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Nation Media Group, FY 2014 profit up 1%
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muganda
#1 Posted : Monday, March 23, 2015 2:48:08 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Alright, so Nation Media Group are announcing results. Selection of comments (I'll skip the griping about government tweets). These operational information is always so bright, but the bottom-line flat (Dividend 10/-)

Nation Newspapers revenue down 5% but operating profit down only 1% #NMGResults

Radio in Kenya revenues down 18%, profit down 57% due to @NationFMKe re-branding #NMGResults

@BD_Africa profits up 85% and revenues up 10% ~ @LGtwits #NMGResults

Television in Kenya had a great year. Advertising revenue up 23%, operating profit up 1,754% #NMGResults

#ChurchillShow is the biggest on TV in Kenya - @LGtwits #NMGResults
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muganda
#2 Posted : Monday, March 23, 2015 2:52:56 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
And a barb for you just in case you get ahead of yourself smile
SORRY...
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The optimist
#3 Posted : Monday, March 23, 2015 3:11:20 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
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Realcement
#4 Posted : Monday, March 23, 2015 3:37:38 PM
Rank: Member

Joined: 7/21/2014
Posts: 100
Location: Ghana

What is the dividend ?

Any bonus ?
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murchr
#5 Posted : Monday, March 23, 2015 5:22:33 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
muganda wrote:
And a barb for you just in case you get ahead of yourself smile
SORRY...


Hahaha!! A management overhaul is due. Very poor results
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Boris Boyka
#6 Posted : Monday, March 23, 2015 5:39:17 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
murchr wrote:
muganda wrote:
And a barb for you just in case you get ahead of yourself smile
SORRY...


Hahaha!! A management overhaul is due. Very poor results

Very poor indeed. With the digital saga 2015 will be bad for them..am waiting to see HY.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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watesh
#7 Posted : Monday, March 23, 2015 5:52:00 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
TV contributes just 5% of profits, Y U NO GROW PROFITS? If TV contributes that small amount then the digital migration bump shouldnt have been felt. This heavy reliance on daily nation sales is bad. The newer generation wont have the habit to buy a paper daily like the older generation. They need to find a new large source of revenue.
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Pesa Nane
#8 Posted : Monday, March 23, 2015 8:02:18 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
D&B Commentary:

Quote:

Our view

 Revenues from the newspaper division has continued to decline on falling circulation volumes. This presents a huge risk, considering circulation revenue accounts for c70 per cent of the total revenue.

 With the onset of digital migration, consumers have a wider offering of broadcast media increasing competition for nation media. Previously, broadcast division was a futuristic line of growth for the company, through new channels.

 Digital media remains a key line of growth for Nation Media, as increased access and usage of internet continues to drive traffic to its online sites.


#DeathofDinosaurs
Pesa Nane plans to be shilingi when he grows up.
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dunkang
#9 Posted : Tuesday, March 24, 2015 6:31:03 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
free newspapers, digital migration saga, etc, will Standard Group manage to live 5 more years really?!
Receive with simplicity everything that happens to you.” ― Rashi

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Pesa Nane
#10 Posted : Tuesday, March 24, 2015 9:58:08 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
dunkang wrote:
free newspapers, digital migration saga, etc, will Standard Group manage to live 5 more years really?!


Some news you can get on today's Standard Online Edition HOME page

Rey Mysterio receives death threats following his flying kick that killed a Mexican wrestler
Read more at: http://www.standardmedia.co.ke/

I want us to have sexual relations but my 57-year-old girlfriend says she’s not ready
Read more at: http://www.standardmedia.co.ke/

Socialite Vera Sidika flaunts her Sh1 million bed
Read more at: http://www.standardmedia.co.ke/

How Kenyan married men are babied by their over submissive wives
Read more at: http://www.standardmedia.co.ke/

Singer Jaguar mocks Ringtone's fasting for a Range Rover
Read more at: http://www.standardmedia.co.ke/

New sex craze that has Nairobi women begging for more
Read more at: http://www.standardmedia.co.ke/

Married news anchor aborts...again!
Read more at: http://www.standardmedia.co.ke/

Pesa Nane plans to be shilingi when he grows up.
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