growers-scheme/

This post has been edited by de_facto: Mar 19 2014, 08:26 PM
SUSguy3288
post Mar 21 2014, 12:44 AM

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i was also recommended this. I checked it out in their website - hardly any useful info for me. in particular i want to know if i put in 100k, at end of 24 months would i get back that 100k, and they said yes , capital guaranteed. stated there... i asked where??

One Tanzie Ong from the Co called up but gave me the beat around answer. Unable to give me a good reason why in the S&P agreement, they can state the amount XXX invested but at end of 24 months when the oil is finally all sold, they cant state clearly it would be the same xxx amount.(ie capital guaranteed only verbally and not in black and white)

the 3% payback every quarter is stated clearly, but like the german investor said, if this 3% that is in black and white also the Co can avoid paying in German, then this is really a very very high risk investment.

Having read through all the above, i am now more convinced this is a very very high risk investment. You play with it you better pray the price of oil keep going up and they make their money first, you get your 12% pa after all their costs. If they lose you bear the brunt. That is assuming they are ethical business men.


What is 3% every quarter if at the end you cant get back your capital in full?? In 8 payments you only get back 24%, another 76% still in their hand. If things dont work out,surely you are going to lose first, not them!



.


davinz18
post Mar 21 2014, 04:59 PM

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interesting information posted by guy3288..

high risk investment with doubtful return icon_rolleyes.gif
GermanInvestor
post Mar 24 2014, 06:42 AM

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As far as I know from more than one magazine and the letters to the investors:
The German Investors did not get the 3% payment the last 2 times!!!!

So now I ask you: do the Asian investors invest in different oil then the Germans? I do not think so. The manager from Proven Oil Asia and Proven Oil Canada (that's the German company) is the same person!!!

Any more questions???






QUOTE(guy3288 @ Mar 21 2014, 12:44 AM)
i was also recommended this. I checked it out in their website - hardly any useful info for me. in particular i want to know if i put in 100k, at end of 24 months would i get back that 100k, and they said yes , capital guaranteed. stated there... i asked where??

One Tanzie Ong from the Co called up but gave me the beat around answer. Unable to give me a good reason why in the S&P agreement, they can state the amount XXX invested but at end of 24 months when the oil is finally all sold, they cant state clearly it would be the same xxx amount.(ie capital guaranteed only verbally and not in black and white)

the 3% payback every quarter is stated clearly, but like the german investor said, if this 3% that is in black and white also the Co can avoid paying in German, then this is really a very very high risk investment.

Having read through all the above, i am now more convinced this is a very very high risk investment. You play with it you better pray the price of oil keep going up and they make their money first, you get your 12% pa after all their costs. If they lose you bear the brunt. That is assuming they are ethical business men.
What is 3% every quarter if at the end you cant get back your capital in full?? In 8 payments you only get back 24%, another 76% still in their hand. If things dont work out,surely you are going to lose first, not them!
.
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