Monday, May 16, 2011

Why Only Star News is Behind Speak Asia?

According to the latest salvo from Star News, the daily profit earned by Speak Asia is Rs. 15 Crores!!!  Now, that's bound to sweep you off your feet.  I don't think even the biggest corporate houses in India can claim of such whooping profit per day.

How this figures out???

Well, let's do some calculations.

Speak Asia membership fee per member =  Rs. 11,000.
Daily Number of Membership = 35,000
Per Day Income = 11,000 x 35,000 = Rs. 38 crores 50 lakhs.
Per Day Spending plus Return to Members (Rs. 4000 per month) = Rs. 23 crores 50 lakhs.

Per Day Profit = Rs. 15 crores

Now, that is some figure to talk about.  Well, I think there is nothing wrong with Speak Asia as long as they are paying out to the members, which I think they can continue to afford to give back for another year or two and by that time one would have got around 1 lakh rupees back by the end of two years for an investment of Rs. 11,000.  So, for the short term (two years), I think there is nothing wrong with the company modus operandi and also from the investors' point of view.

Things might start taking a downturn when the membership values start trending down and the payback trends start going up, but that is a story after maybe 2 years.

So, the company is not doing anything bad for the investors at least for the next two years and in fact Star News is also saying that what will happen after two years.  But, why to bother for after two years when you when gets back his investment back in less than three months and then starts getting profit for the next 21 months. I think, if we think from that angle, there is nothing wrong with the Speak Asia modus operandi.  It works on the same Ponzi model that we have seen for the last 30 years if it is earning crores but still giving back the consumers their return, let them do.  What's wrong with it???

© 2011 Ranjan Kumar


Anonymous said...

Per Day Spending plus Return to Members (Rs. 4000 per month) = Rs. 23 crores 50 lakhs.

How do you arrive to this figure and who are you to say about them and y should ppl trust u

Fish Aquarium said...

We Bookmark this website. writer Thoughts are appreciated and Thanks for Sharing on Net.
I also see the news of Speak Asia Fraud
but after listing to many Speak Asians i also think Speak Asia is Genuine.
And Sure it will Come Back After all the Media Politics . After Listing Speak Asia Future Plans on 9th June in Talkatora Stadium - Delhi.
But I know many Fraud Companies in India . but i must say Jai Ho Speak Asia and Speak Asian's Are Great.

Anonymous said...

Very nice post. I just stumbled upon your blog and wanted to say that I've truly enjoyed browsing your blog posts. In any case I will be subscribing to your rss feed and I hope you write again soon!

my web page - buy A Car
My webpage how to buy a car,buying a car,buy a car,how to buy a car bad credit,buying a car bad credit,buy a car bad credit,how to buy a car with bad credit,buying a car with bad credit,buy a car with bad credit,bad credit car loans,car loans bad credit,auto loans bad credit,bad credit auto loans,buying a car bad credit loans,bad credit loans cars,buying a car and bad credit,how to buy a car on bad credit,buying a car on bad credit,loans for cars with bad credit,auto loans for bad credit,buying a car with bad credit,how to buy a car with bad credit

Anonymous said...

Ford wаs expected to deliver a small car since the
lаunch of the Fоrd ӏkon way back in 1999.
As such, he says that dеѵeloping a hatchback, five-door veгsіon of the Ϲruze was a simple decision, gіvеn the popularity
of other hatchbacks, like thе Fοгd
Fοcus or Volkswagen Golf, on thе European continent.
Just foг yоuг details, Smart can alsο be аn automotive label of
Dаimlеr AG, founded in 1994, in Boblіngen, Germany.

my page; ezinearticles.Com