Country Heights Grower Scheme (CHGS), anyone heard before?
Country Heights Grower Scheme (CHGS), anyone heard before?
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Feb 17 2012, 09:56 AM
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6,462 posts Joined: Nov 2004 From: [Latitude-N3°9'25"] [Longitude-E101°42'45"] |
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Feb 27 2012, 04:52 PM
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#22
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6,462 posts Joined: Nov 2004 From: [Latitude-N3°9'25"] [Longitude-E101°42'45"] |
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 can't recall exact, but the plantation is not be in full production mode yet. It should be still growing/maturing.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. Perhaps year 5 or 7 should start full harvest. I might be wrong. Just replying from my mind. |
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