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NMG HY 16 RESULT .....IS IT OUT ?
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Realcement
#1 Posted : Monday, August 29, 2016 10:14:22 AM
Rank: Member

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

Still waiting
It is long overdue.........
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Realcement
#2 Posted : Monday, August 29, 2016 3:22:33 PM
Rank: Member

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

Still waiting
It is long overdue.........
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wukan
#3 Posted : Tuesday, August 30, 2016 9:37:30 AM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
The only thing that has gone up is dividends everything else is down. Print down 9%

"We are told there's close to 6% growth, but on the ground the story may be different" NMG Chairman
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Realcement
#4 Posted : Tuesday, August 30, 2016 10:18:02 AM
Rank: Member

Joined: 7/21/2014
Posts: 100
Location: Ghana
Thanks a lot.
I expect in election Y17 they will make revenue from advertising costs by politicians.

Regards
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  | | Edit by user: Tuesday, August 30, 2016 12:23 PM | Reason: Not specified
2012
#5 Posted : Tuesday, August 30, 2016 12:15:25 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Realcement wrote:
Thanks a lot.
I expect in election Y17 they will make revnue from advertising costs by politicians.

Regards



I really doubt. Newspaper advertising is the least effective for of advertising for prospecting candidates. Times have changed. TV, vernacular radios and outdoor signs will be the biggest winners (read Royal Media and magnate ventures).

BBI will solve it :)
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Pesa Nane
#6 Posted : Tuesday, August 30, 2016 1:27:43 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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Pesa Nane
#7 Posted : Tuesday, August 30, 2016 1:30:07 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Interim Div. Ksh 2.50

Payable 30 September 2016
Closure 19 September 2016
Pesa Nane plans to be shilingi when he grows up.
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murchr
#8 Posted : Tuesday, August 30, 2016 2:44:58 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
They need to stop golfing and start innovating. Get rid of the chairman, recruit a new digital print boss and get rid of the TV head. In this new age, they can't afford to stay with people who have an archaic kind of thinking.
"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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Mike Ock
#9 Posted : Tuesday, August 30, 2016 3:08:01 PM
Rank: Member

Joined: 1/22/2015
Posts: 682
murchr wrote:
They need to stop golfing and start innovating. Get rid of the chairman, recruit a new digital print boss and get rid of the TV head. In this new age, they can't afford to stay with people who have an archaic kind of thinking.

Boss, NMG are doing nothing wrong, it's the industry that's in for tough times ahead. Digital is the future, but the fundamentals of digital publishing are pathetic.

1. On digital news there is no barrier to entry. Any idler can whip up a wordpress blog, get some traffic with controversial posts and compete with Nation for ad dollars, unlike print where the printing press is a huge barrier to entry.
2. Digital ad budgets are split up, with around 80% of most budgets going to search engines and social networks.
3. There is banner blindness and ad blocking online, which makes the digital publisher ads less effective.
4. Online, Nation is dependent on Google and Facebook for traffic
5. Clients are not coming on board with digital as fast as the readers are

Online news business ni mashida tupu for traditional media. Only small, cheap outfits, the likes of Daily Post and Ghafla are profitable. Even look abroad, guys like New York Times has been suffering the past 10 years. It's only now that the trend is catching up in Kenya. I would advise people to dump the media stocks for now. They will be donkeys for the next 3-5 years at least.
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2012
#10 Posted : Tuesday, August 30, 2016 4:06:40 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Mike Ock wrote:
murchr wrote:
They need to stop golfing and start innovating. Get rid of the chairman, recruit a new digital print boss and get rid of the TV head. In this new age, they can't afford to stay with people who have an archaic kind of thinking.

Boss, NMG are doing nothing wrong, it's the industry that's in for tough times ahead. Digital is the future, but the fundamentals of digital publishing are pathetic.

1. On digital news there is no barrier to entry. Any idler can whip up a wordpress blog, get some traffic with controversial posts and compete with Nation for ad dollars, unlike print where the printing press is a huge barrier to entry.
2. Digital ad budgets are split up, with around 80% of most budgets going to search engines and social networks.
3. There is banner blindness and ad blocking online, which makes the digital publisher ads less effective.
4. Online, Nation is dependent on Google and Facebook for traffic
5. Clients are not coming on board with digital as fast as the readers are

Online news business ni mashida tupu for traditional media. Only small, cheap outfits, the likes of Daily Post and Ghafla are profitable. Even look abroad, guys like New York Times has been suffering the past 10 years. It's only now that the trend is catching up in Kenya. I would advise people to dump the media stocks for now. They will be donkeys for the next 3-5 years at least.


And that is the truth.
I don't envy NMG at all.
Newsprint, their strongest division, is a dying industry.
TV is too confusing and too competitive after the digital migration, advertisers are confused and I can almost predict the closing or major downsizing of NTV like their radios in a few months. If their biggest gamble, Churchill acquired his own frequency, which is just a matter of time, NTV will be in a crisis.

BBI will solve it :)
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