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CSE Global
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ayy002
Senior |
06-Mar-2026 15:24
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looks more like profit taking | ||||
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whiteegg
Member |
06-Mar-2026 14:15
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shortist at work selling down from 1.41 to 1.35, they are going to cover back and pay heavily as this is a flying horse | ||||
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ayy002
Senior |
06-Mar-2026 11:24
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this horse has wings. | ||||
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trader1970
Elite |
06-Mar-2026 10:50
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First target 144 to 150... | ||||
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wehuattogether88
Supreme |
06-Mar-2026 10:48
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Looking at the way CSE share price react after strategic review statement, S$1.60 might be a conservative TP. Just my thoughts. |
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Joelton
Supreme |
06-Mar-2026 10:31
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CSE Global undergoes strategic review after request from controlling shareholder Heliconia Capital Management
It is weighing options including potential transactions involving its shares, or all or part of its business and assets
[SINGAPORE] CSE Global : 544 -1.56% is in the early stages of a strategic review and is assessing various options, said the mainboard-listed group on Thursday (Mar 5).
The strategic review includes &ldquo among others, an analysis of strategic options available to the company and an analysis of possible transactions involving the company&rsquo s shares and/or all or part of the company&rsquo s business and assets&rdquo , it stated.
The review follows a request CSE Global received from its controlling shareholder Heliconia Capital Management, a wholly owned investment firm of Temasek Holdings. Heliconia Capital focuses on helping Singaporean and South-east Asian small and medium-sized enterprises to grow into regional or global leaders.
The review also comes on the back of the group&rsquo s receipt of a non-binding, preliminary indicative expression of interest from an unnamed party to discuss a potential strategic transaction in relation to the company.
In connection with the strategic review, CSE Global noted that it will consider the expression of interest, which did not contain further details on the transaction scope or any indicative price. It added that there have been no discussions between the board and the other party on the expression of interest, to date.
CSE Global emphasised that &ldquo there is no certainty or assurance that any definitive agreement will be entered into, or any transaction will materialise from the strategic review&rdquo .
The group is in the process of appointing a financial adviser to assist it in the review.
This comes as CSE Global&rsquo s net profit surged 87.1 per cent to S$21.2 million for the second half ended Dec 31, from S$11.3 million in the year-ago period.
The earnings growth was primarily due to a 22.1 per cent year-on-year rise in revenue to S$528 million, which came amid growth in the group&rsquo s electrification and communications business segments in the Americas, the group had said on Feb 26.
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whiteegg
Member |
06-Mar-2026 10:17
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Using google gemini, these are the assessment on the price tag: ----------------------------------------- A strategic buyer rarely pays just the " target price" &mdash they pay a premium to gain control. In the Singapore market, takeover premiums typically range from 15% to 30% over the prevailing market price or the 1-month Volume Weighted Average Price (VWAP).
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JurongW
Elite |
05-Mar-2026 19:06
Yells: "Earnings give weight, Chart give wings" |
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Regardless, just by looking at " Maximise shareholder value" already feel shiok, meaning this stock still have potential to rise even more. Most importantly, I ask ms-copilot to elaborate this sentence: receipt of a non binding, preliminary indicative expression of interest from a party (the &ldquo EOI&rdquo ) to discuss a potential strategic transaction in relation to the Company. Receipt of a nonbinding, preliminary indicative expression of interest (EOI):
The company has received a message from another party saying they might be interested in doing a deal. It&rsquo s &ldquo nonbinding,&rdquo meaning it&rsquo s not a firm commitment&mdash just an early signal. &ldquo Preliminary&rdquo and &ldquo indicative&rdquo emphasize that it&rsquo s tentative and subject to change.
From a party (the &ldquo EOI&rdquo ):
The interested party is the one who sent this expression of interest. The term &ldquo EOI&rdquo is shorthand for that document or communication.
To discuss a potential strategic transaction in relation to the Company: The party wants to start conversations about a possible big-picture deal&mdash something like a merger, acquisition, partnership, or investment&mdash that could affect the company&rsquo s future direction.
In simpler words: The company has received an early, informal note from someone saying, &ldquo We might be interested in exploring a deal with you.&rdquo It&rsquo s not a binding offer, just an opening to start discussions about a possible strategic move.
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chinhm88
Member |
05-Mar-2026 18:00
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Didn`t reveal much and don`t know what they are talking about. Only know Heliconia Capital is Temasek Holding. Just hope maybe Ah Gong going to take CSE private. Huat ah.
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JurongW
Elite |
05-Mar-2026 17:30
Yells: "Earnings give weight, Chart give wings" |
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Strategic Review to Maximise Shareholder Value Details: https://links.sgx.com/1.0.0/corporate-announcements/C80Y4F2WN7R19ZHV/877502_CSE_Strategic%20Review.pdf |
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ayy002
Senior |
03-Mar-2026 15:50
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need BB help | ||||
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whiteegg
Member |
03-Mar-2026 12:14
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all the big shots - aem, frenken and ums have chiong high waiting for this small brother cse to join the hype soon into 1.4 and above. |
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Joelton
Supreme |
03-Mar-2026 11:35
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Analysts remain positive on CSE Global following recent FY2025 results Analysts from CGS International, RHB Bank Singapore and Maybank Securities are keeping their respective &ldquo add&rdquo and &ldquo buy&rdquo calls on CSE Global (SGX:544) following the recent FY2025 results. In their Feb 27 report, CGS International analysts, Tan Jie Hui and Lim Siew Khee, are maintaining a &ldquo buy&rdquo call on CSE Global with a target price of $1.50. &ldquo CSE Global posted FY2025 net profit of $37.5m, up 42% y-o-y, beating our estimates and Bloomberg consensus estimates at 110% and 108% respectively, fueled by lower-than-expected admin costs and tax savings,&rdquo states both Tan and Lim. Both analysts mentioned that CSE Global&rsquo s management foresees some elevated operating costs persisting into FY2026 given scaling requirements and higher absolute activity levels. However, management believes that FY2025 is likely to have captured the bulk of one-off start-up costs, with FY2026 expected to benefit from better EBITDA and net margins as revenue increases. &ldquo We expect electrification revenue growth in FY2026 to outpace FY2025&rsquo s growth rate of 17% y-o-y, supported by a record-high electrification order intake of $593 million and a strong order book of $462 million,&rdquo both analysts predict. From the team&rsquo s perspective, they believe that Amazon Web Services (AWS) will anchor CSE Global&rsquo s FY2026 growth under a five-year, $1.5 billion alliance, with the new 241,000 sq ft Champion facility tripling existing AWS capacity, positioning CSE Global for multi-year volume ramp-up as production expands. The CGS International team adjusted FY2026&rsquo s earnings per share (EPS) by 2% and flat for FY2027 on higher revenue recognition from the existing orderbook for FY2026. Target price remained at $1.50, based on 19 times FY2027 P/E ratio, which is +1 standard deviation above 10-year mean. For RHB Bank Singapore analyst, Alfie Yeo, he sees CSE Global&rsquo s earnings before interest tax (EBIT) margin for FY2025 below his estimates at 5.2% due to a lower gross profit margin (27%, down 1 percentage points y-o-y) and a lower mix of communication segment&rsquo s revenue. &ldquo We raise FY2026 and FY2027 earnings by a marginal 1% and 2% respectively. Our revenue estimates are increased by 7% each as we expect Amazon orders to scale up going forward, offset by higher expenses and lower margins, in preparation for the ramp up in Amazon&rsquo s orders,&rdquo says Yeo. Yeo expects CSE Global to continue witnessing strong revenue growth going forward, backed by Amazon orders, which will support strong earnings growth projection over the next few years. &ldquo We now peg the stock from 20 times to 22 times FY2026 P/E, in view of positive fund flows that will provide tailwind and support for valuation in the Singapore market,&rdquo explains Yeo. Yeo keeps his &ldquo buy&rdquo call on CSE Global with a new target price of $1.48, from the previous target price of $1.22. This represents a 12% upside and a 3% dividend yield for FY2026. Maybank Securities analyst, Jarick Seet, sees CSE Global as a &ldquo proxy for AI data centres in the US&rdquo . Currently, CSE Global has an orderbook of $709.5 million as of Dec 31, 2025. &ldquo The new lease site for its key data centre customer will be ready by April, after which we expect revenue from this customer to ramp up significantly. CSE Global secured a US$143 million order back in Dec 2025 from this customer and the order is slated for completion in 2026. We expect CSE Global to secure $1.1 billion of orders in 2026. For FY2026, Seet expects CSE Global&rsquo s net margins to improve slightly to 4% as there are still expansion costs needed for its data centre operations despite the growth in revenue. &ldquo We remain bullish on CSE Global&rsquo s outlook and see potential for a multi-year growth story. The company expects to more than triple capacity by FY2027 and FY2028, and we believe it will secure another data centre client by 1QFY2027,&rdquo predicts Seet. As such, Seet maintains &ldquo buy&rdquo and raises CSE Global&rsquo s FY2026 and FY2027&rsquo s PATMI by 10.5% and 23.8% respectively, and lifts his target price to $1.52 from $1.20. The higher target price derives from a higher FY2026 P/E of 25 times from 20 times. UOB KayHian analysts, John Cheong and Heidi Mo, believes that while FY2025 margins were weighed down by project provisions and expansion costs, the scale and quality of recent contract wins provide strong medium-term revenue visibility. " Execution discipline and working capital normalisation will be key to translating the record order pipeline into improved operating leverage in FY2026," both analysts explain in their Feb 27 report. Meanwhile, CSE Global' s net debt position more than doubled to $163 million, compared against FY2024' s figure of $72 million, with net gearing rising from 0.28 times to 0.59 times. " While leverage remains manageable, we note that balance sheet intensity increased alongside project expansion," explains both Cheong and Mo. Hence, the team is keeping " buy" on CSE Global with a higher target price of $1.43, from the previous target price of $1.22. The higher target price arises from earnings upgrade and applying a higher valuation peg. " Our target price is based on 25 times FY2026 PE (+1.5 standard deviation to mean), up from 21 times (+1 standard deviation to mean) previously on improving margins, record-high order intake and continued growth in US electrification. We expect continued earnings momentum and stronger operating leverage moving forward," concludes the team. Beansprout analyst, Ng Hui Min, in her Mar 2 report, states that CSE Global' s electrification segment was the key growth engine for 2HFY2025, given that revenue climbed 34% y-o-y to $292.3 million, supported by data centre and LNG contracts in the Americas, with AWS orders beginning to flow from December. " EBITDA was stable at $20.9 million but margin compressed to 7.1% due to wastewater provisions (including a $1.7 million revenue reversal) and higher ramp-up costs (labour, facilities and equipment)," says Ng. From Ng' s perspective, CSE Global is expecting a healthy FY2026 with current order book level of $709.5 million, supported by a resilient " flow" business (71% of revenue in FY2025 versus 69% in FY2024). Ng adds that the company is prioritising Electrification and Communications, with data centres a key driver. As such, she is maintaining " buy" on CSE Global with a higher target price of $1.45, from the previous target price of $1.40. The higher target price is based on a rolled-forward DCF, implying a 13.3% upside. " At $1.45, CSE Global would trade at 22.8 times FY2026F P/E with 1.9% forward yield. Valuation remains attractive versus US electrical/power infrastructure peers, with CSE Global at 11.4 times forward EV/EBITDA and 20.2 times forward P/E versus peer medians of 16.2 times and 27.6 times," Ng concludes. |
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ayy002
Senior |
02-Mar-2026 13:07
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ya, the lucky ones got it 1.22 | ||||
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whiteegg
Member |
02-Mar-2026 11:08
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no more low of 1.2, bargain hunters have pick up many this morning. this horse is heading towards 1.4 and 1.5 once it gather speed to gallop off |
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ayy002
Senior |
02-Mar-2026 09:04
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wait fot 1.2 | ||||
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whiteegg
Member |
27-Feb-2026 16:33
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Maybank up CSE TP 1.51 | ||||
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whiteegg
Member |
27-Feb-2026 16:01
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overshadow by all the shipping and AI hypes in other counters, CSE will return back strong towards 1.40 in coming days | ||||
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Joelton
Supreme |
27-Feb-2026 11:20
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CSE Global FY2025 net profit jumps 42.3% y-o-y to $37.5 mil on the back of $968.9 mil revenue
CSE Global&rsquo s FY2025 net profit increased by 42.3% to $37.5 million, driven by a 12.5% rise in revenue to $968.9 million. The growth was primarily fuelled by the electrical and communications business segments in the Americas.
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ayy002
Senior |
27-Feb-2026 10:45
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range bound unless got BB help | ||||
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