QUOTE(yhtan @ Jan 8 2013, 10:48 AM)
big taukeh spotted

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Erm, too bad u are not a person focus on passive income. Maybe different strategy game play by each person.
For me i'll try to sell half, take back capital, let the profit works for me, since one year can get about RM1-1.5 dividend.
Look like u are the real bargain hunter

and patiently wait for durian runtuh
Yea, we are all different. Me is a still basically a trader.

How about a 7 early 8 early rant from me?

Not to say that passive income is unimportant but I think the way people invest just for dividends is badly abused here.
Investing for dividends is not a bad concept but in the stock market, investors should never forget that stock itself is not a constant.
The stock can move up or down in price.
Meaning to say that despite a stock giving out 'good' dividends can still go down in price.
One can actually 'lose' money despite collecting their dividends.
Best real example, of course is no other than Panamy.
Remember those SCARY cheer leading calls to buy/invest Panamy for its SPECIAL dividends last year? IIRM Panamy was around 22 or 23 then.
Panamy only paid 1.20 in dividends for calender year 2012.
Panamy now trades at how much?
How much dividends did Panamy gave out in calender year 2011?
Why so much less?
Did anyone here at Lowyat mention this issue or is the company paying less dividends acceptable?
Look in the Panamy thread.
I remeber seeing one posting declaring "Dividends FTW! "
Does the poster know that Panamy gave out much less dividends last year?