Dyna-Mac - Maybank Research 2024-01-05: Further Capacity Expansion + Bonus Warrants

• 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 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