| Latest Forum Topics / Dyna-Mac |
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Dyna mac
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stlimst
Master |
22-Jun-2024 12:06
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Yup, certainly more attractive buying the warrant now with discount. Dyna Mac has been stagnant for quite awhile and there were a some movement last 2 days. I believe the time has come for Dyna to perform.  The company is doing exceptionally well and with strong backing from big investors and partners -  plenty of catalysts. Most of my holding is in my SRS account which is meant for investment and not trading. Will review my holding comes August after their hald-yealy result. I have some warrants from the allotment but cannot use SRS to add more warrants. Just be aware that you need $0.15 to convert the warrant to mother share. Good luck to all.
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Damnshiok
Master |
21-Jun-2024 23:28
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Visit GE thread to see how gangster is being whack left right center.... big drama stir by gangster fellow 
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bernardc
Elite |
21-Jun-2024 12:40
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The wall is thick...ya
But the wall is low with warrants..,now come with discount too..
July is round the corner..the wise will pick up warrant..pick up the discount ..on subscription...no fees payable...
Go baby go...
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stlimst
Master |
21-Jun-2024 11:26
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Goodness the wall at $0.41 is really thick. But I am not detered. The force of BBs will bring that down aided by the parties and supporters. OK, I will buy another 100 shares at $0.41 to support - that' s my money for dinner tonite. Let' s crash the $0.41 wall together. |
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Damnshiok
Master |
20-Jun-2024 22:58
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3 meals provided for you.. you are free to use SJ during your work hours to earn your weekend meals 
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stlimst
Master |
20-Jun-2024 21:46
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Wah, the squabbling parties are back - yea yea yea. Also BBs are here too. Wow, tomorrow we will see Dyna Mac breaking all time high. Good luck all supporters. |
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Damnshiok
Master |
20-Jun-2024 21:13
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Wah, so fast you miss ling lau beh ah?? You must be very bored without any friends.. I see you go so many thread to pick up argument with so many people..at least i am very focus haha anyway, my holdings already offload months ago but you still help me advertise about it... by the way, can see you are ' 1 lot' holder for every counter that you visit, why waste so much time analyzing.. better to concentrate all your holdings in 1 counter lah...  I can offer you a role to clean one of my Dorm' s toilets if you are bored... can PM me..
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stlimst
Master |
20-Jun-2024 14:38
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Bro Panda8, for now I am still holding on to my 300 shares so can only smell the Kopi but not drink it yet. Waiting till Jul/Aug. Looks like the tussle between buyer/seller at  $0.395 and $0.40 is going on now. Once $0.40 breaks, then Dyna will likely most up faster. Since squabbling parties couldn' t help,  BBs, please help. I will continue to buy 100 shares and forgo tomorrow' s lunch too, if needed.
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Panda8
Veteran |
20-Jun-2024 14:13
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Congra on your fragrance kopi ! cheer .......
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Tempest
Master |
20-Jun-2024 13:54
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See the previous posts. Already call for buying sphere. The gain was easy predictable as BBs are gearing up to push the price above 0.40 and 0.50 in no time. A matter of when it happens. Always Dyodd fast to avoid being left out. Rocket wait no people
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Panda8
Veteran |
20-Jun-2024 10:07
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come July when they can convert warrant to ordinary share, may be they will push up again? you decide ...... | ||||
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stlimst
Master |
20-Jun-2024 09:41
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Wow, thanks BB.  Bought 300 shares at average of $0.375. Make kopi money if I sell. But I won' t. I may go hungry today, but come August, I will have big feast.
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Panda8
Veteran |
20-Jun-2024 09:36
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BB hear you and they support your action by pushing up to 40 now 
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YakunOng
Member |
20-Jun-2024 09:24
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19 Jun 2024    Offshore oil and gas contractor Dyna-Mac&rsquo s CEO AC Lim shares how he overhauled the company&rsquo s business practices to bring it back from the brink and achieve remarkable growth.  When Lim Ah Cheng, also known as AC Lim, became offshore oil and gas contractor Dyna-Mac&rsquo s chief executive officer in 2020, the firm was in crisis. Its founding chief executive officer had suddenly died of a heart attack, and its poor cash flow was threatening to lead to bankruptcy. &ldquo I chose to work very hard and lead by example. If you push hard to try and turn things around, the staff has to follow,&rdquo says Lim, who is also Dyna-Mac&rsquo s executive chairman. To save the business, he took a different approach to customers and contracts. At the time, partly because of the Covid-19 pandemic, the firm was relying on work from one customer to survive. &ldquo Of course, this company took advantage and drove our fee very low, and constantly told us they had other options, meaning our competitors in China.&rdquo With Dyna-Mac losing money on the contract, Lim took the bold move of contacting one of those rivals, China Merchants Heavy Industry, successfully proposing a joint venture. &ldquo It&rsquo s a win-win. They provide all the manpower and equipment, which cuts our costs, and get to use our name in the industry, which we have built up since we were founded in 1990.&rdquo With the partnership, Dyna-Mac&rsquo s fortunes began to turn. Lim also instituted another change as more contracts became available. &ldquo Previously, the company only did one project at a time, which was not efficient. Now, by overlapping projects, all our trades and workshops are always occupied, which maximises our use of labour and revenue per square metre.&rdquo Under Lim&rsquo s leadership, the firm started to make a profit in 2021, when many other businesses were still showing losses during the pandemic. In the 2023 financial year, it raised its revenue by 32 per cent and increased its profit margin from 4.5 per cent to 7.4 per cent. More recently, it announced a record S$896 million net order book, with project deliveries stretching to 2026. Bringing a can-do spirit to business Lim adds that part of the company&rsquo s turnaround is due to its new, more assertive attitude to courting clients. He explains: &ldquo In the past, we were just passively waiting for opportunities, or going to see potential customers only after we found out about possible work from the news or other sources. This was not good enough.&rdquo &ldquo Now, we go and talk to them even when they do not have jobs for us. We meet them three times, four times, so that they feel our sincerity. Some of them have given work to us directly, instead of us having to go through another contractor. When some of them become bosses in other companies, they remember us too. We have not had to tender for any jobs.&rdquo This can-do spirit extends to solving problems and overcoming obstacles. Lim recalls one client who wanted to bring a construction job to Dyna-Mac&rsquo s fabrication yards in Singapore during the pandemic. &ldquo We didn&rsquo t have any manpower at the time, but he believed in us and gave us the chance to prove that we could get it done.&rdquo Since the start of the pandemic, Dyna-Mac had kept in contact with the relevant government agencies in Singapore, its banking partners and other stakeholders to update them regularly on its status. Leveraging on its relationship with the government, it made an offer. &ldquo We would take charge of bringing workers in: booking the airplane, arranging quarantining, everything.&rdquo The big swing paid off handsomely, with Dyna-Mac even helping to bring in workers for some of the government agencies. &ldquo With our agreement, we were able to get more than 1,000 workers to come to Singapore during the pandemic. This goes to show that you can always find a way forward if you have the tenacity and creativity.&rdquo He notes that heads of firms have to take the lead in inspiring, motivating and guiding staff. &ldquo You have to be on the ground, walk the talk. I go to not only our sites but also our dormitories to find out what our workers are thinking, to talk to them and gain their trust. This encourages communication, breaks down silos, and ensures that we continue to be one united team.&rdquo Strategies for dynamic, dynamite growth Having set Dyna-Mac on a profitable course, Lim has plans to drive further growth through upskilling, diversifications and acquisitions. &ldquo For organic growth in our core competencies, we will continue to partner other firms to grow and share the pie, even if this means giving them more of the profit,&rdquo he says.  &ldquo Singapore companies tend to think that they must have the lion&rsquo s share in any collaboration, but I don&rsquo t agree with this. If you work with others to expand the sector, everybody benefits and gets something. Even if you take only 30 per cent of the profit and they get 70 per cent, why not? Something is better than nothing.&rdquo At the same time, he is eyeing other fields that could use Dyna-Mac&rsquo s expertise. &ldquo We&rsquo re being very careful in this. For example, I&rsquo m a strong believer in sustainability, and we cannot stick to the oil and gas industry for all of our work. But we cannot just go into, say, the solar or wind power sector as we do not know enough about them. Firms have lost their shirt doing that.&rdquo &ldquo Fortunately, what we do know, and are very strong in, is fabricating exotic pipes, and pipes are a key component of emerging renewable energy systems that use hydrogen and ammonia. We can move into liquefied natural gas modules. By making use of our core capabilities as we diversify, we can meet the changing demands of the energy industry and stay ahead.&rdquo Lim adds that acquisitions will help accelerate Dyna-Mac&rsquo s growth. &ldquo We&rsquo re promoting organic growth, but that can take very long. Also, it may be difficult for us to enter sectors where we have no track record. Buying other companies will enable us to address these issues,&rdquo he says. &ldquo Of course, you must also be humble and open to learning new things.&rdquo Looking to the future, he believes that Dyna-Mac can achieve &ldquo explosive&rdquo growth in the next few years. &ldquo We&rsquo ve put ourselves in strong positions for organic and inorganic growth, including being financially prudent and accumulating a cash reserve of over S$200 million which we can use for acquisitions. I think our coming years will be, like our name, dynamite.&rdquo |
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bernardc
Elite |
20-Jun-2024 09:08
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In that case..prepare to fast longer..hahs
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stlimst
Master |
20-Jun-2024 09:06
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Seems to be working....good. OK, bought another 100 shares at 0.39...using dinner money. so today will skip lunch and dinner.
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bernardc
Elite |
20-Jun-2024 09:06
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***Damnshit... It's working..
What a joke
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stlimst
Master |
19-Jun-2024 15:31
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Ah yes, I have repeated the action. Bought another 100 shares at 0.37 with my next week' s lunch money Hopefully can sustain.
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Tempest
Master |
19-Jun-2024 14:15
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Well loaded at 0.36 range. Waiting for BBs to pump this stock up above 0.40 in no time. Dyodd too | ||||
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MrBear12
Supreme |
19-Jun-2024 11:35
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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I am afraid you may have to repeat this to make it sustainable.
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