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Nation Media Group, 1H 2014 at last - B-flat
muganda
#1 Posted : Thursday, August 28, 2014 4:40:54 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Alright so NMG finalllyyyy share the old news. Everything about the divisions is positive, so what's the issue?

Revenues:
Digital +10%

Operating profits:
NTV +131%
Business Daily +80%
Mwananchi Tz +50%
Rwanda +25%

I'll tell you what's up... it's Nation Newspapers operating profit up 1% and that Digital. That's why EPS remains at 6.03 and dividend at 2.50.

Some would say it's because last year was an election year. Anyways link http://t.co/hYI7GfLeY6

murchr
#2 Posted : Thursday, August 28, 2014 4:57:30 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Not bad, and that was expected gazeti as we knw it is not a money maker now. I see an increase on int div
"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
.
muganda
#3 Posted : Monday, September 01, 2014 4:13:28 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Interesting start of interview: http://www.cnbcafrica.com/video/?bctid=3506871377001

CEO: 'I focussed my presentation on showing the underlying business. The print business grew by double digits; our tv business grew by double digits, our radio business grew by double digits; and our digital business grew by triple digits'
Interviewer: 'So what is the disconnect?' smile

He says the problem is they provided from government debts from IEBC and the like after 90 days. Government related debt way above 300m which would have been a 17% growth.

But he says now is the time for consolidation.

Mart_Consult
#4 Posted : Tuesday, February 17, 2015 3:28:53 PM
Rank: Member

Joined: 11/7/2013
Posts: 127
Location: Nairobi, Kenya
What's the effect with this whole digital migration debacle playing out?
I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
mlennyma
#5 Posted : Tuesday, February 17, 2015 3:49:12 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Mart_Consult wrote:
What's the effect with this whole digital migration debacle playing out?

it depends on how quickly they fix the dispute
"Don't let the fear of losing be greater than the excitement of winning."
murchr
#6 Posted : Tuesday, February 17, 2015 5:33:41 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
mlennyma wrote:
Mart_Consult wrote:
What's the effect with this whole digital migration debacle playing out?

it depends on how quickly they fix the dispute


I hope AKDN is in the process of changing the current board and management.
"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
.
muganda
#7 Posted : Tuesday, February 17, 2015 5:59:55 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
mlennyma wrote:
Mart_Consult wrote:
What's the effect with this whole digital migration debacle playing out?

it depends on how quickly they fix the dispute


Nation Media Group have unwittingly enjoined their shareholders in a 'cause'. First it was Uganda (TV), then Tanzania (EA newspaper), now Kenya (TV). All against governments!

They just seriously need to fire and hire their Corporate Affairs head/team. These causes, do you think they yield shareholder value? In media of all places: an industry in overhaul world over Sad

Now Vodafone, there's a company that knows how to wangle their way around regulators and governments.

sparkly
#8 Posted : Tuesday, February 17, 2015 6:13:44 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
muganda wrote:
Interesting start of interview: http://www.cnbcafrica.com/video/?bctid=3506871377001

CEO: 'I focussed my presentation on showing the underlying business. The print business grew by double digits; our tv business grew by double digits, our radio business grew by double digits; and our digital business grew by triple digits'
Interviewer: 'So what is the disconnect?' smile

He says the problem is they provided from government debts from IEBC and the like after 90 days. Government related debt way above 300m which would have been a 17% growth.

But he says now is the time for consolidation.



Is it "government" debt or "political" debt?
Govt does not default but if you ran adverts for RAO in 2013/4 that's another matter.
Life is short. Live passionately.
muganda
#9 Posted : Tuesday, February 24, 2015 8:02:01 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
The rout continues ...

On Tuesday, Nation Media Group (NMGK:NAI) closed at 258.00, 12.17% above the 52 week low of 230.00 set on Dec 22, 2014.
jwatesh
#10 Posted : Tuesday, February 24, 2015 9:25:03 PM
Rank: Member

Joined: 8/19/2014
Posts: 125
Everyday millions of tv revenue lost
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