Stock Name: NESTLE
Company Name: NESTLE (M) BHD
Target RM48.30
Nestle's 4Q11 briefing revealed a surprise 5-6% increase in Milo's price. But we do not expect fatter margins from this as Nestle has to contend with higher raw material prices and a possible increase in A&P costs for its 100th anniversary.
Source: CIMB Daybreak February 27, 2012, FULL PDF Report
Company Name: NESTLE (M) BHD
| Research House: CIMB | Price Call: SELL | Target Price: 48.30 |
Target RM48.30
Nestle's 4Q11 briefing revealed a surprise 5-6% increase in Milo's price. But we do not expect fatter margins from this as Nestle has to contend with higher raw material prices and a possible increase in A&P costs for its 100th anniversary.
Source: CIMB Daybreak February 27, 2012, FULL PDF Report
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