Dyna-Mac   

Dyna mac

My presumption that the major share holders may not sell their warrants and will convert them to mother when the time comes is purely based on that they will maintain their shareholdings, if they dont maintain their shareholdings and they sell in the open market, then the amount of free float warrants will be a lot more, but based on the turnover of warrants so far, there seems to be collected whenever people are selling warrants, so it is well absorbed. Even at the last minute of transaction, the warrants are still at 0.245 instead of going down. 

Some who expect the mother and son to drop a lot will be disappointed as DM is really well supported by fundamentals. 

stlimst      ( Date: 31-May-2024 17:41) Posted: Oh, I see.  Ya, it may be too presumptious to suppose that the free float of warrant  is only left with 74 million. Then again, the available warrants could be even lesser as there will be those shareholders holding on to the warrants that were allocated earlier. And those investors who have bought the warrants since its listing. All said, it is clear that there' s hardly any shorting of the warrants.- just too risky. aragosta      ( Date: 31-May-2024 17:23) Posted: --- Post Removed by User ---

 

Oh, I see. 
Ya, it may be too presumptious to suppose that the free float of warrant  is only left with 74 million.

Then again, the available warrants could be even lesser as there will be those shareholders holding on to the warrants that were allocated earlier.
And those investors who have bought the warrants since its listing.

All said, it is clear that there' s hardly any shorting of the warrants.- just too risky.

aragosta      ( Date: 31-May-2024 17:23) Posted: --- Post Removed by User ---

 

Time to buy up cheap before going up as interested party or parties will clear 0.40 by the end of the day and son will go back to 0.25. 

wooncs8870      ( Date: 31-May-2024 14:13) Posted: Dyna is going down for both mother and son. Today is not a good day as many counters are in a sea of red. No more accumulation seem so far

 

Dyna is going down for both mother and son. Today is not a good day as many counters are in a sea of red. No more accumulation seem so far

 

South Korea&rsquo s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean floating facility designer and manufacturer, for S$100 million ($73.8 million) from Keppel Ltd. to expand the marine plant business of the group&rsquo s shipbuilder  Hanwha Ocean Co.

Keppel said it has divested of its entire 23.91% of the issued share capital in Dyna-Mac, listed on the Singapore Exchange (SGX), to Hanwha Ocean and  Hanwha Aerospace Co.  in a filing on May 10 to the city-state&rsquo s bourse. The shipbuilder bought 21.52%, while the group&rsquo s defense and aerospace unit took 2.39%, according to the filing.

The market value represented by the share sale as of May 9 was approximately S$90 million, Keppel said.

TO SECURE OFFSHORE FACILITY DESIGN CAPABILITIES

Dyna-Mac founded in 1990 specializes in topside modules and facilities for the offshore oil and gas industry such as floating production storage and offloading (FPSO) vessels, floating storage and offloading (FSO) vessels and floating liquefied natural gas (FLNG) vessels.
 
The company, which has two production facilities in Singapore and one in China, is known to have excellent design capabilities, industry sources in Seoul said.

South Korean shipbuilders including Hanwha Ocean usually join hands with overseas companies with strong design skills for global offshore plant deals due to insufficient design capabilities despite outstanding production competence.

The firm,  formerly Daewoo Shipbuilding & Marine Engineering Co.,  is expected to secure an advantageous position for global marine plat deals due to the holding in Dyna-Mac, industry sources in Seoul said.

https://www.kedglobal.com/shipping-shipbuilding/newsView/ked202405130004

 

Hi  Bro aragosta, if you are referring to Bro Eagle88 being confused in his views of Dyna Mac, then think not lah.
In fact he has done alot of due diligence and seems to be very focused on Dyna Mac.

But that said, I do agree that a TO by Hanwha is not likely to be so soon, not just after a  acquisition of a major stake in Dyna Mac.
But if course, such corporate moves cannot be totally ruled out.

As for me, I see Dyna as doing all the right thing and also being at the right place (sector) at the right time.

I am staying the course and will go nice to hear your views too.

Thanks

aragosta      ( Date: 31-May-2024 09:48) Posted: --- Post Removed by User ---

 

Pls enlighten. Every one to DYODD. LOL

aragosta      ( Date: 31-May-2024 09:48) Posted: --- Post Removed by User ---

 

Tempest      ( Date: 31-May-2024 09:19) Posted: Rocket in charging mode and reasy to take off again. Better mointor closely and don't miss the boat. Dyodd

 

Rocket in charging mode and reasy to take off again. Better mointor closely and don't miss the boat. Dyodd

 

yes, patience is a key virtue. We can develop that in the stock market, of all places.
Watch the eagle, how it catches its prey. It soars around the target area waiting patiently, and swoops down when it sees its prey. That is eagle for you.
Follow where eagles fly, you know there is prey.

Eagle88      ( Date: 30-May-2024 15:41) Posted: Timely reminder. Stay the course. Be patience, patience, patience. Patience is a great virtue. LOL Eagle88      ( Date: 29-May-2024 09:50) Posted: Stay in course. Patience, patience, patience...

 

To stlimst and Eagle88:
Yes indeed very fruitful. You can see some photos of the place on the trading floor thread.
Sure you can come, but beware of flies, mosquitoes, rats, cockroaches, and lizards. We have to deal with them. Dengue is a problem here as there is little education on Mozzie WIPE Out. It' s like going back in time 60 years.
But first, save up for the trip that will cost lots of money, maybe Dyna mac can help sponsor some of that when you make profits here. Seems like there are generous BBs around this counter playing the mother and son game.
All the best. I cannot monitor too long this game.
So, I can only send you my best wishes.

stlimst      ( Date: 30-May-2024 11:00) Posted: Yes, great RESPECT for Bro MrBear12 ' s humanitarian effort!!! Good for you, Sir! Eagle88      ( Date: 30-May-2024 10:47) Posted: How is your mission trip ? must be very fruitful !!! God bless you and you bless others !!! Very good. I will go if have chance to do so one day.

 

Thanks Eagle.
This is for you on Dynamac. May you soar!

Eagle88      ( Date: 30-May-2024 15:28) Posted: Thank you for your compliments. It is a gift from God. Will put it to good use and to bless others, as it is more blessed to give than to receive.  MrBear12      ( Date: 30-May-2024 11:27) Posted: You understood even when I misspelt. Amazing Eagle88 you are. No wonder Dynamac is doing so well! It' s a mother and son team

 

As for the warrants, the Estate of Lim, Hanwha (most likely sold by Keppel to this company) and CEO owned 61% of the 200 million warrants, that is 122 millions. CEO bought 4 million warrants when warrants were initially listed. So left 200-122-4= 74 million free float warrants available in the market for any one who wanted to be major shareholder to grab before conversion period 22/7/2024 to oct 2024 and to pay a premium for it as the mother will be going up due to many catalysts coming !!!

 

Timely reminder.

Stay the course. Be patience, patience, patience. Patience is a great virtue. LOL

Eagle88      ( Date: 29-May-2024 09:50) Posted: Stay in course. Patience, patience, patience.... Eagle88      ( Date: 29-May-2024 09:38) Posted: The son side already ever ready to blast off, now pending the mother side. Very2 interesting moment indeed. Not for contra just in case of any malfuction of the engine at last minute.

 

Thank you for your compliments. It is a gift from God. Will put it to good use and to bless others, as it is more blessed to give than to receive. 

MrBear12      ( Date: 30-May-2024 11:27) Posted: You understood even when I misspelt. Amazing Eagle88 you are. No wonder Dynamac is doing so well! It' s a mother and son team

 

You understood even when I misspelt.
Amazing Eagle88 you are.
No wonder Dynamac is doing so well!
It' s a mother and son team

 

You are right with all the positive energy of DM attracting the positive energy of Hanwha !!! 

I have full confidence of the company and management. 

It will even be a much better company in the near future !!! More good news coming !!! A Billion dollar revenue is insight already !!!

stlimst      ( Date: 30-May-2024 10:53) Posted: Thanks for sharing Bro Eagle88. Good contibution. I agree that the only way ifor Dyna Mac share price is UP. Look at the buisness sentiment of the Sector (Offshore and Marine, Energy) and look at what' s hot (FPSO). Then consider the big contract wins,  the Hanwha investment and the expected synergies. The tail wind is all gushing. I am running out of investable funds but I will nibble the warrant abit.

 

nado saranghae, MrBear12 !

MrBear12      ( Date: 30-May-2024 10:39) Posted: Great! U must know Korean then. Sara heyo, Eagle88! Dynamac is in good Korean hands Koreans mean business. Kim chi is their staple veg. Eagle88      ( Date: 30-May-2024 10:15) Posted: I have not worked with hanwha, i worked indirectly with Samsung and know their ways of working.

 

Yes, great RESPECT for Bro MrBear12 ' s humanitarian effort!!!
Good for you, Sir!

Eagle88      ( Date: 30-May-2024 10:47) Posted: How is your mission trip ? must be very fruitful !!! God bless you and you bless others !!! Very good. I will go if have chance to do so one day.  MrBear12      ( Date: 30-May-2024 10:39) Posted: Great! U must know Korean then. Sara heyo, Eagle88! Dynamac is in good Korean hands Koreans mean business. Kim chi is their staple veg.

 

Thanks for sharing Bro Eagle88.
Good contibution.

I agree that the only way ifor Dyna Mac share price is UP.
Look at the buisness sentiment of the Sector (Offshore and Marine, Energy) and look at what' s hot (FPSO).
Then consider the big contract wins,  the Hanwha investment and the expected synergies.
The tail wind is all gushing.

I am running out of investable funds but I will nibble the warrant abit.