KUALA LUMPUR: Affin Research has maintained its Sell call on MAS with a lower target price of 19 sen from 21 sen previously given the tough operating environment of fierce competition as well as rising cost of living.
In a note on Wednesday, Affin said MAS reported a wider core net loss of RM330.5mil in 4Q13, taking full year FY13 core net loss to RM999.6mil, a further deterioration from the RM605.2mil core net loss registered in FY12.
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