Back in 2025, CSE Global’s management shifted order priorities toward data centres and general infrastructure while de-emphasising new greenfield water and wastewater projects given less attractive risk reward and commercial terms.
Beansprout analyst Ng Hui Min has initiated a “buy” call on CSE Global (SGX:544
) as she sees the company is “positioned for structural capex growth”.
In her Jan 28 report, Ng believes that CSE Global is “strategically positioned” at the heart of structural capex themes in data centres, electrification and critical communications, which should support multi year earnings visibility as customers invest in power, grid upgrades and always on digital infrastructure.
