[New post] KE: Nestle Malaysia – SELL TP RM103.35

alanyeo posted: " 3Q21 results: In-line Maintain SELL with unchanged DCF-TP of MYR103.35 NESZ's 3Q21 results were in line with our/consensus expectations. We expect sales momentum to remain strong going forward, benefitting from higher consumer mobility and year-end" New post on Alpha Edge Investing KE: Nestle Malaysia – SELL TP RM103.35 by alanyeo 3Q21 results: In-line Maintain SELL with unchanged DCF-TP of MYR103.35 NESZ's 3Q21 results were in line with our/consensus expectations. We expect sales momentum to remain strong going forward, benefitting from higher consumer mobility and year-end festive celebrations. No change to our earnings estimates pending NESZ's analyst briefing today. Maintain SELL with an unchanged DCF-TP of […] Read more of this post alanyeo | November 3, 2021 at 5:05 pm | Tags: Nestle Malaysia | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-5PX Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2021/11/03/ke-nestle-malaysia-sell-tp-rm103-35-2/