Dyna-Mac   

Since ipo @0.35c stake holder forum

Those load above 0.680 had to pray hard hard and wish those BBs dont anyhow unload, if not u had to hold the baby liao. This counter need skill to play safe at this high lvl, new bird dont anyhow load, wait kanna skin hairless bird :)

 

What goes up, must come down. Time to take profit. 

 

yahoo up one cent!

 

yahoo up half cent .

 

Dependant counter, depreciated play and derive strategy :(

 

When analysts say sell, you should buy. When analysts say buy, you better sell.

Retailers always kanna left, right and centre from them. Maybe they miss the boat and want to collect cheaper.

Remember they recommended COSCO to sell and target of $0.80 after it was removed from MSCI index. Now $2.33.

Remember they recommended FARROCHINA to buy and target price of $2+ but now suspended.


Keppel corp just obtained US$240 million contract on 12 Apr 11 for modifying and upgrading a floating production storage and offloading (FPSO) vessel for Petrofac.

High possibility that Dyna Mac may awarded some contracts from Keppel.

Not an inducement to buy or sell. My personal view only . I maybe wrong


 

artng25      ( Date: 15-Apr-2011 06:13) Posted: Dyna-Mac (DMHL SP S$0.685) - Too hot to handle? Dyna-Mac Holdings? More like Dynamite Holdings. Hit a 52-week high of S$0.685 today on volume of 54.4m shares. Perspective - that means the shares are up 96% in just 1.5 months post listing. On Monday, we highlighted the risk that valuations for Dyna-Mac were now close to Keppel Corp and SembCorp Marine. Risk of profit taking is very real on the stock given the run up in valuations and 96% gain since IPO. By CIMB

 

Dyna-Mac (DMHL SP S$0.685) - Too hot to handle?
Dyna-Mac Holdings? More like Dynamite Holdings. Hit a 52-week high of S$0.685 today on volume of 54.4m shares.
Perspective - that means the shares are up 96% in just 1.5 months post listing.
On Monday, we highlighted the risk that valuations for Dyna-Mac were now close to Keppel Corp and SembCorp Marine.
Risk of profit taking is very real on the stock given the run up in valuations and 96% gain since IPO.

By CIMB

 

ya hor. think crude oil price will be the main concern for the global market right now.

Dyna mac will be corrected soon. :)))

cheekong22      ( Date: 08-Apr-2011 16:30) Posted: it is now not the top 30 most traded stock. thinks really overvalue... krisluke      ( Date: 07-Apr-2011 23:35) Posted: Dyna-Mac posts 11% rise in 3Q net profit to $7.2m Dyna-Mac, the engineering specialist of the offshore oil and gas industry, says net profit after tax for the third quarter ending Feb 28 rose 11% to $7.2 million from $6.5 million the year before. Revenue dippes to $39.4 million from $47.7 million. Dyna-Mac says the ecline was due to a slowdown in deepwater drilling activities in the US following the oil spill in the Gulf of Mexico last April. For the quarter, Dyna-Mac’s gross profit margin was 40% compared to 27% previously, an increase of 13 percentage points due to variation orders relating to one paricular project. As at Feb 28, its order book of existing and new projects stand at $90 million.

 

From CIMB 

" ............Dyna-Mac  - Small-cap but blue-chip valuations 

  Biting more than it can chew. Dyna-Mac is a small-cap fabricator commanding 

undeserved large-cap rig-builders’ valuations, we believe, with downside to its share price 

after its recent outperformance. Rather, we would benchmark it to fabricators’ (Hiap Seng 

Engineering and Technics Oil & Gas) average of 8-10x CY12 P/E with an implied fair 

valuation of S$0.39-0.49 per share.........."

 

Different counter different play and different strategy :)

 

Well done!
Keepit up...

('',)

bullsfight      ( Date: 12-Apr-2011 10:18) Posted: Ooops... what a coincidence.... I bought SGX at 8.40, Wilmar at 5.50.... Singtel 3.75 [still holding].... all blue chips... but losing money.... So I change my strategies to look into new stocks and penny stocks, and I made back quite a handsome money now... So to be the statement is true... Just wish to share..      Bon3260      ( Date: 12-Apr-2011 10:11) Posted: bullsfight, U copied " CNY Melon Seeds" advertisement... ('',

 

Ooops... what a coincidence....

I bought SGX at 8.40, Wilmar at 5.50.... Singtel 3.75 [still holding].... all blue chips... but losing money.... So I change my strategies to look into new stocks and penny stocks, and I made back quite a handsome money now... So to be the statement is true... Just wish to share..     

Bon3260      ( Date: 12-Apr-2011 10:11) Posted: bullsfight, U copied " CNY Melon Seeds" advertisement... ('',) bullsfight      ( Date: 12-Apr-2011 09:30) Posted: whether it is 'white' share or 'black' share, can make money ones are 'good' shares....  ...

 

bullsfight,

U copied " CNY Melon Seeds" advertisement...

('',)

bullsfight      ( Date: 12-Apr-2011 09:30) Posted: whether it is 'white' share or 'black' share, can make money ones are 'good' shares....  .... warrenbegger      ( Date: 12-Apr-2011 00:00) Posted: Dont play till condom spoil, and dont wait till kotex overflows :)

 

whether it is 'white' share or 'black' share, can make money ones are 'good' shares....  ....

warrenbegger      ( Date: 12-Apr-2011 00:00) Posted: Dont play till condom spoil, and dont wait till kotex overflows :)

 

Dont play till condom spoil, and dont wait till kotex overflows :)

 

If the remaining can still 'fly', why take profit now?   Puzzled....

 

rickyw      ( Date: 11-Apr-2011 10:45) Posted: just dont be greedy only...if u have profit just take half or more..then let remaining fly... alexchia01      ( Date: 11-Apr-2011 10:33) Posted: Why? There are still some juice left.

 

just dont be greedy only...if u have profit just take half or more..then let remaining fly...

alexchia01      ( Date: 11-Apr-2011 10:33) Posted: Why? There are still some juice left.   rickyw      ( Date: 11-Apr-2011 10:11) Posted: call for who are still holding, please start to sell and take ur own profit...

 

Why? There are still some juice left.

 

rickyw      ( Date: 11-Apr-2011 10:11) Posted: call for who are still holding, please start to sell and take ur own profit...

 

call for who are still holding, please start to sell and take ur own profit...

 

0021 GMT [Dow Jones] Dyna-Mac (NO4.SG) shares may not react much to the company's fiscal 3Q results, which reflect a period only at the very start of the orders pick-up in the oil & gas industry, before the company's IPO during which Keppel (BN4.SG) acquired a 27.8% stake in the firm. Dyna-Mac's shares have risen 84% since listing March 2, buoyed by the pick up in activity in the O& M sector, which shows no sign of abating. FY3Q revenue fell 17.4% on year to S$39.4 million, due to a slowdown in activity after the moratorium on deepwater drilling following the Gulf of Mexico spill net profit rose 11.4% to S$7.2 million, thanks to gross profit margin of 40% vs 27% in the preceding period, as costs related to some orders were already recognised. The company remains " cautiously optimistic" and it hopes to sign a deal with SBM Offshore for work worth around S$50 million near term its orderbook on February 28 stood at S$80 million. Shares closed flat Thursday at S$0.645.

cheekong22      ( Date: 08-Apr-2011 16:30) Posted: it is now not the top 30 most traded stock. thinks really overvalue... krisluke      ( Date: 07-Apr-2011 23:35) Posted: Dyna-Mac posts 11% rise in 3Q net profit to $7.2m Dyna-Mac, the engineering specialist of the offshore oil and gas industry, says net profit after tax for the third quarter ending Feb 28 rose 11% to $7.2 million from $6.5 million the year before. Revenue dippes to $39.4 million from $47.7 million. Dyna-Mac says the ecline was due to a slowdown in deepwater drilling activities in the US following the oil spill in the Gulf of Mexico last April. For the quarter, Dyna-Mac’s gross profit margin was 40% compared to 27% previously, an increase of 13 percentage points due to variation orders relating to one paricular project. As at Feb 28, its order book of existing and new projects stand at $90 million.