以太坊单双博彩（www.eth108.vip）:HLIB mildly positive on MISC's new long-term charters
KUALA LUMPUR: There should be only slight earnings contribution from the long-term charter contracts secured by MISC Bhd from QatarEnergy, said Hong Leong Investment Bank (HLIB) Research, as it maintained its "hold" call on the stock.
In a stock filing yesterday, MISC announced it had secured long-term charter contracts for seven 174,000m3 newbuild liquefied natural gas carriers (LNGC) to be built by Hyundai Heavy Industries.
It said MISC will enter into a consortium with three other MNCs where each member will have an equal equity interest of 25% in each awarded LNGC.,
According to HLIB's back-of-the-envelope estimates, the contract will only improve MISC's FYM25 forecast earnings by less than 3% given it 25% stake in the venture.
"With that, we are only mildly positive on this development. Overall, we maintain 'hold' on MISC with an unchanged SOP-derived TP of RM7.67/share," it said.
Meanwhile, the research firm said the downside is supported for MISC due to the defensive nature of the name due to the portfolio of long-term charters, which will provide consistent, recurring cash flows and the relatively fixed dividend payout policy of 33 sen a year.
@USDTOTCAPI接入（www.usdt8.vip） Consider Najib’s last moments of freedom yesterday. He was whisked away not in the usual prison lorry but a dark-tinted luxury SUV, with police outriders fit for the Agong. Those tinted windows notwithstanding, Najib was seen through the clear front windscreen to still be in his Armani suit. Mug shots and orange prison garb are only for opposition politicians and the common criminal, it seems.我很心水哦