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Strong buy as a proxy to Dyna Mac anticipated bullish breakout. To recap again BKM MM KH were all in 8cts range but little brother KH left behind by 2 bigger brothers...lolllll...vested for multi bagger returns and dyodd if you wana ride along...
Timer78 ( Date: 21-Jun-2024 10:57) Posted:
Old news but worth a recap
Media Release Dyna-Mac Partners with Kim Heng to Capitalise on Opportunities in FPSO Module Fabrication Sector ? Memorandum of understanding (?MOU?) provides Dyna-Mac with options to execute projects in Kim Heng?s shipyards ? Opportunity for Kim Heng to participate in larger, more complex floating production storage and offloading (?FPSO?) module fabrication projects ? Win-Win collaboration gives Dyna-Mac and Kim Heng greater flexibility to address spikes in FPSO module fabrication demand SINGAPORE, 15 August 2023 - The board of directors (the ?Board?) of Dyna-Mac Holdings Ltd. (the ?Company?, and together with its subsidiaries, the ?Group? or ?Dyna-Mac?) is pleased to announce that Dyna-Mac Engineering Services Pte Ltd, the wholly-owned subsidiary of the Company, had signed a MOU with offshore marine services contractor Kim Heng Marine & Oilfield Pte Ltd, a wholly-owned subsidiary of Kim Heng Ltd. (?Kim Heng?) where Kim Heng will support Dyna-Mac on a preferred partner basis to carry out various projects from time to time. The MOU has a term of two years and will automatically renew at the end of each term. This preferred partnership arrangement provides an option for Dyna-Mac to secure the use of Kim Heng?s yard facilities, and at agreed tariff rates for the entire term of the MOU. With more than five decades of operations, Kim Heng has developed a wide range of capabilities in the offshore renewable, marine, as well as oil and gas industries, specialising in engineering, procurement, construction and installation support for these sectors. Its two shipyards in Singapore have a combined waterfront of 205 metres. This win-win partnership offers Dyna-Mac greater flexibility to address the spikes in FPSO vessel module fabrication demand and allows the Group to further entrench its strategic presence in the FPSO module fabrication business through inorganic growth of its production capacity. Through the collaboration, Kim Heng will also benefit by participating in larger, more complex and valuable projects tapping on Dyna-Mac?s know-how and client base in the FPSO module fabrication business. The FPSO module fabrication sector refers to a specialised segment within the oil and gas industry that focuses on the construction, assembly, and integration of modules intended for use on FPSO vessels. FPSOs are offshore facilities that combine the functions of production, storage, and offloading of oil and gas.
Mr Lim Ah Cheng, Executive Chairman and CEO of Dyna-Mac, said: ?This mutually advantageous partnership between Dyna-Mac and Kim Heng aligns with the strategic vision of both companies, reflecting our shared commitment to providing enduring value for our respective shareholders. We continue to be on the lookout for relevant opportunities to collaborate with suitable, like-minded partners to expand our business operations, leveraging on their expertise and resources to achieve sustainable longterm growth for the Dyna-Mac Group.? Thomas Tan, Executive Chairman and CEO of Kim Heng, said: ?We are excited about our strategic collaboration with Dyna-Mac with a net order book of S$542.7million as announced on 8 August 2023, which enables us to tap not only Dyna-Mac?s wealth of expertise, but also its extensive client network in the FPSO module fabrication sector. This partnership empowers us to engage in more substantial, intricate, and high-value projects, marking a significant step forward in Kim Heng?s pursuit of sustainable longterm revenue growth in the industry.? |
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BBs surprise later?
breakout 10 cents to confirm ..
sengkang ( Date: 05-Jul-2024 15:14) Posted:
Hmmmmm
TraderBen ( Date: 03-Jul-2024 16:53) Posted:
| break out is near.. accumulation for the past 2 mths.. target 18 cents before dec |
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Hmmmmm
TraderBen ( Date: 03-Jul-2024 16:53) Posted:
| break out is near.. accumulation for the past 2 mths.. target 18 cents before dec |
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break out is near.. accumulation for the past 2 mths.. target 18 cents before dec
Results for Fy1H 2024 will provide the answers.
Meanwhile just go star gazing.
let go
this is a very conservative target tbh.. i am looking at 150..before sept..
eric998 ( Date: 26-Jun-2024 10:11) Posted:
Aiming for 10, hope BBs support. HUAT to everyone.
TraderBen ( Date: 26-Jun-2024 09:36) Posted:
| the movements similar to mermaid when in jan.. up abit keep being pushed down.. up abit push down again.. make retailers and traders pek chek.. they exit.. BBs push. |
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Aiming for 10, hope BBs support. HUAT to everyone.
TraderBen ( Date: 26-Jun-2024 09:36) Posted:
the movements similar to mermaid when in jan.. up abit keep being pushed down.. up abit push down again.. make retailers and traders pek chek.. they exit.. BBs push..
sengkang ( Date: 26-Jun-2024 00:26) Posted:
| Still accumulating by bbs? Yawn |
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the movements similar to mermaid when in jan.. up abit keep being pushed down.. up abit push down again.. make retailers and traders pek chek.. they exit.. BBs push..
sengkang ( Date: 26-Jun-2024 00:26) Posted:
| Still accumulating by bbs? Yawn |
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Still accumulating by bbs? Yawn
I second TraderBen opinion. Back in the days where BK MM KH were all in range of 8cts...now only KH left as a major laggard....i think it will surge soon!
omg.. u do day trading ah? if yes then u need to catch the correct day to trade lor.. if u can buy and hold for awhile.. kim heng will reap rewards real soon.
Grubber ( Date: 24-Jun-2024 15:15) Posted:
lucky cut early, all marine stocks sucks
Grubber ( Date: 22-Jun-2024 22:04) Posted:
| tot got good deal, sold at los |
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lucky cut early, all marine stocks sucks
Grubber ( Date: 22-Jun-2024 22:04) Posted:
tot got good deal, sold at loss
TraderBen ( Date: 19-Jun-2024 11:07) Posted:
yesterday can get u dont buy.. now then want to que?
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tot got good deal, sold at loss
TraderBen ( Date: 19-Jun-2024 11:07) Posted:
yesterday can get u dont buy.. now then want to que?
Grubber ( Date: 19-Jun-2024 09:46) Posted:
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ok good luck. you should know which one i am trading hahaha
TraderBen ( Date: 21-Jun-2024 10:56) Posted:
ooh free dividends.. wont break 87 for the near term one la..
noobnub ( Date: 21-Jun-2024 10:05) Posted:
| all take div already so dont count on 87 support may break down lower. no eyes see hah |
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Old news but worth a recap
Media Release Dyna-Mac Partners with Kim Heng to Capitalise on Opportunities in FPSO Module Fabrication Sector ? Memorandum of understanding (?MOU?) provides Dyna-Mac with options to execute projects in Kim Heng?s shipyards ? Opportunity for Kim Heng to participate in larger, more complex floating production storage and offloading (?FPSO?) module fabrication projects ? Win-Win collaboration gives Dyna-Mac and Kim Heng greater flexibility to address spikes in FPSO module fabrication demand SINGAPORE, 15 August 2023 - The board of directors (the ?Board?) of Dyna-Mac Holdings Ltd. (the ?Company?, and together with its subsidiaries, the ?Group? or ?Dyna-Mac?) is pleased to announce that Dyna-Mac Engineering Services Pte Ltd, the wholly-owned subsidiary of the Company, had signed a MOU with offshore marine services contractor Kim Heng Marine & Oilfield Pte Ltd, a wholly-owned subsidiary of Kim Heng Ltd. (?Kim Heng?) where Kim Heng will support Dyna-Mac on a preferred partner basis to carry out various projects from time to time. The MOU has a term of two years and will automatically renew at the end of each term. This preferred partnership arrangement provides an option for Dyna-Mac to secure the use of Kim Heng?s yard facilities, and at agreed tariff rates for the entire term of the MOU. With more than five decades of operations, Kim Heng has developed a wide range of capabilities in the offshore renewable, marine, as well as oil and gas industries, specialising in engineering, procurement, construction and installation support for these sectors. Its two shipyards in Singapore have a combined waterfront of 205 metres. This win-win partnership offers Dyna-Mac greater flexibility to address the spikes in FPSO vessel module fabrication demand and allows the Group to further entrench its strategic presence in the FPSO module fabrication business through inorganic growth of its production capacity. Through the collaboration, Kim Heng will also benefit by participating in larger, more complex and valuable projects tapping on Dyna-Mac?s know-how and client base in the FPSO module fabrication business. The FPSO module fabrication sector refers to a specialised segment within the oil and gas industry that focuses on the construction, assembly, and integration of modules intended for use on FPSO vessels. FPSOs are offshore facilities that combine the functions of production, storage, and offloading of oil and gas.
Mr Lim Ah Cheng, Executive Chairman and CEO of Dyna-Mac, said: ?This mutually advantageous partnership between Dyna-Mac and Kim Heng aligns with the strategic vision of both companies, reflecting our shared commitment to providing enduring value for our respective shareholders. We continue to be on the lookout for relevant opportunities to collaborate with suitable, like-minded partners to expand our business operations, leveraging on their expertise and resources to achieve sustainable longterm growth for the Dyna-Mac Group.? Thomas Tan, Executive Chairman and CEO of Kim Heng, said: ?We are excited about our strategic collaboration with Dyna-Mac with a net order book of S$542.7million as announced on 8 August 2023, which enables us to tap not only Dyna-Mac?s wealth of expertise, but also its extensive client network in the FPSO module fabrication sector. This partnership empowers us to engage in more substantial, intricate, and high-value projects, marking a significant step forward in Kim Heng?s pursuit of sustainable longterm revenue growth in the industry.?
ooh free dividends.. wont break 87 for the near term one la..
noobnub ( Date: 21-Jun-2024 10:05) Posted:
all take div already so dont count on 87 support may break down lower. no eyes see haha
Grubber ( Date: 21-Jun-2024 10:02) Posted:
| LJ stock, all marine stoick only one day action |
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KH is a laggard. Buy and wait for the big move!
all take div already so dont count on 87 support may break down lower. no eyes see haha
Grubber ( Date: 21-Jun-2024 10:02) Posted:
| LJ stock, all marine stoick only one day action |
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