Hi guys and gals,
I also chanced upon a writeup on CSE Global on Ernest's blog. Rather informative. He cited the following investment merits and risks of CSE Global.
Reasons:
- Strong order books
- Optimistic on multiple fronts
- Strong mgmt capabilities
- Potential M&A target
- Cheap valuations
Risks:
- Foreign currency risk
- Downturn in the oil & gas sector
Do take a look
ernestlim15.blogspot.com/2010/10/cse-glo...lts-underpinned.html
for more details.
Last edit: 13 years 10 months ago by niadmin. Reason: Shorter title
Hi CSE global seem stuck & going lower each dy since it attracts no buying interest. Any view?
need to wait till it announces result 11 Nov, result better be gd to push up px...
Anyone hot on CSE? After disappointing 2011, things improved in 1Q.
82.5 cents -- am not confident if it's a strong buy now. Wished I had picked it up at 75 cents during the selldown a few months ago.
I have passed by CSE Global's building in Ubi. Was surprised to see it -- hey, this is where these guys run a global business?
Only 5% of revenue comes from Singapore, rest from the world. Makes me wonder about the exposure to economic uncertainties and potential execution risks. Not a stock for you if you can't have 50% blind faith.
At the same time, CSE has a consistent track record. So far, the business model looks attractive.