Dyna-Mac - Maybank Research 2024-10-14: Accept The Offer Of S$0.67

Dyna-Mac - Accept The Offer Of S$0.67

Published:
Dyna-Mac (SGX:NO4) | SGinvestors.io
  • As we have expected, Hanwha group has raised its offer and announced a final offer of S$0.67 per share for Dyna-Mac, above our Dyna-Mac's target price of S$0.64. The offer is final and there will not be any further raises.
  • - Read this at SGinvestors.io -
  • We believe that this represents a fair exit price for shareholders of Dyna-Mac to realise their investment and reinvest into other under-valued counters.

Offer represents a 10-year high

  • The offer of S$0.67 is higher than Dyna-Mac's closing share price for the past 10 years prior to and including 10 Sep 2024.
  • - Read this at SGinvestors.io -
  • The estate of the founder also said it will need to divest a portion of its shares before exercising its warrants so as not to trigger an obligation to make a mandatory general offer for the firm.

Outlook for Dyna-mac is still positive

  • 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.com/ 2024-10-14



Previous report by Maybank:
2024-09-12 Dyna-Mac - Offer Of S$0.60 Per Share ~ Better To Wait & See.

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





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