- As CSE Global (SGX:544) has production facilities in the US, the impact from the Trump tariffs should be minimal. Its acquisition of Chicago Communications for US$8.5m will be accretive to EPS and will be vital for expanding its critical communications business in the US, especially with data-centre clients.
Expect minimal impact from Trump tariffs
- - Read this at SGinvestors.io -
- CSE Global is also expanding its US facility, which will play well into avoiding these tariffs. However, if the tariffs remain, the US and global economy will be impacted and CSE Global might be faced with fewer orders or delay in projects, which may impact profitability.
Breaking into data centres for critical coms
- - Read this at SGinvestors.io -
- We believe this will be the first of many to come as the pipeline of data centres to be built globally, especially in the US, remains robust.
Maintain BUY with a slightly lower target price of S$0.58
- Read more at SGinvestors.io.
