| Latest Forum Topics / CSE Global Last:1.44 -- |
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CSE Global
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Tob231
Elite |
17-Jan-2025 08:55
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LG, that' s true (big big news) but i find lesser and lesser good discussion. maybe they have went to other platform | ||||
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lifeisgood
Supreme |
16-Jan-2025 18:56
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Seems like there is a lot of interest in this stock. In a dead SGX market, to have a few people discussing 1 stock like CSE Global, not even a blue chip, is already considered very impressive. Lets see what comes next. Not vested.
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Tob231
Elite |
16-Jan-2025 18:03
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wondering who is selling at 0.425 ... i' m sure time will reveal when .... ??????? so few are buying above 0.43 .... better to wait and see .... quite dicey |
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tccroy
Elite |
15-Jan-2025 15:37
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Time will reveal.
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Tob231
Elite |
15-Jan-2025 15:26
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not say don' t believe you but you have not provide your finding or info ...
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Tob231
Elite |
15-Jan-2025 15:24
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that' s possible better to be cautious than to be gungho. please feel free to share
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Tob231
Elite |
15-Jan-2025 15:22
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According to CSE Global, the customer called on the SBLC and the bank made a payment of US$6 million to the customer on Dec 20. 27 Dec 2024 when the news was released the price dropped below 40c and could have gone all the way down to 30c. Ah gong probably has intervened and currently supported. Any lousy bad news likely to sink the ship |
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Tob231
Elite |
15-Jan-2025 15:17
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don' t think anyone is pronouncing that it will definitely drop. it is just not clear about the legal case with the customer. it is questionable how a customer can decide to drawdown US$6m ... for whatever cause ??? There should mechanism in place ... even developer at every stage of the construction has an independent third party to verify if the stage of construction is ready to release the monies .... at this stage nothing is being released to public, not even the name of the customer
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ayy002
Senior |
15-Jan-2025 14:29
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if cannot recover the $$$, then sub 30 highly possible. | ||||
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Stocky901
Supreme |
15-Jan-2025 11:18
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Selling down everyday.. below 40c soon.. watch out 🤫 🤐 👀 👀 👁 ️ 👁 ️ | ||||
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tccroy
Elite |
15-Jan-2025 11:03
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I advise those who have lost confident in this stock, to throw and switch to other counters. | ||||
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Tob231
Elite |
15-Jan-2025 10:10
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The chart is showing more downside and many things is unclear. Seems to me an invisible hands is not wanting the price to plunge further and keeping it there. imho |
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Tob231
Elite |
15-Jan-2025 09:21
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low can go lower ... just that this drawdown is quite funny. if they have gone through many of such cases, there should be more mechanism to safeguard such frivolous drawdown. do you agree ??? don' t they have independent third party to verify calims before drawdown ??? i' m sure there are project engineer or officer ... anything. every milestone would have proper paperwork. don' t think it is purely miscommunication ..... ??? it appears the management has no confidence of winning the case ??? |
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tccroy
Elite |
15-Jan-2025 08:45
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Don't miss the opportunity to enter at low price. 抓 住 机 会 买 入 | ||||
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Tob231
Elite |
14-Jan-2025 21:10
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personally the announcement made on 27 Dec 2024 give me a feeling that the management is being played out by the customer. there has to be contract' s scope and timeline. cse' s staff should be on top of it. how can it even happened ??? customer ki siao ??? haha ... someone said Texas is generally quite strict to enforce contracts. clause 3 seems to imply the chance cse might has failed to meet agreed standard .... 2. The Company and the Board are of the view that the call on the SBLC by the Customer was frivolous and without merit. The Company has sought legal advice and intends to commence Legal Proceedings against the Customer to recover the amount paid to the Customer under the SBLC. The Company will take all steps necessary to preserve its rights and intends to pursue the claims against the Customer vigorously. 3. In the event that the Company does not succeed in the Legal Proceedings or is unable to recover the full amount paid to the Customer by the bank under the SBLC, there may be an impact on the financial performance of the Group for the current financial year ending 31 December 2024 (&ldquo FY2024&rdquo ). However, given that the Legal Proceedings are in the preliminary stage, the Company is currently unable to quantify the impact of the Legal Proceedings on the financial performance of the Group for FY2024. |
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Nippon72
Veteran |
14-Jan-2025 20:57
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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I maintain my little faith only becos ah gong has a stake in CSE global and their CEO has skin the game. The lawsuits are actually quite confidence shaking. Will exit if they cannot keep up their divvy as this is my sanity check on their cashflow litmus test. Of course not thru increasing debt to pay it. |
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Octavia
Supreme |
14-Jan-2025 17:59
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Used to own quite a fair bit of this counter but as years go by I noticed it seemed that it has alot of legal cases and their earnings are not high margin though got a robust contract order. | ||||
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ayy002
Senior |
14-Jan-2025 14:30
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definitely no returning back, breakdown in comms | ||||
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Tob231
Elite |
14-Jan-2025 10:31
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legal case is not definite. one thing is sure the $6m is with the customer. cse asserts that the terms of the contract were not violated .... haha much depend on the t& c of the lc. even if cse won, the relationship will be soured. |
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tccroy
Elite |
10-Jan-2025 20:58
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Today's market down sharply, CSE down only one bid is consider normal. | ||||
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