Further upside to Serba Dinamik with favourable outlook
KUCHING: Analysts have revealed that they see further upside to Serba Dinamik Holdings Bhd’s (Serba Dinamik) earnings per share (EPS) growth with CSE Global (CSE) riding on a favourable outlook in the shale-oil production space. Affin Hwang Investment Bank Bhd (Affin Hwang) highlighted this after recently hosting Serba Dinamik and CSE management on a NDR to Singapore. According to Affin Hwang, on how Serba Dinamik’s 24.8 per cent stake in CSE would deliver synergies, the respective management teams revealed that the group would leverage on CSE’s network in the US or Australia, while CSE would benefit from Serba Dinamik’s network…