Top Ten Attractions for Activist Shareholders

Here is a list of Top Ten corporate characteristics that are sure to attract Activist Shareholders to companies.Desire to fly under the radar is Number One because it typically leads to a lower valuation of common stock and a buying opportunity for Activist Shareholders.  It is also the most time consuming to change of the ten characteristics listed. The Heights is an experienced, responsive and intuitive investor relations consultancy with a proven process designed to build a comprehensive three-year IR Plan in three months. Our guaranteed approach removes the guesswork, makes an immediate impression within the financial community and allows you to focus on running your business and building value for your shareholders. More information about The Heights is available on www.theheights-planning.com.       Read more »

Shareholder Angst During M&A – Part 3

This is the last of a three-part series about maintaining shareholder confidence through the completion of acquisitions, divestitures and spin-offs. 1)    Common elements of the initial announcement (published November 23, 2014) 2)    Sample questions in preparation for Q&A (published December 16, 2014) 3)    Aligning shareholder mix with new investment characteristics (January 30, 2015) The first two parts focused on the mechanics of providing timely, comprehensive and accurate information to encourage sound investment decisions at the time of announcement.   This installment recognizes the possible shift in your shareholder mix as a result of the announcement and what companies can do to influence the change. A great deal of information about institutional investment styles and targeting investors already appears on this web site.  The information will not be repeated here, but a list of previously published material on both topics can be found at the end of this article. A shift in […] Read more »

Shareholder Angst During M&A – Part 2

Maintaining shareholder confidence during acquisitions, divestitures and spin-offs can be challenging.  Managing shareholder expectations for the ongoing business while managing expectations for the successful completion of the transaction is demanding. This is the second of a three-part series about maintaining shareholder confidence through the completion of transactions which accelerate changes in your company’s investment characteristics.   This installment is about answering questions following the initial announcement. 1)    Common elements of the initial announcement (published November 23, 2014) 2)    Sample questions in preparation for Q&A (published December 16, 2014) 3)    Aligning shareholder mix with new investment characteristics Q&A provides the greatest opportunity to get off point and distracted from key messages about the timing, financial specifics and long-term strategic significance of the transaction.  The same is true for any interaction from conference calls to face-to-face meetings with existing and prospective shareholders, particularly when questions appear to come from left field or focus […] Read more »

Shareholder Angst During M&A – Part 1

Maintaining shareholder confidence during acquisitions, divestitures and spinoffs can be challenging.  This may be easier to accomplish for industry consolidators with a track record for growing by acquisition compared with companies growing organically without acquisitions.  Regardless, managing shareholder expectations for the ongoing business while managing expectations for the successful completion of the transaction is demanding. The following is the first of a three-part series about maintaining shareholder confidence through the completion of any transaction which accelerates a change in your company’s investment characteristics. 1)    Common elements of the initial announcement (published November 23, 2014) 2)    Sample questions in preparation for Q&A 3)    Aligning shareholder mix with new investment characteristics The size of the transaction matters in relationship with the exiting business. This is due to the anticipated impact it will have on the company’s investment characteristics, and therefore, the amount of shareholder uncertainty and risk. It is a good idea […] Read more »

Systematically Achieving Remarkable Long-Term Results

Regardless of the size of the organization, investor relations involves the highest level of the corporation in a very public way.  It needs to be strategic, forward-looking, and measurable. The following two resources were developed to help. Applying Analytics to Investor Relations is available on the Resources Page of this web site.  The white paper was later developed into a more comprehensive webcast for Proformative, an international network of accounting, finance and treasury professionals. The webcast titled Analytics:  The MVP on Your IR Team is now part of  Proformative’s recently launched on-line course curriculum for CPE credit.  You will receive a ten percent discount by using the coupon code Proffer10 after clicking on the MVP icon below to access the course.  Please note, you will exit The Heights’ web site as soon as you click the icon. The course covers the basic framework I have used throughout my career to […] Read more »