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CSE Global Limited
Broker's Calls
Brokers' Digest: Hongkong Land, Wilmar, CSE Global, Aztech Global, Sea, MPACT, Far East Hospitality Trust
See what the analysts have to say this week.
July 27, 2023
Broker's Calls
CSE’s profitability projected to surge 250% y-o-y in FY2023 on oil & gas upcycle: Maybank Securities
Corporate share-buybacks are also a possibility for this “undervalued” counter, says analyst Jarick Seet.
July 26, 2023
M&A
CSE Global makes yet another wireless communications acquisition
Just last November, CSE Global paid NZ$25 million to buy a group of wireless communications businesses.
January 31, 2023
Contracts
CSE Global announces contract wins worth $87.3 mil
The contract wins are for wastewater treatment plants in the US and a system maintenance contract from the Singapore government.
January 30, 2023
Broker's Calls
Despite surge in new orders, DBS downgrades CSE Global on supply chain woes
UOB Kay Hian Research expects an “above-average” full-year dividend yield of 6.0%, compared to the STI’s 4.0%.
August 17, 2022
Contracts
CSE Global sees 118.8% surge in orders to $232.3 mil in 1QFY2022
As at March 31, the group’s order book stood at $344 million.
May 09, 2022
Broker's Calls
Analysts overall positive on CSE Global as 3QFY21 EBITDA comes in line with expectations
All brokerages have maintained their "add" or "buy" recommendations on the counter.
November 25, 2021
Contracts
CSE Global wins $104.4 mil in new orders for the 2Q21
The orders bring the group’s order book to a total of $212.1 million for the 2QFY2021.
July 26, 2021
Results
CSE Global reports 22.3% lower EBITDA of $10 mil in 1Q business update
1QFY2021 revenue fell 15.7% y-o-y to $111.2 million, due to lower revenues in the Americas.
May 19, 2021
Broker's Calls
KGI upgrades CSE Global to 'outperform' on infrastructure prospects and recovery in O&G
KGI has upgraded CSE with a higher target price of 61 cents from 52 cents previously.
March 18, 2021