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Nation Media Group full year 2018
Angelica _ann
#11 Posted : Thursday, June 20, 2019 12:27:31 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
rwitre wrote:
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray


Pole sana, lack of innovation and adapting to the changing environment. No signs of improvement in the near future.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ebenyo
#12 Posted : Thursday, June 20, 2019 12:35:23 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
rwitre wrote:
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray




you are not alone.Hata Mimi hapa naumia mbaya.My current ABP is 101 against the current price of 46.Sijui @sparky ako aje hapa.
Towards the goal of financial freedom
lochaz-index
#13 Posted : Thursday, June 20, 2019 12:42:05 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
rwitre wrote:
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray

Brutal collapse on this one. From highs of 300 as a supposed 'blue chip' in 2014 it is on the verge of a 90% erosion of shareholders wealth.
The main purpose of the stock market is to make fools of as many people as possible.
obiero
#14 Posted : Thursday, June 20, 2019 12:45:50 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
lochaz-index wrote:
rwitre wrote:
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray

Brutal collapse on this one. From highs of 300 as a supposed 'blue chip' in 2014 it is on the verge of a 90% erosion of shareholders wealth.

Yasserbigchair warned on this one. Take heart boss..

KQ ABP 4.26
sparkly
#15 Posted : Thursday, June 20, 2019 12:50:39 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ebenyo wrote:
rwitre wrote:
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray




you are not alone.Hata Mimi hapa naumia mbaya.My current ABP is 101 against the current price of 46.Sijui @sparky ako aje hapa.


50% below water. My ABP is 92.
Life is short. Live passionately.
Ericsson
#16 Posted : Thursday, June 20, 2019 1:37:16 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
sparkly wrote:
Ebenyo wrote:
rwitre wrote:
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray




you are not alone.Hata Mimi hapa naumia mbaya.My current ABP is 101 against the current price of 46.Sijui @sparky ako aje hapa.


50% below water. My ABP is 92.

Blood in the streets
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Angelica _ann
#17 Posted : Thursday, June 20, 2019 1:50:21 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
sparkly wrote:
Ebenyo wrote:
rwitre wrote:
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray




you are not alone.Hata Mimi hapa naumia mbaya.My current ABP is 101 against the current price of 46.Sijui @sparky ako aje hapa.


50% below water. My ABP is 92.

Blood in the streets


I see it sliding to lower 30's. Watching from the sidelines. smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ebenyo
#18 Posted : Thursday, June 20, 2019 1:51:04 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
sparkly wrote:
Ebenyo wrote:
rwitre wrote:
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray




you are not alone.Hata Mimi hapa naumia mbaya.My current ABP is 101 against the current price of 46.Sijui @sparky ako aje hapa.


50% below water. My ABP is 92.



The only solution for us is to average down kabisa.
And nowadays NTV is on Facebook.The challenge is to turn digital exposure into revenues.
GAA paid them half the money and they have renewed business.Thats good as long as they will pay on time.
And how are the media companies worldwide coping with digital disruptions? e.g New York times,Washington post and others?
Towards the goal of financial freedom
Ericsson
#19 Posted : Thursday, June 20, 2019 1:53:41 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ebenyo wrote:
sparkly wrote:
Ebenyo wrote:
rwitre wrote:
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray




you are not alone.Hata Mimi hapa naumia mbaya.My current ABP is 101 against the current price of 46.Sijui @sparky ako aje hapa.


50% below water. My ABP is 92.



The only solution for us is to average down kabisa.
And nowadays NTV is on Facebook.The challenge is to turn digital exposure into revenues.
GAA paid them half the money and they have renewed business.Thats good as long as they will pay on time.
And how are the media companies worldwide coping with digital disruptions? e.g New York times,Washington post and others?


Problem of NMG is content.It's wanting.
Their cash cow is still Daily Newspaper.
Their prime time news is usually biased.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
xxxxx
#20 Posted : Thursday, June 20, 2019 1:58:25 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
sparkly wrote:
Ebenyo wrote:
rwitre wrote:
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray




you are not alone.Hata Mimi hapa naumia mbaya.My current ABP is 101 against the current price of 46.Sijui @sparky ako aje hapa.


50% below water. My ABP is 92.


Despite the fact that prima facie it sounds like an attractive opportunity to average down, I'd get out fast if I were you. Industry dynamics don't portend a recovery anytime soon. Being a long term investor, you are entitled to more peace of mind than is offered by this security. On NMG, right now, being greedy when everyone is fearful doesn't apply
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