Wazua
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NMG FY 2018 and Beyond
Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. 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: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. 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: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 7/1/2009 Posts: 272
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Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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VituVingiSana wrote:Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. What was soo difficult in divesting from print and ramping up digital, television and radio.. Citizen with Viusasa and it's trailer load of local content on TV and radio, is not doing badly
KQ ABP 4.26
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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obiero wrote:VituVingiSana wrote:Monk wrote:Ericsson wrote:Angelica _ann wrote:VituVingiSana wrote:Ericsson wrote:Angelica _ann wrote:Kiboro is still chair here. Headed to ICU, sub 10 coming by end of next year. Reasons given; --Companies holding back on advertising and marketing expenditure. --Reduced mobility has reduced paper sales TBH, it would have been the same for most newspaper businesses. Some industries/sectors are dying. They may have a few stars but not most. Even Warren Buffett threw in the towel and sold off BH's newspaper business. Bezos bought WP for $250mn as a personal investment not as a business investment. You are giving excuses for this share, really. This company is dead, no innovation, creativity and sustainability. Currently eating into reserves. Seventh year in a row of declining profitability As @VVS said, it's an industry/sector issue Some people read what they want to read. Anyway, I have no dog in this fight. It's a pity that the storied brand may be no more in a few years but it happens. We used to have horse and buggies too. What was soo difficult in divesting from print and ramping up digital, television and radio.. Citizen with Viusasa and it's trailer load of local content on TV and radio, is not doing badly The difficult thing was wazees on the board and management thinking Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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