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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.
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. |
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Hanwha and Estate of Lim Family already owned 59% of DM. CEO owns 1%++ of DM, so total already 60%. Left 40% to grab.
Eagle88 ( Date: 30-May-2024 10:35) Posted:
RECAP...
Hanwha buys Keppel&rsquo s Dyna-Mac stake
In another significant insider transaction this past week, Keppel sold off its entire chunk of 250 million shares or 23.91% stake in Dyna-Mac Holdings NO4 1.25% for 40 cents each, or $100 million in total, to two entities under Korea&rsquo s Hanwha Group, known for its shipbuilding business.
Keppel first invested in Dyna-Mac back in 2011 at 35 cents each. Since then, Keppel has exited the offshore and marine business to focus on being a global asset manager while divesting offshore and marine legacy assets which are deemed non-core.
Two Hanwha entities were used to buy over the Dyna-Mac shares from Keppel. Hanwha Ocean acquired 225 million shares for $90 million while Hanwha Aerospace acquired the remaining 25 million shares for $10 million.
According to a May 13 regulatory filing, before buying Keppel&rsquo s stake, Hanwha Ocean held about 16.43 million Dyna-Mac shares or a 1.57% stake while Hanwha Aerospace also held a similar level of shares. As Hanwha Aerospace owns a 23.14% stake in Hanwha Ocean, the Dyna-Mac shares held by Hanwha Ocean are of deemed interest to Hanwha Aerospace, giving it a total interest of 282.86 million shares, or 27.05%.
Dyna-Mac&rsquo s single largest shareholding bloc of 334.2 million shares, or 31.96%, remains in the hands of the estate of the late founder and CEO Desmond Lim Tze Jong.
In his May 13 note, Maybank Securities&rsquo Jarick Seet has maintained his &ldquo buy&rdquo call and 46 cents target price on Dyna-Mac. Seet believes that Hanwha and Dyna-Mac could form a synergistic partnership where both parties could benefit from the booming FPSO (floating production storage and offloading) space. &ldquo Hanwha Ocean&rsquo s investment also represents firm confirmation by one of the industry&rsquo s largest players of Dyna-Mac&rsquo s value and potential,&rdquo he adds. Dyna-Mac&rsquo s order book now stands at around $896 million, with deliveries stretching to 2026.
https://www.theedgesingapore.com/capital/insider-moves/st-engineering-buys-back-shares-again-after-1q-update-keppel-sells-dyna-mac
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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.
MrBear12 ( Date: 30-May-2024 10:09) Posted:
| Eagle u mist have worked with hanwh |
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RECAP...
Hanwha buys Keppel&rsquo s Dyna-Mac stake
In another significant insider transaction this past week, Keppel sold off its entire chunk of 250 million shares or 23.91% stake in Dyna-Mac Holdings
NO4 1.25% for 40 cents each, or $100 million in total, to two entities under Korea&rsquo s Hanwha Group, known for its shipbuilding business.
Keppel first invested in Dyna-Mac back in 2011 at 35 cents each. Since then, Keppel has exited the offshore and marine business to focus on being a global asset manager while divesting offshore and marine legacy assets which are deemed non-core.
Two Hanwha entities were used to buy over the Dyna-Mac shares from Keppel. Hanwha Ocean acquired 225 million shares for $90 million while Hanwha Aerospace acquired the remaining 25 million shares for $10 million.
According to a May 13 regulatory filing, before buying Keppel&rsquo s stake, Hanwha Ocean held about 16.43 million Dyna-Mac shares or a 1.57% stake while Hanwha Aerospace also held a similar level of shares. As Hanwha Aerospace owns a 23.14% stake in Hanwha Ocean, the Dyna-Mac shares held by Hanwha Ocean are of deemed interest to Hanwha Aerospace, giving it a total interest of 282.86 million shares, or 27.05%.
Dyna-Mac&rsquo s single largest shareholding bloc of 334.2 million shares, or 31.96%, remains in the hands of the estate of the late founder and CEO Desmond Lim Tze Jong.
In his May 13 note,
Maybank Securities&rsquo Jarick Seet has maintained his &ldquo buy&rdquo call and 46 cents target price on Dyna-Mac. Seet believes that Hanwha and Dyna-Mac could form a synergistic partnership where both parties could benefit from the booming FPSO (floating production storage and offloading) space. &ldquo Hanwha Ocean&rsquo s investment also represents firm confirmation by one of the industry&rsquo s largest players of Dyna-Mac&rsquo s value and potential,&rdquo he adds. Dyna-Mac&rsquo s order book now stands at around $896 million, with deliveries stretching to 2026.
https://www.theedgesingapore.com/capital/insider-moves/st-engineering-buys-back-shares-again-after-1q-update-keppel-sells-dyna-mac
My own view is that Hanwha will not be just a 27% SH, but will offer to buy over when the time is right.
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.
MrBear12 ( Date: 30-May-2024 10:09) Posted:
| Eagle u mist have worked with hanwh |
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I have not worked with hanwha, i worked indirectly with Samsung and know their ways of working.
MrBear12 ( Date: 30-May-2024 10:09) Posted:
Eagle u mist have worked with hanwha
Eagle88 ( Date: 30-May-2024 10:08) Posted:
| Now warrants got a little bit of discount vs mother. Can pick up cheaper. |
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Notice certain selling walls dismantled by itself. Very good sign for any potential to move up. Let the BB do their works.
Eagle88 ( Date: 30-May-2024 10:08) Posted:
| Now warrants got a little bit of discount vs mother. Can pick up cheaper. |
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Eagle u mist have worked with hanwha
Eagle88 ( Date: 30-May-2024 10:08) Posted:
| Now warrants got a little bit of discount vs mother. Can pick up cheaper. |
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Now warrants got a little bit of discount vs mother. Can pick up cheaper.
Hi Bro bernardc,
Any reason(s) for the Lao Hong call?
Care to share?
bernardc ( Date: 30-May-2024 10:02) Posted:
Expecting dynamac Lao Hong...keep away
Tempest ( Date: 30-May-2024 09:56) Posted:
| Old tricks by BBs to sell down a little and scare off weak retailers. Always anticipate BBs move and be ahead of them. Dyod |
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Sometimes they use very slow pump and will take longer time to inflate the tyre, not the type of pump for punctured tyre !!! LOL
Tempest ( Date: 30-May-2024 09:56) Posted:
Old tricks by BBs to sell down a little and scare off weak retailers. Always anticipate BBs move and be ahead of them. Dyodd
Eagle88 ( Date: 30-May-2024 09:42) Posted:
| When you think it is lao hong liao, then the pumping will be coming very soon. LO |
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Expecting dynamac Lao Hong...keep away
Tempest ( Date: 30-May-2024 09:56) Posted:
Old tricks by BBs to sell down a little and scare off weak retailers. Always anticipate BBs move and be ahead of them. Dyodd
Eagle88 ( Date: 30-May-2024 09:42) Posted:
| When you think it is lao hong liao, then the pumping will be coming very soon. LO |
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Old tricks by BBs to sell down a little and scare off weak retailers. Always anticipate BBs move and be ahead of them. Dyodd
Eagle88 ( Date: 30-May-2024 09:42) Posted:
When you think it is lao hong liao, then the pumping will be coming very soon. LOL
wooncs8870 ( Date: 30-May-2024 09:30) Posted:
| Dyna is lao hong liao and if you believe its potential then can buy now to accumulate for upside later. |
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Exactly what I am doing...although just a little at a time.
I am favouring the warrants now as i believe the move up will be more rewarding.
Yes, it is true that the number of warrants is already fixed and i also believe most of them are being locked up.
There will still be trading of the warrnt daily - although the vol is dwindling.
Day traders will buy/sell for the day.
However when the crunch comes, the upward move will be great...assuming of course that the mother shares move up - which is likely the case.
So there is less fear of short sellers for the warrant.
Watch and stay the course.
wooncs8870 ( Date: 30-May-2024 09:30) Posted:
| Dyna is lao hong liao and if you believe its potential then can buy now to accumulate for upside later. |
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When you think it is lao hong liao, then the pumping will be coming very soon. LOL
wooncs8870 ( Date: 30-May-2024 09:30) Posted:
| Dyna is lao hong liao and if you believe its potential then can buy now to accumulate for upside later. |
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Dyna is lao hong liao and if you believe its potential then can buy now to accumulate for upside later.
The Offshore & Marine Sector is very strong and along with that Energy Equipment and Services companies are booming now.
The likes of BK, Mermaid, Dyna-Mac, Kim Heng etc are moving up nicely.
Today BK and Mermaid really jumped.
I am guessing Dyna and Kim Heng will be pushed up.
Just to test this wave of movement, I bought a few lots of Dyna Warrant - see how, see how
Stay the course.
Dyna' s pricning today trade between 0.40 and 0.405. The high reached is 0.41 for a short while.
Both ways also good for SH if the purchase price is attractive !!!
Eagle88 ( Date: 29-May-2024 15:42) Posted:
Very BIG plan and DM is already identified to provide some of the technologies that they wanted i.e. they can acquire the technologies by buying the technologies from DM or to buy over DM to make DM its susidiary.
YakunOng ( Date: 29-May-2024 15:31) Posted:
Hanwha Aerospace and Hanwha Ocean jointly develop &lsquo marine hydrogen fuel cell&rsquo
May 28, 2024
2 min read
Hanwha Aerospace and Hanwha Ocean jointly develop &lsquo marine hydrogen fuel cell&rsquo .
Hanwha Aerospace and Hanwha Ocean are embarking on joint research and development (R& D) on hydrogen fuel cells to target the eco-friendly ship market . The plan is to actively enter the global eco-friendly ship market with a &lsquo zero &ndash carbon ship solution&rsquo that leverages the eco-friendly technology synergy of both companies .
Hanwha Aerospace is the research and development organization responsible for the &ldquo Development of a fuel cell power pack for ships of 200 kW or higher&rdquo among the new R& D tasks in the hydrogen fuel cell field of the 1st Energy Technology Development Project of 2024 hosted by the Ministry of Trade, Industry and Energy and exclusively managed by the Korea Institute of Energy Technology Evaluation and Planning. It was announced on the 24th that it had been selected .
Based on the technology developed for the aviation hydrogen fuel cell system, Hanwha Aerospace received high scores in ▲ development of high-efficiency and high-durability hydrogen fuel cells suitable for the marine environment ▲ commercialization plan through onshore and offshore verification .
As a joint research institute, Hanwha Ocean plans to comprehensively review information related to the operation of ships using marine hydrogen fuel cells to derive optimal operation plans .
Previously, in order to target the eco-friendly ship market, where demand is expected to rapidly increase due to &lsquo eco-friendly technology synergy&rsquo , the two companies decided to develop MWh ( megawatt hour ) that can be applied to large ships such as liquefied natural gas carriers (LNGCs) and very large crude oil carriers (VLCCs). jointly developed a class-leading energy storage system (ESS) .
Seunghak Moon, head of Hanwha Aerospace&rsquo s Electric Propulsion System Division, said:
We plan to expand the technology we have secured through the development of aviation hydrogen fuel cells to the marine sector.
&ldquo With the synergy of clean marine technology with Hanwha Ocean, we will create the world&rsquo s best marine hydrogen fuel cell.&rdquo &ldquo We will develop and provide a &lsquo carbon-free shipping solution,&rsquo &rdquo he said .
Kim Hyeong-seok, head of Hanwha Ocean&rsquo s Product Strategy Technology Center, said:
By launching the industry&rsquo s first carbon-free large ship using the large-capacity, high-efficiency.
&ldquo High-durability hydrogen fuel cell developed through this project and Hanwha Aerospace&rsquo s MWh &ndash class ESS , we are becoming a leader in the global eco-friendly ship market. &ldquo We plan to solidify our position,&rdquo he said .
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