Quote:
Originally Posted by Unregistered
I think your exp is not the normal kind, if only more IR people are like you. I dealt with a lot of IR managers as a shareholder and most of them just read off standard answers from the FAQ script, you ask them a bit more they will taichi by saying will get back later. Very obvious they have no financial background at all. During 1 of the AGM I chat with the IR specialist and was quite surprise when she said she just recently transfered from HR event management side.
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Precisely, I think as an IR professional. It's quite embarassing to not know your financials. Especially when your company is big and you do a lot of deals.
You need to study every single details about the deal and predict all the questions your shareholders will ask in advance. Shareholders are typically not the problematic ones. The Equity Research Analysts are.
I think we are moving into a new phase. It's hard to find proficient IR Professionals but bigger companies are focusing their efforts on finding the best. So if you train yourself up to be well-versed in picking up the technicalities behind your companies' operations and financials, you will naturally be highly sought after.