QUOTE(sam sam @ Sep 9 2013, 12:08 PM)
Country Heights Grower Scheme (CHGS), anyone heard before?
Country Heights Grower Scheme (CHGS), anyone heard before?
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Sep 9 2013, 01:27 PM
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#21
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418 posts Joined: Jan 2003 |
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Sep 9 2013, 01:56 PM
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#22
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Sep 10 2013, 06:24 PM
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#23
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Are you saying,
1). The return doesn't depend on the plantation production yield, just on CPO price? And you get 7-23%? So, if no fruit bunch, but price high, then investor still gets 7-23% 2). By not promising a fixed return, it is good for you, but bad for investors!! But based on 1- you already more or less committed to 7% what? So, which is which? 3). How are "we committed to making our plantation a success"? QUOTE(suewong85 @ Sep 10 2013, 04:12 PM) Dear all, Now that you all are starting to receive your checks, I would like to introduce Golden Agro Growers Scheme to you all. The Golden Agro Growers Scheme is a 20 year investment scheme. For the first 5 years of the scheme(the planting phase), investors will receive a 7% guaranteed return. From year 6 to year 20 of the scheme (the harvesting phase), investors will receive 100% of the net profits of the plantation, minus a 5% management fee. The projected returns are 7 to 23%, depending on CPO prices. After year 20, the plantation will be sold, and investors will receive capital appreciation as well on the land sold. Unlike CGHS, we argue that Golden Agro Growers Scheme is a realistic investment. By not promising a fixed return during the harvesting phase, the company will not face the issue where it cannot deliver what it is promising. Of course, it is in the company's best interest that the plantation does well. However, we are aware that we cannot foresee what will happen 5, 10 years down the line. Minimum wages might increase, leading to higher labour costs. Fertilizer prices (the largest expenditure of a plantation) might go up too. Nonetheless, we are committed to making our plantation a success. I welcome feedback and questions from you all. Feel free to browse our website - www.gapgrowers.com.my Please email me too at suewong@gapgrowers.com.my if you would like more information. I will be happy to share information about the palm oil industry, our plantation and the Golden Agro Growers scheme. Thanks |
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