Wazua
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Nation Media Group HY 2019 profit down 24%
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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sparkly wrote:Ebenyo wrote:sparkly wrote:obiero wrote:A sad case  A happy case for longterm investors. The company is still profitable with little debt and working at a turn-around plan. Their ability to create sufficient revenue from digital streams will be crucial in their long term recovery. Stock is now at 13 bob. Jesus save us! partly reflecting the upcoming 10:1 bonus issue Towards the goal of financial freedom
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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Ebenyo wrote:sparkly wrote:Ebenyo wrote:sparkly wrote:obiero wrote:A sad case A happy case for longterm investors. The company is still profitable with little debt and working at a turn-around plan. Their ability to create sufficient revenue from digital streams will be crucial in their long term recovery. Stock is now at 13 bob. Jesus save us! partly reflecting the upcoming 10:1 bonus issue 1:10
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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Queen wrote:Ebenyo wrote:sparkly wrote:Ebenyo wrote:sparkly wrote:obiero wrote:A sad case A happy case for longterm investors. The company is still profitable with little debt and working at a turn-around plan. Their ability to create sufficient revenue from digital streams will be crucial in their long term recovery. Stock is now at 13 bob. Jesus save us! partly reflecting the upcoming 10:1 bonus issue 1:10 The price of new low @12.75 is really scaring. Huge paper loss. I dont know if it will hit sub 10? When are the new shares being credited? 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: Elder Joined: 12/7/2012 Posts: 11,919
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cyruskulei wrote:Queen wrote:Ebenyo wrote:sparkly wrote:Ebenyo wrote:sparkly wrote:obiero wrote:A sad case A happy case for longterm investors. The company is still profitable with little debt and working at a turn-around plan. Their ability to create sufficient revenue from digital streams will be crucial in their long term recovery. Stock is now at 13 bob. Jesus save us! partly reflecting the upcoming 10:1 bonus issue 1:10 The price of new low @12.75 is really scaring. Huge paper loss. I dont know if it will hit sub 10? When are the new shares being credited? Paper loss or loss, headed to sub 10 bob by August 2020. 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: 6/23/2009 Posts: 13,720 Location: nairobi
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Angelica _ann wrote:cyruskulei wrote:Queen wrote:Ebenyo wrote:sparkly wrote:Ebenyo wrote:sparkly wrote:obiero wrote:A sad case A happy case for longterm investors. The company is still profitable with little debt and working at a turn-around plan. Their ability to create sufficient revenue from digital streams will be crucial in their long term recovery. Stock is now at 13 bob. Jesus save us! partly reflecting the upcoming 10:1 bonus issue 1:10 The price of new low @12.75 is really scaring. Huge paper loss. I dont know if it will hit sub 10? When are the new shares being credited? Paper loss or loss, headed to sub 10 bob by August 2020. Who is this saying that the bonus issue is represented in the price drop. Surely!
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20
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Rank: Elder Joined: 12/4/2009 Posts: 10,775 Location: NAIROBI
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https://mobile.twitter.c...812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Ericsson wrote:https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price Good move.As long as they buy in a good price that represent fair value of the company. Towards the goal of financial freedom
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Rank: Member Joined: 4/21/2015 Posts: 151
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Ebenyo wrote:Ericsson wrote:https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price Good move.As long as they buy in a good price that represent fair value of the company. There must be little hope in the financial results boosting the price. Whatever yields money is welcome.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ebenyo wrote:Ericsson wrote:https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price Good move.As long as they buy in a good price that represent fair value of the company. The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob. Life is short. Live passionately.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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sparkly wrote:Ebenyo wrote:Ericsson wrote:https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price Good move.As long as they buy in a good price that represent fair value of the company. The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob. Wueeeh hapa mulichomeka.  possunt quia posse videntur
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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maka wrote:sparkly wrote:Ebenyo wrote:Ericsson wrote:https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price Good move.As long as they buy in a good price that represent fair value of the company. The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob. Wueeeh hapa mulichomeka. Kuungua my fren. My capital loss is KShs 250k 😪😪😪 Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,775 Location: NAIROBI
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sparkly wrote:maka wrote:sparkly wrote:Ebenyo wrote:Ericsson wrote:https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price Good move.As long as they buy in a good price that represent fair value of the company. The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob. Wueeeh hapa mulichomeka. Kuungua my fren. My capital loss is KShs 250k 😪😪😪 https://pbs.twimg.com/me...at=jpg&name=900x900
Omba wanunue at ksh.60 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,194 Location: Nairobi
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+10% every day for the past 3 trading sessions. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 1/7/2010 Posts: 68 Location: kenya
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Ericsson wrote:https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price I would not agree with this fact that its a good idea to buyback. Stock buyback is a manipulative practice, whereby a company buys its own shares on the open market. A company can gain investor's confidence by growing earnings like creating better products, adding more services or conducting research and development — essentially, investing in the future. This way, investors will feel better placed to invest in the company. To me, a stock buyback is simply a way for a company to manipulate its share prices by creating artificial demand for its own stock. . After the manipulation happens, the stock might crash...
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:sparkly wrote:maka wrote:sparkly wrote:Ebenyo wrote:Ericsson wrote:https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price Good move.As long as they buy in a good price that represent fair value of the company. The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob. Wueeeh hapa mulichomeka. Kuungua my fren. My capital loss is KShs 250k 😪😪😪 https://pbs.twimg.com/me...at=jpg&name=900x900
Omba wanunue at ksh.60 Unlikely given the market price. Life is short. Live passionately.
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Rank: Elder Joined: 7/21/2010 Posts: 6,191 Location: nairobi
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After gamblers make the share recover, the buyout plan will be shelved "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,194 Location: Nairobi
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blackcobra wrote:Ericsson wrote:https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price I would not agree with this fact that its a good idea to buyback. Stock buyback is a manipulative practice, whereby a company buys its own shares on the open market. A company can gain investor's confidence by growing earnings like creating better products, adding more services or conducting research and development — essentially, investing in the future. This way, investors will feel better placed to invest in the company. To me, a stock buyback is simply a way for a company to manipulate its share prices by creating artificial demand for its own stock. . After the manipulation happens, the stock might crash... Let's tackle each point: 1) The company does not gain from price manipulation (though some shareholders may) and NMG's price was quite low when the buyback was announced. It has run up 60% so the motivation for a buyback from the COMPANY's end has reduced. 2) NMG has introduced new products eg paid subscription for Nation. I expect they will add Business Daily soon. Also the NBA deal. Perhaps they may even add some football if they can get the rights. 3) If you do not like it, sell the shares at the higher (+60%) price. 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: 10,775 Location: NAIROBI
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https://youtu.be/bc4Y8PDovmA
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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sparkly wrote:maka wrote:sparkly wrote:[quote=Ebenyo][quote=Ericsson]https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price Good move.As long as they buy in a good price that represent fair value of the company. The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob. My abp is 49 after working it down from my buying price of 110 Towards the goal of financial freedom
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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Ebenyo wrote:sparkly wrote:maka wrote:sparkly wrote:[quote=Ebenyo][quote=Ericsson]https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1
NMG wants to do a share buyback of 10% of its issued shares to boost the share price Good move.As long as they buy in a good price that represent fair value of the company. The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob. My abp is 49 after working it down from my buying price of 110 Investors have the strongest stomach muscles waah. From 110 to 10 and now upward till they say never mind buyback is shelved Start!
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Nation Media Group HY 2019 profit down 24%
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