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Nation Media Group FY 2015 down 9%
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Dividend.Final Div. Ksh. 7.50 Payable 29 July 2016 Register closes 10 June 2016 AGM: 24 June 2016, KICC Amphitheatre Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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Newspaper is slowly collapsing as the generations change. Currently the revenue per user from digital is so much lower than print due to lower smartphone penetration plus more competition. Even though the have the best news presentation online, i forsee constant decline in revenue unless online ad rates go up and get more viewers on tv.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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watesh wrote:Newspaper is slowly collapsing as the generations change. Currently the revenue per user from digital is so much lower than print due to lower smartphone penetration plus more competition. Even though the have the best news presentation online, i forsee constant decline in revenue unless online ad rates go up and get more viewers on tv. They can make much more money if they
1. Re-invent the company from a publishing house to a mass media and entertainment house.
2. Understand that the journalism industry in the industrial era was a distribution business but today's reality calls for a service which is able to manage the digital relationship with consumers.
3. Invest in technology.
4. Aim to capture younger audiences.
5. Create scale on the network. In today's BD online, they report on the Kenya Orchards saga then mention "Quote:What makes it even more difficult for ordinary investors to avoid the dangers of daily trading is the fact that it is difficult and expensive to get information on listed companies, forcing them to rely on market direction whose drivers they do not u
nderstand. Some of the listed companies do not have websites while their annual reports are shallowly distributed and contain scanty information. One wonders...why not take up the challenge? The print edition usually carries financial information of companies right?
6. Offer new products (Why dont we have a sports dominated channel? Who doesnt know Kenyans love sports?)"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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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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murchr wrote:watesh wrote:Newspaper is slowly collapsing as the generations change. Currently the revenue per user from digital is so much lower than print due to lower smartphone penetration plus more competition. Even though the have the best news presentation online, i forsee constant decline in revenue unless online ad rates go up and get more viewers on tv. They can make much more money if they
1. Re-invent the company from a publishing house to a mass media and entertainment house.
2. Understand that the journalism industry in the industrial era was a distribution business but today's reality calls for a service which is able to manage the digital relationship with consumers.
3. Invest in technology.
4. Aim to capture younger audiences.
5. Create scale on the network. In today's BD online, they report on the Kenya Orchards saga then mention "Quote:What makes it even more difficult for ordinary investors to avoid the dangers of daily trading is the fact that it is difficult and expensive to get information on listed companies, forcing them to rely on market direction whose drivers they do not u
nderstand. Some of the listed companies do not have websites while their annual reports are shallowly distributed and contain scanty information. One wonders...why not take up the challenge? The print edition usually carries financial information of companies right?
6. Offer new products (Why dont we have a sports dominated channel? Who doesnt know Kenyans love sports?) Good points @murchr esp on No. 5. NMG is helplessly waiting for extinction instead of learning from the likes of Reuters and Bloomberg. Reuters evolved from mail to telegraph, to news to financial data and are now in softwares and accounting Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,808 Location: NAIROBI
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Their quality of news is pathetic.If u watch the business news about kenya in bloomberg and the likes of Reuters you wonder what their researchers and reporters are doing. Their political leaning is also costing them Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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murchr wrote: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? Nation wrote:We forward herewith the 2015 year end financial results of the Condensed Consolidated Statement of Comprehensive Income, the Condensed Consolidated Statement of financial position and the Condensed Consolidate Statement of cash flow for the period ended 31st December, 2015 together with the accompanying narrative, which will be published in the group's publications tomorrow.  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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murchr wrote:Joe Muganda is the only CEO not on social MEDIA despite being in the media industry They say they have the "leading position in the digital space"  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Pesa Nane wrote:murchr wrote: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? Nation wrote:We forward herewith the 2015 year end financial results of the Condensed Consolidated Statement of Comprehensive Income, the Condensed Consolidated Statement of financial position and the Condensed Consolidate Statement of cash flow for the period ended 31st December, 2015 together with the accompanying narrative, which will be published in the group's publications tomorrow. This narrative should have read " Which can be found on our websites and will be published on our newspaper tomorrow. When will they embrace the digital world? "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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Rank: Veteran Joined: 8/16/2009 Posts: 994
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murchr wrote:Pesa Nane wrote:murchr wrote: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? Nation wrote:We forward herewith the 2015 year end financial results of the Condensed Consolidated Statement of Comprehensive Income, the Condensed Consolidated Statement of financial position and the Condensed Consolidate Statement of cash flow for the period ended 31st December, 2015 together with the accompanying narrative, which will be published in the group's publications tomorrow. This narrative should have read " Which can be found on our websites and will be published on our newspaper tomorrow. When will they embrace the digital world? The thinking is that you will wait for tomorrow and get a hard copy which will earn them revenue on sale of prints. What they forget is that we already accessed the digital copy thus no need to wait for tomorrow. They also forget about advertising revenue that can be made by directing more traffic to their websites. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Nation Media Group FY 2015 down 9%
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