James Cook University at Sims Drive

James Cook University at Sims Drive

Friday, July 27, 2007

Public listed Companies' Annual General Meetings and Extraordinary General Meetings

Went to AGM/EGM meetings, got to know numerous Executive Chairman, CEO, Managing Director & Presidents of the organisations. When I went to AGM meeting I usually stay longer after the AGM ends, so that I can ask more questions about the health of the listed companies and learn one or two tricks about doing business.

Sometimes we got difficulties to understand what we read in the Annual Reports so we can find out from the CEO, which can give us more through views of the futures of the company.

We may able to give some suggestions or discuss some ideas with the senior managements to turn the companies around and able to  understand better about the future directions of the companies.

We can learn a lot about the businesses by speaking to the out senior staff, and learned which was not written on the annual reports. There usually some difference when we talk to the senior staff and the annual reports

Some will tell new and better shareholders are coming in or who are their new clients etc.

Of course going to outlying areas to find the office is not easy but it worth the effort.

Talking to the MD or CEO is different from what we read as some of the news we read maybe obsoleted, which might be prepared few months ago.

Monday, July 23, 2007

My investments skills

As a investor I felt that my skills get good returns because of my lack of qualifications, it is difficult for me to get a job as a fund manager especially in Singapore.

I had develop a way to beat the market and get very good returns.

Many of my friends had benefits from me from giving them free tips on investments. In USA there is more emphasis on skills and performances rather than qualifications.

I had sent my resumes to various companies and get no reply at all. I had asked on senior fund manager who used to interview people, he said minimum requirement is a degree.

Hopefully one of these days, I can overcome this hurdle and run an investments fund.

Sunday, July 22, 2007

AGM meetings

I had received some annual reports. Taken note of the coming AGM meeting the coming few days. I would like to go down for the AGM meeting to get a better feel of the company and talk to the CEO and ask a few questions.

By going down to the company we can find out lots of things from the company.

Some of them thought investing in stock is like gambling, of course there are some elements of risk involved in any form of investments.

To go down to AGM mtg is a step to find out more about the company progress. It's difficult to get direct answers because they can't disclose any confidential info. But many time by talking to the senior management through my observations,I can feels more of less the direction of the company.

And the indication the company is it getting better or not when you talk to the senior staff of the company.

There things we can't just read in the annual reports or through the news, we can find out when go down to the company.