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NMG FY 2018 and Beyond
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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https://www.businessdail...-loss-territory-3382636
So it seems the digital monetization efforts are bearing fruit.Standard media group made a loss while NMG made a small profit. So www.nation.africa is holding some promise after all.Lets wait and see HY 2021 results how it will be. Towards the goal of financial freedom
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Rank: Member Joined: 8/29/2008 Posts: 573
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Ebenyo wrote:https://www.businessdailyafrica.com/bd/corporate/companies/tv-digital-products-pull-nmg-from-loss-territory-3382636 So it seems the digital monetization efforts are bearing fruit.Standard media group made a loss while NMG made a small profit. So www.nation.africa is holding some promise after all.Lets wait and see HY 2021 results how it will be. NMG is dead. Sell your shares while you can. Or maybe NMG should become a technology company and newspapers be damned!!
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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Ebenyo wrote:https://www.businessdailyafrica.com/bd/corporate/companies/tv-digital-products-pull-nmg-from-loss-territory-3382636 So it seems the digital monetization efforts are bearing fruit.Standard media group made a loss while NMG made a small profit. So www.nation.africa is holding some promise after all.Lets wait and see HY 2021 results how it will be. NMG > Standard Group for years. 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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Ericsson wrote:Ebenyo wrote:Metch wrote:lochaz-index wrote:Sufficiently Philanga....thropic wrote:The capital erosion here is mind boggling. Never seen a stock nosedive at such an alarming rate. bids now at 8.50 Whoa! Are they still paying dividends? This share raced down past SGL and is now trading at almost a third of it. If the market is a discounting mechanism, then there is something horrendously wrong with this one. The collapse is eerily reminiscent of ARM. Hell of a beating. NMG is in a sharp bounce. Will it sustain? HY results loading Any good news or is it just speculation? HY loss before tax at Ksh.328mn Second half Profit before tax ksh.447mn FY2020 Profit before tax ksh.119mn Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/17/2009 Posts: 1,627
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Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed to shareholders at the next AGM.
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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cnn wrote:Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed to shareholders at the next AGM. 25bob 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: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Angelica _ann wrote:cnn wrote:Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed to shareholders at the next AGM. 25bob Imagine my ABP is 49.I worked it down from initial 110. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Ebenyo wrote:Angelica _ann wrote:cnn wrote:Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed to shareholders at the next AGM. 25bob Imagine my ABP is 49.I worked it down from initial 110. That one you will have to wait for a long time to recoup your money Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/17/2009 Posts: 1,627
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Angelica _ann wrote:cnn wrote:Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed to shareholders at the next AGM. 25bob And to think some time back it made me money from the ksh 240s price range.
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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cnn wrote:Angelica _ann wrote:cnn wrote:Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed to shareholders at the next AGM. 25bob And to think some time back it made me money from the ksh 240s price range. You made good money Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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