Long vs Short: Sky City Entertainment

In this second of the Long vs Short series I am once again going to take look at the chart comparisons for a stock from the Share Investor Portfolio and compare the 10 year return (above) to the turmoil of the last year with a 1 year return chart (bottom of post).

In this series I want to show the merits of investing, using charts, for the long-term vs short term gains or losses. I will use the longest available data to me for the long-term view and will compare against the NZX50.

The second stock in the series will be Sky City Entertainment [SKC.NZ] which I have held for 6 years, the longest of any stock of the 17 that I currently own.

My Portfolio
Symbol	Price	Value	Earned
SKC.NZ	$2.94	$102900	$30800
You own 35000 [SKC.NZ] shares purchased at $2.06 [$72100] *

As I said above I have held Sky City for 6 years and my current return (see small chart above)* is around 42%. Not good considering it is 6 years but when you look at the current market situation not bad.

If however you had held Sky City for the full ten years(see large chart at top) your return would have been a staggering 350%.

Taking a look at the short term outlook for the last year your loss would have been almost 35%.

As in the first Long vs Short installment the long-term portfolio wins again.







Long vs Short series

Mainfreight Ltd
The Warehouse Group


Sky City @ Share Investor

2008 Sky City profit analysis
Sky City Entertainment 2008 Full Year profit results , NZX release, 2008 full year presentation, result briefing webcast, financial statements
Sky City 2008 profit preamble
Sky City outlines a clear future plan
As recession bites Sky City bites back
Sky City Assets: Buy, sell and hold
Why did you buy that stock? [Sky City Entertainment]
Sky City Share Volumes set tongues wagging
Sky City half year exceptional on cost cutting
NZX Press release: Sky City profit to HY end Dec 2007
Sky City Cinemas no Blockbuster
Sky City Entertainment share price drop
New Broom set to sweep
Sky City Management: Blind, deaf and numb
Sky City sale could be off
Opposition to takeover
Premium for control
Sky City receives takeover bid
Sky City Casino Full Year Profit to June 30 2007
Setting the record straight
Sky City CEO resigns
Sky City Casino: Under performing
Sky City Casino 2007 HY Profit(analysis)
Sky City Casino 2007 HY Profit

Share Investor Forum-Discuss this topic


Related Links

Sky City Financial Data

• Summary
• Charts
• Dividends
• News
• Announcements
• Price History
• Related Securities

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Long vs Short: Mainfreight Ltd

In the first of a series of 17, I am going to take look at the chart comparisons for stocks from the Share Investor Portfolio when comparing the 10 year return (above) to the turmoil of the last year with a 1 year return chart (bottom of post).

In this series I want to show the merits of investing, using charts, for the long-term vs short term gains or losses. I will use the longest available data to me for the long-term view and will compare against the NZX50.

The first stock we will look at is Mainfreight Ltd [MFT.NZ] the global logistics company.

As one can see from the two large comparison charts if you have been a Mainfreight stockholder for 10 years your return has been over 300%. A magnificent return by anyone's standards.

Conversely if you look at the one year chart and bought Mainfreight a year ago your return is negative 30%.

Symbol	Price	Value	Earned
MFT.NZ	$4.80	$15000	$-7218.75
You own 3125 [MFT.NZ] shares purchased at $7.11 [$22218.75]

I have held Mainfreight shares for 2 years and as you can see from the chart above my 2 year return is around negative 33%.

Clearly the long-term view is the winner here and I would contend that if I hold for another 8 years the opportunity to gain similar returns to the last ten remains only if I continue to remain a shareholder.

I will also guess at this point that the next 16 posts in this series will show a similar story.

Keep checking back to see if my hunch is wrong!




Related Share Investor Reading

Why did you buy that stock? [Mainfreight Ltd]
Mainfreight 2008 Annual report worth reading
KiwiRail will cost Mainfreight
Mainfreight keeps on truckin
A rare breed
Share Investor's 2008 stock picks


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c Share Investor 2008