+1

Buy plantation co shares you are the shareholder who own the company. Company already in existence with tens of thousands hectar of plantation. The land belongs to company. You share the profit every year and receive dividend. Share price increase you make capital gain

Other schemes you are just sharing the risk. No matured plantation. No track records. And you are not the owner of the company that own the land and plantation

Investors of CHGS is just lucky LKY is the boss and he has a reputation to keep.

Agreed. Everything is about risk and return. At least CHGS has LKY who eventually return the growers' money + dividend. How about the boss behind this scheme ? If anything is wrong (touch wood), will he/she be able to do what LKY did ?

I can see he owns 2 KLSE listed companies. How is the 2 companies' performance in terms of profit ? And also their current share price ? You mentioned dividends. How's the dividends from the 2 listed companies ? I hope their dividend is good. Because he will be managing the scheme and pay dividends to the investors. His track records of companies currently under his management must give confidence to potential investors. Hope you can convince investors here by sharing your boss' achievement in managing his companies

Feeling strange, why in your website listed down 2 other public listed companies' name (Widetech and Ablegroup) instead of Sunrise ? While you only mention Sunrise and not other 2 listed companies here ? You should update your website to include Sunrise in your boss' profile. I have never heard of Widetech and Ablegroup. But Sunrise is a well known name

Why is your boss high profile in 2 low profile listed companies but low profile in high profile Sunrise ?

If I were to invest in this scheme, I will definitely look into how are the performance of the companies under your boss' management. Maybe I will research a bit when I have time. If you can give a summary here, then it will be good

I did some searches on info of the people behind this scheme. As the scheme is new and without track records, I think it would be useful to see how their existing companies are doing to roughly gauge their management skills. When investors invested in CHGS, we knew who LKY is and how his companies are doing.

The big boss and CEO is Dato Allan Lim Kim Huat. In the profile of the website, Dato Lim is also the Executive Chairman of Widetech (Malaysia) Berhad and MD of Ablegroup Berhad, 2 companies listed on Bursa. He has about 100 other companies of which he is a director or shareholder. The other director of this scheme is his son. There are only 2 directors in this company

Financial of his public listed companies - Widetech

FY2012
Turnover RM8.9m
Loss -RM1.1m
EPS -RM3.08
Dividend Nil

FY2013
Turnover RM9.4m
Profit RM2.3m
EPS RM1.85
Dividend Nil

It made losses for FY2010 (-RM1.4m) and FY2011 (-RM436k). Loss in FY2012, but turnaround in FY2013 But for 1Q FY2014, it went back to a loss of -RM218k. No dividend declared for the last 4 years. Closing price today is RM0.445 (considered penny stock ?)



Financial info of Ablegroup

FY2011
Turnover RM22.9m
Loss -RM50.3m
EPS -RM30.94
Dividend Nil

FY2012
Turnover RM8.0m
Loss -RM8.5m
EPS -RM3.31
Dividend Nil

The company also made losses for 2009 (-RM17.9m) and 2010 (-RM56.8m). Losses continue in FY2011 and FY2012 and also in 1Q and 2Q FY2013 (-RM222k). No dividend declared for the last 4 years. Closing price today is RM0.135 (penny stock)

The above info are obtained from KLSE announcement and other public available website. Please re-verify if you intend to make decision based on the info. I cannot be held responsible for any mistake in the numbers

Only did searches on the 2 companies which was listed in the profile. If there are some other companies listed under the boss' profile, we can also do further searches.