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Brokers' take: UOBKH lowers target price for CSE Global to S$0.59

$CSE Global(544.SG)$ UOBKH lowers TP from $0.68 to $0.59 due to "due to a more cautious outlook on the oil and gas segment as well as expectations of potentially higher operating costs."
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  • eitokun : Last year before covid breakout, CGS CIMB have target price of 73 cents for CSE global before reduce to 54 cents. These target price are fart as I observed the highest CSE went up is only 58 cents in Feb 2020.

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