Centurion Corp

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.

Broker's Calls

RHB ups Centurion Corp’s TP in light of healthy recovery in occupancy in UK and Australia student accommodation business

In Singapore, Centurion managed to secure a master lease from JTC Corporation to operate four QBDs adding 6,400 beds in FY2020
Loh of Centurion Corp and Gooi of Frencken Group raise their respective stakes - THE EDGE SINGAPORE

Insider moves

Loh of Centurion Corp and Gooi of Frencken Group raise their respective stakes

The last time Loh bought Centurion Corp shares from the market was on Oct 5, 2020

Company in the news

Centurion acquires student accomodation in UK for $18 mil as market recovers

Centurion’s two existing student properties in Nottingham are enjoying “close to full occupancy” for the current academic year
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