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Nation Media Group HY 2019 profit down 24%
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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mlennyma wrote:After gamblers make the share recover, the buyout plan will be shelved Share price on reverse gear. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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Ericsson wrote:mlennyma wrote:After gamblers make the share recover, the buyout plan will be shelved Share price on reverse gear. And the reversal has been brutal.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Queen wrote:Ericsson wrote:mlennyma wrote:After gamblers make the share recover, the buyout plan will be shelved Share price on reverse gear. And the reversal has been brutal. Kaa mbali sana KQ ABP 4.26
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Rank: Hello Joined: 6/16/2019 Posts: 8
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Queen wrote:Ericsson wrote:mlennyma wrote:After gamblers make the share recover, the buyout plan will be shelved Share price on reverse gear. And the reversal has been brutal. Hii itacheza kama ScanGroup last year after 8 bob dividends. Kurushia kuku mahindi You kill bird...bird dead snake come.
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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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. Kuungua my fren. My capital loss is KShs 250k 😪😪😪 https://pbs.twimg.com/me...at=jpg&name=900x900
Omba wanunue at ksh.60 The NAV of 2019 results was 41.So they won't buy below 41 Towards the goal of financial freedom
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Having an analogue board in a digital world is suicide. Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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Was it not wise and economical for this guys to start the buyback quietly at low prices instead of blowing the trumpet? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Chief Joined: 1/3/2007 Posts: 18,346 Location: Nairobi
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mlennyma wrote:Was it not wise and economical for this guys to start the buyback quietly at low prices instead of blowing the trumpet? Are they legally allowed to do so? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 12/24/2008 Posts: 112
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NMG/Jubilee/DTB/Serena - same wazzap group?
Share prices on all have taken a hammering over the last couple of years...
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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VituVingiSana wrote:mlennyma wrote:Was it not wise and economical for this guys to start the buyback quietly at low prices instead of blowing the trumpet? Are they legally allowed to do so? No.CMA must be involved. Towards the goal of financial freedom
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Nation Media Group HY 2019 profit down 24%
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