CSE Global

M&A

CSE Global's US$25 mil Volta acquisition seen as positive by CGS-CIMB

SINGAPORE (Sept 3): CSE Global on Monday announced it was acquiring a 100% stake in industrial power systems manufacturer Volta LLC via wholly-owned subsidiary CSE Americas.

Investing ideas

CSE Global expected to power through headwinds on strong orderbook

SINGAPORE (Sept 2): Despite macroeconomic uncertainties that continue to plague the industry sectors it operates in, CSE Global says it is confident of stronger earnings performance and sustained order intake in the second half of FY19.

Investing strategies

CSE Global improves earnings, maintains shale focus; no joint projects with shareholder Serba Dinamik for now

SINGAPORE (April 22): When Malaysian engineering firm Serba Dinamik Holdings became the largest shareholder in systems integrator CSE Global last year, both parties talked about how they could work on projects together. One year on, no joint venture proje

In print this week

Things looking up for CSE Global despite lack of JV projects with Serba Dinamik

SINGAPORE (April 18): When Malaysian engineering firm Serba Dinamik Holdings became the largest shareholder in systems integrator CSE Global last year, both parties talked about how they could work on projects together.

Broker's Calls

CSE Global rated 'buy' by UOB on strengthening grip over Aussie market

SINGAPORE (Mar 26): UOB Kay Hian continues to rate CSE Global a “buy” with a target price of 62 cents.

Results

CSE Global swings back into the black with 4Q earnings of $4.9 mil; proposes 1.5-cent final dividend

SINGAPORE (Feb 20): Technologies company CSE Global declared earnings of $4.9 million for the 4Q ended December, reversing back into profitability from its restated loss of $39.1 million due to improved margins.

Broker's Calls

CSE kept at 'buy' by UOB, RHB on stronger outlook with 4Q contract wins

SINGAPORE (Jan 16): UOB Kay Hian and RHB Research are reiterating their “buy” calls on CSE Global after the group announced it secured $84.8 million worth of infrastructure projects in 4Q18.

Contracts

CSE wins $84.8 mil infrastructure project contracts in 4Q

SINGAPORE (Jan 15): CSE Global, global technology solutions provider, secured infrastructure project contracts with a combined value of $84.8 million in 4Q18, bringing the full year 2018 orders to $150.5 million, a 43.6% increase from 2017.

Broker's Calls

CSE Global started at 'buy' with 59 cents target by RHB

SINGAPORE (Oct 11): RHB Research is initiating a “buy” recommendation on CSE Global with a target price of 59 cents, as the group is poised to deliver CAGR of 16% over FY17-20.
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