MISCTHE shipping giant was one of the top 10 gainers yesterday, jumping 45 sen to close at RM9.15 on volume of 2.03 million shares after it announced a 62.9% increase in pre-tax profit to RM462mil for its first quarter ended June 30 from the corresponding quarter a year ago.
OSK Research sees a lot more upside to MISC's shares, citing its strong earnings growth this year boosted by rising freight rates and its American Eagle Tankers acquisition.
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