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tongphlp Supreme	10-Jun-2026 10:02        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	when houses call for buy is so that they can sell... caution Joelton      ( Date: 10-Jun-2026 09:41) Posted: &lsquo Selldown unwarranted fundamentals intact&rsquo : UOBKH maintains &lsquo buy&rsquo on CSE Global following ID&rsquo s resignation John Cheong and Heidi Mo from UOB Kay Hian are maintaining their &ldquo buy&rdquo call on CSE Global (SGX:544) despite the recent resignation of the company&rsquo s lead independent director, Tan Chian Khong. In their June 9 report, both analysts pointed out that the stated reason for the resignation was due to &ldquo unresolved differences of views with regards to working with controlling shareholders&rdquo . No further details have been provided by the company or the departing director. Tan was also chairman of the company&rsquo s audit and risk committee, and also the nominating committee. Since Tan&rsquo s resignation, the share price has dropped by around 20% to $1.33 as of June 9. Cheong and Mo note that the key point that remained unanswered at CSE Global, which has been conducting a strategic review since February, was whether the differences relate to a specific transaction, strategic direction or engagement with major shareholders. While they acknowledge the &ldquo governance gap&rdquo , Cheong and Mo are maintaining their investment thesis on CSE Global. &ldquo There are currently no operational or strategic changes being disclosed and 1QFY2026&rsquo s revenue grew 29% y-o-y to $265 million and order intake surged 75% y-o-y, suggesting business operational growth,&rdquo they add. At the same time, Temasek subsidiary Helicionia Capital, which has been CSE Global&rsquo s major shareholder since 2015, has co-existed with the board for over a decade without any operational incident. Having said so, the analysts point out that CSE Global is obligated to appoint a replacement lead independent director in a timely manner. &ldquo A swift, high-calibre appointment would itself be a governance positive, and the reconstitution of the ARC and NC under new leadership would restore independent oversight,&rdquo the team explains. Despite the resignation, there has been no change thus far to the overall capital allocation policy to CSE Global, which further reaffirms the analysts&rsquo investment thesis on the company. That being said, they are keeping a close watch on any potential developments such as the pace and calibre of the lead independent director replacement, further board-level changes or any shift in capital allocation, which might signal a change in the intent of CSE Global&rsquo s controlling shareholder. &ldquo In the absence of any such developments, we view the selldown as pricing in risks that are unsupported by current available facts,&rdquo the analysts state. On the business front, 1HFY2026 will likely be a softer period y-o-y for CSE Global due to rising material costs, start-up costs for its new 241,000 sq ft electrification facility and closeouts of municipal projects in the renewables sector. &ldquo 2HFY2026 should see a recovery as the new facility reaches steady-state, start-up costs normalise and the $716 million orderbook converts into revenue,&rdquo the team predicts. As such, Cheong and Mo are keeping their &ldquo buy&rdquo call along with the same $1.79 target price, which is based on 29 times FY2027 P/E ratio, which is 2 standard deviations above its mean. &ldquo This reflects CSE&rsquo s re-rating from its historical 15 times mean of its P/E ratio, driven by the data centre electrification narrative and strong order intake. We believe the premium is justified by the Amazon warrant relationship and its robust $716 million orderbook,&rdquo state the analysts. &ldquo At $1.33, the stock trades at around 21 times FY2027 P/E ratio, a meaningful discount to our multiple and in our view, a level that underprices the data centre growth story. While governance continues to be an overhang, it is resolvable and the business fundamentals have not changed,&rdquo the team concludes. As at 10.20am, shares of CSE Global are trading 1 cent lower, or down 0.75% at $1.32.
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Joelton Supreme	10-Jun-2026 09:41        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	&lsquo Selldown unwarranted fundamentals intact&rsquo : UOBKH maintains &lsquo buy&rsquo on CSE Global following ID&rsquo s resignation John Cheong and Heidi Mo from UOB Kay Hian are maintaining their &ldquo buy&rdquo call on CSE Global (SGX:544) despite the recent resignation of the company&rsquo s lead independent director, Tan Chian Khong. In their June 9 report, both analysts pointed out that the stated reason for the resignation was due to &ldquo unresolved differences of views with regards to working with controlling shareholders&rdquo . No further details have been provided by the company or the departing director. Tan was also chairman of the company&rsquo s audit and risk committee, and also the nominating committee. Since Tan&rsquo s resignation, the share price has dropped by around 20% to $1.33 as of June 9. Cheong and Mo note that the key point that remained unanswered at CSE Global, which has been conducting a strategic review since February, was whether the differences relate to a specific transaction, strategic direction or engagement with major shareholders. While they acknowledge the &ldquo governance gap&rdquo , Cheong and Mo are maintaining their investment thesis on CSE Global. &ldquo There are currently no operational or strategic changes being disclosed and 1QFY2026&rsquo s revenue grew 29% y-o-y to $265 million and order intake surged 75% y-o-y, suggesting business operational growth,&rdquo they add. At the same time, Temasek subsidiary Helicionia Capital, which has been CSE Global&rsquo s major shareholder since 2015, has co-existed with the board for over a decade without any operational incident. Having said so, the analysts point out that CSE Global is obligated to appoint a replacement lead independent director in a timely manner. &ldquo A swift, high-calibre appointment would itself be a governance positive, and the reconstitution of the ARC and NC under new leadership would restore independent oversight,&rdquo the team explains. Despite the resignation, there has been no change thus far to the overall capital allocation policy to CSE Global, which further reaffirms the analysts&rsquo investment thesis on the company. That being said, they are keeping a close watch on any potential developments such as the pace and calibre of the lead independent director replacement, further board-level changes or any shift in capital allocation, which might signal a change in the intent of CSE Global&rsquo s controlling shareholder. &ldquo In the absence of any such developments, we view the selldown as pricing in risks that are unsupported by current available facts,&rdquo the analysts state. On the business front, 1HFY2026 will likely be a softer period y-o-y for CSE Global due to rising material costs, start-up costs for its new 241,000 sq ft electrification facility and closeouts of municipal projects in the renewables sector. &ldquo 2HFY2026 should see a recovery as the new facility reaches steady-state, start-up costs normalise and the $716 million orderbook converts into revenue,&rdquo the team predicts. As such, Cheong and Mo are keeping their &ldquo buy&rdquo call along with the same $1.79 target price, which is based on 29 times FY2027 P/E ratio, which is 2 standard deviations above its mean. &ldquo This reflects CSE&rsquo s re-rating from its historical 15 times mean of its P/E ratio, driven by the data centre electrification narrative and strong order intake. We believe the premium is justified by the Amazon warrant relationship and its robust $716 million orderbook,&rdquo state the analysts. &ldquo At $1.33, the stock trades at around 21 times FY2027 P/E ratio, a meaningful discount to our multiple and in our view, a level that underprices the data centre growth story. While governance continues to be an overhang, it is resolvable and the business fundamentals have not changed,&rdquo the team concludes. As at 10.20am, shares of CSE Global are trading 1 cent lower, or down 0.75% at $1.32.
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LoudShout Master	09-Jun-2026 09:31        LoudShout About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still no announcement on what are the differences in opinions, do they relate to audit and risk?  Nomination? or governance which are within the responsibilities of the former Lead Independent Director. This only benefits those who know the real differences in opinions while the market which is sowed the doubts, sells it down. The resigned Lead Independent Director also held Directorship (past 5 years) in ' Gaming Regulatory Authority of Singapore' .  Casinoes have rules.
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ayy002 Senior	08-Jun-2026 08:59        ayy002 About Contact  Quote this Post!
x 0   x 0  Alert Admin	support at 1.25
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LoudShout Master	07-Jun-2026 17:12        LoudShout About Contact  Quote this Post!
x 0   x 0  Alert Admin	Here in the disclosure, it says - shareholders should be concerned with any differences of views with regard to working with controlling shareholders.. then it says, management are the key value drivers of the company. Then why do we had a Lead Independent Director, a Chairman of Audit and Risk Committee and a Chairman of Nominating Commitee..? Minority shareholders should be very concerned in this instant...unless there is more clarity on the differences which were noted as having material impact on the group or its financial reporting.   tongphlp      ( Date: 06-Jun-2026 04:10) Posted: white flag.....surrender... SmallSmall      ( Date: 04-Jun-2026 18:08) Posted: This is a big red fla
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LoudShout Master	07-Jun-2026 11:10        LoudShout About Contact  Quote this Post!
x 0   x 0  Alert Admin	We do not know what are the differences in opinions with controlling shareholders, since they are not disclosed.    We can assume, and the Co can imply with the boiler plate disclosure of ongoing review of strategic review.  This inuendo only adds to the confustion. The resigned Lead Indepedent Director also hold and held directorships in well known public institutions and public companies.  He had been with the company for 7 years.   chinhm88      ( Date: 05-Jun-2026 20:19) Posted: Seems like the differences between the resigned director had something to do with the strategy review. Maybe Temasek want to sell, management don't want to sell. Anyway the nature of the business, the basic fundamentals had not changed. The company still doing well with all the outstanding projects. Waiting for a good price point to enter again. JurongW      ( Date: 05-Jun-2026 19:56) Posted:
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ayy002 Senior	06-Jun-2026 09:48        ayy002 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Without clarity, can only go 1 direction
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tongphlp Supreme	06-Jun-2026 04:10        tongphlp About Contact  Quote this Post!
x 0   x 0  Alert Admin	white flag.....surrender... SmallSmall      ( Date: 04-Jun-2026 18:08) Posted: This is a big red flag hmphie      ( Date: 03-Jun-2026 08:31) Posted: The Edge Singapore Lead independent director of CSE Global resigns due to differing views on working with controlling shareholders Teo Zheng Long Tue, Jun 02, 2026 ? 10:49 PM GMT+08 ? 1 min read Tan Chian Khong, lead independent director of CSE Global has resigned with effect from June 2. In the June 2 filing, CSE Global mentioned that Tan?s resignation was due to ?differences of views with regard to working with controlling shareholders.? Based on CSE Global?s latest annual report, Heliconia Capital, an indirect unit of Temasek, is the single largest controlling shareholder, which holds a 23.79% stake in the company. ?Shareholders should be concerned with any differences of views with regards to working with controlling shareholders given that the management are the key value drivers for the company,? CSE Global states in the same filing. Shares of CSE Global closed 4 cents lower, or 2.37% down at $1.65 on June 2. On a year-to-date basis, its share price has gained 60.2%.
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chinhm88 Member	05-Jun-2026 20:19        chinhm88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems like the differences between the resigned director had something to do with the strategy review. Maybe Temasek want to sell, management don't want to sell. Anyway the nature of the business, the basic fundamentals had not changed. The company still doing well with all the outstanding projects. Waiting for a good price point to enter again. JurongW      ( Date: 05-Jun-2026 19:56) Posted:
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JurongW Elite	05-Jun-2026 19:56        JurongW About Contact  Quote this Post! Style: Combined   Mood: Yells: "Earnings give weight, Chart give wings"
x 0   x 0  Alert Admin
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alidaud Senior	05-Jun-2026 11:19        alidaud About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.cakap.net/gann-square-of-9/?s=cse& cp=1.39
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muifan Supreme	05-Jun-2026 11:01        muifan About Contact  Quote this Post!   Yells: "Take the leap of faith dont regret 20 years later!"
x 0   x 0  Alert Admin	Tonight will know if ??Jobpocalypse? by Ai on track, All no jobs see who buy those ai products
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l_tan888 Veteran	05-Jun-2026 10:54        l_tan888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why? When the war will end, months later, prices will start to come down.  Inflation will be much more relieved. Fears of higher interest rates should then be minimized and businesses can start to return to normalcy again. Like it or not, AI is the only way to go forward.  It' s just like 20 years ago when the Internet was just prevailing at that time.  Such technology advancements and enhancements to our daily lives just cannot be ignored nor prevented. Cadence88      ( Date: 05-Jun-2026 10:18) Posted: in the contrary , end of war may cause more problem for the AI theme l_tan888      ( Date: 05-Jun-2026 10:01) Posted: Now the holy grace that can save this current AI meltdown is an end to the war in Iran.
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Cadence88 Veteran	05-Jun-2026 10:18        Cadence88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	in the contrary , end of war may cause more problem for the AI theme l_tan888      ( Date: 05-Jun-2026 10:01) Posted: Now the holy grace that can save this current AI meltdown is an end to the war in Iran.
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l_tan888 Veteran	05-Jun-2026 10:14        l_tan888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	That' s why Bitcoin also gets hammered down.
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l_tan888 Veteran	05-Jun-2026 10:01        l_tan888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now the holy grace that can save this current AI meltdown is an end to the war in Iran.
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l_tan888 Veteran	05-Jun-2026 09:58        l_tan888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I suspect those BBs are cashing out to raise funds for the SpaceX IPO next week.
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LoudShout Master	05-Jun-2026 09:05        LoudShout About Contact  Quote this Post!
x 0   x 0  Alert Admin	Until there is disclosure on what the differences in opinion between the Lead ID who was also Chairman of Risk and Audit and Remuneration Committees and the controlling shareholders, the share price of the company will be weak.
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JurongW Elite	04-Jun-2026 18:42        JurongW About Contact  Quote this Post! Style: Combined   Mood: Yells: "Earnings give weight, Chart give wings"
x 0   x 0  Alert Admin	Recap SBB on 21 May.    Let' s see if CSE does another round of SBB since price closed below last SBB price of 1.53 to 1.61.
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chinhm88 Member	04-Jun-2026 18:13        chinhm88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wa pian, don't spread fear like that, must well say 0.28 better. 7ocean      ( Date: 04-Jun-2026 16:52) Posted: Wah pian... Go back $0.68 again JurongW      ( Date: 04-Jun-2026 16:37) Posted: Long bearish candle on heavy volume - next week price action looks grim. Best to stay sidelined, rushing into buys now is risky. What feels cheap today may look even cheaper next week.
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