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interfact Senior	08-Apr-2014 13:30        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	There isnt a plunge as exagerated in yr posting.You have to factor the 28cent adjustment and the poor market sentiment abit oil and gas stocks were trending lower than most other counters.After adjustment,the paper loss is not as much as you are to invest in Kris Energy(1.30 to 0.64),Rex(0.97 to 0.58),JES  or the  ABL  for the same corresponding period. There is nothing  to work out as  my paper loss is not  more than  6c the most. Your posting  are skewed with private agenda and not forth coming.Just wondering if you are not vested why keep harping negative news abt this counter.Instead of finding out more from those vested,your comments appeared that  you know more than anyone else.This is amazing and surrounds with suspicion.Lately we saw many new nicks created by rosesyrup (banned,now called roseairy)to harass ppl who has a different pt of view.. Are you one of them too?Your inquistivity would be more appreciated in ABL or those loss making company threads. Anyway this counter is slow moving and vol is always in the low.million.Nothing to shout abt.Not for speculation but for a mid to long term view investment. T2LE56      ( Date: 08-Apr-2014 12:20) Posted: Haha ... the BB must be able to withstand scrutiny .... drop test. Don' t be too work out ....  TWC .... Trade With Care.  The recent drop is still fresh on investors' mind cannot help but to be cautious. Why are you here is also because you want better return ? Sensibly people will invest, acquire and do something about the money.  We hear of so many horror stories, issue warrants, consolidation, rights, bonus ... so forth. Ultimately retailer investor' s suffer. Aiyah don' t get so work out ... play game must relax. Only said be careful from $1.05 plunge to $0.58 ... will they repeat again. Who knows ... they don' t care T2LE56      ( Date: 08-Apr-2014 10:38) Posted: This is just my view and observation, you maybe right but not 100% just like the report. (Unless  you have insider' s news). I am just curious why any companies will be happy sitting on a pile of cash ? Report is just their views as well .... I am sure they have their fine print .. Disclaimer. I hope I am wrong. You can maintain your BUY call. Not vested
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SuperMonkey Senior	08-Apr-2014 13:08        SuperMonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	market sentiment bad even super good shares will not be spared. Anyway we are at the mercy of BBs, if they want a share to drop, we small investors cannot fight them. Even solid company will get whack down by the BBs. Just that they cant whack alot. Lousy shares like blumont can be easily beaten down by many times. Right now, I would say the market sentiment is turning for the worse, so just be careful when trading. if selling pressure huge, can take profit or even cut loss. T2LE56      ( Date: 08-Apr-2014 12:20) Posted: Haha ... the BB must be able to withstand scrutiny .... drop test. Don' t be too work out ....  TWC .... Trade With Care.  The recent drop is still fresh on investors' mind cannot help but to be cautious. Why are you here is also because you want better return ? Sensibly people will invest, acquire and do something about the money.  We hear of so many horror stories, issue warrants, consolidation, rights, bonus ... so forth. Ultimately retailer investor' s suffer. Aiyah don' t get so work out ... play game must relax. Only said be careful from $1.05 plunge to $0.58 ... will they repeat again. Who knows ... they don' t care T2LE56      ( Date: 08-Apr-2014 10:38) Posted: This is just my view and observation, you maybe right but not 100% just like the report. (Unless  you have insider' s news). I am just curious why any companies will be happy sitting on a pile of cash ? Report is just their views as well .... I am sure they have their fine print .. Disclaimer. I hope I am wrong. You can maintain your BUY call. Not vested
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T2LE56 Senior	08-Apr-2014 12:20        T2LE56 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha ... the BB must be able to withstand scrutiny .... drop test. Don' t be too work out ....  TWC .... Trade With Care.  The recent drop is still fresh on investors' mind cannot help but to be cautious. Why are you here is also because you want better return ? Sensibly people will invest, acquire and do something about the money.  We hear of so many horror stories, issue warrants, consolidation, rights, bonus ... so forth. Ultimately retailer investor' s suffer. Aiyah don' t get so work out ... play game must relax. Only said be careful from $1.05 plunge to $0.58 ... will they repeat again. Who knows ... they don' t care T2LE56      ( Date: 08-Apr-2014 10:38) Posted: This is just my view and observation, you maybe right but not 100% just like the report. (Unless  you have insider' s news). I am just curious why any companies will be happy sitting on a pile of cash ? Report is just their views as well .... I am sure they have their fine print .. Disclaimer. I hope I am wrong. You can maintain your BUY call. Not vested
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interfact Senior	08-Apr-2014 11:29        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	NSL(Natsteel) also sitting with big cash surpluses..nowing distributing 50c to shareholder.Stock climbed up substantially after announcement. Super,Bakertech and  Petra are also cash rich companies just to name a few.What is there to be curious?You are worried for the wrong reasons.Ultimately they will dispose of the cash by cum dividend if no suitable acquistion was in sight.   interfact      ( Date: 08-Apr-2014 11:03) Posted: Isnt SIA sitting on a bigger pile of cash? The money can be use for acquistion in the future or expansion of business. You are just asking a stupid question.Tell us .which is better a company in debt or a company with cah in handi? Likewise I dont think you like to see yrself living in debt with no saving. T2LE56      ( Date: 08-Apr-2014 10:38) Posted: This is just my view and observation, you maybe right but not 100% just like the report. (Unless  you have insider' s news). I am just curious why any companies will be happy sitting on a pile of cash ? Report is just their views as well .... I am sure they have their fine print .. Disclaimer. I hope I am wrong. You can maintain your BUY call. Not vested
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interfact Senior	08-Apr-2014 11:03        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	Isnt SIA sitting on a bigger pile of cash? The money can be use for acquistion in the future or expansion of business. You are just asking a stupid question.Tell us .which is better a company in debt or a company with cah in handi? Likewise I dont think you like to see yrself living in debt with no saving. T2LE56      ( Date: 08-Apr-2014 10:38) Posted: This is just my view and observation, you maybe right but not 100% just like the report. (Unless  you have insider' s news). I am just curious why any companies will be happy sitting on a pile of cash ? Report is just their views as well .... I am sure they have their fine print .. Disclaimer. I hope I am wrong. You can maintain your BUY call. Not vested
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T2LE56 Senior	08-Apr-2014 10:38        T2LE56 About Contact  Quote this Post!
x 0   x 1  Alert Admin	This is just my view and observation, you maybe right but not 100% just like the report. (Unless  you have insider' s news). I am just curious why any companies will be happy sitting on a pile of cash ? Report is just their views as well .... I am sure they have their fine print .. Disclaimer. I hope I am wrong. You can maintain your BUY call. Not vested
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interfact Senior	08-Apr-2014 10:04        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maintain BUY
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interfact Senior	08-Apr-2014 10:01        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	By Andy Wong Fri, 28 Mar 2014, 09:38:27 SGT Following the successful divestment of CSE Global&rsquo s entire stake in Servelec Group in Dec last year, we believe management will focus on driving its growth largely from the oil and gas sector. CSE has significant exposure to the Gulf of Mexico (both the U.S. and Mexico side), and we expect it to benefit from positive trends arising from this area. Looking ahead, we also do not expect CSE to make any further provisions for cost overruns for its Middle-Eastern project, which would aid its margins recovery. We re-work our assumptions following a change in analyst coverage, and now forecast CSE to register core PATMI growth of 18.7% and 9.3% in FY14 and FY15, respectively. Applying a 9x target PER peg to our FY14 EPS forecast, we derive a fair value estimate of S$0.63 (previously S$0.96 before the Servelec Group divestment). Maintain BUY. Focusing largely on the oil and gas sector Following the successful divestment of CSE Global&rsquo s entire shareholding interest in Servelec Group in Dec last year, we believe management will focus on driving its growth largely from the oil and gas sector. This sector contributed 75% of CSE&rsquo s total revenue from continuing operations in FY13. Oil and gas related activities remain at healthy levels in most regions, in our view. CSE has significant exposure to the Gulf of Mexico (both the U.S. and Mexico side), and we expect the group to benefit from the on-going recovery following the ill-fated Macondo oil spill incident and the imminent liberalisation of the Mexican oil and gas market. There is also positive sentiment within the subsea sector. Market watcher Infield Systems has forecasted subsea capex to grow at a robust 15% CAGR from US$19b in 2013 to US$33.3b in 2017. CSE provides control systems for its subsea customers. Its order book stood at S$227.2m (as at 31 Dec 2013), a decline of 18.4% as compared to end FY12. However, management highlighted that this consists of higher quality projects and hence could augur well for its FY14 gross margins. No further provisions for project cost overruns expected CSE&rsquo s FY13 bottomline took a hit as it made provisions for project cost overruns amounting to S$8.1m. Looking ahead, management is hopeful that it will not have to make further provisions for this Middle-Eastern project in 2014, as it has provided some buffer in terms of assumed project completion timeline when making its provisions. Maintain BUY We re-work our assumptions following a change in analyst coverage, and now forecast CSE to register core PATMI growth of 18.7% and 9.3% in FY14 and FY15, respectively. We are expecting a backend-loaded FY14 due to the timing of certain key projects and expectations of new order wins in 2H14. Applying a 9x target PER peg to our FY14 EPS forecast, we derive a fair value estimate of S$0.63 (previously S$0.96 before the Servelec Group divestment). Maintain BUY.
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T2LE56 Senior	08-Apr-2014 09:32        T2LE56 About Contact  Quote this Post!
x 0   x 1  Alert Admin	Don' t you see something quite strange .... the big players will lead you to believe it is going up. When you start to follow .... kanna their trap already lor habis.  Find the whole thing .... fishy. Just pause for a moment and think. Many a time we are carried away by our emotion and left out the most vital part .... something just not right. Sitting on a pile of cash and happy doing nothing ... how can you justify to all the shareholders. After the meal they will make you pay. They have done it before ..... will it happen again ..... The smart ones are trying to exit before the XD that why they are pushing it up
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T2LE56 Senior	08-Apr-2014 09:20        T2LE56 About Contact  Quote this Post!
x 0   x 1  Alert Admin	Precisely they have cashed out and is cash solid. What will you do when you are cash solid ... you have to do something .... correct. They will look for company to acquire and show case something. They will not buy ikan belis but have to justify it is   a good acquisition. It is likely going to cost a lot of money .... never mind lah ... let the retailer investors pay. Just you wait and see. While you are waiting for the dividends, they are hatching theirs. Hope I am wrong ....
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SuperMonkey Senior	08-Apr-2014 09:18        SuperMonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	u shorted? u sound so  pessimistic.. anyway if acquisition also good ma, look at mencast...  T2LE56      ( Date: 08-Apr-2014 09:13) Posted: Let' s hope I am wrong ... maybe there are heading for an acquisition .... next announcement raising cash. Crazy retail investors always kanna trap .... price will dive again.
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RoundRound Elite	08-Apr-2014 09:13        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	They cashed out of London with a nice profit, and been cash-positive, they are the rare companies in SGX in this advantageous status. Plus, they are expanding into many countries, recently bought a stake in one South America firm. Solid footing for CSE. No worry of interest rate hike anytime yet.
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T2LE56 Senior	08-Apr-2014 09:13        T2LE56 About Contact  Quote this Post!
x 0   x 1  Alert Admin	Let' s hope I am wrong ... maybe there are heading for an acquisition .... next announcement raising cash. Crazy retail investors always kanna trap .... price will dive again.
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T2LE56 Senior	08-Apr-2014 09:08        T2LE56 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think about it from the day there offer the candy .... ask yourselves how long before the XD. Quite long so the price can be held steady until XD on the 17 April. Why leh ??? Some more 3 cts not bad nowadays ... so many will hold until their stipulated time.
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SuperMonkey Senior	07-Apr-2014 19:26        SuperMonkey About Contact  Quote this Post!
x 0   x 0  Alert Admin	by not having debts, they are able to save $5 million on interest expense annualy. New CEO and CFO would want to prove to others their capabilities. Their current orders are all higher margin projects. They get rid of the lower or zero margin projects. Ya, upon XD, it may free fall, but there is also a potential catalyst which  is the Q1 financial results out in May. No one can predict what will happen unless u are an insider :). If u think CSE Global is not worth the $$$, then better not touch the share.. but personally, I do feel that CSE global will become a high yield stock due to the cash on hand.  Perhaps it will do a Bakertech by distributing it' s cash on hand as a 2nd special dividend if the cash is not invested in acquisition or expansion. Bakertech also has cash on hand and annouced a 2nd special dividend of 5 cents as it did not really use the cash for major acquisition. Share price up from 26 cents predividend to 31 cents after the annoucement. CSE cash on hand/share should be around 7 cents... hope they do another special dividend of maybe 3 cents again? :)   T2LE56      ( Date: 07-Apr-2014 18:28) Posted: If I remembered rightly the last round they also offered dividends and after the XD, the BB free fall all the way. Having cash is one thing but they must secure new orders. So far any new orders ???
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jj7007 Veteran	07-Apr-2014 18:37        jj7007 About Contact  Quote this Post!
x 0   x 0  Alert Admin	i been watching it from 59c and very tempted to buy.  But, the company now has to depend it' s profits from the oil and gas operations and yet to be seen how they have faired since. Board can do more to inform the shareholders on the plans and activity. Debt free is one thing, but what are they doing with the money? Are they trying to save us money or make us money?
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RoundRound Elite	07-Apr-2014 18:29        RoundRound About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tikam Tikam can also"
x 0   x 0  Alert Admin	T2LE56, there's value in CSE. It's 100% debt-free so all it's profit can translate into good future dividend payout or they could use it for market expansion, both are good for shareholders T2LE56      ( Date: 07-Apr-2014 18:26) Posted: Today look more like pushing the price by speculators. They give 3cts is like candy or jelly beans to entice investors to come and hold the price ...   who knows  near to XD it will drop like a sack of potatoes.
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T2LE56 Senior	07-Apr-2014 18:28        T2LE56 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If I remembered rightly the last round they also offered dividends and after the XD, the BB free fall all the way. Having cash is one thing but they must secure new orders. So far any new orders ???
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T2LE56 Senior	07-Apr-2014 18:26        T2LE56 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today look more like pushing the price by speculators. They give 3cts is like candy or jelly beans to entice investors to come and hold the price ...   who knows  near to XD it will drop like a sack of potatoes.
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interfact Senior	07-Apr-2014 12:19        interfact About Contact  Quote this Post!
x 0   x 0  Alert Admin	Highly undervalued stock.Counter was unreasonably punished after the 28c CD.(sold out of london subsidary).Now giving another 3c.Where to find. Time to move up.   interfact      ( Date: 07-Apr-2014 12:14) Posted: Maintain buy.Minimum fair value is 63c. DBS min 64c. guoyanyunyan      ( Date: 28-Mar-2014 11:38) Posted: Beginning on a fresh page ____ Following the successful divestment of CSE Global's entire stake in Servelec Group in Dec last year, we believe management will focus on driving its growth largely from the oil and gas sector. CSE has significant exposure to the Gulf of Mexico (both the U.S. and Mexico side), and we expect it to benefit from positive trends arising from this area. Looking ahead, we also do not expect CSE to make any further provisions for cost overruns for its Middle-Eastern project, which would aid its margins recovery. We re-work our assumptions following a change in analyst coverage, and now forecast CSE to register core PATMI growth of 18.7% and 9.3% in FY14 and FY15, respectively. Applying a 9x target PER peg to our FY14 EPS forecast, we derive a fair value estimate of S$0.63 (previously S$0.96 before the Servelec Group divestment). Maintain BUY. ...last:$0.595...
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