Added to YB: 2024-09-16
Pitch date: 2024-09-13
OU8.SI [bullish]
Centurion Corporation Limited
+97.74%
current return
Author Info
Bos Invest is a Dutch investor using fundamental analysis and a total return approach. Sign up for their newsletter.
Company Info
Centurion Corporation Limited, together with its subsidiaries, owns, manages, and operates purpose-built accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.
Market Cap
SGD 1.3B
Pitch Price
SGD 0.64
Price Target
N/A
Dividend
2.50%
EV/EBITDA
15.23
P/E
19.98
EV/Sales
9.53
Sector
Real Estate Management and Development
Category
value
Buying Centurion: benefiting from better worker accommodation
OU8.SI: Niche real estate co. focused on worker/student housing. Strong H1 2024 performance, revenue up from more beds & higher rents. Trading at 0.70 vs 1.12 NAV. 5.77c H1 EPS, 5% div yield expected. Conservative property valuations. Risks: cyclical, China expansion. 34% leverage. Management aligned with shareholders.
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