CSE Global

Analysts maintain optimism on CSE Global despite lower 1Q21 revenue, EBITDA - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain optimism on CSE Global despite lower 1Q21 revenue, EBITDA

Analysts from CGS-CIMB, DBS and UOB Kay Hian have maintained "add" or "buy" on CSE Global, with target prices of 63 to 68 cents.
CSE Global secures $106.2 mil in new orders for 1Q21 - THE EDGE SINGAPORE

Contracts

CSE Global secures $106.2 mil in new orders for 1Q21

With the new orders, the group ended the 1QFY2021 with an order book of $231.0 million.
UOB Kay Hian upgrades CSE Global to 'buy' on rising oil prices, attractive yield - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian upgrades CSE Global to 'buy' on rising oil prices, attractive yield

UOB Kay Hian expects CSE to maintain FY21 DPS at 2.75 cents, translating to an "above average" yield of 5.1%.
CSE Global reports FY2020 earnings of $28 mil, up 16.4% - THE EDGE SINGAPORE

Results

CSE Global reports FY2020 earnings of $28 mil, up 16.4%

As at Dec 31 2020, its order book was at $236 million.
CSE Global gets a thumbs up for its "attractive entry opportunity" - THE EDGE SINGAPORE

Broker's Calls

CSE Global gets a thumbs up for its 'attractive entry opportunity'

Analysts have given CSE Global a buy call
CSE Global reports 11.6% decline in 3Q net profit to $5.1 mil on non-recurring divestment gain - THE EDGE SINGAPORE

Results

CSE Global reports 11.6% decline in 3Q net profit to $5.1 mil on non-recurring divestment gain

As at Sept 30, CSE Global’s order book stood 14.8% y-o-y higher at $267.0 million.
It's a 'buy' for CSE Global - THE EDGE SINGAPORE

Broker's Calls

It's a 'buy' for CSE Global

DBS Group Research is maintaining its “buy” call but at a revised target price of 57 cents
CSE Global secures $91 mil in new orders for 3Q2020 - THE EDGE SINGAPORE

Contracts

CSE Global secures $91 mil in new orders for 3Q2020

As at Sept 30, CSE Global’s order book remained robust at $267.0 million.

Broker's Calls

Analysts mostly positive on CSE Global following 'resilient' results

KGI Securities analyst Joel Ng, on the other hand, has downgraded the stock to “neutral” due to the company’s strong 1H20 results being already priced in its current valuations.
CSE Global reports 47.7% rise in 1H20 earnings to $15.1 mil on higher revenue

Results

CSE Global reports 47.7% rise in 1H20 earnings to $15.1 mil on higher revenue

CSE’s board has proposed an interim dividend of 1.25 cents for the half-year period, the same as last year. The interim dividend will be paid on September 15.
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