Chinwi wrote:xhora wrote:Wow sound nice, when is the next hotel AGM?
Trans Asia Hotels PLC (28-06-2011, 9.30 p.m)
Earls Court, Cinnamon Lakeside Hotel, Colombo 02
If I buy TRANS tomorrow can I go to the AGM?
YES.
Sometimes they bring computers / printouts and check your name at the entrance from the shareholders list of previous day's closing.
Some companies give nice treats. Once Haylies gave a parcel of their products. SUGA always give 2kg of sugar. Dr Yaddehige (RICH family plantations) always gives packs of very good quality tea at Navinna. Finlays once took us to see their plantations in Ratnapura providing all the needs , transportation, food etc. GHLL - Galadari give coupon for lunch for 2 but you have to enjoy it not at AGM day.
If you are interested in food, I think you may surprise to see the behavior of some shareholders (= owners !) of our companies when they fight to grab many food plates as possible when they open the refreshment gates.
Actually there is a organized gang of 20 - 30 people who grab all the food and put them into bags they bring and vanish. Real shareholders who behave well go without any eating.
The stewards of the hotels know this and they keep few plates for the director board. Many of these bad people are not real shareholders , they buy 1 share from each company or get proxy forms from someone to attend the AGMS. Hence if you want to taste some food, run with the crowd, do not take your GF :-).
There are also well known 'speakers' of these AGMs. Some are showing their ability to analyze reports , find mistakes, etc. There is a ball polishing guy call Wijewiraya (may be not his real name) , always praise the management giving a big speech in Sinhala. you may hear others usually shout at him in order to stop his time wasting drama. It is a know secret that these guys use AGMs to become closer to the big people, ask many support from the managements and one fellow collected money from poor people arranging employments in the companies.
Chinwi its really nice that ur sharing ur experience on these with us.. thanx buddy. its really intersting to hear these things.. keep up the good work.. pls do keep sharing things with us