| Latest Forum Topics / CSE Global Last:1.44 -- |
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CSE Global
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SQueeze
Master |
21-Jul-2020 10:49
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Something is cooking. Boiling point soon.  | ||||
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SQueeze
Master |
20-Jul-2020 15:04
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I find that it rises in outbursts of 4-5 cents or so.  Long accumulation, then outburst 4-5 cents.  I think its coming soon
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wehuattogether88
Supreme |
20-Jul-2020 14:56
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CSE very diffcult to rocket, it is not like medical stock. It is slow but steady type.
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SQueeze
Master |
20-Jul-2020 14:41
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Accumulation going on.  Getting ready to rocket soon. |
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CheeryVGoh
Supreme |
18-Jul-2020 16:09
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Temasek investment renders CSE Global more stable prospect for investorsNg Qi Siang  Published on Fri, Jul 17, 2020 / 3:51 PM GMT+8 / Updated 1 days ago
SINGAPORE (July 17): After acquiring a 25.03% stake in international technology group CSE Global at $0.45 per share last week from Malaysian energy service group Serba Dinamik, Singaporean sovereign wealth fund Temasek Holdings is now the substantial stakeholder of the SGX-listed company.    RHB&rsquo s Lee Cai Ling and Jarrick Seet see this as a source of stability for the firm, maintaining their &ldquo buy&rdquo call on the counter with an unchanged $0.54 target price with 17% upside.    &ldquo Serba Dinamik&rsquo s investment in the company in 2018 led to investor concerns over CSE&rsquo s direction ahead. However, expectations of a collaboration between the two companies were not realised,&rdquo say both analysts in a broker&rsquo s report today.    Temasek&rsquo s control of CSE Global is via its subsidiary Heliconia Capital Management, which concluded a married deal with Serba Dinamik on 7 July.    Incidentally, CSE Global is in a way, back to Temasek&rsquo s fold. It was part of ST Engineering, another Temasek-linked company, before a management buy-out back in 1997, followed by its own listing two years later.       
Temasek&rsquo s solid credentials and large holdings as the investment arm of the Singapore government, say Lee and Seet, could allow CSE to find synergies with the sovereign wealth fund&rsquo s broad networks and potentially facilitate M& A deals. 
  Now, in the short term, stabilising oil prices could prove good news for CSE Global, with the US Energy Information Administration (EIA) upgrading its crude price oil outlook by US$4/barrel ($5.57) for 2H20 and US$2/barrell for 2021.    Yet, such optimistic predictions are based on the assumption of post-lockdown recovery and OPEC production cuts, which would see the flow of recurring business stabilise in 2H20.    With the situation remaining fluid with continually high Covid-19 case numbers, a potential second or even third wave of Covid-19 could see renewed lockdown measures that will keep oil prices depressed until a vaccine is found.    Consequently, CSE Global expects 2Q20 numbers to be impacted by lockdown measures and low oil prices, with the oil & gas segment constituting 57% of its order book. Lee and Seet are anticipating a decline in revenue recognition and a slower flow of orders as well as margin pressure as customers become more conservative in their spending in the face of greater uncertainty.    Should the current environment remain unfavourable, the analysts see this present state of affairs persisting for a prolonged period of time., with q-o-q earnings growth in 2Q2020 likely to be &ldquo somewhat tepid&rdquo .      Still, CSE Global&rsquo s rekindled relationship with Temasek and strong fundamentals should allow its growth strategy to remain intact. " Despite the pandemic, CSE' s acquisition strategy remains intact &ndash and such exercises may be carried out at a slower pace. We are likely to see acquisitions in the oil & gas or infrastructure space in either the US, Europe, or Australia/New Zealand," say Lee and Seet.    The firm' s positive cash flow and low gearing ratio of just 0.18 in addition to potential funding from Temasek will give it the necessary funds for expansion.      They estimate that dividend yield is likely to remain at around 6% until 2022 while price-to-earning (P/E) ratio is expected to fall to 8.92 in 2021 and 7.99 in 2022. Return on average equity will rise from 21.7% to 13.7% in 2021 and 14.2% in 2022.   As of 3.30pm, CSE Global is trading at $0.46 and a P/E ratio of 9.88. Dividend yield currently stands at 5.91%. 
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_newbird_
Member |
17-Jul-2020 16:30
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haha it' s okay, anyway it is for long term for this counter. Pays good dividend and now with TH, it is only a matter of time others will see. Just my opinion. Cheers :)
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wehuattogether88
Supreme |
17-Jul-2020 16:25
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I saw it, but did not have much impact on CSE' s share price..
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_newbird_
Member |
17-Jul-2020 16:23
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RHB came out a new report for CSE global with BUY, can go and view from investing note | ||||
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actan99
Master |
16-Jul-2020 10:25
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Actually I Q a few days back , couldnt get it.  Let me try again lol.  :) |
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SinoThai1688
Member |
15-Jul-2020 18:57
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👍 👍 👍 ! Good dividends rate too !
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SQueeze
Master |
15-Jul-2020 17:45
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OK. Your Pharma stocks are not my pics! But i think you are quite careful person. So good luck.  I have come to the conclusion I am going to focus on medical stocks with real physical outputs so the gloves and the PPE makers like Riverstone and Medtecs. Real products, and real revenue. I can see it that they will always have a stellar positive EPS in the quarters ahead.  I am also on e-Dev which is more speculative but looking to trim that as soon as i can. Currently trapped in that and rather overweighted some more. :( 
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Laurenpanna
Veteran |
15-Jul-2020 17:39
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yes brother. Indeed. As you may notice, I bought IX biopharma (Sold yesterday after the surge), Biolidics and Clearbridge (Still waiting). CSE global is indeed a very Calming stock for me. Slow and Steady. With Dividends somemore ! No regrets buying it. Even more happy after knowing our Ah Gong vested in it. Like what i mentioned before, it is just like AIMS APAC, Netlink.... Steady and zai . Will hold on long term and see what happen haha. I am now in the green... previously bought 0.49 .... after that average down 0.43  --> only hold total 6000 units though... but good enough for small players like me.
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SQueeze
Master |
15-Jul-2020 17:35
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Nice and comforting to have this calm gentle baby after all the roller coaster ride in medical counters!  have you made it back in the green now? I remember you bought on high and trying to average down. 
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Laurenpanna
Veteran |
15-Jul-2020 17:33
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i am glad to have gone ahead to buy in this counter after doing some research. For this counter, i definitely going to hold long term.    |
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_newbird_
Member |
15-Jul-2020 16:30
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dividend yield decent, waiting for them to announce
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tasking
Senior |
15-Jul-2020 14:50
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Thanks to Quartz Captial, a boutique investor who dare to voice out, ' directed' the senior mgmt wake up call, stay prudent, distribute more div,   & improve on mgmt leadership. Since then, things improve alot. To e extent, attract BB n  even Temasek lately | ||||
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wehuattogether88
Supreme |
15-Jul-2020 14:37
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Lelong lelong, if you believe CSE will be a future blue chip.
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wehuattogether88
Supreme |
15-Jul-2020 10:47
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looks more like a coming blue chip to me..quite diversified  businesses, that is why Ah Gong is interested to be part of the board.
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SQueeze
Master |
15-Jul-2020 10:03
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This company not 100% O& G. Quite diversified.  I am also considering this stock as blue chip.  It moves together with the blue chip but with slightly more power in the up and down movement. But don' t expect rocket profits like on medical counters. Different character here.  Vested since earlier this year and will remain so for the foresseable future some more with the comfort that Ahgong just bought a quarter of it.  Dividend should come 3rd week August based on past year' s. Waiting for CD announcement. 
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ayy002
Senior |
15-Jul-2020 10:00
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Oil demand will start to pick up in 2021 (hopefully begining of the year). this year focus is reducing/clearing all the oil inventory.  |
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