Dyna-Mac - Maybank Research 2023-06-26: Key Takeaways From Invest ASEAN 2023

• We hosted Dyna-Mac (SGX:NO4) at our Invest ASEAN 2023 conference last week. Management of Dyna-Mac is focusing on its yard expansion plan and remains confident of leasing land near its current facilities by the end of 2023, potentially expanding capacity by 30-40% as it is currently close to full utilisation. It is also exploring M&A opportunities and hopes to acquire similar industry businesses with recurring revenues.
• - Read this at SGinvestors.io -

Stronger quarters ahead

• 1Q is usually the weakest quarter for Dyna-Mac as holidays like the Chinese New Year disrupt operations. We expect better quarters ahead for Dyna-Mac and remain confident in management’s execution ability.
• - Read this at SGinvestors.io -
• With utilisation now above 90%, we believe it’s a good signal to its potential upcoming financial performance.

Target to expand capacity by 30-40%

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Read also Maybank's most recent report:
2024-10-14 Dyna-Mac - Accept The Offer Of S$0.67.

Previous report by Maybank:
2024-09-12 Dyna-Mac - Offer Of S$0.60 Per Share ~ Better To Wait & See.

Price targets by other brokers at Dyna-Mac Target Prices.

Listing of research reports at Dyna-Mac Analyst Reports.

Relevant links:
Dyna-Mac Share Price History,
Dyna-Mac Announcements,
Dyna-Mac Dividend Payout Dates & Corporate Actions,
Dyna-Mac News