Thursday, March 12, 2009

1 Hectar Lemon Grass R&D Site at UPM

In a Joint-Venture partnership with Universiti Putra Malaysia (previously known as Universiti Pertanian Malaysia) a total of 1 Hectar of Lemon Grass has been planted for UPM's Lemon Grass Research & Developmet Department at Plantation Site A on the grounds of UPM itself.

Photograph's of empty Plantation Site A was taken on 27th December 2009. A Site Visit will be conducted by QUTE's management to collect new digital photos of the now fully planted Site with Lemon Grass. Digital screenshots of the site will be uploaded onto at the earlist convenient time. Expected Yield would be between 3 to 5 bunches or 100 to 150 Lemon Grass Stalks due to the high irrigation system & fertile agricultural land available at UPM. All costs were covered by UPM for land preparation, pre-germinated lemon grass seedlings, weed control, watering, fertilizers & harvesting costs. Sales of fully processed bunches of lemon grass will be managed by QUTE's site supervisor & wholeseller. A google earth screenshot will be made available on for those wishing to make a site visit annonymously.

QUTE Restaurant Share Offer Proposal

We are now drafting share offer for QUTE Restaurant having acheived a minimum target sales of RM2,000 per week. If the proposal pass in the next general meeting QUTE JV @ Unit shares will be offered as follows:

Total Shares = 50,000 Units = 50 LOT = RM50,000
Company Profit = Gross Profit - (Rental+Utilities+Wages)
Dividend / LOT = Company Profit /50 LOT

Assume Gross Profit = RM150 X 30 Days = RM4,500
Company Profit = RM4,500 - (3,000) = RM1,500 / Month
Dividend / LOT = RM1,500 / 50 LOT = RM30 / Month

Annual Dividend = RM30 X 12 Months = RM360
Average ROI = RM360 / RM1,000 = 36 % p.a.

Result of general meeting will be posted next week. (Number of LOTs to be offered to private corporate investors will be announced along with any discounts on LOT prices)

Wednesday, March 11, 2009

Rich Dad Poor Dad Quotes

The following are some of the quotations from “Rich Dad Poor Dad” by Robert T. Kiyosaki & Sharon L. Lechter. You want financial freedom? Read this book!

Poor Dad: I can’t afford it.
Rich Dad: How can I afford it?

Poor Dad: The love of money is the root of all evil.
Rich Dad: The lack of money is the root of all evil.

Poor Dad: The rich should pay more in taxes to take care of those less fortunate.
Rich Dad: Taxes punish those who produce & reward those who don’t produce.

Poor Dad: Study hard so you can find a good company to work for.
Rich Dad: Study hard so you can find a good company to buy.

Poor Dad: “The reason I’m not rich is because I have you kids.”
Rich Dad: “The reason I must be rich is because I have you kids.”

Poor Dad: Forbade the subject of money to be discussed over a meal.
Rich Dad: Encouraged talking about money and business at the dinner table.

Poor Dad: When it comes to money, play it safe, don’t take risks.
Rich Dad: Learn to manage risk.

Poor Dad: Our home is our largest investment and our greatest asset.
Rich Dad: My house is a liability, and if your house is your largest investment, you’re in trouble.

Poor Dad: I’ve worked hard for the government and I’m entitled to these benefits.
Rich Dad: He spoked out against the “entitlement” mentality and how it was creating weak & financially needy people. Believed in total financial self-reliance.

Poor Dad: Struggled to save a few dollars.
Rich Dad: Simply created investments.

Poor Dad: Taught me how to write an impressive resume so I could find a good job.
Rich Dad: Taught me how to write strong business & financial plans so I could create jobs.

Poor Dad: Always said to me “I’ll never be rich.”
Rich Dad: I’m a rich man, and rich people don’t do this. “There is a difference between being poor and being broke. Broke is temporary and poor is eternal.”

Poor Dad: I’m not interested in money” or money doesn’t matter”
Rich Dad: “Money is power”

Poor Dad: Wanted me to study hard, earn a degree and get a good job to work for money.
Rich Dad: Encouraged me to study to be rich, to understand how money works and learn how to have it work for me. “I don’t work for money!” “Money work for me!”

Poor Dad: He spoke of the virtues of “working your way up to the corporate ladder.”
Rich Dad: “Why not own that ladder?”

Existing & Potential Local / Export Markets

Many Private Corporate Investors/Partners wonder where we market our Fresh Lemon Grass:

Our Site Supervisors & Jabatan Pertanian Advisor both maintains 30 acres of Lemon Grass each. QUTE's 1st phase of Lemon Grass Plantation consists of only 5 Hectar so as of this writing.

At the time of this writing our markets consists of:
1) Local Wholesalers at RM1,200 / 1 Metric Tonne (1,000 Bunch) Daily
2) Rempah Factory at RM3,000 / 3 Metric Tonne (3,000 Bunch) Daily
3) Singapore Wholesalers at RM16,000 / 10 Metric Tonne (10,000 Bunch) Weekly

At the moment we still do not have the capacity to supply to these markets using our own plantation stock so a lot of trading goes on between our Site Supervisors & Wholesalers between many different private corporate plantations to meet the demands of these markets.

QUTE has planned to schedule 2 Hectar of Lemon Grass Plantation every month at our primary plantation site at Kg Sg Buaya to support this existing demand

Sg Buaya Joint-Venture Lemon Grass Plantation

2 Hectars of Fertile Agricultural Land at Sg Buaya has been fully utilized with JV Lemon Grass Plantation. Additional 2 Hectars of Fertile Land will begin deforestration end of March 2009 for the 2nd phase of Lemon Grass Planting.

1st Phase of Lemon Grass Plantation has been completed on 7 Acres of Land of which only 2 acres are still available for Joint Venture Investment for Individual @ Corporate Entities.

Smallest Plot size available for JV Investments on remaining 2 acres:
RM1,500 X 1 Unit QUTE Plot (1/4 Acre) = 1,000 Lemon Grass Plants
RM6,000 X 4 Unit QUTE Plot (1 Acre) = 4,000 Lemon Grass Plants

Potential Gross Profit Projection (within 6 months):
4,000 Bunch X RM0.80 = RM3,200 / Unit Plot (1/4 Acre)

Please Contact 012-3903589 @ 012-2460846 (during working hours) to pre-arrange a weekend site visit at Sg Buaya (1 hour drive)

JV Lemo Grass Project Cost Estimation & ROI Projection

Fresh Lemon Grass JV Plantation (For New Raw Land):

Estimated Cost = RM20,000 / Hectar (not including Worker's Hut & Fence)
ROI Projection = 8 Months (1st Round including time taken to clear & prepare seedbed)
Profit Projection = RM20,000 +/- 10,000 every round (6 months / round)

Smallest Joint Venture Plot (For New Raw Land):
Startup Capital RM8,000 / Acre for 4000 units of lemon grass plants

Lemon Grass Plantation Specifications:

10,000 Units of Lemon Grass Plant / Hectar (2-3 Lemon Grass Seedling / Plant)
Target Yield = 4 Bunch of Lemon Grass / Plant = 40,000 Bunch / Hectar
Gross Profit = 40,000 Bunch X RM0.80 = RM32,000 / Hectar

1) Deforestration @ Clear-Cutting: RM5,000 / Hectar
2) Pre-germinated Lemon Grass: RM7,500 / Hectar (Includes Weed Control & Planting)
3) Systematic Watering, Weed Control, Fertilizers + Harvesting: RM7,500 / Hectar

Local / Export Markets (Accepts pre-processed Lemon Grass Bunches):
1) Local Wholesellers (RM1,200/MT)
2) Local 'Rempah' Factories (RM1,000/MT)
3) Singapore Wholesellers (RM1,600/MT)