CSE Global

SINGAPORE (Dec 5): CIMB is upgrading the offshore and marine sector to “neutral” as it forecasts higher crude oil prices of between US$45 and US$60 per barrel.

SINGAPORE (Nov 9): CSE Global posted a 52.7% drop in earnings for 3Q16 to $4 million from a year ago on the back of lower revenue.

SINGAPORE (Oct 13): OCBC Research is maintaining a “hold” call on engineering group CSE Global with a fair value of 43 cents, citing the uncertain impact of the proposed cut in production by OPEC members in a note published on Wednesday.

SINGAPORE (Sept 30): CIMB is maintaining its “underweight” call on the Offshore & Marine sector despite the proposed cut in production by the Organization of Petroleum Exporting Countries (OPEC) announced on Friday.

SINGAPORE (Aug 12): OCBC is maintaining its “hold” call for CSE Global, with a target price of 43 cents.

SINGAPORE (June 23): CIMB is maintaining its “add” rating for global technologies company CSE Global, with a target price of 57 cents, according to a Tuesday report.

SINGAPORE (June 3): Following Otto Marine’s June 2 announcement that it might receive an acquisition offer from a yet-to-be-named party, CIMB has drawn up a list of other names in the offshore and marine space that will likely figure in various other co

SINGAPORE (May 24): CSE Global’s outlook is favourable given a profitable business, backed by a strong balance sheet, says KGI Fraser.

SINGAPORE (May 12): OCBC is downgrading CSE Global to “hold” on underwhelming 1Q results and soft earnings outlook.

SINGAPORE (May 10): CSE Global, which provides services for automation, telecommunications and environmental sectors, reported a 27.5% drop in 1Q earnings to $5.5 million.