- Dyna-Mac (SGX:NO4) is a leading fabricator of offshore topside modules and facilities, such as floating production storage and offloading (FPSO) vessels. We revise our fair value estimate upwards from S$0.42 to S$0.445, reflecting further upside potential for the company amidst a stronger-than-expected upcycle.
Dyna-Mac achieves S$896m record order book with new contract wins –
- - Read this at SGinvestors.io -
- The contracts involve the construction of process modules (largest-ever win in Dyna-Mac’s history); provision of services for the execution, fabrication, installation, and integration work on vessels; and scope increase for current projects.
- - Read this at SGinvestors.io -
Revise Fair Value estimate to S$0.445
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
Ada Lim OCBC Investment Research | https://www.iocbc.com/ 2024-04-04
Read also OCBC's most recent report:
2024-10-25 Dyna-Mac - Accept The Offer.
Previous report by OCBC:
2024-09-12 Dyna-Mac - A Phoenix Risen From The Ashes Warrants A Greater Glow.
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
