I superinvestor like me must have the criteria:
1. Must very very rich. (nope, not really)

2. Must very intelligent. (super investors are vry intelligent, no doubt about it)

3. Must very good donor to charity. (not relevant at all)

4. Must very ego. (over-confidence?)

5. Must able call people who critisize me as "stupid and poor" (they may scold you back, because they're smarter & richer. i3 will remove your offensive comments (if any) anyway...)

Conclusion: Troll of the year of i3 investor. XD

To me, what Jon Choivo and Icon8888 are arguing is essentially the same. Some people get rich merely by investing/speculating in the stockmarket. Some make it big, others may lose a little. Worse, some lose it all. If one knows what he/she is doing, perhaps 'sailang' on Hengyuan (when it was RM3) or bought KESM when it was undervalued, they definitely can become rich. The key to getting rich via stocks is to have sufficient knowledge, timing, high EQ (not easily swayed by emotiosn) & luck when you buy & sell.

No doubt some people can punt & hit the jackpot like Icon's friend has done. As Icon mentioned, it takes perseverance. The utilization of information, eg. i3investor.com allows investors to pick stocks more confidently. stick to one's price target despite the ups & downs. But on the other hand, Jon Choivo has a more conservative view on the majority of punters, where these eager punters are actually gamblers. These gamblers want fast, easy money. They jump on the bandwagon of any hot stock w/o doing any research whatsoever. Most, if not all, get burnt, simply because they can't control their emotions. When they see a 10% profit plummet to a 30% loss in the span of a few days (or months), they panic & sell at a loss.

“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.”― Benjamin Graham

Icon8888 said as long as punters do the right things, they will get rich. But isn't that considered as doing research? If punters had done proper analysis, they won't be classified as punters. They should be called investors. They'll stand a chance to get rich via the share market. I don't think those who have conducted due diligence are categorized as punters/speculators. Surely these people will have higher chances of selecting winning stocks. But the reality is, most people don't have the patience. They want immediate results. They mindlessly follow the crowd to buy trending stocks. These are the majority of punters/speculators.

I'm inclined to Jon Choivo's view that the majority of punters don't have what it takes to get rich via stocks. If the majority of punters, (eg. 70% of them) lose money in the stock market or are not profiting much from it, it is certainly not wise to 'sailang' their hard-earned money into trading stocks. For punters, stocks are a source of extra income. Think of it as driving Uber/Grab part-time. It cannot replace working full-time for a living, though a few may attain great success. To the normal folk, returns from shares are a bonus. Realistically, dabbling in stocks without a job and hoping for the best isn't going to make any punter or speculator rich. It is akin to buying Toto/Magnum/Damacai everyday, hoping to strike big.

BOOM! Can this stock lose more than FGV in terms of percentage loss compared to IPO price? Only time will tell. Meanwhile, Maybank will mati-mati support this stock.

don't catch a falling knife

I am not a member of kcchongnz's course. But this is genuinely good advice. This article allows investors & speculators to think again before making any moves in the stock market. Many bits of investment nuggets can be extracted from this seemingly short & simple article, eg. don't chase hot stocks blindly, stick to your pre-determined strategies, buy low & sell high, etc. "If I've seen a little farther than other men, it's by standing on the shoulders of giants" Well, I may not see further than the pros, but I can certainly follow their footpaths to see things not seen by others.

it's so quiet here. I guess future prospects for this stock to rise is really dim, judging by a high PE of 56.45 & ROE of 1.81%. Most of all, net profit shrank drastically since 2016.

Just wait & watch, Astro will drop to BJToto's level.

http://www.theedgemarkets.com/article/skp-resources-plans-415-sen-dividend-fy17

pg 112 of Annual Report 2016 states that Cash and bank balances at 31 Dec 2016 is RM4.045M, compared to RM52.294M at 30 June 2015. Is this a cause for concern? Can someone explain the reason for this?

Anyone holding it for the dividend?

Why can't we buy it now & keep for the long term, eg. 5-6 years? Track record is not too bad...

Amway has fallen from grace, dropping from RM10 a year ago to RM8.85 now. Wonder when will it rise again & break the downtrend?

Will monitor this share frm time to time. I think it has potential.

Those who bought just to get the dividends and kept until now will grin from ear to ear.

I wonder why people buy this share. Low ROE, kiamsiap on dividends, PE>50. Maybe because it's on an uptrend?

非常棒的文章！ 使我更想为未来而努力存钱! (^_^)

股息投资法好比意大利足球队打法，防守为重，因此失利的机会少。不是不好，只是觉得很难获得大胜利。

Wouldnt it be risky to buy Nestle at such a high price? If the KLCI drops drastically, wouldnt blue chips like Nestle take a tumble first?

I intended 2 buy 2 collect dividends for the long term, but the price is too steep for a young newbie like me. Will buy when it drops to 29.00, if it happens.