MBSB outlook draws mixed views

Challenging times: Affin Hwang Capital Research has downgraded the stock to a ‘sell’, stating that its financial performance is likely to remain weak in the coming quarters.

Analysts differ on whether the worst is over for the company

PETALING JAYA: Analysts are mixed on non-bank lender Malaysia Building Society Bhd’s prospects following its poor results, with some feeling the worst has been priced in, while others feel the company’s prospects will continue to be dampened on the back of continued poor results and the absence of new catalysts.