Investors will have their favourite assessment acronyms for reviewing company prospects: ROIC, DY, ROE. One of my favourites is company engagement with shareholders (CEWS), which can be measured at an AGM, of which I have attended thousands over the past three decades. Some companies still retain an aloof formality, and executives often betray a sense of impatience in trying to bring the meeting to a quick conclusion.
I find it unacceptable — and more than a little disturbing — when a company’s executives cannot make the effort to engage robustly with shareholders in an open forum once a year. Astral Foods, I might point out, seems to grasp the value of proper shareholder engagement...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.