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Nation Media Group FY 2015 down 9%
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madebe
#1 Posted : Tuesday, March 22, 2016 10:31:19 AM
Rank: Member

Joined: 10/7/2010
Posts: 251
Location: nairobi
@wazua,,,please update us on the FY 15 NMG results an d appropriate links. eg is the 10/- dividend final or it includes the 2.50 that was given during HY15
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Sam_Kibs
#2 Posted : Tuesday, March 22, 2016 10:41:34 AM
Rank: New-farer

Joined: 7/1/2015
Posts: 67
madebe wrote:
@wazua,,,please update us on the FY 15 NMG results an d appropriate links.

dividend of 10 bobsmile source-twirrer
“It’s no good, it’s no good!” says the buyer—
then goes off and boasts about the purchase-Proverbs 20:14
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muganda
#3 Posted : Tuesday, March 22, 2016 11:02:01 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Not a pretty picture these results:

(turnover | operating profit)
Daily Nation - down down
East African - down down
Business Daily - flat down
NTV - down down

Only thing up was Digital.
Dividend retained the same at 10/-
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whiteowl
#4 Posted : Tuesday, March 22, 2016 11:14:23 AM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
If you look at what's happening globally, print business is dead.Nation has quality management but that can't save you when you're in a dying industry. Same goes for standard group.
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mlennyma
#5 Posted : Tuesday, March 22, 2016 12:03:31 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
whiteowl wrote:
If you look at what's happening globally, print business is dead.Nation has quality management but that can't save you when you're in a dying industry. Same goes for standard group.

wazee wa kubeba magazeti wame retire na wengine wamekufa, carrying a newspaper is now outdated move not pride as it used to be.
"Don't let the fear of losing be greater than the excitement of winning."
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maka
#6 Posted : Tuesday, March 22, 2016 12:11:29 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
mlennyma wrote:
whiteowl wrote:
If you look at what's happening globally, print business is dead.Nation has quality management but that can't save you when you're in a dying industry. Same goes for standard group.

wazee wa kubeba magazeti wame retire na wengine wamekufa, carrying a newspaper is now outdated move not pride as it used to be.



They should change with the times....
possunt quia posse videntur
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tmatekwa
#7 Posted : Tuesday, March 22, 2016 12:49:04 PM
Rank: Member

Joined: 10/1/2007
Posts: 232
some people are boycotting Nation media products for political reasons....with social media and digital TV,and internet advertising, who needs Nation Media
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Othelo
#8 Posted : Tuesday, March 22, 2016 1:09:52 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
When i saw them open a new 'state of the art' printing press last week i was lost in their strategy. I think they are still stuck in the 90s!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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majimaji
#9 Posted : Tuesday, March 22, 2016 1:17:09 PM
Rank: Veteran

Joined: 4/4/2007
Posts: 1,162

somebody said they use news print as meat wrapping papersmile

In other news, I saw Eveready lighting bulbs in a supermarket, now innovation is the way to go.
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murchr
#10 Posted : Tuesday, March 22, 2016 2:21:46 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Nation has so much potential, but they lack ideas and zeal. First, the chairman needs to retire. He is still stuck in the past and although he sees the world changing, he has refused to let go. Printing of newspapers will no longer be profitable. Who wants to read yesterdays news. If the GOK was not buying newspapers they would be in deep trouble. Nation online is always lagging behind in news too.

Joe Muganda is the only CEO not on social MEDIA despite being in the media industry.....someone tell him this is 2016. Joe make the paper sexy, that is how to survive in 2016. Dont go gutter like Substandard but less news more advertising.

Its more sexy to read news from Ipads and Tablets...we of the dotcom no longer use jikos so where do we take all that trash that is yesterdays paper?
"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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