Hi all

Based on info in the CHGS agreement, the land lease from Yayasan Kelantan Darulnaim (a statutory body under the Kelantan govt.) is for an initial 66 years from Dec-2004 to Dec-2070. (How many of us would still be around then?) The management company has an option to extend it for another 33 years.

Hence this period of 66 years is sufficient for two full generations of palm trees. The lease period is also longer than this CHGS scheme which is just 23 years ending in 2030.

regards
michael

This post has been edited by mkhor7: Apr 9 2008, 01:05 PM

In this case, my opinion is after 23 yrs, it is subject to CHGS whether to renew the agreement @RMxxxxx or to offer buy back the land @RMxxx ?

What if the offer price is too low ? And if you don't wish to sell it at low price, you can still keep the lease for 66 yrs, but CHGS decides to leave the land as it is, turn back into jungle ?

Just some questions in my mind... I know nothing is perfect in this world and there are a lot of risks on investment.

+++++++++++++++++++++++++++++
Yes. cute_boboi, you are right.

I have erased this CHGS folders from my hard-disk after going through the forum. Too many doubtful (if) questions, some are which as you have stated. The Govt. backed Felda Scheme is SLIGHTLY more realistic, towards the end, you are still the owner of the group land, even if it is a JUNGLE....HAHAHA

AN INVESTMENT - on land in scrip as shares/lots.
An investment you place a sum of money to it as shares, and get dividends in any form and towards the end of day, you still holds ownership to the investment as shares only, with high risks. not knowing the value of, at the end of the period.

AN INVESTMENT - on Land/Property
This CAN BE partially the same as CHGS, if I were to take out $5500 x 4 lots (i.e 1 acre) = $22,000 total, to purchase an acre of Land planted with palm oil trees, and towards the end of the day, you are still the title holder. The property still gives you varied dividends depending on your inputs to look after the plantations. So this is what I mean, that you are still the "RAJA" of your investment, regardness of reaching old age where you can transfer the property to your next of kin.......hahaha

CONCLUSION
In lieu of the above, it will be wise for me to put my investment to look for cheap land (200-1000 acres) in Kelantan/Trengganu or any other States, in carrying out planting of Palm Oil/rubber trees. My $22,000 ringgit can have 3 acres of fruit reaping Palm Oil/rubber in 5 years.

DON'T RISK YOU HARD EARN MONEY

greeland123

Hi guys,

From my understanding, any fund collection that in involve the public must be certify by securities comission. Unless it is collected privately. As from what I see it collect openly(kinda), dont u think so?

This method is actually not new. it is something like Futures(contracts).
1 more thing, how they increase the land price? it sound like they goreng the price on their own ler...so tht it will attract more buyer to buy the intial "lot".

palm oil price goes up n down...if down while the land price is very expensive..then u guys u see u not earn much ady...who control the land price?

oil palm mature around 5 years. what they mean by "mature"?


why buy land in the plantation? why not instead of land buy the bussiness? it is land+palm oil+equipment. the total profit shud be calculated from all this cost right? then only can give dividend.

from my view, seem like the company is goreng land price only. late comer gonna get fry?

This post has been edited by Humping^Panda: Apr 10 2008, 03:42 PM

just heard there's a company called Jiwa Wawasan, doin algae instead of palm oil.. any1 heard bout this investment?

This post has been edited by cherasbabe: May 6 2008, 11:43 PM

This investment, into matured real estates, also has a historical return of 7+%. Bank Rakyet has a share in this company :-

http://www.btrcapital.com/

When applying for CHGS, there is a column to fill in the Joint Applicant name. Can someone tell me what rights does the "Joint Applicant" has? I would like to know if my wife will get all if I die.

1 arce adi approved for long time
but till now hvnt get hotel n body check up voucher
anyone adi take the voucher?

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Added on May 30, 2008, 8:38 amno more ppl here already?

This post has been edited by siokae0422: May 30 2008, 08:38 AM

I juz want to share my understanding about oil palm. Oil palm does profitable during these years
Last year around JUNe 2007, I have made an investigation on OIL palm profit. Approximate can achieve 20k untung bersih a month for a land of 20acre. I'm calculated the cost and so on, But this is an approximate value.

Price of oil palm should be increasing gradually over the year, unless there is something that can be replaced oil palm like the case getah asli replaced by getah tak asli.

Oil palm have a life of 25years life span. First 4 years should be no income, since the tree still small. But when the time goes by, the older the oil palm tree, the oil palm will have much more higher quality, so as money value.

I have been notice this investment since a while of time. It should be profitable, and it SOUNDS guarantee. The main thing u need to concern is there is no any under table thing happen in this company management.

For my opinion, they provide a good investment scheme. But i have an opinion that, they need more capital at the starting to plant oil palm. since the anak pokok oil palm and land is expensive nowadays. The maintainance fee and baja is very expensive nowadays.

We no doubt about the profitability of the scheme or oil palm, just the main problem/hassle is about the liduidation part.

May i know where can you get land so cheap?

officially there is nothing left to sell.....and there is no more plots for sale
the total 10,000 acre of land is fully taken up. the only remains are the remaining reserved plots.

the kalimantan land is yet to be officially announced.

the price remains high at RM7500 - RM8000 per plot

i would like to take the opportunity to thank all of u who participate in this discussion.

To refresh this thread, MAPEX fair at Mid Valley, CHGS is selling a plot at RM7,500 now.
According to them, the price will be RM8,000 if go through bank, and as stated in their brochure.

Any latest comments ?

i bought 1/2 acre just now as 5-20yrs investment despite the land liquidity issue.

do u think i can squeeze chgs for hotel stay still?

Hi,

Did you pay $7500 for it?

7500, tell me if can get lower than 7500 i will burn their office down tomorrow.

Already appreciate to RM7500? I bought 1 lot last november at RM5500 only. This mean 36% gain. Frigging good investment i reckon.

Netcrawler, sure, not to pour cold water, but you must be able to sell it first before you can realize this paper gain.

And when you wish to sell it, the comany will comedown on you. Sorry,........

Err... which one is true now? got or don't have anymore.

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Added on June 15, 2008, 9:51 pmLawyer1 has a point to make, even it rise to 10K per plot, if the market is illiquid, then those paper gain can't be realised.

Yes, you do gain on asset appreciate, just can't lock in the profit as long as market is illiquid and no buyers want to take up. Don't mean can't sell totally, just it can be hassle to find a real interest buyer if the company doesn't arrange the liquidation part of service.

The main source of income or profit that can be realised is the yield distributed annually.

Not to pour cold water, don't get me wrong here, above statement is not meant for comment whether it is good or not good investment.

This post has been edited by cherroy: Jun 15 2008, 09:51 PM

Hi guys.
The price factor, its really hard to keep track. The price is being decided by the management themselves. Even we have a hard time keeping track of it.

To answer some of the above questions,
The management allocated specific plots for certain price. Current updated news would be, the company is trying to get approval release for the 30% reserved land, and to sell it probably at RM8000 or higher. And they would be taking another piece of land to patch back the earlier mentioned 30% released land.

Liquidation will not be a big issue, coz currently the management do not hav enough lots to sell. They will send SMS to investors who invest at RM5000, and RM5500 soon later and offer to buy back from you at the offered price and possibly sell it at RM7500.


Anyhow i wont be stopping my tracks here. Life has to go on, and i will find a worthy investment product thats worth discussing n investing in.


Pls PM me for any extra feedbacks this will be my last posting in CHGS thread.

This post has been edited by neocappuccino: Jun 17 2008, 02:50 AM