Hi all,

My name is Sheridan Mahavera and I am a journalist with the news portal The Malaysian Insider. www.themalaysianinsider.com.

I am doing a story on oil palm-based farm-sharing schemes like CHGS since they are gaining popularity. The latest scheme is called Golden Palm Growers.

I was wondering if any of you are willing to share your experience investing in the scheme for my article.

Are the dividends good? Are getting value for your money? What persuaded you to put your money in here as opposed to unit trusts and stocks?

I'd really like to hear from those who have invested and CHGS agents. I am willing to grant anonymity to those who want it.

If you’re interested, write to me at sheridan@themalaysianinsider.net. I’m not after your money. Just a bit of your time and your opinions.

Thanks and I hope to hear from you soon, Happy Lunar New Year

Sheridan

P.S - go to the Malaysianinsider website and enter my name in the search field to read my past articles.

Happy Lunar New Year all and thanks to kmarc and joecashflow for responding to my previous post.

I have a few follow up questions though:

1) having seen the first “real” dividend of 12 per cent, do you feel that the scheme is more “secure” now than when you previously joined?

2) also I was trawling through the previous posts and found that some of the buyers were having trouble selling their plots? Is this true?
Why?
Can’t you just sell the plot back to CHGS and cash out?

3) Since the scheme is based on a farm commodity, oil palm, are any of you worried if the plantation does not do well even if the price of CPO is high like now?
Many things can happen – plantation management makes mistake leading to lower yield, flooding (like in Johor recently) and produce cannot be transported out?

Again, I extend this invitation to comment to whoever wants to and as stated previously, I will grant anonymity.


Thanks,

Sheridan Mahavera
The Malaysian Insider www.themalaysianinsider.com