Shares & Derivatives
Dynac-Mac stock: why I like?
By Singapore Stocks Investing (SSI)  •  April 11, 2014
Dynac-Mac announced yesterday that it proposes a dividend of two-cents per share. With a closing price of $0.39 yesterday, this dividends works out to 5.1% which is quite good to me. I am starting to like this stock and the proposed dividends is actually an additional icing to the cake of contractual wins which Dynac-Mac has announced.Not to mention Dynac-Mac has always been one of the more recommended offshore and marine support stocks by analysts. And if there is another reason why I like Dynac-Mac, it has to be the fact that a major shareholder of the company is Keppel, a company under Temasek Holdings. Some of the offshore and marine stocks here may have been quite “hyped up” like Ezion stock. Looking at the technicals of Dynac-Mac, the price levels seems quite nice to me. And with interest rates going up, Reits may not be performing ......
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By Singapore Stocks Investing (SSI)
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