A few things to remember before cutting lost:
1. The worst thing can happen is money trapped in this counter still able to earn above FD % dividends.
2. In current market sentiment, do you have other sure win counter to earn your money back? If yes then cut loss.
3. With unending and worsening 1mdb saga plus the probability of FED rate hike, do you foresee ringgit will recover?
4. As pointed out by Harry Teo, their forex rate is taken on the last day of the quarter, 31 March at 3.90. If the rate on 30 June is higher than 3.9, forex loss will turn into forex gain.
5. Forex loss recorded in 1Q2016 is unrealised and the company actually increases its cash flow.

Stay calm and make wise decisions

Looked through the trading data from M2U and most sellers sold tens of lots to 500 lots, which are just around 100-150k. KYY's holding is in the millions.

One thing this company stood out among the rest is cost-saving measures. Go to their website you can see there's no fancy office building. No fancy colour-printed annual reports. Thus explain their cash rich with no debt position. Buffett looks highly on this quality and said if comparing between 2 companies, go for the one with black and white annual reports. :)

well said popo

Nestlé Malaysia Berhad's shareholders FB group is up. Come and join us if you are one.

https://www.facebook.com/groups/471264223068628/

Looking forward 10 yrs from now, will anyone still be smoking BAT cigarettes? Perhaps lesser due to vaping & contraband.

Will anyone still be drinking Milo, eating Maggi & drinking Nescafe? You bet.

hot weather = cold drinks = higher sales

Only consumer defensive is reliable now... Nestle, HEIM, Carlsbrg, Aji, Dlady and F&N

Par value has no relation to the market value of a stock. A no par value stock can still trade for tens or hundreds of dollars - it all depends on what the market feels the company is worth.

Read more: Why would a stock have no par value? | Investopedia http://www.investopedia.com/ask/answers/106.asp#ixzz472dHfk49
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Thanks for sharing. I always enjoy reading AGM report.

Which stock has ROE of 300% like Digi? Keep selling and I'll wait at the bottom.

Is EPF acquiring any stocks? They seem to be disposing everything.... short of cash?

LoA = letter of appointment I think

True. Just check against SGD to see if RM really strengthens. From RM 3.00/SGD to now RM 2.90 is only 3.33% strengthening.

Currently trading 0.73 to book value at 2.19. PE baru 4.06
Buy buy buy