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Statistically speaking, long term investing is a profitable endeavour. But no-one is immune from buying too high. For example, after five long years the Emeco Holdings Limited (ASX:EHL) share price is a whole 71% lower. We certainly feel for shareholders who bought near the top.
So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.
View our latest analysis for Emeco Holdings
To quote Buffett, 'Ships will sail around...
>>> Read more: The past five years for Emeco Holdings (ASX:EHL) investors has not been profitable
So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.
View our latest analysis for Emeco Holdings
To quote Buffett, 'Ships will sail around...
>>> Read more: The past five years for Emeco Holdings (ASX:EHL) investors has not been profitable