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 Nestle below RM70, lowest in 10y, EPF keep buying, confused...

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littlegamer
post Mar 10 2025, 12:58 PM

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Epf please buy more, is a good call.
yehlai
post Mar 10 2025, 12:59 PM

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QUOTE(soul78 @ Mar 10 2025, 12:47 PM)
weird indeed... this really doesnt make sense...

Even my awesome TA, indicator still showing continuous drop without end.. why buy soo early??..
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Yes, from TA it looks very bad.. looks like falling knife

This post has been edited by yehlai: Mar 10 2025, 01:16 PM
Aparaa
post Mar 10 2025, 01:00 PM

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Might be averaging down.
yehlai
post Mar 10 2025, 01:00 PM

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QUOTE(littlegamer @ Mar 10 2025, 12:58 PM)
Epf please buy more, is a good call.
*
You got any news on their revenue?
FlamingFox
post Mar 10 2025, 01:03 PM

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Meanwhile, its holding company Nestle SA (in Switzerland) starts to show an uptrend. Is this a signal to something about to uncover in Malaysia?
nelson969
post Mar 10 2025, 01:04 PM

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buying nestle stock is blue chip yo, commonly i know ppl who buy this are old boomer / boomer mindset one

the concept is , necessary product / service are essential in the economy recession , so the stock wont die.
iGamer
post Mar 10 2025, 01:06 PM

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All in at RM50
yehlai
post Mar 10 2025, 01:07 PM

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QUOTE(FlamingFox @ Mar 10 2025, 01:03 PM)
Meanwhile, its holding company Nestle SA (in Switzerland) starts to show an uptrend. Is this a signal to something about to uncover in Malaysia?
*
Not only Nestle... you find some of their competitors
also hv similar trend

2023-2024 they hit by Semaglutide mania
now seems like fading

This post has been edited by yehlai: Mar 10 2025, 01:11 PM
buysellaccount
post Mar 10 2025, 01:08 PM

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Can't go wrong with Nestle

Jew run company and has been purchasing and accumulating water rights in various countries
littlegamer
post Mar 10 2025, 01:09 PM

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QUOTE(yehlai @ Mar 10 2025, 01:00 PM)
You got any news on their revenue?
*
Nope.

Dont know what cause the dip. But I'm pretty sure human gonna eat.
yehlai
post Mar 10 2025, 01:14 PM

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QUOTE(nelson969 @ Mar 10 2025, 01:04 PM)
buying nestle stock is blue chip yo, commonly i know ppl who buy this are old boomer / boomer mindset one

the concept is , necessary product / service are essential in the economy recession , so the stock wont die.
*
Remember.. Nokia, Motorola, IBM also used to be blue chip
nothing last forever
if fundamental changed.. better recalibrate
diffyhelman2
post Mar 10 2025, 01:15 PM

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Consumer staples. This is the kind of stock Buffett will buy hand over fist at times like this
diffyhelman2
post Mar 10 2025, 01:16 PM

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QUOTE(yehlai @ Mar 10 2025, 01:14 PM)
Remember.. Nokia, Motorola, IBM also used to be blue chip
nothing last forever
if fundamental changed.. better recalibrate
*
Those are tech company subject to obsolescence. Another reason Buffett avoids tech.
icemanfx
post Mar 10 2025, 01:20 PM

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During minions boycott, BMX didn't standup for businesses. Plus rise in minimum wages, etc. Many mnc are relocating their production to Thailand.

This post has been edited by icemanfx: Mar 10 2025, 01:21 PM
darosha
post Mar 10 2025, 01:20 PM

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QUOTE(Atrocious @ Mar 10 2025, 12:53 PM)
Ask y'all support & eat Maggi, y'all say Korean noodles nicer to eat..
*
nobody eating maggi anymore
even cheapskate eating indomee or other indon brand
soulz69
post Mar 10 2025, 01:24 PM

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Manuk1188
post Mar 10 2025, 01:28 PM

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maybe because halal ? console.gif
fantasy1989
post Mar 10 2025, 01:29 PM

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s[H]sIkuA
post Mar 10 2025, 01:29 PM

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funnybone
post Mar 10 2025, 01:32 PM

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Nestle, best dividend stock still brows.gif
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