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Standard Group FY2010 results Dissapoint.
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Renegade
#11 Posted : Monday, July 18, 2011 2:41:14 PM
Rank: Member

Joined: 4/18/2009
Posts: 118
youcan'tstopusnow wrote:
mwanahisa wrote:
Listening to Cynthia Nyamai on KTN Financial Live. When it came to mentioning the shares that have dropped most so far today, she adroitly avoided mentioning Standard Group which has today shed 9.52%. Has Melly given an edict that SGL should never be mentioned in poor light even when it is true?


Either Cynthia does that or she loses her job. Hehe


No prizes for guessing what you would choose if you were Cynthia.
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Renegade
#12 Posted : Monday, July 18, 2011 2:43:46 PM
Rank: Member

Joined: 4/18/2009
Posts: 118
the deal wrote:
Laughing out loudly Laughing out loudly Laughing out loudly Everyone you see in Nairobi carrying a NEWSPAPER...its Nation...even though they say those who carry newspapers around don't buy toilet paper i'm sure life is hard being SGL..to advertise on KTN PRIME only costs Sh79K yet citizen its Sh143Ksmile


Of course The Nation is better value even as tissue paper. There is a lot more of it for the same price.
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selah
#13 Posted : Monday, July 18, 2011 2:47:41 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
This is a poor performance given that they had increased their prices.

Anyway I think where they are going wrong is over reliance on mainstream media to generate revenue if you look at royal media and nation media these guys are raking millions from digital platforms.

Take royal media for instance it has at least a lotto/lottery in each of its product segment where you text through a premium number.

nation media has been very strong in pushing its digital edition which requires little investment when compared to newsprint.I am sure this digital segment is generating some sizable revenue to its bottom line.

KTN or otherwise the standard group is a confused brand it doesnt know its audience/target market if I was the MD I would get first a niche for the paper which currently I dont know who it targets anymore.

'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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FUNKY
#14 Posted : Monday, July 18, 2011 2:49:15 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
@ mwanahisa - According to rich live it shows Standard Group has gained 50 cts..it is 32/- currenty. I am wondering which website can you see the price down by 9.52%.
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mwanahisa
#15 Posted : Monday, July 18, 2011 3:10:18 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
FUNKY wrote:
@ mwanahisa - According to rich live it shows Standard Group has gained 50 cts..it is 32/- currenty. I am wondering which website can you see the price down by 9.52%.

At the point of my posting, Standard Group had traded at a low of 28.50. 3,600 shares traded at 32, after I posted. Perhaps the Chief of Strategy was alerted and made a strategic move.
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selah
#16 Posted : Monday, July 18, 2011 3:13:25 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
mwanahisa wrote:
FUNKY wrote:
@ mwanahisa - According to rich live it shows Standard Group has gained 50 cts..it is 32/- currenty. I am wondering which website can you see the price down by 9.52%.

At the point of my posting, Standard Group had traded at a low of 28.50. 3,600 shares traded at 32, after I posted. Perhaps the Chief of Strategy was alerted and made a strategic move.


Apparently in a matter of a few minutes.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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dunkang
#17 Posted : Monday, July 18, 2011 3:37:06 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Standard Group stocks and media content sucks!

Roundie hii Nation ndio inatawala!
Receive with simplicity everything that happens to you.” ― Rashi

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youcan'tstopusnow
#18 Posted : Monday, July 18, 2011 7:32:43 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Renegade wrote:
the deal wrote:
Laughing out loudly Laughing out loudly Laughing out loudly Everyone you see in Nairobi carrying a NEWSPAPER...its Nation...even though they say those who carry newspapers around don't buy toilet paper i'm sure life is hard being SGL..to advertise on KTN PRIME only costs Sh79K yet citizen its Sh143Ksmile


Of course The Nation is better value even as tissue paper. There is a lot more of it for the same price.

Laughing out loudly Laughing out loudly Laughing out loudly
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#19 Posted : Monday, July 18, 2011 7:35:10 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Renegade wrote:
youcan'tstopusnow wrote:
mwanahisa wrote:
Listening to Cynthia Nyamai on KTN Financial Live. When it came to mentioning the shares that have dropped most so far today, she adroitly avoided mentioning Standard Group which has today shed 9.52%. Has Melly given an edict that SGL should never be mentioned in poor light even when it is true?


Either Cynthia does that or she loses her job. Hehe


No prizes for guessing what you would choose if you were Cynthia.


No prizes indeed!
GOD BLESS YOUR LIFE
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