STUDIO RETAIL GROUP PLC (STU)

STUDIO RETAIL GROUP PLC (STU)

AGM Reports

Findel (STU) AGM Report 2012

Is Findel (FDL), one of the UK’s biggest home shopping groups with 1.2m customers, a busted flush, or a grossly misunderstood recovery stock? In a bid to find out, I attended FDL’s 2012 annual general meeting on July 26th at The Macdonald Manchester Hotel next to Manchester’s Piccadilly station. According to FDL’s annual report its board regards the AGM as the “principal forum for dialogue with private shareholders”, so it was a pity that there were no more than four shareholders present, ...