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CSE Global – 4Q FY2011 Profit Guidance
By dzwm87  •  February 7, 2012

Truly, the market has time and again proved the importance of having a margin of safety. Investors following CSE Global will have known about its profit guidance announcement on 6 Feb. Not much information has been disclosed yet from CSE and we will have to wait till its result briefing sometime late Feb.

But first, some thoughts from my side.

In its profit guidance, this was what CSE Global has announced:

“The Board of Directors of CSE Global Limited (“CSE”) wishes to announce that CSE is expected to report a profit which is less than advised in our November 2011 Results Announcement in which it was stated that,

“CSE is confident that despite the turbulent world economic situation its 4Q2011 performance will be better than 3Q2011 and 4Q2010”.

In Q4 2011 CSE has been adversely affected by the fact that several of our customers were late in providing approval for ...

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By dzwm87
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