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Many investors define successful investing as beating the market average over the long term. But the risk of stock picking is that you will likely buy under-performing companies. Unfortunately, that's been the case for longer term SkyCity Entertainment Group Limited (NZSE:SKC) shareholders, since the share price is down 27% in the last three years, falling well short of the market decline of around 3.6%.
Since shareholders are down over the longer term, lets look at the underlying fundamentals ...
>>> Read more: SkyCity Entertainment Group (NZSE:SKC) investors are sitting on a loss of 23% if they invested three years ago
Since shareholders are down over the longer term, lets look at the underlying fundamentals ...
>>> Read more: SkyCity Entertainment Group (NZSE:SKC) investors are sitting on a loss of 23% if they invested three years ago