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 Scam or Not? Prestige Dairy Farm, they collect money for dairy farm invest

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halofujima
post Nov 22 2008, 02:31 AM

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Hey guys , get your facts right.

I've been there and what they offer is a simple explanation on what is it all about which took 2 hours ++
but i got the voucher at the end of the deal even after i decline to join their investment.

The project is supported by Jabatan Tenusu Malaysia and RM livestock,

And what are you will be investing is on "milking cows"

If you MALAYSIAN even know about the country, (and I hope please do before being an idiot with wrong facts)
it is stated that the Malaysia will try to lower the import for milk as we are currently only having only 5% of local milk.
It is in Harian Metro last month i think.

Therefore this Dairy Farm is trying to import the cows themself to do the milking itself.
The Cost for the cow is 26k+ which comes with all the cow food and workers for taking care of the cow.( i think they will makan abit la for $$)

So the income is from milk, meat, and baby cow..
So... after buying (investing) on the cow. the milk will be sold to the Jabatan Tenusu Malaysia. which is where you get your profit..
Meat to RM livestock..
Baby cow to Dairy Farm ,

So during the presentation. i ask :
1.What happens if the cow dies? Got insurance (RM 500 / year) die will replace new cow @ same age. After 8 years, they will kill the cow and sell it's meat, one cow around 500kg for RM 20++ per kg..
2.where is this farm? Johor if you are interested , i can bring u there to choose your cow. @.@
3.How come the baby cow only worth RM250 when sold to the farm while I buy for 26k? (bull** and say import use alot money, baby use alot food product then he change topic, You know 1 cow can give birth to how many baby?(dunno) 10/ year.so you get extra 2500 per year.
4.How much milk they produce? 20litre per per day @ RM 3 per litre. so few hundred k $$. if they milk less than 10litre, they will kill the cow and replace new because sick. o.O

Then they explain la on the calculation and all... and I start to get bored...just want to get out of there, but they ask me to stay , voucher on the way( wait for 1 hour)

The reason I didnt invest is because they want the answer today. Then they start to ask (before telling that the cow is 26k) If the cow is at your budget range, will you take it today?( I say yes) Then they say 26k+ per cow , deposit 30% which is 8k+ for production fees.(I dont have that $$ now) Then how much can you pay? (I got RM 300 in my wallet now) Credit card? (I dont feel like using it, can you let me think about it for a day?) Then they argue with me , just now you say can give us answer today, if cannot , tell us earlier, dont waste both our times... Then they say they will accept the RM 300 as deposit which is NOT REFUNDABLE and will apply for loan from Aggro Bank i think "kami akan cuba dapatkan kelulusan , tak boleh pun kami akan bolehkan" @.@ ( this is when i feel like their eyes got the $$ sign) and decline.

By the way, to all those who listened and thinks got "flaw" is not because the company maybe a con artist,
please think CAREFULLY that the consultants are probably NEWBIES and are also WORKING like U and me.
So try to be more like ME and ask to talk to the MANAGERS instead. they will explain all doubts you have.

This post has been edited by halofujima: Nov 22 2008, 02:55 AM
cherroy
post Nov 22 2008, 09:32 AM

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QUOTE(halofujima @ Nov 22 2008, 02:31 AM)
Then they explain la on the calculation and all... and I start to get bored...just want to get out of there, but they ask me to stay , voucher on the way( wait for 1 hour)

The reason I didnt invest is because they want the answer today. Then they start to ask (before telling that the cow is 26k) If the cow is at your budget range, will you take it today?( I say yes) Then they say 26k+ per cow , deposit 30% which is 8k+ for production fees.(I dont have that $$ now) Then how much can you pay? (I got RM 300 in my wallet now) Credit card? (I dont feel like using it, can you let me think about it for a day?) Then they argue with me , just now you say can give us answer today, if cannot , tell us earlier, dont waste both our times... Then they say they will accept the RM 300 as deposit which is NOT REFUNDABLE and will apply for loan from Aggro Bank i think "kami akan cuba dapatkan kelulusan , tak boleh pun kami akan bolehkan" @.@ ( this is when i feel like their eyes got the $$ sign) and decline.

*
Seems like they are very desperate to get people money, first can't get your 8K+, then you don't have, Rm 300 also want to sapu. sweat.gif rolleyes.gif

Must force people to make instant decision, tomorrow also can't?

Just pure instinct and common sense, something are not right on the desperate for money part and forcing people to straight away giving out money on the spot, and even more doggy on your Rm300 part.

Below, this statement is a joke. whistling.gif
QUOTE
"kami akan cuba dapatkan kelulusan , tak boleh pun kami akan bolehkan"


This post has been edited by cherroy: Nov 22 2008, 09:35 AM
alanyuppie
post Nov 22 2008, 12:37 PM

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QUOTE(halofujima @ Nov 22 2008, 03:31 AM)
By the way, to all those who listened and thinks got "flaw" is not because the company maybe a con artist,
please think CAREFULLY that the consultants are probably NEWBIES and are also WORKING like U and me.
So try to be more like ME and ask to talk to the MANAGERS instead. they will explain all doubts you have.
*
If the scheme is a sure win and sincere in helping investors in making $$, why they hire newbies and doesn't train them well to handle potential investors? Are these consultants also enticed to join this company by the luring of easy bucks/commissions to find as much participant as possible, regardless of the "product" they're selling (like some MLMs) ?

You have shot yourself on the foot by blaming on poorly trained newbie consultants causing the doubts. This means the higher level of management FAILED in training them well, and only fed them what they need to hear (easy $$$, commission) in maybe a half day training session, perhaps? Then let the out in the wild to "mislead" other people from what they're trained to do.



This post has been edited by alanyuppie: Nov 22 2008, 12:38 PM
SUSkalambong
post Nov 22 2008, 02:58 PM

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There is one thing you need to be aware of ...

Sometimes the con artists don't lie to you all the way. They lie to you, half way.

What I am saying is, the con artists could have told you a half truth !!

There are lies, there are damn lies, and then, there are half truths.

After reading your post, an image comes up in my mind --- it could be true that Jabatan Tenusu Malaysia is one of the supporter for this program, ( I often watch the agri program they air on RTM 1, and they did talk about raising cows here for meat and milk, but I digress ) back to the topic ... Jabatan Tenusu Malaysia could be one of the initiator for this program, but that does NOT mean Jabatan Tenusu Malaysia is responsible for it.

Stupid con man tells people lies.

Smart con man play their cards very close to their chests, and some of their cards are underwritten by real sponsor and/or real government agencies !

You ought to be suspicious when they tell you if the cow dies, they will replace a cow with the same age. What are they trying to tell you?

I mean, if my cow dies at the age of 4, they go buy one cow 4 years old as a replacement? Where to buy a 4 year old cow? Is it a milk cow or a meat cow?

It's not a question of untrained promoters. If the program is solid enough, even untrained promoters are able to paint a whole picture for the prospects. The picture they are painting, btw, is really lousy, full of holes.

In our country, Malaysia, whenever a program is sponsored by the government, especially those programs sponsored by UMNO, they will sure throw lots and lots of money to get it started. The Milk Cow Farming program, as the promoters have outlined, is facing cash-flow problems.

Else they wouldn't come out to the public asking strangers for money.

And in between --- between the government throw lots of money to start it, and the cash-poor situation now, what happened?

Has the program failed?

Or is someone makan banyak banyak until the program kaki lembeh already?

These are the things we, as investors, have to think of.



This post has been edited by kalambong: Nov 22 2008, 06:43 PM
getsmart
post Nov 22 2008, 06:22 PM

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Business JV among friends/family/relatives also can go sour, some more this is some stranger you meet for 2 hrs biggrin.gif

Even when buying house, we should look for good developers with good history. It all boils down to trust. Unfortunately, many Malaysians tend to trust strangers, even those sms and email scams.


kei18kun
post Nov 24 2008, 06:44 PM

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Bukan scamlah. Aku pun dah letih nak explain benda nie hari-hari. Itulah pasal sampai ari nie orang melayu tak maju, tak pernah nak support bangsa sendiri. Itu pasal orang cina dapat pegang Kementerian Perumahan & Kerajaan Tempatan pun dah boleh jadi kaya sebab bermacam-macam lesen diaorang boleh keluarkan dari KPKT. Lesen developer lah, lesen along lah, tu sume citer buat duit. Kalau kau tengok paper cina selalu front page keluar citer apa? Citer saham jatuh, citer saham naik, citer duit, citer business. Sampai bila nak harapkan bantuan kerajaan nak buat projek? Kepala otak kena pakai bukan nak tunggu cable dah besar bapak gajah, politik sana-politik sini bukan nak perjuangkan nasib bangsa, tapi nak isi temolok sendiri. Itu beza orang cina dengan melayu. Orang cina pakai kepala otak, orang Melayu pakai kepala kabel politik. Ingat senang sekarang nak dapat loan? Siapa sendiri berani bet dengan aku kalau aku preparekan the best loan paper on the planet pun, boleh dapat loan? Nampak sangat kau tak tau apa yang kau cakap tu.

Nie dengar betul-betul. Kalau tak faham memang betullah orang putih cakap orang Melayu memang bangsa bodoh. Malu aku jadi Melayu.

Projek ni sebagai menyambut seruan kerajaan melalui Dasar Pertanian Negara Yang Ke-3 (1998-2010) YANG MENGGALAKKAN PENGLIBATAN SEKTOR SWASTA SECARA KOMERSIL DAN BESAR-BESARAN DALAM MEMAJUKAN INDUSTRI TENUSU NEGARA. Kalau nak tunggu loan government baru nak buat, tahun 3010 pun belum tentu start lagi.
Ni aku tulis bahasa penjajah sikit sebab aku dah tak larat nak translate dah. Kalau tak paham bukak kamus. Baru boleh maju!!

Prestige Dairy Farm (M) Sdn. Bhd (832757-A)., a wholly owned Bumiputera company, was formed in September 15, 2008 to undertake Malaysian government’s challenge who encourages private sectors to be involved commercially in dairy industry through Dasar Pertanian Negara Ke 3 (1998-2010). In 2007, self sufficiency rate for milk in Malaysia is a mere 4.69% (51.07 million liters). Malaysia is importing 95% (1.034 billion liters) of milk from foreign countries such as Australia, New Zealand, Holland and etc. Still the industry is worth RM 69.25 million locally. If we produce 100% of local demand, we could generate RM 1.477 billion for the country! On top of that, we will actually save RM 1.4 billion for the country, and that what we call modern patriotism. http://agrolink.moa.my/jph/dvs/statistics/...output0708e.pdf

As a result, on a very gracious evening on August 31, 2008 which is also the Independence Day of Malaysia, the first dairy farm project in Batu 14, Jalan Mersing, Kluang, Johore was officially launched by Dr. Siti Salmiyah Tahir, Head (Veterinary Officer), Dairy Section, Livestock Commodity Development Division, Department of Veterinary Services, Ministry of Agriculture & Agro-based Industry, Malaysia. http://agrolink.moa.my/jph/dvs/contact/milk/milk-hq-e.html

The project is with collaboration with Lazuli through its subsidiary, RML Livestock Corporation Sdn. Bhd, on a 100 acres land in Kluang, Johore. Lazuli and RML are reputable companies with proven track records and years of experience behind them in livestock industry both locally and internationally. RML is spearheaded by Dr. Rosli Mai Lam, B.V.Sc. (Sydney, Australia). Dr. Rosli has seen the ups and downs of the dairy industry of Malaysia over the last 25 years. With full technical support and guidance from RML and Department of Veterinary Services, we are bullish that the project will be a success.

faham tak? kalau tak faham, tanyalah kawan-kawan yang pandai cakap omputeh. website under construction prestigedairyfarm.com. Dalam minggu nie website baru boleh publish. Tengoklah gambar-gambar sepuas-puas ati. Kalau tak percaya jugak beli lembu sekor. Gambar kau pun aku boleh letak sebelah gambar lembu dalam "surat beranak" dan asal usul lembu tu. Lembu tu lembu kau. Kau nak bawak balik pun boleh. Tapi kalau kau bawak balik, kau perahlah susu tu sendiri, jual sendiri. Food Act 1955 - adalah salah untuk menjual terus hasil lembu kepada orang awam. Harga yang boleh dijamin pada tahun pertama adalah RM 2/liter. Milking parlor, cattle sheds, and yard is under construction. Bila lembu kau dah beranak nanti insyaallah tempat perah susu pun dah ada. Kau ingat nak buat sume tu free? Bukan business Ali Baba!! berjuta abis nak buat. Konsep Musyakarah (JV) 70:30. Hasil susu 70% owner lembu, 30% - PDF. Kau keluar 30 ribu, aku keluar 3 juta. Kau 70% aku 30%, tak cukup bagus ke tu? Lu pikirlah sendiri ....

Aku sedar bangsa aku sume pesimis. Sume takut risiko. Aku faham fasal opportunity risks, calculated risks and etc. Bukan aku tak tau. Tapi, yang aku sedihnya, segelintir daripada bangsa aku memang negative. Aku nak engkorang tau. Kalau kau nak report KDN nak masukkan aku dalam ISA pun suka ati kau lah. Tahun 2007, Malaysia produce 4.69% jerr dari demand susu lembu kat Malaysia nie, industri nie dah bernilai 69.25 juta. Kalau 100% - kau orang buat darab silang mcm cikgu Add Math ajar kat sekolah tu, industri nie bernilai RM 1.4 billion. Ini bukan aku yang cakap, statistik Jabatan Veterinar yang cakap. Ada dalam internet nie. Untuk khinzir pulak kadar saradiri adalah 120%. 20% boleh eksport lagik. 100% untuk local demand tu nilainya adalah RM 1.4 billion! Tak same ke dengan potensi lembu. RM 1.4 billion tu kalau dibahagikan sejuta sorang, akan wujudlah 1400 jutawan baru. Kalau sume org Melayu yang buat benda nie, takkan ada 1400 jutawan Melayu baru? DEB pun tak ada problem. Kalau nak perkasakan bangsa, perkasakan ekonomi dahulu. Aku sokong UMNO sebab UMNO saja melalui BN boleh menjamin PM adalah orang Melayu. Kalau orang cina jadi PM, dah lama dah Kementerian Kewangan bangsa lain pegang? Berapa juta lesen boleh keluar dari MoF?

Tak payah nak reply benda nie. Aku pun jarang nak bukak threads, forums nie. Kalau ada kemusykilan lanjut e-mail aku di azmi@prestigedairyfarm.com

taken from http://www.putera.com/tanya/t70135.html

i just bought 3, very worried now that i check online...anyway to get back the money?

This post has been edited by b00n: Nov 24 2008, 06:49 PM
b00n
post Nov 24 2008, 06:51 PM

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QUOTE(kei18kun @ Nov 24 2008, 06:44 PM)
taken from http://www.putera.com/tanya/t70135.html

i just bought 3, very worried now that i check online...anyway to get back the money?
*

What do you meant?
You just posted an article which explained something supportive in the scheme; yet you're puzzled? rclxub.gif
Isn't that post of yours supporting your actions?

kei18kun
post Nov 24 2008, 07:00 PM

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still very doubtful, i prefer to get it back now since so many bad feedback regarding this
should have come back and check internet first
getsmart
post Nov 24 2008, 07:06 PM

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keikun, you got sign any contract document or not? what does the contract say about selling back your cows to them?

one should have an "exit strategy" for any investment or business ventures.


kei18kun
post Nov 24 2008, 07:13 PM

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QUOTE(getsmart @ Nov 24 2008, 07:06 PM)
keikun, you got sign any contract document or not? what does the contract say about selling back your cows to them?

one should have an "exit strategy" for any investment or business ventures.
*
first investment for me, they say sign here and there...in the end no contract for me yet until finalising everything, i paid 30% only using credit card and the rest not paid yet

anyway to stop the credit card payment, i tried to call the banks and they say they can't stop it even though its not claimed by the company yet...only the company can stop it
cannavaro
post Nov 24 2008, 07:36 PM

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Oh speak of the devil, my friend was just telling me about this yesterday. Long story though, but at the end of the day the consultant was so desperate that he asked my friend to invest RM100 first, then can top up progressively.
My friend find it to be really similar to those MLM-ers trying to persuade people to join their network.
cherroy
post Nov 24 2008, 09:02 PM

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QUOTE(cannavaro @ Nov 24 2008, 07:36 PM)
Oh speak of the devil, my friend was just telling me about this yesterday. Long story though, but at the end of the day the consultant was so desperate that he asked my friend to invest RM100 first, then can top up progressively.
My friend find it to be really similar to those MLM-ers trying to persuade people to join their network.
*
LOL, first, one forumer encoutered want 8K initial deposit, but don't have, they also can deal with RM300, now another forumer with RM100 also can.

They are so desperate for the money even RM100 also want to 'sapu'?

May be next time RM 10 also can? whistling.gif
or
How about Rm1.00? biggrin.gif
DannyOP
post Nov 24 2008, 11:05 PM

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QUOTE(kei18kun @ Nov 24 2008, 07:13 PM)
first investment for me, they say sign here and there...in the end no contract for me yet until finalising everything, i paid 30% only using credit card and the rest not paid yet

anyway to stop the credit card payment, i tried to call the banks and they say they can't stop it even though its not claimed by the company yet...only the company can stop it
*
There is one way but it is unethical, actually u just have to report that you lost your credit card and they will cancel all pending transactions.

By right if you are not comfortable with any investment don't sign anything. Once you've signed and paid it is a binding contract in legal terms as there is a valid offer, acceptance and due consideration.
getsmart
post Nov 25 2008, 12:17 AM

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QUOTE(kei18kun @ Nov 24 2008, 07:13 PM)
first investment for me, they say sign here and there...in the end no contract for me yet until finalising everything, i paid 30% only using credit card and the rest not paid yet

anyway to stop the credit card payment, i tried to call the banks and they say they can't stop it even though its not claimed by the company yet...only the company can stop it
*
If there is a cooling off period usually it's 7 days, you can cancel the deal.

You bought 3 cows for RM26K each and paid RM23,400 (30%) for your first investment? For an investment which no one heard of or ever successfully invested in before? That's taking a big risk.
DannyOP
post Nov 25 2008, 01:08 AM

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yes you are right getsmart, just about to add this in but u got to it first smile.gif

If it is an investment approved by any of the Min of Finance bodies (Bank Negara/SC/SSM), there will be a cooling off period precisely to avoid these kind of situations. For Unit trust it is min 6 days.. for others like CHGS it is 10 days. Find out about your cooling off period (if any) and do act fast to cancel your investment if you are in doubt, or at least ask the consultant to answer all your doubts until you are satisfied. If you cancel during the cooling off period, you will be given a full refund.

This post has been edited by DannyOP: Nov 25 2008, 02:13 AM
kei18kun
post Nov 25 2008, 06:22 PM

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ok, thanks for the advise, i'll ask right away
mkazmi
post Nov 27 2008, 09:25 PM

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QUOTE(ante5k @ Nov 6 2008, 11:26 AM)
the thing i'm worried is, if the cow somehow pass away, then .....?
*
will replace back the cow.
ringodame
post Nov 30 2008, 04:11 PM

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flex.gif doubt,doubt,doubt and doubts.... anyway i'm new on this site.. just came back from the briefing of PDFarm at puchong. reason to search some info about the program turn out, something unprofessional reply i've read. Why so emotional? we just need something solid reason to do some investment. 26k not small amount for somebody like me who craving every month to pay and spend. This is why we need some extra income. Yet risk is everywhere in every business, still losing 200 or 300rm is a big deal for me and what's 26k.

i've been advised to use a credit card which is for 48months and still i'll get a return of 400 every month untill the 49th month i'll get back the 1k which is being promised. Why Bumi so worried to invest? it is because we don't have financial back-up.. you know how strong the chinese associated?

since emotionally replied being post.. i don't think this can give me a good investment that i'm looking for.
ArsenalRules
post Dec 2 2008, 03:42 PM

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Hey guys & girls!!! save your money!!! it's a scam ... please check with the "people" supposed to buy the milk from you .. and make you the load of money they promised. Do your own research!!! before investing in anything.

P.S As for the holidays i'm sure you need to put a deposit down of 50 Euro's or something. With mat kiosk it was the same.

ITS THE SAME PEOPLE AS MAT KIOSK and another WATER scam thing. They make their money the moment you give them any money ... and don't hope to get back your money if you change your mind.. unless you have legal counsel.

DON'T SAY YOU WERE NOT WARNED!!!


Added on December 2, 2008, 3:46 pmOh ya .... if it's so profitable ... wouldn't it be better for the company to keep it all for them selves. A loan would be no problem if the business plan was fool proof .. but i'm sure they have an excuse for that " The government wants to give people a chance" or " You were selected off a special list" or " you are crazy that why you should be investing" ~ LoL


Added on December 2, 2008, 3:59 pmCheck out what the others are saying http://forum.lowyat.net/topic/834067

The people promoting it are usually working there .. just beware


Added on December 2, 2008, 4:02 pmHey guys & girls!!! save your money!!! it's a scam ... please check with the "people" supposed to buy the milk from you .. and make you the load of money they promised. Do your own research!!! before investing in anything.

BTW What's a GM doing on Lowyat ... should you be working on getting people to part with their hard earned cash? ~ LoL

P.S As for the holidays i'm sure you need to put a deposit down of 50 Euro's or something. With mat kiosk it was the same.

ITS THE SAME PEOPLE AS MAT KIOSK and another WATER scam thing. They make their money the moment you give them any money ... and don't hope to get back your money if you change your mind.. unless you have legal counsel.

DON'T SAY YOU WERE NOT WARNED!!




This post has been edited by ArsenalRules: Dec 2 2008, 04:02 PM
b00n
post Dec 7 2008, 03:41 PM

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This is a quote from a new member: seven dahlia.
Although don't know how real is the information, he/she must had clicked the "REPORT" button instead of the "REPLY". Here it goes in BM:
QUOTE
PDF aslnye adalah HBNC(hospitality biz network consultant)..
PDF ditubuhkan sebenarnye adalah untuk mengaut keuntungan dari public._

untuk mengaut keuntungan,KUASA ditubuhkan.kenapa?untuk mengelakkan diband oleh bank negara(exp-buluhmas.astana farm).

ladang di kluang sebenarnye belum siap lagi..
pihak syarikat mengumpul modal untuk pembinaan semula ladang hasil dari duit investor.

PDF juga bukan sebuah syarikat yg kukuh.Atas sebab itu mereka menggunakan nama datuk zamani..

PDF tidak ada kerjasama langsung dgn bank AGRONIAGA.

26786 adalah harga untuk seekor lembu kacuk yg dijual syarikat..walhal harga asal lembu hanya dalam 10k.
Baki adalah untung syarikat..

pihak syarikat akan mengambil 30% dari keuntungan bulanan.
Jadi,keuntungan investor hanyalah sedikit..

Pihak goodday tidak akan membeli harga susu pada 1 liter-RM2.kenapa?kerana harga pasaran susu untuk pengeluar tidak semahal itu..

hanya orang yang bodoh sahaja akan mengambil tindakan menjadi investor untuk DPF.

Bisnes lembu yg dijalankan tidak akan lama.apa gunanya CAPITAL GURNTEED dalam masa 4 tahun?
Memang PDF akan membuat pembayaran semula,tapi investor jgn lupe tentang interest yg dikenakan bank..
Adakah PDF akan membayar sekali interest yg dikenakan?
jawapanye TIDAK!

kepada pihak PDF,berpijaklah di bumi yg nyata..
mengaut keuntungan dari public bukanlah cara yang bagus..
sepandai2 tupai melompat,akhirnya akn jatuh MATI jugak..

tunggu dan lihat..
syarikat anda dalam pemerhatian..


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