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Nation Media Group HY 2019 profit down 24%

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FUNKY		#51 Posted : Saturday, August 31, 2019 5:43:38 PM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		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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Ericsson		#52 Posted : Sunday, September 01, 2019 7:44:01 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		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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murchr		#53 Posted : Sunday, September 01, 2019 7:46:38 AM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		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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VyaBureSiachi		#54 Posted : Sunday, September 01, 2019 10:09:17 AM
Rank: New-farer Joined: 2/27/2018 Posts: 59 Location: Cambrian Dc		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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rwitre		#55 Posted : Sunday, September 01, 2019 11:12:57 AM
Rank: Member Joined: 3/8/2018 Posts: 507 Location: Nairobi		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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Ericsson		#56 Posted : Thursday, September 26, 2019 9:49:55 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		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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ARAPCHARLEE		#57 Posted : Saturday, May 30, 2020 10:08:26 AM
Rank: New-farer Joined: 4/28/2019 Posts: 88 Location: Talai		SAFARICOM PARTNERS WITH MEDIA HOUSES TO UNVEIL KES 20 DIGITAL NEWSPAPERS https://www.safaricom.co...qXS3TKCbc7ji42rW_hqTGtvk
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obiero		#58 Posted : Saturday, May 30, 2020 1:59:02 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi		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 KQ ABP 4.26
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Angelica _ann		#59 Posted : Wednesday, June 24, 2020 1:01:46 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		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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amorphous		#60 Posted : Wednesday, June 24, 2020 2:05:22 PM
Rank: Member Joined: 5/15/2019 Posts: 687 Location: planet earth		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!!! In the final analysis, it all boils down to sheer plain old hard work and dogged persistence. Nothing more, nothing less!!
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