They must contact me!

bro,

people in war, u go shopping. haiz, better shop for palm scheme lah.

CPO price may face downward pressure

KUALA LUMPUR: Palm oil may extend a decline as supply of the most used cooking oil from Indonesia and Malaysia climbs and biodiesel demand peaks, said Dorab Mistry, director at Godrej International Ltd, signalling a third year of losses.

A rally in futures since the end of July was over and prices would drop from now, Mistry said in remarks prepared for a conference in Singapore yesterday, without giving a forecast.

Prices rebounded 9.5% from a three-year low of RM2,137 a tonne in July as the spread between palm and gas oil created demand for biodiesel, he said.

Mistry predicted in May a drop to RM2,000 from July, citing a build-up in stockpiles during the peak-production cycle.

Futures have lost 4% this year, extending the combined 36% slump in 2011 and 2012, and a third year of losses would be the worst run since at least 1996, according to data compiled by Bloomberg.

Prices of the oil used in everything from candy to detergents posted the biggest monthly gain since December 2010 in August as crude oil rallied to a two-year high and a weaker ringgit boosted exports.

“I believe the rally in CPO (crude palm oil) prices has just about run its course and will face downward pressure from here,” said Mistry, who has traded vegetable oils for more than three decades.

“It would not surprise me to see new lows in vegetable oil and particularly in palm and lauric oil in early January.”

Palm for delivery in November ended the morning session at RM2,340 on Bursa Malaysia Derivatives yesterday. The Standard & Poor’s GSCI gauge of 24 commodities jumped to a six-month high on Aug 28, led by a rally in crude oil, soybeans, cocoa and cotton.

“Markets look like they have peaked and that the path of least resistance will be sideways to lower,” Mistry said. “This applies to grains, oilseeds, meal as well as vegetable oils. I am flagging some uncertainties with regard to demand for edible vegetable oils in countries like India which have suffered from currency degradation.”

The weakness in currencies of emerging-market economies would act as an import tax and would be disruptive for commodities demand, Mistry said.

Barring any weather disruptions, palm oil was set to trade lower on a bleaker economic outlook as the US Federal Reserve might taper stimulus, he said. — Bloomberg

No more palm oil schemes for me unless I catch it on the first year (to receive maximum dividends). For now, shopping and remainder dump into house loan.

haha. sama sama.

It sound to attractive for such scheme, guarantee 7% for the first 5 years, i can brain why the logic they giving out like this

Lend money from bank = BLR + 1% = 7.6% (If i'm not mistaken for agricultural land and allowed for 60% financing only)

Now the owner not happy because have to work for bank and having tight cash flow, so he got an genius idea for inventing such scheme giving out 7% guarantee return for first 5 years, and also possibly more than 100% financing

When the palm tree reach mature stage,
first way fast fast ditch the investor and reap the profit onwards since investor already save up 0.6% of interest cost and successfully solve his cash flow problem in the initial 5 years
second way squeeze it dry by *ahem ahem* since management run by them

So after this story, do u guys believe got such big frog jumping around?

This post has been edited by yhtan: Sep 13 2013, 11:26 PM

The 7% is paid out from the customers pocket as confirmed by the scheme consultant.

You pay 100%, 35% of your money (7%x5) will distribute back to you gradually in 5 years. 10% keep by bank. 55% apparently is the cost for land and planting.

You are effectively giving them 0% interest loan for 5 years.

This post has been edited by gark: Sep 14 2013, 10:26 AM

What was the gold scheme with similar model?

for the bold part, what can ssm really do? Unless your scheme is vetted thoroughly and approved by SC then investor will have more confidence in it. nonetheless, I want a copy of your prospectus. shoot me a pm.

Use investors money to pay back to investors as "dividend"

I agree, better don't invest anymore in any Palm Oil schemes

Use for other Important purpose much more better

Whoever has yet to receive the cheque can contact Ms Kuan from CIMB Trustee at 03-20848703 or email to cimbib.trusteecorppds@cimb.com.

for now i just glad i got back my money will spend my money for other uses so any investment will be on hold until maybe next year and see how.

Keen on EWOPS
Seek comments from all of u
Thanks

hey bro, have you read the EWOPS prospectus? I personally find their gearing too high... maybe need it for working cap and initial investment. but I don't have a cash flow/ proforma cashflow/ forecasts and projections. maybe we can discuss this more in private. I haven't meet the personnel from EWOPS yet, but my dad has..

For 5k investment, u get 8% returns for 8 years

This post has been edited by wil-i-am: Sep 25 2013, 09:47 PM

huh, what do you mean? don't quite get it.

why not consider ict venture zone?
also 8% pa

more info pls?

go to the website see ictventure.com.my