Stock Name: Dyna-Mac
Company Name: DYNA-MAC HOLDINGS LTD.
Company Name: DYNA-MAC HOLDINGS LTD.
| Research House: OCBC | Price Call: BUY | Target Price: 0.445 |
SINGAPORE (Nov 17): Dyna-Mac Holdings Ltd has been upgraded to "buy" with unchanged fair value of 44.5 cents on the back of potential upside of more than 20% and attractive dividend yield of about 5.3%, said OCBC Investment Research.
In a report today, OCBC Investment Research analysts Low Pei Han and Wong Teck Chin noted that Dyna-Mac's share price has corrected 14% since its last hold rating on the company in early Sep, and now with the potential upside of more than 20% to its unchanged fair value estimate of 44.5 cents.
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