Dyna-Mac   

Dyna Mac Results 8 Aug

Good news!!! Increase in production capacity to cater to demand spikes will result in increase in revenue and profits.

 

Dyna-Mac: Partners With Kim Heng To Capitalise On Opportunities In FPSO Module Fabrication Sector

 

STI and pil price going down. Waiting for BBs to push up Dyna Mac

 

Anyway oil chiong up now. Maybe tonight WTI going 86 liao😭

easywin      ( Date: 10-Aug-2023 13:37) Posted: Let others earn some if not later no buyers for sgx counters  piscesmonkey      ( Date: 10-Aug-2023 13:34) Posted: Yes i sold. But still chiong up leh hah

 

Let others earn some if not later no buyers for sgx counters 

piscesmonkey      ( Date: 10-Aug-2023 13:34) Posted: Yes i sold. But still chiong up leh haha easywin      ( Date: 10-Aug-2023 13:14) Posted: You said sold already at opening 425 don' t you

 

Starts to pick up. Probably BBs and find managers aware of its astonishing result and potential. Cheers.

chiachiawee      ( Date: 09-Aug-2023 20:32) Posted: Usually, with this kind of astonishing result, price would gap up by 5?10% minimally. We can expect a good price gap up with some profit taking, short covering, before resume its uptrend based on its bright prospects. Let?s see. Cheers.

 

Yes i sold. But still chiong up leh haha

easywin      ( Date: 10-Aug-2023 13:14) Posted: You said sold already at opening 425 don' t you? piscesmonkey      ( Date: 10-Aug-2023 13:07) Posted: Strong buying just start le

 

You said sold already at opening 425 don' t you?

piscesmonkey      ( Date: 10-Aug-2023 13:07) Posted: Strong buying just start leh easywin      ( Date: 10-Aug-2023 09:34) Posted: Those lucky sold at opening, look like BBs not pushing but collecting

 

That why mencast also chiong up with big vol. Next chiong up should be pacific radiance also oil and marine stock

wehuattogether88      ( Date: 10-Aug-2023 10:10) Posted: Oil price continue to Go UP, Dyna Mac, REC and RH which is oil related stocks will benefits and stocks price will go up as well. Just watch.

 

Strong buying just start leh

easywin      ( Date: 10-Aug-2023 09:34) Posted: Those lucky sold at opening, look like BBs not pushing but collecting

 

Oil price continue to Go UP, Dyna Mac, REC and RH which is oil related stocks will benefits and stocks price will go up as well. Just watch.

 

Those lucky sold at opening, look like BBs not pushing but collecting

 

Sold 100lots at opening 425 bought at 395 😄

 

0.50 closed eye

 

Brent crude settled $1.38, or 1.6%, higher at $87.55 a barrel, its highest since Jan. 27.

West Texas Intermediate crude (WTI) closed $1.48, or 1.8%, higher at $84.40, at its highest since November 2022.

 

Seet' s new target price of 51 cents is pegged to 20x forward FY2024 earnings

https://www.theedgesingapore.com/capital/brokers-calls/maybank-securities-raises-target-price-dyna-mac-51-cents

 

Indeed. Aim to take profit first thing when price gap up tomorrow. Wait for price to consolidate a while then re-enter again for next kopi 💰

 

Usually, with this kind of astonishing result, price would gap up by 5?10% minimally. We can expect a good price gap up with some profit taking, short covering, before resume its uptrend based on its bright prospects. Let?s see. Cheers.

 

See BB want to push up?

 

New Land Expected To Expand Capacity
By 30-40%
Management is pursuing a JTC lease for a
piece of land along Gul road for which it was
granted a temporary occupation licence for
the purpose of soil investigation. This
corresponds with the robust FPSO demand
in the medium term. The new piece of land
will provide additional fabrication capacity
for current and future projects such as
carbon capture and storage, and exotic
piping for hydrogen/ammonia.
We expect Dyna-Mac' s yard capacity to grow
by 30-40% by the end of 2023