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

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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
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Those are tech company subject to obsolescence. Another reason Buffett avoids tech.
diffyhelman2
post Mar 10 2025, 01:41 PM

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QUOTE(premier239 @ Mar 10 2025, 01:35 PM)
dun simply stuck up shit to Buffett lettew

Nestle Msia has indeed faced a fundamental shift, alot of ppl are seriously able to live off without it, due to abundance of alternative brands

the "indestructible Nestle" story we had decades ago no longer applicable
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for consumer staples, scale matters... eventually the suppliers boil down to a few consolidated mega corps. those alternative brands...eventually will also consolidate and be bought over, or get "investement".

 

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