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Nation Media Group FY16
Rank: Member Joined: 7/10/2014 Posts: 145 Location: Nairobi
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wukan wrote:Another round of retrenchments. Ni kubaya!!! Some of our media personalities are highly overpaid an indicator of the wage-bill sustainability challenge. Secondly the Govt is the biggest client. For me its a risky biz. "Blowing out someone else candle won't make yours shine brighter"-Anonymous
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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They seem not to have realized what hit them. To this day, Nation online shows yesterdays news yet the other online papers show news happening now. I dont know why they dont realize that the digital platform should show what is happening now. "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: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Disposable income for spending on newspaper is reducing Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 2/8/2007 Posts: 808
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For the past 4 years it has been a retrenchment or two a year...amd during that time revenue has stagnated and is now falling. Smells of confusion hapo juu.
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Rank: Elder Joined: 12/4/2009 Posts: 10,639 Location: NAIROBI
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Kausha wrote:For the past 4 years it has been a retrenchment or two a year...amd during that time revenue has stagnated and is now falling. Smells of confusion hapo juu. How has the economy being during the past 4 years Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 2/8/2007 Posts: 808
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It's been growing above 5% in each of the years
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Rank: Member Joined: 2/8/2007 Posts: 808
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Ericsson wrote:Disposable income for spending on newspaper is reducing Don't think so. Sports pesa is doing well and so is safaricom. Media guys are offering diminishing value and expecting same returns or better. Poor investment is the core business quality journalism has come home to bite.
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Rank: Elder Joined: 7/21/2010 Posts: 6,175 Location: nairobi
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Kausha wrote:Ericsson wrote:Disposable income for spending on newspaper is reducing Don't think so. Sports pesa is doing well and so is safaricom. Media guys are offering diminishing value and expecting same returns or better. Poor investment is the core business quality journalism has come home to bite. No,it's the newspapers generation diminishing "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 11/13/2015 Posts: 1,568
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Ericsson wrote:Kausha wrote:For the past 4 years it has been a retrenchment or two a year...amd during that time revenue has stagnated and is now falling. Smells of confusion hapo juu. How has the economy being during the past 4 years Aga Khan hospital is also sending home some 400 workers. Something wrong with the economy [quote]There were only 33,382 local companies registered in 2016, a decline of 88 per cent, from the 281,973 companies that were registered in 2013. Read more at: https://www.standardmedi...ecline-state-data-shows[/quote]
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Rank: Chief Joined: 1/3/2007 Posts: 18,050 Location: Nairobi
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Kausha wrote:Ericsson wrote:Disposable income for spending on newspaper is reducing Don't think so. Sports pesa is doing well and so is safaricom. Media guys are offering diminishing value and expecting same returns or better. Poor investment is the core business quality journalism has come home to bite. I am not sure quoting SportsPesa as an example of a growing economy (or disposable income) is kosher. IMHO, a lot of (compulsive) gamblers are going to be broke if not already so. Gambling has few winners. Safaricom is a behemoth. Is their share of the telecom pie growing OR is the entire market (substantially) growing? Then there are the socio-economic classes. The "rich" aren't really affected by price increases in the basic goods. The middle-class may substitute products. The poor feel it the most. As far as newspapers are concerned, the print version is going to become a tinier piece of pie over time. The online versions face the challenge of folks who do NOT want to pay. How can Business Daily make money from the free edition found online? Ads aren't the magic bullet anymore. I don't have a solution but it is going to be interesting... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 2/8/2007 Posts: 808
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Business daily has to publish insightful stuff or relay news faster.
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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Kausha wrote:Business daily has to publish insightful stuff or relay news faster. Can offer to publish financial results with indepth analysis for a fee like FT.com on paywall terms (make it affordable and accessible in tiers) Have a magazine (like forbes) and feature money stories that may not necessarily be news. (there's hunger for financial knowledge make it available and advertisers will follow) Nation blundered big time in investing in aging technology, they however need to invest less in reporters and more in technology and source stories on contracts. What forums/events/conferences has Nation Media hosted apart from golf tournaments? Why have we not seen an event hosted by NMG to discuss matters to do with the EAC integration as an example, cyber security, block-chain technology? Wouldn't advertisers want in? I hope the management (Kaikai, Mshindi and the like) will be leaving with Muganda. "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: Veteran Joined: 9/18/2014 Posts: 1,127
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wukan wrote:Ericsson wrote:Kausha wrote:For the past 4 years it has been a retrenchment or two a year...amd during that time revenue has stagnated and is now falling. Smells of confusion hapo juu. How has the economy being during the past 4 years Aga Khan hospital is also sending home some 400 workers. Something wrong with the economy The thing with the much touted 5% growth is that it is largely driven by public/govt spending not by the private sector. Considering that govt spending has a much lower multiplier effect in the economy than an equivalent investment made by the private sector, it means that the overall economy is spending that much more to generate a declining level of output aka diminishing marginal returns. If you add the fact that the tax base (private sector) is ailing and is the source of revenue for govt spending then one can make a fair assessment as to where the KE economy is headed in the near and medium term. In that regard, it shouldn't come as a surprise why the NSE 20 hasn't made any attempt at the all time high reached back in 2007. For those waiting for a new year bull charge I am afraid disappointment is in the pipeline. Looks like it will take a crisis of sorts for the decision makers to get their act in line. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,568
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lochaz-index wrote:wukan wrote:Ericsson wrote:Kausha wrote:For the past 4 years it has been a retrenchment or two a year...amd during that time revenue has stagnated and is now falling. Smells of confusion hapo juu. How has the economy being during the past 4 years Aga Khan hospital is also sending home some 400 workers. Something wrong with the economy The thing with the much touted 5% growth is that it is largely driven by public/govt spending not by the private sector. Considering that govt spending has a much lower multiplier effect in the economy than an equivalent investment made by the private sector, it means that the overall economy is spending that much more to generate a declining level of output aka diminishing marginal returns. If you add the fact that the tax base (private sector) is ailing and is the source of revenue for govt spending then one can make a fair assessment as to where the KE economy is headed in the near and medium term. In that regard, it shouldn't come as a surprise why the NSE 20 hasn't made any attempt at the all time high reached back in 2007. For those waiting for a new year bull charge I am afraid disappointment is in the pipeline. Looks like it will take a crisis of sorts for the decision makers to get their act in line. NSE 20 is now consolidating-the longer the consolidation the bigger the break out upwards or downwards. Looks like the market will stay in consolidation for quite some time before the crisis brings out a break out.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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wukan wrote:lochaz-index wrote:wukan wrote:Ericsson wrote:Kausha wrote:For the past 4 years it has been a retrenchment or two a year...amd during that time revenue has stagnated and is now falling. Smells of confusion hapo juu. How has the economy being during the past 4 years Aga Khan hospital is also sending home some 400 workers. Something wrong with the economy The thing with the much touted 5% growth is that it is largely driven by public/govt spending not by the private sector. Considering that govt spending has a much lower multiplier effect in the economy than an equivalent investment made by the private sector, it means that the overall economy is spending that much more to generate a declining level of output aka diminishing marginal returns. If you add the fact that the tax base (private sector) is ailing and is the source of revenue for govt spending then one can make a fair assessment as to where the KE economy is headed in the near and medium term. In that regard, it shouldn't come as a surprise why the NSE 20 hasn't made any attempt at the all time high reached back in 2007. For those waiting for a new year bull charge I am afraid disappointment is in the pipeline. Looks like it will take a crisis of sorts for the decision makers to get their act in line. NSE 20 is now consolidating-the longer the consolidation the bigger the break out upwards or downwards. Looks like the market will stay in consolidation for quite some time before the crisis brings out a break out. Why a crisis and not a boom? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 11/13/2015 Posts: 1,568
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Spikes wrote:wukan wrote:lochaz-index wrote:wukan wrote:Ericsson wrote:Kausha wrote:For the past 4 years it has been a retrenchment or two a year...amd during that time revenue has stagnated and is now falling. Smells of confusion hapo juu. How has the economy being during the past 4 years Aga Khan hospital is also sending home some 400 workers. Something wrong with the economy The thing with the much touted 5% growth is that it is largely driven by public/govt spending not by the private sector. Considering that govt spending has a much lower multiplier effect in the economy than an equivalent investment made by the private sector, it means that the overall economy is spending that much more to generate a declining level of output aka diminishing marginal returns. If you add the fact that the tax base (private sector) is ailing and is the source of revenue for govt spending then one can make a fair assessment as to where the KE economy is headed in the near and medium term. In that regard, it shouldn't come as a surprise why the NSE 20 hasn't made any attempt at the all time high reached back in 2007. For those waiting for a new year bull charge I am afraid disappointment is in the pipeline. Looks like it will take a crisis of sorts for the decision makers to get their act in line. NSE 20 is now consolidating-the longer the consolidation the bigger the break out upwards or downwards. Looks like the market will stay in consolidation for quite some time before the crisis brings out a break out. Why a crisis and not a boom? Because either the govt squeezes out the private sector through the credit crunch or it decides to do inflationary finance. Either method is a crisis.
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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Which economy is not shedding jobs? Wazuans should stop hyperventilating over nothing. Truth is some jobs will become extinct as others are created. Tea girls, messengers cleaners and other KYM jobs with be gone with time. "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: Veteran Joined: 11/13/2015 Posts: 1,568
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murchr wrote:Which economy is not shedding jobs? Wazuans should stop hyperventilating over nothing. Truth is some jobs will become extinct as others are created. Tea girls, messengers cleaners and other KYM jobs with be gone with time. We've heard you govt spokesman. From now henceforth I shall only sing praises on your wonderful stewardship of our economy.
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Rank: Elder Joined: 2/26/2012 Posts: 15,979
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wukan wrote:murchr wrote:Which economy is not shedding jobs? Wazuans should stop hyperventilating over nothing. Truth is some jobs will become extinct as others are created. Tea girls, messengers cleaners and other KYM jobs with be gone with time. We've heard you govt spokesman. From now henceforth I shall only sing praises on your wonderful stewardship of our economy. ATT Americas Safaricom* will in February, be laying off 300 employees, not because they did not make money - infact, every employee is getting a bonus of $1000, but because the jobs have become redundant. Adapt or perish. "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: User Joined: 8/15/2013 Posts: 13,236 Location: Vacuum
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NMG exodus If Obiero did it, Who Am I?
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