2013 volume 23 issue 2

While combing through ownership lists before a management trip to Dublin, David Carey, Senior Vice President of Capital Markets at ARC Resources Ltd., happened upon the name of an Irish institutional investor he hadn't personally met. Carey phoned to say management would be coming to town, and he'd be delighted to set up a meeting. "The portfolio manager said, 'Thanks for the call, but we’re strictly a quantitative fund. Meeting with management just confuses the issue,'" laughs Carey. | Read Article |

Top 10 List of IR Marketing Mistakes

Investment Community Perspective

We have all made marketing mistakes. Hopefully we learn from our mistakes so the marketing trip goes better the next time. I have been on lots of marketing trips over the years, so perhaps I can help you learn from the mistakes I have seen (and made) while on the road. | Read Article |

Buying Time - Tools to Confound the Activists

Canadian IR Practitioner Perspective

In today’s market, there are more and more companies undergoing challenging situations that have the potential to seriously impact their future. For example, some petroleum companies’ future existence is being stressed by low and challenging prices and/or high debt levels. It has not been uncommon to see announcements over the past year or so that a company has set up a special Board committee to evaluate ‘strategic alternatives’ – a known phrase indicating that the company is in some form of trouble (possibly bankruptcy) and may soon be involved in a sales process. Sometimes strategic alternative discussions result from shareholder activism situations, a growing concern for public companies. | Read Article |

On March 14, 2013, the Canadian Securities Administrators ("CSA") published for comment a proposal relating to the regulation of security holder rights plans in all CSA jurisdictions as part of a broader review of defensive tactics issues (the "CSA Proposal"). On the same day, the Autorité des marchés financiers ("AMF") published An Alternative Approach to Securities Regulators’ Intervention in Defensive Tactics, a consultation paper proposing an alternative regime that regulates all defensive tactics (the "AMF Proposal"). | Read Article |

Now that I’ve worked in digital communications for a number of years, one thing I’ve realized is that websites exist primarily in two states – newly launched and in need of an update. I’ve also noticed that the time between those two extremes seems to grow shorter with each repetition of the cycle. | Read Article |

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