That's what im trying to tell. Sometimes it's very bias to get information from the marketing department. Because what they need is to market the product. Investor would be more assured if the management company can provide everything black and white to assured the investor that buyback option is available. But unfortunately, it seems like it's not the case. Management stated very clearly that they do not guaranteed a buyback. Which in return makes the investment not liquid. This is what every investor should know prior to invest. I've cleared off my part. Thanks for your reply.

welcome. well i think im being very transparent for most of the part , but if you could take tat risk, its a great investment overall. but out there, there is no guarentee buy back scheme, liquidity is always an issue in every investment. normal la....




This post has been edited by neocappuccino: Jan 7 2008, 07:54 PM

Not really, other investments, we can exit even though at a loss, in case of emergency. This is the problem. In this case, company already stated clearly not obliged to buy back under any circumstances whatsoever, even at par value or even less.

Out of 5000 acres (since company take 50%), how many percent is taken up?

we only hav 30% left to sell. appx 600 plots left.
i hav alot of solutions for ya guys, but its not in the agreement so u all wont trust me or anything.
we dun need u to release at a loss, but juz at par value, im able to put ur plot for sale.


This post has been edited by neocappuccino: Jan 7 2008, 10:44 PM

There's no free lunch here...I think v shd just be realistic and understand the risk and reward given. I think it has already been made known.....yield is attractive but liquidity might be a problem....

those who has not much savings/emergency cash shd avoid this kind of investment....as for those who has lots of x-tra cash...can try to invest a small sum on this.....just my 2cents....

I have invested in this scheme couple months ago and i have a question to ask Neo (Andrew). The brochure stated that if the CPO is above RM2100, we are entitled to 12% dividen. Would the management pays extra dividen if the CPO price hits all time high like RM6000?

yeah i agree with that. they say you hav to give and take, its a win win situation here. but i don't know whether it applies in investment....juz my 2 cents keke.

diversify some into it, or extra money is a wise move. i hav nothing to hide which i hav reveal to all and every reader knows the pros n cons of this investment.

---

Added on January 8, 2008, 1:11 amthx for investing with us. we really appreciate your support. and i hope to see you in the gala dinner at palace of the golden horses this 22nd of this mth. i'll be keeping in touch you and i hope to shake your hand at the ballroom.


well if the CPO price hits a high time RM6000, you will still get a stable 12%.

the extra dividen is from the yield of the land. which is from 1% - 5% extra.

This post has been edited by neocappuccino: Jan 8 2008, 01:12 AM

So whether the CPO is RM2100 or RM6000, dividend is still 12%?
And yield of the land at 1%-5% is dependant on what?

depending on our payout table.
if the yield of the land for tat year is

20-24 metric tonne, additional 1%
25-29 metric tonne, additional 3%
30 above metric tonne, additional 5%

so lets say if the CPO is above 2100, and yield for the land is for tat year is 26 metric tonne.
so your dividen back would be 12% from CPO, plus 3% from yield of the land.
so total u would get back is 12% + 3% = 15%
so

RM5500(one plot) x 15% = RM825

this is a rough calculation, which will happen in the future.

Aiya, just realized that 22nd is a Tuesday. Why can't they have it on a Sat or Sun so more investors can attend??

BTW, when are they sending the invite? Can a person pick up cq on spouse's behalf?

aiks aiks....correction my bad.....
its on the 22nd of February 2008 Friday
i'll get more info on the gala dinner asap.

Would CHGS send out any invitation card for investor to attend the dinner? Also, if the CPO is RM6000, where would the profits go if no distribute as a bonus to the Growers?

This post has been edited by netcrawler: Jan 8 2008, 10:38 AM

Neocappuccino,

Thanks your input so far, the conclusion we get is that we previously no doubt about its yield/return attractiveness, but we are highly concern on liquidation part as most investment public made, it can exist even when market condition is bad (the only difference is making a loss), including properties (just not so fast).
But the CHGS has not clause on the agreement means public can't liquidate even after 23 years (so far what I can get they have the first option to buy back afer 23 years, but doesn't mean it is a must, right? (sorry, the post is bit long to read throughout again, if I read it wrong on that, mind to correct me if I am wrong on this part).

Sometimes, investment part is unpredictable so does individual issue, the most concern for public whom have limited fund is that what if I need to liquidate the investment in CHGS for emergency usage? So far unless third party willing to take up, public can't liduidate at all. This is also part of the risk in it. Also, I don't think banks would accept this kind of 'certificate' as collateral that in order to take up bank loan if really needed for energency usage.

Not to pour 'cold water', instead as said yield return is attractive enough, just public need to understand the clause of agreement in this kind of investment and as a responsible sales person, one needs to properly explain this issue also, can't just put yield and return is attractive then should forget about others thing else.

Just my 2 cents.

Good question. I also want to know?

updates on the gala dinner night at palace of the golden horses.
all investors who invested can participate in the event, RM100 per seat. Limited seats to cater for around 800 investors. can pm me if any investors wants to attend.

if the cpo reaches 6000, the rest of the profits goes to the management company.
the bonus that investors get are from the yield of the land from 1-5 %

---

Added on January 8, 2008, 6:40 pmCHGS doesn't guarentee a buy back, true. But u are able to sell it on the open market at appreciated price. Like properties the investment will hav its value overtime. There is no guarentee buy back for properties too if im not mistaken. Treat it like a land investment and it will all make sense. Basically you are investing at a plot of real land located at Gua Musang Kelantan.

About the agreement part, i really cant do much which i cant juz change anything but to help u a better understand about CHGS.
First option to buy back b4 maturity date. During maturity date, an independent valuator will be elected by the trustee, and put later put the land for sale. After its sold, the money will be equally divided back to the investors.
Pls check the agreement its on page 12 clause 11.


So far what i hav told my customers are, if they really in need to sell their plots, i will volunteer to help them sell their plot of land at the value they want. Country Heights has a huge base of customer, so its not impossible to sell a few plots of land.



This post has been edited by neocappuccino: Jan 8 2008, 06:40 PM

So after maturity, they'll put the land for sale? What if the land sold at lower than market value? Or no buyer willing to buy off the land? After sold, the money will be distributed back to investor? It seems to be not bad afterall, other than the liquidity part.

if you can keep for 23 yrs, its the best deal in town available. Management hav to sell the land in order to honour the agreement. They evaluate the land b4 6mths of the maturity date. Trustee will make sure everything is taking place here. Such example are trustee will actually held a small seminar inviting investors to attend and discuss the matter at hand.
The land value may be lower than purchased price, its possible. But when u think about a land that's generating income for the past 23 yrs, its very unlikely to happen.

After sold the money will be evenly distributed back to investor.
That's where u get back your capital + capital appreciation.
It makes sense, u invest on a piece of land, being managed by company, and enjoy the yield of the land.
Seriously in case of emergency, u need money and need to sell off some plots, dun hesitate to contact the company, or me, we will help to assists u in any manner possible.

not here to touch and go leh, i dun wan to spoil my reputation, nor the company is ready to damage its name.

Ok, last question.
May i knw how much is the market price of 1 acre land at Gua Musang Kelantan?

---

Added on January 9, 2008, 12:05 amRM900 per acre
Gua Musang Kelantan
Code 494 5,000 acres
Leasehold
RM900 per acre
Oil Palm
Located near Limau Kasturi, Gua Musang, Kelantan. The land is not very hilly and suitable for oil palm planting. Buyer will be taking a sublease from Yayasan Islam Kelantan (YIK) for 66 years which is renewable for another 33 years. Lease premium is payable to YIK at RM50 per acre per year for the 1st 4 years. Thereafter, it is based on a percentage of the FFB price.

http://www.malaysialand.com/oil_palm_land.htm

So basically we're paying RM5000 for 1 plot at market value of RM225/quarter acre?

This post has been edited by keith_hjinhoh: Jan 9 2008, 12:05 AM

im not sure of the exact amount here.
but its definitely lower than market price outside there.
to compare, an acre land would cost around RM28,000 in area like johor. Some may reach RM32,000 but the location in other states of malaysia which im not sure.
CHGS, is by far the cheapest or comparable price on sale in the market price, RM22,000 an acre.and being managed for you.

im comparing a fully cultivated and planted with trees land for sale. not some empty reserved jungle land.
u can get raw land at very cheap price around RM7000 an acre, some even lower, but not cultivated / planted.

but pls correct me if im wrong, i dun wan giv wrong info here. thx thx

I'm not really sure about the market price. But I see land in Gua Musang isn't very attractive. And i thought the land at Gua Musang isn't fully planted yet? How to compare it with a fully cultivated and planted trees land prices while it's just a piece of empty land at this moment?