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More Upside for MAHB: Nomura
Ahmad Maghfur Usman, Transport Analyst, Nomura Research
24-Jan-17 09:53
Despite a good run in 2016 with higher passenger traffic volumes, MAHB's earnings continue to be dragged down by its operations in Turkey which has been hit by recent terrorist attacks. Ahmad Maghfur Usman, Transport Analyst is maintaining his BUY call with the view that the market has not fully priced-in the government compensation element under the revised PSC framework which could spring more earnings upside for MAHB.
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