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

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kazy90
post Mar 13 2012, 03:13 PM

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CHGS has sold out their plots. and now Golden Palm is the second generation of CHGS.

Golden Palm Growers Scheme (GPGS) similar to CHGS, now is 8800/plot phase 3, first 6 years guaranteed 6% + bonus, 7th to 23rd years is based on profit sharing, minimum payout 9% if the cpo price is more than RM1500/mt.

Last year payout from GPGS was 8%, 6% guaranteed + 2% discretionary bonus

here is the latest update from GPGS, news on 13th of March 2012.
Golden Palm Growers sees repeat of 2011 8% rate of return for investors

feel free to drop me msg =D
kazy90
post Mar 13 2012, 04:31 PM

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QUOTE(sam sam @ Mar 13 2012, 04:15 PM)
what i did not like about GPGS is that there is no black and white like CHGS.
With CHGS its clearly stated if CPO 2100 payout 12%, CPO rm2000 11%

quite nicely stated.
but with GPGS you can get more than CHGS. buts that's a gamble to know the outcome in another 4 years time
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Ya. Because of that, many investor aware of CPO price has unlimited upside. Now the CPO price is rm3300. Yet, CHGS limited to the investor maximum 17% on the net yield payable.

However in GPGS, it shares the profit from the plantation, it may go up to 30% depending on the net yield.

So, this is the biggest difference between GPGS and CHGS.



 

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