During the window from April to May, many companies usually file their financial results for the previous year.
What follows after is a mandatory meeting, or commonly known as the Annual General Meeting (AGM), between shareholders and the directors which is conducted once a year as the name suggests.
At the meeting, directors share company insights with their shareholders about the past year’s business performance, strategies and the outlook going forward. On top of that, shareholders occasionally get to vote for the election of new or existing directors, approval of directors’ fees, auditors, payment of dividends, etc.
I’ve been attending AGMs of the companies I have invested in for the past five years now. The information I’ve gleaned from them has been highly valuable and extremely useful for my investment decision-making process.
It has led me to higher gains by staying invested in companies whose management teams I felt were clear …