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

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kmarc
post Feb 18 2011, 05:18 PM

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QUOTE(bookstore @ Feb 18 2011, 04:45 PM)
Yea, I understand on the unpredictable yield which rely on CPO price.

CPO has to remain above RM 2100 in order for us to get the yield.

Risk on Liquidity as they no obliged to repurchase our plot.

This is in my considering phase as it involved 23 years.
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Errmmmm.... if I remembered correctly, it has to be more than RM2,500. Not too sure.

Don't forget, if above that price, the lowest is 12% and highest is 17% depending on how much they can harvest. wink.gif
kmarc
post Feb 19 2011, 10:40 AM

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QUOTE(scoop7 @ Feb 19 2011, 10:25 AM)
11.2% is still good right?
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Yes, yes and YES! biggrin.gif Why you ask such question? hmm.gif

Anyway, I'm not sure how they are going to calculate the dividend from this year onwards. Whether it is still 2 different rates or one rate starting 1 Jan 2011.
kmarc
post Mar 3 2011, 06:17 PM

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QUOTE(Gliese @ Mar 2 2011, 10:36 AM)
Hi, somehow i could not find the form that they send to us. Can anyone help by sending me the form ? Much appreciated.
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Why don't you contact them to email you the form?

QUOTE(cute_boboi @ Mar 3 2011, 04:01 PM)
Hmm... I got SVG GIRO money in my account yesterday, not sure if it is or not, got cent figures.  hmm.gif

Can't get that amount from your formula, if I count from my purchase price. If based on your formula, they pay me ~RM400 extra.
rclxub.gif

If I count 1-Jan to 31-Dec @12% and then minus 0.1% , I still get ~RM60 extra.
sweat.gif
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Hmmm.... weird..... are you sure it is from them? Your dividend shouldn't be more than 12% leh......
kmarc
post Mar 3 2011, 11:01 PM

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QUOTE(netcrawler @ Mar 3 2011, 10:18 PM)
Still haven't get my dividend eventhough i already fax 1-2 weeks the form. How do i contact them?
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Uncle google is your best bet. Anyway, here's their contact no : http://www.chgs.com.my/reachus.asp
kmarc
post Mar 23 2011, 11:14 PM

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QUOTE(yim1234567 @ Mar 23 2011, 09:39 PM)
Hello truth seeker

Yes
Jan 10 to Mac 10 =8%
apr 10 to Dec 10 =12%
management fee = 0.1%

why? anything strange or miscalculate?
*
Wei, company curi my dividend for one month ka? cry.gif laugh.gif
kmarc
post May 3 2011, 06:52 PM

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Can somebody read the new prospectus and tell us noobs what's happening? blush.gif

http://www.chgs.com.my/eprospectus.asp

Looks like the elephant problem is still there although reportedly under control......
kmarc
post May 4 2011, 11:20 PM

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QUOTE(500Kmission @ May 4 2011, 10:50 PM)
What do you mean CHGS has already ended?
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I think he meant that all the plots are already sold.....
kmarc
post Oct 13 2011, 08:13 PM

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QUOTE(scoop7 @ Oct 13 2011, 06:51 PM)
Just got an email confirmed next year payout is min 12%
Anyone else can confirm?
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Haven't received anything yet. How come declare dividend so early? I thought it is around Feb? hmm.gif
kmarc
post Oct 23 2011, 10:32 PM

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QUOTE(scoop7 @ Oct 14 2011, 02:02 AM)
It's not really declare dividend. It's like telling investors due to high cpo price tis yr, dividend next yr will b at least  12%
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Oops! Forgot to reply. sweat.gif

I see..... haven't received any emails from them up to now.... doh.gif
kmarc
post Feb 9 2012, 08:13 PM

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QUOTE(Justmua @ Feb 4 2012, 09:16 PM)
What is the dividend rate?
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Still waiting for good news or updates........ sweat.gif
kmarc
post Feb 16 2012, 09:53 PM

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QUOTE(putih @ Feb 16 2012, 03:50 PM)
today got cheque from chgs for 2011 12% dividends as expected. Weird coz they send cheque? Last year bank in ma...
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Cool. Haven't received mine yet. drool.gif

I find it weird that there were much fanfare in the news when they announced dividends in Feb 2011. For this year, not even a drop of hint regarding the distribution of dividends. What's going on? hmm.gif
kmarc
post Jun 16 2013, 08:48 AM

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QUOTE(netcrawler @ Jun 11 2013, 09:26 PM)
When they will refund the remaining balance and dividend? The deadline is getting closer.
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The initial 10% payment was very close to the dateline of one month. I won't be at all surprised if they delay until the very end.
kmarc
post Jun 16 2013, 08:59 PM

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QUOTE(netcrawler @ Jun 16 2013, 04:50 PM)
The very end should be 8 August 2013 right? This means still 1 1/2 months for the remaining sum.
*
Should be. Hope no more funny surprises!
kmarc
post Sep 9 2013, 01:39 PM

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QUOTE(sam sam @ Sep 9 2013, 11:53 AM)
I just got my checks in the mail
so the rest should be getting them soon
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QUOTE(Justmua @ Sep 9 2013, 01:27 PM)
yeap. got mine too.
*
Can go shopping after this..... and close this chapter of bad (or is it good?) investment..... biggrin.gif
kmarc
post Sep 9 2013, 02:05 PM

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QUOTE(Justmua @ Sep 9 2013, 01:56 PM)
Shop for some good value dividend paying stocks!!
*
Good idea but I'm 99% out of stock markets. Waiting for the next crash.... biggrin.gif whistling.gif
kmarc
post Sep 12 2013, 01:33 PM

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Wow! Serious discussion going on here.

Me just in to say it's time for shopping! rclxm9.gif

Both cheques received with a letter of apology explanation attached from Tan Sri.

Ok, I'm outta here, continue serious discussion..... biggrin.gif
kmarc
post Sep 13 2013, 02:49 PM

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QUOTE(stonkong @ Sep 13 2013, 02:20 PM)
bro,

people in war, u go shopping. haiz, better shop for palm scheme lah. icon_rolleyes.gif
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No more palm oil schemes for me unless I catch it on the first year (to receive maximum dividends). For now, shopping rclxms.gif and remainder dump into house loan. nod.gif

 

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