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Nation Media Group HY 2019 profit down 24%
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Ericsson
#101 Posted : Monday, March 08, 2021 12:06:23 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,834
Location: NAIROBI
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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Queen
#102 Posted : Tuesday, March 09, 2021 1:49:35 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
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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obiero
#103 Posted : Friday, March 12, 2021 6:23:26 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,455
Location: nairobi
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
COOP 306,100 ABP 31.96, KEGN 112,100 ABP 10.64, MTNU 131,000 ABP 10.21
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please_call_me
#104 Posted : Friday, March 12, 2021 10:58:54 AM
Rank: Hello

Joined: 6/16/2019
Posts: 8
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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Ebenyo
#105 Posted : Tuesday, March 16, 2021 11:23:38 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,022
Location: Kitale
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



The NAV of 2019 results was 41.So they won't buy below 41
Towards the goal of financial freedom
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KulaRaha
#106 Posted : Wednesday, March 17, 2021 8:39:23 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
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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mlennyma
#107 Posted : Wednesday, March 17, 2021 9:49:26 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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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VituVingiSana
#108 Posted : Wednesday, March 17, 2021 10:40:29 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,431
Location: Nairobi
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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Elephant Man
#109 Posted : Wednesday, March 17, 2021 4:43:43 PM
Rank: Member

Joined: 12/24/2008
Posts: 112
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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Ebenyo
#110 Posted : Wednesday, March 17, 2021 5:06:44 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,022
Location: Kitale
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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