Dyna-Mac Holdings

Broker's Calls

OCBC reiterates 'buy' on Dyna-Mac, sees recent drop a 'buying opportunity'

The long-term fundamentals for the offshore oil and gas (O&G) industry remain sound.
Kim Heng chairman Tan raises stake; Kimly continues share buybacks - THE EDGE SINGAPORE

Insider moves

Kim Heng chairman Tan raises stake; Kimly continues share buybacks

Kim Heng is riding on a recovery in the offshore and marine sector

Company in the news

Dyna-Mac Holdings enters two year MOU with Kim Heng to grow floating production storage and offloading module projects

This “win-win” partnership allows Dyna-Mac greater flexibility to address the spikes in FPSO vessel module fabrication demand.

Broker's Calls

Maybank Securities raises target price for Dyna-Mac to 51 cents

Seet's new target price of 51 cents is pegged to 20x forward FY2024 earnings
Higher project revenue recognition and interest income lifts Dyna-Mac's 1HFY2023 earnings by 218% - THE EDGE SINGAPORE

Results

Higher project revenue recognition and interest income lifts Dyna-Mac's 1HFY2023 earnings by 218%

As at June 30, the company has built up an orderbook of some $542.7 million.

Broker's Calls

OCBC raises Dyna-Mac's target price to 41.5 cents from 37 cents

'Dyna-Mac certainly stands out amongst its peers given its resilient growth profile and strong net cash position'

Broker's Calls

Maybank keeps 'buy' on Dyna-Mac as company eyes yard expansion

Analyst Jarick Seet gas also kept an unchanged target price of 40 cents.

Broker's Calls

OCBC Investment Research ups Dyna-Mac’s target price to 41.5 cents

OCBC analyst Ada Lim notes that the recent upcycle in the offshore and marine (O&M) sector might be stronger than expected.
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