Blog posts

Rolls-Royce and Other AGMs

Yesterday I attended the Annual General Meeting of Rolls-Royce Plc - held at 11.00 in Nottingham (at a conference centre on the University Park). Why move the venue from London where it has been held since 2004? Probably to attract a more sympathetic audience of ex-employees I suspect. Shareholders in Rolls-Royce don't need to be told that this company is going through a rough patch. Profits in the last two years have been miniscule, the dividends have been cut and even revenue ...

AGM Reports

Amerisur (AMER) AGM 2016

Key points: The Jaguarete-1 well in Paraguay is currently being drilled. It is targeting a potential reservoir of 106mmBO, and if results are positive would transform the prospects of the company. First logs should be available in June. A well test would follow. The company is acquiring assets from distressed sellers who have already done much of the exploratory work. In its recent acquisitions it was not the highest bidder but won the auctions because it had the highest execution credibility. ...