Will you support another local Brand F&B chainstore? This is the brand new look from Steven's Corner. A Class above..wow! Just got to know from a friend of mind that they are open for membership to 'Get paid when you Eat'

its look very spacious place... can put another row of tables... lol

so you are chris?

i will support.. if the price not that expensive.... under rm5 for 1 nasi lemak ayam...

hehe, i think customers need to bear the design fees 1 means wont have RM5 nasi lemak ...

hey....how r u man.....yeah i guess that fits another row as the layout are 4000sq ft

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Added on April 28, 2008, 11:22 pmthe current nasi lemak in Steven's Corner already rm4.50 and i heard the portion of food will be slightly more bigger and presentable but i guess under rm5 is impossible....

This post has been edited by siliconwiper.com: Apr 28 2008, 11:22 PM

It doesn't matter what it looks like, I think people juz wanna hang out at nice places for chitchat... for coffee beans, u see more people sitting with laptops than to chat... so I believe if your target audience is not "wi-fi" oriented, like the previous forumer mentioned, nice cozy spot with affordable prices will draw a crowd... just look at Leo's Cafe or Old Town White Coffee...

I guess the best thing beside having wifi is they are now they are opening for membership programs to help young entrepreneurs, this is what i read in their website as my fren told me so........www.stevensteagerden.com

seems like restaurants nowadays are going exclusive. prices need not be affordable, as it will attract entirely different crowd.

wow... if that's our local food store... definitely support... i dun mind da price.. as long as comfortable, modern interior design, look class abit,
NO mice and cockroaches 'dancing' around...
100% support.
if they could make happy hour which teh 'o' ice free or half price during that happy hour
i 200% support... just suggestion la... since the store goin so class... LOL

the mamak is getting into different stage where you could almost grade it as 5 stars...

people practicing so called trend lifestyle... so its emphasize on the classy design.. environment

i've stopped going to steven's corner for almost 5 years, i think over the years their prices have hiked up like mad and honestly speaking, i think their quality is getting worse by the day.

i'm speaking as a regular patron since the 80s, when steven's corner was still just a stall by the road side. when the business grew big, the prices went up, and the quality went down, i was so disappointed.

rebranding the looks would do nothing to entice me unless they improve the quality of their food first.

Steven's corner in OUG?

I can still remember when they were still a stall and they were selling roti canai at 40 cents a piece....the good old days.

besides times square..they are heading to Mid Valley Nothern Entrance, Sunway Pyramid New Wing and Genting Highland....

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Added on May 1, 2008, 12:35 amwow....your customer since 80's....i'm just a 12yrs customer...i like the tandori chicken take with naan kosong.....

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Added on May 1, 2008, 12:36 amwell now a cup of coffee in coffee bean can go for rm9 oh....if u go kopitiams only rm2 oh.....

This post has been edited by siliconwiper.com: May 1 2008, 12:36 AM

Huh? get paid to eat??

yeah..you can take up their membership and get back returns...check it our at the business concept section in the website

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Added on May 2, 2008, 1:56 pmGot my Food Voucher already...and i'm eating with it now in Stevens Corner....great oh!!! 'Support Eat n Get Pay'

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Added on May 2, 2008, 2:01 pmthe tandorii is great!!

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Added on May 9, 2008, 3:09 amso who want to eat free...i got many vouchers heheheh

This post has been edited by siliconwiper.com: May 9 2008, 03:09 AM

well can sell the food voucher for in price reduce? can be useful as i'm Steven's Corner customer too.....

stevens corner at oug?

i'm using now either one....OUG,Setapak,Pandan Indah......limited time only after 1st Stevens Tea Garden open...all Makan goes to the new outlet...5 star mamak

Let me state here first, i by no means say this must be a fake, just that if you plan on joining this plan, at least call the restaurant or go to the restaurant and ask whether something like this exist.

No more mamak feel.

already inform the company and it was i typing error..... thank you so much for posting....well you can go to pandan indah steven's corner to ask Mr.Steven himself or you can check out the corporate journey business magazine (chi.) April and May issue it does cover about this Steven's Tea Garden opening 100 outlet and are offering membership programs...

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Added on May 9, 2008, 9:37 pmwell it still the mamak food, mamak waiters, and the feel will be simply better,,,,at least i never eat mamak food in a coffee bean style cafe....hope it will feel more than mamak....

This post has been edited by siliconwiper.com: May 9 2008, 09:37 PM

rather interesting and timely for steven's to move forward to compete with the likes of kopitams mushrooming everywhere ...

franchising has its plus and minus ....

its usually a workable business modal and everything needed to operate is in place without the potential investor worrying about concept , menu development , training etc.

being a somewhat controlled environment , a franchisee is subject to follow the rules of the master franchisor where he/she likes it or not.

but its something workable for malaysia , i am sure we are keen to have clean mamaks

being a leader in Mamak is not easy, with their 31yrs mamak background and now implement with a membership program wer customer can play a part to make the success of - Eat & Get PAID Stevens Tea Garden "The Mamak Kingdom"

This post has been edited by siliconwiper.com: May 16 2008, 01:46 AM

Okay Mr. Siliconwiper. Near my place of work I can have a tosai and teh tarik for RM2.40. The place is spotlessly clean, air-conditioned and has a TV. Beat that and you're on

aiyo dun beat beat lah......if you know midah in cheras used to have makro and now take over by Tesco...well nearby also alot of small kedai runcit /mini market...cheap ad clean also but after 2mth tesco in..sales drop by 30 - 40%. We can hv a cup of kopi in rd side kopitiam at rm1.80 - rm2.20 but you can always hv a cup of kopi in Old Town Kopitiam at rm 3.50 - rm5.50 ....how leh?

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Added on May 18, 2008, 12:47 pmregarding T&C better msn me lah...or PM me Lowyat very sensitive oh...after i kena warning 3 days cannot use lah.....msn : chriswong@siliconwiper.com sorry o....

This post has been edited by siliconwiper.com: May 18 2008, 12:47 PM

I dont think so. As long as you're not advertising, then it's ok to share information... I like to criticize as it makes everyone benefits

thanks keith,
well i'm sharing this coz i'm steven's corner customer for 12 years now. and ever since they wanted to reward the customer with membership program then i just subscribe as it benefits me as a loyal customer and now i'm eating and getting paid monthly. great consumer reward drive to make the new brand Steven's Tea Garden to be a very competitive fnb outlet for local brand and international brands. Will support them to make it success...

Since Im always go eat at Steven Corner OUG, I would like to know more about this. I dont quite understand with the Rm3k for the program. If you eat any of Steven corner restaurant, you are entitled for free? So how do I get paid ? Its confusing me

Putraskyline,
More better when your STeven's regulars...as the new brand Steven' Tea Garden are opening soon,,,they want to reward all regular and new customer that can support them for long term. We subscribe a prepaid membership program at rm3k and STG will give us rm9k in total reward but are given by mthly basis...which is rm50mthly Food Voucher up to rm3k in total so that you can dine in and STG pay us rm150 cash as rewards for being a loyal customer. the pay are mthly up to rm6k in total. So be a STG memebrship now before sold off...as only 20k pcs will be offer to public started last 17/04/08. join me for opening launching on 23/05/08 for open house eat free that day..then you can ask me about the Eat and Get Pay offer.

The voucher got expire date? How long does the voucher last? We can spend anytime we like?
Under wat condition we only can get the RM150/mth? Or no condition attach? What defines loyal customer?
How long we can get this monthly reward? 6000/150 = 40 months / 3 years and 4 month?
Since we can't get back our initial capital, total return would be 3000/3000. 100% over 3 years, It's approximate 30% pa return...

Hi siliconwiper.com,
I have a question to ask you. We all pay RM3,000 and we will be getting back RM200 (RM50 voucher + RM150 cash) montly. Doesn't this mean they will be doing this at a loss? As you said, they will be giving out 20,000 pieces of membership, which means they will have to pay out a total of RM4,000,000 monthly. Does this make sense at all? What if they DO NOT pay after they realised it is too much to bear? With the current business of Steven's Corner, I even doubt it can make RM1,000,000 in a month, so what about RM4,000,000?

Since the 1st Steven's Tea Garden will only be available in July 2008. So current vouchers are in printed format and can be use in any Steven's Corner untill the 1st STG opens. Later all are in membership card form like Jusco Card were you can store data in it and food points will not expired as long as you an active members (dine in any Steven's Tea Garden with any amount on F&B and at least once in 3 mths time). Your Rm150 will be available in monthly basis when ever your an active members. No more condition attach only but the stamping agreement fees rm100 (1 time fees). Active members = loyal customer, only it is drafted in the Membership Agreements will be name as Active Member instead of loyal customer. The rm6k will be paid start from fixed rm150/mth for 24 mths and the remainder will be paid in full until the 5 years membership contract ends. So you get your rm6k in total. Well actually if you count by 300% return, then it'll be 100% is prepaid food, 100% capital, and cash return 100%. So is like you buy your food and get paid 200%.

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Added on May 19, 2008, 8:53 pmWell the rm50 is your money anyway. just that they give you in food form and this is at their cost oh. and the rm150 is only 5% from your money also. So by mean mthly 5% out of the profit margin is more than enough to pay we all. You hv to count in total 100 outlet x rm15k daily sales x 30 days = 45,000,000 - 4,000,000 = 41,000,000.
I guess you misunderstand Steven's Corner with Steven's Tea Garden.Current SC sales approx. rm1.2mill and are family business. Mr.Steven the elder son join with 2nd and 3rd son Nathan,Ghunalan, are making STG a new mamak hit that bare the STEVEN'S brand name and will make our demand for local f&b creativeness to open 100 outlet and having 20,000members to help them to collect rm60million. Even if they need to payout rm60mil in 5 years or even the break even they still own 100 outlet after 5 years...man you can do the calculation what will they earn.
So to help them and for rewarding us, we all need to support them by dropping by the new STG with our frens and family. So they will be a good flow of new patrons to make business boom. So without customer like us, they can't make it..but if they pay me to eat and earn...just like what i'm doin now....well i might just earn few hundred thousand by then.....

This post has been edited by siliconwiper.com: May 19 2008, 08:53 PM

That is what I am saying, its a capital raising exercise. Which means they should either get SC's or BNM's permission to execute it. Do they have such certification to say that they are legally allowed to collect money from the public?
By the way, how sure are you that they have sales of RM1.2million a month? Are you sure that the new concept would bring in RM15k sales DAILY?
If you can convince us with these, I would be interested as well

well you can go check them out oh....they even make more than millions with only one Pandan Indah Steven Corner outlet on the World Cup time... so they are named million dollar mamak. rm15k sales can be calculated by 15,000/50 tables/20 hours = rm15 sales /hour....mmmm i guess they can easily make rm50/hours by their own membership and not included new customer yet.......does Jusco card reg. to Sc for collecting RM12 membership fees/year ? if yes then they already collect rm12*5yrs* 50000 members = 3 million ringgit ...wow...thats alot for a rm12 membership without food or anything....so as i already told you this are all legalise by their panel lawyers and it is not really a capital raising exersice since they can even open on their own only slower by 8 years perhaps.

Frankly speaking for a company with RM 54 m cash sales a year , most banks are keen to loan them money at 10% a year. Why need to raise capital with 10% return a month.

This post has been edited by SKY 1809: May 19 2008, 09:21 PM

From siliconwiper.com's previous post, it is stated that they are using "investors" money to open up the 100 outlets.
I am wondering also, but if it is used as a customer loyalty reward kind of thing, then I have no say

well this you should had ask Mr.Steven himself. loan got interest ma....hahah

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Added on May 19, 2008, 9:33 pmwell as i say like old town kopitiam, they don't own the shop...they own the brand only...now STG they own all 100 outlet and after 5 years, they are all their for oversea franchising. Well bank are making money from our money too...we put FD's the invested it and pay back 3.5% while they earn extra 5% - 8% yearly....not bad huh

This post has been edited by siliconwiper.com: May 19 2008, 09:33 PM

Jordy, that's a valid point.

They may claim that their panel of lawyers has legalized everything, but ultimately, the onus is on each potential investor to conduct their own commercial, financial and legal due diligence on the investment.

Checking with the Securities Commission (SC) may be helpful in this respect.

You can lodge a query about a business (whether it's a capital-raising exercise) / ask for an investigation / file a complaint by completing the following form below and faxing or sending to the address below

Investor Affairs & Complaints Department
Securities Commission
No 3 Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur

Tel: 603 6204 8999
Fax: 603 6204 8991
E-mail: aduan@seccom.com.my

Fill it out best you can, and draw attention to the issue.

The more people report it, the higher up the priority chain it goes to for investigation.

SC has set up a specific target time period to respond to all queries, so do take advantage of this...

This post has been edited by Playbook: May 19 2008, 10:18 PM


Attached File(s)
 complaintsform.pdf ( 135.44k ) Number of downloads: 22

So, loan has interest and paying "investors" is not interest? RM150 is 5% a month, so they are paying interest of 60% a year. That is way way higher than paying the bank interest. Please do your research before saying it

One has to be loyal customer to entitle for the "interest"....

Dude, we can use the RM50 coupon and actually eat-for-free and still be considered "loyal" what
Imagine you can eat RM50 worth of food every month with your friends, I like the idea of it
I'm bringing my partner for one month, my mother for another month, my father for another month, etc..

You can eat well, but then again you might not sleep well. Unless, you think 3k is a very small matter.

I prefer to eat less of the oily food, and prefer sleep over food , nowaday.

And again, bringing your clients here may affect your image as a well trusted consultant, what type of investment shall we call it ? can you justify your loss ( could be profit also ) to your clients ?

Since inflation of food is catching up, I as well eat less to cut cost.


Sorry to be harsh, but it is not easy to build a good image like you, treasure it and do not throw it away.

I have high regard for you, though could be a friendly competitor at times.

This post has been edited by SKY 1809: May 20 2008, 08:44 AM

keith,
i'd been loyal to alot of fnb too that's include KFc, macdonalds, kim gary , old town.....well what i get besides food...hmmmmmm i really dunno..

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Added on May 20, 2008, 9:01 amwell thats actually how it works...yahoooo!! so you buy food that you can eat and get rm150 lo.....so easy mah.

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Added on May 20, 2008, 9:09 ami really like your style as a consumer. smart thinking...well that's does not keep ppl keep goin to mcD and KFC and many many more....since we hv to support foreign brand and making money for them why not support of home brand? well we'd just be another Korea if we can make this local brand thinking....Korea now are very competitive with their own brand worldwide i.e Samsung, LG, Kia, Hyundai no name some....well it all started when al their countryman support them....well i always says malaysia boleh is past....."BolehKAN Malaysia" tha'st should be out from everyone.....

This post has been edited by siliconwiper.com: May 20 2008, 09:09 AM

There's something you are missing here,
1) the RM150 is in food voucher, which means that you can only spend the money in the shop, thus making sure people will go to the shop and increases thier sales, although loan from bank have lower interest, there is no guarantee people will visit their shops

2) when there are always some customer in the shop, it might attract new customer to go to that shop too, especially true for shops selling food.
For example,
if you see a lot people eat in a particular shop, you will surely want to go to the shop and try out the food.

3) they give RM150 doesnt mean the cost they need to make the food is RM150. What i'm trying to say is
For example,
they sell nasi lemak for RM5, however cost of the nasi lemak might be RM2.
This means that they are only using RM60 from your capital to pay RM150

4) if they do go busted after half a year, they wont lose as much money as compared to taking loan from banks. Too many factors involved, will explain if i got bored of studying, see the red text below. LOL.

The conclusion is,
1) provided that the restaurent dont go busted, this type of investment is good if you love to eat at that restaurent
2) go and try out foods from these restaurent first if you plan to invest in it, make sure you loves the food before you invest.
3) this is a good business plan if you want to raise capital, you get capital, customers and some advertisment all in one.

i'm currently stressed from studying for my exam, just trying to relieve my stress here, ignore me if you think what i said is useless or is just some weird logic. hahaha.


edited, some spelling errors.

This post has been edited by weichong: May 20 2008, 10:54 AM

SKY, first of all, I do not intend to bring my clients there I would bring my loved ones there as I was saying.
Really, I have even lost RM90k in a failed business and lost RM20k in the stock market following speculators, so there is no risk that I wouldn't take though Sorry if I sound sarcastic to you, but we all do know that "no risk no gain". It is the same as unit trust too, and if I do "invest" in this scheme, I should be ready to "lose" the RM3k.
I do like your sharing and criticism, as I am also learning things from everyone Please do continue sharing your 2 cents.

weichong, they are paying RM50 in voucher and RM150 in cash per month. RM150 is 5% "interest" based on the initial investment of RM3,000

Both aren't the same 'feel' for me. If they're doing the environment like CB style, what about the food prices? Still the same?

if it's RM150 in voucher every month, i'll say the plan is feasible, but if it's RM50 in voucher and RM150 in cash, there is no way that company can last long -.-

the RM150 cash actually shows that the company dont plan to last long, do be careful. I say this because if they are paying cash RM150 a month, a bank loan would have been better just like Jordy previously said.

1) The food voucher is rm50 and cash is rm150 (pls read properly la)

2) I agrees.

3) well cost is at least 3 x earning for mamak food. meaning rm2 cost can sell at rm6 - rm8 depending what u order.

4) will KFC fail? will mc d fail? if only we support more local brand than foreign brand, i guess we all can make it like old town kopitiam.

The conclusion is,
1) Check out their performance at 3 outlet...31years brand name.
2) Eat free on office opening 23/05/08
3) this is a good business plan if you want to raise capital, you get capital, customers and some advertisment all in one.


p/s: ur a good student with vision for marketing...gd luck in exam.....

This post has been edited by siliconwiper.com: May 20 2008, 02:35 PM

Wei Chong,

Guess what, you made perfect sense.

Good luck to you exam.

well pumkinz everything has a new chapter for current and future market demand. So you have to wait for few mths for the coming STG to feel it...the food price of course will be a bit higher as you won't get a rm2.20 coffee in coffee bean as you can get in roadside kopitiam...even old town white coffee also won;t have that too...

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Added on May 20, 2008, 2:57 pmwell weichong,
the 5% is an advertising fees as all member has to be active and whenever we make crowd it is better than paying millions to media.....

This post has been edited by siliconwiper.com: May 20 2008, 02:57 PM

Well, I still prefer going to those old coffee shops for the very genuine white coffee instead of Kopitiam for their 3 in 1. Not the price that matters

Jordy,

You are so right. Under the Law of Malaysia, House to House and Street collection act (If I have quoted the right one), anyone who initiate the collection from the public require to apply for a licence to do so. Without it, it is a serious offence...

Is it not a joke ?

They are allowed to collect rm 60 millions without getting any approval from Government bodies ?

Worse still people are willing to give them rm3k, no eye see.

The guy is talking about Malaysia Boleh concept.

This post has been edited by SKY 1809: May 20 2008, 03:34 PM

SKY 1809,

We don't know whether they have got the approval, but we can always do our check. Perhaps drop a note to SC and have this check up..

is ok...there are still business for old kopitiam and there are always alot of ppl will go old town white coffee....is just that in business we must know the demand to run the business...mcdonald are goin to open more in Malaysia after few hundreds and still coming...

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Added on May 20, 2008, 4:09 pmdoes Jusco J-card reg. to Sc for collecting RM12 membership fees/year ? if yes then they already collect rm12*5yrs* 50000 members = 3 million ringgit ...wow...thats alot for a rm12 membership without food or anything....so as i already told you this are all legalise by their panel lawyers and it is not a capital raising exercise since they can even open on their own only slower by 8 years perhaps.

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Added on May 20, 2008, 4:17 pmppl pls dun simply say something if your not really understand it...if you have a lawyer, better you speak to their panel lawyer for this as all members will have an membership agreement to sign for the whole membership program......better if you all come down to stevens corner setapak branch coming 23/05/08 as their office will be ready for use to view the agreement for yourself and pls be shadow by our past experience.....as i always tell fellow entrepreneur and malaysian....learn from Korean when recession strike in 1997 and all korean stood up and support local brand untill they become world branding....hyundai and kia are making it big after proton establish for so many years and can't be world well known?? if you dun buy the idea ..pls at least dun condamn the idea.....just wit till they make it happen....and hopefully we all can see more local brand to be better competitive in future food industry before it is take up by all foreign brands.

This post has been edited by siliconwiper.com: May 20 2008, 04:17 PM

that's the final design?
where's the smoking area?
seriously i dun think the plan will work. jz my 2 cents.

Siliconwiper,

We are not condemning the business idea. We are only raising our concern. Afterall, we are looking at 60 million public money.

About supporting local brand, I fully agreed! I love painting, and I only go for local artist, for the same reason. Having said so, if you were to promote this scheme, you need to try answer some of the doubts that being raised here.

Too bad those old coffee shops only opened until late afternoon.
Night time still have to go to Kopitiam

I have asked the SC to check, and he will give me the result later.
I will update it here, and if it's illegal then actions will be taken against them
Well, hope it is a legal scheme, so I can start putting my money in it for the food

I have done the same..let's see.

Basically if you have approval from the authority, then it is your duty to put up a copy here ( responsibility of a promoter ).

Although it is none of our business , but we blogger has a social responsibility to warn others.

The title of the thread itself is misleading the public. Money collected is meant for another set up ( Tea Garden ).


We are not here to please anyone.

This post has been edited by SKY 1809: May 20 2008, 05:22 PM

Well said. This is the entire purpose of a forum. Is not for us to chit chat and learn social skill. Is for us to get valuable information from various experiences and view points

Jean, have you received SC's reply yet?
Please do update us if you got the reply before me

Just noticed this thread... Steven's going cafe-style... something new

Dear Jean72,
thank you so much for all of forumers concerns and i really appreciated it...anyway this is also my wrong decision to put it up as forumers normally likes to find out answer for everything as easy as typing...is there anyone are really going to put up the hard work to realise this or at least put up the effort to prove it wrong but seriously if you'll are so concern about ppls money, can anyone can have a reality meet up for the whole programs? mayb i shouldn;t had been try to share something that ppl are only concern about something might or might not happen in the end and they just like to ask but not really have any interest on this project..if your interest then pls PM me as i'm starting to felt may b should just forget about the whole thing ....if majority ppls here find that this just wasting time then just put some votes and if negative result more than half dozen then this is consider case close and sorry for the disturbance made....

Bro, now you sound pathetic. No offence though, but please do not make yourself look like a fool.
Well, we welcome any sharing as this is a FORUM. Also, I spend my time on this because I AM interested in it.
Do you think I am such a time-waster? Get real man, I have more important stuffs to do rather than checking up if this is a real deal or not if I am NOT interested. I do not want to sound like I'm flaming you, but please expect criticism for something that you have posted, like it or not.

Regards

I want to know more information about the free food on this friday (23/05/08) is it open to public/everyone? or just invited visitor only? where is the venue?

Yes, I believe so it is open to public. Anyway, it is an "opening ceremony" for this scheme.
It will be held at Steven's Corner Setapak
Well, I do hope it is really an opening ceremony, rather than a "tool" to try and recruit people just like those scams *coughlbcough*

I came from "Wow! For real? I'm gonna join this." to "Eh?" to "Where'd this fellow learn his English from?" and now I'm like "What? Now he's trying to be sarcastic?"

What's going on??......btw, is Steven's Corner and this the same? And am I the only one that doesn't appreciate that place's food that much? Well besides that AWESOME milo ais! Others quite the, average

i guess mature ppl make mature response as i know that so far there are only 2 person here are mature and experience enough to handle business view and that which is you and Keith...as i did check out most of you guys response in other thread too. Anyway thank you so much of your point of view, as it really makes sense...just perhaps i shouldn't had posted it here before anything are formed, well till then i'm only going to post updates rather than answer so many irrational questions. Thanks for all ppl concerning in this issue...million thanks.

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Added on May 21, 2008, 10:18 amso sorry this friday will not be any free makan as i already ask the management, due to the Office are not fully ready to celebrate anything, but public and ppl concerning can drop by to see the office as it is only ready about 60% for our usage...sorry bout that. I'll inform in this thread when everything is ready for launching....but if you'd to come for makan and see the presentation than your more than welcome to do so...but book the appointment with me oh..

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Added on May 21, 2008, 10:24 amJordy,
sorry for the wrong infos, as the office are ready for us to use and since not fully ready, there shall be no open hse yet at the moment but all ppl can drop by to check out are they really did set up a management office for the whole project...

This post has been edited by siliconwiper.com: May 21 2008, 10:24 AM

Yes, I will.

SC has confirmed that this scheme is not licensed under them, because it has no securities element in it. The matter will be referred to BNM, and things will get interesting from here on Stay tuned.

With this concept, they r competing with Secret Recipe that kind of cafes ad.

Peoples who are looking for chit chat with cheap price will still be those cheap mamak.

wow...don't la say like that. Never trust mamak is a bit too strong the word to apply across all the mamaks. Afterall, we are checking their licensing issue with the authority. Perhaps we shall wait for the answer before we draw our conclusion. This would be fairer to the owner and the promotor.

Who knows, it might ended up a very intelligence new biz model.

Do you mind to give us more information? It's wrong to simply accuse. Give us some prove if you want people to believe you! Dont just say a line or two then run away...

Jordy,

So this process take time to complete? I'm very interested to join this program but after you confirmed that this program have not licensed under SC, I guess I have to wait and see for everything to settle down.

So wanna make it like SS15 Darussalam? I prefer mamak with 2 floors.

Can see the view...

brother,
pls dun simply said something that might drop ppl image,,they can sue you too for that...did you check their business turn over and background before you claim that statement above??how long you'd never been to steven's corner
...last night game chelsea vs MU....100 tables is not slow business, in fact it is pack most of the night here.....if you talk about Island Red Cafe..that somemore terrible as i'd visit the place for few times and there are hardly full before...morning/lunch/tea time/evening....even 1 shop also might not survive...

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Added on May 22, 2008, 9:50 amzeist,
i agrees with your 2nd floor view...but there also alot of fast food rest. here and there and new brand now and then but yet the biggest still are the 2 brands....so in mamak rest, to make a change, then you'd to lead the way...ppl always remember the #1. If they can make it..then, they has to have a way of competitiveness to fight in this industry,,but without loyal customer base, you can only win with a long period of time....so the most customer base wins...

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Added on May 22, 2008, 10:11 ambro,
actually there are lot of higher ranking ppl loves to eat alot of rd side thingy but just don't go to pasar to buy it...like the kuih nyonya in mid valley..there are mushrooming for some time back...for mamak, lot of this ppl want to eat the food but place like now might not suits them also....but if it is upgraded ones,, it will snatch among those who are willing to sit in Coffee Bean,Dome,Starbucks,Secret Recipe, Old Town White Coffee Kopitiam .........further more indian food such as Roti Canai are very demanding in overseas as you need Rm12 to get a piece of Roti Canai in Hong Kong..even in Bali there is this indian roti canai there and ppl needs to line up to buy it...

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Added on May 22, 2008, 10:14 amGuys check this out....coming soon in Mid Valley




can always welcome to ask the leasing dept. in Mid Valley about the STG's goin in MV

This post has been edited by siliconwiper.com: May 22 2008, 10:17 AM

oh.... tht's good.
going forward for it.

look like those franchised old town kopitiam....
everywhere also found them...swt

a question out of the topic: ts, how are u related to this restaurant u trying to promote? u seems to back them up a lot. jus curious tats all.

i'm a membership subscriber that earning went i eat and keep on eating for this coming 5 years..so i get paid for that this coming 5 years. Well, i share this idea as part of the advertising program, i'll get paid more.

Greetings ~
I would like to know .. is it all this while you involved in this membership program and you are entitled to eat there for free while earning money at the same time ?

no free lunch my fren..it is a prepaid food membership..meaning...every mth they will give me rm50 Food vouchers (prepaid by myself) for dine in and they will pay me rm150/mth up to rm6000 between 5 years time....

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Added on May 23, 2008, 3:10 pmgo chk at www.stevensteagarden.com

This post has been edited by siliconwiper.com: May 23 2008, 03:10 PM

THe website didnt say anything about Commission if you reccomend people to join up

I don't get it ..
Meaning that they will give you RM50 voucher to spend on the food and in the meantime they will pay you approx. from RM150 to RM6000 per month for eating there ?
Wondering here * ..

No RM 6000 per month, is UP to RM 6000 per month in 5 years time.

Well according to the website, it is very simple maths.

You pay upfront RM3000.

Every month you're elligible to earn 200 points, with a cap of 9000 points in total for the lifetime

Up to 75% of the points can be converted to the cash, the remaining will be converted to Food Vouchers.

Means techincally, you can redeem up to RM150 (75% of 200 points) and RM50 for food voucher per month.

With a 9000 point cap, you redeem every month 200 points, it will take around 45 months (which is close to 4 years) to hit the 9k point limit.

Provided they let you redeem max 75% every month, which is RM150.

RM150 * 45 months = RM6750

Means in the 45 months time to come, you will get back around RM6750 in cash, and RM2250 in food voucher.

Well, I am not a member Cause i seldom eat out LOL.

Ya .. that's what I mean ..

alright..anyway, you have got a clear pic now, haven't you?

Thanks for the quick explanation over there ...
Got a better view of it now ..

Yup ~