Walton land banking investment advertised 12%PA return,with fine print. What this fine print mean?

[wahkao3]

Walton land banking investment advertised 12%PA return,with fine print. What this fine print mean?

On the headline advertisement it says "Our Solid 30 year track record, 12% P.A" , then there is a small fine print to give details.

Anyone knows what this fine print means?

it looks really deceptive.

Internal rate of return
Who's internal rate of return? Walton's rate of return or the investor's rate of return.

Fully exited projects
What about those unexited projects that got stuck!? OMG

Unaudited
Means just believe what I say. No 3rd party come in to inspect my books

Syndication value
"Syndication value" WTF is "syndication value" I bet its some really low value. Perhaps the cost price at which Walton bought the land?

Exit offer value
Its probably some gross high numbers.
Is there any additional deduction on top of the exit offer value? Taxes? management fees? sales charges? marketing costs?

Anticipated closing date
projected closing date? What if projections are missed?

Past performance is not necessarily indicative of future results
Fine, I can take this clause

 

[frenchbriefs]

syndication means cartoon syndicate.

unaudited means as good as or better performance than ho ching,temasek holdings,highest returns in the world best woman for the job just take my word for it.

overall doesnt look too bad,it doesnt try obsfucate the truth or oversell.just tells u straight to ur face this is a risky gamble.

 

[kevin301]

Have been getting calls over the past year to invest with Walton International. Initially was quite eager, but interest declined after hearing some friends remark that land-banking is extremely risky.
So far yet to invest a single cent.

The 'promises' look appealing, but I am worried to have my hard-earned income stuck there.
Would like to find out if anyone has any experiences to share on land-banking, particularly with Walton. Would appreciate both good and bad experiences.
Many thanks!

 

[cybercom8]

you can do better by picking any share and dumping your money and keep for 10-15 years.

for sure, you cant do worse

 

[nymous]

have invested one with Walton. Go in 2004, exit I think end 2009. Return I think around 15% per year. Not bad, but no plan to go in again. The issue is liquidity and not so transparent.

 

[wahkao3]

have invested one with Walton. Go in 2004, exit I think end 2009. Return I think around 15% per year. Not bad, but no plan to go in again. The issue is liquidity and not so transparent.

wa not bad
can u show some paper work leh us see?
can u calculate money in money out return?
the money that goes out of your bank to walton and the money money that comes back in. calculate the return

 

[mikezuper]

I am still waiting after 7 years.

 

[nymous]

wa not bad
can u show some paper work leh us see?
can u calculate money in money out return?
the money that goes out of your bank to walton and the money money that comes back in. calculate the return

I calculate already, all including forex. Dont want to redo again. Maybe not 15%, but at least 10%.

But with what I know now, I dont think I go in again

 

[ventin]

have invested one with Walton. Go in 2004, exit I think end 2009. Return I think around 15% per year. Not bad, but no plan to go in again. The issue is liquidity and not so transparent.

I have the same issues with land banking companies. Basically, your money is stuck there like your CPF. They decide when they want to payout. The best part is, whether the land is real or not is not important. It is an idea that you are investing in something that gives you high returns. They just take the money and rolled an extra 50% and gives you 20%. It is worth it for them.

So my advice is, DO NOT TOUCH LAND BANKING unless you have money to burn.

In fact, 2 years ago, i did asked for early exit and was told that i will lose 50% of my investment. Then they told me to hold till they can get me a buyer so that i would not lose so much. In the end, i am still waiting for the buyer. At this stage, i guess i got to bear with it and pray for exit and get back my money.

 

[kevin301]

I calculate already, all including forex. Dont want to redo again. Maybe not 15%, but at least 10%.

But with what I know now, I dont think I go in again

Thanks for sharing your experience.
If return is around 10% p.a., though quite high but all things considered maybe just easier to put into equities that pay 4-6% dividend and some capital appreciation.
The risk seems quite high but the reward doesn't seem too fantastic.

Just curious about your last statement "... with what I know now... "
Care to elaborate?

 

[nymous]

Now I know more about investment option, global politics, economy, how things work, better knowledge to assess risk and with that, land banking is high risk.

 

[simon_84]

If is too good to be true, is probably a scam.

 

[kevin301]

Now I know more about investment option, global politics, economy, how things work, better knowledge to assess risk and with that, land banking is high risk.

Ok thanks for sharing
I get what you mean. Agree with you on the high risk.

 

[Berkshire70]

Hi, decided to join this forum after reading this post. I'm a investor with Walton for the last 3 years. Heard about them over 10 years ago but only dare to make my first investment with them after 7 years.

Long story short, if I had listen to my friend who made investment with them 10 years ago, I would have saved or even made more money then most of my stock and shares.

They are actually more than 30 years in business and their track record of consistent returns impressed me most

 

[wahkao3]

Hi, decided to join this forum after reading this post. I'm a investor with Walton for the last 3 years. Heard about them over 10 years ago but only dare to make my first investment with them after 7 years.

Long story short, if I had listen to my friend who made investment with them 10 years ago, I would have saved or even made more money then most of my stock and shares.

They are actually more than 30 years in business and their track record of consistent returns impressed me most

yes their track record without the hidden cost is indeed impressive

after adding in all the hidden cost what do you get?

 

[Perisher]

Hi, decided to join this forum after reading this post. I'm a investor with Walton for the last 3 years. Heard about them over 10 years ago but only dare to make my first investment with them after 7 years.

Long story short, if I had listen to my friend who made investment with them 10 years ago, I would have saved or even made more money then most of my stock and shares.

They are actually more than 30 years in business and their track record of consistent returns impressed me most

Sorry, I'm a little skeptical, do you have any prove you don't mind showing? Especially as you are a new comer. I will believe what you claim after you consistently post here for another 3 years and successfully exit.
And yup, you have the right to not post anything confidential. I'm just SKEPTICAL.

 

[wahkao3]

1 thing that finance industry do:

Anything that's low risk high return, they will repackage it into something low risk low return, and secretly pocket the rest

its important we see through their trickery before we invest our hard earn cash with them

in investments, we only go low risk, high return

anything that's low risk low return, high risk high return, or worse, high risk low return, we should ignore

 

[Berkshire70]

they used to have audited returns by PWC and share with investors. I myself have not experience any returns yet. Got interested in Walton after my sister got back her returns and convince me to do it. She invested in a few projects with them and have quite a few of her projects sold in the last few years. Heard from her that the best she got was a land in Canada where she put in $25,000 and got back $140,000 after 12 years in 2008.

Of coz she told me not all project will be that good. My agent then told me that what Walton achieve for investors is usually in double digit (meaning 10%p.a. and above). What I like about the investment is also because I have a committed agent who would meet me and give me updates about the progress which I felt more comfortable.

 

[wahkao3]

What I like about the investment is also because I have a committed agent who would meet me and give me updates about the progress which I felt more comfortable.

on SGX, the companies are also commited to update every quarter in a standard format known as the financial statements

and every year, MUST undergo audit

 

[kevin301]

Hi, decided to join this forum after reading this post. I'm a investor with Walton for the last 3 years. Heard about them over 10 years ago but only dare to make my first investment with them after 7 years.

Long story short, if I had listen to my friend who made investment with them 10 years ago, I would have saved or even made more money then most of my stock and shares.

They are actually more than 30 years in business and their track record of consistent returns impressed me most

You are an invester with Walton for the last 3 years... How many projects have you invested in and exited?
What is your total profit as of today in real hard cash ?
If it is ZERO, then you can't really say that it is such a great investment.