AGI - A Few Thoughts, page-17

The bigger picture worry for me about your post @Titaniumman23 is that you have no clear view about AGI, what’s it’s strategies are and where it’s going and how it’s going to get there. This is not a reflection on you—instead it is about AGI’s complete lack of and unprofessional approach to investor relations! Most well run companies work very hard at telling the investment community about what they stand for, what their strategy is all about and why they are doing what they are doing. I’ll be completely honest, I’m firmly of the opinion that AGI, it’s board, executive and management have absolutely no idea or strategy about where is going and how it’s going to do that. The CEO’s recent AGM announcement about its key priorities (see one of my recent posts) is a complete joke and nothing more than stating the obvious aspiration of any gaming company and is completely devoid of any significant substance. In my humble opinion, have a look at ALL’s recent digital investor presentation (as just one example) and at least to me that provides some serious insight into ALL online goals and how it is going to do it—it is just not some high level waffle statement about some aspiration of growing online, which Is all we are hearing from AGI. Has anyone ever seen anything like ALL’s investor presentations from AGI? I bet the answer is a big fat NO. I stand to be corrected on this, but I did a bit of digging around the internet and couldn’t find anything to suggest AGI has an investor relations team so that coupled to the fact they probably don’t have a serious strategy it is not in the least bit surprising that you have no idea where AGI is headed as I don’t think they are capable of articulating this type of information to the market. I’m no expert, but given their business has been sliding south at a great rate since 2014 I would have thought they might have ramped up their investor relations activities to at least try and inject some confidence into the investment community and “sell” a half credible message to the market.