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Nation Media Group HY 2011 results
muganda
#1 Posted : Tuesday, August 02, 2011 7:04:26 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Finally in showing 15% increase in Turnover and a 31% growth in EPS. Interim dividend of 1.50/=

Nation Digital showed highest growth in sales 779.0% with Business Daily showing highest growth in profit 881% in profit; and NTV Uganda leading station in that country.

http://www.nationmedia.com/docs...11_Investor_Briefing.pdf
Sober
#2 Posted : Tuesday, August 02, 2011 7:12:14 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
NMG pretax profit up by 25%
That‘s impressive
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Cde Monomotapa
#3 Posted : Tuesday, August 02, 2011 7:13:43 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
NTV no.1 in UG?? Laughing out loudly Laughing out loudly Kenyans...
Cde Monomotapa
#4 Posted : Tuesday, August 02, 2011 7:16:47 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Allow me draw a co-relation in that if NMG experienced such sterling growth in digital media, then Scan, the media agent, through Squad Digital must be doing well too!!
Cde Monomotapa
#5 Posted : Tuesday, August 02, 2011 8:25:25 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
the deal
#6 Posted : Tuesday, August 02, 2011 8:55:08 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Sober wrote:
NMG pretax profit up by 25%
That‘s impressive

Nothing impressive there...i'm not moved....
Sober
#7 Posted : Tuesday, August 02, 2011 9:35:21 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
The leap of the profit into the billion bracket is a great archievement and that is why i am impressed.
I now understand why they insisted on PBT and not post tax.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
young
#8 Posted : Tuesday, August 02, 2011 9:53:59 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,075
Location: Lagos, Nigeria
Sober wrote:
The leap of the profit into the billion bracket is a great archievement and that is why i am impressed.
I now understand why they insisted on PBT and not post tax.



Iam fully with you on this @sober.the performance of NMG over the years has been progressive.
Analysis of publiishing conglomorate like NMG is a different ball game from baking or other stocks.
25% PBT is impressesive. It is one of my long term stocks in NSE.
I only thought they should deviate from 1.50 bob interim to something like 1.75 or 2.00 bob.

I am sure they will even do better as we are approaching the election year.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
VituVingiSana
#9 Posted : Tuesday, August 02, 2011 10:04:27 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Election years are very profitable but the problem is the inflation after the elections since incumbents print cash like it's toilet paper.

In Kenya, the current inflation going INTO the election year is 15%... what will it be after the election?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Cde Monomotapa
#10 Posted : Tuesday, August 02, 2011 10:43:57 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
eps growth out-performing inflation should be good enough for investors.
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