Select Page
Matthew asked 4 years ago

Hi Victor/Rusmin,
Centurion is currently trading at P/E of about 10x and with dividend yield of approximately 5%. NAV per share is also 0.60 cents. At the current valuation, do u think its is worth a look or you foresee any possible risk? I do know that their interest coverage ratio has drop below 3x and their net gearing is also quite high at 51%.

1 Answers
Victor Chng answered 4 years ago

Hi Matthew,
 
We have not been following Centurion for a long time already. My only concern with them is that they are are the high gearing side.