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801-820 of 882
2 weeks ago lose 20 dollar cut loss at 725
But centurion market cap around $465m...based.on 23500beds....per bed worth 20k....very high.....
edwinjup ( Date: 20-Aug-2014 17:51) Posted:
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Beside the current 200k of dormitory beds, another 100k will flood the already saturated local market in the next 24 months, thus depressing margin, or maybe lots of empty beds to come
lifeisgood ( Date: 20-Aug-2014 17:49) Posted:
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Weehur yet to perform....maybe start in nov....another 54 trading days to go..lol..
HVRRVH ( Date: 20-Aug-2014 17:49) Posted:
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One good thing about centurion is that share in public quite.low..easily.cook by bbs..just like oxley
HVRRVH ( Date: 20-Aug-2014 17:42) Posted:
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Overvalued. Dorminatories is not such a great biz. Besides, all leases are very short rerm. Tuas one is expiring. Many workers still prefer to stay at work sites, illegally. Cheaper and more fun.
Hi bro WH performing well! Haha I realised half the paper gain and the other half shall keep to fight. Sian, holding since mid 2013 and resisted to sell at 790 now 620!
edwinjup ( Date: 20-Aug-2014 17:39) Posted:
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Haha I don't see it happen. Well if it doesn't touch 60 I can keep and see how, otherwise divest all!
MoneyPlay ( Date: 20-Aug-2014 17:38) Posted:
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Actually centurion too focus on worker.dormitory...in singapore ..too.much competition....in.msia..per.bed around s$40..hard to.make.good.profit.....but i still feel.worker.dormitory in.singapore still.got.some demand before.mrt linked with.msia...some foreigner.workers.might opt to.take.mrt from.woodland to jb for cheaper option...
HVRRVH ( Date: 20-Aug-2014 17:28) Posted:
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Show time just started! $1.0 will be in 2 months time ! Huat arh!
In the face of fierce competition and big capex lately the price dropped 6 cents in 2 days! Paper profit dropped and decided and sold half. Keeping the other half to fight. Still in paper gain but I shall declare if it touches 60 i will divest all and take small profit.
Way overvalued. If not because of Han and Loh. The largest dorms at Tuas govt lease should be expiring very very soon. Dont know can get renewed or not.
with what other bros have commented - this counter does have potential, but highly geared and overpriced. can earnings sustain valuations? question. DYODD
Given current market sentiment I will just do nothing about my holding first. Not buying and not selling.
This one seems to go hand in hand with Lian Beng. Both are near historical high. Can they withstand gravity for long?
Next round of uptrend being create.
Yeah. This counter is definately over over valued. But this is how market forces drive it up and down.
BEWARE guys.
Cheers
Not Vested.
It's on bullish uptrend again. Hopefully this time can break 80 cents soon. Vested vested vested!!
HVRRVH ( Date: 19-Jul-2014 12:10) Posted:
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Technical Analysis-Centurion Corp-Bullish break suggests more upside ahead
By Philip Teo (OCBC)
Fri, 18 Jul 2014, 10:46:30 SGT
Bullish break suggests more upside ahead
Key uptrend support still intact.
Centurion Corp could see further recovery after initiating a strong rebound off the lower boundary of its 1-year uptrend channel on heavy trading volume yesterday its 3-month downtrend resistance was conquered at the same time.
Indicator turning bullish.
The MACD has just rebounded off its signal line this suggests that the upside momentum is building up.
Target price at $0.80.
The counter could climb higher towards the next key resistance at $0.80 (key peak) in the weeks ahead.
Stop loss level at $0.68.
Meanwhile, we advocate a stop-loss exit around $0.68.
Raptor50 ( Date: 19-Jul-2014 11:12) Posted:
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Have increased my holding when it dipped to 685/695 range not too long ago. Will pick up more if it ever drop below 70 cents again. Might average up too if that's the only way to increase my shares holding. Long term view on this.