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

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yim1234567
post Mar 29 2011, 03:49 AM

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the growers investment club need to pay .. not worth it
honestly i am not sure how they actually calculate our bonus.
if my grower's fee is RM 7000, how should it be calculate for the 3 months rate of 8% and 9 months rate of 12%?
Did anyone mind to help me with the formula?

This post has been edited by yim1234567: Mar 29 2011, 04:19 AM
airline
post Mar 31 2011, 10:41 AM

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I subscribe for 2 lots ie 15k.
They give me yearly dividend 1.8k. Is the calculation correct for 3rd year?

500Kmission
post Mar 31 2011, 12:28 PM

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QUOTE(yim1234567 @ Mar 29 2011, 03:49 AM)
the growers investment club need to pay .. not worth it
honestly i am not sure how they actually calculate our bonus.
if my grower's fee is RM 7000, how should it be calculate for the 3 months rate of 8% and 9 months rate of 12%?
Did anyone mind to help me with the formula?
*
I think they have give u the formula to show how to calculate, right?
i think as long as they give us more than 8% which is more than most of investment, that is ok to me.


Added on March 31, 2011, 12:29 pm
QUOTE(airline @ Mar 31 2011, 10:41 AM)
I subscribe for 2 lots ie 15k.
They give me yearly dividend 1.8k. Is the calculation correct for 3rd year?
*
check the calculation with the cheque.


This post has been edited by 500Kmission: Mar 31 2011, 12:29 PM
mick87
post Mar 31 2011, 02:13 PM

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my mum has been invested in this scheme since 2007, and getting return of 8% for 3 years, if im not wrong, her return for this year is 11% which they pay out every February of the year. I have seen they are selling it for 7k and above for a plot now
cute_boboi
post Apr 1 2011, 03:52 PM

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Ok, finally confirmed. The amount is from CHGS. I called up and they email me the softcopy.

1/1/2010 - 5/3/2010 = 8%
6/3/2010 - 31/12/2010 = 12%

Less: 0.1% management fees (6/3/2010 - 31/12/2010)

Note that I get 8% for 2.16 months and 12% for 9.84 months, as compared to what you all mention for 8% @3 mths and 12% @9 mths.

500Kmission
post Apr 7 2011, 10:50 PM

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anyone know how to sell my CHGS slot or what the step by step to sell my slot is; and what is the meaning of online trading and buying pending?
hpcp
post Apr 8 2011, 10:49 AM

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QUOTE(500Kmission @ Apr 7 2011, 10:50 PM)
anyone know how to sell my CHGS slot or what the step by step to sell my slot is; and what is the meaning of online trading and buying pending?
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Why wanna sell?
500Kmission
post Apr 8 2011, 01:20 PM

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QUOTE(hpcp @ Apr 8 2011, 10:49 AM)
Why wanna sell?
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need money for other investment and like to know what is the process of selling. I just want to sell one of my slot only.
kokkeehouw
post Apr 8 2011, 11:59 PM

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QUOTE(500Kmission @ Apr 8 2011, 01:20 PM)
need money for other investment and like to know what is the process of selling. I just want to sell one of my slot only.
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How much you want to sell ??
500Kmission
post Apr 9 2011, 11:11 AM

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no one sell one slot before? i think i shd go ask CHGS then.
yim1234567
post Apr 10 2011, 06:27 PM

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QUOTE(500Kmission @ Mar 31 2011, 12:28 PM)
I think they have give u the formula to show how to calculate, right?
i think as long as they give us more than 8% which is more than most of investment, that is ok to me.


Added on March 31, 2011, 12:29 pm
check the calculation with the cheque.
*
Hi 500K

There is no formula to show how to calculate on the cheque, they just showed me the % paid for the first three months and the following six moinths.
I actually purchased for 5 slots but on top of the payment cheque it only showed the pricing for one slot.
So i am suspecting they might be paying me less and i wish to know how it is being calculated.


Added on April 10, 2011, 6:31 pm
QUOTE(500Kmission @ Apr 7 2011, 10:50 PM)
anyone know how to sell my CHGS slot or what the step by step to sell my slot is; and what is the meaning of online trading and buying pending?
*
You need to register yourself on the website.
Then they will provide you a password.
Once you can login, you can click on your profile.
And you will find the number of slots you have.
Click on whichever slot you want to sell.
Then your sale will be either online trading or buying pending.
Buying pending i think should be referring to that someone is buying your slot or the CHGS is buying it back first.
Online trading is open for everyone to buy.

This post has been edited by yim1234567: Apr 10 2011, 06:31 PM
500Kmission
post Apr 10 2011, 10:35 PM

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QUOTE(yim1234567 @ Apr 10 2011, 06:27 PM)
Hi 500K

There is no formula to show how to calculate on the cheque, they just showed me the % paid for the first three months and the following six moinths.
I actually purchased for 5 slots but on top of the payment cheque it only showed the pricing for one slot.
So i am suspecting they might be paying me less and i wish to know how it is being calculated.


Added on April 10, 2011, 6:31 pm

You need to register yourself on the website.
Then they will provide you a password.
Once you can login, you can click on your profile.
And you will find the number of slots you have.
Click on whichever slot you want to sell.
Then your sale will be either online trading or buying pending.
Buying pending i think should be referring to  that someone is buying your slot or the CHGS is buying it back first.
Online trading is open for everyone to buy.
*
but i find some slot still buying pending since jun 2010. it already take more than 9 months, why still pending?
yauz
post Apr 11 2011, 10:35 PM

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Hello everyone..I m new here..
Anyone here interested to sell your CHGS units?
I m independent to CHGS company and personally show interest in buying CHGS.
If you are willing to sell your CHGS units, perhaps we can discuss about it.
Thank you =)
My email is : ju_yau@hotmail.com
airline
post Apr 11 2011, 10:38 PM

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hot demand this CHGS rclxms.gif
yim1234567
post Apr 11 2011, 11:16 PM

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QUOTE(500Kmission @ Apr 10 2011, 10:35 PM)
but i find some slot still buying pending since jun 2010. it already take more than 9 months, why still pending?
*
Well you got the point i did not realize some of the posting for sale already exceed 9 months.
If i am not wrong inside the agreement when we sell the units, it mention that the selling will be only for 3 months.
are you going to call CHGS to check about this ?
500Kmission
post Apr 12 2011, 01:16 AM

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QUOTE(yim1234567 @ Apr 11 2011, 11:16 PM)
Well you got the point i did not realize some of the posting for sale already exceed 9 months.
If i am not wrong inside the agreement when we sell the units, it mention that the selling will be only for 3 months.
are you going to call CHGS to check about this ?
*
yes, i have called the counter. she say the person start from trading online, then after long time the person has amend several time for the selling price (i.e. there is not buying pending from the date i saw). One more thing the counter has mention, some of the buying pending actually have been sold, but the admin may be forget or dont know it has been sold, so that the list still showing it.

I have done the process accordingly and i also see my trade on the trading list. I hope i can sell it before May.
TSF1meteor
post Apr 21 2011, 11:39 PM

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QUOTE(yim1234567 @ Apr 11 2011, 11:16 PM)
Well you got the point i did not realize some of the posting for sale already exceed 9 months.
If i am not wrong inside the agreement when we sell the units, it mention that the selling will be only for 3 months.
are you going to call CHGS to check about this ?
*
sorry, what do you meant by 3 months?
after you list there for 3 months also no buyer, then CHGS will buy it back?

i'm thinking of selling it also...
the way CHGS deal is very bad.. there is no transparency...
i remembered for last year, i actually receive a CD from them (but i didn't open to look what's inside)

airline
post Apr 22 2011, 12:05 AM

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Didn't receive any cd.
Letter also don't have
Lately only have SMS. Cross sell
500Kmission
post Apr 22 2011, 12:55 AM

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QUOTE(F1meteor @ Apr 21 2011, 11:39 PM)
sorry, what do you meant by 3 months?
after you list there for 3 months also no buyer, then CHGS will buy it back?

i'm thinking of selling it also...
the way CHGS deal is very bad.. there is no transparency...
i remembered for last year, i actually receive a CD from them (but i didn't open to look what's inside)
*
I got a buyer last friday. I went to CHGS to surrender my agreement and certificate on this monday. I hope the buyer pay as soon as possible, so i will not worry anymore.
TSF1meteor
post Apr 22 2011, 02:46 PM

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QUOTE(500Kmission @ Apr 22 2011, 12:55 AM)
I got a buyer last friday. I went to CHGS to surrender my agreement and certificate on this monday. I hope the buyer pay as soon as possible, so i will not worry anymore.
*
mind to share how you found the buyer?

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