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NMG HY 2017 Results
Ericsson
#1 Posted : Wednesday, July 26, 2017 1:38:34 PM
Rank: Elder


Joined: 12/4/2009
Posts: 4,929
Location: NAIROBI
H1 results up by 2.3% to Ksh1.2bn
Digital revenues up by 54%
Strong performance by ntvkenya
Interim dividend Ksh2.50

http://www.businessdaily...32834-o9y6wsz/index.html
watesh
#2 Posted : Thursday, July 27, 2017 1:29:05 PM
Rank: Member


Joined: 8/10/2014
Posts: 669
Location: Kenya
I wish they could expound on profit margins on each division....
obiero
#3 Posted : Thursday, July 27, 2017 3:09:22 PM
Rank: Elder


Joined: 6/23/2009
Posts: 9,376
Location: nairobi
watesh wrote:
I wish they could expound on profit margins on each division....

That would be nice but not very necessary
DISCLAIMER: @obiero, MBA-MIS, CISA. Opinionated, owner of www.winda.co.ke. Aims to be factual and logical..
Ericsson
#4 Posted : Monday, July 31, 2017 12:12:37 AM
Rank: Elder


Joined: 12/4/2009
Posts: 4,929
Location: NAIROBI
Performance of Business Segments

Its broadcasting division posted an impressive performance with NTV Kenya revenue growing by 18%. Digital media revenue grew by 54% despite contributing to less than 5% of its total revenues.

Revenues from the company’s most successful product, The Daily Nation fell by 7%,
Business Daily revenue was down 3% while those from The East African newspaper were down by a significant 21%.
murchr
#5 Posted : Monday, July 31, 2017 10:48:25 PM
Rank: Elder


Joined: 2/26/2012
Posts: 12,948
Ericsson wrote:
Performance of Business Segments

Its broadcasting division posted an impressive performance with NTV Kenya revenue growing by 18%. Digital media revenue grew by 54% despite contributing to less than 5% of its total revenues.

Revenues from the company’s most successful product, The Daily Nation fell by 7%,
Business Daily revenue was down 3% while those from The East African newspaper were down by a significant 21%.


Nation had a very good product N-soko, but they werent able to pull it off.
"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
.
sparkly
#6 Posted : Tuesday, August 01, 2017 7:05:25 AM
Rank: Elder


Joined: 9/23/2009
Posts: 6,027
Location: Enk are Nyirobi
Ericsson wrote:
Performance of Business Segments

Its broadcasting division posted an impressive performance with NTV Kenya revenue growing by 18%. Digital media revenue grew by 54% despite contributing to less than 5% of its total revenues.

Revenues from the company’s most successful product, The Daily Nation fell by 7%,
Business Daily revenue was down 3% while those from The East African newspaper were down by a significant 21%.


Death of print
Life is short. Live passionately.
Ebenyo
#7 Posted : Tuesday, August 01, 2017 9:47:23 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,233
Location: Kitale
[quote=Ericsson]H1 results up by 2.3% to Ksh1.2bn
Digital revenues up by 54%
Strong performance by ntvkenya
Interim dividend Ksh2.50

http://www.businessdaily...2834-o9y6wsz/index.html[/quote]


would you pliz post a link to the full results?
Dont work for money.Let your money work for you.
Ericsson
#8 Posted : Tuesday, August 01, 2017 10:47:16 AM
Rank: Elder


Joined: 12/4/2009
Posts: 4,929
Location: NAIROBI
Ebenyo wrote:
[quote=Ericsson]H1 results up by 2.3% to Ksh1.2bn
Digital revenues up by 54%
Strong performance by ntvkenya
Interim dividend Ksh2.50

http://www.businessdaily...2834-o9y6wsz/index.html[/quote]


would you pliz post a link to the full results?


http://www.nationmedia.c...esentation-26-7-2017.pdf
chiaroscuro
#9 Posted : Tuesday, August 01, 2017 10:55:32 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,011
Location: Nairobi
sparkly wrote:
Ericsson wrote:
Performance of Business Segments

Its broadcasting division posted an impressive performance with NTV Kenya revenue growing by 18%. Digital media revenue grew by 54% despite contributing to less than 5% of its total revenues.

Revenues from the company’s most successful product, The Daily Nation fell by 7%,
Business Daily revenue was down 3% while those from The East African newspaper were down by a significant 21%.


Death of print


I haven't been too keen on this; but, didn't they buy a new printing press recently? And now watch print revenues dropping all over the place!
Ebenyo
#10 Posted : Tuesday, August 01, 2017 10:58:07 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,233
Location: Kitale
chiaroscuro wrote:
sparkly wrote:
Ericsson wrote:
Performance of Business Segments

Its broadcasting division posted an impressive performance with NTV Kenya revenue growing by 18%. Digital media revenue grew by 54% despite contributing to less than 5% of its total revenues.

Revenues from the company’s most successful product, The Daily Nation fell by 7%,
Business Daily revenue was down 3% while those from The East African newspaper were down by a significant 21%.


Death of print


I haven't been too keen on this; but, didn't they buy a new printing press recently? And now watch print revenues dropping all over the place!



Now that they have embraced technology,going forward they will do well.
Dont work for money.Let your money work for you.
Pesa Nane
#11 Posted : Tuesday, August 08, 2017 6:52:50 PM
Rank: Elder


Joined: 5/25/2012
Posts: 3,736
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Ebenyo
#12 Posted : Monday, August 21, 2017 4:32:59 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,233
Location: Kitale
Ericsson wrote:
[quote=Ebenyo][quote=Ericsson]H1 results up by 2.3% to Ksh1.2bn
Digital revenues up by 54%
Strong performance by ntvkenya
Interim dividend Ksh2.50

http://www.businessdaily...2834-o9y6wsz/index.html[/quote]


would you pliz post a link to the full results?


http://www.nationmedia.c...sentation-26-7-2017.pdf[/quote]

thanks ericson.these were good results.They should concetrate so much on growing digital revenues and things will be better.
Dont work for money.Let your money work for you.
Ericsson
#13 Posted : Wednesday, December 06, 2017 1:56:07 PM
Rank: Elder


Joined: 12/4/2009
Posts: 4,929
Location: NAIROBI
After less than three years on the job. Joe Muganda, the CEO of Nation Media Group (NMG) is leaving the company to take a new role at Vivo Energy as MD

http://kenyanwallstreet....-new-job-vivo-energy-ceo
VituVingiSana
#14 Posted : Wednesday, December 06, 2017 2:50:23 PM
Rank: Chief


Joined: 1/3/2007
Posts: 14,291
Location: Nairobi
[quote=Ericsson]After less than three years on the job. Joe Muganda, the CEO of Nation Media Group (NMG) is leaving the company to take a new role at Vivo Energy as MD

http://kenyanwallstreet....new-job-vivo-energy-ceo[/quote]
What do the hiring firms see in these CEOs?
How has NMG done under Muganda?
How has Uchumi done under Kipngetich?

Where is the new blood?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
murchr
#15 Posted : Wednesday, December 06, 2017 5:28:55 PM
Rank: Elder


Joined: 2/26/2012
Posts: 12,948
Ericsson wrote:
After less than three years on the job. Joe Muganda, the CEO of Nation Media Group (NMG) is leaving the company to take a new role at Vivo Energy as MD

http://kenyanwallstreet....new-job-vivo-energy-ceo


Good riddance! I hope the new person will have the balls to get rid of the Kaikais of this world. There can be no change with that crop of 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
.
Ebenyo
#16 Posted : Thursday, December 07, 2017 6:22:39 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,233
Location: Kitale
[quote=Ericsson]After less than three years on the job. Joe Muganda, the CEO of Nation Media Group (NMG) is leaving the company to take a new role at Vivo Energy as MD

http://kenyanwallstreet....new-job-vivo-energy-ceo[/quote]


The digital revenues had started to grow.The one who replaces him must ensure the continues growth in that regard.
Dont work for money.Let your money work for you.
Pesa Nane
#17 Posted : Saturday, December 16, 2017 6:32:16 PM
Rank: Elder


Joined: 5/25/2012
Posts: 3,736
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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