CSE Global

At the current price of 1.01 and after deducting 28 cents special dividend, does that mean each CSE share is only worth 73 cents? This does not make sense as CSE should be worth at least 80 cents in future.

28-c special dividend is coming!


The Board of Directors (the Board) of CSE Global Limited (the Company) refers to its announcement dated 28 November 2013 in respect of the proposed divestment of the Company's entire shareholding interest in Servelec Group plc.

The Company is pleased to inform its shareholders that the initial public offering of the Servelec Group plc shares was successfully completed on 2 December 2013, and the shares of Servelec Group plc were listed for trading on the London Stock Exchange on 2 December 2013.

SWN: Thank you -- may I ask why you reckon CSE is worth about 80c post-special dividend?

Interesting piece on CSE at: misimpleinvest.blogspot.sg/

There is some buying interest in CSE -- why?

Del wrote: There is some buying interest in CSE -- why?

Cos of the 28-c special dividend, what else?
There is upward pressure on the stock price and I expect 1.03 to be gobbled up.

X-dividend date is 30 Dec. Last day to qualify is 27 Dec Friday.