- Dyna-Mac (SGX:NO4) said it bought Exterran Offshore Pte Ltd for US$8.25m which will grant it access to an additional 4.5ha of yard facilities along Gul Road, just beside its own facility. We expect this acquisition to expand capacity by 30% which will be positive. As a result, we lift FY24/25E earnings forecast for Dyna-Mac by 10%.
Additional 30% capacity after acquisition
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
1 bonus warrant for every 5 Dyna-Mac shares owned
- 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://maybanktrade.com.sg/.
Jarick Seet Maybank Research | https://www.maybank-ke.com.sg/ 2024-01-05
Read also Maybank's most recent report:
2024-04-03 Dyna-Mac - Largest Contract Ever Won.
Previous report by Maybank:
2024-02-21 Dyna-Mac - On The Fast Track.
Price targets by 2 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
