Timbin every shareholder should go to the AGM to here what the board has to say , ask questions , so as an individual shareholder you have a greater understanding of your situation and vote appropriately to send the right message to the board that they have to lift their game , communicate more frenquently to shareholders , put more skin in the game by buying more shares personal or through their respective entities , as all board members should be in the list of the top 20 CCU shares.
If you can't make it send in you Proxy vote .
I am voting NO to the renumeration and re-appointment of the board member up for election.
We need to let the board and the CEO know that as shareholders we are not happy with their performance . Ideally what I would like to see is that the current boards renumeration go to directly to buying more CCU shares on market , and that the new CEO have at least $100k of his package withheld until the share price gets up to at least 50c.
Of course this is something that they legally don't have to do , but if I was them and facing shareholders I would be embarrassed to put my hand out and ask for any money.
Good luck to all of you.
CCU Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held