Centurion Corp

RHB, KGI stay upbeat on Centurion Corp following sale-leaseback move - THE EDGE SINGAPORE

Broker's Calls

RHB, KGI stay upbeat on Centurion Corp following sale-leaseback move

Centurion might give out a special dividend if no significant capex needed
Centurion Corp's reduced dormitory bed capacity likely with MoM announcement - THE EDGE SINGAPORE

Property

Centurion Corp's reduced dormitory bed capacity likely with MOM announcement

Centurion to have reduced capacity as it retrofits dorms to meet MoM's new requirements

Broker's Calls

RHB remains upbeat on accommodation build group Centurion Corp, maintains 'buy'

Analyst Alfie Yeo kept his target price unchanged at 51 cents.

SGX Research Series: 10 in 10

Centurion Corp: Dorm provider with heart

Centurion Corp is trading well below its net asset value (NAV) per share
UOBKH keeps 'buy' on Centurion following robust PBWA demand - THE EDGE SINGAPORE

Broker's Calls

UOBKH keeps 'buy' on Centurion following robust PBWA demand

Centurion expects PBWA rental reversion to trend higher in 2023 and 2024.

Construction

Centurion-Lian Beng joint venture wins tender for Ubi workers' dormitory for $40.2 million

The total development cost is estimated to be $85 million
RHB lifts Centurion Corp’s TP to 51 cents as headwinds evolve to tailwinds - THE EDGE SINGAPORE

Broker's Calls

Analysts lift Centurion's TP as headwinds evolve to tailwinds

Centurion Corp's revenue rose 40% y-o-y to $90.5 million and core PATMI surged 42% y-o-y to $29 million.

Results

Centurion reports 277% earnings jump, conducts 'strategic review'

The company plans an interim dividend of 0.5 cent

Results

Centurion expects 1HFY2022 earnings to be at least 250% over 1HFY2021

In contrast, Centurion reported a fair value loss of $14.5 million recorded for 1HFY2021.
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