sharetrader
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  1. #1
    Member
    Join Date
    Sep 2010
    Posts
    71

    Default The NZ Shareholders Association

    I have used The NZ Shareholders Association as a proxy to exercise my votes at any AGM for some time. I have found their collective voting power has always been more effective for influence than my individual ability.
    I'm curious if other members do the same.
    A quote attributed to Margaret Thatcher goes along the lines of
    "The problem with socialism is that eventually you run out of other people's money."

  2. #2
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,368

    Default

    Hadnt thought about it. I'm not a member so they may not take my proxy

  3. #3
    Member
    Join Date
    Sep 2010
    Posts
    71

    Default

    MM, I'm not a member either. On both Link and Computershare they are listed as an alternative proxy. That's how I've used them.
    Quote Originally Posted by minimoke View Post
    Hadnt thought about it. I'm not a member so they may not take my proxy
    A quote attributed to Margaret Thatcher goes along the lines of
    "The problem with socialism is that eventually you run out of other people's money."

  4. #4
    Alley Cat Brain's Avatar
    Join Date
    May 2013
    Posts
    385

    Default

    The NZSA is a very good organisation and gets better every year. I have been a member for many years. For us the minority shareholders ,the little guys it is our only voice. Well worth the subscription fee.

  5. #5
    Member
    Join Date
    Feb 2016
    Posts
    79

    Default

    Yup. They will take your proxy. I'm also a member and would recommend joining. It's the only way small holders ever get a say. Hang together or hang separately.

  6. #6
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    3,127

    Default

    Also a member. Have been for 2 years and impressed by low members fees and information they give you through newsletters and proxy intentions.

    Not going to give them my proxy though as I am active enough that I vote most of my shares and there are times when I do differ with their intentions. (not a lot but sometimes)

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