Dyna-Mac Holdings

kopi-C: the Company brew

We went from near-bankruptcy to having a record order book: Dyna-Mac’s CEO

To save the business, Lim took a different approach to customers and contracts.

Geopolitics

South Korea is making weapons faster and cheaper than the US

Hanwha’s revival reflects a gap in the global defence industry.
ST Engineering buys back shares again after 1Q update; Keppel sells Dyna-Mac stake to Hanwha - THE EDGE SINGAPORE

Insider moves

ST Engineering buys back shares again after 1Q update; Keppel sells Dyna-Mac stake to Hanwha

The strong showing helped lift ST Engineering’s share price to as high as $4.30 on May 15, its highest level in 50 months
Dyna-Mac to enjoy synergies with new substantial shareholder Hanwha, says Maybank Securities - THE EDGE SINGAPORE

Broker's Calls

Dyna-Mac to enjoy synergies with new substantial shareholder Hanwha, says Maybank Securities

The sale by Keppel has removed an overhang on Dyna-Mac's share price
DBS keeps 'buy' on Keppel following divestment of stake in Dyna-Mac, expects further asset monetisation ahead - THE EDGE SINGAPORE

Broker's Calls

DBS keeps 'buy' on Keppel following divestment of stake in Dyna-Mac, expects further asset monetisation ahead

Current buoyant charter markets have improved the operating income for these assets and bode well for asset sale opportunities
Keppel divests entire stake in Dyna-Mac Holdings for $100 million - THE EDGE SINGAPORE

Company in the news

Keppel divests entire stake in Dyna-Mac Holdings for $100 million

Keppel invested in Dyna-Mac back in 2011, paying 35 cents each
Dyan-Mac an 'irresistible' proxy to oil and gas upcycle, says Lim & Tan - THE EDGE SINGAPORE

Broker's Calls

Dyna-Mac an 'irresistible' proxy to oil and gas upcycle, says Lim & Tan

Dyna-Mac is trading at an 'undemanding valuation' of 10.3x PE versus 19.5x average of its peers
Maybank Securities upgrades Dyna-Mac's target price on new orders and better margins - THE EDGE SINGAPORE

Broker's Calls

Maybank, OCBC raise Dyna-Mac's target price on new orders and better margins

With the bigger space, Seet expects the company to gun for larger contracts.

Results

Dyna-Mac reports 81.6% y-o-y increase in 2HFY2023 earnings of $18.5 mil, 114% y-o-y increase for the full year

This higher margin was from better utilisation of capacity, improved productivity and tighter cost control, says Dyna-Mac.
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