CSE Global - UOB Kay Hian 2025-01-07: Good Buying Opportunity As Company Scales Up In The US

• Maintain BUY rating on CSE Global with an unchanged CSE Global's target price of S$0.59.
• - Read this at SGinvestors.io -
• CSE Global also divested a US property for US$29m, with plans to reinvest the proceeds into a larger facility while continuing to lease the divested property. This reflects its plans to capitalise on future opportunities in the electrification sector.

Legal proceedings by US subsidiary against customer; expect limited impact.

• - Read this at SGinvestors.io -
• CSE Global believes the call was unjustified and is actively seeking to recover the amount.
• While the legal proceedings are still in the early stages, we expect the US$6m to be recovered, resulting in minimal impact on CSE Global’s FY24 performance.

Divestment of US facility to pave way for further expansion.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2026-03-26 CSE Global - Positive On Record-high Data Centre-led Orders; Strong Growth Trajectory.

Previous report by UOB:
2025-11-24 CSE Global - Well-positioned For Huge Data Centre Projects.

Price targets by 3 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 Dividend Payout Dates & Corporate Actions,
CSE Global News