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Hanwha has 27.05% now. They had existing 3.14%, before buying from Keppel.
mysterytrade ( Date: 14-May-2024 11:35) Posted:
With 23.9% holding, will Hanwah raise stake to bring it private? If it comes, it will be too late to catch the wagon. What say you?
Joelton ( Date: 14-May-2024 11:10) Posted:
Dyna-Mac to enjoy synergies with new substantial shareholder Hanwha, says Maybank Securities
Maybank Securities' Jarick Seet has maintained his " buy" call and 46 cents target price on Dyna-Mac Holdings NO4 4.05% after Korean shipbuilder Hanwha Group emerged as a new substantial shareholder, taking over from Keppel.
Keppel, having exited the offshore and marine business, has been expected to gradually divest its remaining assets in this industry deemed non-core, including Dyna-Mac.
On May 10, Keppel, which first invested in Dyna-Mac back in 2011 for 35 cents each, sold its stake of 23.9% stake for $100 million, which is at a premium of 10% over last Friday' s market price.
" We believe this is a key positive as it removes an overhang, as Keppel had already stated its intentions to sell all its non-core assets," says Seet.
Hanwha Ocean provides one-stop solutions for top and bottom structures, including FPSO, which is in the same business as Dyna-Mac.
Seet believes that Hanwha and Dyna-Mac could form partnerships and create synergies that both parties could benefit from in the booming FPSO space.
" 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," he adds.
Dyna-Mac' s order book now stands at around $896 million, with deliveries stretching to 2026.
The company' s share price has gained 27.6% year to date and Seet expects that despite so, Dyna-Mac will continue to benefit from the strong demand for FPSO and continue to re-rate as it executes its larger-size contracts and achieves higher profitability.
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Thanks. Yes me think both warrant and mother share still a good buy. I have reached my investment target on Dyna.
So Just holding on.
MrBear12 ( Date: 14-May-2024 10:28) Posted:
Sure, if that is your thinking, then son is good to buy while you can get this small discount.
All the very best with Dynamac.
It surely is the most power stock on SGX this half year.
May it be so in 2H
stlimst ( Date: 14-May-2024 10:23) Posted:
Given the mentioned of good business performance and record contracts signed coupled with the resurgent of O& G sector and the recent Hanwha' s big stake in Dyna Mac,
I am pretty confident that the share price will not be less than today' s price come July.
My own investment thinking only ah |
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With 23.9% holding, will Hanwah raise stake to bring it private? If it comes, it will be too late to catch the wagon. What say you?
Joelton ( Date: 14-May-2024 11:10) Posted:
Dyna-Mac to enjoy synergies with new substantial shareholder Hanwha, says Maybank Securities
Maybank Securities' Jarick Seet has maintained his " buy" call and 46 cents target price on Dyna-Mac Holdings NO4 4.05% after Korean shipbuilder Hanwha Group emerged as a new substantial shareholder, taking over from Keppel.
Keppel, having exited the offshore and marine business, has been expected to gradually divest its remaining assets in this industry deemed non-core, including Dyna-Mac.
On May 10, Keppel, which first invested in Dyna-Mac back in 2011 for 35 cents each, sold its stake of 23.9% stake for $100 million, which is at a premium of 10% over last Friday' s market price.
" We believe this is a key positive as it removes an overhang, as Keppel had already stated its intentions to sell all its non-core assets," says Seet.
Hanwha Ocean provides one-stop solutions for top and bottom structures, including FPSO, which is in the same business as Dyna-Mac.
Seet believes that Hanwha and Dyna-Mac could form partnerships and create synergies that both parties could benefit from in the booming FPSO space.
" 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," he adds.
Dyna-Mac' s order book now stands at around $896 million, with deliveries stretching to 2026.
The company' s share price has gained 27.6% year to date and Seet expects that despite so, Dyna-Mac will continue to benefit from the strong demand for FPSO and continue to re-rate as it executes its larger-size contracts and achieves higher profitability.
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Dyna-Mac to enjoy synergies with new substantial shareholder Hanwha, says Maybank Securities
Maybank Securities' Jarick Seet has maintained his " buy" call and 46 cents target price on Dyna-Mac Holdings NO4 4.05% after Korean shipbuilder Hanwha Group emerged as a new substantial shareholder, taking over from Keppel.
Keppel, having exited the offshore and marine business, has been expected to gradually divest its remaining assets in this industry deemed non-core, including Dyna-Mac.
On May 10, Keppel, which first invested in Dyna-Mac back in 2011 for 35 cents each, sold its stake of 23.9% stake for $100 million, which is at a premium of 10% over last Friday' s market price.
" We believe this is a key positive as it removes an overhang, as Keppel had already stated its intentions to sell all its non-core assets," says Seet.
Hanwha Ocean provides one-stop solutions for top and bottom structures, including FPSO, which is in the same business as Dyna-Mac.
Seet believes that Hanwha and Dyna-Mac could form partnerships and create synergies that both parties could benefit from in the booming FPSO space.
" 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," he adds.
Dyna-Mac' s order book now stands at around $896 million, with deliveries stretching to 2026.
The company' s share price has gained 27.6% year to date and Seet expects that despite so, Dyna-Mac will continue to benefit from the strong demand for FPSO and continue to re-rate as it executes its larger-size contracts and achieves higher profitability.
Sure, if that is your thinking, then son is good to buy while you can get this small discount.
All the very best with Dynamac.
It surely is the most power stock on SGX this half year.
May it be so in 2H
stlimst ( Date: 14-May-2024 10:23) Posted:
Given the mentioned of good business performance and record contracts signed coupled with the resurgent of O& G sector and the recent Hanwha' s big stake in Dyna Mac,
I am pretty confident that the share price will not be less than today' s price come July.
My own investment thinking only ah.
MrBear12 ( Date: 14-May-2024 09:55) Posted:
Sure! Once given birth to the son, one will naturally be committed to raising it. I am sure many who hold currently warrants will convert to mother share come July.
But question is, do I want to buy the son now? There is no guarantee he will turn out to be like his mother come July when the price of mother may be less than what it is today. That is the risk |
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Given the mentioned of good business performance and record contracts signed coupled with the resurgent of O& G sector and the recent Hanwha' s big stake in Dyna Mac,
I am pretty confident that the share price will not be less than today' s price come July.
My own investment thinking only ah.
MrBear12 ( Date: 14-May-2024 09:55) Posted:
Sure! Once given birth to the son, one will naturally be committed to raising it. I am sure many who hold currently warrants will convert to mother share come July.
But question is, do I want to buy the son now? There is no guarantee he will turn out to be like his mother come July when the price of mother may be less than what it is today. That is the risk.
stlimst ( Date: 14-May-2024 09:47) Posted:
If you pay $0.15 to raise the son, it will be a exact carbon copy of the mother.
I am planning to do that come July |
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Sure! Once given birth to the son, one will naturally be committed to raising it. I am sure many who hold currently warrants will convert to mother share come July.
But question is, do I want to buy the son now? There is no guarantee he will turn out to be like his mother come July when the price of mother may be less than what it is today. That is the risk.
stlimst ( Date: 14-May-2024 09:47) Posted:
If you pay $0.15 to raise the son, it will be a exact carbon copy of the mother.
I am planning to do that come July.
MrBear12 ( Date: 14-May-2024 09:43) Posted:
Except that when you pick up the son, you commit to raising him up.
Who knows how he will turn out |
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If you pay $0.15 to raise the son, it will be a exact carbon copy of the mother.
I am planning to do that come July.
MrBear12 ( Date: 14-May-2024 09:43) Posted:
Except that when you pick up the son, you commit to raising him up.
Who knows how he will turn out?
bernardc ( Date: 14-May-2024 09:40) Posted:
| Dynamac share price.. 38
Dynamac warrants 21..
Discount shrinking as predicted...
Very soon it will go into a premium...
So why wait?? Pick up son n enjoy the 2 CTS discount immediately...
All huart liaow...DYODD |
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Except that when you pick up the son, you commit to raising him up.
Who knows how he will turn out?
bernardc ( Date: 14-May-2024 09:40) Posted:
| Dynamac share price.. 38
Dynamac warrants 21..
Discount shrinking as predicted...
Very soon it will go into a premium...
So why wait?? Pick up son n enjoy the 2 CTS discount immediately...
All huart liaow...DYODD |
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Dynamac share price.. 38
Dynamac warrants 21..
Discount shrinking as predicted...
Very soon it will go into a premium...
So why wait?? Pick up son n enjoy the 2 CTS discount immediately...
All huart liaow...DYODD
already in for Dyna Mac and Sin Heng Mac today using cash. If using CPF, you need to check your CPF investment account from your appointed bank.
wencong76 ( Date: 13-May-2024 15:30) Posted:
can i check if you guys received the dividend payout already? i still not yet got it. who can i check with. i use CPF to buy.
Tempest ( Date: 13-May-2024 13:53) Posted:
| This seem the hot stock for 2024-2025. Whether pump or dump depends on BBs. Don't be surprised when Dyna-Mac hit 40 and 50 cents. Dyodd |
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Load Dyna-mac, bullish signals
can i check if you guys received the dividend payout already? i still not yet got it. who can i check with. i use CPF to buy.
Tempest ( Date: 13-May-2024 13:53) Posted:
| This seem the hot stock for 2024-2025. Whether pump or dump depends on BBs. Don't be surprised when Dyna-Mac hit 40 and 50 cents. Dyodd |
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This seem the hot stock for 2024-2025. Whether pump or dump depends on BBs. Don't be surprised when Dyna-Mac hit 40 and 50 cents. Dyodd
Dynamic rockets started...21.5/38.5..
Zooming into the stratosphere...huart argh..
Cheong liaow...
What is significant is that Keppel showed it wanted to move out of this industry after holding for more than 10 years.
I guess their profits was significant.
Eagle88 ( Date: 13-May-2024 10:03) Posted:
If son sold earlier this year, Keppel is making a lot from selling mother and son !!!
MrBear12 ( Date: 13-May-2024 09:55) Posted:
Just the mother alone.
The son was sold earlier in the year |
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TQ
MrBear12 ( Date: 13-May-2024 10:02) Posted:
Bro Eagle, Keppel sold their warrants much earlier in the year.
The price paid for the mother share was exactly 40 cents a share last week.
Eagle88 ( Date: 13-May-2024 09:42) Posted:
| If including the warrants, the buying price per mother share is less than 40 Cents per share. |
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If son sold earlier this year, Keppel is making a lot from selling mother and son !!!
MrBear12 ( Date: 13-May-2024 09:55) Posted:
Just the mother alone.
The son was sold earlier in the year.
Eagle88 ( Date: 13-May-2024 09:38) Posted:
| Does the sell of DM shares by Keppel including the warrants ? or just the mother shares alone |
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Bro Eagle, Keppel sold their warrants much earlier in the year.
The price paid for the mother share was exactly 40 cents a share last week.
Eagle88 ( Date: 13-May-2024 09:42) Posted:
If including the warrants, the buying price per mother share is less than 40 Cents per share.
Eagle88 ( Date: 13-May-2024 09:38) Posted:
| Does the sell of DM shares by Keppel including the warrants ? or just the mother shares alone |
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Based on last Friday mother shares married deal, it did not include the warrants, so Keppel should still be holding 50millions warrants and the mother shares transacted price is $0.40 per share.
Eagle88 ( Date: 13-May-2024 09:53) Posted:
Keppel' s DM warrants 50 Millions, so 50 millions X 0.19 = $ 9.5 millions
$100 millions - $9.5 millions = $90.5 millions
$90.5 millions / 250 millions mother shares = $0.362 per mother share and not $0.40 per share
Eagle88 ( Date: 13-May-2024 09:42) Posted:
| If including the warrants, the buying price per mother share is less than 40 Cents per share. |
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