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Nation Media Group HY 2019 profit down 24%
Ebenyo
#81 Posted : Wednesday, July 15, 2020 10:42:01 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
sparkly wrote:
Ebenyo wrote:
sparkly wrote:
obiero wrote:
A sad case


A happy case for longterm investors. The company is still profitable with little debt and working at a turn-around plan.



Their ability to create sufficient revenue from digital streams will be crucial in their long term recovery.


Stock is now at 13 bob. Jesus save us!



partly reflecting the upcoming 10:1 bonus issue
Towards the goal of financial freedom
Queen
#82 Posted : Thursday, July 16, 2020 12:42:51 AM
Rank: Member


Joined: 11/21/2018
Posts: 564
Location: Britain
Ebenyo wrote:
sparkly wrote:
Ebenyo wrote:
sparkly wrote:
obiero wrote:
A sad case


A happy case for longterm investors. The company is still profitable with little debt and working at a turn-around plan.



Their ability to create sufficient revenue from digital streams will be crucial in their long term recovery.


Stock is now at 13 bob. Jesus save us!



partly reflecting the upcoming 10:1 bonus issue


1:10
cyruskulei
#83 Posted : Thursday, July 16, 2020 5:42:25 AM
Rank: Member


Joined: 3/9/2010
Posts: 320
Location: kenya
Queen wrote:
Ebenyo wrote:
sparkly wrote:
Ebenyo wrote:
sparkly wrote:
obiero wrote:
A sad case


A happy case for longterm investors. The company is still profitable with little debt and working at a turn-around plan.



Their ability to create sufficient revenue from digital streams will be crucial in their long term recovery.


Stock is now at 13 bob. Jesus save us!



partly reflecting the upcoming 10:1 bonus issue


1:10



The price of new low @12.75 is really scaring. Huge paper loss. I dont know if it will hit sub 10?

When are the new shares being credited?
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

Angelica _ann
#84 Posted : Thursday, July 16, 2020 7:00:39 AM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
cyruskulei wrote:
Queen wrote:
Ebenyo wrote:
sparkly wrote:
Ebenyo wrote:
sparkly wrote:
obiero wrote:
A sad case


A happy case for longterm investors. The company is still profitable with little debt and working at a turn-around plan.



Their ability to create sufficient revenue from digital streams will be crucial in their long term recovery.


Stock is now at 13 bob. Jesus save us!



partly reflecting the upcoming 10:1 bonus issue


1:10



The price of new low @12.75 is really scaring. Huge paper loss. I dont know if it will hit sub 10?

When are the new shares being credited?


Paper loss or loss, headed to sub 10 bob by August 2020.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
obiero
#85 Posted : Thursday, July 16, 2020 8:18:16 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,515
Location: nairobi
Angelica _ann wrote:
cyruskulei wrote:
Queen wrote:
Ebenyo wrote:
sparkly wrote:
Ebenyo wrote:
sparkly wrote:
obiero wrote:
A sad case


A happy case for longterm investors. The company is still profitable with little debt and working at a turn-around plan.



Their ability to create sufficient revenue from digital streams will be crucial in their long term recovery.


Stock is now at 13 bob. Jesus save us!



partly reflecting the upcoming 10:1 bonus issue


1:10



The price of new low @12.75 is really scaring. Huge paper loss. I dont know if it will hit sub 10?

When are the new shares being credited?


Paper loss or loss, headed to sub 10 bob by August 2020.

Who is this saying that the bonus issue is represented in the price drop. Surely!

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ericsson
#86 Posted : Thursday, February 25, 2021 8:55:31 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
https://mobile.twitter.c...812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#87 Posted : Thursday, February 25, 2021 9:06:47 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Ericsson wrote:
https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price



Good move.As long as they buy in a good price that represent fair value of the company.
Towards the goal of financial freedom
AndyC
#88 Posted : Thursday, February 25, 2021 9:15:35 AM
Rank: Member


Joined: 4/21/2015
Posts: 151
Ebenyo wrote:
Ericsson wrote:
https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price



Good move.As long as they buy in a good price that represent fair value of the company.



There must be little hope in the financial results boosting the price. Whatever yields money is welcome.
sparkly
#89 Posted : Thursday, February 25, 2021 3:14:26 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ebenyo wrote:
Ericsson wrote:
https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price



Good move.As long as they buy in a good price that represent fair value of the company.


The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob.
Life is short. Live passionately.
maka
#90 Posted : Thursday, February 25, 2021 4:23:48 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
sparkly wrote:
Ebenyo wrote:
Ericsson wrote:
https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price



Good move.As long as they buy in a good price that represent fair value of the company.


The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob.



Wueeeh hapa mulichomeka.Sad
possunt quia posse videntur
sparkly
#91 Posted : Thursday, February 25, 2021 7:54:51 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
maka wrote:
sparkly wrote:
Ebenyo wrote:
Ericsson wrote:
https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price



Good move.As long as they buy in a good price that represent fair value of the company.


The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob.



Wueeeh hapa mulichomeka.Sad


Kuungua my fren. My capital loss is KShs 250k 😪😪😪
Life is short. Live passionately.
Ericsson
#92 Posted : Thursday, February 25, 2021 8:02:39 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
sparkly wrote:
maka wrote:
sparkly wrote:
Ebenyo wrote:
Ericsson wrote:
https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price



Good move.As long as they buy in a good price that represent fair value of the company.


The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob.



Wueeeh hapa mulichomeka.Sad


Kuungua my fren. My capital loss is KShs 250k 😪😪😪


https://pbs.twimg.com/me...at=jpg&name=900x900

Omba wanunue at ksh.60
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#93 Posted : Monday, March 01, 2021 9:39:04 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
+10% every day for the past 3 trading sessions.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
blackcobra
#94 Posted : Monday, March 01, 2021 12:07:58 PM
Rank: New-farer


Joined: 1/7/2010
Posts: 68
Location: kenya
Ericsson wrote:
https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price



I would not agree with this fact that its a good idea to buyback. Stock buyback is a manipulative practice, whereby a company buys its own shares on the open market.

A company can gain investor's confidence by growing earnings like creating better products, adding more services or conducting research and development — essentially, investing in the future. This way, investors will feel better placed to invest in the company. To me, a stock buyback is simply a way for a company to manipulate its share prices by creating artificial demand for its own stock. .

After the manipulation happens, the stock might crash...
sparkly
#95 Posted : Tuesday, March 02, 2021 4:50:24 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
sparkly wrote:
maka wrote:
sparkly wrote:
Ebenyo wrote:
Ericsson wrote:
https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price



Good move.As long as they buy in a good price that represent fair value of the company.


The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob.



Wueeeh hapa mulichomeka.Sad


Kuungua my fren. My capital loss is KShs 250k 😪😪😪


https://pbs.twimg.com/me...at=jpg&name=900x900

Omba wanunue at ksh.60


Unlikely given the market price.

Life is short. Live passionately.
mlennyma
#96 Posted : Friday, March 05, 2021 10:47:26 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
After gamblers make the share recover, the buyout plan will be shelved
"Don't let the fear of losing be greater than the excitement of winning."
VituVingiSana
#97 Posted : Friday, March 05, 2021 9:10:37 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
blackcobra wrote:
Ericsson wrote:
https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price


I would not agree with this fact that its a good idea to buyback. Stock buyback is a manipulative practice, whereby a company buys its own shares on the open market.

A company can gain investor's confidence by growing earnings like creating better products, adding more services or conducting research and development — essentially, investing in the future. This way, investors will feel better placed to invest in the company. To me, a stock buyback is simply a way for a company to manipulate its share prices by creating artificial demand for its own stock. .

After the manipulation happens, the stock might crash...
Let's tackle each point:
1) The company does not gain from price manipulation (though some shareholders may) and NMG's price was quite low when the buyback was announced. It has run up 60% so the motivation for a buyback from the COMPANY's end has reduced.
2) NMG has introduced new products eg paid subscription for Nation. I expect they will add Business Daily soon. Also the NBA deal. Perhaps they may even add some football if they can get the rights.
3) If you do not like it, sell the shares at the higher (+60%) price.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#98 Posted : Saturday, March 06, 2021 6:30:55 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
https://youtu.be/bc4Y8PDovmA

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#99 Posted : Sunday, March 07, 2021 8:47:33 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
sparkly wrote:
maka wrote:
sparkly wrote:
[quote=Ebenyo][quote=Ericsson]https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price



Good move.As long as they buy in a good price that represent fair value of the company.


The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob.



My abp is 49 after working it down from my buying price of 110
Towards the goal of financial freedom
Metch
#100 Posted : Monday, March 08, 2021 10:59:06 AM
Rank: Member


Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
Ebenyo wrote:
sparkly wrote:
maka wrote:
sparkly wrote:
[quote=Ebenyo][quote=Ericsson]https://mobile.twitter.com/tradingroomke/status/1364812872942039040/photo/1

NMG wants to do a share buyback of 10% of its issued shares to boost the share price



Good move.As long as they buy in a good price that represent fair value of the company.


The lower the buying price, the better for them. I will througn in a few coins to lower by ABP which stands at around 52 bob.



My abp is 49 after working it down from my buying price of 110


Investors have the strongest stomach muscles waah. From 110 to 10 and now upward till they say never mind buyback is shelved
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