the big boys are always bullying the public retailers like us.

You see, last time the clause mention if Palm price drops to RM800 per ton, then company may have to terminate the grower scheme , no profit or company lose money, cannot pay you all dividend , close scheme, ok la, fair enuff.If this happens, they also wont pay back full amount of what you have invested, they want you to share their losses.

But now, what is the palm price??

RM2300!!!, the company must be making alot of money already, and when the time comes for the people who buy the growers scheme to get some good return, the big boys play dirty, wanna cancel the scheme liao...

LAst time starting time, the big boys wanna use your money to lessen their financial burden. If scheme lose money people share their losses.

Now the scheme is going to make big money, the big boys wanna push the small investors all out.

As if that was not dirty enuff, the RM215 million people put in last time , is now valued at only RM129 million, who decides on the land value, they themselves.

And the fox's tail is most revelaing when the AGM is hurriedly rushed to the most ungodly days of the month, just 1 day before people all go back for long CNY Leave - so that not many of you can find time to attend.

THis type of tactic is also played by banks in their structured product.
To attract people to give them money to invest, they offered high return rate, but linked it to certain index, KLIBOR etc..

To cover their back side, or cheat the investors, they add in a call back clause.

Product losing money, consumers take the loss, no dividends paid.
Bank wont call back, it will go on and on till maturity 5 years, and consumers get 0 return, the bank get to use the millions from people for free.

Product making money, ie the reference index always fall within the range, (bank's miscalculation liao..), bank must keep paying you the high dividend stated at the beginning, now the bank will play dirty, call back the scheme and return you your money.

I kena this before.

This post has been edited by guy3288: Jan 27 2013, 01:59 AM