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 Country Heights Grower Scheme (CHGS), anyone heard before?

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cute_boboi
post Feb 17 2012, 09:56 AM

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Got mine also yesterday by snail-mail. Below is the additional letter:

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cute_boboi
post Feb 27 2012, 04:52 PM

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QUOTE(swl86 @ Feb 26 2012, 01:58 AM)
I wonder if they can continue to pay a dividend yield of 12% or a higher yield since they are paying the dividend from non-estate related internally generated fund.

I just read CHGS's prospectus dated 13 December 2011. The outlook of the plantation doesn't seem promising based on what the independent consultant, Elaeis Corp Care has written in its report for inclusion in the Prospectus. I hope the outlook of the plantation will change.
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I can't recall exact, but the plantation is not be in full production mode yet. It should be still growing/maturing.
Perhaps year 5 or 7 should start full harvest. I might be wrong. Just replying from my mind.


 

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