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Nation Media Group, 1H 2014 at last - B-flat
Boris Boyka
#11 Posted : Tuesday, February 24, 2015 9:31:31 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
jwatesh wrote:
Everyday millions of tv revenue lost

NMG will have Good FY 14 results . However the lost revenue in this digital saga will be felt greatly in H1 2015 results plus companies asking for refunds...God forbid as gains made will be eroded. Any estimate on daily revenue losses.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
mlennyma
#12 Posted : Tuesday, February 24, 2015 10:22:46 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Boris Boyka wrote:
jwatesh wrote:
Everyday millions of tv revenue lost

NMG will have Good FY 14 results . However the lost revenue in this digital saga will be felt greatly in H1 2015 results plus companies asking for refunds...God forbid as gains made will be eroded. Any estimate on daily revenue losses.

they were summoned by cma to caution shareholders on the likely effects of the switch off standoff
"Don't let the fear of losing be greater than the excitement of winning."
Mike Ock
#13 Posted : Monday, March 02, 2015 4:22:26 PM
Rank: Member

Joined: 1/22/2015
Posts: 682
Boris Boyka wrote:
jwatesh wrote:
Everyday millions of tv revenue lost

NMG will have Good FY 14 results . However the lost revenue in this digital saga will be felt greatly in H1 2015 results plus companies asking for refunds...God forbid as gains made will be eroded. Any estimate on daily revenue losses.

I heard ScanGroup alone cancelled 140 million worth of placed orders following the digital kerfuffle.

On another note Nation's digital has also been undergoing a heavy beating after their whole sales team was poached by K24 and others a few months ago. They've been running mainly on Google ads for the last 3 months. Hapa numbers will have to be cooked HY 2015
Boris Boyka
#14 Posted : Friday, March 06, 2015 10:10:42 AM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
This share is getting a serious beating!!Pray
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
muganda
#15 Posted : Friday, March 06, 2015 10:49:16 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Boris Boyka wrote:
This share is getting a serious beating!!Pray

Nation Media Group (NMGK:NAI) set a new 52-week low during today's trading session when it reached 225.00. Over this period, the share price is down 28.80 %.
hisah
#16 Posted : Friday, March 06, 2015 11:32:14 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Wow! New year low printed. NMG is testing critical support levels. If it breaks down below 200 the sellside pressure will be strong measured against that jumbo volume cross trade. Turnover was around 6B with share price @313 back in Aug 2013. Btw that stands as the all time turnover on any particular counter listed on NSE. From 313 to 229 that's a 26.83% negative return.

With mpesa bank getting into the media space and the liberalization of the same sector with digital platform rollout the monopolistic trend is about done. FY 2015 numbers will not be rosy and the market is signalling this.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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