Centurion    Last:1.43    -0.02

Centurion Corp

SINGAPORE (Nov 5): DBS Group Research is maintaining its &ldquo buy&rdquo call on Centurion Corp, the builder and operator of workers&rsquo and students&rsquo dorms, with a target price of 59 cents on &ldquo better things to come.&rdquo
In a Friday note, analyst Rachael Tan says &ldquo We believe that Centurion&rsquo s purpose-built dormitory business is scalable, particularly in economic areas which rely heavily on foreign-sourced workers. Given its success in executing its aggressive bed growth strategy so far, we are optimistic about the Group&rsquo s long-term potential.&rdquo

Centurion currently owns and operates close to 45,000 purpose built-foreign worker dormitory beds in Singapore and Malaysia, making it one of the largest purpose-built dormitory operators in the region.

&ldquo With an additional c.35k beds in the pipeline, we expect a 16% CAGR in bed count from 2015-2017,&rdquo says she.

The group also owns a portfolio of student dormitory assets in Singapore, Australia and the UK, totalling 2,800 beds.

&ldquo At its current price, Centurion is trading at 9x FY15F PE and 8x FY16F PE, which is attractive in our view,&rdquo concludes Tan.

Centurion is up 1.2% at 42.5 cents.

Source:  http://www.theedgemarkets.com/sg/article/centurion-kept-%E2%80%98buy%E2%80%99-dbs-higher-target-price-59-cents

 

Jimmy, ya... i got LB and oso cousin WH. Bot for dividend play. Kum siah bro.... 

Jimmykohkk      ( Date: 06-Sep-2015 15:14) Posted: can look at Centurion half bro half sis ==> Lian Beng :) bishan22      ( Date: 06-Sep-2015 11:47) Posted: Neber mind about market volatility, pay day on Wed for this one too... Hahaha.

 

can look at Centurion half bro half sis ==> Lian Beng :)

bishan22      ( Date: 06-Sep-2015 11:47) Posted: Neber mind about market volatility, pay day on Wed for this one too... Hahaha.

 

Neber mind about market volatility, pay day on Wed for this one too... Hahaha.

 

Reported in ST, net profit up by 28% ... dpu half a cent.

 

Taking this on as a mid growth stock. So no Reits but seem to still be on radar. 

 

Centurion boss jst wake up on a Friday morning to correct their dividend payout, a fresh announcement at 09.25:16 of 1c instead of 10c as posted at 07.04:16 this morning.

Qanghoo      ( Date: 10-Apr-2015 08:43) Posted: Haha.  Maybe post-CNY angpow coming.  Can u hold them to it? RoundRound      ( Date: 10-Apr-2015 08:28) Posted: What a grave mistake. Cannot differentiate 1c or 10c Cash Dividend/ Distribution::Mandatory just announced in SGX website at 07.04:16 as SGD0.1 or equivalent to 10 cent a share. Q4 & FY2014 Financial Statement stated: "The Group has proposed to pay a second and final dividend for FY2014 of 1.0 cent per ordinary share. When combined with the special interim dividend of 0.5 cents per ordinary share declared in the first quarter of the year, the total amount to be distributed for FY2014 would be 1.5 cents per ordinary share."

 

Haha.  Maybe post-CNY angpow coming.  Can u hold them to it?

RoundRound      ( Date: 10-Apr-2015 08:28) Posted: What a grave mistake. Cannot differentiate 1c or 10c Cash Dividend/ Distribution::Mandatory just announced in SGX website at 07.04:16 as SGD0.1 or equivalent to 10 cent a share. Q4 & FY2014 Financial Statement stated: "The Group has proposed to pay a second and final dividend for FY2014 of 1.0 cent per ordinary share. When combined with the special interim dividend of 0.5 cents per ordinary share declared in the first quarter of the year, the total amount to be distributed for FY2014 would be 1.5 cents per ordinary share."

 

What a grave mistake. Cannot differentiate 1c or 10c

Cash Dividend/ Distribution::Mandatory just announced in SGX website at 07.04:16 as SGD0.1 or equivalent to 10 cent a share.

Q4 & FY2014 Financial Statement stated:

"The Group has proposed to pay a second and final dividend for FY2014 of 1.0 cent per ordinary share. When combined with the special interim dividend of 0.5 cents per ordinary share declared in the first quarter of the year, the total amount to be distributed for FY2014 would be 1.5 cents per ordinary share."

 

why not going up when quarter result is quite good?

 

I remain vested in this since the sell-down. The REIT listing, if it goes through, should unlock value for shareholders. Wait for the dividend and see how. The recurring profits from UK dormitories should generate some defensive income. Also recent government policies are in favor of this company's growth. I would add more to my portfolio if my funds are not tied up elsewhere.

anonymoustrader      ( Date: 06-Feb-2015 12:17) Posted: yup but i mean is it a good share to invest in for long term?

 

yup but i mean is it a good share to invest in for long term?
 

 

That's SGX for you... They introduce 100 board lots so that institutions no longer need to buy/sell 1000 shares to push up or down the price. When the time comes for the price to go up, it will go up. No point posting here cos people get false hope and try their luck. After that cannot hold and price falls again. Cycle repeats itself month after month.

anonymoustrader      ( Date: 05-Feb-2015 11:32) Posted: seems like someone is trying to be funny.everytime there is a buy up, a selling of 100 or 200 shares will follow. buyers pls come in and teach them a lesson

 

seems like someone is trying to be funny.everytime there is a buy up, a selling of 100 or 200 shares will follow.

buyers pls come in and teach them a lesson

 

 

Needs more shortist to shoot down the price, so that all those contra get lost, then CK will pump up the price. Every time you see huge volume, is cos people try their luck n gamble.

 

hi any experts to comment on centurion?it looks stuck

 

 

Hi all,

Isit a good time the enter? 

 

looks like the bull is still with centurion

 

the drop is just correction right?long for centurion?

 

Clear 62 to continue its uptrending.