@young to be honest you are starting to sound ilke a short term player..
For a long term investor anytime prices are "depressed" should be the time to be buying like crazy...

I have been in your market since 2004. Quite unlike other bources 95 percent of the counters announce their year end or half year result within the first 3 months of the year (Jan - March). The anticipation of the results naturally drives prices. They start to even our in Q2 and become low and stable from end Q3 / Q4.
A long termer like me is also interested in buying stocks at a good price, so if I have some bob to buy stocks I will wait a few mother later to pick them even cheaper than the prevailing prices.
Agreed the market is depressed, it will be depress further in the months ahead. For example it makes more sence not to buy Eqty now at 19.95 cum 1.00 or 1.25 dividend rather than 16.5 in Sept or oct 2012.
For both long and short term investor it is not good to take position during the euphoria or party time (Jan - March).

If my advise or strategy as a long termner is useful to short term investors, that is very ok by me in the spirit of Wazua.

The point is the abonormal dividend yields 7% and above will not be sustainable on the long term when stocks recover.

KenolKobil at 9 pia
And if anyone is a longtermer as they say, the 'high' dividend yields WILL be maintained for them as they will continue holding after buying at a cheap price, ama? I mean, we've heard of guys getting higher dividends (on absolute terms) than the buying price.

QW, you make FOREX trading look easy;-)

I totally concur with young, its the best of both worlds. Get dividends as you await long term capital gains.

We buy shares to make money, not to hold them to internity. If a stock price goes higher than the expected divided, sell it. Take your profit and wait for a few months to pass and you will get it again at almost the same low price. Repeat this yearly. We are in stocks for business and the business is to get returns from investment. Holding longterm is okay for those who have no time to flip their money over but if you are new in the business and you are keen on growing your money quickly flip it, flip so long as you are breaking even when you do it. However I suggest you consider the commissions you are charged when you buy and when you sell, so long as you factor these and you can still make a good profit in capital gains, well and good. In the bear market my target rate of return is at least 15% after factoring in commissions

I concur with Young on this. Recently had a conversation with a land baron of sorts & a guy from a fairly large investment firm & what i came out with was that the best strategy for any investor is always flip & split & that you can only be a real long term investor if & when you are the owner of the firm or asset. We are all in it for the profit motive & whether i make the same in a month, months, year or years, i'll still have made what i wanted.

sometimes when i dnt agree i usually do this : ┌П┐(⌣́_⌣̀)┌П┐

As per @young, BAT is still cheap (Div. Yield 6% at 500 bob per share and 30 bob dividend).

A 1:10 BAT split will see wanjikus stream in like nobody's business. Currently, an investor needs atleast 55K to just afford the minimum allowed 100 BAT shares.