Share. SGX Listed Stock CENTURION CORPORATION LIMITED (SGX: OU8) SGD 0.345 +0.005 / +1.47% .

Kindly share more details on it.Partnering with other interested parties like High Net-Worth individuals, funds and family offices effectively remove that bottleneck and allow us to continue our fast-paced expansion.In addition, we will be able to charge a certain % of the value of asset under management as fund management fee and % of rental revenue as property management fee.Currently, the business is still cashflow-generative as there are still demands for CD-drives. We’d highlight though, the spotlight should be on the anticipated direction of the company’s earnings. While the price-to-earnings ratio shouldn’t be the defining factor in whether you buy a stock or not, it’s quite a capable barometer of earnings expectations. We’ve established that Centurion maintains its low P/E on the weakness of its forecast for sliding earnings, as expected. This is because no migrant workers were sent back to their home countries during the lockdown.For student accommodation in the UK, Centurion expects a decline in revenue of As for the impact on profit, the company was unable to comment.The management replied that the independent valuer considered the land lease extension of another 25 years to Also, worker dormitories fetch higher values compared to light industrials.With earnings expected to decline further, some shareholders were concerned that interest coverage would fall further.However, the management was unable to give an exact interest coverage ratio for FY2020. Centurion Corporation (SGX: OU8) came under fire when a large number of migrant workers in Singapore were infected with COVID-19.A few of Centurion’s worker dormitories were classified as hot spots for the contagious disease and were subsequently gazetted as isolation areas.To make matters worse, the plight migrant workers are facing has caught the attention of both local and international media.Critics have pointed out that migrant workers in Singapore are mistreated, underpaid, and have to endure poor living conditions in cramped spaces.Being one of the largest providers for worker dormitories in Singapore with Thus, I tuned in to Centurion’s virtual AGM to find out if the various accusations levelled at Centurion from different media sources were true.Most worker dormitories in Singapore are not as cramped and unhygienic as depicted by the mediaAccording to CEO Kong Chee Min, worker dormitories are normally well-maintained.As a licensed dormitory operator in Singapore, Centurion must follow the pre-prescribed The building structure and layout of a purpose-built dormitory is similar to public housing in Singapore.Migrant workers living in purpose-built dormitories only need to share cooking utensils and toilets with fellow residents living in the same unit.According to the CEO, the workers love to cook and eat together with their fellow roommates.So it is a misconception that migrant workers in Singapore have to live in extremely cramped spaces and share facilities on a massive scale. With projects currently under development and undergoing asset enhancement works, the Group’s portfolio is expected to increase to 68,414 beds by FY2020.Next up, we delve deeper into the company based on the insights garnered from the company visit and the panel Q&A discussion.There are 2 segments for Centurion Corp – Workers’ Accommodation and Students’ Accommodation.Amid the growing awareness of need for improved welfare for foreign worker populations, Singapore and Malaysia’s governments both encourage proper housing for foreign workers.It is especially the case in Malaysia where government is supporting the hiring of foreign workers to ease labour shortage. Centurion Corp - CGS-CIMB Research 2020-04-10: Contagion Risk. GICS ® Sector / Industry Group / Industry: Real Estate / Real Estate / Real Estate Management and Development. Centurion Corp's 1Q20 revenue rises on higher bed capacity .

So we can start by confirming that the company has done a great job of growing earnings over that time. Share Price as of: 2020-08-12 17:16. Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world.

CENTURION CORPORATION LIMITED (SGX: OU8) SGD 0.345 +0.005 / +1.47% . 1 month ago | Simply Wall St. Share Price as of: 2020-08-12 17:16. The latest three year period has also seen an excellent 208% overall rise in EPS, aided by its short-term performance. Our Mission . Right now shareholders are accepting the low P/E as they concede future earnings probably won’t provide any pleasant surprises. SGX:OU8 Income Statement May 26th 2020. In line with the Group’s asset light strategy, such investments will allow Centurion to efficiently leverage resources to scale up in a sustainable manner.With global reach and a clear growth strategy to actively enhance and manage its assets, identify strategic acquisitions supported by joint ventures and investment funds, Centurion has evolved to become Singapore’s leading owner, manager and operator of niche, alternative accommodation assets.Keep up to date by subscribing to our email updates. View photos. GICS ® Sector / Industry Group / Industry: Real Estate / Real Estate / Real Estate Management and Development. Financial occupancy remains above 90% but higher opex could weigh on its FY20F earnings. Valuation. … We use cookies on centurioncorp.com.sg to optimise and personalise your experience. We understand that some of our readers are constantly on a lookout for investing ideas.To help this group of readers fully utilise their time in the morning to work, we worked with some unbiased and experienced stocks investing bloggers to curate their articles on our platform for the convenience of our readers. Career With Us; Career Opportunities; Covid-19; Contact Us; 繁體中文 ; Press enter to begin your search. With the market predicted to deliver 1.9% growth each year, that’s a disappointing outcome. Due to the movement control order in Malaysia and the circuit breaker in Singapore, the group’s earlier plans to open Tampoi II by 3Q20 and … Centurion Corporation Limited's (SGX:OU8) Low P/E No Reason For Excitement. We want to say thanks to the whole Centurion committee for this welcoming arrangement.Still have more questions after reading the article?