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Dyna-Mac Holdings
Broker's Calls
DBS keeps 'buy' on Keppel following divestment of stake in Dyna-Mac, expects further asset monetisation ahead
Current buoyant charter markets have improved the operating income for these assets and bode well for asset sale opportunities
May 16, 2024
M&A
Dyna-Mac acquires Exterran Offshore for US$8.25 million
Exterran’s yard facilities of some 4.5 hectares along Gul Road will provide additional fabrication capacity for the company.
January 03, 2024
Broker's Calls
Dyna-Mac's recent correction 'overdone', says Maybank Securities
The company might pay out special dividends if there's no M&A
December 11, 2023
Broker's Calls
Maybank maintains 'buy' call and 51 cents target price on Dyna-Mac following $88 mil contract win
Dyna-Mac's new space corresponds with stronger demand for oil rigs over the medium term
October 03, 2023
Contracts
Dyna-Mac wins new orders worth $88 million, total orderbook hits $630.7 million
The new contracts will be fulfilled using new yard space recently secured
October 02, 2023
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.
September 24, 2023
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
August 24, 2023
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.
August 15, 2023
Broker's Calls
Brokers' Digest: IREIT Global, Dyna-Mac Holdings, OCBC, Venture Corporation, StarHub
See what the analysts have to say this week.
August 11, 2023
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
August 09, 2023