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NMG FY 2018 and Beyond
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Ali Baba
#181 Posted : Saturday, April 17, 2021 2:56:23 AM
Rank: Member


Joined: 8/29/2008
Posts: 571
winmak wrote:
VituVingiSana wrote:
Ebenyo wrote:
VyaBureSiachi wrote:
Anyone with an idea as to when these guys will release their results?

Don't expect anything.They already announced shares buy back.That means results will not be good.
Nonsense. I do not know what NMG's results will be but using your poor logic, Apple and Berkshire which have share buyback programs in place for 2-3 years should have announced poor results.
Have you seen Apple's results since 2018?


Language yawa....
There is nothing to expect from the Nation. The world moved on from newspapers. Why are you still holding on to a dead horse?
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Ebenyo
#182 Posted : Monday, April 19, 2021 10:51:35 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Ali Baba wrote:
winmak wrote:
VituVingiSana wrote:
Ebenyo wrote:
VyaBureSiachi wrote:
Anyone with an idea as to when these guys will release their results?

Don't expect anything.They already announced shares buy back.That means results will not be good.
Nonsense. I do not know what NMG's results will be but using your poor logic, Apple and Berkshire which have share buyback programs in place for 2-3 years should have announced poor results.
Have you seen Apple's results since 2018?


Language yawa....
There is nothing to expect from the Nation. The world moved on from newspapers. Why are you still holding on to a dead horse?



True.And the board of directors is full of wazees who are still thinking in 1960s mindset
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Ebenyo
#183 Posted : Tuesday, April 27, 2021 11:52:17 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Results should be out by friday
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littledove
#184 Posted : Thursday, April 29, 2021 9:01:28 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
Nation Media Group [@NationMediaGrp] 2020 Results:

- Revenue down 25% to Ksh 6.8B
- Profit after tax down 94% to Ksh 47.9 m
- Earnings Per Share Ksh 0.2 [2019: Ksh 4.5]
- No dividend recommended [2019: 1.5 (Interim)]
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Ebenyo
#185 Posted : Thursday, April 29, 2021 10:11:26 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
littledove wrote:
Nation Media Group [@NationMediaGrp] 2020 Results:

- Revenue down 25% to Ksh 6.8B
- Profit after tax down 94% to Ksh 47.9 m
- Earnings Per Share Ksh 0.2 [2019: Ksh 4.5]
- No dividend recommended [2019: 1.5 (Interim)]



No surprise at all.This was expected.The only news investors are waiting is how the sharebuck will be implemented.
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littledove
#186 Posted : Thursday, April 29, 2021 10:39:15 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
Ebenyo wrote:
littledove wrote:
Nation Media Group [@NationMediaGrp] 2020 Results:

- Revenue down 25% to Ksh 6.8B
- Profit after tax down 94% to Ksh 47.9 m
- Earnings Per Share Ksh 0.2 [2019: Ksh 4.5]
- No dividend recommended [2019: 1.5 (Interim)]



No surprise at all.This was expected.The only news investors are waiting is how the sharebuck will be implemented.

will they buy directly from the market? personally i dont think so, possibly they will do what liberty insurance did, but i may be wrong
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Angelica _ann
#187 Posted : Thursday, April 29, 2021 12:01:12 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
littledove wrote:
Ebenyo wrote:
littledove wrote:
Nation Media Group [@NationMediaGrp] 2020 Results:

- Revenue down 25% to Ksh 6.8B
- Profit after tax down 94% to Ksh 47.9 m
- Earnings Per Share Ksh 0.2 [2019: Ksh 4.5]
- No dividend recommended [2019: 1.5 (Interim)]



No surprise at all.This was expected.The only news investors are waiting is how the sharebuck will be implemented.

will they buy directly from the market? personally i dont think so, possibly they will do what liberty insurance did, but i may be wrong


50M profit (only)smile
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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Ebenyo
#188 Posted : Thursday, April 29, 2021 2:09:52 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
littledove wrote:
Ebenyo wrote:
littledove wrote:
Nation Media Group [@NationMediaGrp] 2020 Results:

- Revenue down 25% to Ksh 6.8B
- Profit after tax down 94% to Ksh 47.9 m
- Earnings Per Share Ksh 0.2 [2019: Ksh 4.5]
- No dividend recommended [2019: 1.5 (Interim)]



No surprise at all.This was expected.The only news investors are waiting is how the sharebuck will be implemented.

will they buy directly from the market? personally i dont think so, possibly they will do what liberty insurance did, but i may be wrong



How did liberty do it?
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littledove
#189 Posted : Thursday, April 29, 2021 4:27:54 PM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
Ebenyo wrote:
littledove wrote:
Ebenyo wrote:
littledove wrote:
Nation Media Group [@NationMediaGrp] 2020 Results:

- Revenue down 25% to Ksh 6.8B
- Profit after tax down 94% to Ksh 47.9 m
- Earnings Per Share Ksh 0.2 [2019: Ksh 4.5]
- No dividend recommended [2019: 1.5 (Interim)]



No surprise at all.This was expected.The only news investors are waiting is how the sharebuck will be implemented.

will they buy directly from the market? personally i dont think so, possibly they will do what liberty insurance did, but i may be wrong



How did liberty do it?

they approached big shareholders and bought at a premium

"Liberty Holdings entered into a sale of shares agreement with KFAMF Sellers and Coronation Sellers on March 4, 2021, and each of the sellers accepted Liberty’s offer to acquire the ordinary shares at a cost of KSh11 per share. Liberty Kenya shares traded at KSh7.70 at the close of yesterday’s trading, March 4, 2021.

Liberty Holdings said that it does not plan to acquire 100% ownership in Liberty Kenya and that the stock will continue trading at the Nairobi Securities Exchange after the partial acquisition. The deal is subject to regulatory approval from all relevant authorities."
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Ericsson
#190 Posted : Friday, April 30, 2021 9:39:58 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Angelica _ann wrote:
littledove wrote:
Ebenyo wrote:
littledove wrote:
Nation Media Group [@NationMediaGrp] 2020 Results:

- Revenue down 25% to Ksh 6.8B
- Profit after tax down 94% to Ksh 47.9 m
- Earnings Per Share Ksh 0.2 [2019: Ksh 4.5]
- No dividend recommended [2019: 1.5 (Interim)]



No surprise at all.This was expected.The only news investors are waiting is how the sharebuck will be implemented.

will they buy directly from the market? personally i dont think so, possibly they will do what liberty insurance did, but i may be wrong


50M profit (only)smile


2020 revenues are at 2006/7 levels.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ebenyo
#191 Posted : Friday, April 30, 2021 8:00:02 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
https://www.businessdail...-loss-territory-3382636

So it seems the digital monetization efforts are bearing fruit.Standard media group made a loss while NMG made a small profit.
So www.nation.africa is holding some promise after all.Lets wait and see HY 2021 results how it will be.
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Ali Baba
#192 Posted : Friday, April 30, 2021 8:37:22 PM
Rank: Member


Joined: 8/29/2008
Posts: 571
Ebenyo wrote:
https://www.businessdailyafrica.com/bd/corporate/companies/tv-digital-products-pull-nmg-from-loss-territory-3382636

So it seems the digital monetization efforts are bearing fruit.Standard media group made a loss while NMG made a small profit.
So www.nation.africa is holding some promise after all.Lets wait and see HY 2021 results how it will be.
NMG is dead. Sell your shares while you can. Or maybe NMG should become a technology company and newspapers be damned!!
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VituVingiSana
#193 Posted : Friday, April 30, 2021 8:40:14 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Ebenyo wrote:
https://www.businessdailyafrica.com/bd/corporate/companies/tv-digital-products-pull-nmg-from-loss-territory-3382636

So it seems the digital monetization efforts are bearing fruit.Standard media group made a loss while NMG made a small profit.
So www.nation.africa is holding some promise after all.Lets wait and see HY 2021 results how it will be.

NMG > Standard Group for years.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#194 Posted : Saturday, May 01, 2021 6:55:46 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Ericsson wrote:
Ebenyo wrote:
Metch wrote:
lochaz-index wrote:
Sufficiently Philanga....thropic wrote:

The capital erosion here is mind boggling.
Never seen a stock nosedive at such an alarming rate.
bids now at 8.50Pray Pray Pray

Whoa! Are they still paying dividends? This share raced down past SGL and is now trading at almost a third of it. If the market is a discounting mechanism, then there is something horrendously wrong with this one. The collapse is eerily reminiscent of ARM. Hell of a beating.


NMG is in a sharp bounce. Will it sustain?
HY results loading


Any good news or is it just speculation?


HY loss before tax at Ksh.328mn


Second half Profit before tax ksh.447mn
FY2020 Profit before tax ksh.119mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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cnn
#195 Posted : Saturday, May 29, 2021 11:19:39 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed
to shareholders at the next AGM.
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Angelica _ann
#196 Posted : Saturday, May 29, 2021 12:07:00 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
cnn wrote:
Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed
to shareholders at the next AGM.


25bob Laughing out loudly Laughing out loudly Laughing out loudly
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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Ebenyo
#197 Posted : Saturday, May 29, 2021 3:43:30 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Angelica _ann wrote:
cnn wrote:
Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed
to shareholders at the next AGM.


25bob Laughing out loudly Laughing out loudly Laughing out loudly



Imagine my ABP is 49.I worked it down from initial 110.
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Ericsson
#198 Posted : Saturday, May 29, 2021 4:18:24 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Ebenyo wrote:
Angelica _ann wrote:
cnn wrote:
Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed
to shareholders at the next AGM.


25bob Laughing out loudly Laughing out loudly Laughing out loudly



Imagine my ABP is 49.I worked it down from initial 110.

That one you will have to wait for a long time to recoup your money
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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cnn
#199 Posted : Saturday, May 29, 2021 5:08:01 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
Angelica _ann wrote:
cnn wrote:
Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed
to shareholders at the next AGM.


25bob Laughing out loudly Laughing out loudly Laughing out loudly

And to think some time back it made me money from the ksh 240s price range.
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Ericsson
#200 Posted : Saturday, May 29, 2021 10:52:09 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
cnn wrote:
Angelica _ann wrote:
cnn wrote:
Buy back for 10% of issued NMG shares at maximum ksh 25 to be proposed
to shareholders at the next AGM.


25bob Laughing out loudly Laughing out loudly Laughing out loudly

And to think some time back it made me money from the ksh 240s price range.

You made good money
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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