- Dyna-Mac said it won several contracts worth a total of S$88m that will be for 1Q24 to 2025. Its order book has increased to S$630.7m and it continues to receive many enquiries from both existing and new customers.
- - Read this at SGinvestors.io -
- We have a positive outlook for Dyna-Mac.
Key proxy to strong FPSO demand; S$630.7m orderbook now
- Dyna-Mac (SGX:NO4) secured S$88m worth of contracts recently.
- - Read this at SGinvestors.io -
- The other contracts include the provision of services to execute fabrication, installation and integration work on vessels.
New land could expand capacity by 30-40%
- Read more at SGinvestors.io.
Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.maybanktrade.com.sg/.
Jarick Seet Maybank Research | https://www.maybank-ke.com.sg/ 2023-10-02
Read also Maybank's most recent report:
2024-06-19 Dyna-Mac - Robust FPSO Market Spurs Growth.
Previous report by Maybank:
2024-05-13 Dyna-Mac - Stake Sale At 10% Premium To New Substantial Shareholder; Overhang Cleared.
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 Dividends & Corporate Actions,
Dyna-Mac News Articles