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Investment Strategies / Falling Knives
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Author: Blackswanny   😊 😞
Number: of 577 
Subject: Re: Nestlé
Date: 10/04/2024 6:39 AM
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Sold it the other day and purchased more OXY. Like you say I looked at the long term trend for Nestle lowered the EPS estimates and presented a lower terminal valuation and only forecast 6%pa return over 5 years. IV therefore drops to c$85-90 if seeking a long term market average return. So sold.
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