Attending AGMs helps separate the wheat from the chaff. I recently attended two AGMs, and the difference between the two was striking. AGM 1 started with a presentation by the CEO, who reviewed the company’s performance over the past year and gave us an outlook for the year ahead. After that, there was a Q&A session which lasted for an hour. I went away feeling much more informed about the company. AGM 2, on the other hand, was held hastily. No presentation was given and answers to the Q&A session were brief and the entire AGM was concluded within half an hour. Considering it was the 1st physical AGM held in so many years, you would expect management to put in slightly more effort into engaging with shareholders. These two AGMs showed me the difference between companies that are committed to shareholder engagement and those that aren’t.