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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » NESTLE LANKA PLC (NEST.N0000)

NESTLE LANKA PLC (NEST.N0000)

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141NESTLE LANKA PLC (NEST.N0000) - Page 8 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Feb 29, 2020 3:54 am

vikiperera


Manager - Equity Analytics
Manager - Equity Analytics
Nestle to expand presence in Lanka




10 February, 2019

0
Facebook Twitter Email Facebook Messenger WhatsApp Viber
[size]
BY SANJEEVI JAYASURIYA
[/size]
Business


NESTLE LANKA PLC (NEST.N0000) - Page 8 Z_p40-Nestle

The packing section Picture by Saliya Rupasinghe

Nestle Sri Lanka is in the process of expanding its presence in the country and to this end will create awareness regarding our top brands to ensure the customers make an informed decision regarding their food intake, Managing Director Nestle Sri Lanka Fabrice Cavallin said at the launch of the transparency campaign by the company last week at its factory premises in Pannala, Kurunegala.
“We are a multi-national company and always look forward to connect customers with our products. Our aim is to raise the quality of life and we are working towards achieving this goal. We have a substantial number of employees as well as 250 brands and the company has been in operation for over 110 years,” he said.
The company is one of the largest private sector milk collectors in the country and they help the milk farmers to uplift their living standards by providing continuous support to maintain livelihood. The company is also the largest exporter of coconut milk powder. With the state-of-art factor at Pannala, the company was able to produce quality and high standard products to the local market, he said.
We conduct training and education programs to our farmer network to enable them to have sustainable income and better output. The coconut plan have enable hybrid and better resilient products to face climate change. The efficient systems have enable to save energy by 42 percent, water by 39 percent and reducing green house by 39 percent which help to preserve the environment.
The company products are better geared and inspired people to have healthier lives which also have food transparency, promoting healthy diet and lifestyles which are a big issue at present. Lack of physical activities and knowledge regarding healthy life styles is a drawback to maintain improved health status, he said.


Sri Lanka is an important market and we want to make strong presence in this country, he said.
“The multi product factory started from producing milk 35 years ago has gain the confidence of the milk farmers . Ninety percent of the Nestle products produced at the product lines are sold in Sri Lanka. The company has achieved zero waste for disposal. There are more than 220 ingredient quality checks carried out daily and more than 300 quality checks from ingredients and production to packaging are carried out,” Factor Manager Nestle Thomas Muller said.
There are three lines of defense to prevent foreign bodies entering the products. We have state-of-the art equipment to ensure quality and safety. The company is ISO certified ensuring compliance with international standards and also SLS certified to ensure compliance with local standards. The premier brand Maggi was introduced to the local market since 1993 and is fast gaining popularity. With this product, we also provide a market place for the local spice producers which have become a part in the supply chain, he said.

142NESTLE LANKA PLC (NEST.N0000) - Page 8 Empty Re: NESTLE LANKA PLC (NEST.N0000) Sat Feb 29, 2020 3:30 pm

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics
@Teller wrote:If i have a chance to buy it 850 levels, ill buy it

I think @Teller 850 also expensive

143NESTLE LANKA PLC (NEST.N0000) - Page 8 Empty WHY NEST.N SHARE STAGNATED Mon Jun 22, 2020 3:02 pm

hettdas


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I have noticed Nestle shares stagnated for long time. I remember it went upto 2400+. Those days this share went up daily by Rs 25-50.  But now it is around 1100.
Due to corona It went down to 1000. But compare to sampath , commercial ,HNB,CFVF , NEST went up only 10%. still they pay a good dividend also.
Can someone explain why this is under performing...

144NESTLE LANKA PLC (NEST.N0000) - Page 8 Empty Re: NESTLE LANKA PLC (NEST.N0000) Mon Jun 22, 2020 6:37 pm

kuk83


Manager - Equity Analytics
Manager - Equity Analytics
It is overvalued at current price.There are lot of discounted blue chips than this in current market.

145NESTLE LANKA PLC (NEST.N0000) - Page 8 Empty Re: NESTLE LANKA PLC (NEST.N0000) Tue Jun 23, 2020 10:38 pm

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
This is a hidden jem . When  the time comes it will run it's own way

hettdas likes this post

146NESTLE LANKA PLC (NEST.N0000) - Page 8 Empty Re: NESTLE LANKA PLC (NEST.N0000) Wed Jun 24, 2020 9:10 am

chathura123


Manager - Equity Analytics
Manager - Equity Analytics
Yes. It is a huge company now there is limited chance of expansion in Srilanka they spreader all over country and captured market leader in 80% of its products range.
Problem ? there is no space to expand /product development.
Prima vs Nestle
Fonterra vs Nestle
These dairy FMCG run by big multinationals but if you invested earlier like 2008 this will be a wise investment

147NESTLE LANKA PLC (NEST.N0000) - Page 8 Empty Re: NESTLE LANKA PLC (NEST.N0000) Wed Jun 24, 2020 11:15 am

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Bakka1988 wrote:This is a hidden jem . When  the time comes it will run it's own way

Yes. I also think this would make a rally soon.

148NESTLE LANKA PLC (NEST.N0000) - Page 8 Empty Re: NESTLE LANKA PLC (NEST.N0000) Wed Jun 24, 2020 11:40 am

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@vikiperera wrote:
@Teller wrote:If i have a chance to buy it 850 levels, ill buy it
Sorry you will never ever

Even COVID 19 situation It didn't go down below 985 Very Happy

149NESTLE LANKA PLC (NEST.N0000) - Page 8 Empty Re: NESTLE LANKA PLC (NEST.N0000) Wed Jun 24, 2020 5:18 pm

Bakka1988


Manager - Equity Analytics
Manager - Equity Analytics
@hettdas wrote:
@vikiperera wrote:
@Teller wrote:If i have a chance to buy it 850 levels, ill buy it
Sorry you will never ever

Even COVID 19 situation It didn't go down below 985 Very Happy
Yes this will run again over 2000 again

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