[%cNnQ%]  Support should be strong at RM85.00. If this breaks, RM76 is probable. 

Nestle is still a well managed company suitable for the long term. It has a moat. It is a simple business that Buffett would approve of. 

But with a rather high PE, investors have high expectations. More earnings disappointment would lead to further share price declines.

$KLSE-NESTLE  Support should be strong at RM85.00. If this breaks, RM76 is probable. 

Nestle is still a well managed company suitable for the long term. It has a moat. It is a simple business that Buffett would approve of. 

But with a rather high PE, investors have high expectations. More earnings disappointment would lead to further share price declines.

$NESTLE / 4707 (NESTLE (MALAYSIA) BERHAD)