Waste of time, decisions are made by wazees wakina Kiboro and the ilk. Will continue sinking both revenue and profitability _ wise.

Temporary salary reduction extended to 31 December 2020.
Effective today 120 staff have been retrenched.

@sparky,are you still at NMG?im stuck at abp of 79.But working towards averaging down before exit.

The business has irrevocably changed.

My ABP is Kshs 51.6. Bado niko ndani

First you need to experience their e-newspaper before buying even one share in this company. Just go try the lousy product, how substandard and backwards it is. It feels like those jua kali apps we used to get in the early days of smartphones. I am forced to use it as am not risking getting the physical paper.

Secondly they never respond to customer feedback. There was an article in last week's Nation about how lousy its own e-paper is. Its like NMG is deaf and blind. These guys have never responded to even one query since 2013!! They simply don't care.



Then remember that the newspaper industry is trying hard to become digital as no-one is buying papers anymore. And this was pre-corona. Am sure circulation has disappeared to an all time low now as the risk of handling a newspaper physically is super high.

based on these two facts, NMG is dead in the water. No matter how much you average down etc, this company is sinking. GoK advertising cannot be the only revenue source, newspapers need eyeballs first!

Save your money.

Nation needs to fire any employee talking of papers. There are a million ways to make money in media. They seem to be stuck in the past

very sad, i bought this at 33 expecting a dividend yield of at least 10%, when results were out and no div i sold at 24.50 booked my losses and picked some other promising stock

Tulieni .... from Elliott Wave Analysis Of The NSE 20 _ 2nd June 2020 Post 3492

Stock is now at 13 bob. Jesus save us!