PETALING JAYA: Analysts continue to have a favourable view of MISC Bhd
, given its steady operating cash flow and solid balance sheet that allows it to pursue new growth opportunities such as the floating production storage and offloading (FPSO) vessel market.
While MISC’s financial year 2024 (FY24) earnings fell short of expectations of most analysts, the company’s valuation and prospects in FY25 have seen most of them retaining their calls on the stock despite cutting their earnings forecast for the year.
