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CSE Global
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
Broker's Calls
CGS-CIMB increases CSE Global TP to 45 cents but keeps 'hold' call
The analysts believes CSE is current trading levels have adequately prices in the group’s expected earnings recovery ahead.
July 24, 2023
Results
CSE Global reports 1QFY2023 revenue of $159.4 million
CSE Global says that it secured orders worth some $159.6 million during the quarter, which brings the total to $232.3 million.
May 12, 2023
Insider moves
Lim of CSE Global and Kuok of Wilmar raise respective stakes
For the current FY2023, CSE Global will be 'laser-focused' on integrating its acquisitions and executing backlog orders
March 15, 2023
Results
CSE Global posts 68.2% decline in earnings to $4.77 mil for FY2022
CSE Global sees earnings decline in FY2022 due to higher expenses and one-off restructuring costs.x
February 27, 2023
Company in the news
CSE Global issues profit warning; new wins in 4QFY2022 brings order book to $478 million
CSE Global says it has won new orders of some $220.8 million in 4QFY2022
February 15, 2023
Broker's Calls
UOB Kay Hian upgrades CSE Global to 'buy' on Radio One Group acquisition
In their report dated Feb 1, the analysts have raised their target price by 22% to 45 cents from 37 cents previously.
February 03, 2023
Broker's Calls
Analysts maintain ‘hold’ on CSE Global, noting headwinds ahead
CSE Global has a robust orderbook, but still faces supply chain disruptions, negatively impacting deliveries to customers.
November 22, 2022
Results
CSE Global reports 22% higher revenue in 3QFY2022
This was attributed to growth in project, time and material revenues across all geographic regions.
November 17, 2022
M&A
CSE Global acquires Logic Wireless for $20.8 mil
CSE Global is widening its footprint in New Zealand with its latest acquisition of Logic Wireless for $20.8 mil.
November 09, 2022