April 20, 2011

MAS - MAS downgraded to 'sell' at OSK Res

Stock Name: MAS
Company Name: MALAYSIAN AIRLINE SYSTEM BHD
Research House: OSK

Malaysian Airline System Bhd was cut to “sell” from “neutral” at OSK Research Sdn Bhd, which said higher oil prices will hurt the national carrier’s earnings.

The stock’s fair value was reduced to RM1.60 from RM1.76, OSK analysts led by Chris Eng wrote in a report today. -- Bloomberg

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