CSE Global - Maybank Research 2025-01-20: Drill Baby Drill

CSE Global - Drill Baby Drill

Published:
CSE Global (SGX:544) | SGinvestors.io
  • We believe Trump's declaration of national energy emergency is positive for CSE Global as the number of O&G related projects available will rise after a lukewarm past few years, resulting in CSE Global pivoting to electrification previously.

Trump to boost O&G projects in US

  • - Read this at SGinvestors.io -
  • - Read this at SGinvestors.io -

Expansion to a facility 2-3x larger

  • CSE Global intends to deploy the sale proceeds as capital for the purchase of a larger property in the US, which will likely be built-up in phases. We believe this is due to the substantial growth opportunities available for the electrification of US data and utilities centres etc.
  • We believe it will also explore new states with better and friendlier tax incentives which add more positives for CSE Global.
  • Lastly, we expect the new facility to be more than double of its existing facility which comprises 16.68 acres of land and 215,474 sqft of building size.

Outlook brighter than ever

  • Read more at SGinvestors.io.




Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.maybanktrade.com.sg/.




Jarick Seet Maybank Research | https://www.maybanktrade.com.sg/ 2025-01-20



Previous report by Maybank:
2025-01-06 CSE Global - Validation Of Electrification Prospects.

Price targets by 2 other brokers at CSE Global Target Prices.

Listing of research reports at CSE Global Analyst Reports.

Relevant links:
CSE Global Share Price History,
CSE Global Announcements,
CSE Global Dividends & Corporate Actions,
CSE Global News Articles





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