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1621-1640 of 2094
50cent coming
sheerluck ( Date: 11-May-2018 10:31) Posted:
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Chiong!
*CSE Global
- 1Q18 net profit surged 90% to $5.7m, achieving 37% of full-year consensus estimate.
- Revenue jumped 23.7% to $92.2m from growth in oil & gas (+23.3%) and infrastructure (+24%) segments. These were mainly driven by oil & gas projects in the Americas (+66.7%).
- Gross margin narrowed 2.4ppt to 26.8% but operating expenses were well contained, reflecting higher labour productivity and cost efficiencies.
- Fewer new orders secured (-41.5% to $68.9m) further depleled order book to $148.6m (-15% q/q).
- Going forward, several large projects are expected to reach billing milestones in 2Q18 and 3Q18.
- Based on latest results, forward P/E of 14.7x appear to be conservative.
- 1Q18 net profit surged 90% to $5.7m, achieving 37% of full-year consensus estimate.
- Revenue jumped 23.7% to $92.2m from growth in oil & gas (+23.3%) and infrastructure (+24%) segments. These were mainly driven by oil & gas projects in the Americas (+66.7%).
- Gross margin narrowed 2.4ppt to 26.8% but operating expenses were well contained, reflecting higher labour productivity and cost efficiencies.
- Fewer new orders secured (-41.5% to $68.9m) further depleled order book to $148.6m (-15% q/q).
- Going forward, several large projects are expected to reach billing milestones in 2Q18 and 3Q18.
- Based on latest results, forward P/E of 14.7x appear to be conservative.
Scoop up more...
" On the outlook, Mr Lim added, &ldquo With the uncertain global economic outlook and low commodity prices, the operating environment remains challenging. The Group will continue to support and service its existing installed base or customers as well as explore available opportunities in the market together with Serba Dinamik. The Group currently has several large projects that will reach billing milestones in 2Q and 3Q of 2018, to which the Group is confident of achieving a positive operating cashflow for FY2018.&rdquo Looking ahead, CSE expects its performance to be profitable for the current financial year. CSE will continue to explore acquisition opportunities to support its long term sustainable growth objectives."
" On the outlook, Mr Lim added, &ldquo With the uncertain global economic outlook and low commodity prices, the operating environment remains challenging. The Group will continue to support and service its existing installed base or customers as well as explore available opportunities in the market together with Serba Dinamik. The Group currently has several large projects that will reach billing milestones in 2Q and 3Q of 2018, to which the Group is confident of achieving a positive operating cashflow for FY2018.&rdquo Looking ahead, CSE expects its performance to be profitable for the current financial year. CSE will continue to explore acquisition opportunities to support its long term sustainable growth objectives."
becoz DR M become PM?
Starwar88 ( Date: 10-May-2018 09:05) Posted:
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Jialat. Profit jump so much, still open down. Back to square 1?
guards80 ( Date: 10-May-2018 09:02) Posted:
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sell on news?
guards80 ( Date: 09-May-2018 17:59) Posted:
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CSE Global: Net Profit Jumps 90% To S$5.7 Million.
09 May 2018 17:50
Revenue growth of 23.7% across all industry segments. Strong net profit growth of 90% on the back of revenue growth and resilient gross margin. Lower order intake of S$68.9m due to seasonally slow quarter. Remains in net cash position...
No power. See tmr liaoz
Octavia ( Date: 09-May-2018 14:01) Posted:
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haha...gobble up 44c liao.
guards80 ( Date: 09-May-2018 13:22) Posted:
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support but nobody want eat 440. see later can eat up 455?
Octavia ( Date: 09-May-2018 13:21) Posted:
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Strong vol and price very well supported b4 result announcement....likely to be good.
Should be tmr after trading hours.
Starwar88 ( Date: 08-May-2018 21:49) Posted:
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Results not out yet
How is the result ?no good ?
Octavia ( Date: 08-May-2018 14:03) Posted:
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This one XD from 0.43c never go below 0.415.
Hit 0.45 today before result tmor.
Selling before result?
Hit 0.45 today before result tmor.
Selling before result?
Octavia ( Date: 24-Apr-2018 20:40) Posted:
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this stock can hold uptrend intact minimum 0.480
Last day to buy today to get the 1.5c dividend.XD on 30 Apr18(Monday)
If 1Q18 fin result is positive,it wld be a another catalyst to the price movement.
If 1Q18 fin result is positive,it wld be a another catalyst to the price movement.
1Q18 fin result tba on 9 May18 after trading hrs.
Quite steady at 42-42.5. If the new SSH or friends start buying, the stock may head towards 50c. But there seems to be sellers at all higher levels. This is the result of the share price collapsing slowly from a much higher level. Sianz.