Should I buy Dyna-Mac stock in 2025?
Is Dyna-Mac stock a buy right now?
ScoreDyna-Mac Holdings Ltd (SGX:NO4) is drawing considerable attention from Singapore’s investment community, with its shares currently trading at approximately S$0.67 and an average daily volume of 8.5 million shares over the last three months. The company’s recent financial performance has been robust, highlighted by a near four-fold increase in net profit for the first half of 2024—a clear sign of effective project execution and improved productivity. With a strong order book worth S$681.3 million stretching into FY2026 and a zero-debt position backed by cash holdings of S$307.7 million, Dyna-Mac’s fundamentals remain impressive, especially for a mid-cap in the offshore energy infrastructure sector. Recent strategic moves, including capacity expansion and diversification into new energy segments such as carbon capture and hydrogen, suggest adaptability as the global FPSO market enters a rapid growth phase. While the stock holds a premium valuation, the overall sector outlook remains optimistic, supported by new project pipelines and rising global energy demand. The consensus among more than 29 national and international banks sets a target price of S$0.87, reflecting continued confidence in Dyna-Mac’s ability to sustain its growth trajectory. For investors seeking strong exposure to both the traditional and emerging energy landscape, Dyna-Mac presents timely appeal, underpinned by sector momentum and company resilience.
- ✅Exceptional earnings momentum with 280% net profit growth YoY in the first half of 2024.
- ✅Robust S$681.3 million order book provides revenue visibility through at least FY2026.
- ✅Zero bank debt and S$307.7 million cash underpin financial strength and flexibility.
- ✅Capacity and product diversification towards clean energy modules supports long-term relevance.
- ✅Strong safety record with zero Lost Time Incidents since 2020 enhances operational reliability.
- ❌Premium valuation, with high price-to-book ratio, suggests some optimism is priced in.
- ❌Rapid capacity expansion may carry short-term integration and execution challenges.
- ✅Exceptional earnings momentum with 280% net profit growth YoY in the first half of 2024.
- ✅Robust S$681.3 million order book provides revenue visibility through at least FY2026.
- ✅Zero bank debt and S$307.7 million cash underpin financial strength and flexibility.
- ✅Capacity and product diversification towards clean energy modules supports long-term relevance.
- ✅Strong safety record with zero Lost Time Incidents since 2020 enhances operational reliability.
Is Dyna-Mac stock a buy right now?
ScoreDyna-Mac Holdings Ltd (SGX:NO4) is drawing considerable attention from Singapore’s investment community, with its shares currently trading at approximately S$0.67 and an average daily volume of 8.5 million shares over the last three months. The company’s recent financial performance has been robust, highlighted by a near four-fold increase in net profit for the first half of 2024—a clear sign of effective project execution and improved productivity. With a strong order book worth S$681.3 million stretching into FY2026 and a zero-debt position backed by cash holdings of S$307.7 million, Dyna-Mac’s fundamentals remain impressive, especially for a mid-cap in the offshore energy infrastructure sector. Recent strategic moves, including capacity expansion and diversification into new energy segments such as carbon capture and hydrogen, suggest adaptability as the global FPSO market enters a rapid growth phase. While the stock holds a premium valuation, the overall sector outlook remains optimistic, supported by new project pipelines and rising global energy demand. The consensus among more than 29 national and international banks sets a target price of S$0.87, reflecting continued confidence in Dyna-Mac’s ability to sustain its growth trajectory. For investors seeking strong exposure to both the traditional and emerging energy landscape, Dyna-Mac presents timely appeal, underpinned by sector momentum and company resilience.
- ✅Exceptional earnings momentum with 280% net profit growth YoY in the first half of 2024.
- ✅Robust S$681.3 million order book provides revenue visibility through at least FY2026.
- ✅Zero bank debt and S$307.7 million cash underpin financial strength and flexibility.
- ✅Capacity and product diversification towards clean energy modules supports long-term relevance.
- ✅Strong safety record with zero Lost Time Incidents since 2020 enhances operational reliability.
- ❌Premium valuation, with high price-to-book ratio, suggests some optimism is priced in.
- ❌Rapid capacity expansion may carry short-term integration and execution challenges.
- ✅Exceptional earnings momentum with 280% net profit growth YoY in the first half of 2024.
- ✅Robust S$681.3 million order book provides revenue visibility through at least FY2026.
- ✅Zero bank debt and S$307.7 million cash underpin financial strength and flexibility.
- ✅Capacity and product diversification towards clean energy modules supports long-term relevance.
- ✅Strong safety record with zero Lost Time Incidents since 2020 enhances operational reliability.
- What is Dyna-Mac?
- How much is Dyna-Mac stock?
- Our full analysis on Dyna-Mac </b>stock
- How to buy Dyna-Mac stock in Singapore?
- Our 7 tips for buying Dyna-Mac stock
- The latest news about Dyna-Mac
- FAQ
Why trust HelloSafe?
At HelloSafe, our experts have been closely monitoring Dyna-Mac's performance for more than three years. Every month, tens of thousands of users in Singapore rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are designed for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, compensated by Dyna-Mac.
What is Dyna-Mac?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Singapore | Homegrown company benefits from Singapore’s leading position in offshore engineering. |
| 💼 Market | Singapore Exchange (SGX: NO4) | Listed locally, offers Singapore investors direct access and liquidity. |
| 🏛️ ISIN code | SG2C93967918 | Unique identifier; allows easy tracking for international and local investors. |
| 👤 CEO | Desmond Lim Tze Jong | Experienced leadership has driven strong growth and effective execution during expansion. |
| 🏢 Market cap | S$830.71 million | Mid-cap size signals stability, but still room to grow within its industry niche. |
| 📈 Revenue | S$259.7 million (1H2024) | Strong 42.5% YoY increase shows healthy order book and robust sector demand. |
| 💹 EBITDA | S$51.4 million (1H2024) | EBITDA up 314.7% YoY, highlighting powerful operating leverage and project execution. |
| 📊 P/E Ratio (Price/Earnings) | 13.52 | Slightly above sector average; reflects market optimism for future growth. |
How much is Dyna-Mac stock?
The price of Dyna-Mac stock is rising this week. As of now, the share is trading at S$0.67, reflecting a 24-hour change of +0.75% and a weekly gain of +3.2%.
| Market Capitalization | S$830.71 million |
|---|---|
| Average Daily Volume (3 months) | 8.5 million shares |
| Price-to-Earnings (P/E) Ratio | 13.52 |
| Dividend Yield | 1.25% |
| Beta | 1.15 |
Given its robust financial performance and strong order book, Dyna-Mac remains an attractive option for investors seeking growth opportunities in Singapore’s dynamic energy infrastructure market.
Check out the best brokers in Singapore!Compare brokersOur full analysis on Dyna-Mac stock
We have conducted a comprehensive review of Dyna-Mac Holdings Ltd’s latest financial results—scrutinizing not only its robust earnings momentum, but also the persistent strength in its share price over the last three years. Drawing from a wide array of analytical perspectives—ranging from key financial ratios and technical patterns to sector trends and competitive dynamics—our proprietary models highlight an increasingly compelling narrative. So, why might Dyna-Mac once again present a strategic entry point into the energy infrastructure sector for investors looking ahead to 2025?
Recent Performance and Market Context
Stellar Price Appreciation & Positive Sentiment
Dyna-Mac’s share price has experienced a remarkable ascent, currently trading at S$0.67—just shy of its 52-week high of S$0.68 and nearly tripling from its S$0.24 low. Over the past year, the stock delivered a +137.5% price performance, dramatically outperforming both sector peers and the broader Singapore market. Sustained average daily volume of 8.5 million shares underscores increasing investor confidence and market liquidity.
Catalytic Recent Events
The company’s outstanding 1H2024 results are a testament to strong execution: revenue surged 42.5% year-on-year to S$259.7 million, gross profit soared 191.3%, and net profit leapt by 280.3%. Equally significant are Dyna-Mac’s recent strategic capacity enhancements: the acquisition of Exterran Offshore (now Dyna-Mac Solutions) and an adjacent JTC lease markedly expand module fabrication throughput. This positions Dyna-Mac at the industry’s epicenter as the FPSO cycle enters a historic upturn.
Favorable Sector Tailwinds
The global market for FPSO vessels—Dyna-Mac’s core business—is witnessing accelerated expansion, with forecasts suggesting a meteoric climb to US$34.7 billion by 2032 (14.6% CAGR). Several secular drivers reinforce this context:
- Rising global energy demand—pushing offshore production into deeper waters.
- FPSO project pipeline acceleration—over 63 new units slated for completion from 2024-2029.
- Regional surge in South America, with S$70B in greenfield FPSO investments anticipated.
- Investment in energy transition infrastructure—notably hydrogen, ammonia, and carbon capture—are starting to complement legacy oil and gas projects, all within Dyna-Mac’s expanding capabilities.
Against this backdrop, Dyna-Mac’s strong recent performance seems more a prelude than a peak, reinforcing a thesis for continued upside.
Technical Analysis
Momentum Favors the Bulls
Dyna-Mac’s technical profile is strongly constructive. With its current price above both the 50-day (S$0.66) and 200-day (S$0.51) moving averages, the prevailing trend is robustly positive. The Relative Strength Index (RSI-14) registers at 59.6—solidly in neutral territory, suggesting that the stock remains neither overbought nor oversold, leaving room for further appreciation before approaching “overheated” conditions.
Support, Structure, and Bullish Signals
Key support now stands at the S$0.66-0.67 level (former resistance), underpinned by persistent high volume and positive sentiment. The 200-day moving average, far below the current price, acts as a strong technical floor. MACD and trend strength indicators (as per aggregate broker consensus) point to an ongoing bullish phase with favorable short- and medium-term momentum—especially as price consolidates at multi-year highs rather than exhibiting any “blow-off” or reversal patterns.
The persistence of high turnover, coupled with the price holding above key support levels, further strengthens the case for upward continuation. In sum, from a technical standpoint, the market appears to support further accumulation at these levels.
Fundamental Analysis
Robust Financial Growth
The company’s recent performance is nothing short of exceptional:
- Revenue: Up 42.5% YoY (S$259.7M 1H2024)
- Gross Profit: +191.3% YoY
- Net Profit: +280.3% YoY (S$38.8M, 1H2024)
- EPS: 3.72 cents—approaching fourfold growth from last year
- ROE: Annualized 66.4%, among the highest in the sector
These figures indicate not only earnings momentum but sustainable improvements in profitability and operational leverage. The S$681.3M order book (as of June 2024) stretches well into FY2026, offering above-average revenue visibility in a sector often marked by volatility.
Financial Strength and Capital Discipline
Dyna-Mac stands out for its fortress balance sheet:
- Zero bank borrowings and S$307.7M in cash (over 77% of current market capitalization)
- Current and quick ratios at 1.19—ensuring short-term resilience
- Debt-to-equity ratio at a conservative 0.50
Combined, these position Dyna-Mac to capitalize on both organic growth and opportunistic M&A—while weathering any sector-specific gyrations.
Attractive, Justified Valuation
Despite its strong run, Dyna-Mac’s valuation remains compelling by growth-adjusted standards:
- P/E: 13.52 (well-supported by triple-digit profit growth)
- P/B: 6.79 (reflects high ROE and strong investor confidence in future cash flows)
- P/S: 1.49 (reasonable for the sector’s growth trajectory)
- EV/EBITDA: 9.15 (underscores healthy cash generation relative to enterprise value)
- Dividend Yield: 1.25%, with a low payout ratio (15.2%) leaving room for future increases
Importantly, rapid dividend growth (+186% YoY) and a moderate yield offer both capital appreciation and a tangible income stream—factors likely to attract both growth and yield-oriented investors.
Structural Advantages: Innovation, Reach, Quality
- Innovative Diversification: Investment in CCUS, hydrogen, and ammonia module solutions positions Dyna-Mac as a beneficiary of global energy transition trends.
- Market Share and Brand: A top-tier track record in FPSO module fabrication, enhanced by expansion into global markets.
- Operational Excellence: Zero Lost Time Incidents since 2020 and robust productivity improvements highlight an ingrained culture of risk management and quality assurance.
Altogether, these fundamentals suggest Dyna-Mac is not only justifying its current valuation but may be on the cusp of a new phase of growth.
Volume and Liquidity
Sustained Market Participation
The average 3-month daily volume of 8.5 million shares is robust for a mid-cap company of Dyna-Mac’s profile. This liquidity ensures ease of entry and exit, minimizing transaction friction for both institutional and retail participants. High, consistent volume typically indicates market consensus about a stock’s trajectory—here, steadily pointing north.
Float Favors Dynamic Price Discovery
The free float in Dyna-Mac supports dynamic valuation, allowing momentum to be rapidly reflected in share prices while supporting participation from a broad investor base. Such liquidity, combined with a stable and growing shareholder base, is a recipe for continued share price re-rating—particularly as catalysts unfold.
Catalysts and Positive Outlook
Multiple Engines of Value Creation
A suite of forward-looking catalysts reinforce the investment case:
- Project Execution/Order Book Realization: The S$681 million order book ensures hands-on revenue growth for the next several years; as projects are delivered profitably, confidence in forward estimates should increase.
- Capacity Expansion: Acquiring Exterran Offshore and added Singapore yard space enable more sophisticated construction methodologies, likely translating into higher throughput and margins.
- Product & Market Diversification: Extending capabilities into CCUS, hydrogen, and ammonia positions Dyna-Mac for participation in energy transition infrastructure—all while leveraging in-house engineering strengths.
- Strategic M&A and Organic Growth: With a sizable cash war chest and no debt, the company is uniquely positioned to pursue scale-accretive deals or respond rapidly to market shifts.
- Recurring Revenue Streams: Expanding proprietary capabilities (e.g., exotic piping) not only serve internal needs but may launch new recurring revenue chains.
- Sector Upcycle: The forecasted surge in FPSO awards (especially in 2025-2026)—and an anticipated inflow of global upstream capex—create a fertile backdrop in which Dyna-Mac is already a proven participant.
Upward Industry Context
Favorable regulatory, technological, and shifting consumption trends further tilt the risk-reward balance. Notably, Singapore’s reputation for engineering excellence and proximity to Asia’s rising energy demand confer strategic “home-base” advantages.
ESG activities—particularly the company’s safety record and investments in decarbonization—enhance its appeal to institutional capital increasingly attentive to sustainability.
Investment Strategies
Entry Points Across Investment Horizons
With its technical, fundamental, and liquidity profile, Dyna-Mac represents a rare confluence of factors favoring portfolio inclusion, regardless of time horizon:
- Short-term: Momentum traders can benefit from high trading volumes, clear upside signals, and strong news flow related to recent order wins and project milestones.
- Medium-term: Investors can take confidence from robust EPS growth, expanding margins, and the secure visibility provided by the multi-year order book.
- Long-term: Dyna-Mac is a direct exposure to the transformation of global energy, with management displaying discipline in capital allocation and a readiness to capture outsized growth from energy transition opportunities.
Ideal Positioning Ahead of Major Catalysts
Given the confluence of recent consolidation above key technical lows, the impressive financial trend, and a robust catalyst calendar stretching well into FY2026, now seems to be a highly favorable entry point. The absence of significant technical resistance above current levels and upcoming growth milestones support the case for incremental buying.
Is It the Right Time to Buy Dyna-Mac?
Key Strengths Recap
- Outstanding revenue, net profit, and cash flow growth
- Order book locking in multi-year earnings visibility
- Zero debt and sector-leading liquidity
- Strategic capacity and geographic expansion
- Bold diversification into future-proof technologies
Clear Upward Outlook
The synchronization of sector growth, operational excellence, financial rigor, and forward-thinking innovation forms a rare and compelling investment mosaic. With technicals still constructive and fundamentals only strengthening, the stock appears to be entering a new bullish phase.
For investors seeking robust exposure to the fast-evolving energy infrastructure sector—and wishing to participate in both cyclical upside and structural transformation—the case for Dyna-Mac seems exceptionally strong. As the next wave of global FPSO awards approaches and new revenue streams come online, the opportunity for capital appreciation is both clear and substantial. Dyna-Mac seems to represent an excellent opportunity that deserves the serious attention of any investor focused on growth, resilience, and the future of energy—an opportunity not to be overlooked as portfolios are shaped for 2025 and beyond.
How to buy Dyna-Mac stock in Singapore?
Buying shares of Dyna-Mac Holdings Ltd (SGX: NO4) on the Singapore Exchange is both simple and highly secure when using a MAS-regulated online broker. Investors in Singapore most commonly choose between spot (cash) purchases of physical shares and trading Contracts for Difference (CFDs), each catering to different investing goals and risk appetites. Spot buying grants you full ownership, while CFDs allow flexibility with leverage and short-term trading. For a detailed comparison of reputable brokers in Singapore offering access to Dyna-Mac shares, see our broker table further down the page.
Cash (Spot) Buying
A cash or spot purchase means buying Dyna-Mac shares outright through your brokerage account. You become the legal owner, with rights to potential dividends and voting at shareholder meetings. In Singapore, most online brokers charge a brokerage commission per trade (typically S$5–S$25), often with a minimum order fee in Singapore Dollars.
Example with S$1,000 investment:
The current Dyna-Mac share price is S$0.67. With S$1,000, after a common brokerage fee of S$5, you have S$995 to invest.
- S$995 ÷ S$0.67 ≈ 1,486 shares can be bought.
✔️ Gain Scenario:
If the share price rises by 10% (to S$0.74), your holdings are now worth about S$1,100.
Result: +S$100 gross gain, or +10% return on your original investment.
Trading via CFD
CFD (Contract for Difference) trading lets you speculate on Dyna-Mac’s price movements without owning the shares directly. CFDs offer leverage—meaning you can control a larger exposure with a smaller capital outlay—but they involve extra risks. Instead of paying a commission, CFDs usually incur a spread (the difference between buy and sell prices), and overnight financing fees if you hold positions past a day.
Example with S$1,000 and 5x leverage:
You open a CFD position on Dyna-Mac shares with 5x leverage.
- S$1,000 × 5 = S$5,000 total exposure to the stock.
✔️ Gain Scenario:
If the share price increases by 8%, your position gains 40% (8% × 5).
Result: +S$400 gain on your S$1,000 outlay, before paying any financing costs or spreads.
Final Advice
Before investing in Dyna-Mac, be sure to compare various brokers’ fees, trading platforms, and terms, as these can significantly affect your returns—especially for active traders or leveraged products like CFDs. Whether you choose to buy shares directly for long-term growth or trade CFDs for short-term opportunities depends on your individual investment strategy, risk tolerance, and financial goals. Explore our comprehensive broker comparison below to find the option best suited to your needs.
Check out the best brokers in Singapore!Compare brokersOur 7 tips for buying Dyna-Mac stock
| Step | Specific tip for Dyna-Mac |
|---|---|
| Analyze the market | Assess the global FPSO industry’s robust growth and rising energy demand, as these directly drive Dyna-Mac’s project pipeline and earnings potential. |
| Choose the right trading platform | Open an account with a MAS-regulated broker offering access to SGX and competitive fees to trade Dyna-Mac shares efficiently and safely. |
| Define your investment budget | Allocate an amount aligned with your risk tolerance, keeping in mind Dyna-Mac’s strong past returns but also its premium valuation and sector cyclicality. |
| Choose a strategy (short or long term) | Consider a medium to long-term strategy to benefit from Dyna-Mac’s expanding order book, capacity growth, and diversification into energy transition projects. |
| Monitor news and financial results | Regularly follow Dyna-Mac’s earnings releases, order book announcements, and sector developments to stay informed and make timely investment decisions. |
| Use risk management tools | Utilise stop-loss and take-profit orders to protect your investment against volatility in Dyna-Mac’s share price and sector shifts. |
| Sell at the right time | Review target prices and market trends; consider taking profits if the stock becomes significantly overvalued, or ahead of sector downturns or major company transitions. |
The latest news about Dyna-Mac
Dyna-Mac posts record first-half 2024 results with net profit up over 280% year-on-year. In the most recent financial update, Dyna-Mac reported outstanding growth for the first half of 2024, with net profit reaching S$38.8 million—an increase of 280.3% over the same period last year. Revenue surged 42.5% to S$259.7 million, and gross profit soared more than 190%. This remarkable profitability stems from improved project execution, enhanced operational productivity, and a robust pipeline of module-based projects, reinforcing the company’s reputation as a leading offshore and energy infrastructure player headquartered in Singapore.
Dyna-Mac’s order book of S$681.3 million provides strong revenue visibility through to 2026. The company currently enjoys a substantial order book valued at S$681.3 million, secured as of June 2024, with significant deliveries scheduled into the next two years. This backlog offers confidence in revenue streams well into 2026, underlining Dyna-Mac’s ability to attract and retain long-term clients globally—including key projects for the FPSO market, which is experiencing strong growth regionally and worldwide. Local analysts cite this visibility as a major positive for stakeholders in Singapore’s energy sector.
Zero-debt position and S$307.7 million in cash strengthen financial resilience and acquisition capacity. Dyna-Mac continues to stand out for its conservative financial approach, maintaining zero bank borrowings while holding S$307.7 million in cash as of June 2024. This solid balance sheet not only improves the company’s risk profile but also equips it with the flexibility required to pursue expansion opportunities, invest in further capacity, or engage in strategic acquisitions—all especially relevant given the infrastructure growth and M&A activity within Singapore’s industrial landscape.
Capacity expansion through facility acquisition and diversification supports strategic growth ambitions. In the last week, Dyna-Mac has advanced its capacity agenda, having acquired Exterran Offshore (now Dyna-Mac Solutions) and secured additional JTC-leased land adjacent to its primary Singapore facility. These moves position the company to take on larger, more complex projects, adapt construction workflows, and meet increasing demand tied to the global surge in FPSO awards. Singapore’s prominence as a hub for offshore engineering amplifies the local relevance of these expansions and the corresponding positive perceptions among investors.
Stock exhibits strong momentum, trading at a 52-week high and exceeding key moving averages. Dyna-Mac’s share price recently reached S$0.67, representing a 137.5% climb over the last year and setting a fresh 52-week high. The stock’s current price sits above both its 50-day and 200-day moving averages, indicative of a bullish trend, while the RSI reading of 59.56 signals ongoing investor interest without severe overbought risks. In the Singapore market, these technical patterns—combined with robust corporate fundamentals—support a positive near-term outlook for the stock.
FAQ
What is the latest dividend for Dyna-Mac stock?
Dyna-Mac currently pays an annual dividend of S$0.01 per share, with the most recent dividend yielding approximately 1.25%. The latest payout reflects a strong increase compared to the previous year, aligning with the company’s robust earnings growth. With a payout ratio of just over 15%, Dyna-Mac has room to sustain or even increase dividends as profits improve. Investors can also note the company’s consistent policy of distributing dividends in line with profitability.
What is the forecast for Dyna-Mac stock in 2025, 2026, and 2027?
Based on the current price of S$0.67, the projected share prices are S$0.87 by end-2025, S$1.01 by end-2026, and S$1.34 by end-2027. The growth outlook is underpinned by Dyna-Mac’s extensive order book through 2026, its robust financial position, and capacity expansions. The company is also benefiting from strong industry momentum, especially with global FPSO demand expected to accelerate over the next few years.
Should I sell my Dyna-Mac shares?
Dyna-Mac’s fundamentals suggest that holding the shares could be advantageous for investors seeking medium- to long-term growth. The company boasts zero debt, a strong cash reserve, and a resilient order book, providing excellent revenue visibility. Its strategic expansion into energy transition solutions and ongoing industry growth serve as additional positives. Given these strengths and its recent earnings momentum, Dyna-Mac may offer promising upside for patient investors.
Are dividends from Dyna-Mac stock taxable for Singapore investors?
For Singapore tax residents, dividends received from Dyna-Mac are generally not taxable as they are paid from a Singapore company under the one-tier corporate tax system. There is no withholding tax on dividends for both residents and non-residents. Additionally, capital gains derived from the sale of Dyna-Mac shares are not subject to tax in Singapore, making Dyna-Mac a tax-efficient holding for local investors.
What is the latest dividend for Dyna-Mac stock?
Dyna-Mac currently pays an annual dividend of S$0.01 per share, with the most recent dividend yielding approximately 1.25%. The latest payout reflects a strong increase compared to the previous year, aligning with the company’s robust earnings growth. With a payout ratio of just over 15%, Dyna-Mac has room to sustain or even increase dividends as profits improve. Investors can also note the company’s consistent policy of distributing dividends in line with profitability.
What is the forecast for Dyna-Mac stock in 2025, 2026, and 2027?
Based on the current price of S$0.67, the projected share prices are S$0.87 by end-2025, S$1.01 by end-2026, and S$1.34 by end-2027. The growth outlook is underpinned by Dyna-Mac’s extensive order book through 2026, its robust financial position, and capacity expansions. The company is also benefiting from strong industry momentum, especially with global FPSO demand expected to accelerate over the next few years.
Should I sell my Dyna-Mac shares?
Dyna-Mac’s fundamentals suggest that holding the shares could be advantageous for investors seeking medium- to long-term growth. The company boasts zero debt, a strong cash reserve, and a resilient order book, providing excellent revenue visibility. Its strategic expansion into energy transition solutions and ongoing industry growth serve as additional positives. Given these strengths and its recent earnings momentum, Dyna-Mac may offer promising upside for patient investors.
Are dividends from Dyna-Mac stock taxable for Singapore investors?
For Singapore tax residents, dividends received from Dyna-Mac are generally not taxable as they are paid from a Singapore company under the one-tier corporate tax system. There is no withholding tax on dividends for both residents and non-residents. Additionally, capital gains derived from the sale of Dyna-Mac shares are not subject to tax in Singapore, making Dyna-Mac a tax-efficient holding for local investors.
