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NMG FY 2018 and Beyond
Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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obiero wrote:VituVingiSana wrote:Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. What was soo difficult in divesting from print and ramping up digital, television and radio.. Citizen with Viusasa and it's trailer load of local content on TV and radio, is not doing badly Do you have the financial statements of Citizen? It's similar to an airline we thought was successful based on its growth plans lakini we know how that ended up!  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. What was soo difficult in divesting from print and ramping up digital, television and radio.. Citizen with Viusasa and it's trailer load of local content on TV and radio, is not doing badly Do you have the financial statements of Citizen? It's similar to an airline we thought was successful based on its growth plans lakini we know how that ended up! Don't be petty. Everyone knows RMS isn't struggling
KQ ABP 4.26
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. What was soo difficult in divesting from print and ramping up digital, television and radio.. Citizen with Viusasa and it's trailer load of local content on TV and radio, is not doing badly Do you have the financial statements of Citizen? It's similar to an airline we thought was successful based on its growth plans lakini we know how that ended up! Don't be petty. Everyone knows RMS isn't struggling Unless we see the (audited and valid) financials, let's leave it at that. All that glitters is not gold. Plus there is that little matter of the land sold to Kenya Re. I want Kenya Re to win a settlement and someone pays up in cash. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. What was soo difficult in divesting from print and ramping up digital, television and radio.. Citizen with Viusasa and it's trailer load of local content on TV and radio, is not doing badly Do you have the financial statements of Citizen? It's similar to an airline we thought was successful based on its growth plans lakini we know how that ended up! Don't be petty. Everyone knows RMS isn't struggling Unless we see the (audited and valid) financials, let's leave it at that. All that glitters is not gold. Plus there is that little matter of the land sold to Kenya Re. I want Kenya Re to win a settlement and someone pays up in cash. @vvs You don't need to see the audited results. Signs such as salary cuts to employees,job restructuring/retrenchment haven't been heard from RMS. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/16/2014 Posts: 1,420 Location: Bohemian Grove
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Ericsson wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. What was soo difficult in divesting from print and ramping up digital, television and radio.. Citizen with Viusasa and it's trailer load of local content on TV and radio, is not doing badly Do you have the financial statements of Citizen? It's similar to an airline we thought was successful based on its growth plans lakini we know how that ended up! Don't be petty. Everyone knows RMS isn't struggling Unless we see the (audited and valid) financials, let's leave it at that. All that glitters is not gold. Plus there is that little matter of the land sold to Kenya Re. I want Kenya Re to win a settlement and someone pays up in cash. @vvs You don't need to see the audited results. Signs such as salary cuts to employees,job restructuring/retrenchment haven't been heard from RMS. This stock has been falling from 300, now it gets to 20 and they blame covid-19.They're even making a stock like KQ look good
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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whiteowl wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. What was soo difficult in divesting from print and ramping up digital, television and radio.. Citizen with Viusasa and it's trailer load of local content on TV and radio, is not doing badly Do you have the financial statements of Citizen? It's similar to an airline we thought was successful based on its growth plans lakini we know how that ended up! Don't be petty. Everyone knows RMS isn't struggling Unless we see the (audited and valid) financials, let's leave it at that. All that glitters is not gold. Plus there is that little matter of the land sold to Kenya Re. I want Kenya Re to win a settlement and someone pays up in cash. @vvs You don't need to see the audited results. Signs such as salary cuts to employees,job restructuring/retrenchment haven't been heard from RMS. This stock has been falling from 300, now it gets to 20 and they blame covid-19.They're even making a stock like KQ look good Not at all. ARM is the only one that has done worse than KQ! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/2/2018 Posts: 267
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Ericsson wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. What was soo difficult in divesting from print and ramping up digital, television and radio.. Citizen with Viusasa and it's trailer load of local content on TV and radio, is not doing badly Do you have the financial statements of Citizen? It's similar to an airline we thought was successful based on its growth plans lakini we know how that ended up! Don't be petty. Everyone knows RMS isn't struggling Unless we see the (audited and valid) financials, let's leave it at that. All that glitters is not gold. Plus there is that little matter of the land sold to Kenya Re. I want Kenya Re to win a settlement and someone pays up in cash. @vvs You don't need to see the audited results. Signs such as salary cuts to employees,job restructuring/retrenchment haven't been heard from RMS. @Ericsson You might have missed this sign on RMS: https://businesstoday.co...-media-cuts-workers-pay/
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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Superprime1 wrote:Ericsson wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:VituVingiSana wrote:Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:[quote=rwitre]  Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. What was soo difficult in divesting from print and ramping up digital, television and radio.. Citizen with Viusasa and it's trailer load of local content on TV and radio, is not doing badly Do you have the financial statements of Citizen? It's similar to an airline we thought was successful based on its growth plans lakini we know how that ended up! Don't be petty. Everyone knows RMS isn't struggling Unless we see the (audited and valid) financials, let's leave it at that. All that glitters is not gold. Plus there is that little matter of the land sold to Kenya Re. I want Kenya Re to win a settlement and someone pays up in cash. @vvs You don't need to see the audited results. Signs such as salary cuts to employees,job restructuring/retrenchment haven't been heard from RMS. @Ericsson You might have missed this sign on RMS: https://businesstoday.co...media-cuts-workers-pay/[/quote] New lows hit today. It appeasr sub 10 is on the way.  Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Serikali is busy with KQ, Mumias and Uchumi  Life is short. Live passionately.
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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sparkly wrote:Serikali is busy with KQ, Mumias and Uchumi They don't own any shares in NMG Towards the goal of financial freedom
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Ebenyo wrote:sparkly wrote:Serikali is busy with KQ, Mumias and Uchumi They don't own any shares in NMG This one will be squeezed until around 8 bob. Remember any new strategies and business expansion and reorganization will not bear fruits immediately. Then those wazees in the Board is a big hindrance for innovation within the current digital era for this 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: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Angelica _ann wrote:Ebenyo wrote:sparkly wrote:Serikali is busy with KQ, Mumias and Uchumi They don't own any shares in NMG This one will be squeezed until around 8 bob. Remember any new strategies and business expansion and reorganization will not bear fruits immediately. Then those wazees in the Board is a big hindrance for innovation within the current digital era for this company. The wazees aren't ceding control of the company any time soon Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 3/9/2019 Posts: 22 Location: Nakuru
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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was there a share split at NMG in the last 10 years that i missed? Receive with simplicity everything that happens to you.” ― Rashi
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