Agarwood investment is not something new in Asia, as agarwood is
a niche business, many investment company or plantation company
make full use of agarwood's high price and secretive image to
lure investors into putting their hard earn money with them. So
is Agarwood investment a good investment to invest in rather
than those products offered by your bankers?
share my own personal views and do take it with a pinch of salt.
In the market, especially in countries like Thailand and Vietnam
are among the very first to start this investment product, some
have failed and some are still doing ok. In Malaysia and
Singapore, many of these agarwood plantation companies are doing
their best to sell you their trees. Personally i have been to
many of their agarwood investment seminasr, talked to their
Relationship managers, directors and CEO.
Below are my personal
insights and may not be true.
How Agarwood Investment Company works
There are alot of big and mature agarwood trees in thailand,
Cambodia and Vietnam, why do they come to Malaysia to grow? Part
of their global expansion plan? Maybe.
Some of these agarwood plantation company are simply middle man,
they contacted those agarwood plantation owners and took over
their plantation(Without paying them, maybe
just a small deposit) They will then use the owner's trees and sell to the
investors. So the money is now with the company, leaving the
plantation owners and investors praying hard for their dollars.
What is their secret recipe? It will be their inoculation
technology. (Getting very common nowdays to get agarwood resin
as compared to early days)
How cultivated Agarwood resin are form Agarwood resin are formed when
you apply inoculation to them and usually it takes around 2 year
before you harvest the trees for oil distillation or wood chips.
From seedlings to mature trees suitable for inoculation, that's
five years, plus another two years of inoculation and agarwood
resin formation, it will be 7 years of wait.
How they promise to sell your
harvested agarwood products?
we do next for our cultivated agarwood products? Well, bigger
agarwood investment company will set up their own perfume
boutique and distillery factory, some will show you contract that they
have ready buyers for medicine or perfume usage.
Sounds good and looks very promising. Is it for real? (Or their
brothers are buying it?)
Why first batch of investor always
win like MLM
We all know about those MLM and Pyramid scheme,
the first batch of customers usually manage to get their money
back and comes with handsome profits. Why do we
need to pay them handsomely? We need them to share about this
investment with their relatives and friends, word of mouth
marketing and also to show the potential customers our track
Beware of high and handsome returns of Agarwood
investment, you need to check yourself against the risk you are
in and whether you do know about agarwood. Be sure to check the
contract and read carefully, with numbers to back you up. Do not
buy into the beautiful words of the consultant.(Or that
beautiful customer relationship lady :)
Agarwood Investment Some agarwood investment companies have approached me
in featuring them in my website but for the benefits of the
readers, i feel that i should write it in a much balance and non
bias way to provide an insights into the current Agarwood