Centurion - Maybank Research 2025-03-28: In The Right Space; Initiate BUY.

• We initiate coverage on Centurion (SGX:OU8) with a BUY rating and target price of S$1.45, based on 1.0x FY25E P/B.
• - Read this at SGinvestors.io -

Beneficiary of construction boom.

• Centurion owns, develops and manages quality, purpose-built specialised accommodation assets, for workers in Singapore, Malaysia and China, and for students in Australia, the UK, and China. The group owns and manages a portfolio of 37 operational accommodation assets totalling 69,929 beds as of 31 Dec 2024.
• - Read this at SGinvestors.io -

Favourable demand-supply industry dynamics.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Previous report by Maybank:
2018-03-01 Centurion Corp (CENT SP) - Earnings Gap From Westlite Tuas.

Price targets by 5 other brokers at Centurion Target Prices.

Listing of research reports at Centurion Analyst Reports.

Relevant links:
Centurion Share Price History,
Centurion Announcements,
Centurion Dividend Payout Dates & Corporate Actions,
Centurion News