CSE Global

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Global technology solutions provider, CSE Global, has secured some $106.2 million of new orders for the 1QFY2021.

Rising oil prices and attractive dividend yield underpin UOB Kay Hian Research’s positive view for CSE Global, with analyst John Cheong upgrading the counter to ‘buy’ with a higher target

Engineering firm CSE Global has reported revenue of $502.8 million for FY2020, up 11.3% over FY2019. Thanks to better margins, the company’s earnings increased by 16.4% y-o-y to $28 million.

DBS Group Research analysts Chung Wei Le and Ling Lee Keng say that systems integrator CSE Global offers an “attractive entry opportunity”

CSE Global Limited has reported net profit of $5.1 million for the 3QFY2020 ended Sept 30, some 11.6% lower than net profit of $5.7 million a year ago.

DBS Group Research is maintaining its “buy” call on oil, gas and telecommunications operator CSE Global, but at a revised target price of 57 cents.

Global technology solutions provider CSE Global says its business sectors have secured $91.0 million of new orders, compared to $156.1 million secured in 3Q2019.

Analysts from DBS Group Holdings, CGS-CIMB Research, and RHB Research have maintained their “add” or “buy” calls following CSE Global’s 1H20 results.

CSE Global has posted earnings of $15.1 million for 1H20 ended June, 47.7% higher than the $10.2 million logged in the corresponding period a year ago.