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Nation Media Group HY 2019 profit down 24%
Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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sparkly wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:chiaroscuro wrote:NMG revenue and profit have been on a downward trajectory since 2013.
2013; R=13.4bn; PBT=3.6bn
2014; R=13.3bn; PBT=3.6bn
2015; R=12.3bn; PBT=2.2bn
2016; R=11.3bn; PBT=1.7bn
2017; R=10.6bn; PBT=1.3bn
2018; R=9.7bn; PBT=1.1bn
Now they report a 24% drop in HY PBT
What do you think will happen by end of year?
The trend is very clear.
Time for those who are in to implement exit strategies - you do have exit strategies, don't you? And you can imagine that this comes after massive lay offs.. Less staff and increased losses.. Surely surely. The two men have messed us all up First family is in direct competition with NMG. NMG has shown great resilience not to have gone under by now. NMG needs to adapt fast and grow revenue before they turn into another failed company: 1. Reinvigorate old revenue lines a) Nation Courier - use assets to distribute more parcels as print paper distribution decreases; b) Nation Business Directory - Should have gone online by now. c) n-soko - Whatever happened to this? 2. Invest in new business lines: a) Digital news distribution channels; b) Events and promotions; C) Niche market radio and TV stations; d) Financial data services like Reuters. Which other firm, except banks, has survived vs a First Family business? Even banks have been bashed seriously by rate cap. Except the bank/s that were lending via M-Pesa and M-Shwari! Which ones were heavily into that business? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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murchr wrote:watesh wrote:sparkly wrote:Kusadikika wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:chiaroscuro wrote:NMG revenue and profit have been on a downward trajectory since 2013.
2013; R=13.4bn; PBT=3.6bn
2014; R=13.3bn; PBT=3.6bn
2015; R=12.3bn; PBT=2.2bn
2016; R=11.3bn; PBT=1.7bn
2017; R=10.6bn; PBT=1.3bn
2018; R=9.7bn; PBT=1.1bn
Now they report a 24% drop in HY PBT
What do you think will happen by end of year?
The trend is very clear.
Time for those who are in to implement exit strategies - you do have exit strategies, don't you? And you can imagine that this comes after massive lay offs.. Less staff and increased losses.. Surely surely. The two men have messed us all up First family is in direct competition with NMG. NMG has shown great resilience not to have gone under by now. NMG needs to adapt fast and grow revenue before they turn into another failed company: 1. Reinvigorate old revenue lines a) Nation Courier - use assets to distribute more parcels as print paper distribution decreases; b) Nation Business Directory - Should have gone online by now. c) n-soko - Whatever happened to this? 2. Invest in new business lines: a) Digital news distribution channels; b) Events and promotions; C) Niche market radio and TV stations; d) Financial data services like Reuters. Which other firm, except banks, has survived vs a First Family business? The one I would have been ready to take up arms against was the ban on milk hawking. Ati you have your own cow but cannot sell milk to whoever you want like humans have been doing since cows were domesticated. I am glad they backed down but just shows you their greedy intentions. On the issue of milk, Daima Factory was shut down by NEMA for discharging effluent into Nairobi River. Taking down the competition Didn't brookside buy Sameer dairy? They bought Sameer Dairy Uganda operations. Seems they have set their eyes on Sameer Dairy Kenya operations. State capture with impunity. Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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sparkly wrote:murchr wrote:watesh wrote:sparkly wrote:Kusadikika wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:chiaroscuro wrote:NMG revenue and profit have been on a downward trajectory since 2013.
2013; R=13.4bn; PBT=3.6bn
2014; R=13.3bn; PBT=3.6bn
2015; R=12.3bn; PBT=2.2bn
2016; R=11.3bn; PBT=1.7bn
2017; R=10.6bn; PBT=1.3bn
2018; R=9.7bn; PBT=1.1bn
Now they report a 24% drop in HY PBT
What do you think will happen by end of year?
The trend is very clear.
Time for those who are in to implement exit strategies - you do have exit strategies, don't you? And you can imagine that this comes after massive lay offs.. Less staff and increased losses.. Surely surely. The two men have messed us all up First family is in direct competition with NMG. NMG has shown great resilience not to have gone under by now. NMG needs to adapt fast and grow revenue before they turn into another failed company: 1. Reinvigorate old revenue lines a) Nation Courier - use assets to distribute more parcels as print paper distribution decreases; b) Nation Business Directory - Should have gone online by now. c) n-soko - Whatever happened to this? 2. Invest in new business lines: a) Digital news distribution channels; b) Events and promotions; C) Niche market radio and TV stations; d) Financial data services like Reuters. Which other firm, except banks, has survived vs a First Family business? The one I would have been ready to take up arms against was the ban on milk hawking. Ati you have your own cow but cannot sell milk to whoever you want like humans have been doing since cows were domesticated. I am glad they backed down but just shows you their greedy intentions. On the issue of milk, Daima Factory was shut down by NEMA for discharging effluent into Nairobi River. Taking down the competition Didn't brookside buy Sameer dairy? They bought Sameer Dairy Uganda operations. Seems they have set their eyes on Sameer Dairy Kenya operations. State capture with impunity. Kenyatta family and Merali are friends/buddies. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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sparkly wrote:obiero wrote:chiaroscuro wrote:NMG revenue and profit have been on a downward trajectory since 2013.
2013; R=13.4bn; PBT=3.6bn
2014; R=13.3bn; PBT=3.6bn
2015; R=12.3bn; PBT=2.2bn
2016; R=11.3bn; PBT=1.7bn
2017; R=10.6bn; PBT=1.3bn
2018; R=9.7bn; PBT=1.1bn
Now they report a 24% drop in HY PBT
What do you think will happen by end of year?
The trend is very clear.
Time for those who are in to implement exit strategies - you do have exit strategies, don't you? And you can imagine that this comes after massive lay offs.. Less staff and increased losses.. Surely surely. The two men have messed us all up First family is in direct competition with NMG. NMG has shown great resilience not to have gone under by now. NMG needs to adapt fast and grow revenue before they turn into another failed company: 1. Reinvigorate old revenue lines a) Nation Courier - use assets to distribute more parcels as print paper distribution decreases; b) Nation Business Directory - Should have gone online by now. c) n-soko - Whatever happened to this? 2. Invest in new business lines: a) Digital news distribution channels; b) Events and promotions; C) Niche market radio and TV stations; d) Financial data services like Reuters. Who is the majority shareholder in NMG? Think about that first.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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chiaroscuro wrote:sparkly wrote:obiero wrote:chiaroscuro wrote:NMG revenue and profit have been on a downward trajectory since 2013.
2013; R=13.4bn; PBT=3.6bn
2014; R=13.3bn; PBT=3.6bn
2015; R=12.3bn; PBT=2.2bn
2016; R=11.3bn; PBT=1.7bn
2017; R=10.6bn; PBT=1.3bn
2018; R=9.7bn; PBT=1.1bn
Now they report a 24% drop in HY PBT
What do you think will happen by end of year?
The trend is very clear.
Time for those who are in to implement exit strategies - you do have exit strategies, don't you? And you can imagine that this comes after massive lay offs.. Less staff and increased losses.. Surely surely. The two men have messed us all up First family is in direct competition with NMG. NMG has shown great resilience not to have gone under by now. NMG needs to adapt fast and grow revenue before they turn into another failed company: 1. Reinvigorate old revenue lines a) Nation Courier - use assets to distribute more parcels as print paper distribution decreases; b) Nation Business Directory - Should have gone online by now. c) n-soko - Whatever happened to this? 2. Invest in new business lines: a) Digital news distribution channels; b) Events and promotions; C) Niche market radio and TV stations; d) Financial data services like Reuters. Who is the majority shareholder in NMG? Think about that first. Agakhan is the majority shareholder. Towards the goal of financial freedom
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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Ericsson wrote:sparkly wrote:murchr wrote:watesh wrote:sparkly wrote:Kusadikika wrote:VituVingiSana wrote:sparkly wrote:obiero wrote:chiaroscuro wrote:NMG revenue and profit have been on a downward trajectory since 2013.
2013; R=13.4bn; PBT=3.6bn
2014; R=13.3bn; PBT=3.6bn
2015; R=12.3bn; PBT=2.2bn
2016; R=11.3bn; PBT=1.7bn
2017; R=10.6bn; PBT=1.3bn
2018; R=9.7bn; PBT=1.1bn
Now they report a 24% drop in HY PBT
What do you think will happen by end of year?
The trend is very clear.
Time for those who are in to implement exit strategies - you do have exit strategies, don't you? And you can imagine that this comes after massive lay offs.. Less staff and increased losses.. Surely surely. The two men have messed us all up First family is in direct competition with NMG. NMG has shown great resilience not to have gone under by now. NMG needs to adapt fast and grow revenue before they turn into another failed company: 1. Reinvigorate old revenue lines a) Nation Courier - use assets to distribute more parcels as print paper distribution decreases; b) Nation Business Directory - Should have gone online by now. c) n-soko - Whatever happened to this? 2. Invest in new business lines: a) Digital news distribution channels; b) Events and promotions; C) Niche market radio and TV stations; d) Financial data services like Reuters. Which other firm, except banks, has survived vs a First Family business? The one I would have been ready to take up arms against was the ban on milk hawking. Ati you have your own cow but cannot sell milk to whoever you want like humans have been doing since cows were domesticated. I am glad they backed down but just shows you their greedy intentions. On the issue of milk, Daima Factory was shut down by NEMA for discharging effluent into Nairobi River. Taking down the competition Didn't brookside buy Sameer dairy? They bought Sameer Dairy Uganda operations. Seems they have set their eyes on Sameer Dairy Kenya operations. State capture with impunity. Kenyatta family and Merali are friends/buddies. People fall out over money. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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Ebenyo wrote:chiaroscuro wrote:sparkly wrote:obiero wrote:chiaroscuro wrote:NMG revenue and profit have been on a downward trajectory since 2013.
2013; R=13.4bn; PBT=3.6bn
2014; R=13.3bn; PBT=3.6bn
2015; R=12.3bn; PBT=2.2bn
2016; R=11.3bn; PBT=1.7bn
2017; R=10.6bn; PBT=1.3bn
2018; R=9.7bn; PBT=1.1bn
Now they report a 24% drop in HY PBT
What do you think will happen by end of year?
The trend is very clear.
Time for those who are in to implement exit strategies - you do have exit strategies, don't you? And you can imagine that this comes after massive lay offs.. Less staff and increased losses.. Surely surely. The two men have messed us all up First family is in direct competition with NMG. NMG has shown great resilience not to have gone under by now. NMG needs to adapt fast and grow revenue before they turn into another failed company: 1. Reinvigorate old revenue lines a) Nation Courier - use assets to distribute more parcels as print paper distribution decreases; b) Nation Business Directory - Should have gone online by now. c) n-soko - Whatever happened to this? 2. Invest in new business lines: a) Digital news distribution channels; b) Events and promotions; C) Niche market radio and TV stations; d) Financial data services like Reuters. Who is the majority shareholder in NMG? Think about that first. Agakhan is the majority shareholder. True. Now think about that and the battle with the Kenyatta's Mediamax.... What else does Aga Khan own in Kenya - other than the usual suspects [Jubilee Ins, BTB, IPB] there are many other crucial investments.... Now let's think about that and try to guess if the Kenyatta's would be wise to pick a fight with NMG I don't think NMG's challenges are from the competition. The entire media industry is undergoing a major shift globally. Revenue streams are steadily declining and so are profits. Only the smart ones will survive this shift. Do not assume that Mediamax is doing well. Ask yourself why they felt the need to make People Daily a free sheet.... They weren't selling much. Standard Group is performing much worse. Earlier this year they almost shut down the paper due to losses. [KTN is their cash cow]. The question really is whether any traditional media house will survive the next 10 years.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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chiaroscuro wrote:Ebenyo wrote:chiaroscuro wrote:sparkly wrote:obiero wrote:chiaroscuro wrote:NMG revenue and profit have been on a downward trajectory since 2013.
2013; R=13.4bn; PBT=3.6bn
2014; R=13.3bn; PBT=3.6bn
2015; R=12.3bn; PBT=2.2bn
2016; R=11.3bn; PBT=1.7bn
2017; R=10.6bn; PBT=1.3bn
2018; R=9.7bn; PBT=1.1bn
Now they report a 24% drop in HY PBT
What do you think will happen by end of year?
The trend is very clear.
Time for those who are in to implement exit strategies - you do have exit strategies, don't you? And you can imagine that this comes after massive lay offs.. Less staff and increased losses.. Surely surely. The two men have messed us all up First family is in direct competition with NMG. NMG has shown great resilience not to have gone under by now. NMG needs to adapt fast and grow revenue before they turn into another failed company: 1. Reinvigorate old revenue lines a) Nation Courier - use assets to distribute more parcels as print paper distribution decreases; b) Nation Business Directory - Should have gone online by now. c) n-soko - Whatever happened to this? 2. Invest in new business lines: a) Digital news distribution channels; b) Events and promotions; C) Niche market radio and TV stations; d) Financial data services like Reuters. Who is the majority shareholder in NMG? Think about that first. Agakhan is the majority shareholder. True. Now think about that and the battle with the Kenyatta's Mediamax.... What else does Aga Khan own in Kenya - other than the usual suspects [Jubilee Ins, BTB, IPB] there are many other crucial investments.... Now let's think about that and try to guess if the Kenyatta's would be wise to pick a fight with NMG I don't think NMG's challenges are from the competition. The entire media industry is undergoing a major shift globally. Revenue streams are steadily declining and so are profits. Only the smart ones will survive this shift. Do not assume that Mediamax is doing well. Ask yourself why they felt the need to make People Daily a free sheet.... They weren't selling much. Standard Group is performing much worse. Earlier this year they almost shut down the paper due to losses. [KTN is their cash cow]. The question really is whether any traditional media house will survive the next 10 years. Don't underestimate state power. NMG were locked out of digital migration deal. Nation TV was shut down during the people's president swearing in. GOK started printing it's own paper, circulated "for free" in the People Daily. GOK owes hundreds of millions in unpaid bills to GOK. Life is short. Live passionately.
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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chiaroscuro wrote:Ebenyo wrote:chiaroscuro wrote:sparkly wrote:obiero wrote:chiaroscuro wrote:NMG revenue and profit have been on a downward trajectory since 2013.
2013; R=13.4bn; PBT=3.6bn
2014; R=13.3bn; PBT=3.6bn
2015; R=12.3bn; PBT=2.2bn
2016; R=11.3bn; PBT=1.7bn
2017; R=10.6bn; PBT=1.3bn
2018; R=9.7bn; PBT=1.1bn
Now they report a 24% drop in HY PBT
What do you think will happen by end of year?
The trend is very clear.
Time for those who are in to implement exit strategies - you do have exit strategies, don't you? And you can imagine that this comes after massive lay offs.. Less staff and increased losses.. Surely surely. The two men have messed us all up First family is in direct competition with NMG. NMG has shown great resilience not to have gone under by now. NMG needs to adapt fast and grow revenue before they turn into another failed company: 1. Reinvigorate old revenue lines a) Nation Courier - use assets to distribute more parcels as print paper distribution decreases; b) Nation Business Directory - Should have gone online by now. c) n-soko - Whatever happened to this? 2. Invest in new business lines: a) Digital news distribution channels; b) Events and promotions; C) Niche market radio and TV stations; d) Financial data services like Reuters. Who is the majority shareholder in NMG? Think about that first. Agakhan is the majority shareholder. True. Now think about that and the battle with the Kenyatta's Mediamax.... What else does Aga Khan own in Kenya - other than the usual suspects [Jubilee Ins, BTB, IPB] there are many other crucial investments.... Now let's think about that and try to guess if the Kenyatta's would be wise to pick a fight with NMG I don't think NMG's challenges are from the competition. The entire media industry is undergoing a major shift globally. Revenue streams are steadily declining and so are profits. Only the smart ones will survive this shift. Do not assume that Mediamax is doing well. Ask yourself why they felt the need to make People Daily a free sheet.... They weren't selling much. Standard Group is performing much worse. Earlier this year they almost shut down the paper due to losses. [KTN is their cash cow]. The question really is whether any traditional media house will survive the next 10 years. They will survive only if their digital platforms start generating as much revenue as their traditional newspaper ventures. For NMG they have to try and create a better platform to run ads directly and cut out the middle man (Google Adsense) who takes 45% of the cut. Run adsense as a back up. They should make it easy for small businesses to advertise on their sites for even as little as 1,000 bob. If they can get the platform to geo-target different locations in Kenya such that one can advertise to people in a specific area (county), the better. Digital has so much opportunity, its just more on the execution that they need to pull up their socks. It so much easier to advertise on Facebook and Instagram for as little as Ksh500. NMG should invest in a platform with similar capabilites for advertisers.
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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sparkly wrote:chiaroscuro wrote:Ebenyo wrote:chiaroscuro wrote:sparkly wrote:obiero wrote:chiaroscuro wrote:NMG revenue and profit have been on a downward trajectory since 2013.
2013; R=13.4bn; PBT=3.6bn
2014; R=13.3bn; PBT=3.6bn
2015; R=12.3bn; PBT=2.2bn
2016; R=11.3bn; PBT=1.7bn
2017; R=10.6bn; PBT=1.3bn
2018; R=9.7bn; PBT=1.1bn
Now they report a 24% drop in HY PBT
What do you think will happen by end of year?
The trend is very clear.
Time for those who are in to implement exit strategies - you do have exit strategies, don't you? And you can imagine that this comes after massive lay offs.. Less staff and increased losses.. Surely surely. The two men have messed us all up First family is in direct competition with NMG. NMG has shown great resilience not to have gone under by now. NMG needs to adapt fast and grow revenue before they turn into another failed company: 1. Reinvigorate old revenue lines a) Nation Courier - use assets to distribute more parcels as print paper distribution decreases; b) Nation Business Directory - Should have gone online by now. c) n-soko - Whatever happened to this? 2. Invest in new business lines: a) Digital news distribution channels; b) Events and promotions; C) Niche market radio and TV stations; d) Financial data services like Reuters. Who is the majority shareholder in NMG? Think about that first. Agakhan is the majority shareholder. True. Now think about that and the battle with the Kenyatta's Mediamax.... What else does Aga Khan own in Kenya - other than the usual suspects [Jubilee Ins, BTB, IPB] there are many other crucial investments.... Now let's think about that and try to guess if the Kenyatta's would be wise to pick a fight with NMG I don't think NMG's challenges are from the competition. The entire media industry is undergoing a major shift globally. Revenue streams are steadily declining and so are profits. Only the smart ones will survive this shift. Do not assume that Mediamax is doing well. Ask yourself why they felt the need to make People Daily a free sheet.... They weren't selling much. Standard Group is performing much worse. Earlier this year they almost shut down the paper due to losses. [KTN is their cash cow]. The question really is whether any traditional media house will survive the next 10 years. Don't underestimate state power. NMG were locked out of digital migration deal. Nation TV was shut down during the people's president swearing in. GOK started printing it's own paper, circulated "for free" in the People Daily. GOK owes hundreds of millions in unpaid bills to GOK. No. They were NOT locked out of the deal. They messed up and locked themselves out. They had been offered a chance to bid but did not take it seriously. Their bid was incompetently and hurriedly done - didn't even attache audited financial statements! Then the silly move of going to court...albeit their right to do so, it was very unwise on their part. Also done in a hurry after Aga Khan expressed dismay at NMG missing the chance to get Digital Carrier licence. Anyway, that is now water under the bridge....
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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BREAKING NEWS
Nation Media Group (NMG) principal shareholder Aga Khan could be considering divesting from media business in Kenya, a move that could see him sell off his vast interests in print and broadcasting industries in Kenya. President UHURU KENYATTA was rumoured to be making a move on a buy-out of the MEDIA giant.
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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FUNKY wrote:BREAKING NEWS
Nation Media Group (NMG) principal shareholder Aga Khan could be considering divesting from media business in Kenya, a move that could see him sell off his vast interests in print and broadcasting industries in Kenya. President UHURU KENYATTA was rumoured to be making a move on a buy-out of the MEDIA giant. Verify Funky Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Ericsson wrote:FUNKY wrote:BREAKING NEWS
Nation Media Group (NMG) principal shareholder Aga Khan could be considering divesting from media business in Kenya, a move that could see him sell off his vast interests in print and broadcasting industries in Kenya. President UHURU KENYATTA was rumoured to be making a move on a buy-out of the MEDIA giant. Verify Funky  is this a yearly thing? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: New-farer Joined: 2/27/2018 Posts: 56 Location: Cambrian Dc
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FUNKY wrote:BREAKING NEWS
Nation Media Group (NMG) principal shareholder Aga Khan could be considering divesting from media business in Kenya, a move that could see him sell off his vast interests in print and broadcasting industries in Kenya. President UHURU KENYATTA was rumoured to be making a move on a buy-out of the MEDIA giant. I smell a pump-and-dump. The share has been on a sustained downward slide, despite the indication that they will maintain the same dividend payout. Once books close it should go below ksh.35 easily. "could be considering" that phrase is packed with plausible deniability. If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
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Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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VyaBureSiachi wrote:FUNKY wrote:BREAKING NEWS
Nation Media Group (NMG) principal shareholder Aga Khan could be considering divesting from media business in Kenya, a move that could see him sell off his vast interests in print and broadcasting industries in Kenya. President UHURU KENYATTA was rumoured to be making a move on a buy-out of the MEDIA giant. I smell a pump-and-dump. The share has been on a sustained downward slide, despite the indication that they will maintain the same dividend payout. Once books close it should go below ksh.35 easily. "could be considering" that phrase is packed with plausible deniability. These rumours have been doing rounds since early last year. Straight from the horses mouth in April 2018 Quote:
Nation Media Group (NMG) has dispelled rumours being spread on social media that the company would be sold.
Speaking on Saturday at the Nation Golf Classic dinner held at the Nakuru Golf Club, NMG acting Chief Executive Officer Stephen Gitagama (now CEO) urged Kenyans to ignore the rumours.
"The rumour going round in the country is unfounded, this is not true," Mr Gitagama told the audience which included golfers, Nation clients and company staff.
Mr Gitagama said NMG is a public-listed company owned by Kenyans through shares.
“So, if you want to buy Nation shares, just walk to your stock broker and buy [your] shares of choice. But the company is not for sale,” he added.
the group’s Board Chairman Wilfred Kiboro reiterated the same message that the company is not for sale.
"Some of you, may have read about this crazy thing about Nation Media Group being sold to the First Family," he said, referring to the family of President Uhuru Kenyatta.
"I want to confirm to everybody, NMG is not for sale. The only way to buy Nation Media is through the stock exchange."
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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KCB and NMG trading at same share price. A few years ago NMG was trading at 5 times KCB share price. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 4/28/2019 Posts: 88 Location: Talai
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SAFARICOM PARTNERS WITH MEDIA HOUSES TO UNVEIL KES 20 DIGITAL NEWSPAPERS https://www.safaricom.co...qXS3TKCbc7ji42rW_hqTGtvk
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Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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Ericsson wrote:KCB and NMG trading at same share price.
A few years ago NMG was trading at 5 times KCB share price. Can you believe it. Check out the 52 week range 
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Headed to 15 bob, this is crazy at the casino!!!! 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: Member Joined: 5/15/2019 Posts: 677 Location: planet earth
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Angelica _ann wrote:Headed to 15 bob, this is crazy at the casino!!!! You mean some of you still have high hopes in the casino post covid? Wait till the loss numbers of the other companies come in. Flee the casino NOW NOW NOWWWWWWWW before you lose your shirts!!! Age and family mellows us all over time
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Nation Media Group HY 2019 profit down 24%
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