Nestle (Malaysia) Berhad is an investment holding company. The Company has two segments: Food and beverages and Others, which include Nutrition and Nestle Professional. Its products are categorized into coffee and beverages, culinary aids/prepared foods, milks, liquid drinks, junior foods, breakfast cereals, chilled dairy, ice cream, chocolate and confectionery, healthcare nutrition, performance nutrition and Nestle professional. The Company is the regional manufacturer for infant cereal. The Company's subsidiaries include Nestl Products Sdn. Bhd., Nestle Manufacturing (Malaysia) Sdn. Bhd., Nestle Asean (Malaysia) Sdn. Bhd. and Nestle Foods (Malaysia) Sdn. Bhd.
GGmalaysiabefore it reach RM100, I'm sure it will touches RM60. it's my own opinion, current price is ok to buy, but at sometimes, when market sentimental has gone bad, anything could be possible. overall it is safe to buy consumer goods
untungYup..n how many people never heard or taken nescafe, milo or maggi mee before? Solid company..n most imp is its keep expanding..
Solsc5079Is it possible to get higher return than Bank Rate. F.D. of say 4% , calculated by the amount of money invested ?
tbm65possible due to stable and sustainable for long term hoding
johnny cashAn undervalued brand Nestle’s earnings have been resilient to economic downturns in the past. We believe that it will continue to deliver strong earnings, thanks to its solid management, strong brand name and necessity products.
We increase our conservative long-term growth assumption in our DCF-based valuation, which raises our target price. At our new target price, Nestle is valued at 28.5x CY15 P/E, 15% discount to Nestle India which we think is fair after considering that Malaysia is lack of investable consumer stocks and given its slower earnings growth but stronger ROE. We also think that it should trade at least on par with F&N Holdings although it has higher beta. We upgrade the stock from Hold to Add as we think that the stock is undervalued currently. Sailed through ups and downs Nestle’s net profit has been growing almost consistently since 2005, thanks to its strong global brand name and large market share in Malaysia. Although its 1QFY14 net profit dropped 0.5% yoy, the drop was due to a timing difference in A&P expenses incurred and not a cause for concern. Furthermore, domestic demand for its products remained strong and was its sole topline growth (+3.7% yoy) driver in 1QFY14 as export sales weakened on lower sales to affiliates. Resilience should stay Based on its solid track record, we are confident that it will continue to deliver good results, even during tough times. Nestle has a strong brand name and sells necessities which should be least affected by any slowdown in consumer spending. To boost sales, Nestle will continue to invest heavily in its branding and market positioning. Its A&P focus will shift from television advertising to digital platforms as consumers now spend more time on digital devices than in front of the television. Capex to peak this year Nestle will be spending about RM280m on capex this year, with the bulk going to its new Sri Muda manufacturing plant. This ready-to-drink manufacturing plant is set to start operations at the end of the year. The company is also adding capacity at its other manufacturing plants for Kit Kat and noodles to cater to strong domestic demand for such products. These plans are on track for completion by 1H14. After its huge capex commitment this year, Nestle guided that its 2015 capex will be lower.