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NMG FY 2017
Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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-Profit before tax drops by 20.5% from ksh.2.46bn to ksh.1.954bn -Profit after tax at ksh.1.35bn compared to ksh.1.634bn in 2016 -Dividend maintained at ksh.10 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 7/1/2014 Posts: 895 Location: sky
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"Digital contribution grew from 1.5% in 2015 to 4% in 2017" they are still very far. good dividend though There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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littledove wrote:"Digital contribution grew from 1.5% in 2015 to 4% in 2017"
they are still very far.
good dividend though These is the future of this company.If they can work hard at improving digital revenues,they will do well.Thats why i bought this stock-digital growth. Agakhan with 44% stake in NMG was to visit the country this week and talk with Uhuru.There are rumours that he will sell his stake. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Ebenyo wrote:littledove wrote:"Digital contribution grew from 1.5% in 2015 to 4% in 2017"
they are still very far.
good dividend though These is the future of this company.If they can work hard at improving digital revenues,they will do well.Thats why i bought this stock-digital growth. Ebenyo looks at the positive of all companies including monkey ones. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 11/13/2015 Posts: 1,568
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GoK owes them about 700 million from 2015. If GoK paid its bills the stimulus effect would be tremendous in the economy.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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Ericsson wrote:Ebenyo wrote:littledove wrote:"Digital contribution grew from 1.5% in 2015 to 4% in 2017"
they are still very far.
good dividend though These is the future of this company.If they can work hard at improving digital revenues,they will do well.Thats why i bought this stock-digital growth. Ebenyo looks at the positive of all companies including monkey ones. My aim is to achieve a well balanced and diversified portfolio.I try as much as possible to minimize my risk exposure.Im not in NSE to enrich others.I want to be rich myself. Towards the goal of financial freedom
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Rank: Veteran Joined: 8/10/2014 Posts: 954 Location: Kenya
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littledove wrote:"Digital contribution grew from 1.5% in 2015 to 4% in 2017"
they are still very far.
good dividend though That digital revenue will grow at a slow rate since their online content is pretty much free and ad rates are muuuuuch lower than on the newspaper. They should try to cut out the adsense middleman and work on an easy to use platform for anyone to place an order to advertise so that locals dont just go to Facebook or Instagram to promote their product. If done right, they can tremendously grow their digital contribution instead of giving out 30% of the potential revenue to Google plus make Nation website a go to place to advertise things.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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watesh wrote:littledove wrote:"Digital contribution grew from 1.5% in 2015 to 4% in 2017"
they are still very far.
good dividend though That digital revenue will grow at a slow rate since their online content is pretty much free and ad rates are muuuuuch lower than on the newspaper. They should try to cut out the adsense middleman and work on an easy to use platform for anyone to place an order to advertise so that locals dont just go to Facebook or Instagram to promote their product. If done right, they can tremendously grow their digital contribution instead of giving out 30% of the potential revenue to Google plus make Nation website a go to place to advertise things. If the rumours of Agakhan selling his stake to Uhuru family is true,then NMG will grow.Management will definately change and productivity will be high. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Ebenyo wrote:watesh wrote:littledove wrote:"Digital contribution grew from 1.5% in 2015 to 4% in 2017"
they are still very far.
good dividend though That digital revenue will grow at a slow rate since their online content is pretty much free and ad rates are muuuuuch lower than on the newspaper. They should try to cut out the adsense middleman and work on an easy to use platform for anyone to place an order to advertise so that locals dont just go to Facebook or Instagram to promote their product. If done right, they can tremendously grow their digital contribution instead of giving out 30% of the potential revenue to Google plus make Nation website a go to place to advertise things. If the rumours of Agakhan selling his stake to Uhuru family is true,then NMG will grow.Management will definately change and productivity will be high. They were stated not to be true by the chairman Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Ebenyo wrote:Ericsson wrote:Ebenyo wrote:littledove wrote:"Digital contribution grew from 1.5% in 2015 to 4% in 2017"
they are still very far.
good dividend though These is the future of this company.If they can work hard at improving digital revenues,they will do well.Thats why i bought this stock-digital growth. Ebenyo looks at the positive of all companies including monkey ones. My aim is to achieve a well balanced and diversified portfolio.I try as much as possible to minimize my risk exposure.Im not in NSE to enrich others.I want to be rich myself. I like your optimism  Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 11/17/2009 Posts: 2,038 Location: GA
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watesh wrote:littledove wrote:"Digital contribution grew from 1.5% in 2015 to 4% in 2017"
they are still very far.
good dividend though That digital revenue will grow at a slow rate since their online content is pretty much free and ad rates are muuuuuch lower than on the newspaper. They should try to cut out the adsense middleman and work on an easy to use platform for anyone to place an order to advertise so that locals dont just go to Facebook or Instagram to promote their product. If done right, they can tremendously grow their digital contribution instead of giving out 30% of the potential revenue to Google plus make Nation website a go to place to advertise things. They should focus more on stand alone digital products the way royal media is doing with viusasa and shabiki.com .When it comes to online advertising social media will eventually triumph but NMG has been singing digital for ages now but seem clueless how to go about it.
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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Its now clear that Elections do not bring money. It is also clear that the current business model is not sustainable in the long run. My take - revamp the whole media platform, create more better content on print media and digital platforms. Bring back the classified online. Nsoko "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: 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: 12/4/2009 Posts: 10,639 Location: NAIROBI
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New and fresh ideas are needed at the ceo and senior management level Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:New and fresh ideas are needed at the ceo and senior management level Could this be a sign that Agha Khan wants to sell stake to NYT? Life is short. Live passionately.
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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Good move. If Kiboro leaves it will even be better. "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: 5/25/2012 Posts: 4,105 Location: 08c
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Ericsson wrote: New and fresh ideas are needed at the ceo and senior management level murchr wrote: Good move. If Kiboro leaves it will even be better. Quote:NMG Special Business:
1. Dr. W. Kiboro "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
2. Prof. L. Huebner "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
3. Mr. A. Poonawala "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..." Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 12/7/2012 Posts: 11,901
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Pesa Nane wrote:Ericsson wrote: New and fresh ideas are needed at the ceo and senior management level murchr wrote: Good move. If Kiboro leaves it will even be better. Quote:NMG Special Business:
1. Dr. W. Kiboro "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
2. Prof. L. Huebner "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
3. Mr. A. Poonawala "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 1/22/2015 Posts: 682
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murchr wrote:Its now clear that Elections do not bring money.
It is also clear that the current business model is not sustainable in the long run.
My take - revamp the whole media platform, create more better content on print media and digital platforms.
Bring back the classified online. Nsoko
Elections bring a lot of money mostly in the form of brown envelopes to the journalists to do hit pieces and social media posts hitting out against competitors. This money doesn't reach the NMG accounts. madollar wrote:
They should focus more on stand alone digital products the way royal media is doing with viusasa and shabiki.com .When it comes to online advertising social media will eventually triumph but NMG has been singing digital for ages now but seem clueless how to go about it.
Yup this is the right approach, but if I may add, they need to focus on different digital categories. So far they have very many news websites that actually do very well, but news websites online don't make much money, especially for a big company like NMG. They need to get into other businesses lines like premium video, social media etc, which are media businesses, but not exactly news, and they have more money making potential than online news. They also need a more global approach to their online businesses. Trying to make serious money online while only focusing on Kenya is a tall order
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Rank: Veteran Joined: 4/4/2016 Posts: 1,996 Location: Kitale
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Angelica _ann wrote:Pesa Nane wrote:Ericsson wrote: New and fresh ideas are needed at the ceo and senior management level murchr wrote: Good move. If Kiboro leaves it will even be better. Quote:NMG Special Business:
1. Dr. W. Kiboro "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
2. Prof. L. Huebner "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..."
3. Mr. A. Poonawala "who is over the age of 70 years, shall notwithstanding that fact, be re-elected as a director of the Company..." Next year i will exit nmg.i will use the capital for national oil ipo. Towards the goal of financial freedom
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