Downside risks for SapuraKencana limited: Maybank Research


KUALA LUMPUR: Maybank Investment Bank Research believes the risk-reward is turning attractive for SapuraKencana Petroleum (SKPetro) as  the negatives have been largely priced in.

It had on Tuesday maintained its Buy call but it also cut the FY16-FY17 core earnings forecasts by 33%-35% and lowered the target price by 26% to RM2.80 from RM3.80.

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