It will reach rm 9.20 in 3 weeks time....go buy now

To all those noobs who claim the stock is overvalued and always looking solely on reports alone that the stock is priced at only 90 bucks please read this.

https://www.investopedia.com/ask/answers/021315/what-does-it-mean-if-shares-market-value-significantly-higher-its-book-value-common-share.asp

NESTLE will keep increasing, at least until after the elections. Reasons:-
1) EPF is a substantial shareholder. Pumping money into the market in improving liquidity before elections by government to encourage spending expenditure and market sentiments is normal.
2) Ringgit is growing stronger especially due to elections, at least up to June. There will be likely be more economic robusity this year up till June. Cost of import reduced significantly. Monitor the Ringgit if you want to play this counter.
3) Government offering various incentives for public support eases market spending, especially for necessity goods, largely dominated by Nestle in food and beverages
4) Nestle HQ announced that new procedures to reduce expenditure worldwide, including Malaysia increase profits trmendously.

In my opinion, Nestle will up to at least RM140 by JUNE 2018.

Go buy now