- 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.