Seet, citing his channel checks, says there will be even more projects next year up for grabs, especially in the first half of 2024.
Maybank Securities' Jarick Seet believes that the recent over-correction of Dyna-Mac's share price is overdone and is now an attractive buying opportunity, given the company's healthy prospects.
Over the past two months, Singapore-listed O&G stocks have dropped by between 30-50% from their highs. Dyna-Mac, which specialises in building topside modules for oil rigs, was down 40%.
