AGM Reports

AGM Reports

Our library contains reports on the Annual General Meetings of a large number of listed and quoted companies that our members have attended. This unique resource provides valuable insights for investors in those companies, not available anywhere else.

You will find summaries of our AGM reports on this page. You can also search for reports on a specific company, using our “Research” feature. Only full members of ShareSoc can view the full details of our AGM reports and need to login to do so. If you wish to gain access, click here to become a full member, for less than 90p/week and gain full access to our library of hundreds of AGM reports, as well as other member benefits.

If you are already a full member and are still having any difficulty accessing our reports, please contact the ShareSoc Office.


Baronsmead VCT 3 (BMD) AGM 2015

The Annual General Meeting of Baronsmead VCT 3 took place at Saddler's Hall in the City of London on the 16th April. There were about 30 shareholders in attendance initially although more drifted in later, perhaps because the start time was a bit early for some at 10.15 am. This is of course one of the series of Baronsmead VCTs where I have raised concerns about corporate governance in the past ‐ more on that below. But they generally have performed very well, particularly in ...

Fundsmith Equity Fund Investors AGM Report 2015

Last night (3/3/2015) Fundsmith held its Annual Meeting for investors in London. It was a full house at the venue - about 300 people I would estimate. Terry Smith the fund manager did most of the talking and he is of course a good speaker. The format was very much like Warren Buffett's meetings for Berkshire Hathaway shareholders with questions having to be submitted in advance, and some clearly being rhetorical ones asked by the faithful as many investors will have ...

Driver Group (DRV) AGM 2015

Monitoring company AGMs, especially those outside London, can be worth the effort. This was certainly the case with the annual meeting of Driver Group, a global construction consultancy, in Manchester on February 25, which I attended, along with four other shareholders. Looked at from a distance Driver ticked many of the right boxes for a small cap growth stock. It is a leader in the relatively high margin niche market of construction dispute resolution (accounting for around 60% of its revenues) and ...

IDOX (IDOX) AGM Report 2015

The IDOX Plc Annual General Meeting was held today in London. Here is a brief report. Note that in the morning of the AGM the company issued a statement which said "IDOX is pleased to announce a good start to the year and that trading is in line with management expectations". Note that according to analysts the normalised e.p.s. is expected to rise substantially this year giving a future p/e of less than 13 according to Stockopedia. The morning's announcement otherwise announced ...

Scottish Oriental Smaller Companies Trust (SST) AGM Report 2015

Scottish Oriental Smaller Companies Trust (SST) is an investment trust that is focussed on China, South-East Asia and India - yes there is not much Scottish about it apart from the fact that it is registered in Edinburgh and managed by First State Investment Management who are headquartered there (but whose parent is actually the Commonwealth Bank of Australia). Normally they hold there AGMs in Edinburgh but this year it was in First State's offices in the City of London, on ...

Conygar (CIC) AGM Report 2015

Conygar AGM 04-02-15; their solicitors Wragge are now part of Lawrence Graham so this meant getting over to London Bridge (though the cakes were better than at the old Holborn venue). A good set of results; NAV up 13% at 197p, profit from development £12M, rents £10M + £14M revaluations. The commercial property market outside London has improved, and they have disposed of £26M of assets.There is £71m cash,and debt of £56m. At Haverford West planning has been obtained and a sale of ...

Cambria Automobiles (CAMB) AGM 2015 (Share price 52-56p)

I attended the AGM. There were c. 15 attendees, but possibly only 1-2 other shareholders Trading. I will not add to the very bullish statement. CAMB volumes are up 19.3% against the market 8.2 % ( new car sales) and we all know the background to 34 consecutive months of rising car sales. Q: How long can this continue ? A: if you look at the pattern of the last cycle, this could carry on another three years. A2: we are planning to ...

Paragon Entertainment (PEL) AGM Report 2014

http://paragonent.com/ Monday 15th December 2014 11.00AM Present‐ Peter Holdsworth Production Director Mark Taylor Chairman Mark Pyrah‐ Sales and Marketing Director Richard Arden Chief Finance Officer Martin Barratt Senior Non Executive Director Private Investors x4 including myself (Paul Bailey) Finncap representative Disclaimer‐ I am not qualified to give financial advice and nothing in this article, or any article written by me, should be taken as such. All views and interpretations are my own. I have attempted to remain impartial and report facts, however, and for the avoidance of doubt, I have long positions in PEL ...

British Empire Securities and General Trust (BTEM) AGM Report 2014

A recent blog post spelled out one of the issues at this investment trust. I shall repeat it here: "Last year ShareSoc published an extensive report on the Annual General Meeting of British Empire Securities and General Trust. This is a long established investment trust which in the long term has achieved good performance figures, but in recent years has not been doing so well. Indeed our report suggested shareholders were becoming restless bearing in mind the comments of some investors at ...

DotDigital (DOTD) AGM Report 2014

On the 16th December I attended the Annual General Meeting of DotDigital Group Plc (DOTD), one of those annoying companies whose proper name does not start with a capital letter. They can try to ignore the rules of English but I will not. The meeting was held in their new offices at One London Bridge, next to the River Thames and adjacent to London Bridge Station. It is in a prestige new office block and had clearly been also fitted out expensively. ...