wazua Thu, Apr 18, 2024
Welcome Guest Search | Active Topics | Log In | Register

5 Pages123>»
Nation Media Group full year 2018
Options
Previous Topic · Next Topic
littledove
#1 Posted : Wednesday, April 17, 2019 10:00:25 AM
Rank: Member


Joined: 7/1/2014
Posts: 895
Location: sky
NMG MAKES Ksh1.6bn profit before tax for 2018, down 16.4pc mostly due to bad debt by the government.

NMG BOARD proposes Sh5 dividend after posting Sh1.6bn profit before tax for 2018, down 16.4pc due to depressed regional economies.

"Performance was adversely impacted by depressed regional economies and the discontinuation of Government advertising from July 2018 due to non-payment of debts" - Tobiko
"NMG will invest about $ 2 million on digital infrastructure and assets." - Group Finance Director, Richard Tobiko
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Back to top
WWW
 Report Abusive | Report SPAM | Edit by moderator: Wednesday, April 17, 2019 11:21 AM | Reason: title case
Ericsson
#2 Posted : Wednesday, April 17, 2019 10:53:32 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
littledove wrote:
NMG MAKES Ksh1.6bn profit before tax for 2018, down 16.4pc mostly due to bad debt by the government.

NMG BOARD proposes Sh5 dividend after posting Sh1.6bn profit before tax for 2018, down 16.4pc due to depressed regional economies.

"Performance was adversely impacted by depressed regional economies and the discontinuation of Government advertising from July 2018 due to non-payment of debts" - Tobiko
"NMG will invest about $ 2 million on digital infrastructure and assets." - Group Finance Director, Richard Tobiko


"Revenues for digital grew by 13 per cent in 2018 compared to 2017."
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
 Report Abusive | Report SPAM
watesh
#3 Posted : Wednesday, April 17, 2019 11:24:23 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 953
Location: Kenya
littledove wrote:
NMG MAKES Ksh1.6bn profit before tax for 2018, down 16.4pc mostly due to bad debt by the government.

NMG BOARD proposes Sh5 dividend after posting Sh1.6bn profit before tax for 2018, down 16.4pc due to depressed regional economies.

"Performance was adversely impacted by depressed regional economies and the discontinuation of Government advertising from July 2018 due to non-payment of debts" - Tobiko
"NMG will invest about $ 2 million on digital infrastructure and assets." - Group Finance Director, Richard Tobiko

The bleeding continues
Back to top
WWW
 Report Abusive | Report SPAM
Balaa
#4 Posted : Wednesday, April 17, 2019 1:07:56 PM
Rank: Member


Joined: 7/6/2018
Posts: 175
Location: Kinshasa
Anyone know yet if the 5bob is final div or total div for 2018?
If it don't make dollars, it don't make sense
Back to top
WWW
 Report Abusive | Report SPAM
Ebenyo
#5 Posted : Wednesday, April 17, 2019 6:34:20 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
littledove wrote:
NMG MAKES Ksh1.6bn profit before tax for 2018, down 16.4pc mostly due to bad debt by the government.

NMG BOARD proposes Sh5 dividend after posting Sh1.6bn profit before tax for 2018, down 16.4pc due to depressed regional economies.

"Performance was adversely impacted by depressed regional economies and the discontinuation of Government advertising from July 2018 due to non-payment of debts" - Tobiko
"NMG will invest about $ 2 million on digital infrastructure and assets." - Group Finance Director, Richard Tobiko



Sad Sad
Towards the goal of financial freedom
Back to top
 Report Abusive | Report SPAM
murchr
#6 Posted : Wednesday, April 17, 2019 7:00:54 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
Which business is making money which is not?
"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
.
Back to top
 Report Abusive | Report SPAM
young
#7 Posted : Thursday, April 18, 2019 3:22:56 AM
Rank: Elder


Joined: 6/20/2007
Posts: 2,036
Location: Lagos, Nigeria
Balaa wrote:
Anyone know yet if the 5bob is final div or total div for 2018?


LATEST 2018
Interim 1.50bob
Final. 3.50 Bob (just declared)

IN 2017
Interim 2.50 Bob
Final. 7.50 Bob


The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Back to top
 Report Abusive | Report SPAM
Balaa
#8 Posted : Thursday, April 18, 2019 8:56:28 AM
Rank: Member


Joined: 7/6/2018
Posts: 175
Location: Kinshasa
Thanks@young.
Seems like it was a matter of time before this dividend aristocrat slashed the dividend payable. With sliding profitability the Writing has been on the wall.
If it don't make dollars, it don't make sense
Back to top
WWW
 Report Abusive | Report SPAM
rwitre
#9 Posted : Thursday, April 18, 2019 10:28:13 AM
Rank: Member


Joined: 3/8/2018
Posts: 507
Location: Nairobi
young wrote:
Balaa wrote:
Anyone know yet if the 5bob is final div or total div for 2018?


LATEST 2018
Interim 1.50bob
Final. 3.50 Bob (just declared)

IN 2017
Interim 2.50 Bob
Final. 7.50 Bob




Dividends to soothe us. That AGM will be fire.




Back to top
WWW
 Report Abusive | Report SPAM
rwitre
#10 Posted : Thursday, June 20, 2019 12:21:50 PM
Rank: Member


Joined: 3/8/2018
Posts: 507
Location: Nairobi
Touched 46 intraday.

NMG single-handedly sinking my portfolio Pray Pray
Back to top
WWW
 Report Abusive | Report SPAM
Angelica _ann
#11 Posted : Thursday, June 20, 2019 12:27:31 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
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
Back to top
 Report Abusive | Report SPAM
Ebenyo
#12 Posted : Thursday, June 20, 2019 12:35:23 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
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
Back to top
 Report Abusive | Report SPAM
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.
Back to top
 Report Abusive | Report SPAM
obiero
#14 Posted : Thursday, June 20, 2019 12:45:50 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,472
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..

HF 428,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Back to top
WWW
 Report Abusive | Report SPAM
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.
Back to top
 Report Abusive | Report SPAM
Ericsson
#16 Posted : Thursday, June 20, 2019 1:37:16 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
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
Back to top
WWW
 Report Abusive | Report SPAM
Angelica _ann
#17 Posted : Thursday, June 20, 2019 1:50:21 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
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
Back to top
 Report Abusive | Report SPAM
Ebenyo
#18 Posted : Thursday, June 20, 2019 1:51:04 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
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
Back to top
 Report Abusive | Report SPAM
Ericsson
#19 Posted : Thursday, June 20, 2019 1:53:41 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
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
Back to top
WWW
 Report Abusive | Report SPAM
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
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest
5 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2024 Wazua.co.ke. All Rights Reserved.