CSE Global's 4Q order outlook appears promising, UOB Kay Hian analysts write in a note. The technology company's nine-month orderbook at around S$634 million, signals a healthy pipeline for the coming quarters, they say. In the first half of November, CSE Global announced three major contract wins totaling around S$129 million in the U.S., they note. These contract wins, under the company's electrification business, reflect its increasing position to capture demand in the area, the analysts add. UOB KH maintains the stock's buy rating and target price of S$0.59. Shares are flat at S$0.46.(amanda.lee@wsj.com)
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