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

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kmarc
post Feb 8 2011, 04:12 PM

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QUOTE(Justmua @ Feb 8 2011, 10:57 AM)
[attachmentid=2032658]

Received a CHGS eNett Yield Form in PDF format this morning. Anyone wishing to register for direct crediting into your bank must filled up this form.

I attach the file for your convenience.
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Yeah, I received an email and sms from them too. Already submitted my forms, waiting for big ang pow! rclxms.gif
wodenus
post Feb 8 2011, 06:14 PM

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So is anyone making a net profit from this after so many years?

kmarc
post Feb 8 2011, 08:33 PM

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QUOTE(wodenus @ Feb 8 2011, 06:14 PM)
So is anyone making a net profit from this after so many years?
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Wodenus, it is too soon to tell. This is only the 4th completed year where the first 3 years was 8% while year 4 (year 2010) is the year profits are distributed (i.e. 12%). For me, I only bought during the 2nd year and so far only got 8% + 8% + 12% (although somebody did mention the harvest started in April).
TSF1meteor
post Feb 14 2011, 01:36 PM

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QUOTE(kmarc @ Feb 8 2011, 08:33 PM)
Wodenus, it is too soon to tell. This is only the 4th completed year where the first 3 years was 8% while year 4 (year 2010) is the year profits are distributed (i.e. 12%). For me, I only bought during the 2nd year and so far only got 8% + 8% + 12% (although somebody did mention the harvest started in April).
*
same as me
2 plots, so far been getting 8% + 8% + 12%
just filled in my form and will be mailing them later.

I just wonder for those outstation people who have no access to internet, will they continue to send the cheque?
It's kind of inconvenient to stop sending cheque directly...
truth_seeker_09
post Feb 15 2011, 05:27 PM

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how come i have not receive any sms or email??
i dont know where's my agent already


Added on February 15, 2011, 5:28 pmalso, how come there's none annual report? since very beginning?

This post has been edited by truth_seeker_09: Feb 15 2011, 05:28 PM
fglim_carissa
post Feb 15 2011, 06:46 PM

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i saw the news from sin monday newspaper and this is the article that i saw from it. I guess this is the news that everyone is waiting for. Hope this help.

http://biz.sinchew-i.com/node/43935


Added on February 15, 2011, 6:50 pmbtw, i did not receive any sms nor email from them neither. Where should i get this form from? Will still able to accept or not after the dividend declared?


Added on February 15, 2011, 6:59 pmanother articles abt CHGS in english version

http://www.btimes.com.my/Current_News/BTIM...rowers/Article/

This post has been edited by fglim_carissa: Feb 15 2011, 06:59 PM
Bonescythe
post Feb 15 2011, 11:43 PM

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Looks Yummy..
edyek
post Feb 16 2011, 11:00 AM

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It's 16 February. Anyone received money?

Keen to know more this scheme. smile.gif
scoop7
post Feb 16 2011, 01:03 PM

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QUOTE(edyek @ Feb 16 2011, 11:00 AM)
It's 16 February. Anyone received money?

Keen to know more this scheme. smile.gif
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My money is in the bank already rclxm9.gif rclxm9.gif


Added on February 16, 2011, 1:05 pm
QUOTE(prophetjul @ Feb 8 2011, 11:59 AM)
No...the 10k price is in the prospectus....
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i mean you still can get the older plots from other ppl. these plots are selling <RM10k

This post has been edited by scoop7: Feb 16 2011, 01:05 PM
kmarc
post Feb 16 2011, 01:11 PM

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QUOTE(scoop7 @ Feb 16 2011, 01:03 PM)
My money is in the bank already  rclxm9.gif  rclxm9.gif


Added on February 16, 2011, 1:05 pm
i mean you still can get the older plots from other ppl. these plots are selling <RM10k
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Nice. Gonna check mine later. Is it 12% or 10%?
edyek
post Feb 16 2011, 01:28 PM

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QUOTE(scoop7 @ Feb 16 2011, 01:03 PM)
My money is in the bank already  rclxm9.gif  rclxm9.gif
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Nice. rclxms.gif
prophetjul
post Feb 16 2011, 03:04 PM

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Hi PPL

Is your 12% returns based on Rm5500 per qtr acre initial investment?


scoop7
post Feb 16 2011, 05:11 PM

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QUOTE(kmarc @ Feb 16 2011, 01:11 PM)
Nice. Gonna check mine later. Is it 12% or 10%?
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12% of initial
kmarc
post Feb 16 2011, 06:29 PM

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QUOTE(scoop7 @ Feb 16 2011, 05:11 PM)
12% of initial
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Really? Cool! I thought somebody said it was 12% for 3 quarters only. Can't wait to get my Ang pow!
stupidbump
post Feb 16 2011, 07:06 PM

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Is this scheme still available to investors? or closed ?
Bonescythe
post Feb 16 2011, 07:07 PM

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QUOTE(stupidbump @ Feb 16 2011, 07:06 PM)
Is this scheme still available to investors? or closed ?
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If I am not wrong about it. You can buy it from existing investor who are willing to sell them, buy at their price. If you agree, then will be transferred to you.
stupidbump
post Feb 16 2011, 07:11 PM

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QUOTE(Bonescythe @ Feb 16 2011, 07:07 PM)
If I am not wrong about it. You can buy it from existing investor who are willing to sell them, buy at their price. If you agree, then will be transferred to you.
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Will it be abit too late to invest in this at present?
scoop7
post Feb 16 2011, 09:36 PM

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QUOTE(Bonescythe @ Feb 16 2011, 07:07 PM)
If I am not wrong about it. You can buy it from existing investor who are willing to sell them, buy at their price. If you agree, then will be transferred to you.
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this is correct. i think u can contact their agent or office to inquire more.

i think existing investor's price is still lower than new schemes

Look here

Last time i checked before 12% announcement, there were still a lot of lots selling <RM6K. Just checked, all those lots are sold! Still see some <RM7K lots

This post has been edited by scoop7: Feb 16 2011, 09:39 PM
squall_12
post Feb 16 2011, 10:52 PM

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just got my 1st investment for this...managed to buy a RM5000 with selling of RM5600....hopefully can earn some money on later years smile.gif
Bonescythe
post Feb 16 2011, 11:05 PM

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QUOTE(stupidbump @ Feb 16 2011, 07:11 PM)
Will it be abit too late to invest in this at present?
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Never too late.. This for for around 20+ years.
Now it is just the 3rd year.. Still ok to go..

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