MISC 1HFY14 core earnings in line but TP downgraded
- 6 years ago
CIMB Investment Bank has maintained its "add" rating for MISC shares as the shipping firm's core earnings for the first half financial year 14 were in line with expectation.
CIMB's view on MISC came amid improving petroleum tanker rates and contribution from the Cendor Floating Production, Storage and Offloading (FPSO) project in the second half financial year 2014.
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CIMB's view on MISC came amid improving petroleum tanker rates and contribution from the Cendor Floating Production, Storage and Offloading (FPSO) project in the second half financial year 2014.
Astro AWANI
Website: http://www.astroawani.com
Facebook: https://www.facebook.com/astroawani
Twitter: https://twitter.com/501Awani
Youtube: https://www.youtube.com/njoiawani
Instagram: http://instagram.com/501awani