stock down in nifty rally-any news?...
Dec `04 Dec `05 Dec `06 Dec `07 Dec `08
Earnings Per Share26.13 32.11 32.68 42.92 55.39
Book Value 33.13 36.73 40.33 43.40 49.09...
Dec qr profit of Nestle is due to one time provision for employee cost ( approx Rs 40 cr) and due to higher sales promotion expenses by about Rs 40 cr. If we add Rs 80 CR to profit, the results would have been spectacular.
Results of March quarter would be again excellent and prices will again touch Rs 2800/-DO not sell NESTLE.It is top grade management .It has delivered consistent growth for 11 quarters and hence set back in one quarter should not be a cause for alarm. EPS for next year should be in range 80-90 with about25%-30% growth in net profits....
I think fair value for nestle is 1500-1600..around 20-22 times is fair enough for a growth of 15-20%...anything more than is over priced..sell..expect a substantial correction..should settle around 1800-2000...
The risk to the bottom line from high inflation to nestle`s bottom line is visible in the last quarter..sugar, milk, wheat..until the food inflation cools down,there are some very real risks to the bottom line..passing the costs is not easy as it risks affecting your competitive position..stock will remain weak for some time..expect level of 2000-2200 shortly.....
will tank further in the coming days-sell...
Q4 has been really weak..drop in profits is surprising..might lose 5-10% this week.....
No bonus..all hype..stock will come down to 2000..overpriced stock.....
No big cheer-a dampener of results-NP down 6%-div is peanuts looking at the price-better to exit...
BSE Announcements on Nestle
Posted by :
MMB MessengerNestle India Ltd has informed BSE regarding a Press Release dated February 19, 2010 titled "Nestle Delights Consumers Sustains Strong and Healthy Growth" ...
BSE Announcements on Nestle
Posted by :
MMB MessengerNestle India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from April 27, 2010 to April 28, 2010 for the purpose of Annual Book Closure and for determining the entitlement of shareholders to the Final Dividend for the year 2009. ...
BSE Announcements on Nestle
Posted by :
MMB Messenger
Nestle India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 19, 2010, inter alia, has :
1. Recommended a final dividend for 2009 of Rs. 12.50 per equity share, for approval of the shareholders.
2. Proposed amendment in the Articles of Association of the Company for appointment of Additional Directors by the Board of Directors; and
3. Convened the Fifty first Annual General Meeting of the Company on April 21, 2010. ...
BSE Announcements on Nestle
Posted by :
MMB Messenger
Nestle India Ltd has announced the following results for the quarter & year ended December 31, 2009:
The Unaudited results for the Quarter ended December 31, 2009
The Company has posted a net profit of Rs 1129.20 million for the quarter ended December 31, 2009 as compared to Rs 1210.90 million for the quarter ended December 31, 2008. Total Income has increased from Rs 11030.10 million for the quarter ended December 31, 2008 to Rs 13623.50 million for the quarter ended December 31, 2009.
The Audited results for the Year ended December 31, 2009
The Company has posted a net profit of Rs 6550.00 million for the Year ended December 31, 2009 as compared to Rs 5340.80 million for the Year ended December 31, 2008. Total Income has increased from Rs 43581.30 million for the Year ended December 31, 2008 to Rs 51671.70 million for the Year ended December 31, 2009. ...
Nestle India has announced its third quarter results. The company`s Q3 net profit was at Rs 113 crore.
Its net sales were at Rs 1,352 crore.
The company`s trailing 12-month (TTM) EPS was at Rs 68.78 per share. (Sep, 2009)
The stock`s price-to-earnings (P/E) ratio stands at 38.42....
u will get div not bonus:lets c tomm -c the hammering castrol got on 1/1 bonus and div of 150%-lets hope that is not repeated...


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