hangon
- 02 May 2014 15:51
Not that I go to many, just some that look interesting, etc. but the Tube-Strike made me look carefully - and I see that mostly the duffers tend to be early in the day, like before 10:30 whereas solid yield-paying ones are after 11:30 . . .
Anyone noticed this? and why is it still impossible for companies to get their AGMs sorted-out so we can go to one venue and see several AGMs one after the other, perhaps allowing a half hour for refreshment and discussions etc....right up to the Bell. That way we might sort out three companies per day instead of adding greatly to the pressure on the Transport infrastructure.
Too often Co AGMs end just before lunch so the Directors and hangers-on can have a decent meal at shareholder expense, while we get lukewarm coffees and strange looking eats . . . and that's fairly rare too. When you realise that a packet of choc biscuits is under £1, Co's aren't exactly overspending if we got a packet each.
These are OUR AGM's:- when we should be able to hold Dirs to account and get fall-on-sword promises for the year ahead . . . . yet in reality the Directors have sounded-out the Institutions and know the Poll is in the bag . . . . yet Institutions ar only holders of our money - rarely are they putting their own money at stake, it belongs to Pension funds - money "We" put in to be looked after - not to provide them with a gut-busting lunches.
Whatever happened to the Gov. promise that shareholders would vote on Dir. Pay? Of course this should be by a show of hands - one vote per attendee, thereby making it difficult for Institutions to say YES, when they know these same Directors will be voting their Bonuses....
Hurumph.