Looking at global recession risks and what’s been going on in stock exchanges all around the world, at least we have been spared the ups and downs but at the same time it’s very disappointing to see what’s happening with LTR (who I’m sure many here also follow) up over 5% again today when the market is experiencing another big down day.
On the flip side to that disappointment is it gives an indication of where AVZ could quickly move to and beyond.
As
@Frank said to me the other day, with something like 4000 shareholders on the register, it’s possible only a small percentage of them access this forum, so it’s important that those here who attend the Roadshow and ask questions know all the facts relating to the questions being asked and do it like professionals, because even though the BOD and executives may be seen by some (including me) as overpaid and over-entitled, they are professionals and will be going into the AGM (and the Roadshows) fully prepared.
As mentioned before, it would not be appropriate to go there with any type of cavalier, unprofessional or unprepared attitude. At the Sydney Roadshow I was staggered at the unprofessional approach of the majority who attended.
I personally believe Nigel is genuine (the only one) but even he only gives out what he wants to, and it’s up to shareholders to join the dots. In Sydney I formed my own opinions by spending about 20min with him, and in that time he pretty well gave away nothing, but if you know what you’re looking for you can get a sense of the answers you are seeking by what he is not saying.
I’m just one shareholder here, I’ve heard a few professional suggestions.
Here’s a little story about something a friend told me when I was young. He said “If you want anything, always go straight to the top”….
Example
In the late 80’s I got a job in the Newcastle Gas Company. I’d been there two weeks when a mate who was overseas wanted me to meet him and travel around Indonesia surfing. When I said I only just got the job, his exact words to me were “put your evil brain into action and get the time off”.
Sure enough within the week, I bypassed the foremen, walked straight passed the Supervisors offices and and walked straight up to the Manager’s office and spoke him. I told him my best mate’s Mum had won the lotto and was paying for me to travel overseas and it was a once in a lifetime opportunity. When I came back to work no one in the Gas Co could believe the manager gave me 6 weeks leave without pay…. Just goes to show what you can do if you put your mind to it!
Anyway I’ve done enough talking, just remember if you put your mind to something, and your determined, you can have great success
And we want professionalism at the Roadshow and not this kind of of thing when it comes to question time